Taylor Morrison Home Corporation is a homebuilder, which designs, builds and sells single-family detached and attached homes. The Company is also a land developer, with a portfolio of lifestyle and master-planned communities. Its segments include East, which includes Atlanta, Charlotte, North Florida, Raleigh, Southwest Florida and Tampa; Central, which includes Austin, Dallas, and Houston (each of the Dallas and Houston markets include both a Taylor Morrison division and a Darling Homes division); West, which includes Bay Area, Chicago, Denver, Phoenix, Sacramento and Southern California, and Mortgage Operations, which includes Taylor Morrison Home Funding, LLC (TMHF) and Inspired Title Services, LLC (Inspired Title). It operates under the Taylor Morrison and Darling Homes brand names. The Company also provides financial services to customers through its mortgage subsidiary, TMHF, and title insurance and closing settlement services through its title company, Inspired Title.
Industry, Sector and Symbol:
- Sector: Cyclical Consumer Goods & Services
- Industry: Homebuilding
- Sub-Industry: N/A
- Symbol: NASDAQ:TMHC
- CUSIP: N/A
- Web: www.taylormorrison.com/
- Market Cap: $1.52 billion
- Outstanding Shares: 72,492,000
- 50 Day Moving Avg: $21.26
- 200 Day Moving Avg: $22.43
- 52 Week Range: $15.82 - $24.79
Sales & Book Value:
- Trailing P/E Ratio: 12.72
- Foreward P/E Ratio: 9.37
- P/E Growth: 0.78
- Annual Revenue: $3.73 billion
- Price / Sales: 0.41
- Book Value: $18.55 per share
- Price / Book: 1.13
- EBIDTA: $344.81 million
- Net Margins: 6.16%
- Return on Equity: 9.57%
- Return on Assets: 5.34%
- Average Volume: 1.28 million shs.
- Short Ratio: 0.73
Frequently Asked Questions for Taylor Morrison Home Corp (NASDAQ:TMHC)
What is Taylor Morrison Home Corp's stock symbol?
Taylor Morrison Home Corp trades on the NASDAQ under the ticker symbol "TMHC."
How will Taylor Morrison Home Corp's stock buyback program work?
Taylor Morrison Home Corp announced that its board has authorized a stock repurchase program on Tuesday, September 19th 2017, which authorizes the company to buyback $43,600,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.
How were Taylor Morrison Home Corp's earnings last quarter?
Taylor Morrison Home Corp (NASDAQ:TMHC) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.08. The company earned $908.49 million during the quarter, compared to analyst estimates of $849.70 million. Taylor Morrison Home Corp had a return on equity of 9.57% and a net margin of 6.16%. Taylor Morrison Home Corp's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS. View Taylor Morrison Home Corp's Earnings History.
When will Taylor Morrison Home Corp make its next earnings announcement?
Where is Taylor Morrison Home Corp's stock going? Where will Taylor Morrison Home Corp's stock price be in 2017?
5 analysts have issued twelve-month price targets for Taylor Morrison Home Corp's shares. Their predictions range from $21.00 to $27.00. On average, they expect Taylor Morrison Home Corp's share price to reach $23.25 in the next year. View Analyst Ratings for Taylor Morrison Home Corp.
What are analysts saying about Taylor Morrison Home Corp stock?
Here are some recent quotes from research analysts about Taylor Morrison Home Corp stock:
- 1. According to Zacks Investment Research, "Taylor Morrison Home Corporation is a homebuilder and land developer engaged in building single-family detached and attached homes for first-time buyers, move-up families to luxury and active adult customers. The company operates under the Taylor Morrison brand, Monarch brand and Darling Homes brand. It operates in Arizona, California, Colorado, Florida and Texas. Taylor Morrison Home Corporation is headquartered in Scottsdale, Arizona. " (8/5/2017)
- 2. FBR & Co analysts commented, "On February 8, Taylor Morrison announced 4Q16 results that were ahead of expectations, including home closing sales of $1.15B and adjusted EPS of $0.65 (versus consensus of $0.59) aided by the pulling forward of home closings in December from January. This quarter marked the end of a two-year planned transformation and investments at the company, with a focus now on driving EBIT and improving ROE. Along with its strong balance sheet and liquidity, we believe the company is well positioned to execute on its four pillars strategy. We are updating our estimates for 2017 and introducing our initial 2018 estimates. We are also modestly raising our price target to $21 (from $20) as we roll forward our valuation multiple to 2017 estimates, but we are downgrading the shares to Market Perform (from Outperform) due to the limited upside to our price target." (2/14/2017)
- 3. BTIG Research analysts commented, "TMHC's focus is Sunbelt move-up. Now out of Canada, the company has reinvested capital in the Southeast. There is work to be done on per-store absorption rates (down for 4 years) and gross margins (down for 3). TMHC's relative local scale is modest but a low-cost land base may help. For now, we sit on the sidelines to await structural improvements, even with shares near book value." (2/7/2017)
Who are some of Taylor Morrison Home Corp's key competitors?
