Taylor Morrison Home Corp (NASDAQ:TMHC) has been assigned an average rating of “Hold” from the ten research firms that are currently covering the company. Seven analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $19.60.

A number of research firms recently weighed in on TMHC. TheStreet raised shares of Taylor Morrison Home Corp from a “hold” rating to a “buy” rating in a research note on Monday, November 14th. Wells Fargo & Co. began coverage on shares of Taylor Morrison Home Corp in a research note on Wednesday, September 28th. They set a “market perform” rating for the company. Wedbush reissued a “neutral” rating and set a $18.00 price target on shares of Taylor Morrison Home Corp in a research note on Monday, September 19th. Deutsche Bank AG reissued a “hold” rating and set a $26.00 price target (up from $25.00) on shares of Taylor Morrison Home Corp in a research note on Friday, August 26th. Finally, Zacks Investment Research downgraded shares of Taylor Morrison Home Corp from a “buy” rating to a “hold” rating in a research note on Thursday, August 11th.

Shares of Taylor Morrison Home Corp (NASDAQ:TMHC) opened at 19.67 on Thursday. The firm’s 50 day moving average is $17.54 and its 200-day moving average is $16.28. Taylor Morrison Home Corp has a 52 week low of $10.33 and a 52 week high of $19.77. The firm has a market cap of $598.26 million and a price-to-earnings ratio of 13.19.

Taylor Morrison Home Corp (NASDAQ:TMHC) last announced its earnings results on Wednesday, November 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.03. The company had revenue of $853 million for the quarter, compared to analyst estimates of $862.21 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. Taylor Morrison Home Corp’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts predict that Taylor Morrison Home Corp will post $1.66 EPS for the current year.

Large investors have recently modified their holdings of the stock. 1832 Asset Management L.P. purchased a new stake in shares of Taylor Morrison Home Corp during the third quarter valued at approximately $514,000. TPG Group Holdings SBS Advisors Inc. bought a new position in Taylor Morrison Home Corp during the third quarter valued at $26,395,000. D. E. Shaw & Co. Inc. boosted its position in Taylor Morrison Home Corp by 84.9% in the third quarter. D. E. Shaw & Co. Inc. now owns 107,593 shares of the company’s stock valued at $1,894,000 after buying an additional 49,403 shares during the period. The Manufacturers Life Insurance Company bought a new position in Taylor Morrison Home Corp during the third quarter valued at $413,000. Finally, Susquehanna International Group LLP bought a new position in Taylor Morrison Home Corp during the third quarter valued at $628,000.

Taylor Morrison Home Corp Company Profile

Taylor Morrison Home Corporation is a real estate development company, with a portfolio of lifestyle and master-planned communities. The Company is engaged in the business of residential homebuilding and the development of lifestyle communities with operations geographically focused in Arizona, California, Colorado, Florida, Texas and its acquired divisions in Georgia, Illinois and North Carolina.

5 Day Chart for NASDAQ:TMHC

Receive News & Stock Ratings for Taylor Morrison Home Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home Corp and related stocks with our FREE daily email newsletter.