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Taylor Morrison Home Corp (TMHC.N)

TMHC.N on New York Stock Exchange

22.08USD
23 May 2018
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Latest Key Developments (Source: Significant Developments)

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
Friday, 12 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
Friday, 12 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
Thursday, 4 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

Taylor Morrison extends and increases stock repurchase program
Tuesday, 30 Aug 2016 

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 

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

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