Taylor Morrison Home (NYSE:TMHC – Get Free Report) will be releasing its earnings data before the market opens on Wednesday, October 23rd. Analysts expect Taylor Morrison Home to post earnings of $2.06 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Taylor Morrison Home (NYSE:TMHC – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The construction company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.06. Taylor Morrison Home had a return on equity of 14.99% and a net margin of 9.92%. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.87 billion. On average, analysts expect Taylor Morrison Home to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Taylor Morrison Home Stock Up 1.5 %
Shares of NYSE:TMHC opened at $70.97 on Monday. The company has a quick ratio of 0.67, a current ratio of 6.01 and a debt-to-equity ratio of 0.39. Taylor Morrison Home has a 52-week low of $37.23 and a 52-week high of $71.95. The stock’s fifty day simple moving average is $66.93 and its 200-day simple moving average is $61.39. The company has a market capitalization of $7.40 billion, a P/E ratio of 10.55 and a beta of 1.96.
Insider Buying and Selling at Taylor Morrison Home
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on TMHC shares. Barclays increased their target price on Taylor Morrison Home from $62.00 to $72.00 and gave the company an “equal weight” rating in a research note on Thursday, July 25th. Zelman & Associates raised Taylor Morrison Home from a “neutral” rating to an “outperform” rating in a report on Monday, August 12th. Wedbush reissued a “neutral” rating and issued a $65.00 price target (up previously from $61.00) on shares of Taylor Morrison Home in a report on Wednesday, July 24th. Raymond James started coverage on Taylor Morrison Home in a research report on Wednesday, July 24th. They issued an “outperform” rating and a $75.00 target price for the company. Finally, BTIG Research upgraded Taylor Morrison Home from a “neutral” rating to a “buy” rating and set a $78.00 target price for the company in a research report on Monday, August 19th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Taylor Morrison Home has an average rating of “Moderate Buy” and an average target price of $70.17.
Read Our Latest Stock Analysis on Taylor Morrison Home
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.
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