Seaport Res Ptn Weighs in on TMHC FY2025 Earnings

Taylor Morrison Home Corporation (NYSE:TMHC) – Investment analysts at Seaport Res Ptn issued their FY2025 EPS estimates for Taylor Morrison Home in a report issued on Wednesday, October 22nd. Seaport Res Ptn analyst K. Zener forecasts that the construction company will post earnings per share of $8.23 for the year. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Taylor Morrison Home’s current full-year earnings is $8.93 per share.

Taylor Morrison Home (NYSE:TMHC) last issued its earnings results on Wednesday, October 22nd. The construction company reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $0.18. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.03 billion. Taylor Morrison Home had a net margin of 10.16% and a return on equity of 15.23%. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the company posted $2.40 earnings per share.

Other equities analysts have also issued reports about the stock. Royal Bank Of Canada reduced their target price on shares of Taylor Morrison Home from $75.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, October 23rd. Bank of America cut their price objective on shares of Taylor Morrison Home from $75.00 to $72.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Wedbush reissued an “outperform” rating and set a $85.00 price objective on shares of Taylor Morrison Home in a report on Thursday, October 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Taylor Morrison Home in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $76.38.

Taylor Morrison Home Stock Performance

Shares of NYSE:TMHC opened at $59.90 on Monday. The firm has a market cap of $6.01 billion, a PE ratio of 7.22 and a beta of 1.61. The firm’s 50 day simple moving average is $66.04 and its 200-day simple moving average is $62.26. Taylor Morrison Home has a one year low of $51.90 and a one year high of $75.49. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 7.02.

Insider Transactions at Taylor Morrison Home

In other news, CFO Curtis Vanhyfte sold 5,082 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $69.97, for a total transaction of $355,587.54. Following the completion of the sale, the chief financial officer owned 11,742 shares of the company’s stock, valued at $821,587.74. The trade was a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sheryl Palmer sold 13,513 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $72.06, for a total transaction of $973,746.78. Following the sale, the chief executive officer directly owned 370,475 shares of the company’s stock, valued at $26,696,428.50. This represents a 3.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 67,351 shares of company stock valued at $4,700,630 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On Taylor Morrison Home

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in Taylor Morrison Home by 193.0% during the first quarter. GAMMA Investing LLC now owns 674 shares of the construction company’s stock worth $40,000 after acquiring an additional 444 shares during the last quarter. KBC Group NV boosted its position in Taylor Morrison Home by 16.7% during the first quarter. KBC Group NV now owns 4,987 shares of the construction company’s stock worth $299,000 after acquiring an additional 714 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in Taylor Morrison Home during the first quarter worth about $243,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Taylor Morrison Home by 10.8% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,200 shares of the construction company’s stock valued at $552,000 after purchasing an additional 900 shares during the last quarter. Finally, Cerity Partners LLC boosted its holdings in Taylor Morrison Home by 15.6% in the 1st quarter. Cerity Partners LLC now owns 24,507 shares of the construction company’s stock valued at $1,471,000 after purchasing an additional 3,311 shares during the last quarter. 95.16% of the stock is currently owned by institutional investors and hedge funds.

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.