Taylor Morrison (TMHC) will host its first-ever investor day in Sarasota, Florida. At the event, the company is providing an update to its multi-year financial targets and introducing its longer-term growth ambitions through 2028, including: at least 10% annual home closings growth; approximately 20,000 annual home closings by 2028; low-to-mid 20% home closings gross margin; low-three range annualized monthly sales pace; mid-to-high 8% SG&A as a percentage of home closings revenue; at least 65% of homebuilding lots controlled and high-teen range return on equity.
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