Taylor Morrison Home Corp. (NYSE: TMHC) is 34.70% higher on its value in year-to-date trading and has touched a low of $37.23 and a high of $71.69 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TMHC stock was last observed hovering at around $69.70 in the last trading session, with the day’s gains setting it 2.16%.
Currently trading at $71.86, the stock is 8.33% and 11.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 3.10% at the moment leaves the stock 24.85% off its SMA200. TMHC registered 59.97% gain for a year compared to 6-month gain of 20.55%.
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The stock witnessed a 14.08% loss in the last 1 month and extending the period to 3 months gives it a 32.31%, and is 10.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.96% over the week and 2.74% over the month.
Taylor Morrison Home Corp. (TMHC) has around 2800 employees, a market worth around $7.49B and $7.39B in sales. Current P/E ratio is 10.66 and Fwd P/E is 8.03. Profit margin for the company is 9.92%. Distance from 52-week low is 93.02% and 0.24% from its 52-week high. The company has generated returns on investments over the last 12 months (9.47%).
Taylor Morrison Home Corp. quarterly earnings per share for the current quarter are estimated at 2.07 with sales reaching $1.94B over the same period.The EPS is expected to grow by 15.69% this year, but quarterly earnings will post 8.10% year-over-year. Quarterly sales are estimated to grow 15.70% in year-over-year returns.
539.0 institutions hold shares in Taylor Morrison Home Corp. (TMHC), with institutional investors hold 102.57% of the company’s shares. The shares outstanding are 106.92M, and float is at 101.46M with Short Float at 2.06%. Institutions hold 99.63% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.14 million shares valued at $839.33 million. The investor’s holdings represent 14.2211 of the TMHC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.16 million shares valued at $618.87 million to account for 10.4857 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.97 million shares representing 7.4834 and valued at over $441.67 million, while STATE STREET CORP holds 4.5573 of the shares totaling 4.85 million with a market value of $268.97 million.
Taylor Morrison Home Corp. (TMHC) Insider Activity
The most recent transaction is an insider sale by LYON WILLIAM H, the company’s Director. SEC filings show that LYON WILLIAM H sold 49,928 shares of the company’s common stock on Sep 18 ’24 at a price of $70.25 per share for a total of $3.51 million. Following the sale, the insider now owns 2.15 million shares.
Taylor Morrison Home Corp. disclosed in a document filed with the SEC on Sep 17 ’24 that LYON WILLIAM H (Director) sold a total of 72 shares of the company’s common stock. The trade occurred on Sep 17 ’24 and was made at $70.00 per share for $5040.0. Following the transaction, the insider now directly holds 2.2 million shares of the TMHC stock.
Still, SEC filings show that on Sep 12 ’24, Yip Christopher J. (Director) disposed off 4,700 shares at an average price of $65.19 for $0.31 million. The insider now directly holds 4,772 shares of Taylor Morrison Home Corp. (TMHC).
