Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. More Details
Undervalued with high growth potential.
Share Price & News
How has Taylor Morrison Home's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TMHC has not had significant price volatility in the past 3 months.
7 Day Return
US Consumer Durables
1 Year Return
US Consumer Durables
Return vs Industry: TMHC underperformed the US Consumer Durables industry which returned 8.7% over the past year.
Return vs Market: TMHC underperformed the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is Taylor Morrison Home's share price compared to the market and industry in the last 5 years?
Simply Wall St News
19 hours ago | Simply Wall StTaylor Morrison Home Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
1 week ago | Simply Wall StTaylor Morrison Home Corporation (NYSE:TMHC) Shares Could Be 30% Below Their Intrinsic Value Estimate
3 weeks ago | Simply Wall StIf You Had Bought Taylor Morrison Home (NYSE:TMHC) Shares Five Years Ago You'd Have Earned 32% Returns
Is Taylor Morrison Home undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TMHC ($22.55) is trading below our estimate of fair value ($38.55)
Significantly Below Fair Value: TMHC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TMHC is poor value based on its PE Ratio (13.5x) compared to the US Consumer Durables industry average (13x).
PE vs Market: TMHC is good value based on its PE Ratio (13.5x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: TMHC is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: TMHC is good value based on its PB Ratio (0.8x) compared to the US Consumer Durables industry average (1.5x).
How is Taylor Morrison Home forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TMHC's forecast earnings growth (46.1% per year) is above the savings rate (2.2%).
Earnings vs Market: TMHC's earnings (46.1% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TMHC's revenue (20.8% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: TMHC's revenue (20.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TMHC's Return on Equity is forecast to be low in 3 years time (15.3%).
How has Taylor Morrison Home performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TMHC has a large one-off loss of $73.5M impacting its September 30 2020 financial results.
Growing Profit Margin: TMHC's current net profit margins (3.4%) are lower than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: TMHC's earnings have grown significantly by 32.6% per year over the past 5 years.
Accelerating Growth: TMHC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TMHC had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Consumer Durables industry average (20%).
Return on Equity
High ROE: TMHC's Return on Equity (5.9%) is considered low.
How is Taylor Morrison Home's financial position?
Financial Position Analysis
Short Term Liabilities: TMHC's short term assets ($6.6B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: TMHC's short term assets ($6.6B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: TMHC's debt to equity ratio (89.5%) is considered high.
Reducing Debt: TMHC's debt to equity ratio has increased from 88.5% to 89.5% over the past 5 years.
Debt Coverage: TMHC's debt is not well covered by operating cash flow (18%).
Interest Coverage: TMHC earns more interest than it pays, so coverage of interest payments is not a concern.
What is Taylor Morrison Home current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TMHC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TMHC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TMHC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TMHC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TMHC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sheryl Palmer (58 yo)
Ms. Sheryl D. Palmer has been the Chief Executive Officer and President of Taylor Morrison Inc. at Monarch Development Corporation since August 2007. Ms. Palmer has been Chief Executive Officer of Taylor M ...
CEO Compensation Analysis
Compensation vs Market: Sheryl's total compensation ($USD8.30M) is above average for companies of similar size in the US market ($USD5.63M).
Compensation vs Earnings: Sheryl's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP & CFO||8yrs||US$3.17m||0.061% |
|Executive VP||11.33yrs||US$2.42m||0.072% |
|Chief Accounting Officer||6.08yrs||no data||0% |
|Vice President of Investor Relations||no data||no data||no data|
|Chief Communications Officer||2.75yrs||no data||no data|
|Executive VP & President of Mortgage Operations||3.5yrs||US$2.50m||no data|
|Chief Strategy Officer & Executive VP||4.42yrs||no data||no data|
|President of Charlotte Division||no data||no data||no data|
|President of Tampa Division||1.33yrs||no data||no data|
|Regional President||no data||no data||no data|
|Division President of Darling Homes Dallas & Division President for Taylor Morrison's Local Ops||3.75yrs||no data||no data|
Experienced Management: TMHC's management team is considered experienced (4.4 years average tenure).
|Independent Director||7.33yrs||US$265.01k||0.0038% |
|Independent Director||6.58yrs||US$255.84k||0.030% |
|Independent Director||2.25yrs||US$224.17k||0% |
|Independent Director||0.58yr||no data||0.014% |
|Independent Director||0.58yr||no data||3.15% |
|Lead Independent Director||3.42yrs||US$280.01k||0% |
|Independent Director||2.25yrs||US$224.17k||0% |
|Independent Director||1.58yrs||US$217.92k||0.0054% |
Experienced Board: TMHC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TMHC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.2%.
Taylor Morrison Home Corporation's company bio, employee growth, exchange listings and data sources
- Name: Taylor Morrison Home Corporation
- Ticker: TMHC
- Exchange: NYSE
- Founded: 1936
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$2.925b
- Shares outstanding: 129.69m
- Website: https://www.taylormorrison.com
Number of Employees
- Taylor Morrison Home Corporation
- 4900 North Scottsdale Road
- Suite 2000
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TMHC||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Apr 2013|
|THM||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Apr 2013|
Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single-family and multi-family attached and d ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 03:51|
|End of Day Share Price||2020/10/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.