Bank of America Cuts Taylor Morrison Home (NYSE:TMHC) Price Target to $68.00
by Renee Jackson · The Cerbat GemTaylor Morrison Home (NYSE:TMHC – Free Report) had its target price decreased by Bank of America from $72.00 to $68.00 in a report issued on Monday morning,Benzinga reports. Bank of America currently has a neutral rating on the construction company’s stock.
A number of other equities research analysts have also recently commented on the company. Weiss Ratings cut Taylor Morrison Home from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 20th. Truist Financial decreased their price target on Taylor Morrison Home from $85.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, April 16th. Royal Bank Of Canada raised their price target on Taylor Morrison Home from $62.00 to $68.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Seaport Research Partners reissued a “sell” rating and set a $49.00 price target (down from $85.00) on shares of Taylor Morrison Home in a report on Tuesday, April 7th. Finally, Zacks Research cut Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a report on Thursday, January 22nd. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.33.
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Taylor Morrison Home Price Performance
NYSE TMHC opened at $64.97 on Monday. The company has a market capitalization of $6.26 billion, a PE ratio of 8.37, a price-to-earnings-growth ratio of 1.54 and a beta of 1.58. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.55 and a current ratio of 7.31. The business’s fifty day moving average is $61.49 and its 200 day moving average is $61.46. Taylor Morrison Home has a fifty-two week low of $54.58 and a fifty-two week high of $72.50.
Taylor Morrison Home (NYSE:TMHC – Get Free Report) last released its earnings results on Wednesday, April 22nd. The construction company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.30. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.33 billion. Taylor Morrison Home had a return on equity of 13.50% and a net margin of 9.63%.Taylor Morrison Home’s quarterly revenue was down 26.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.07 earnings per share. Sell-side analysts predict that Taylor Morrison Home will post 4.96 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its position in shares of Taylor Morrison Home by 14.9% during the third quarter. Allworth Financial LP now owns 1,546 shares of the construction company’s stock valued at $102,000 after buying an additional 200 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Taylor Morrison Home by 4.5% during the third quarter. PNC Financial Services Group Inc. now owns 4,691 shares of the construction company’s stock valued at $310,000 after buying an additional 204 shares during the period. Tectonic Advisors LLC boosted its holdings in shares of Taylor Morrison Home by 0.7% in the fourth quarter. Tectonic Advisors LLC now owns 29,765 shares of the construction company’s stock valued at $1,752,000 after purchasing an additional 207 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Taylor Morrison Home by 30.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 899 shares of the construction company’s stock valued at $55,000 after purchasing an additional 211 shares during the period. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Taylor Morrison Home by 3.3% in the fourth quarter. Verdence Capital Advisors LLC now owns 6,795 shares of the construction company’s stock valued at $400,000 after purchasing an additional 220 shares during the period. Hedge funds and other institutional investors own 95.16% of the company’s stock.
Taylor Morrison Home News Roundup
Here are the key news stories impacting Taylor Morrison Home this week:
- Positive Sentiment: Q1 results topped Street estimates — GAAP EPS $1.12 vs. consensus $0.82 and revenue $1.39B vs. $1.33B — signaling better-than-expected near-term profitability and driving positive investor reaction. Read More.
- Positive Sentiment: Management reaffirmed full‑year 2026 guidance (~11,000 closings) and authorized ~$400M in buybacks; higher to‑be‑built mix (38%) suggests greater exposure to higher‑margin, on‑demand homes — both supportive for EPS and shareholder returns. Read More.
- Neutral Sentiment: Earnings call and slide deck provide management detail on backlog, margins and mix; investors will watch cadence of to‑be‑built orders and cancellations for sustainability of margins. Read More.
- Neutral Sentiment: Analyst note roundup and metric checks (Zacks, MarketBeat) emphasize the beat but flag weaker volumes and the year‑over‑year comparisons investors should monitor. Read More.
- Negative Sentiment: Top‑line and EPS remain well below last year — revenue declined ~26.8% YoY and EPS is materially lower versus the prior-year quarter — a reminder of lingering demand/headwind risks. Read More.
- Negative Sentiment: At least one major bank (Bank of America) has lowered price expectations for TMHC, signaling some analyst skepticism on valuation or near‑term growth trajectory despite the beat and buyback. Read More.
About Taylor Morrison Home
Taylor Morrison Home Corporation (NYSE:TMHC) is a leading national homebuilder and developer specializing in the design, construction and sale of single-family detached and attached homes. The company’s portfolio spans entry-level, first-time, move-up and active-adult segments, offering buyers a diverse array of architectural styles, floor plans and personalized design options. Through its vertically integrated model, Taylor Morrison manages land acquisition, community development, construction and sales to deliver quality homes and customer-focused experiences across its markets.
The company’s heritage traces back to Morrison Homes, founded in 1977, and Taylor Woodrow, established in 1921 in the United Kingdom.