Taylor Morrison Home Corp (NYSE: TMHC) is 1.76% higher on its value in year-to-date trading and has touched a low of $53.17 and a high of $75.49 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 $61.45 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $62.29, the stock is 0.06% and -0.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 1.37% at the moment leaves the stock -2.84% off its SMA200. TMHC registered 8.12% gain for a year compared to 6-month loss of -4.80%.
The stock witnessed a -3.01% gain in the last 1 month and extending the period to 3 months gives it a -14.88%, and is 1.86% 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 3.14% over the week and 3.12% over the month.
Taylor Morrison Home Corp (TMHC) has around 3000 employees, a market worth around $6.34B and $8.17B in sales. Current P/E ratio is 7.52 and Fwd P/E is 6.33. Profit margin for the company is 10.81%. Distance from 52-week low is 17.15% and -17.49% from its 52-week high. The company has generated returns on investments over the last 12 months (10.98%).
with sales reaching $1.81B over the same period.The EPS is expected to grow by 9.26% this year, but quarterly earnings will post 2.88% year-over-year. Quarterly sales are estimated to grow 6.36% in year-over-year returns.
The shares outstanding are 102.24M, and float is at 99.09M with Short Float at 2.86%.
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 MERRITT DAVID C, the company’s Director. SEC filings show that MERRITT DAVID C sold 2,402 shares of the company’s common stock on Feb 25 ’25 at a price of $63.98 per share for a total of $0.15 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Nov 25 ’24, LYON WILLIAM H (Director) disposed off 24,284 shares at an average price of $74.46 for $1.81 million. The insider now directly holds 2,045,316 shares of Taylor Morrison Home Corp (TMHC).
