Taylor Morrison Home Corp (NASDAQ:TMHC) – Analysts at Wedbush issued their Q3 2016 EPS estimates for Taylor Morrison Home Corp in a research note issued to investors on Monday. Wedbush analyst J. Mccanless anticipates that the firm will post earnings per share of $0.46 for the quarter. Wedbush currently has a “Neutral” rating and a $18.00 price target on the stock. Wedbush also issued estimates for Taylor Morrison Home Corp’s Q4 2016 earnings at $0.60 EPS, FY2016 earnings at $1.65 EPS, Q1 2017 earnings at $0.26 EPS, Q2 2017 earnings at $0.40 EPS, Q3 2017 earnings at $0.51 EPS, Q4 2017 earnings at $0.68 EPS and FY2017 earnings at $1.84 EPS.

Taylor Morrison Home Corp (NASDAQ:TMHC) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.04. The business earned $854.30 million during the quarter, compared to analyst estimates of $793.63 million. During the same period in the previous year, the business earned $0.33 earnings per share. The business’s quarterly revenue was up 21.9% on a year-over-year basis.

Several other research firms have also weighed in on TMHC. Deutsche Bank AG reissued a “hold” rating and issued a $26.00 price objective (up from $25.00) on shares of Taylor Morrison Home Corp in a research report on Friday, August 26th. Zacks Investment Research raised Taylor Morrison Home Corp from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Saturday, August 6th. JPMorgan Chase & Co. boosted their target price on Taylor Morrison Home Corp from $16.50 to $17.00 and gave the company a “neutral” rating in a research report on Friday, August 5th. TheStreet raised Taylor Morrison Home Corp from a “hold” rating to a “buy” rating in a research report on Thursday, August 18th. Finally, FBR & Co boosted their target price on Taylor Morrison Home Corp from $16.00 to $20.00 and gave the company an “outperform” rating in a research report on Thursday, August 4th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $19.29.

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Taylor Morrison Home Corp (NASDAQ:TMHC) traded up 3.90% during mid-day trading on Thursday, hitting $17.05. The stock had a trading volume of 204,589 shares. The firm’s 50-day moving average price is $17.19 and its 200-day moving average price is $15.47. The stock has a market cap of $517.52 million and a PE ratio of 11.41. Taylor Morrison Home Corp has a 1-year low of $10.33 and a 1-year high of $20.64.

Hedge funds have recently modified their holdings of the company. Capstone Investment Advisors LLC bought a new stake in shares of Taylor Morrison Home Corp during the second quarter worth approximately $153,000. Trexquant Investment LP bought a new stake in shares of Taylor Morrison Home Corp during the second quarter worth approximately $158,000. Gamco Investors INC. ET AL bought a new stake in shares of Taylor Morrison Home Corp during the second quarter worth approximately $169,000. Mutual of America Capital Management LLC raised its stake in shares of Taylor Morrison Home Corp by 24.4% in the second quarter. Mutual of America Capital Management LLC now owns 15,229 shares of the company’s stock worth $226,000 after buying an additional 2,986 shares in the last quarter. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Taylor Morrison Home Corp during the second quarter worth approximately $242,000.

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