Analysts Estimate Report : What to Look Out for Taylor Morrison Home (NYSE:TMHC)

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Earnings results for Taylor Morrison Home (NYSE:TMHC)

Taylor Morrison Home Corporation is expected* to report earnings on 04/29/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.76. The reported EPS for the same quarter last year was $0.57.

Taylor Morrison Home last posted its quarterly earnings results on February 9th, 2021. The construction company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.10. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.49 billion. Its revenue was up 6.2% compared to the same quarter last year. Taylor Morrison Home has generated $2.98 earnings per share over the last year and currently has a price-to-earnings ratio of 20.2. Taylor Morrison Home has confirmed that its next quarterly earnings report will be published on Thursday, April 29th, 2021.

Analyst Opinion on Taylor Morrison Home (NYSE:TMHC)

11 Wall Street analysts have issued ratings and price targets for Taylor Morrison Home in the last 12 months. Their average twelve-month price target is $36.11, predicting that the stock has a possible upside of 10.09%. The high price target for TMHC is $43.00 and the low price target for TMHC is $27.00. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Taylor Morrison Home has received a consensus rating of Buy. The company’s average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $36.11, Taylor Morrison Home has a forecasted upside of 10.1% from its current price of $32.80. Taylor Morrison Home has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Taylor Morrison Home (NYSE:TMHC)

Taylor Morrison Home does not currently pay a dividend. Taylor Morrison Home does not have a long track record of dividend growth.

Insiders buying/selling: Taylor Morrison Home (NYSE:TMHC)

In the past three months, Taylor Morrison Home insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,804,174.00 in company stock. Only 1.90% of the stock of Taylor Morrison Home is held by insiders. 92.49% of the stock of Taylor Morrison Home is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Taylor Morrison Home (NYSE:TMHC

Earnings for Taylor Morrison Home are expected to grow by 33.44% in the coming year, from $3.11 to $4.15 per share. The P/E ratio of Taylor Morrison Home is 20.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.88. The P/E ratio of Taylor Morrison Home is 20.25, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 32.21. Taylor Morrison Home has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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