Taylor Morrison Home Corporation Common Stock (TMHC)
Taylor Morrison Home Corporation (TMHC) is a leading residential home builder in the United States and Canada, specializing in constructing and selling single-family homes and planned communities. Founded in 2007, the company focuses on creating thoughtfully designed homes with a focus on quality, innovation, and customer satisfaction. Taylor Morrison operates across multiple regions, offering a range of home styles and communities to accommodate diverse lifestyles and preferences.
Company News
The global residential construction market is projected to grow from USD 4.92 trillion in 2024 to USD 8.01 trillion by 2034, driven by affordable housing demand, sustainable practices, and technological innovations like BIM and 3D printing.
Taylor Morrison, a national homebuilder, reported strong Q2 2024 results with earnings and revenue exceeding analyst expectations. The company's diversified customer and geographic strategy led to better-than-expected closings volume and home closings gross margin.
M/I Homes, PulteGroup, Taylor Morrison Home and Tri Pointe Homes are included in this Analyst Blog.
Taylor Morrison Home Corporation shares outperformed broader market, up 26.3% since Aug. ‘23 and 101.6% since Jan. ‘22. Find out why TMHC stock is a Buy.
Seaport analyst Kenneth Zener downgraded several homebuilding stocks following a weak outlook for the builder’s sector for FY24. The analyst says if recession fears ease further, he expects fading rallies into affirmative FY24 sector guidance, ‘as expected tailwinds may become headwinds, and/or an Early to Late sector rotation unfolds.’ T...
