Shares of Taylor Morrison Home Co. (NYSE:TMHC – Get Rating) have been assigned a consensus recommendation of "Hold" from the eight analysts that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $31.14.

TMHC has been the topic of several research reports. B. Riley lowered shares of Taylor Morrison Home from a "buy" rating to a "neutral" rating and decreased their price target for the company from $36.00 to $28.00 in a report on Thursday, June 16th. Credit Suisse Group raised shares of Taylor Morrison Home from a "neutral" rating to an "outperform" rating and set a $33.00 price target on the stock in a report on Monday, July 11th. Royal Bank of Canada lowered shares of Taylor Morrison Home from an "outperform" rating to a "sector perform" rating and lifted their price target for the company from $28.00 to $29.00 in a report on Thursday, July 28th. They noted that the move was a valuation call. JPMorgan Chase & Co. decreased their price target on shares of Taylor Morrison Home from $35.00 to $30.00 and set an "overweight" rating on the stock in a report on Tuesday, July 12th. Finally, Wells Fargo & Company lifted their price target on shares of Taylor Morrison Home from $25.00 to $30.00 and gave the company an "equal weight" rating in a report on Thursday, July 28th.

Insiders Place Their Bets

In other news, CFO Louis Steffens acquired 11,000 shares of Taylor Morrison Home stock in a transaction dated Wednesday, September 14th. The shares were bought at an average cost of $23.07 per share, with a total value of $253,770.00. Following the purchase, the chief financial officer now owns 44,667 shares in the company, valued at approximately $1,030,467.69. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 5.20% of the company's stock.

Institutional Investors Weigh In On Taylor Morrison Home

Taylor Morrison Home Price Performance

Shares of NYSE:TMHC opened at $24.13 on Monday. The firm has a 50 day moving average of $26.48 and a 200-day moving average of $26.97. The stock has a market capitalization of $2.74 billion, a PE ratio of 3.25 and a beta of 1.76. The company has a current ratio of 5.18, a quick ratio of 0.54 and a debt-to-equity ratio of 0.70. Taylor Morrison Home has a 12 month low of $20.05 and a 12 month high of $35.51.

Taylor Morrison Home (NYSE:TMHC – Get Rating) last issued its earnings results on Wednesday, July 27th. The construction company reported $2.27 EPS for the quarter, beating the consensus estimate of $1.82 by $0.45. The company had revenue of $2 billion during the quarter, compared to analysts' expectations of $2.01 billion. Taylor Morrison Home had a net margin of 11.27% and a return on equity of 22.19%. The business's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.95 EPS. On average, equities research analysts predict that Taylor Morrison Home will post 9.73 EPS for the current fiscal year.

About Taylor Morrison Home

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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 also develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name; and offers title insurance and closing settlement services, as well as financial services.

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