Taylor Morrison Home Co. (NYSE:TMHC) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Taylor Morrison Home Co. (NYSE:TMHC - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the ten analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $76.88.

TMHC has been the topic of several research analyst reports. Wall Street Zen cut Taylor Morrison Home from a "buy" rating to a "hold" rating in a research note on Sunday. BTIG Research set a $75.00 price target on Taylor Morrison Home and gave the company a "buy" rating in a research note on Wednesday, April 16th. Wedbush reiterated an "outperform" rating and issued a $85.00 price target on shares of Taylor Morrison Home in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. reduced their price objective on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating for the company in a research note on Tuesday, February 18th. Finally, Barclays set a $69.00 price target on Taylor Morrison Home and gave the company an "overweight" rating in a research report on Thursday, April 24th.

Insider Transactions at Taylor Morrison Home

In related news, CAO Joseph Terracciano sold 1,537 shares of Taylor Morrison Home stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $60.75, for a total transaction of $93,372.75. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.40% of the company's stock.

Institutional Investors Weigh In On Taylor Morrison Home

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Morse Asset Management Inc purchased a new stake in Taylor Morrison Home in the fourth quarter valued at $29,000. GAMMA Investing LLC raised its position in Taylor Morrison Home by 193.0% in the first quarter. GAMMA Investing LLC now owns 674 shares of the construction company's stock valued at $40,000 after purchasing an additional 444 shares during the period. V Square Quantitative Management LLC raised its position in Taylor Morrison Home by 68.1% in the fourth quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company's stock valued at $42,000 after purchasing an additional 277 shares during the period. Quarry LP raised its position in Taylor Morrison Home by 202.1% in the fourth quarter. Quarry LP now owns 704 shares of the construction company's stock valued at $43,000 after purchasing an additional 471 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Taylor Morrison Home by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 791 shares of the construction company's stock valued at $48,000 after purchasing an additional 262 shares during the period. Hedge funds and other institutional investors own 95.16% of the company's stock.

Taylor Morrison Home Trading Up 0.2%

NYSE TMHC traded up $0.10 during trading hours on Wednesday, hitting $58.04. 891,244 shares of the company were exchanged, compared to its average volume of 928,331. The stock has a 50-day moving average price of $57.59 and a 200 day moving average price of $61.74. The company has a quick ratio of 0.94, a current ratio of 6.39 and a debt-to-equity ratio of 0.36. Taylor Morrison Home has a 52 week low of $51.90 and a 52 week high of $75.49. The stock has a market cap of $5.82 billion, a PE ratio of 7.01 and a beta of 1.68.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last released its earnings results on Wednesday, April 23rd. The construction company reported $2.18 EPS for the quarter, beating analysts' consensus estimates of $1.85 by $0.33. The firm had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.81 billion. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%. The company's quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.75 earnings per share. Analysts forecast that Taylor Morrison Home will post 8.93 earnings per share for the current fiscal year.

Taylor Morrison Home Company Profile

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.