Latest news with #TaylorMorrison
CBS News
11 hours ago
- CBS News
Viral TikTok shows deserted Elk Grove construction site over fears of ICE raid
A TikTok post of a deserted Elk Grove construction site is going viral, after the poster said everyone left because U.S. Immigration and Customs Enforcement was showing up. It comes as ICE raids continue to be rampant across the state and now some immigrants are worried ICE is active in Sacramento. "As an immigrant myself, a refugee from Bosnia, I have a green card and everything, but I am still nervous around here that ICE is just going to come up and take me from my family," said Omer, who works at the same construction development that was in the TikTok. The TikToker said the video was taken at Madeira Ranch, a Taylor Morrison Construction site. CBS Sacramento reached out to Taylor Morrison and is waiting for a response. Omer said what used to be 30 people working on a site is now sometimes 10. "Everybody is scared that ICE is going to come up and snatch them," Omer said. "Everybody is kind of on the lookout." Immigration consultant with Pacific Immigration, Amy Nguyen, said immigrants are the backbone of the California and U.S. economy. She confirmed many are too fearful to show up to work or even leave the house. "Definitely, I see a shortage coming and that will create an increase in pricing for everything," Nguyen said. She believes the impacts will be felt in multiple businesses, from agriculture to construction, and believes both documented and undocumented immigrants are at risk of being detained by ICE. Nguyen's group helps people get their citizenship, green cards and legal status to stay and work in the U.S. She said that the demand has increased four times the amount it was a year ago. "My message would be don't be panicked," Nguyen said. "Find the help. If you're eligible, go do it." Omer said that he has heard of job sites getting visited before or after he shows up to work, but has not personally seen ICE in action. CBS Sacramento reached out to ICE and the Department of Homeland Security and is still waiting for a response.
Yahoo
30-05-2025
- Business
- Yahoo
Mount Dora project with Chick-fil-A, Texas Roadhouse, more gets timeline to open
Editor's note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. A Lake County retail project with several high-profile tenants likely will see its restaurants debut by the end of the year, according to its developer. Andy Hawkins, development partner for Clearwater-based One Oak Development, told Orlando Business Journal restaurant tenants at Mount Dora Groves South — his firm's 17-acre project on the south side of U.S. 441 in Mount Dora near Loch Levin and adjacent Taylor Morrison's large residential project there — should open by the fourth quarter. These include Chick-fil-A, Texas Roadhouse, First Watch and Mission BBQ, plus a to-be-named restaurant concept negotiating for a 3,000-square-foot space. Heartland Dental also is confirmed as a tenant for the project, which is permitted and under construction, along with a Fifth Third Bank and Circle K. Click here to read the full story on the Orlando Business Journal's website. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
CNBC
29-05-2025
- Business
- CNBC
How the American homebuyer, from 50-plus to Gen Z, is changing: Sheryl Palmer, CEO of Taylor Morrison
Older buyers are spending the most, while younger buyers are more concerned about affordability, as the residential real estate market and 'American Dream' continues to evolve after Covid, says Sheryl Palmer, CEO of homebuilder Taylor Morrison.
Yahoo
17-05-2025
- Business
- Yahoo
Taylor Morrison Home Corporation's (NYSE:TMHC) Stock Is Going Strong: Is the Market Following Fundamentals?
Most readers would already be aware that Taylor Morrison Home's (NYSE:TMHC) stock increased significantly by 9.3% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Taylor Morrison Home's ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another way, it reveals the company's success at turning shareholder investments into profits. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Taylor Morrison Home is: 15% = US$909m ÷ US$6.0b (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. That means that for every $1 worth of shareholders' equity, the company generated $0.15 in profit. See our latest analysis for Taylor Morrison Home We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To begin with, Taylor Morrison Home seems to have a respectable ROE. And on comparing with the industry, we found that the the average industry ROE is similar at 15%. Consequently, this likely laid the ground for the impressive net income growth of 23% seen over the past five years by Taylor Morrison Home. However, there could also be other drivers behind this growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. Next, on comparing with the industry net income growth, we found that Taylor Morrison Home's growth is quite high when compared to the industry average growth of 12% in the same period, which is great to see. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Taylor Morrison Home is trading on a high P/E or a low P/E, relative to its industry. Taylor Morrison Home doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above. On the whole, we feel that Taylor Morrison Home's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. That being so, according to the latest industry analyst forecasts, the company's earnings are expected to shrink in the future. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17-05-2025
- Business
- Yahoo
Taylor Morrison Home Corporation's (NYSE:TMHC) Stock Is Going Strong: Is the Market Following Fundamentals?
Most readers would already be aware that Taylor Morrison Home's (NYSE:TMHC) stock increased significantly by 9.3% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Taylor Morrison Home's ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another way, it reveals the company's success at turning shareholder investments into profits. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Taylor Morrison Home is: 15% = US$909m ÷ US$6.0b (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. That means that for every $1 worth of shareholders' equity, the company generated $0.15 in profit. See our latest analysis for Taylor Morrison Home We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To begin with, Taylor Morrison Home seems to have a respectable ROE. And on comparing with the industry, we found that the the average industry ROE is similar at 15%. Consequently, this likely laid the ground for the impressive net income growth of 23% seen over the past five years by Taylor Morrison Home. However, there could also be other drivers behind this growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. Next, on comparing with the industry net income growth, we found that Taylor Morrison Home's growth is quite high when compared to the industry average growth of 12% in the same period, which is great to see. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Taylor Morrison Home is trading on a high P/E or a low P/E, relative to its industry. Taylor Morrison Home doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above. On the whole, we feel that Taylor Morrison Home's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. That being so, according to the latest industry analyst forecasts, the company's earnings are expected to shrink in the future. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
