12 Best Residential Real Estate Stocks To Buy According to Analysts

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6. Taylor Morrison Home Corporation (NYSE:TMHC)

Average Upside Potential: 33.14%

Taylor Morrison Home Corporation (NYSE:TMHC) is one of the leading American homebuilders which has operations across 20 markets in 12 states and caters to the needs of diverse consumers including first-time, move-up, and resort lifestyle homebuyers and renters. The company’s financial services segment offers mortgage financing, title services, and homeowners’ insurance.

TMHC has a company legacy that dates back over 100 years. The home builder favors from an attractive national footprint spanning some of the highest-growth markets and prime locations across the US. This concentration in prime locations enhances its portfolio’s through-the-cycle resiliency. Alongside a leading national, regional, and local scale, the homebuilder continues to benefit from a diverse portfolio serving consumers across the homebuyer spectrum while its buyers tend to be well-qualified with financial flexibility.

Taylor Morrison Home Corporation (NYSE:TMHC) delivered better-than-expected results in 2024’s third quarter. Earnings per diluted share witnessed an over 50% year-over-year growth while home closings revenue increased 26% to $2.0 billion. TMHC is benefitting from healthy demand and pricing resiliency across its portfolio as it caters to the needs of well-qualified homebuyers with good product offerings in prime community locations.

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