#United States #Scottsdale #Taylor Morrison #Taylor Morrison Home #Esplanade

Taylor Morrison Unveils Ambitious Financial Targets and Growth Plans During Investor Day Event

On March 6, 2025, Taylor Morrison Home Corporation (NYSE: TMHC), a prominent national developer and homebuilder, held its first-ever Investor Day in Sarasota, Florida. This significant event featured presentations from the company’s executive leadership team, outlining the long-term strategic vision and future direction for Taylor Morrison. Notably, Ali Wolf, Chief Economist at Zonda, provided insights into the current state of the housing market, setting the stage for discussions about the company's growth aspirations.

The highlight of the day was the announcement of Taylor Morrison's updated financial targets, which aim to extend through the year 2028. Key objectives include:

• - At least 10% annual growth in home closings
• - A target of approximately 20,000 home closings annually by 2028
• - A low-to-mid 20% gross margin on home closings
• - A low three range for annualized monthly sales pace
• - Mid-to-high 8% selling, general, and administrative expenses as a percentage of home closing revenue
• - Control of at least 65% of homebuilding lots
• - A high-teen range return on equity

Sheryl Palmer, Chairman and CEO of Taylor Morrison, expressed pride in the company's transformation over recent years. “Following years of intentional strategic positioning of our company to deliver top-tier financial results, we are proud of the transformation of Taylor Morrison's operational capabilities and uniquely diversified homebuilding portfolio,” Palmer stated. She highlighted the company's competitive advantages, including diversification, consumer focus, and a willingness to venture beyond traditional approaches.

Palmer's vision for the company supports a substantial increase in home closings, with a specific target of about 20,000 annually by 2028, while also ensuring attractive returns for investors. Despite the broader challenges facing the industry, the leadership remains optimistic about Taylor Morrison's future and its ability to maneuver through market complexities.

In addition to presentations, attendees were offered an exclusive tour of Taylor Morrison communities, showcasing the company's award-winning Esplanade resort lifestyle offerings. This hands-on opportunity provided potential investors and stakeholders with tangible experiences of Taylor Morrison's commitment to quality and innovation in homebuilding.

A live webcast of the entire event, including presentations and Q&A sessions, was made available on Taylor Morrison's Investor Relations webpage, ensuring that interested parties could stay connected with the company's latest developments. The webcast replay and presentation materials would be accessible within 24 hours following the event, enabling further engagement from those unable to attend in real-time.

Taylor Morrison has established itself as a trusted brand in the homebuilding industry, serving diverse consumer needs from first-time buyers to those seeking resort-style living. The company's commitment to sustainable practices is highlighted in its annual Sustainability and Belonging Report. Over the years, Taylor Morrison has earned recognition as America’s Most Trusted® Builder by Lifestory Research, further cementing its reputation in the market.

For more information about Taylor Morrison and their latest strategic initiatives, visit www.taylormorrison.com. Additionally, as part of their proactive approach, Taylor Morrison is actively managing risk factors and outlining clear expectations to investors, ensuring transparent communication as they navigate the ever-evolving housing market landscape.

Through this Investor Day, Taylor Morrison not only showcases its current capabilities but also paints a promising picture for the future, ready to tackle the challenges ahead while delivering strong, reliable value to its market stakeholders.