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Taylor Morrison Home Corp (TMHC.N)

TMHC.N on New York Stock Exchange

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19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Taylor Morrison extends and increases stock repurchase program
Monday, 18 Sep 2017 08:31am EDT 

Sept 18 (Reuters) - Taylor Morrison Home Corp :Taylor Morrison extends and increases stock repurchase program.Taylor Morrison Home Corp - Repurchase program will have $100 million in availability for repurchases through Dec. 31, 2018​.Taylor Morrison Home - ‍repurchase program had earlier been due to expire on Dec. 31, 2017 and had $56.4 million remaining under existing authorization​.  Full Article

Taylor Morrison Home reports Q2 EPS of $0.46
Wednesday, 2 Aug 2017 06:55am EDT 

Aug 2 (Reuters) - Taylor Morrison Home Corp ::Taylor morrison reports second quarter sales per outlet of 2.7, an increase of 29%, sales orders of 2,376, revenue of $908 million and diluted earnings per share of $0.46.Q2 earnings per share $0.46.Q2 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.Q2 revenue $908 million versus I/B/E/S view $850.1 million.Taylor Morrison Home Corp - ‍Q3 home closings are expected to be between 1,875 and 1,975​.Taylor Morrison Home Corp - ‍full year 2017 home closings are expected to be between 7,850 and 8,150​.Taylor Morrison Home - backlog of homes under contract at end of quarter was 4,441 units with sales value of $2.1 billion, representing growth of 22 percent.Taylor Morrison Home Corp - ‍Q3 GAAP home closings gross margin, inclusive of capitalized interest, is expected to be in mid 18% range​.Taylor Morrison Home Corp - FY 2017 ‍land and development spend is expected to be approximately $1 billion​.Taylor Morrison Home - FY home closings gross margin, inclusive of capitalized interest, is expected to be accretive to 2016 and be in mid 18% range​.Taylor morrison home - homebuilding inventories were $3.2 billion at end of quarter, including 5,188 homes in inventory, compared to 4,607 homes a year ago.  Full Article

Taylor Morrison Home announces public offering of class A common stock
Wednesday, 21 Jun 2017 04:38pm EDT 

June 21 (Reuters) - Taylor Morrison Home Corp ::Taylor Morrison Home Corporation announces public offering of class a common stock.Taylor Morrison Home Corp - ‍commencement of an underwritten public offering of 10 million shares of its class A common stock​.Taylor Morrison Home Corp - intends to use net proceeds to buy partnership units in unit, TMM Holdings II Limited partnership.  Full Article

TAYLOR MORRISON HOME CORP ANNOUNCES PUBLIC OFFERING OF CLASS A COMMON STOCK
Monday, 1 May 2017 04:41pm EDT 

May 1 (Reuters) - Taylor Morrison Home Corp :TAYLOR MORRISON HOME CORPORATION ANNOUNCES PUBLIC OFFERING OF CLASS A COMMON STOCK.TAYLOR MORRISON HOME CORP - COMMENCEMENT OF AN UNDERWRITTEN PUBLIC OFFERING OF 10 MILLION SHARES OF ITS CLASS A COMMON STOCK.TAYLOR MORRISON HOME -INTENDS TO USE NET PROCEEDS TO PURCHASE PARTNERSHIP UNITS IN DIRECT SUBSIDIARY TMM HOLDINGS II LIMITED PARTNERSHIP, AMONG OTHERS.  Full Article

Taylor Morrison Home Corp Q1 earnings $0.30/shr
Thursday, 27 Apr 2017 06:55am EDT 

April 27 (Reuters) - Taylor Morrison Home Corp :Taylor Morrison reports first quarter sales orders of 2,425, an increase of 33%, revenue of $769 million and earnings per share of $0.30.Q1 earnings per share $0.30.Taylor Morrison Home Corp qtrly sales per outlet were 2.7, a 35% increase from prior year quarter.Taylor Morrison Home Corp qtrly net sales orders were 2,425, a 33% increase from prior year quarter.Taylor Morrison Home Corp qtrly total revenue was $769 million, a 19% increase from prior year quarter.Taylor Morrison Home Corp - backlog of homes under contract at end of quarter was 3,927 units, growth of 14% from prior year quarter.Taylor Morrison Home Corp- home closings are expected to be between 1,700 to 1,800 for Q2 2017.Taylor Morrison Home- homebuilding inventories $3.1 billion at quarter end, including 4,396 homes in inventory, versus 4,388 homes in inventory at end of prior year quarter.Taylor Morrison Home Corp- home closings are expected to be between 7,600 and 8,100 for full year 2017.Taylor Morrison Home Corp - sees land and development spend is expected to be approximately $1 billion for full year.Q1 earnings per share view $0.28, revenue view $746.4 million -- Thomson Reuters I/B/E/S.Taylor Morrison Home Corp - sees 2017 average active community count is expected to be generally flat relative to 2016.  Full Article

Taylor Morrison names Sheryl Palmer as chairman of board
Wednesday, 19 Apr 2017 04:15pm EDT 

April 19 (Reuters) - Taylor Morrison Home Corp ::Taylor Morrison names Sheryl Palmer as chairman of the board and appoints lead independent director.Taylor Morrison Home corp says Timothy R. Eller who has shared his plans to retire from board at conclusion of his current term ending May 31, 2017.Taylor Morrison Home Corp says Peter Lane, has been appointed as board's lead independent director.  Full Article

Taylor Morrison Home files for potential mixed
Wednesday, 22 Mar 2017 09:00am EDT 

Taylor Morrison Home Corp :Taylor Morrison Home Corp files for potential mixed shelf; size undisclosed - SEC filing.  Full Article

Taylor Morrison public offering of 10 mln class A shares priced at $19 per share
Tuesday, 31 Jan 2017 08:31pm EST 

Taylor Morrison Home Corp : Says public offering of 10 million class a shares priced at $19per share . Taylor morrison home corporation announces pricing of public offering of common stock Further company coverage: [TMHC.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Taylor Morrison extends and increases stock repurchase program
Monday, 29 Aug 2016 04:15pm EDT 

Taylor Morrison Home Corp : Taylor morrison extends and increases stock repurchase program . Board of directors has authorized an extension of its stock repurchase program until december 31, 2017 . Board authorized repurchase of up to an additional $50 million of company's class a common stock .Program now permits repurchase of up to $57 million of company's class a common stock.  Full Article

Taylor Morrison Q2 earnings per share $0.37
Wednesday, 3 Aug 2016 06:55am EDT 

Taylor Morrison Home Corp : Q2 earnings per share $0.37 . Q2 revenue $854 million . Q2 earnings per share view $0.33, revenue view $793.6 million -- Thomson Reuters I/B/E/S . Backlog of homes under contract at end of quarter was 3,642 units, with a sales value of $1.8 billion . Sees Q3 2016 home closings-expected to be between 1,700 and 1,800 . Homebuilding inventories were $3.2 billion at quarter-end with 4,607 homes in inventory, versus 4,206 homes at end of prior year quarter . Quarterly home closings revenue was $830 million, a 22 percent increase from prior year quarter . Quarterly net sales orders increased 8 percent from prior year quarter to 2,025 .Sees full Year 2016 home closings year-over-year growth expected to be between 10 percent and 15 percent.  Full Article