Taylor Morrison Home Corporation Stock Price, News & Analysis (NYSE:TMHC)

$23.65 0.20 (0.85 %)
(As of 11/20/2017 04:00 PM ET)
Previous Close$23.45
Today's Range$23.51 - $23.69
52-Week Range$18.26 - $24.79
Volume725,478 shs
Average Volume1.15 million shs
Market Capitalization$2.8 billion
P/E Ratio12.61
Dividend YieldN/A
Beta1.48

About Taylor Morrison Home Corporation (NYSE:TMHC)

Taylor Morrison Home Corporation logoTaylor 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:
  • Industry: Homebuilding
  • Sub-Industry: N/A
  • Sector: Cyclical Consumer Goods & Services
  • Symbol: NYSE:TMHC
  • CUSIP: N/A
  • Web: www.taylormorrison.com
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 6.85%
  • Quick Ratio: 0.81%
Price-To-Earnings:
  • Trailing P/E Ratio: 12.61
  • Forward P/E Ratio: 12.85
  • P/E Growth: 1.06
Sales & Book Value:
  • Annual Sales: $3.55003 billion
  • Price / Sales: 0.80
  • Cash Flow: $0.53 per share
  • Price / Cash: 44.56
  • Book Value: $18.09 per share
  • Price / Book: 1.31
Profitability:
  • Trailing EPS: $0.62
  • Net Income: $52.61 million
  • Net Margins: 2.41%
  • Return on Equity: 4.18%
  • Return on Assets: 2.21%
Misc:
  • Employees: 1,800
  • Outstanding Shares: 119,560,000
 

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 will Taylor Morrison Home Corporation's stock buyback program work?

Taylor Morrison Home Corporation declared that its board has approved a stock repurchase program on Wednesday, November 15th 2017, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

How were Taylor Morrison Home Corporation's earnings last quarter?

Taylor Morrison Home Corporation (NYSE:TMHC) released its quarterly earnings results on Wednesday, November, 1st. The construction company reported $0.45 EPS for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.04. The construction company had revenue of $908 million for the quarter, compared to analysts' expectations of $914.19 million. Taylor Morrison Home Corporation had a return on equity of 4.18% and a net margin of 2.41%. The company's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.49 earnings per share. View Taylor Morrison Home Corporation's Earnings History.

When will Taylor Morrison Home Corporation make its next earnings announcement?

Taylor Morrison Home Corporation is scheduled to release their next quarterly earnings announcement on Monday, January, 29th 2018. View Earnings Estimates for Taylor Morrison Home Corporation.

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 targets for Taylor Morrison Home Corporation's stock. Their predictions range from $21.00 to $27.00. On average, they expect Taylor Morrison Home Corporation's share 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 trading volume of 962,993 shares, the days-to-cover ratio is presently 1.6 days. Approximately 2.2% of the shares of the company are sold short.

Who are some of Taylor Morrison Home Corporation's key competitors?

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 purchased 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 $23.65.

How big of a company is Taylor Morrison Home Corporation?

Taylor Morrison Home Corporation has a market capitalization of $2.8 billion and generates $3.55003 billion in revenue each year. The construction company earns $52.61 million in net income (profit) each year or $0.62 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 Rd Ste 2000, SCOTTSDALE, AZ 85251-7656, United States. The construction company can be reached via phone at +1-480-8408100 or via email at [email protected]


MarketBeat Community Rating for Taylor Morrison Home Corporation (NYSE TMHC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  372
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.

Analyst Ratings

Analysts' Consensus Rating for Taylor Morrison Home Corporation (NYSE:TMHC)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 4 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $23.25 (1.69% downside)

Consensus Price Target History for Taylor Morrison Home Corporation (NYSE:TMHC)

Price Target History for Taylor Morrison Home Corporation (NYSE:TMHC)

Analysts' Ratings History for Taylor Morrison Home Corporation (NYSE:TMHC)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/2/2017B. RileyReiterated RatingNeutralN/AView Rating Details
8/7/2017Deutsche Bank AGBoost Price TargetBuy$25.00 -> $27.00LowView Rating Details
4/28/2017FBR & CoBoost Price TargetMkt Perform$21.00 -> $23.00LowView Rating Details
3/7/2017Barclays PLCReiterated RatingEqual Weight$21.00 -> $22.00N/AView Rating Details
2/7/2017BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
12/8/2016GabelliDowngradeBuy -> Hold$21.00N/AView Rating Details
9/29/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
9/20/2016WedbushInitiated CoverageNeutral$18.00N/AView Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetNeutral$16.50 -> $17.00N/AView Rating Details
8/4/2016Citigroup Inc.Boost Price TargetNeutral$15.50 -> $17.00N/AView Rating Details
8/4/2016Susquehanna Bancshares IncDowngradePositive -> NeutralN/AView Rating Details
7/12/2016Credit Suisse GroupReiterated RatingBuyN/AView Rating Details
(Data available from 11/20/2015 forward)

Earnings

Earnings History and Estimates Chart for Taylor Morrison Home Corporation (NYSE:TMHC)

