Media stories about Taylor Morrison Home Corp (NASDAQ:TMHC) have trended somewhat positive on Thursday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Taylor Morrison Home Corp earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 46.1768015088204 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- BidaskClub Lowers Taylor Morrison Home Corp (TMHC) to Strong Sell (americanbankingnews.com)
- Taylor Morrison Home Breaks Below 200-Day Moving Average - Notable for TMHC (nasdaq.com)
- Taylor Morrison Home Corp (TMHC) and PulteGroup (PHM) Head-To-Head Survey (americanbankingnews.com)
- Zacks: Analysts Expect Taylor Morrison Home Corp (TMHC) Will Announce Quarterly Sales of $957.10 Million (americanbankingnews.com)
Shares of Taylor Morrison Home Corp (NASDAQ:TMHC) traded up 0.43% during mid-day trading on Thursday, reaching $21.00. The company’s stock had a trading volume of 89,282 shares. The firm has a market capitalization of $1.52 billion and a P/E ratio of 12.64. Taylor Morrison Home Corp has a 12 month low of $15.82 and a 12 month high of $24.79. The company has a 50 day moving average of $23.02 and a 200-day moving average of $22.28.
Taylor Morrison Home Corp (NASDAQ:TMHC) last announced its quarterly earnings data on Wednesday, August 2nd. The construction company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.08. The business had revenue of $908.49 million for the quarter, compared to analysts’ expectations of $849.70 million. Taylor Morrison Home Corp had a net margin of 6.16% and a return on equity of 9.57%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.37 earnings per share. Equities research analysts forecast that Taylor Morrison Home Corp will post $1.94 EPS for the current year.
TMHC has been the topic of several recent research reports. Zacks Investment Research raised Taylor Morrison Home Corp from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a report on Wednesday, April 26th. BidaskClub downgraded Taylor Morrison Home Corp from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. FBR & Co lifted their target price on Taylor Morrison Home Corp from $21.00 to $23.00 and gave the company a “mkt perform” rating in a research note on Friday, April 28th. ValuEngine raised Taylor Morrison Home Corp from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Finally, Deutsche Bank AG lifted their target price on Taylor Morrison Home Corp from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, August 7th. One analyst has rated the stock with a sell rating, six have given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $23.00.
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About Taylor Morrison Home Corp
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).
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