Some companies that are related to Taylor Morrison Home Corp include Redrow plc (RDW), Ryland Group (RYL), KB Home (KBH), Countryside Properties PLC (CSP), Bovis Homes Group plc (BVS), Crest Nicholson Holdings PLC (CRST), LGI Homes (LGIH), Beazer Homes USA (BZH), Green Brick Partners (GRBK), PICO Holdings (PICO), Telford Homes plc (TEF), New Home Company Inc. (The) (NWHM) and Brookfield Residential Properties (BRP).
Who are Taylor Morrison Home Corp's key executives?
Taylor Morrison Home Corp's management team includes the folowing people:
- Sheryl D. Palmer, President, Chief Executive Officer, Director
- C. David Cone, Chief Financial Officer, Executive Vice President
- Darrell C. Sherman, Executive Vice President, Chief Legal Officer, Secretary
- John C. Brady, Director
- Kelvin L. Davis, Director
- Joseph Sydney Houssian, Director
- Jason Keller, Director
- James A. Sholem, Director
Who owns Taylor Morrison Home Corp stock?
Taylor Morrison Home Corp's stock is owned by a number of of institutional and retail investors. Top institutional investors include
TPG GROUP HOLDINGS (SBS) ADVISORS, INC.
(25.80%), Vanguard Group Inc. (11.92%), BlackRock Inc. (11.17%), FMR LLC (11.13%), Dimensional Fund Advisors LP (5.94%) and Donald Smith & CO. Inc. (5.66%). Company insiders that own Taylor Morrison Home Corp stock include Anne L Mariucci, C David Cone, Group Holdings (Sbs) Advis Tpg, Joseph Terracciano and Sheryl Palmer. View Institutional Ownership Trends for Taylor Morrison Home Corp.
Who sold Taylor Morrison Home Corp stock? Who is selling Taylor Morrison Home Corp stock?
Taylor Morrison Home Corp's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Peregrine Capital Management LLC, GSA Capital Partners LLP, Monarch Partners Asset Management LLC, OxFORD Asset Management LLP, Menta Capital LLC, Hexavest Inc. and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Taylor Morrison Home Corp.
Who bought Taylor Morrison Home Corp stock? Who is buying Taylor Morrison Home Corp stock?
Taylor Morrison Home Corp's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Dimensional Fund Advisors LP, Goldman Sachs Group Inc., Koch Industries Inc., Greenhaven Associates Inc., Acadian Asset Management LLC and JPMorgan Chase & Co.. Company insiders that have bought Taylor Morrison Home Corp stock in the last two years include Anne L Mariucci, C David Cone, Group Holdings (Sbs) Advis Tpg, Joseph Terracciano and Sheryl Palmer. View Insider Buying and Selling for Taylor Morrison Home Corp.
How do I buy Taylor Morrison Home Corp stock?
Shares of Taylor Morrison Home Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Taylor Morrison Home Corp's stock price today?
MarketBeat Community Rating for Taylor Morrison Home Corp (NASDAQ TMHC)MarketBeat's community ratings are surveys of what our community members think about Taylor Morrison Home Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Taylor Morrison Home Corp stock can currently be purchased for approximately $20.90.
