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 also develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties; offers title insurance and closing settlement services, as well as financial services. In addition, the company operates under the Taylor Morrison, William Lyon Signature, and Darling Homes brand names in Arizona, California, Colorado, Florida, Georgia, Nevada, North and South Carolina, Oregon, Texas, and Washington. Taylor Morrison Home Corporation was founded in 1936 and is headquartered in Scottsdale, Arizona.
IPO Year: 2013
Exchange: NYSE
Website: taylormorrison.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/25/2024 | $85.00 | Neutral → Outperform | Wedbush |
8/19/2024 | $78.00 | Neutral → Buy | BTIG Research |
7/24/2024 | $75.00 | Outperform | Raymond James |
1/22/2024 | Buy → Neutral | Seaport Research Partners | |
1/12/2024 | $43.00 → $57.00 | Sector Perform → Outperform | RBC Capital Mkts |
12/18/2023 | $52.00 | Outperform → Neutral | Wedbush |
12/8/2023 | $50.00 → $57.00 | Hold → Buy | Deutsche Bank |
11/2/2023 | $50.00 | Neutral → Buy | Seaport Research Partners |
6/14/2023 | Neutral | Seaport Research Partners | |
6/1/2023 | $50.00 | Hold | Deutsche Bank |
Fletcher Previn strengthens homebuilder's board with data security experience while company appoints second cohort of board fellows SCOTTSDALE, Ariz., Nov. 12, 2024 /PRNewswire/ -- Taylor Morrison (NYSE:TMHC), a national homebuilder and land developer, has appointed Fletcher Previn to its Board of Directors effective Dec. 1. Additionally, William H. Lyon, who joined the board upon the Company's acquisition of William Lyon Homes in 2020, is retiring at the end of November. "Mr. Lyon's impact on our company's growth trajectory and evolution followed by his continued dedication
National homebuilder recognized for advancements in managing its sustainability footprint SCOTTSDALE, Ariz., Oct. 28, 2024 /PRNewswire/ -- For the second consecutive year, America's Most Trusted® Home Builder Taylor Morrison (NYSE:TMHC) has been recognized for its sustainability efforts with inclusion on Newsweek's 2025 America's Greenest Companies list. The list highlights U.S. companies focused on reducing their environmental impact in areas such as greenhouse gas emissions, water management and waste reduction. Taylor Morrison scored four stars out of a five-star rating and
SCOTTSDALE, Ariz., Oct. 23, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), a leading national land developer and homebuilder, announced results for the third quarter ended September 30, 2024. Reported third quarter net income was $251 million, or $2.37 per diluted share, as compared to $171 million, or $1.54 per diluted share, in the prior-year quarter. Third quarter 2024 highlights included the following, as compared to the third quarter of 2023: Diluted EPS increased 54% to $2.37Net sales orders increased 9% to 2,830Home closings revenue of $2.0 billion,
SCOTTSDALE, Ariz., Sept. 25, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC) ("Taylor Morrison"), a leading national developer and homebuilder, announced today that it will release its third quarter 2024 results before the market opens on Wednesday, October 23, 2024. Taylor Morrison will hold a conference call to discuss its results the same day at 8:30 a.m. ET. A live audio webcast of the conference call will be available on Taylor Morrison's website at www.taylormorrison.com on the Investor Relations portion of the site under the Events & Presentations tab.
