Shares of Taylor Morrison Home Corporation (TMHC) Rise Above Previous 52-Week High


(MENAFN- Investor Brand Network) Taylor Morrison Home Corporation (NYSE:TMHC) traded today at a new 52-week high of $33.61. This new high was reached on below average trading volume as 208,000 shares traded hands, while the average 30-day volume is approximately 854,000 shares.

Taylor Morrison Home Corporation (NYSE:TMHC) defies analysts with a current price ($33.57) 52.0% above its average consensus price target of $16.10.

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.

In the past 52 weeks, Taylor Morrison Home Corporation share prices are bracketed by a low of $22.64 and a high of $33.61 and is now at $33.57, 48% above that low price.

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