Earnings by Quarter for Taylor Morrison Home Corporation (NYSE:TMHC)

Earnings History by Quarter for Taylor Morrison Home Corporation (NYSE TMHC)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/29/2018N/AView Earnings Details
11/1/2017Q3 2017$0.41$0.45$914.19 million$908.00 millionViewN/AView Earnings Details
8/2/2017Q2 2017$0.38$0.46$849.70 million$908.49 millionViewListenView Earnings Details
4/27/2017Q1 2017$0.28$0.30$742.08 million$769.09 millionViewN/AView Earnings Details
1/31/2017Q416$0.59$0.65$1.08 billion$1.20 billionViewListenView Earnings Details
11/2/2016Q316$0.46$0.49$862.21 million$853.00 millionViewListenView Earnings Details
8/3/2016Q216$0.33$0.37$793.63 million$854.30 millionViewListenView Earnings Details
5/4/2016Q116$0.22$0.21$605.58 million$645.30 millionViewListenView Earnings Details
2/3/2016Q415$0.54$0.54$984.99 million$970.00 millionViewListenView Earnings Details
11/4/2015Q315$0.40$0.37$812.19 million$796.00 millionViewListenView Earnings Details
8/5/2015Q215$0.31$0.33$660.08 million$701.00 millionViewListenView Earnings Details
5/6/2015Q115$0.27$0.33$531.17 million$509.00 millionViewListenView Earnings Details
2/4/2015Q414$0.75$0.84$1.09 billion$1,000.00 millionViewListenView Earnings Details
11/5/2014Q314$0.50$0.54$754.80 million$759.00 millionViewListenView Earnings Details
8/5/2014Q214$0.36$0.45$610.37 million$657.80 millionViewListenView Earnings Details
5/7/2014Q114$0.27$0.33$512.60 million$519.20 millionViewListenView Earnings Details
2/12/2014Q413$0.53$0.79$714.68 million$798.40 millionViewListenView Earnings Details
11/12/2013Q313$0.39$0.43$583.66 million$634.44 millionViewListenView Earnings Details
8/13/2013Q2 2013($0.26)$0.16$493.40 million$508.87 millionViewListenView Earnings Details
5/14/2013Q1 2013$0.09$0.03$378.57 million$381.51 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

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

Dividends

Dividend History for Taylor Morrison Home Corporation (NYSE:TMHC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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)
Institutional Ownership by Quarter for Taylor Morrison Home Corporation (NYSE:TMHC)

Insider Trades by Quarter for Taylor Morrison Home Corporation (NYSE TMHC)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/1/2017C. David ConeInsiderSell35,000$23.79$832,650.00View SEC Filing  
10/5/2017C. David ConeInsiderSell20,000$22.83$456,600.00View SEC Filing  
2/19/2016Group Holdings (Sbs) Advis TpgMajor ShareholderBuy332,332$13.18$4,380,135.76View SEC Filing  
2/16/2016Group Holdings (Sbs) Advis TpgMajor ShareholderBuy527,400$11.92$6,286,608.00View SEC Filing  
2/10/2016Group Holdings (Sbs) Advis TpgMajor ShareholderBuy640,000$11.58$7,411,200.00View SEC Filing  
2/9/2016C. David ConeCFOBuy2,200$11.31$24,882.00View SEC Filing  
2/9/2016Joseph TerraccianoCAOBuy51$11.75$599.25View SEC Filing  
2/8/2016Anne L MariucciDirectorBuy8,925$11.28$100,674.00View SEC Filing  
2/8/2016Sheryl PalmerCEOBuy7,500$11.35$85,125.00View SEC Filing  
8/8/2014C. David ConeCFOBuy5,600$17.91$100,296.00View SEC Filing  
8/19/2013Tawn KelleyInsiderBuy1,220$20.50$25,010.00View SEC Filing  
8/16/2013Sheryl PalmerCEOBuy5,000$20.50$102,500.00View SEC Filing  
6/6/2013Louis SteffensInsiderBuy4,000$23.51$94,040.00View SEC Filing  
5/17/2013Sheryl PalmerCEOBuy2,000$25.57$51,140.00View SEC Filing  
4/29/2013Tawn KelleyInsiderBuy2,100$26.18$54,978.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Taylor Morrison Home Corporation (NYSE TMHC)

