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Taylor Morrison Home Corp (TMHC.N)

TMHC.N on New York Stock Exchange

21.93USD
19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Taylor Morrison Announces Proposed Senior Unsecured Notes Offering
Thursday, 18 Jul 2019 

July 18 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON ANNOUNCES PROPOSED SENIOR UNSECURED NOTES OFFERING.TAYLOR MORRISON HOME CORP - TAYLOR MORRISON COMMUNITIES INTENDS TO OFFER $425.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2028.TAYLOR MORRISON HOME - TAYLOR MORRISON COMMUNITIES PLANS TO USE OFFERING PROCEEDS WITH CASH ON HAND TO REDEEM ITS 6.625% SENIOR NOTES DUE 2022.  Full Article

Taylor Morrison Reports Fiscal Year 2018 Closings Of 8,760, An Increase Of 9 Percent Over Prior Year
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON REPORTS FISCAL YEAR 2018 CLOSINGS OF 8,760, AN INCREASE OF 9% OVER THE PRIOR YEAR, AND DILUTED EARNINGS PER SHARE OF $1.83, OR $2.65 WHEN ADJUSTED TO EXCLUDE UNUSUAL ITEMS.TOTAL REVENUE $1.46 BILLION VERSUS $1.30 BILLION.TAYLOR MORRISON HOME SEES Q1 2019 HOME CLOSINGS TO BE ABOUT 1,800 TO 1,900.Q1 HOME CLOSINGS ARE EXPECTED TO BE ABOUT 1,800 TO 1,900.Q1 2019 AVERAGE ACTIVE COMMUNITY COUNT IS EXPECTED TO BE APPROXIMATELY 350 TO 360.QTRLY EARNINGS PER SHARE $0.08.QTRLY ADJUSTED EARNINGS PER SHARE $0.86.TAYLOR MORRISON HOME - CONDITIONS INDUSTRY SAW DURING BACK HALF OF 2018, LED MANY POTENTIAL BUYERS TO TAKE A WAIT AND SEE APPROACH."CURRENT NEW HOME SALES ENVIRONMENT HAS BEST BEEN DESCRIBED AS A BREAK IN MOMENTUM AS INDUSTRY FINDS ITS NEW NORMAL".Q4 EARNINGS PER SHARE VIEW $0.39, REVENUE VIEW $1.45 BILLION -- REFINITIV IBES DATA.  Full Article

Taylor Morrison Home Says Entered Into A Certain 364-Day Credit Agreement In Respect Of A Term Loan Facility Of $200 Mln
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON HOME - ENTERED INTO A CERTAIN 364-DAY CREDIT AGREEMENT IN RESPECT OF A TERM LOAN FACILITY OF $200 MILLION - SEC FILING.TAYLOR MORRISON HOME - 364-DAY CREDIT AGREEMENT MATURES ON OCTOBER 1, 2019.  Full Article

Taylor Morrison Announces Close Of AV Homes Acquisition
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON ANNOUNCES CLOSE OF AV HOMES ACQUISITION WITH CLEAR VISION FOR GROWTH IN TOP HOUSING MARKETS.TAYLOR MORRISON HOME CORP - NEWLY COMBINED ORGANIZATION EXPECTED TO GENERATE APPROXIMATELY $5 BILLION IN REVENUE IN 2018.TAYLOR MORRISON HOME - ACQUISITION OF AV HOMES INCREASES TAYLOR MORRISON'S WORKFORCE BY ABOUT 20 PERCENT.  Full Article

Taylor Morrison Q2 Earnings Per Share $0.52
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON REPORTS SECOND QUARTER CLOSINGS OF 1,992, AN INCREASE OF 7% OVER THE PRIOR YEAR, AND EARNINGS PER SHARE OF $0.52.Q2 EARNINGS PER SHARE $0.52.Q2 EARNINGS PER SHARE VIEW $0.49 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $981 MILLION VERSUS I/B/E/S VIEW $923.7 MILLION.FOR Q2, NET SALES ORDERS 2,342 WITH AVERAGE COMMUNITY COUNT OF 297.ENDED QUARTER WITH 4,742 UNITS IN BACKLOG, A YOY INCREASE OF 7 PERCENT.TAYLOR MORRISON HOME - SEES Q3 HOME CLOSINGS ARE EXPECTED TO BE BETWEEN 2,050 TO 2,150.SEES 2018 HOME CLOSINGS BETWEEN 8,400 AND 8,800.SEES FULL YEAR 2018 LAND AND DEVELOPMENT SPEND APPROXIMATELY $1.1 BILLION.TAYLOR MORRISON HOME - HOMEBUILDING INVENTORIES WERE $3.2 BILLION AT END OF QUARTER, INCLUDING 5,599 HOMES IN INVENTORY.TAYLOR MORRISON HOME - ENDED QUARTER WITH 4,742 UNITS IN BACKLOG, A YEAR-OVER-YEAR INCREASE OF 7 PERCENT.  Full Article

Taylor Morrison Home Says TMC, Other Units Enter Amendment No. 6 To Second Amended, Restated Credit Agreement
Monday, 2 Jul 2018 

July 2 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON HOME SAYS TMC, OTHER UNITS ENTER AMENDMENT NO. 6 TO SECOND AMENDED, RESTATED CREDIT AGREEMENT, DATED AS OF JULY 13, 2011 - SEC FILING.TAYLOR MORRISON HOME CORP - AMENDMENT INCREASES THE COMMITMENTS UNDER THE CREDIT AGREEMENT TO $600.0 MILLION.  Full Article

Taylor Morrison To Acquire AV Homes
Thursday, 7 Jun 2018 

June 7 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON ANNOUNCES AGREEMENT TO ACQUIRE AV HOMES AT $21.50 PER SHARE.TAYLOR MORRISON HOME CORP - ACQUISITION PRICE OF APPROXIMATELY $490 MILLION.TAYLOR MORRISON HOME CORP - EXPECT $30 MILLION IN ANNUALIZED SYNERGIES FROM ACQUISITION.TAYLOR MORRISON HOME CORP - ON A PRO FORMA BASIS, AV HOMES STOCKHOLDERS ARE EXPECTED TO OWN UP TO APPROXIMATELY 10% OF COMBINED COMPANY.TAYLOR MORRISON HOME - WILL ACQUIRE ALL OUTSTANDING SHARES OF AV HOMES AT $21.50 PER SHARE IN CASH AND STOCK DEAL VALUED AT APPROXIMATELY $963 MILLION.TAYLOR MORRISON HOME CORP - TPG CAPITAL, HOLDER OF ABOUT 40% AV HOMES COMMON STOCK, AGREED TO VOTE ALL ITS AV HOMES SHARES IN FAVOR OF DEAL.TAYLOR MORRISON HOME - WILL BUY OUTSTANDING SHARES OF AV HOMES AT $21.50/SHARE IN CASH & STOCK DEAL VALUED (INCLUDING OUTSTANDING AV HOMES DEBT) AT ABOUT $963 MILLION.  Full Article

Taylor Morrison Home announces pricing of public offering of Class A common stock
Friday, 12 Jan 2018 

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 

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 

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