Taylor Morrison Home Co. (NYSE:TMHC – Get Free Report) Director William H. Lyon sold 1,741 shares of Taylor Morrison Home stock in a transaction on Monday, July 29th. The shares were sold at an average price of $68.03, for a total value of $118,440.23. Following the completion of the transaction, the director now owns 2,195,316 shares in the company, valued at approximately $149,347,347.48. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Taylor Morrison Home Trading Up 0.7 %
TMHC traded up $0.48 during midday trading on Monday, hitting $67.77. 672,461 shares of the company were exchanged, compared to its average volume of 783,100. The firm has a market capitalization of $7.17 billion, a P/E ratio of 9.70 and a beta of 1.95. Taylor Morrison Home Co. has a 1-year low of $37.23 and a 1-year high of $68.92. The firm’s 50 day moving average price is $57.92 and its 200-day moving average price is $56.93. 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 (NYSE:TMHC – Get Free Report) last announced its earnings results on Tuesday, April 30th. The construction company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.57 by $0.18. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. Taylor Morrison Home had a return on equity of 14.99% and a net margin of 9.92%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.74 EPS. As a group, equities analysts forecast that Taylor Morrison Home Co. will post 7.64 EPS for the current fiscal year.
Institutional Investors Weigh In On Taylor Morrison Home
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Barclays lifted their price target on Taylor Morrison Home from $62.00 to $72.00 and gave the company an “equal weight” rating in a research note on Thursday. Royal Bank of Canada boosted their price objective on Taylor Morrison Home from $63.00 to $74.00 and gave the stock an “outperform” rating in a research report on Thursday. Wedbush restated a “neutral” rating and set a $65.00 price objective (up previously from $61.00) on shares of Taylor Morrison Home in a research report on Wednesday, July 24th. Raymond James assumed coverage on Taylor Morrison Home in a research report on Wednesday, July 24th. They set an “outperform” rating and a $75.00 price objective on the stock. Finally, StockNews.com lowered Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Taylor Morrison Home currently has an average rating of “Hold” and a consensus price target of $68.60.
Get Our Latest Research Report on Taylor Morrison Home
About Taylor Morrison Home
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.
Read More
- Five stocks we like better than Taylor Morrison Home
- What to Know About Investing in Penny Stocks
- Survey: Top 175 Fittest Retirement Locations in America
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for Taylor Morrison Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home and related companies with MarketBeat.com's FREE daily email newsletter.