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Taylor Morrison Home Corp (TMHC.N)

TMHC.N on New York Stock Exchange

19.08USD
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

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

Taylor Morrison Home announces pricing of public offering of class A common stock
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON HOME CORPORATION ANNOUNCES PRICING OF PUBLIC OFFERING OF CLASS A COMMON STOCK, USING PROCEEDS TO PURCHASE INTERESTS FROM ITS EQUITY SPONSORS, AND ADDITIONAL CONCURRENT REPURCHASE FROM ITS EQUITY SPONSORS.‍PRICING OF PREVIOUSLY ANNOUNCED UNDERWRITTEN PUBLIC OFFERING OF 11 MILLION SHARES OF ITS CLASS A COMMON STOCK​.TAYLOR MORRISON HOME - ‍TMM HOLDINGS II TO REPURCHASE AGGREGATE OF $100 MILLION OF ITS PARTNERSHIP UNITS, CORRESPONDING SHARES OF CLASS B COMMON STOCK​.  Full Article

Taylor Morrison Home Says Offering 11 Mln Class A Shares
Wednesday, 3 Jan 2018 

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 

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

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