What is Seaport Res Ptn’s Estimate for TMHC FY2025 Earnings?

Taylor Morrison Home Corporation (NYSE:TMHC) – Analysts at Seaport Res Ptn issued their FY2025 earnings estimates for shares of Taylor Morrison Home in a research report issued on Wednesday, October 22nd. Seaport Res Ptn analyst K. Zener expects that the construction company will earn $8.23 per share for the year. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Taylor Morrison Home’s current full-year earnings is $8.93 per share.

TMHC has been the topic of several other research reports. Wedbush restated an “outperform” rating and set a $85.00 target price on shares of Taylor Morrison Home in a research note on Thursday. Royal Bank Of Canada lowered their target price on shares of Taylor Morrison Home from $75.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday. Weiss Ratings restated a “buy (b)” rating on shares of Taylor Morrison Home in a research note on Wednesday, October 8th. Finally, Bank of America lowered their target price on shares of Taylor Morrison Home from $75.00 to $72.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $76.38.

Taylor Morrison Home Stock Performance

Shares of TMHC stock opened at $60.31 on Monday. Taylor Morrison Home has a one year low of $51.90 and a one year high of $75.49. The company’s 50-day moving average is $66.21 and its 200 day moving average is $62.24. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 7.27 and a beta of 1.61. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 7.02.

Taylor Morrison Home (NYSE:TMHC) last announced its quarterly earnings data on Wednesday, October 22nd. The construction company reported $2.11 EPS for the quarter, beating the consensus estimate of $1.93 by $0.18. Taylor Morrison Home had a net margin of 10.16% and a return on equity of 15.23%. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the prior year, the firm posted $2.40 EPS. Taylor Morrison Home’s revenue for the quarter was down 1.2% on a year-over-year basis.

Insider Transactions at Taylor Morrison Home

In other news, CFO Curtis Vanhyfte sold 9,754 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $65.22, for a total value of $636,155.88. Following the transaction, the chief financial officer owned 14,163 shares in the company, valued at $923,710.86. This represents a 40.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sheryl Palmer sold 25,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $70.20, for a total transaction of $1,755,000.00. Following the completion of the transaction, the chief executive officer owned 383,988 shares in the company, valued at $26,955,957.60. This trade represents a 6.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 67,351 shares of company stock worth $4,700,630 in the last quarter. Company insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On Taylor Morrison Home

Several institutional investors have recently made changes to their positions in TMHC. Norges Bank purchased a new stake in Taylor Morrison Home in the 2nd quarter worth approximately $93,627,000. Long Pond Capital LP increased its holdings in Taylor Morrison Home by 132.4% in the 2nd quarter. Long Pond Capital LP now owns 1,561,586 shares of the construction company’s stock worth $95,913,000 after acquiring an additional 889,616 shares in the last quarter. Nuveen LLC purchased a new stake in Taylor Morrison Home in the 1st quarter worth approximately $51,329,000. AQR Capital Management LLC increased its holdings in Taylor Morrison Home by 118.0% in the 2nd quarter. AQR Capital Management LLC now owns 1,273,418 shares of the construction company’s stock worth $77,933,000 after acquiring an additional 689,286 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in Taylor Morrison Home in the 3rd quarter worth approximately $38,189,000. Institutional investors own 95.16% of the company’s stock.

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.