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Taylor Morrison Home Corporation (TMHC) operates as a public homebuilder in the United States. 
The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities.
It also develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name; and offers title insurance and closing settlement services, as well as financial services.
In addition, the company operates under the Taylor Morrison, Darling Homes Collection by Taylor Morrison, and Esplanade brand names in Arizona, California, Colorado, Florida, Georgia, Nevada, North and South Carolina, Oregon, Texas, and Washington.
Shares have formed a bullish "cup and handle" and are expected to move higher from this formation. On April 26th, TMHC reported 1st Quarter March 2023 earnings of $1.74 per share on revenue of $1.7 billion. The consensus earnings estimate was $1.29 per share on revenue of $1.5 billion.
The company said it expects second quarter revenue of $1.64 billion to $1.71 billion and 2023 revenue of $6.25 billion to $6.88 billion. The prior consensus revenue estimate is $1.54 billion for the quarter ending June 30, 2023 and revenue of $6.45 billion for the year ending December 31, 2023.
Entry Point: $48.50
Stop Loss: $45.50
Trading Range: $22.64 - $49.19
Target Price: $53.00
