Taylor Morrison Home Corp (NASDAQ:TMHC) has earned a consensus rating of “Hold” from the eleven research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $22.20.

Several brokerages have recently weighed in on TMHC. BidaskClub lowered shares of Taylor Morrison Home Corp from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. ValuEngine upgraded shares of Taylor Morrison Home Corp from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Deutsche Bank AG upped their price objective on shares of Taylor Morrison Home Corp from $25.00 to $27.00 and gave the company a “buy” rating in a report on Monday, August 7th. Zacks Investment Research upgraded shares of Taylor Morrison Home Corp from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Tuesday, July 4th. Finally, FBR & Co upped their price objective on shares of Taylor Morrison Home Corp from $21.00 to $23.00 and gave the company a “mkt perform” rating in a report on Friday, April 28th.

Taylor Morrison Home Corp (NASDAQ:TMHC) opened at 20.86 on Friday. The stock has a market cap of $1.51 billion and a P/E ratio of 12.56. Taylor Morrison Home Corp has a one year low of $15.82 and a one year high of $24.79. The stock’s 50 day moving average price is $22.85 and its 200-day moving average price is $22.28.

Taylor Morrison Home Corp (NASDAQ:TMHC) last released its earnings results on Wednesday, August 2nd. The construction company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.08. The business had revenue of $908.49 million for the quarter, compared to analyst estimates of $849.70 million. Taylor Morrison Home Corp had a net margin of 6.16% and a return on equity of 9.57%. Taylor Morrison Home Corp’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 earnings per share. On average, analysts predict that Taylor Morrison Home Corp will post $1.94 earnings per share for the current year.

A number of large investors have recently modified their holdings of TMHC. Ameritas Investment Partners Inc. increased its stake in shares of Taylor Morrison Home Corp by 62.3% in the second quarter. Ameritas Investment Partners Inc. now owns 5,369 shares of the construction company’s stock worth $129,000 after buying an additional 2,060 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Taylor Morrison Home Corp by 34.2% in the first quarter. Victory Capital Management Inc. now owns 6,315 shares of the construction company’s stock worth $135,000 after buying an additional 1,608 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Taylor Morrison Home Corp by 20.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,409 shares of the construction company’s stock worth $154,000 after buying an additional 1,110 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in shares of Taylor Morrison Home Corp by 52.9% in the second quarter. Great West Life Assurance Co. Can now owns 6,882 shares of the construction company’s stock worth $165,000 after buying an additional 2,382 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of Taylor Morrison Home Corp by 4.7% in the first quarter. UBS Group AG now owns 6,909 shares of the construction company’s stock worth $147,000 after buying an additional 307 shares during the last quarter.

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Taylor Morrison Home Corp Company Profile

Taylor Morrison Home Corporation is a homebuilder, which designs, builds and sells single-family detached and attached homes. The Company is also a land developer, with a portfolio of lifestyle and master-planned communities. Its segments include East, which includes Atlanta, Charlotte, North Florida, Raleigh, Southwest Florida and Tampa; Central, which includes Austin, Dallas, and Houston (each of the Dallas and Houston markets include both a Taylor Morrison division and a Darling Homes division); West, which includes Bay Area, Chicago, Denver, Phoenix, Sacramento and Southern California, and Mortgage Operations, which includes Taylor Morrison Home Funding, LLC (TMHF) and Inspired Title Services, LLC (Inspired Title).

Analyst Recommendations for Taylor Morrison Home Corp (NASDAQ:TMHC)

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