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 Corp (NYSE: TMHC) news hub provides investors and industry observers with direct access to official corporate communications and market developments. This centralized resource tracks the national homebuilder's operational milestones, financial disclosures, and strategic initiatives in residential construction and community development.
Discover press releases covering quarterly earnings, leadership updates, and partnership announcements alongside analysis of TMHC's geographic expansion and consumer-focused strategies. The archive includes updates on land acquisitions, sustainability efforts, and innovations in home design across the company's Taylor Morrison and Darling Homes brands.
Bookmark this page for unfiltered access to TMHC's latest developments in capital-efficient growth and market diversification. Monitor how the company navigates housing demand cycles through its proprietary consumer segmentation model and operational discipline in key regions nationwide.
Taylor Morrison Home Corporation (TMHC) and Värde Partners have rapidly expanded their Build-to-Rent joint venture, closing nine assets across Texas, Florida, North Carolina, and Arizona in just weeks. The venture includes $850 million in equity commitments, with funding split 60% from Värde and 40% from Taylor Morrison. This initiative is expected to enhance Taylor Morrison's Build-to-Rent program, which aims to meet the growing demand for quality rental housing in suburban areas. The firms previously established a land banking facility agreement, acquiring 6,800 lots across 11 markets.
Taylor Morrison Home Corporation (NYSE: TMHC) has initiated a cash tender offer to purchase all outstanding 6.625% senior notes due 2027, totaling $290.4 million. The offer includes a consent solicitation for amendments to the indenture, aiming to alter the notice period for optional redemption from 15 days to a minimum of 3 business days and to eliminate certain covenants. The expiration date for the tender offer is July 12, 2022, with early tender benefits available until June 27, 2022. Accrued interest will be paid on notes accepted for purchase.
Taylor Morrison Home Company (NYSE: TMHC) has acquired a +/- 15-acre parcel in Anna, Texas, in collaboration with Christopher Todd Communities. The site, positioned at a key intersection near national retailers, will feature innovative single-story rental homes and amenities such as a resort-style pool, outdoor event space, and a dog park. The approval of this project involved cooperative efforts with local stakeholders, enhancing housing options in the area.
Taylor Morrison Home Corporation (NYSE: TMHC) has announced a significant increase in its stock repurchase program, raising the available amount for repurchases from $250 million to $500 million until December 31, 2023. This decision, endorsed by the Board of Directors, aims to enhance shareholder value and reflects the company's strong cash flow and solid balance sheet. The repurchase strategy will be conducted in open market purchases and negotiated deals, factoring in market conditions, liquidity, and planned investments.
Taylor Morrison Home Corporation (TMHC) reported robust Q1 2022 results with net income rising to $177 million, or $1.44 per diluted share, marking increases of 80% and 92% from Q1 2021. Home closings revenue grew 21% to $1.6 billion, bolstered by improved gross margins at 23.1%. Despite a 7% decrease in backlog to 9,400 homes, the average sales price surged 24% to $659,000. The company reaffirmed its 2022 guidance, projecting home closings between 14,000 to 15,000, and raising gross margin expectations to over 24.5%. Liquidity remains strong at $1.4 billion.
Taylor Morrison Home Corporation (NYSE: TMHC) is set to release its first quarter 2022 results on April 27, 2022, before market opening. Following the announcement, a conference call will be held at 8:30 a.m. ET to discuss the results. The call will be accessible via a live audio webcast on the company's investor relations website, with a recording available for replay later. Taylor Morrison serves diverse consumers across the U.S., with brands catering to various homebuyer needs.
Taylor Morrison (NYSE: TMHC) is making significant strides in enhancing gender diversity within its workforce, achieving near parity with 54% male and 46% female representation. The company has seen a 21% increase in women in construction roles and earned a spot in Bloomberg's Gender-Equality Index for the fourth year. Collaborating with the Building Talent Foundation, Taylor Morrison aims to improve education and career progression for young individuals in the trades, with women making up 5.7% of placements compared to the industry average of 3.1%.
Taylor Morrison Home Corporation (TMHC) reported strong fourth-quarter results for 2021, with net income of $273 million and $2.19 per diluted share, marking year-over-year increases of 189% and 204%, respectively. Homes closed surged by 39% to 4,283, and total revenue rose 61% to $2.4 billion. Despite a 16% decline in net sales orders, backlog grew 9% to 9,114 sold homes. For 2022, the company anticipates gross margin of at least 23.5% and plans to deliver between 14,000 to 15,000 homes.
Taylor Morrison Home Company (NYSE: TMHC) has finalized the acquisition of approximately 20 acres of land in Melissa, Texas, in collaboration with Christopher Todd Communities. This site will be developed as a mixed-use project, featuring residential and commercial spaces, including a private amenity center and retail components. The project received unanimous approval from the City of Melissa and supports the extension of Melissa Road for improved access to the 2,000-acre Trinity Falls community.
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