In a report released on October 26, Michael Dahl from RBC Capital maintained a Hold rating on Taylor Morrison (TMHC – Research Report), with a price target of $29.00. The company’s shares closed yesterday at $25.95.
Dahl covers the Consumer Goods sector, focusing on stocks such as Toll Brothers, Builders Firstsource, and KB Home. According to TipRanks, Dahl has an average return of 6.1% and a 53.76% success rate on recommended stocks.
Taylor Morrison has an analyst consensus of Hold, with a price target consensus of $28.75, which is a 10.79% upside from current levels. In a report released yesterday, B.Riley Financial also maintained a Hold rating on the stock with a $25.00 price target.
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TMHC market cap is currently $3B and has a P/E ratio of 3.00.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TMHC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Taylor Morrison Home Corp. engages in the business of residential homebuilding and the development of lifestyle communities. It operates through the following segments: East, Central, West, and Financial Services. The East segment includes operations in Atlanta, Charlotte, Chicago, Orlando, Raleigh, Southwest Florida, and Tampa regions. The Central segment consists of Austin, Dallas, Denver, and Houston. The West segment covers Bay Area, Phoenix, Sacramento, and Southern California. The Financial Services segment provides a number of finance-related services through mortgage lending operations. The company was founded on November 15, 2012 and is headquartered in Scottsdale, AZ.
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