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Taylor Morrison Home Corp (TMHC.N)

TMHC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Taylor Morrison Home announces pricing of public offering of Class A common stock
Thursday, 11 Jan 2018 11:53pm EST 

Jan 11 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON HOME CORPORATION ANNOUNCES PRICING OF PUBLIC OFFERING OF CLASS A COMMON STOCK AND ADDITIONAL CONCURRENT REPURCHASE FROM ITS EQUITY SPONSORS.TAYLOR MORRISON HOME CORP SAYS ‍ANNOUNCED PRICING OF UNDERWRITTEN PUBLIC OFFERING OF 19.2 MILLION SHARES OF ITS CLASS A COMMON STOCK​.TAYLOR MORRISON-‍EXISTING $100 MILLION REPURCHASE AUTHORIZATION UNDER CO'S STOCK REPURCHASE PROGRAM WILL NOT BE REDUCED BY SPONSOR EQUITY REPURCHASE​.TAYLOR MORRISON HOME - ‍AGREED TO PURCHASE ADDITIONAL 3.7 MILLION PARTNERSHIP UNITS AND CORRESPONDING SHARES OF CLASS B COMMON STOCK FROM EQUITY SPONSORS​.  Full Article

Taylor Morrison Home Corp - Preliminary Total Revenue For Year Ended Dec 31 Was $3.89 Bln
Thursday, 11 Jan 2018 06:32pm EST 

Jan 11 (Reuters) - Taylor Morrison Home Corp ::- PRELIMINARY TOTAL REVENUE FOR YEAR ENDED DECEMBER 31, 2017 WAS $3.89 BILLION COMPARED TO $3.55 BILLION.- PRELIMINARY TOTAL GROSS MARGIN FOR YEAR ENDED DECEMBER 31, 2017 WAS $738.9 MILLION, COMPARED TO $680.3 MILLION.FY2017 REVENUE VIEW $3.85 BILLION -- THOMSON REUTERS I/B/E/S.TAYLOR MORRISON HOME - ‍PRELIMINARY HOME CLOSINGS REVENUE FOR YEAR ENDED DEC 31, 2017 WAS $3.80 BILLION VERSUS $3.43 BILLION FOR YEAR ENDED DEC 31, 2016​.- PRELIMINARY NET SALES ORDERS FOR YEAR ENDED DECEMBER 31, 2017 WERE 8,397 COMPARED TO 7,504 IN PRIOR YEAR.TAYLOR MORRISON HOME - HAD PRELIMINARY BACKLOG OF 3,496 UNITS AT DEC 31, 2017 VERSUS 3,131 UNITS AT DECEMBER 31, 2016​.TAYLOR MORRISON HOME SAYS ‍PRELIMINARY HOME CLOSINGS FOR YEAR ENDED DECEMBER 31, 2017 WERE APPROXIMATELY 8,032​ - SEC FILING.  Full Article

Taylor Morrison Home Corp Announces Public Offering Of Class A Common Stock
Thursday, 11 Jan 2018 04:26pm EST 

Jan 11 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON HOME CORPORATION ANNOUNCES PUBLIC OFFERING OF CLASS A COMMON STOCK AND ADDITIONAL CONCURRENT REPURCHASE FROM ITS EQUITY SPONSORS.TAYLOR MORRISON HOME CORP - ‍COMMENCEMENT OF AN UNDERWRITTEN PUBLIC OFFERING OF 19,.2 MILLION SHARES OF ITS CLASS A COMMON STOCK​.TAYLOR MORRISON HOME CORP-‍INTENDS TO PURCHASE ADDITIONAL 3.75 MILLION PARTNERSHIP UNITS, CORRESPONDING SHARES OF CLASS B COMMON STOCK FROM EQUITY SPONSORS​.TAYLOR MORRISON - INTENDS TO USE NET PROCEEDS TO BUY PARTNERSHIP UNITS IN TMM HOLDINGS II LIMITED PARTNERSHIP & SHARES OF CO'S CLASS B COMMON STOCK.  Full Article

Taylor Morrison Home Says Offering 11 Mln Class A Shares
Wednesday, 3 Jan 2018 04:42pm EST 

Jan 3 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON HOME CORPORATION ANNOUNCES PUBLIC OFFERING OF CLASS A COMMON STOCK, USING PROCEEDS TO PURCHASE INTERESTS FROM ITS EQUITY SPONSORS, AND ADDITIONAL CONCURRENT REPURCHASE FROM ITS EQUITY SPONSORS.TAYLOR MORRISON HOME - OFFERING 11 MILLION CLASS A SHARES.TAYLOR MORRISON HOME - TO USE PROCEEDS FROM OFFERING TO BUY PARTNERSHIP UNITS IN TMM HOLDINGS II LIMITED PARTNERSHIP.TAYLOR MORRISON-TMM HOLDINGS INTENDS TO REPURCHASE $100 MILLION OF ITS PARTNERSHIP UNITS,CORRESPONDING SHARES OF CLASS B COMMON STOCK FROM EQUITY SPONSORS.TAYLOR MORRISON HOME - ‍ALSO SAID IT WAS INCREASING SIZE OF PREVIOUSLY ANNOUNCED STOCK REPURCHASE PROGRAM THROUGH DECEMBER 31, 2018 TO $200 MILLION​.TAYLOR MORRISON HOME - TO ALSO USE PROCEEDS FROM OFFERING TO BUY ITS CLASS B SHARES HELD BY CURRENT EQUITY SPONSORS.  Full Article

Taylor Morrison Q3 earnings per share $0.45
Wednesday, 1 Nov 2017 06:55am EDT 

Nov 1 (Reuters) - Taylor Morrison Home Corp ::Taylor Morrison reports third quarter earnings per share of $0.45, year-over-year growth in closings and net income of $54 million.Q3 earnings per share $0.45.Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Q3 revenue $908 million versus I/B/E/S view $906.3 million.Taylor morrison home - ‍backlog units at end of quarter were 4,359 with a sales value of $2.1 billion, a 13 pct increase from prior year quarter​.Taylor Morrison Home Corp - qtrly ‍home closings were 1,842, a 6 pct increase from prior year quarter​.Taylor Morrison Home - ‍impact from hurricanes reduced number of closings in Q3 by about 130, equating to roughly four cents of EPS​.Taylor Morrison Home Corp -for FY 2017, ‍land and development spend is expected to be approximately $1 billion​.Taylor Morrison Home Corp - ‍continue to believe full-year home closings margin will be accretive year-over-year​.Taylor Morrison Home Corp - for FY 2017, ‍home closings remains unchanged but on lower end of range at 7,850 ​.Taylor Morrison Home-due to hurricanes, about 40 percent of co's communities were closed for 5-7 days & experienced 3 to 4 weeks of delays in deliveries.  Full Article

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

BRIEF-Taylor Morrison Reports Q1 Earnings Per Share $0.41

* TAYLOR MORRISON REPORTS FIRST QUARTER SALES PACE OF 2.8 AND EARNINGS PER SHARE OF $0.41