Taylor Morrison Home Corp Stock Price, News & Analysis

Taylor Morrison Home Corporation (TMHC), the fifth largest homebuilder in the U.S., will release its first quarter 2021 results before the market opens on April 29, 2021. The company will host a conference call at 8:30 a.m. ET on the same day to discuss its earnings. Investors can access a live webcast and an archive of the conference call on the company's investor relations website. Taylor Morrison is recognized as America's Most Trusted Home Builder for six consecutive years (2016-2021) and operates under various brands serving diverse consumer groups.

Taylor Morrison (NYSE: TMHC) highlights its commitment to gender equality in the construction industry, noting a nearly equal workforce representation with 53% male and 47% female employees. The company has increased female representation in construction roles by 19% over the past year. Taylor Morrison is also a participant in the Building Talent Foundation initiative, aiming to place 100,000 individuals in the construction sector by 2030. The firm was recognized for its gender equality efforts by Bloomberg's Gender-Equality Index for the third consecutive year.

Taylor Morrison Home Corporation (NYSE: TMHC) reported strong financial results for Q4 2020, with a net income of $94 million ($0.72 per diluted share), up 41% year-over-year. The company achieved a 46% increase in net sales orders, totaling 3,724, and its revenue rose 6% to $1.6 billion. Home closings gross margin improved significantly, reaching 18.3%, while backlog soared to over 8,400 homes valued at $4.2 billion. The company aims to further reduce its net debt-to-capitalization to the low-30% range by year-end 2021, maintaining strong liquidity of around $1.3 billion.

Taylor Morrison Home Corporation, the fifth largest homebuilder in the U.S., announced it will release its fourth quarter 2020 results before the market opens on February 10, 2021. The company will host a conference call at 8:30 a.m. ET the same day to discuss the results. Interested parties can access the live audio webcast on their website, where an archive will also be available. Taylor Morrison operates multiple brands and has been recognized as America's Most Trusted Home Builder for six consecutive years (2016-2021).

Taylor Morrison (NYSE: TMHC), the fifth largest homebuilder in the U.S., launched its 'Make Healthier Moves' campaign, focusing on building healthier homes amid heightened consumer health awareness due to the pandemic. The campaign promises homes equipped with safer paint, healthier air, and cleaner water at no extra cost, appealing especially to younger buyers. Survey results indicate over one-third of home shoppers prefer new constructions for better health features. The initiative builds on previous campaigns, reinforcing the company's commitment to customer wellness and trust.

Taylor Morrison Home Corporation (NYSE: TMHC) announced the renewal of its stock repurchase program until December 31, 2021, authorizing the repurchase of up to $100 million of its Common Stock. This decision reflects the company's commitment to enhancing long-term shareholder value and taking advantage of current stock valuations. Since 2015, Taylor Morrison has repurchased approximately $635 million worth of shares, equating to over 25% of shares outstanding. Future repurchases will depend on market conditions, liquidity, and other financial considerations.

Taylor Morrison (NYSE:TMHC) launched its inaugural National Build Joy Day on December 2, 2020, focusing on community support amid the COVID-19 pandemic. The initiative invites team members to use $1,000 to 'Build Joy' in their communities. This year, 20 selected projects, funded by the company, impacted lives in 10 states, aiding students, veterans, and families in need. Additionally, Taylor Morrison contributed $60,000 to Feeding America and HomeAid America to enhance its philanthropic efforts. The company aims to inspire broader community involvement in building joy.