National homebuilder's latest report provides greater transparency into company operations SCOTTSDALE, Ariz., July 31, 2024 /PRNewswire/ -- America's Most Trusted® Home Builder Taylor Morrison today published its sixth annual report on corporate sustainability, now called the Sustainability and Belonging Report, highlighting the company's commitment to corporate responsibility through sustainable business practices, an inclusive culture and work environment, and operational transparency for all stakeholders. As Taylor Morrison expands upon its reporting each year, this latest report provides greater insight and transparency into how the homebuilder is driving meaningful change and further
SCOTTSDALE, Ariz., July 24, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), a leading national land developer and homebuilder, announced results for the second quarter ended June 30, 2024. Reported second quarter net income was $199 million, or $1.86 per diluted share, while adjusted second quarter net income was $211 million, or $1.97 per diluted share. Second quarter 2024 highlights included the following, as compared to the second quarter of 2023: Net sales orders increased 3% to 3,111, driven by a monthly absorption pace of 3.0 per communityHome closing
SCOTTSDALE, Ariz., June 26, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC) ("Taylor Morrison"), a leading national developer and homebuilder, announced today that it will release its second quarter 2024 results before the market opens on Wednesday, July 24, 2024. Taylor Morrison will hold a conference call to discuss its results the same day at 8:30 a.m. ET. A live audio webcast of the conference call will be available on Taylor Morrison's website at www.taylormorrison.com on the Investor Relations portion of the site under the Events & Presentations tab. Fo
National homebuilder celebrates being a best place to work across three categories SCOTTSDALE, Ariz., June 24, 2024 /PRNewswire/ -- For the second year in a row, America's Most Trusted® Home Builder Taylor Morrison has been recognized in the Best Companies To Work For list by U.S. News & World Report, the global authority in rankings and consumer advice. Taylor Morrison was celebrated among top companies in the Overall Best, Real Estate and West Region categories on factors contributing to job seekers' decision-making when choosing a workplace that best meets their needs. Tayl
Homebuilding executive aims for growth, with plans for eight new Atlanta communities in 2024 ATLANTA, May 14, 2024 /PRNewswire/ -- America's Most Trusted® Home Builder Taylor Morrison (NYSE:TMHC) has named Jaime Pou as president of its Atlanta division. Pou brings over 20 years of experience in the homebuilding, finance and investment banking industries to his new role. "We couldn't be more thrilled to have Jaime step into this role at such a pivotal time for our Atlanta division and continue the growth trajectory the local team has built," said Area President Steve Kempton. "
SCOTTSDALE, Ariz., April 30, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), a leading national land developer and homebuilder, announced results for the first quarter ended March 31, 2024. Reported net income in the first quarter was $190 million, or $1.75 per diluted share, as compared to $191 million, or $1.74 per diluted share, in the first quarter of 2023. First quarter 2024 highlights included the following, as compared to the first quarter of 2023: Net sales orders increased 29% to 3,686, driven by a monthly absorption pace of 3.7 per community versu
SCOTTSDALE, Ariz., Oct. 23, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), a leading national land developer and homebuilder, announced results for the third quarter ended September 30, 2024. Reported third quarter net income was $251 million, or $2.37 per diluted share, as compared to $171 million, or $1.54 per diluted share, in the prior-year quarter. Third quarter 2024 highlights included the following, as compared to the third quarter of 2023: Diluted EPS increased 54% to $2.37Net sales orders increased 9% to 2,830Home closings revenue of $2.0 billion,
SCOTTSDALE, Ariz., Sept. 25, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC) ("Taylor Morrison"), a leading national developer and homebuilder, announced today that it will release its third quarter 2024 results before the market opens on Wednesday, October 23, 2024. Taylor Morrison will hold a conference call to discuss its results the same day at 8:30 a.m. ET. A live audio webcast of the conference call will be available on Taylor Morrison's website at www.taylormorrison.com on the Investor Relations portion of the site under the Events & Presentations tab.
SCOTTSDALE, Ariz., July 24, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), a leading national land developer and homebuilder, announced results for the second quarter ended June 30, 2024. Reported second quarter net income was $199 million, or $1.86 per diluted share, while adjusted second quarter net income was $211 million, or $1.97 per diluted share. Second quarter 2024 highlights included the following, as compared to the second quarter of 2023: Net sales orders increased 3% to 3,111, driven by a monthly absorption pace of 3.0 per communityHome closing