Consensus Ratings for Taylor Morrison Home Corp (NASDAQ:TMHC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.20)|
|Consensus Price Target: ||$23.25 (11.24% upside)|
Analysts' Ratings History for Taylor Morrison Home Corp (NASDAQ:TMHC)
(Data available from 9/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/7/2017||Deutsche Bank AG||Boost Price Target||Buy||$25.00 -> $27.00||Low|
|4/28/2017||FBR & Co||Boost Price Target||Mkt Perform||$21.00 -> $23.00||Low|
|3/7/2017||Barclays PLC||Reiterated Rating||Equal Weight||$21.00 -> $22.00||N/A|
|2/7/2017||BTIG Research||Initiated Coverage||Neutral||N/A|
|12/8/2016||Gabelli||Downgrade||Buy -> Hold||$21.00||N/A|
|9/29/2016||Wells Fargo & Company||Initiated Coverage||Market Perform||N/A|
|8/5/2016||J P Morgan Chase & Co||Boost Price Target||Neutral||$16.50 -> $17.00||N/A|
|8/4/2016||Citigroup Inc.||Boost Price Target||Neutral||$15.50 -> $17.00||N/A|
|8/4/2016||Susquehanna Bancshares Inc||Downgrade||Positive -> Neutral||N/A|
|7/12/2016||Credit Suisse Group||Reiterated Rating||Buy||N/A|
Earnings History for Taylor Morrison Home Corp (NASDAQ:TMHC)Earnings History by Quarter for Taylor Morrison Home Corp (NASDAQ TMHC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.38||$0.46||$849.70 million||$908.49 million||View||Listen|
|4/27/2017||Q1 2017||$0.28||$0.30||$742.08 million||$769.09 million||View||N/A|
|1/31/2017||Q416||$0.59||$0.65||$1.08 billion||$1.20 billion||View||Listen|
|11/2/2016||Q316||$0.46||$0.49||$862.21 million||$853.00 million||View||Listen|
|8/3/2016||Q216||$0.33||$0.37||$793.63 million||$854.30 million||View||Listen|
|5/4/2016||Q116||$0.22||$0.21||$605.58 million||$645.30 million||View||Listen|
|2/3/2016||Q415||$0.54||$0.54||$984.99 million||$970.00 million||View||Listen|
|11/4/2015||Q315||$0.40||$0.37||$812.19 million||$796.00 million||View||Listen|
|8/5/2015||Q215||$0.31||$0.33||$660.08 million||$701.00 million||View||Listen|
|5/6/2015||Q115||$0.27||$0.33||$531.17 million||$509.00 million||View||Listen|
|2/4/2015||Q414||$0.75||$0.84||$1.09 billion||$1,000.00 million||View||Listen|
|11/5/2014||Q314||$0.50||$0.54||$754.80 million||$759.00 million||View||Listen|
|8/5/2014||Q214||$0.36||$0.45||$610.37 million||$657.80 million||View||Listen|
|5/7/2014||Q114||$0.27||$0.33||$512.60 million||$519.20 million||View||Listen|
|2/12/2014||Q413||$0.53||$0.79||$714.68 million||$798.40 million||View||Listen|
|11/12/2013||Q313||$0.39||$0.43||$583.66 million||$634.44 million||View||Listen|
|8/13/2013||Q2 2013||($0.26)||$0.16||$493.40 million||$508.87 million||View||Listen|
|5/14/2013||Q1 2013||$0.09||$0.03||$378.57 million||$381.51 million||View||Listen|
Earnings Estimates for Taylor Morrison Home Corp (NASDAQ:TMHC)
2017 EPS Consensus Estimate: $1.80
2018 EPS Consensus Estimate: $2.18
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Taylor Morrison Home Corp (NASDAQ:TMHC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Taylor Morrison Home Corp (NASDAQ:TMHC)Insider Trades by Quarter for Taylor Morrison Home Corp (NASDAQ:TMHC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/19/2016||Group Holdings (Sbs) Advis Tpg||Major Shareholder||Buy||332,332||$13.18||$4,380,135.76|| |
|2/16/2016||Group Holdings (Sbs) Advis Tpg||Major Shareholder||Buy||527,400||$11.92||$6,286,608.00|| |
|2/10/2016||Group Holdings (Sbs) Advis Tpg||Major Shareholder||Buy||640,000||$11.58||$7,411,200.00|| |
|2/9/2016||C. David Cone||CFO||Buy||2,200||$11.31||$24,882.00|| |
|2/9/2016||Joseph Terracciano||CAO||Buy||51||$11.75||$599.25|| |
