Taylor Morrison Home Corp (TMHC) Earns Daily Coverage Optimism Score of 0.09
Press coverage about Taylor Morrison Home Corp (NASDAQ:TMHC) has been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Taylor Morrison Home Corp earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 47.0456392342081 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Taylor Morrison Home Corp (TMHC) traded up 1.01% during trading on Friday, hitting $22.04. 837,577 shares of the stock were exchanged. The firm has a 50 day moving average of $23.52 and a 200-day moving average of $22.19. Taylor Morrison Home Corp has a 12-month low of $15.82 and a 12-month high of $24.79. The company has a market cap of $1.60 billion and a price-to-earnings ratio of 13.27.
Taylor Morrison Home Corp (NASDAQ:TMHC) last posted its quarterly earnings results on Wednesday, August 2nd. The construction company reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 return on equity of 9.57% and a net margin of 6.16%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.37 EPS. On average, analysts forecast that Taylor Morrison Home Corp will post $1.94 earnings per share for the current year.
A number of analysts have weighed in on the stock. Zacks Investment Research cut shares of Taylor Morrison Home Corp from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. FBR & Co raised their price objective on shares of Taylor Morrison Home Corp from $21.00 to $23.00 and gave the stock a “mkt perform” rating in a report on Friday, April 28th. BidaskClub cut shares of Taylor Morrison Home Corp from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Deutsche Bank AG raised their price objective on shares of Taylor Morrison Home Corp from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, August 7th. Finally, ValuEngine raised shares of Taylor Morrison Home Corp from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Seven analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Taylor Morrison Home Corp has an average rating of “Hold” and an average price target of $23.00.
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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