Taylor Morrison Home Corporation's stock price is currently at $63.35, reflecting a 0.619% increase from the previous close of $62.96. The trading volume is at $284,384, 22.05% above the average. Despite a three-day streak of price decline, starting from $65, the absolute change is -$1.65 with a percentage change of -2.54%.
The latest quarterly earnings report for TMHC, released on Tuesday, April 21st, exceeded expectations with a consensus estimate EPS of 0.884. The company reported a net income of $100.43 million.
Wolfe Research recently upgraded TMHC to "Outperform," maintaining its previous grade. The stock price at the time of the upgrade was $64.07, with a recommendation to hold.
TMHC shows healthy financial ratios, including a net profit margin of 7.24%, return on assets of 1.03, return on equity of 1.61, and a debt ratio of 24.71%.
The company's cash flow indicates a net change in cash of -$197.80 million. Operating cash flow was -$10.43 million, and capital expenditure stood at -$9.96 million. TMHC ended the period with $653.43 million in cash.
TMHC reported a gross profit of $290.64 million on revenues of $1.39 billion, resulting in an EPS of $1.03. The company demonstrated an EBITDA of $141.79 million.
TMHC's total assets amount to $9.77 billion, with total debt at $2.41 billion and net debt at $1.76 billion.
This real-time financial report highlights TMHC's sturdy performance, backed by consistent earnings and robust financial indicators.
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. In addition, the company operates under the Taylor Morrison, William Lyon Signature, and Darling Homes brand names in Arizona, California, Colorado, Florida, Georgia, Nevada, North and South Carolina, Oregon, Texas, and Washington. Taylor Morrison Home Corporation was founded in 1936 and is headquartered in Scottsdale, Arizona.