Taylor Morrison Home Corporation Common Stock (TMHC)
64.36
-2.22 (-3.33%)
Taylor Morrison Home Corp is a prominent homebuilder engaged in the design, construction, and sale of residential properties across various markets in the United States
The company specializes in creating a diverse range of housing options, including single-family homes, townhomes, and condominiums, catering to a variety of buyers, from first-time homeowners to luxury estate seekers. In addition to homebuilding, Taylor Morrison emphasizes customer service and community development, often incorporating amenities and features that enhance the living experience within the neighborhoods they create. They also focus on sustainability and energy-efficient practices in their construction processes, reflecting a commitment to responsible building practices and environmental stewardship.
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Taylor Morrison Home has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 11.7% to $60.64 per share while the index has gained 8.8%.
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Homebuilder Taylor Morrison Home (NYSETMHC) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 26.6% year on year to $2.12 billion. Its non-GAAP profit of $2.37 per share was also 15.9% above analysts’ consensus estimates.