Taylor Morrison Reports First Quarter 2026 Results [TheStreet.com]
Taylor Morrison Home Corporation (TMHC)
Last taylor morrison home corporation earnings: 2/5 06:55 am
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Source: TheStreet.com
SCOTTSDALE, Ariz. April 22, 2026 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC), a leading national community developer and homebuilder, announced results for the first quarter ended March 31, 2026. For the first quarter, reported net income was $99 million, or $1.01 per diluted share, while adjusted net income was $109 million, or $1.12 per diluted share. First Quarter 2026 Highlights Home closings revenue of $1.3 billion 2,268 closings at an average sales price of $578,000 Home closings gross margin of 20.0%; adjusted home closings gross margin of 20.6% SG&A ratio of 11.4% of home closings revenue Net sales orders of 2,914 at an average selling price of $603,000 Monthly net sales pace of 2.7 per community Sales order backlog of 3,465 homes with a sales value of $2.3 billion 75,626 homebuilding lots owned and controlled; 51% controlled off balance sheet Homebuilding land and development investment of $503 million Repurchased approximately 2.5 million
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News
- Taylor Morrison Home (NYSE:TMHC) Beats Expectations in Strong Q1 CY2026 [Yahoo! Finance]Yahoo! Finance
- Taylor Morrison Reports First Quarter 2026 ResultsPR Newswire
- What To Expect From Taylor Morrison Home's (TMHC) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Taylor Morrison Home (TMHC) had its price target lowered by Bank of America Corporation from $72.00 to $68.00. They now have a "neutral" rating on the stock.MarketBeat
- Taylor Morrison Home (TMHC) was given a new $80.00 price target by Truist Financial Corporation.MarketBeat