Wedbush Forecasts Lower Earnings for Taylor Morrison Home

Taylor Morrison Home Co. (NYSE:TMHC - Free Report) - Analysts at Wedbush dropped their FY2026 earnings per share estimates for Taylor Morrison Home in a report released on Wednesday, February 12th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $10.01 for the year, down from their prior estimate of $10.63. Wedbush currently has a "Outperform" rating and a $85.00 target price on the stock. The consensus estimate for Taylor Morrison Home's current full-year earnings is $9.11 per share. Wedbush also issued estimates for Taylor Morrison Home's FY2026 earnings at $10.01 EPS.

TMHC has been the topic of a number of other research reports. Raymond James restated an "outperform" rating and issued a $84.00 price target (up previously from $81.00) on shares of Taylor Morrison Home in a research report on Tuesday, October 29th. BTIG Research raised their price target on Taylor Morrison Home from $78.00 to $86.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Wolfe Research upgraded Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 target price on the stock in a research report on Wednesday, January 8th. Seaport Res Ptn cut Taylor Morrison Home from a "hold" rating to a "strong sell" rating in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. decreased their target price on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating on the stock in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $82.43.

Taylor Morrison Home Price Performance

Shares of NYSE TMHC traded up $0.17 during mid-day trading on Monday, reaching $62.07. The company had a trading volume of 1,540,799 shares, compared to its average volume of 1,016,324. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.94 and a current ratio of 6.39. Taylor Morrison Home has a one year low of $53.17 and a one year high of $75.49. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of 7.50 and a beta of 2.03. The business's 50-day simple moving average is $63.11 and its 200 day simple moving average is $66.27.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The construction company reported $2.64 EPS for the quarter, topping analysts' consensus estimates of $2.40 by $0.24. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%.

Hedge Funds Weigh In On Taylor Morrison Home

Several institutional investors have recently added to or reduced their stakes in the business. State Street Corp boosted its holdings in shares of Taylor Morrison Home by 2.8% during the 3rd quarter. State Street Corp now owns 4,987,968 shares of the construction company's stock worth $350,455,000 after buying an additional 136,432 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Taylor Morrison Home by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company's stock worth $144,144,000 after buying an additional 69,222 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Taylor Morrison Home by 13.4% during the 4th quarter. Northern Trust Corp now owns 1,670,241 shares of the construction company's stock worth $102,235,000 after buying an additional 197,880 shares in the last quarter. Norges Bank bought a new position in shares of Taylor Morrison Home during the 4th quarter worth approximately $93,810,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Taylor Morrison Home by 1.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,369,832 shares of the construction company's stock worth $83,847,000 after buying an additional 20,908 shares in the last quarter. 95.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director William H. Lyon sold 24,284 shares of Taylor Morrison Home stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $74.46, for a total value of $1,808,186.64. Following the transaction, the director now directly owns 2,045,316 shares of the company's stock, valued at $152,294,229.36. The trade was a 1.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.50% of the company's stock.

About Taylor Morrison Home

Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name.