Source:
DateHeadline
Financial Contrast: Taylor Morrison Home Corporation (TMHC) and Its CompetitorsFinancial Contrast: Taylor Morrison Home Corporation (TMHC) and Its Competitors
www.americanbankingnews.com - November 20 at 3:08 AM
Taylor Morrison Home Corporation (TMHC) and LGI Homes (LGIH) Head-To-Head ComparisonTaylor Morrison Home Corporation (TMHC) and LGI Homes (LGIH) Head-To-Head Comparison
www.americanbankingnews.com - November 17 at 3:32 PM
Home is Where the Shag Carpet is? Outdated Design Styles Linger as Dining Rooms EvolveHome is Where the Shag Carpet is? Outdated Design Styles Linger as Dining Rooms Evolve
finance.yahoo.com - November 16 at 8:55 AM
Taylor Morrison Home Corporation (TMHC) Short Interest UpdateTaylor Morrison Home Corporation (TMHC) Short Interest Update
www.americanbankingnews.com - November 16 at 1:34 AM
Taylor Morrison Home Corporation (TMHC) to Repurchase $50.00 million in  Outstanding Stock Taylor Morrison Home Corporation (TMHC) to Repurchase $50.00 million in Outstanding Stock
www.americanbankingnews.com - November 15 at 1:40 PM
Taylor Morrison Home Corporation (TMHC) to Repurchase $50.00 million in  Outstanding SharesTaylor Morrison Home Corporation (TMHC) to Repurchase $50.00 million in Outstanding Shares
www.americanbankingnews.com - November 15 at 1:40 PM
Stock Repurchase Plan Authorized by Taylor Morrison Home Corporation (TMHC) Board of Directors Stock Repurchase Plan Authorized by Taylor Morrison Home Corporation (TMHC) Board of Directors
www.americanbankingnews.com - November 15 at 1:40 PM
Stock Buyback Plan Announced by Taylor Morrison Home Corporation (TMHC) Stock Buyback Plan Announced by Taylor Morrison Home Corporation (TMHC)
www.americanbankingnews.com - November 15 at 1:38 PM
Form S-3ASR Taylor Morrison HomeForm S-3ASR Taylor Morrison Home
www.streetinsider.com - March 22 at 8:12 PM
BRIEF-Taylor Morrison Home Corp announces pricing of public offeringBRIEF-Taylor Morrison Home Corp announces pricing of public offering
www.reuters.com - March 22 at 8:12 PM
7:04 am Taylor Morrison Home commences an underwritten public offering of 10,000,000 shares of its Class A common stock7:04 am Taylor Morrison Home commences an underwritten public offering of 10,000,000 shares of its Class A common stock
us.rd.yahoo.com - March 22 at 8:12 PM
TAYLOR MORRISON HOME CORP Files SEC form 8-K, Other Events, Financial Statements and ExhibitsTAYLOR MORRISON HOME CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
us.rd.yahoo.com - March 22 at 8:12 PM
Taylor Morrison Home Corporation Announces Pricing of Public Offering of Class A Common StockTaylor Morrison Home Corporation Announces Pricing of Public Offering of Class A Common Stock
us.rd.yahoo.com - March 22 at 8:12 PM
Homebuilders: Toll Brothers stock pops on earnings; Taylor Morrison goes urban, Pulte heads east - Phoenix Business JournalHomebuilders: Toll Brothers stock pops on earnings; Taylor Morrison goes urban, Pulte heads east - Phoenix Business Journal
www.bizjournals.com - February 22 at 9:00 PM
Ten stocks on the move as Dow, S&P 500 open down, investors wait for Fed minutesTen stocks on the move as Dow, S&P 500 open down, investors wait for Fed minutes
www.bizjournals.com - February 22 at 10:22 AM
Taylor Morrison Home Corp Earnings Call scheduled for 4:30 pm ET todayTaylor Morrison Home Corp Earnings Call scheduled for 4:30 pm ET today
biz.yahoo.com - February 8 at 8:01 AM
Taylor Morrison Reports Fourth Quarter Revenue of $1.2 Billion and Earnings per Share of $0.63Taylor Morrison Reports Fourth Quarter Revenue of $1.2 Billion and Earnings per Share of $0.63
us.rd.yahoo.com - February 1 at 6:58 AM
Taylor Morrison Fourth Quarter 2016 Earnings Conference Call and Webcast Re-Scheduled to Feb 8thTaylor Morrison Fourth Quarter 2016 Earnings Conference Call and Webcast Re-Scheduled to Feb 8th
us.rd.yahoo.com - February 1 at 6:58 AM
BRIEF-Taylor Morrison Home announces public offering of Class A common stockBRIEF-Taylor Morrison Home announces public offering of Class A common stock
www.reuters.com - January 31 at 4:10 AM
Mill at Broadway gets national notice in three categoriesMill at Broadway gets national notice in three categories
www.bizjournals.com - January 20 at 7:11 AM
Coverage initiated on Taylor Morrison Home by BarclaysCoverage initiated on Taylor Morrison Home by Barclays
us.rd.yahoo.com - January 7 at 6:03 AM
Taylor Morrison Home Corp Earnings Call (Q3 2016)Taylor Morrison Home Corp Earnings Call (Q3 2016)
biz.yahoo.com - November 2 at 11:38 AM
Taylor Morrison Home Corp Earnings Call scheduled for 8:30 am ET todayTaylor Morrison Home Corp Earnings Call scheduled for 8:30 am ET today
biz.yahoo.com - November 2 at 11:38 AM

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Financials

Chart

Taylor Morrison Home Corporation (NYSE TMHC) Chart for Monday, November, 20, 2017
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This page was last updated on 11/20/2017 by MarketBeat.com Staff

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