Shares of Taylor Morrison Home Corporation (NYSE:TMHC) traded today at $34.91, eclipsing its 52-week high. Approximately 66,000 shares have changed hands today, as compared to an average 30-day volume of 820,000 shares.
In the past 52 weeks, shares of Taylor Morrison Home Corporation have traded between a low of $22.64 and a high of $34.91 and is now at $34.32, which is 52% above that low price.
Taylor Morrison Home Corporation (NYSE:TMHC) is currently priced 53.6% above its average consensus analyst price target of $15.92.
Taylor Morrison Home is an American residential construction company that builds single-family homes and communities throughout California, Arizona, Texas, Illinois, Colorado, Florida, Georgia, and North Carolina. Taylor Morrison also reports via a mortgage operations segment that provides financing services for its homebuyers. It constructs various types of single-family homes, from entry-level to luxury move-up homes, as well as active adult communities. The majority of the company’s revenue is derived from its construction projects, with the West and central operating regions leading the way.
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