Taylor Morrison Home Co. (NYSE:TMHC) Receives Average Rating of "Hold" from Analysts

Taylor Morrison Home Co. (NYSE:TMHC - Get Free Report) has earned an average recommendation of "Hold" from the six brokerages that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $57.80.

Several equities analysts have recently weighed in on the company. Seaport Res Ptn cut Taylor Morrison Home from a "buy" rating to a "neutral" rating in a report on Monday, January 22nd. Royal Bank of Canada increased their target price on Taylor Morrison Home from $57.00 to $61.00 and gave the company an "outperform" rating in a report on Thursday, February 15th. Barclays boosted their price target on Taylor Morrison Home from $55.00 to $60.00 and gave the company an "equal weight" rating in a research note on Thursday, February 15th. Wedbush reiterated a "neutral" rating and issued a $55.00 price objective on shares of Taylor Morrison Home in a research note on Tuesday. Finally, Zelman & Associates upgraded shares of Taylor Morrison Home from an "underperform" rating to a "neutral" rating in a research report on Friday, April 12th.

Insider Activity at Taylor Morrison Home

In other Taylor Morrison Home news, CAO Joseph Terracciano sold 724 shares of the firm's stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $55.87, for a total transaction of $40,449.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Taylor Morrison Home news, Director William H. Lyon sold 20,896 shares of the firm's stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $56.01, for a total transaction of $1,170,384.96. Following the sale, the director now directly owns 2,837,020 shares of the company's stock, valued at $158,901,490.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Joseph Terracciano sold 724 shares of the company's stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $55.87, for a total value of $40,449.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 613,537 shares of company stock worth $36,409,767. 3.50% of the stock is owned by company insiders.

Institutional Trading of Taylor Morrison Home

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc boosted its holdings in shares of Taylor Morrison Home by 138.9% during the 3rd quarter. IFP Advisors Inc now owns 614 shares of the construction company's stock valued at $26,000 after purchasing an additional 357 shares during the last quarter. Rise Advisors LLC purchased a new stake in shares of Taylor Morrison Home in the first quarter worth about $26,000. ICA Group Wealth Management LLC bought a new position in Taylor Morrison Home during the fourth quarter valued at approximately $27,000. Private Wealth Management Group LLC purchased a new position in Taylor Morrison Home during the 4th quarter valued at approximately $39,000. Finally, Daiwa Securities Group Inc. bought a new stake in Taylor Morrison Home in the 4th quarter worth approximately $48,000. Institutional investors own 95.16% of the company's stock.

Taylor Morrison Home Stock Performance

Shares of NYSE:TMHC traded down $1.72 during midday trading on Tuesday, reaching $55.98. 1,376,797 shares of the company's stock traded hands, compared to its average volume of 776,863. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.13 and a current ratio of 6.00. Taylor Morrison Home has a one year low of $37.23 and a one year high of $62.64. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 8.02 and a beta of 1.87. The stock has a 50 day moving average of $57.58 and a 200 day moving average of $51.66.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The construction company reported $2.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.82 by $0.23. Taylor Morrison Home had a net margin of 10.37% and a return on equity of 16.21%. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter last year, the firm posted $2.93 EPS. The business's quarterly revenue was down 19.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Taylor Morrison Home will post 7.29 EPS for the current fiscal year.

About Taylor Morrison Home

Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name.