Taylor Morrison Home (TMHC) Given Daily News Impact Rating of 0.13

Press coverage about Taylor Morrison Home (NYSE:TMHC) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Taylor Morrison Home earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 45.9562018661507 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

Shares of Taylor Morrison Home (NYSE TMHC) opened at $27.74 on Friday. Taylor Morrison Home has a 52-week low of $18.26 and a 52-week high of $28.42. The stock has a market capitalization of $3,268.69, a PE ratio of 15.08, a PEG ratio of 0.91 and a beta of 1.47. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.81 and a current ratio of 6.85.

Taylor Morrison Home (NYSE:TMHC) last announced its earnings results on Wednesday, November 1st. The construction company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.04. Taylor Morrison Home had a return on equity of 4.18% and a net margin of 2.41%. The business had revenue of $908.00 million for the quarter, compared to analyst estimates of $914.19 million. During the same period in the previous year, the company earned $0.49 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. research analysts predict that Taylor Morrison Home will post 1.86 EPS for the current year.

Taylor Morrison Home announced that its Board of Directors has initiated a share buyback program on Wednesday, January 3rd that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the construction company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Several research analysts have commented on TMHC shares. ValuEngine lowered Taylor Morrison Home from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd. BidaskClub lowered Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. B. Riley reissued a “neutral” rating on shares of Taylor Morrison Home in a research report on Thursday, November 2nd. Citigroup raised Taylor Morrison Home from a “neutral” rating to a “buy” rating and set a $30.00 price objective on the stock in a research report on Tuesday, January 2nd. Finally, Susquehanna Bancshares raised Taylor Morrison Home from a “neutral” rating to a “positive” rating in a research report on Thursday, January 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. Taylor Morrison Home has a consensus rating of “Hold” and an average price target of $27.57.

In other news, insider Group Holdings (Sbs) Advis Tpg sold 1,499,732 shares of Taylor Morrison Home stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $27.14, for a total transaction of $40,702,726.48. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider C. David Cone sold 35,000 shares of Taylor Morrison Home stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $23.79, for a total value of $832,650.00. Following the sale, the insider now directly owns 42,511 shares in the company, valued at $1,011,336.69. The disclosure for this sale can be found here. 2.40% of the stock is currently owned by insiders.

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Taylor Morrison Home Company Profile

Taylor Morrison Home Corporation is a homebuilder, which designs, builds and sells single-family detached and attached homes. The Company is also a land developer, with a portfolio of lifestyle and master-planned communities. Its segments include East, which includes Atlanta, Charlotte, North Florida, Raleigh, Southwest Florida and Tampa; Central, which includes Austin, Dallas, and Houston (each of the Dallas and Houston markets include both a Taylor Morrison division and a Darling Homes division); West, which includes Bay Area, Chicago, Denver, Phoenix, Sacramento and Southern California, and Mortgage Operations, which includes Taylor Morrison Home Funding, LLC (TMHF) and Inspired Title Services, LLC (Inspired Title).

Insider Buying and Selling by Quarter for Taylor Morrison Home (NYSE:TMHC)

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