Taylor Morrison Home (NYSE:TMHC) Announces Earnings Results, Beats Expectations By $0.30 EPS

Taylor Morrison Home (NYSE:TMHC) issued its quarterly earnings data on Wednesday. The construction company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.30, FiscalAI reports. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Taylor Morrison Home had a net margin of 9.63% and a return on equity of 13.50%. Taylor Morrison Home’s revenue for the quarter was down 26.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.07 earnings per share.

Here are the key takeaways from Taylor Morrison Home’s conference call:

• Taylor Morrison delivered 2,268 home closings in Q1 at an average price of $578,000, generating roughly $1.3B in revenue, an adjusted home closings gross margin of 20.6%, and adjusted EPS of $1.12.
• The sales mix improved as to‑be‑built orders rose to 38% (from 28%), backlog grew 23% to 3,465 homes, and finished spec inventory declined 30%, supporting margin recovery as to‑be‑built sales convert.
• Management reaffirmed full‑year 2026 guidance (~11,000 closings at an average closing price of $580–590k), repurchased $150M of stock in Q1 and is targeting another $400M, signaling disciplined capital allocation.
• The company controls 75,626 lots (51% off‑balance‑sheet) and plans roughly $2B of 2026 land/development spend while using a mix of seller financing, JVs, options and limited land banking (~13% of lots), which manages risk but increases capital complexity.
• Technology and AI adoption is boosting efficiency and sales engagement — the reservation platform recorded >1,000 reservations (58% conversion), AI interactions totaled 2.4M in Q1, and online sales appointments exceeded 11,000, with lower incremental tech spend.

Taylor Morrison Home Price Performance

TMHC stock traded down $0.68 during midday trading on Thursday, reaching $64.33. 83,968 shares of the stock were exchanged, compared to its average volume of 1,180,995. The stock has a market capitalization of $6.20 billion, a PE ratio of 8.29, a P/E/G ratio of 1.54 and a beta of 1.58. Taylor Morrison Home has a 52 week low of $54.58 and a 52 week high of $72.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 7.31 and a quick ratio of 1.55. The company has a fifty day moving average price of $61.49 and a 200 day moving average price of $61.46.

More Taylor Morrison Home News

Here are the key news stories impacting Taylor Morrison Home this week:

• Positive Sentiment: Q1 beat — TMHC reported EPS of $1.12 vs. consensus $0.82 and revenue of $1.39B vs. $1.33B, showing the company beat Street estimates on both earnings and sales. Taylor Morrison Home (NYSE:TMHC) Beats Expectations in Strong Q1 CY2026
• Positive Sentiment: Reaffirmed full‑year targets and shareholder return — management reaffirmed ~11,000 closings for 2026 and an approximately $400M buyback program, which supports earnings per share and signals confidence in cash flow. Taylor Morrison reaffirms 2026 guidance…
• Neutral Sentiment: Shift in product mix — to‑be‑built (spec) homes rose to a 38% mix, which can boost margin and sell‑through if demand holds but increases inventory/execution exposure. Taylor Morrison reaffirms 2026 guidance…
• Neutral Sentiment: Management commentary available — the full earnings call transcript provides detail on backlog, cancellations, pricing and build cadence that investors will parse for signs of sustainable demand. Q1 2026 Earnings Call Transcript
• Negative Sentiment: Revenue and EPS down vs. prior year — revenue was down ~26.8% year‑over‑year and EPS declined materially from last year’s level, highlighting ongoing volume weakness despite the quarter’s beat. MarketBeat Q1 results summary
• Negative Sentiment: Analyst caution — at least one major bank has lowered expectations/price targets following the report, which can cap upside until there’s clearer evidence of durable demand recovery. Bank of America lowers expectations

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TMHC. Seaport Research Partners reissued a “sell” rating and set a $49.00 price target (down from $85.00) on shares of Taylor Morrison Home in a report on Tuesday, April 7th. Zacks Research lowered Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Truist Financial reduced their price objective on Taylor Morrison Home from $85.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, April 16th. Bank of America reduced their price objective on Taylor Morrison Home from $72.00 to $68.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Weiss Ratings lowered Taylor Morrison Home from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 20th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Taylor Morrison Home presently has a consensus rating of “Moderate Buy” and an average price target of $77.33.

Institutional Investors Weigh In On Taylor Morrison Home

A number of institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its position in shares of Taylor Morrison Home by 0.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,401,801 shares of the construction company’s stock valued at $376,876,000 after buying an additional 57,326 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Taylor Morrison Home by 67.6% in the 4th quarter. AQR Capital Management LLC now owns 3,710,885 shares of the construction company’s stock valued at $218,274,000 after buying an additional 1,497,329 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in shares of Taylor Morrison Home by 2.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,398,394 shares of the construction company’s stock valued at $141,194,000 after buying an additional 60,236 shares during the last quarter. Morgan Stanley grew its position in shares of Taylor Morrison Home by 10.4% in the 4th quarter. Morgan Stanley now owns 1,973,433 shares of the construction company’s stock valued at $116,176,000 after buying an additional 185,381 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Taylor Morrison Home by 360.1% in the 3rd quarter. Alliancebernstein L.P. now owns 1,284,221 shares of the construction company’s stock valued at $84,771,000 after buying an additional 1,005,116 shares during the last quarter. Institutional investors own 95.16% of the company’s stock.

Taylor Morrison Home Company Profile

Taylor Morrison Home Corporation (NYSE:TMHC) is a leading national homebuilder and developer specializing in the design, construction and sale of single-family detached and attached homes. The company’s portfolio spans entry-level, first-time, move-up and active-adult segments, offering buyers a diverse array of architectural styles, floor plans and personalized design options. Through its vertically integrated model, Taylor Morrison manages land acquisition, community development, construction and sales to deliver quality homes and customer-focused experiences across its markets.

The company’s heritage traces back to Morrison Homes, founded in 1977, and Taylor Woodrow, established in 1921 in the United Kingdom.