Impact of Brokerage Rating on Taylor Morrison Home Corporation(TMHC)

Many Taylor Morrison Home Corporation(TMHC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Downgraded by FBR & Co. on Feb 14, 2017 to Mkt Perform, Raises Price Target to $ 21 from a previous price target of $20 .Taylor Morrison Home Corp was Initiated by Barclays on Jan 6, 2017 to Equal Weight, Price Target of the shares are set at $21.Taylor Morrison Home Corp was Downgraded by Gabelli & Co on Dec 8, 2016 to Hold, Price Target of the shares are set at $21.

Company has reported several Insider transactions to the SEC, on Feb 10, 2016, Anne L Mariucci (director) purchased 8,925 shares at 11.27 per share price.On Feb 10, 2016, Joseph Terracciano (Chief Accounting Officer) purchased 51 shares at 11.75 per share price.On Feb 10, 2016, Sheryl Palmer (CEO) purchased 7,500 shares at 11.35 per share price.

Taylor Morrison Home Corp Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.59. The company had revenue of $1197.00 million for the quarter, compared to analysts expectations of $1066.12 million. The companys revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Taylor Morrison Home Corporation (NYSE:TMHC) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.43 by 7 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.

Taylor Morrison Home Corporation (NYSE:TMHC): The mean short term price target for Taylor Morrison Home Corporation (NYSE:TMHC) has been established at $19.67 per share. The higher price target estimate is at $21 and the lower price target estimate is expected at $18 according to 6 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $1.37

Taylor Morrison Home Corporation (NYSE:TMHC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.69% or 0.13 points. After the session commenced at $18.57, the stock reached the higher end at $18.85 while it hit a low of $18.41. With the volume soaring to 671,692 shares, the last trade was called at $18.84. The company has a 52-week high of $21.8. The company has a market cap of $2,467 million and there are 130,927,772 shares in outstanding. The 52-week low of the share price is $12.09.

Taylor Morrison Home Corporation is a homebuilder and land developer engaged in building single-family detached and attached homes for first-time buyers, move-up families to luxury and active adult customers. The company operates under the Taylor Morrison brand, Monarch brand and Darling Homes brand. It operates in Arizona, California, Colorado, Florida and Texas. Taylor Morrison Home Corporation is headquartered in Scottsdale, Arizona.

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