|2/8/2016||Anne L Mariucci||Director||Buy||8,925||$11.28||$100,674.00|| |
|2/8/2016||Sheryl Palmer||CEO||Buy||7,500||$11.35||$85,125.00|| |
|8/8/2014||C. David Cone||CFO||Buy||5,600||$17.91||$100,296.00|| |
|8/19/2013||Tawn Kelley||Insider||Buy||1,220||$20.50||$25,010.00|| |
|8/16/2013||Sheryl Palmer||CEO||Buy||5,000||$20.50||$102,500.00|| |
|6/6/2013||Louis Steffens||Insider||Buy||4,000||$23.51||$94,040.00|| |
|5/17/2013||Sheryl Palmer||CEO||Buy||2,000||$25.57||$51,140.00|| |
|4/29/2013||Tawn Kelley||Insider||Buy||2,100||$26.18||$54,978.00|| |
Headline Trends for Taylor Morrison Home Corp (NASDAQ:TMHC)
Latest Headlines for Taylor Morrison Home Corp (NASDAQ:TMHC)
|Taylor Morrison Home Corp (TMHC) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - September 20 at 8:50 AM
|Taylor Morrison Home Corp (TMHC) Board Initiates Stock Buyback Program|
www.americanbankingnews.com - September 19 at 11:04 AM
|Taylor Morrison Extends and Increases Stock Repurchase Program|
finance.yahoo.com - September 19 at 8:36 AM
|Head to Head Comparison: Taylor Morrison Home Corp (TMHC) and PulteGroup (PHM)|
www.americanbankingnews.com - September 11 at 12:08 AM
|Taylor Morrison Home Corp (TMHC) versus New Home Company Inc. (The) (NWHM) Head-To-Head Comparison|
www.americanbankingnews.com - September 10 at 6:26 PM
|Taylor Morrison CEO on Impact of Hurricane Harvey|
finance.yahoo.com - September 7 at 10:00 AM
|ETFs with exposure to Taylor Morrison Home Corp. : September 2, 2017|
finance.yahoo.com - September 2 at 9:34 AM
|Financial Contrast: PulteGroup (PHM) vs. Taylor Morrison Home Corp (TMHC)|
www.americanbankingnews.com - September 2 at 8:44 AM
|Taylor Morrison Donates $250,000 to Assist Hurricane Harvey Relief Efforts|
finance.yahoo.com - August 30 at 10:18 AM
|Taylor Morrison Home Corp (TMHC) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - August 26 at 8:44 AM
|BidaskClub Lowers Taylor Morrison Home Corp (TMHC) to Strong Sell|
www.americanbankingnews.com - August 23 at 10:56 PM
|Taylor Morrison Home Breaks Below 200-Day Moving Average - Notable for TMHC|
www.nasdaq.com - August 19 at 8:17 AM
|Taylor Morrison Home Corp (TMHC) and PulteGroup (PHM) Head-To-Head Survey|
www.americanbankingnews.com - August 19 at 2:26 AM
|Zacks: Analysts Expect Taylor Morrison Home Corp (TMHC) Will Announce Quarterly Sales of $957.10 Million|
www.americanbankingnews.com - August 19 at 1:56 AM
|Homebuyers Increasingly Willing to Sacrifice Home Square Footage to Gain Outdoor Space|
finance.yahoo.com - August 15 at 7:43 AM
|Head to Head Contrast: Taylor Morrison Home Corp (NASDAQ:TMHC) and Toll Brothers (TOL)|
www.americanbankingnews.com - August 13 at 10:32 PM
|Analyzing Toll Brothers (TOL) & Taylor Morrison Home Corp (NASDAQ:TMHC)|
www.americanbankingnews.com - August 9 at 2:16 PM
|Taylor Morrison Home Corp (TMHC) Given New $27.00 Price Target at Deutsche Bank AG|
www.americanbankingnews.com - August 7 at 2:26 PM
|Taylor Morrison Home Corp (NASDAQ:TMHC) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - August 5 at 8:52 AM
|Taylor Morrison Home Corp. :TMHC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017|
finance.yahoo.com - August 5 at 7:47 AM
|FY2017 Earnings Forecast for Taylor Morrison Home Corp Issued By Gabelli (NASDAQ:TMHC)|
www.americanbankingnews.com - August 4 at 10:00 AM
|Q3 2017 EPS Estimates for Taylor Morrison Home Corp (NASDAQ:TMHC) Lowered by Analyst|
www.americanbankingnews.com - August 4 at 7:16 AM
|Investor Network: Taylor Morrison Home Corp. to Host Earnings Call|