SCOTTSDALE, Ariz., June 26, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC) ("Taylor Morrison"), a leading national developer and homebuilder, announced today that it will release its second quarter 2024 results before the market opens on Wednesday, July 24, 2024. Taylor Morrison will hold a conference call to discuss its results the same day at 8:30 a.m. ET. A live audio webcast of the conference call will be available on Taylor Morrison's website at www.taylormorrison.com on the Investor Relations portion of the site under the Events & Presentations tab. Fo
SCOTTSDALE, Ariz., April 30, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), a leading national land developer and homebuilder, announced results for the first quarter ended March 31, 2024. Reported net income in the first quarter was $190 million, or $1.75 per diluted share, as compared to $191 million, or $1.74 per diluted share, in the first quarter of 2023. First quarter 2024 highlights included the following, as compared to the first quarter of 2023: Net sales orders increased 29% to 3,686, driven by a monthly absorption pace of 3.7 per community versu
SCOTTSDALE, Ariz., April 2, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC) ("Taylor Morrison"), a leading national developer and homebuilder, announced today that it will release its first quarter 2024 results before the market opens on Tuesday, April 30, 2024. Taylor Morrison will hold a conference call to discuss its results the same day at 8:30 a.m. ET. A live audio webcast of the conference call will be available on Taylor Morrison's website at www.taylormorrison.com on the Investor Relations portion of the site under the Events & Presentations tab. For
SCOTTSDALE, Ariz., Feb. 14, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), a leading national land developer and homebuilder, announced results for the fourth quarter and year ended December 31, 2023. Reported net income in the fourth quarter was $173 million, or $1.58 per diluted share while adjusted net income was $223 million, or $2.05 per diluted share. For the full year 2023, reported net income was $769 million, or $6.98 per diluted share, while adjusted net income was $830 million, or $7.54 per diluted share. Fourth quarter 2023 highlights included t
SCOTTSDALE, Ariz., Jan. 17, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC) ("Taylor Morrison"), a leading national developer and homebuilder, announced today that it will release its fourth quarter 2023 results before the market opens on Wednesday, February 14, 2024. Taylor Morrison will hold a conference call to discuss its results the same day at 8:30 a.m. ET. A live audio webcast of the conference call will be available on Taylor Morrison's website at www.taylormorrison.com on the Investor Relations portion of the site under the Events & Presentations tab
Opened 39 New Systemwide Shops in Q3 2023 Record Revenue of $265 million, a 33% Increase Year-over-Year Updates 2023 Guidance, Increases Range for Adjusted EBITDA Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company"))), one of the fastest-growing brands in the food service and restaurant industry in the United States by location count, today reported financial results for the third quarter ended September 30, 2023. Joth Ricci, Chief Executive Officer of Dutch Bros, stated, "By all accounts, Q3 was a fantastic quarter, and we are extremely pleased with our unit openings, same shop sales, revenue, and profitability results. I am very proud of the team for their accomplishments, a
Organization claims No. 1 spot, recognized with award for seven consecutive years MAITLAND, Fla., Oct. 12, 2023 /PRNewswire/ -- For the seventh consecutive year, Taylor Morrison Home Funding (TMHF) was recognized as a Top Workplace by Orlando Sentinel, claiming the No. 1 spot for 2023 among midsize businesses. "Being distinguished as a Top Workplace brings me immeasurable pride and is a direct reflection of our people-first philosophy," said Taylor Morrison Home Funding President Tawn Kelley. "The significance of this honor lies in the special culture of family we've built and
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Wedbush analyst Jay McCanless maintains Taylor Morrison Home (NYSE:TMHC) with a Neutral and raises the price target from $61 to $65.
Raymond James analyst Buck Horne initiates coverage on Taylor Morrison Home (NYSE:TMHC) with a Outperform rating and announces Price Target of $75.
Taylor Morrison Home (NYSE:TMHC) reported quarterly earnings of $1.97 per share which beat the analyst consensus estimate of $1.90 by 3.68 percent. This is a 7.08 percent decrease over earnings of $2.12 per share from the same period last year. The company reported quarterly sales of $1.991 billion which beat the analyst consensus estimate of $1.839 billion by 8.24 percent. This is a 3.40 percent decrease over sales of $2.061 billion the same period last year.
Taylor Morrison Home (NYSE:TMHC) has outperformed the market over the past 10 years by 2.51% on an annualized basis producing an average annual return of 13.42%. Currently, Taylor Morrison Home has a market capitalization of $6.92 billion. Buying $1000 In TMHC: If an investor had bought $1000 of TMHC stock 10 years ago, it would be worth $3,488.97 today based on a price of $65.47 for TMHC at the time of writing. Taylor Morrison Home's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzing
Barclays analyst Matthew Bouley maintains Taylor Morrison Home (NYSE:TMHC) with a Equal-Weight and lowers the price target from $65 to $62.
