|Bid||22.96 x 900|
|Ask||22.97 x 900|
|Day's Range||22.62 - 23.11|
|52 Week Range||15.03 - 28.00|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||11.98|
|Earnings Date||Feb 11, 2020 - Feb 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||28.67|
NEW YORK, Nov. 11, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
A series of land deals in recent weeks with more in the offing, involving several homebuilders, suggests there are plenty of new rooftops planned for what’s now being called Folsom Ranch.
NEW YORK , Nov. 8, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of William Lyon Homes ("WLH" or ...
Moody's Investors Service ("Moody's") placed the ratings of William Lyon Homes, Inc.'s ("Lyon") under review for upgrade following the announcement that Taylor Morrison Homes Corporation ("TMHC") has entered into a definitive agreement to acquire Lyon. The ratings placed under review include Lyon's B2 Corporate Family Rating, B2-PD Probability of Default Rating, and the B2 senior unsecured ratings on the notes of Lyon and WLH PNW Finance Corp. The company's SGL-2 Speculative Grade Liquidity Rating is unchanged. On November 6, 2019, TMHC announced that it had entered into a definitive agreement to acquire William Lyon Homes for approximately $2.4 billion, purchasing all outstanding shares of Lyon and assuming all of its debt in the amount of $1.4 billion.
Moody's Investors Service ("Moody's") has affirmed all ratings of Taylor Morrison Communities, Inc., including the Ba3 Corporate Family Rating and the Ba3 rating on the company's senior unsecured notes, following the company's announcement that it will acquire all of the outstanding shares of William Lyon Homes common stock. The affirmation of the company's Ba3 corporate family rating reflects the acquisition's modest strain on Taylor Morrison's financial profile, while enhancing the company's overall business profile. Moody's expects that leverage will decline to below 50% within the 12 months following the transaction through a combination of organic growth and debt reduction.
The acquisition of William Lyon will expand Taylor Morrison's (TMHC) footprint in Pacific Northwest and Nevada, as well as increase its market share in Colorado, Arizona, Texas and California.
Taylor Morrison Home plunged after announcing it is buying William Lyon Home for $2.4 billion, marking its sixth builder acquisition in seven years.
NEW YORK, Nov. 06, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Taylor Morrison Home Corporation.
NEW YORK , Nov. 6, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by William Lyon Homes (NYSE: WLH) and its board of directors concerning the proposed acquisition ...
If the acquisition goes through, Valley-based Taylor Morrison will be able to expand into new markets and the combined company will be one of the largest homebuilders in the U.S.
Taylor Morrison Home Corp on Wednesday agreed to buy smaller rival William Lyon Homes for more than $800 million in cash and stock, creating the fifth-biggest homebuilder in the United States. The offer of $21.45 per share represents a premium of 16.7% to William Lyon's Tuesday close and is valued at $2.4 billion including debt. Following the deal, Taylor Morrison said its stockholders will own about 77% of the combined company, with William Lyon shareholders holding the remaining interest.
Taylor Morrison Home Corporation (TMHC), a leading national homebuilder and developer, and William Lyon Homes (WLH), one of the nation's largest homebuilders in the Western United States, today announced they have entered into a definitive agreement pursuant to which Taylor Morrison will acquire all of the outstanding shares of William Lyon Homes common stock for per share consideration of (1) $2.50 in cash and (2) 0.800 shares of Taylor Morrison common stock, implying a company value for William Lyon Homes of $21.45 per share or $2.4 billion including assumption of debt, yielding an attractive purchase price multiple of 1x book. The transaction consideration mix consists of approximately 90 percent Taylor Morrison stock and 10 percent cash. Based on current trading, Taylor Morrison stockholders will own approximately 77 percent of the combined company while William Lyon Homes stockholders will own approximately 23 percent.
This roundup of business news from around Central Florida includes leases, sales, contracts and more.
It may seem counter-intuitive but home builder stocks are a strong cyclical buy, according to several analysts citing multiple data points, and they’re also a seasonal play for late October into early November.
In 2012 Sheryl Palmer was appointed CEO of Taylor Morrison Home Corporation (NYSE:TMHC). First, this article will...
Taylor Morrison (TMHC) delivered earnings and revenue surprises of 0.00% and -1.86%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
SCOTTSDALE, Ariz. , Oct. 30, 2019 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC) today reported third quarter total revenue of $1.1 billion and GAAP home closings gross margin of 18.5 percent, ...
Consistent job growth, Fed's dovish stance and infrastructural projects will reflect in the construction sector's Q3 results despite headwinds.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […]