Welcome to our dedicated page for Taylor Morrison Home news (Ticker: TMHC), a resource for investors and traders seeking the latest updates and insights on Taylor Morrison Home stock.
Taylor Morrison Home Corporation reports developments as a national land and community developer and homebuilder serving first-time, move-up and resort lifestyle homebuyers and renters. Its updates commonly cover home closings, average sales prices, gross margins, sales orders, community sales pace, backlog, land owned and controlled, and guidance across its homebuilding and financial services activities.
Company news also includes activity tied to the Taylor Morrison, Esplanade and Yardly brands, including consumer-segment commentary, marketing campaigns, partnerships, share repurchase authorizations and board composition updates.
Taylor Morrison Home reported its first-quarter results for 2024, showing a net income of $190 million and earnings per share of $1.75. The company experienced growth in net sales orders, home closings revenue, and homebuilding lots owned, among other positive developments. Taylor Morrison also raised its full-year guidance, expecting to deliver approximately 12,500 homes with a gross margin between 23.5% to 24.0%. The company's expansion into the Indianapolis market further diversifies its geographic footprint, reflecting strong growth potential.
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