About Taylor Morrison Home Corporation (NYSE:TMHC)
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
Trailing P/E Ratio12.84
Forward P/E Ratio12.91
Sales & Book Value
Annual Sales$3.55 billion
Price / Sales0.80
Cash Flow$0.52 per share
Price / Cash45.38
Book Value$19.36 per share
Price / Book1.23
Net Income$52.61 million
Return on Equity4.18%
Return on Assets2.21%
Frequently Asked Questions for Taylor Morrison Home Corporation (NYSE:TMHC)
What is Taylor Morrison Home Corporation's stock symbol?
Taylor Morrison Home Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMHC."
How were Taylor Morrison Home Corporation's earnings last quarter?
Taylor Morrison Home Corporation (NYSE:TMHC) issued its quarterly earnings results on Wednesday, November, 1st. The construction company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.04. The construction company earned $908 million during the quarter, compared to analysts' expectations of $914.19 million. Taylor Morrison Home Corporation had a net margin of 2.41% and a return on equity of 4.18%. Taylor Morrison Home Corporation's revenue was up 6.4% on a year-over-year basis. During the same period last year, the company posted $0.49 EPS. View Taylor Morrison Home Corporation's Earnings History.
When will Taylor Morrison Home Corporation make its next earnings announcement?
Where is Taylor Morrison Home Corporation's stock going? Where will Taylor Morrison Home Corporation's stock price be in 2017?
5 equities research analysts have issued 12 month price objectives for Taylor Morrison Home Corporation's shares. Their predictions range from $21.00 to $27.00. On average, they anticipate Taylor Morrison Home Corporation's stock price to reach $23.25 in the next twelve months. View Analyst Ratings for Taylor Morrison Home Corporation.
What are Wall Street analysts saying about Taylor Morrison Home Corporation stock?
Here are some recent quotes from research analysts about Taylor Morrison Home Corporation 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)
Are investors shorting Taylor Morrison Home Corporation?
Taylor Morrison Home Corporation saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,583,870 shares, an increase of 41.3% from the October 13th total of 1,120,685 shares. Based on an average daily trading volume, of 962,993 shares, the short-interest ratio is presently 1.6 days. Approximately 2.2% of the company's shares are sold short.
Who are some of Taylor Morrison Home Corporation's key competitors?
Some companies that are related to Taylor Morrison Home Corporation include Berkeley Group Holdings PLC (BKG), Bellway p.l.c. (BWY), KB Home (KBH), Redrow plc (RDW), Countryside Properties PLC (CSP), Bovis Homes Group plc (BVS), LGI Homes (LGIH), Crest Nicholson Holdings plc (CRST), Beazer Homes USA (BZH), Green Brick Partners (GRBK), Telford Homes Plc (TEF), PICO Holdings (PICO), New Home Company Inc. (The) (NWHM) and Brookfield Residential Properties (BRP).
Who are Taylor Morrison Home Corporation's key executives?
Taylor Morrison Home Corporation's management team includes the folowing people:
- Sheryl D. Palmer, President, Chief Executive Officer, Director (Age 55)
- C. David Cone, Chief Financial Officer, Executive Vice President (Age 45)
- Darrell C. Sherman, Executive Vice President, Chief Legal Officer, Secretary (Age 52)
- Kelvin L. Davis, Director (Age 53)
- Jason Keller, Director (Age 47)
- James A. Sholem, Director (Age 32)
- Rajath Shourie, Director (Age 43)
- James Henry, Independent Director (Age 70)
Who owns Taylor Morrison Home Corporation stock?
Taylor Morrison Home Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.83%), Greenhaven Associates Inc. (3.48%), NWQ Investment Management Company LLC (1.87%), JPMorgan Chase & Co. (2.94%), Prudential Financial Inc. (2.31%) and Wells Fargo & Company MN (0.74%). Company insiders that own Taylor Morrison Home Corporation 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 Corporation.
Who sold Taylor Morrison Home Corporation stock? Who is selling Taylor Morrison Home Corporation stock?
Taylor Morrison Home Corporation's stock was sold by a variety of institutional investors in the last quarter, including Highbridge Capital Management LLC, Chicago Equity Partners LLC, Cornerstone Capital Management Holdings LLC., Prudential Financial Inc., Russell Investments Group Ltd., Quantbot Technologies LP, Strs Ohio and Monarch Partners Asset Management LLC. View Insider Buying and Selling for Taylor Morrison Home Corporation.
Who bought Taylor Morrison Home Corporation stock? Who is buying Taylor Morrison Home Corporation stock?
Taylor Morrison Home Corporation's stock was bought by a variety of institutional investors in the last quarter, including Greenhaven Associates Inc., Dimensional Fund Advisors LP, First Quadrant L P CA, New York State Common Retirement Fund, Los Angeles Capital Management & Equity Research Inc., American Century Companies Inc., Schwab Charles Investment Management Inc. and Schroder Investment Management Group. Company insiders that have bought Taylor Morrison Home Corporation 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 Corporation.
How do I buy Taylor Morrison Home Corporation stock?
Shares of Taylor Morrison Home Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Taylor Morrison Home Corporation's stock price today?
One share of Taylor Morrison Home Corporation stock can currently be purchased for approximately $23.75.
How big of a company is Taylor Morrison Home Corporation?
Taylor Morrison Home Corporation has a market capitalization of $2.86 billion and generates $3.55 billion in revenue each year. The construction company earns $52.61 million in net income (profit) each year or $1.84 on an earnings per share basis. Taylor Morrison Home Corporation employs 1,800 workers across the globe.
How can I contact Taylor Morrison Home Corporation?
Taylor Morrison Home Corporation's mailing address is 4900 N. SCOTTSDALE ROAD SUITE 2000, SCOTTSDALE AZ, 85251. The construction company can be reached via phone at 480-840-8100 or via email at [email protected]
MarketBeat Community Rating for Taylor Morrison Home Corporation (TMHC)MarketBeat's community ratings are surveys of what our community members think about Taylor Morrison Home Corporation 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.
Earnings History and Estimates Chart for Taylor Morrison Home Corporation (NYSE:TMHC)
Earnings History by Quarter for Taylor Morrison Home Corporation (NYSE TMHC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||$0.41||$0.45||$914.19 million||$908.00 million||View||N/A|
|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 Corporation (NYSE:TMHC)
Current Year EPS Consensus Estimate: $1.84 EPS
Next Year EPS Consensus Estimate: $2.25 EPS
Dividend History for Taylor Morrison Home Corporation (NYSE:TMHC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Taylor Morrison Home Corporation (NYSE TMHC)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 59.29%
Insider Trades by Quarter for Taylor Morrison Home Corporation (NYSE TMHC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/1/2017||C. David Cone||Insider||Sell||35,000||$23.79||$832,650.00|| |
|10/5/2017||C. David Cone||Insider||Sell||20,000||$22.83||$456,600.00|| |
|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|| |
Latest Headlines for Taylor Morrison Home Corporation (NYSE TMHC)
Taylor Morrison Home Corporation (NYSE TMHC) Chart for Saturday, November, 25, 2017