finance.yahoo.com - August 3 at 7:58 AM
|Taylor Morrison Home Corp (TMHC) Downgraded by BidaskClub to "Hold"|
www.americanbankingnews.com - August 2 at 6:56 PM
|Taylor Morrison Home Corp (TMHC) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS|
www.americanbankingnews.com - August 2 at 12:40 PM
|National homebuilder plans 356-home community in Concord|
finance.yahoo.com - August 2 at 7:51 AM
|Taylor Morrison Reports Second Quarter Sales per Outlet of 2.7, an Increase of 29%, Sales Orders of 2,376, Revenue of $908 Million and Diluted Earnings per Share of $0.46|
finance.yahoo.com - August 2 at 7:51 AM
|Taylor Morrison tops Street 2Q forecasts|
finance.yahoo.com - August 2 at 7:51 AM
|Taylor Morrison Home Corp (NASDAQ:TMHC) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - August 1 at 8:42 AM
| Brokerages Expect Taylor Morrison Home Corp (TMHC) Will Announce Quarterly Sales of $856.71 Million|
www.americanbankingnews.com - August 1 at 8:01 AM
|Zacks: Brokerages Anticipate Taylor Morrison Home Corp (TMHC) to Announce $0.38 Earnings Per Share|
www.americanbankingnews.com - July 30 at 8:20 PM
|Taylor Morrison Home Corp. breached its 50 day moving average in a Bearish Manner : TMHC-US : July 24, 2017|
finance.yahoo.com - July 25 at 7:40 AM
|Taylor Morrison Home Corp (TMHC) to Release Earnings on Tuesday|
www.americanbankingnews.com - July 25 at 7:38 AM
|Taylor Morrison Second Quarter 2017 Earnings Release Conference Call And Webcast Scheduled|
finance.yahoo.com - July 20 at 8:47 AM
|National homebuilder breaks ground on new Indian Land community|
www.bizjournals.com - July 13 at 10:31 AM
|$856.71 Million in Sales Expected for Taylor Morrison Home Corp (TMHC) This Quarter|
www.americanbankingnews.com - July 8 at 9:22 AM
|Taylor Morrison Home Corp (TMHC) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - July 7 at 10:54 AM
|Taylor Morrison Home Corp (TMHC) Expected to Announce Earnings of $0.38 Per Share|
www.americanbankingnews.com - July 6 at 2:28 PM
|Zacks Investment Research Upgrades Taylor Morrison Home Corp (NASDAQ:TMHC) to Buy|
www.americanbankingnews.com - July 4 at 8:38 AM
|Is Taylor Morrison a Great Stock for Value Investors?|
finance.yahoo.com - July 4 at 8:03 AM
|Taylor Morrison Communities, Inc. -- Moody's Upgrades Taylor Morrison to Ba3; Outlook Stable|
finance.yahoo.com - June 27 at 10:10 PM
|Equities Analysts Offer Predictions for Taylor Morrison Home Corp's Q2 2017 Earnings (TMHC)|
www.americanbankingnews.com - June 26 at 7:02 AM
|Financial Survey: LGI Homes (LGIH) and Taylor Morrison Home Corp (TMHC)|
www.americanbankingnews.com - June 23 at 8:14 AM
|Taylor Morrison Home (TMHC) to Offer 10M Shares of Class A Common Stock|
www.streetinsider.com - June 22 at 2:12 PM
|Homebuilder hires local construction vice president|
www.bizjournals.com - June 17 at 6:42 AM
|D.R. Horton (DHI) versus Taylor Morrison Home Corp (TMHC) Head-To-Head Review|
www.americanbankingnews.com - June 16 at 12:10 AM
|Taylor Morrison Home Corp (TMHC) Expected to Announce Quarterly Sales of $849.18 Million|
www.americanbankingnews.com - June 14 at 11:30 AM
|$0.38 EPS Expected for Taylor Morrison Home Corp (TMHC) This Quarter|
www.americanbankingnews.com - June 12 at 4:48 PM
|Taylor Morrison Home Corp (TMHC) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - June 12 at 9:42 AM
|Taylor Morrison Home Corp (TMHC) Stock Rating Upgraded by ValuEngine|
www.americanbankingnews.com - June 2 at 11:40 PM
Taylor Morrison Home Corp (TMHC) Chart for Saturday, September, 23, 2017