Taylor Morrison to Update Financial Targets and Introduce Long-Term Growth Aspirations at Today's Investor Day [Yahoo! Finance]
Taylor Morrison Home Corporation (TMHC)
Last taylor morrison home corporation earnings: 2/5 06:55 am
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Source: Yahoo! Finance
Taylor Morrison (PRNewsFoto/Taylor Morrison) (PRNewsfoto/Taylor Morrison) The previously-announced event will feature presentations by Taylor Morrison's executive leadership team on the Company's long-term strategic vision and guest speaker Ali Wolf , Chief Economist at Zonda, on the state of the housing market. In-person attendees will also join a tour of Taylor Morrison communities and experience its award-winning Esplanade resort lifestyle offerings. At the event, the Company is providing an update to its multi-year financial targets and introducing its longer-term growth ambitions through 2028, including: At least 10% annual home closings growth Approximately 20,000 annual home closings by 2028 Low-to-mid 20% home closings gross margin Low-three range annualized monthly sales pace Mid-to-high 8% SG&A as a percentage of home closings revenue At least 65% of homebuilding lots controlled High-teen range return on equity "Following years of intentional strategic p
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