Taylor Morrison Home Corp (TMHC) Earns Coverage Optimism Rating of 0.15

Media coverage about Taylor Morrison Home Corp (NASDAQ:TMHC) has been trending somewhat positive on Saturday, Alpha One Sentiment reports. The research firm, a unit of Accern, identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Taylor Morrison Home Corp earned a news sentiment score of 0.15 on Alpha One’s scale. Alpha One also gave media stories about the construction company an impact score of 88 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have effected AlphaOne’s rankings:

Taylor Morrison Home Corp (NASDAQ:TMHC) traded up 1.48% during mid-day trading on Friday, reaching $23.35. 1,470,188 shares of the company’s stock traded hands. The firm has a 50 day moving average of $22.38 and a 200 day moving average of $20.50. The firm has a market cap of $1.22 billion and a PE ratio of 13.35. Taylor Morrison Home Corp has a 1-year low of $13.68 and a 1-year high of $24.60.

Taylor Morrison Home Corp (NASDAQ:TMHC) last issued its quarterly earnings data on Thursday, April 27th. The construction company reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.02. The company had revenue of $769.09 million during the quarter, compared to the consensus estimate of $742.08 million. Taylor Morrison Home Corp’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.21 earnings per share. Analysts forecast that Taylor Morrison Home Corp will post $1.90 EPS for the current year.

TMHC has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Taylor Morrison Home Corp from a “buy” rating to a “sell” rating in a research report on Friday, February 3rd. BTIG Research began coverage on shares of Taylor Morrison Home Corp in a report on Tuesday, February 7th. They set a “neutral” rating on the stock. FBR & Co downgraded shares of Taylor Morrison Home Corp from an “outperform” rating to a “market perform” rating and raised their price target for the company from $20.00 to $21.00 in a report on Tuesday, February 14th. Finally, Barclays PLC restated an “equal weight” rating and set a $22.00 price target (up previously from $21.00) on shares of Taylor Morrison Home Corp in a report on Tuesday, March 7th. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $20.78.

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Taylor Morrison Home Corp 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).

12 Month Chart for NASDAQ:TMHC

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