Fintel reports that on April 12, 2024, Zelman & Assoc upgraded their outlook for Taylor Morrison Home (NYSE:TMHC) from Underperform to Neutral.

Analyst Price Forecast Suggests 9.26% Upside

As of March 31, 2024, the average one-year price target for Taylor Morrison Home is 62.05. The forecasts range from a low of 50.50 to a high of $73.50. The average price target represents an increase of 9.26% from its latest reported closing price of 56.79.

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The projected annual revenue for Taylor Morrison Home is 6,410MM, a decrease of 13.59%. The projected annual non-GAAP EPS is 5.44.

What is the Fund Sentiment?

There are 889 funds or institutions reporting positions in Taylor Morrison Home. This is an increase of 32 owner(s) or 3.73% in the last quarter. Average portfolio weight of all funds dedicated to TMHC is -2.03%, a decrease of 823.91%. Total shares owned by institutions decreased in the last three months by 0.54% to 121,752K shares. The put/call ratio of TMHC is 0.46, indicating a bullish outlook.

What are Other Shareholders Doing?

IJH - iShares Core S&P Mid-Cap ETF holds 3,262K shares representing 3.06% ownership of the company. In it's prior filing, the firm reported owning 3,419K shares, representing a decrease of 4.82%. The firm increased its portfolio allocation in TMHC by 10.38% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 3,214K shares representing 3.02% ownership of the company. In it's prior filing, the firm reported owning 3,202K shares, representing an increase of 0.36%. The firm increased its portfolio allocation in TMHC by 12.29% over the last quarter.

Fuller & Thaler Asset Management holds 3,190K shares representing 3.00% ownership of the company. In it's prior filing, the firm reported owning 3,180K shares, representing an increase of 0.31%. The firm increased its portfolio allocation in TMHC by 10.64% over the last quarter.

FTHNX - Fuller & Thaler Behavioral Small-Cap Equity Fund Investor Shares holds 3,011K shares representing 2.83% ownership of the company. In it's prior filing, the firm reported owning 1,380K shares, representing an increase of 54.16%. The firm increased its portfolio allocation in TMHC by 103.39% over the last quarter.

Invesco holds 2,894K shares representing 2.72% ownership of the company. In it's prior filing, the firm reported owning 3,039K shares, representing a decrease of 5.02%. The firm increased its portfolio allocation in TMHC by 5.34% over the last quarter.

Taylor Morrison Home Background Information
(This description is provided by the company.)

Taylor Morrison Home Corporation is the nation's fifth largest homebuilder and developer based in Scottsdale, Arizona, that has been recognized as America's Most Trusted® Home Builder for six years running (2016-2021). Operating under a family of brands including Taylor Morrison, Darling Homes, William Lyon Signature Home and Christopher Todd Communities built by Taylor Morrison, the Company serves consumer groups coast to coast, from first-time to move-up, luxury and 55-plus buyers. Its unwavering pledge to sustainability, its communities and its team—outlined in the 2019 Environmental, Social and Governance (ESG) Report—extends to designing thoughtful living experiences homeowners can be proud of for generations to come. CONTACT: Alice Giedraitis