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In a recent 8K filing with the Securities and Exchange Commission, Taylor Morrison Home Corporation (NYSE:TMHC), a $5.66 billion market cap homebuilder, reported the results of its 2025 Annual Meeting of Stockholders, which took place on May 22, 2025. According to InvestingPro analysis, the Scottsdale, Arizona-based company is currently trading below its Fair Value, with strong financial health metrics and a notably low P/E ratio of 6.46. The company announced the election of nine directors to serve until the 2026 annual meeting and the approval of executive compensation.
The elected board members include Peter Lane, Anne L. Mariucci, David C. Merritt, Heather C. Ostis, Andrea (Andi) Owen, Sheryl D. Palmer, Fletcher F. Previn, Denise F. Warren, and Christopher Yip. Each director secured a majority of votes, with the lowest number of votes for a nominee being 76,615,691 and the highest 84,115,601. The board oversees a company that has demonstrated strong financial performance, with a return on equity of 16% and healthy cash flows that adequately cover interest payments, as revealed by InvestingPro data.
Additionally, shareholders approved the advisory proposal on the compensation of named executive officers, commonly referred to as "say-on-pay", with 81,651,419 votes in favor. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was also ratified with an overwhelming majority of 86,307,869 votes for the proposal.
The detailed voting results for each director nominee revealed a range of votes against from a low of 33,331 to a high of 7,535,255, with broker non-votes counting between 5,060,031 and 5,060,031 across all nominees. The say-on-pay proposal saw 2,478,317 votes against and 57,057 abstentions, while the auditor ratification had 2,897,457 votes against and 41,498 abstentions.
This information is based on an SEC filing and represents the official results of the company’s annual meeting. The filing confirms that the company has complied with its reporting obligations under the Securities Exchange Act of 1934. For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 10+ additional ProTips and a detailed research report, providing valuable context about Taylor Morrison’s market position and growth potential.
In other recent news, Taylor Morrison Home Corporation has seen significant developments impacting its financial outlook and investor perceptions. BTIG analysts have raised their price target for Taylor Morrison to $79, following a strong first-quarter earnings report for 2025, which exceeded expectations with earnings per share of $2.07. This performance was driven by better-than-expected volume, pricing, and gross margins. In another development, BofA Securities initiated coverage of Taylor Morrison with a Buy rating and a $70 price target, citing its strong market position and affluent customer base as key strengths.
Meanwhile, S&P Global Ratings revised its outlook for Taylor Morrison from stable to positive, reflecting the company’s solid credit metrics and ability to maintain its debt to EBITDA ratio at or below 1.5x. The company has also initiated a $50 million share buyback as part of a larger $1 billion repurchase program, demonstrating confidence in its financial position. Raymond (NSE:RYMD) James maintained an Outperform rating but reduced its price target to $65, acknowledging the company’s robust performance despite economic challenges. These recent developments highlight Taylor Morrison’s strategic initiatives and resilience in a fluctuating housing market.
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