Taylor Morrison Home (NYSE:TMHC) Announces Earnings Results

Taylor Morrison Home (NYSE:TMHC) issued its quarterly earnings results on Wednesday. The construction company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.18, FiscalAI reports. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Taylor Morrison Home had a net margin of 10.16% and a return on equity of 15.23%. The business’s quarterly revenue was down 10.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.64 earnings per share.

Here are the key takeaways from Taylor Morrison Home’s conference call:

• Taylor Morrison reported a strong 2025, delivering nearly 13,000 homes at an adjusted home‑closings gross margin of 23%, generating 13% ROE and repurchasing $381M of stock, which management says outperformed peers on margin and SG&A leverage.
• Management cautioned 2026 will be dependent on spring selling because backlog is lower‑than‑normal at just over 2,800 homes, and they guide to about 11,000 closings for the year with Q1 gross margin expected to be the low point (~20%).
• Spec inventory remains elevated with nearly 3,000 unsold homes (including ~1,200 finished) and Q4 was spec‑heavy (72% of sales), which the company expects will pressure gross margins through the first half of 2026.
• The company is refocusing land investment toward higher‑return move‑up and resort lifestyle markets, planning >100 new community openings (including >20 Esplanade outlets) and leveraging a large Yardly build‑to‑rent pipeline (~10,400 sites) to diversify growth and margins.
• Capital allocation remains shareholder‑friendly — the board raised the repurchase authorization to $1 billion, management plans ~$400M of buybacks in 2026, and net home‑building debt‑to‑cap is down versus a year ago.

Taylor Morrison Home Stock Down 0.7%

Shares of NYSE:TMHC traded down $0.48 during trading on Wednesday, hitting $65.93. 226,777 shares of the company were exchanged, compared to its average volume of 946,426. The firm’s 50 day moving average price is $61.87 and its 200-day moving average price is $63.28. Taylor Morrison Home has a 12-month low of $51.90 and a 12-month high of $72.50. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.02 and a quick ratio of 1.02. The stock has a market capitalization of $6.44 billion, a P/E ratio of 7.93 and a beta of 1.59.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $62.00 price objective on shares of Taylor Morrison Home in a research note on Friday, January 9th. Citigroup assumed coverage on Taylor Morrison Home in a report on Wednesday, January 7th. They set an “outperform” rating on the stock. Citizens Jmp started coverage on Taylor Morrison Home in a research note on Wednesday, January 7th. They issued a “market outperform” rating and a $95.00 price objective for the company. Zacks Research lowered shares of Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. Finally, Wedbush reaffirmed an “outperform” rating and issued a $85.00 target price on shares of Taylor Morrison Home in a report on Thursday, October 23rd. Eight investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Taylor Morrison Home has a consensus rating of “Moderate Buy” and a consensus target price of $77.14.

Institutional Investors Weigh In On Taylor Morrison Home

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its stake in Taylor Morrison Home by 406.8% in the second quarter. EverSource Wealth Advisors LLC now owns 897 shares of the construction company’s stock valued at $55,000 after acquiring an additional 720 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Taylor Morrison Home by 30.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 899 shares of the construction company’s stock valued at $55,000 after purchasing an additional 211 shares during the period. Danske Bank A S acquired a new stake in shares of Taylor Morrison Home in the 3rd quarter valued at about $79,000. Harvest Fund Management Co. Ltd grew its stake in Taylor Morrison Home by 1,157.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,987 shares of the construction company’s stock worth $131,000 after buying an additional 1,829 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in Taylor Morrison Home during the third quarter worth approximately $192,000. 95.16% of the stock is owned by hedge funds and other institutional investors.

About Taylor Morrison Home

Taylor Morrison Home Corporation (NYSE:TMHC) is a leading national homebuilder and developer specializing in the design, construction and sale of single-family detached and attached homes. The company’s portfolio spans entry-level, first-time, move-up and active-adult segments, offering buyers a diverse array of architectural styles, floor plans and personalized design options. Through its vertically integrated model, Taylor Morrison manages land acquisition, community development, construction and sales to deliver quality homes and customer-focused experiences across its markets.

The company’s heritage traces back to Morrison Homes, founded in 1977, and Taylor Woodrow, established in 1921 in the United Kingdom.