Wells Fargo (NYSE:WFC) analyst Deepa Raghavan maintained a Hold rating on Taylor Morrison (NYSE:TMHC) on Monday, setting a price target of $31, which is approximately 5.66% below the present share price of $32.86.
Raghavan expects Taylor Morrison to post earnings per share (EPS) of $1.35 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Taylor Morrison, with an average price target of $38.
The analysts price targets range from a high of $42 to a low of $31.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.86 billion and a net profit of $224.84 million. The company's market cap is $4.04 billion.
According to TipRanks.com, Wells Fargo analyst Deepa Raghavan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.6% and a 82.76% success rate.
Taylor Morrison Home Corp. engages in the business of residential homebuilding and the development of lifestyle communities. It operates through the following segments: East, Central, West, and Financial Services. The East segment includes operations in Atlanta, Charlotte, Chicago, Orlando, Raleigh, Southwest Florida, and Tampa regions. The Central segment consists of Austin, Dallas, Denver, and Houston. The West segment covers Bay Area, Phoenix, Sacramento, and Southern California. The Financial Services segment provides a number of finance-related services through mortgage lending operations. The company was founded on November 15, 2012 and is headquartered in Scottsdale, AZ.