Taylor Morrison to Update Financial Targets and Introduce Long-Term Growth Aspirations at Today's Investor Day

Core Insights - Taylor Morrison Home Corporation is hosting its first-ever Investor Day to present its long-term strategic vision and financial targets [1][2] - The company aims for approximately 20,000 home closings by 2028, with a focus on profitable growth and improved returns for shareholders [3][7] Company Overview - Taylor Morrison is a leading national developer and homebuilder, recognized as America's Most Trusted® Builder from 2016 to 2025 [4] - The company serves a diverse consumer base, including first-time, move-up, and resort lifestyle homebuyers and renters [4] Financial Targets - The company targets at least 10% annual growth in home closings [7] - It aims for a low-to-mid 20% gross margin on home closings and a high-teen range return on equity [7] - The company plans to maintain at least 65% control over homebuilding lots [7] Strategic Vision - Taylor Morrison emphasizes diversification, consumer centricity, and a well-defined strategy as competitive differentiators [3] - The company is committed to sustainable operations, as highlighted in its annual Sustainability and Belonging Report [4]