Taylor Morrison Home (NYSE:TMHC – Get Free Report) released its quarterly earnings data on Wednesday. The construction company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.31, Briefing.com reports. Taylor Morrison Home had a return on equity of 14.99% and a net margin of 9.92%. The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period in the previous year, the company posted $1.62 EPS. The firm’s revenue for the quarter was up 26.6% compared to the same quarter last year.
Taylor Morrison Home Price Performance
Shares of Taylor Morrison Home stock traded up $0.18 during trading on Friday, hitting $68.54. 839,198 shares of the stock traded hands, compared to its average volume of 791,691. The stock has a market cap of $7.25 billion, a price-to-earnings ratio of 9.81 and a beta of 1.96. The company has a quick ratio of 0.67, a current ratio of 6.01 and a debt-to-equity ratio of 0.39. Taylor Morrison Home has a 52 week low of $37.23 and a 52 week high of $71.95. The firm’s fifty day moving average is $67.58 and its 200-day moving average is $61.64.
Insider Buying and Selling
In other Taylor Morrison Home news, Director William H. Lyon sold 1,741 shares of the stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $68.03, for a total transaction of $118,440.23. Following the transaction, the director now directly owns 2,195,316 shares in the company, valued at $149,347,347.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.50% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Stock Analysis on Taylor Morrison Home
Taylor Morrison Home Company Profile
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.
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