Taylor Morrison Home Corp Stock Price, News & Analysis

Taylor Morrison (NYSE: TMHC) reported strong Q1 2025 financial results with net income of $213 million ($2.07 per diluted share). Home closings revenue increased 12% year-over-year to $1.8 billion, driven by 3,048 closings at an average price of $600,000.

Key metrics include a home closings gross margin of 24.0% and adjusted margin of 24.8%. Net sales orders decreased 8% to 3,374, with monthly absorption pace declining to 3.3 from 3.7 year-over-year. The company maintains a strong land position with 86,266 homebuilding lots, 59% controlled off balance sheet.

For full-year 2025, Taylor Morrison updated guidance to 13,000-13,500 home closings with approximately 23% gross margin. The company remains committed to its goal of 20,000 closings by 2028, despite 2025 representing a temporary slowdown. During Q1, TMHC repurchased 2.2 million shares for $135 million and maintained total liquidity of $1.3 billion.

Taylor Morrison Home (NYSE: TMHC) has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 results before market opening on Wednesday, April 23, 2025, followed by a conference call at 8:30 a.m. ET the same day.

Investors can access a live audio webcast through the Investor Relations section of Taylor Morrison's website. Participants must register to receive unique dial-in information for the call. A recording will be available for replay on the company's website, and filings can be accessed through Taylor Morrison's website or the SEC website.

Taylor Morrison Home (NYSE: TMHC) announced that Darrell Sherman, EVP, Chief Legal Officer and Secretary, will retire effective May 31, 2025, after nearly 16 years of service. Sherman will be succeeded by Todd Merrill, currently VP and General Counsel of Operations, effective June 1, 2025.

Sherman's departure is due to his calling to serve as a mission president for the Church of Jesus Christ of Latter-day Saints. During his tenure, he provided legal oversight and supported various aspects of the company's growth including corporate governance, finance, land acquisition, risk management, and M&A.

Merrill, who has been with Taylor Morrison since 2004, brings extensive experience in real estate law. He holds a business administration degree from Stetson University and a Juris Doctor from Florida State University College of Law.

Taylor Morrison (NYSE: TMHC) reports significant progress in female workforce representation during Women in Construction Week (March 2-8, 2025). The company has achieved an 887% increase in women holding construction roles over the past decade.

Key statistics show that women represent 45% of Taylor Morrison's workforce, substantially exceeding the U.S. construction industry average of 11%. The company maintains distinctive leadership characteristics, with Sheryl Palmer as the only female CEO of a publicly traded homebuilder since 2007, and a female-majority Board of Directors.

The PR highlights success stories of women in construction roles, including Haley Hoffman (Build-to-Rent Assistant Land Project Manager), Autumn Schmicker (Superintendent), and Tracey Michaels (Superintendent), demonstrating career progression and achievements within the company.

Taylor Morrison (NYSE: TMHC) announces its first-ever Investor Day in Sarasota, Florida, where it will present updated financial targets and long-term growth plans through 2028. The company unveiled ambitious goals including:

• Targeting approximately 20,000 annual home closings by 2028
• Achieving at least 10% annual home closings growth
• Maintaining low-to-mid 20% home closings gross margin
• Targeting low-three range annualized monthly sales pace
• Aiming for mid-to-high 8% SG&A as percentage of revenue
• Controlling at least 65% of homebuilding lots
• Achieving high-teen range return on equity

The event features presentations from the executive team and Zonda's Chief Economist Ali Wolf on housing market conditions, along with tours of Taylor Morrison communities.

Taylor Morrison Chairman and CEO Sheryl Palmer has been named on the 2025 CNBC Changemakers: Women Transforming Business list, which recognizes 50 women leaders making significant impacts in business. As the only female CEO leading a publicly traded homebuilder since 2013, Palmer has guided Taylor Morrison through notable achievements, including:

- Seven strategic acquisitions
- America's Most Trusted® Home Builder title for ten consecutive years
- Scaling to over $8 billion in revenue across 20 markets in 2024

Under Palmer's leadership, Taylor Morrison has achieved a female workforce representation of 44 percent, significantly exceeding the construction industry average of 11 percent. The CNBC Changemakers will be honored at the second annual Changemakers Summit on April 8 in Los Angeles.

Taylor Morrison (NYSE: TMHC) reported strong Q4 and full-year 2024 results. Q4 net income reached $242 million ($2.30 per diluted share), while adjusted net income was $278 million ($2.64 per diluted share). Full-year 2024 net income was $883 million ($8.27 per diluted share).

Key Q4 highlights include: 11% increase in net sales orders to 2,621, 12% growth in home closings revenue to $2.2 billion, and 12% increase in closings to 3,571 homes at an average price of $608,000. The company maintained a strong gross margin of 24.8%.

Full-year achievements include: $7.8 billion in home closings revenue (up 8%), 12,896 home closings (up 12%), and $348 million in share repurchases. For 2025, the company forecasts deliveries between 13,500 to 14,000 homes with a gross margin range of 23% to 24%.

Taylor Morrison (NYSE: TMHC) has appointed Starbucks Chief Procurement Officer Heather Ostis to its Board of Directors, effective March 1, 2025. This appointment expands the board from eight to nine members. Ostis brings extensive Fortune 500 experience in global procurement and supply chain management, having previously worked with Delta Airlines, Aramark, and Wyndham Worldwide.

The announcement follows the recent addition of Fletcher Previn, Cisco's Chief Information Officer, who joined the board on December 1, 2024. Previn, with previous experience at IBM and Walmart, brings expertise in IT simplification and cybersecurity infrastructure. These appointments align with Taylor Morrison's strategy to enhance board expertise in critical areas such as supply chain management and technology infrastructure.

Taylor Morrison Home (NYSE: TMHC) has announced it will release its fourth quarter 2024 financial results before market opening on Wednesday, February 12, 2025. The company will host a conference call to discuss the results at 8:30 a.m. ET on the same day.

A live audio webcast will be available on Taylor Morrison's website in the Investor Relations section under the Events tab. Participants need to register to receive unique passcode and dial-in information. The call recording will be available for replay on the company's website, and filings will be accessible through the company's website or SEC.