Taylor Morrison Home (NYSE:TMHC) has outperformed the market over the past 5 years by 7.26% on an annualized basis producing an average annual return of 20.63%. Currently, Taylor Morrison Home has a market capitalization of $5.84 billion. Buying $1000 In TMHC: If an investor had bought $1000 of TMHC stock 5 years ago, it would be worth $2,580.45 today based on a price of $55.17 for TMHC at the time of writing. Taylor Morrison Home's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's
Fletcher Previn strengthens homebuilder's board with data security experience while company appoints second cohort of board fellows SCOTTSDALE, Ariz., Nov. 12, 2024 /PRNewswire/ -- Taylor Morrison (NYSE:TMHC), a national homebuilder and land developer, has appointed Fletcher Previn to its Board of Directors effective Dec. 1. Additionally, William H. Lyon, who joined the board upon the Company's acquisition of William Lyon Homes in 2020, is retiring at the end of November. "Mr. Lyon's impact on our company's growth trajectory and evolution followed by his continued dedication
National homebuilder earned its top score in corporate responsibility for second consecutive year SCOTTSDALE, Ariz., March 18, 2024 /PRNewswire/ -- For the second consecutive year, America's Most Trusted® Home Builder Taylor Morrison (NYSE:TMHC) is being recognized for its Environmental, Social and Governance (ESG) practices with inclusion on Newsweek's list of America's Most Responsible Companies. The national homebuilder and land developer earned its top score in corporate governance and saw its highest score increase in the environmental category. "As ESG principles become
Taylor Morrison's fifth annual Environmental, Social and Governance (ESG) Report provides more transparency than ever before SCOTTSDALE, Ariz., July 19, 2023 /PRNewswire/ -- As the call for businesses to operate with increased sustainability in all aspects of operations grows, national homebuilder and land developer Taylor Morrison (NYSE:TMHC) today published its latest, and most impactful, Environmental, Social and Governance (ESG) Report yet. Organized around three pillars—Building for the Future, People First, and Transparency and Accountability—the report encapsulates the Company's advanced ESG strategies and areas where it aspires to drive meaningful change in the years ahead.
National homebuilder recognized for corporate responsibility on list of 500 US companies SCOTTSDALE, Ariz., July 12, 2023 /PRNewswire/ -- America's Most Trusted® Home Builder by Lifestory Research, Taylor Morrison (NYSE:TMHC), has earned another accolade: a spot on Newsweek's 2023 America's Most Responsible Companies list. Taylor Morrison's debut onto the list of 500 U.S. companies was earned with top scores in corporate governance and social categories, which will be spotlighted in the release of the Company's fifth annual Environmental, Social and Governance (ESG) report later this month.
National homebuilder's program gives senior business leaders board experience to propel them onto future public board seats SCOTTSDALE, Ariz., Feb. 16, 2023 /PRNewswire/ -- Recognizing the importance of greater board diversity, national homebuilder and land developer Taylor Morrison (NYSE:TMHC) announced the creation of a first-of-its-kind board fellowship program. Designed to grant board training opportunities to under-represented diverse candidates, the fellowship begins with the appointment of two extremely talented diverse senior business leaders, Hannah Choi Granade and Michelle Sourie Robinson, who will participate in the Taylor Morrison board for a one-year term effective Feb. 15, 20
Three New Independent Directors Appointed as Part of Ongoing Board of Directors Refreshment Effort Rory Wallace Appointed as Part of Renewed Cooperation Agreement with Outerbridge Barnes & Noble Education, Inc. (NYSE:BNED), a leading solutions provider for the education industry, today announced that it has appointed three new independent directors, Mario Dell'Aera, Jr., Kathryn ("Kate") Eberle Walker and Denise Warren, to the Company's Board of Directors (the "Board"), effective immediately. The Company also appointed Rory Wallace, Chief Investment Officer of Outerbridge Capital Management, LLC ("Outerbridge"), to the Board as an independent director as part of its renewed cooperation ag
SCOTTSDALE, Ariz., Oct. 27, 2021 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE:TMHC), the nation's fifth largest homebuilder and developer, today announced that it has appointed Lou Steffens, its current President of Mergers and Acquisitions, as the Company's next Chief Financial Officer. Steffens, a dynamic leader with more than 30 years of homebuilding and financial experience, will succeed current Chief Financial Officer Dave Cone, who is set to retire at the end of 2021. Taylor Morrison Appoints Lou Steffens as Next Chief Financial Officer "Following an extensive
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Wedbush upgraded Taylor Morrison Home from Neutral to Outperform and set a new price target of $85.00
BTIG Research upgraded Taylor Morrison Home from Neutral to Buy and set a new price target of $78.00
Raymond James initiated coverage of Taylor Morrison Home with a rating of Outperform and set a new price target of $75.00
Seaport Research Partners downgraded Taylor Morrison Home from Buy to Neutral
RBC Capital Mkts upgraded Taylor Morrison Home from Sector Perform to Outperform and set a new price target of $57.00 from $43.00 previously
Wedbush downgraded Taylor Morrison Home from Outperform to Neutral and set a new price target of $52.00
Deutsche Bank upgraded Taylor Morrison Home from Hold to Buy and set a new price target of $57.00 from $50.00 previously
Seaport Research Partners upgraded Taylor Morrison Home from Neutral to Buy and set a new price target of $50.00
Seaport Research Partners initiated coverage of Taylor Morrison Home with a rating of Neutral
Deutsche Bank initiated coverage of Taylor Morrison Home with a rating of Hold and set a new price target of $50.00