Wedbush Has Pessimistic Outlook of TMHC FY2025 Earnings

Key Points

• Wedbush has revised its FY2025 earnings estimates for Taylor Morrison Home, predicting earnings per share will fall to $7.87, down from a previous estimate of $8.51.
• Despite a cut in earnings forecasts, Wedbush maintains an "Outperform" rating on TMHC stock, with a target price set at $85.00.
• Taylor Morrison reported a quarterly EPS of $2.11, exceeding expectations, but its revenue has decreased by 1.2% year-over-year.

Taylor Morrison Home Corporation (NYSE:TMHC - Free Report) - Equities research analysts at Wedbush cut their FY2025 earnings per share (EPS) estimates for Taylor Morrison Home in a report released on Thursday, October 23rd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings of $7.87 per share for the year, down from their prior forecast of $8.51. Wedbush has a "Outperform" rating and a $85.00 price objective on the stock. The consensus estimate for Taylor Morrison Home's current full-year earnings is $8.93 per share. Wedbush also issued estimates for Taylor Morrison Home's Q1 2026 earnings at $1.39 EPS and Q1 2027 earnings at $1.50 EPS.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last posted its earnings results on Wednesday, October 22nd. The construction company reported $2.11 EPS for the quarter, beating the consensus estimate of $1.93 by $0.18. Taylor Morrison Home had a return on equity of 15.23% and a net margin of 10.16%.The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the business earned $2.40 earnings per share. The firm's revenue for the quarter was down 1.2% on a year-over-year basis.

Several other equities analysts also recently commented on TMHC. Seaport Res Ptn raised Taylor Morrison Home from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada decreased their target price on Taylor Morrison Home from $75.00 to $68.00 and set an "outperform" rating on the stock in a research report on Thursday. Bank of America decreased their target price on Taylor Morrison Home from $75.00 to $72.00 and set a "buy" rating on the stock in a research report on Friday, October 10th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Taylor Morrison Home in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company's stock. According to data from MarketBeat, Taylor Morrison Home has an average rating of "Buy" and an average target price of $76.38.

Taylor Morrison Home Price Performance

Taylor Morrison Home stock opened at $61.11 on Friday. Taylor Morrison Home has a 12 month low of $51.90 and a 12 month high of $75.49. The stock's 50 day moving average is $66.36 and its 200-day moving average is $62.11. The company has a current ratio of 7.02, a quick ratio of 0.74 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $6.13 billion, a price-to-earnings ratio of 7.36 and a beta of 1.61.

Insiders Place Their Bets

In other Taylor Morrison Home news, CEO Sheryl Palmer sold 13,513 shares of the company's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $72.06, for a total transaction of $973,746.78. Following the completion of the sale, the chief executive officer directly owned 370,475 shares in the company, valued at $26,696,428.50. This represents a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Curtis Vanhyfte sold 5,082 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $69.97, for a total value of $355,587.54. Following the sale, the chief financial officer owned 11,742 shares of the company's stock, valued at $821,587.74. The trade was a 30.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 67,351 shares of company stock worth $4,700,630 over the last three months. 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. GAMMA Investing LLC lifted its stake in Taylor Morrison Home by 193.0% during the first quarter. GAMMA Investing LLC now owns 674 shares of the construction company's stock worth $40,000 after purchasing an additional 444 shares during the last quarter. KBC Group NV lifted its stake in shares of Taylor Morrison Home by 16.7% in the 1st quarter. KBC Group NV now owns 4,987 shares of the construction company's stock valued at $299,000 after acquiring an additional 714 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in shares of Taylor Morrison Home in the 1st quarter valued at $243,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Taylor Morrison Home by 10.8% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,200 shares of the construction company's stock valued at $552,000 after acquiring an additional 900 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of Taylor Morrison Home by 15.6% in the 1st quarter. Cerity Partners LLC now owns 24,507 shares of the construction company's stock valued at $1,471,000 after acquiring an additional 3,311 shares during the last quarter. 95.16% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.