Toll Brothers (NYSE:TOL) Stock Gets Price Target Reduction from Royal Bank Of Canada

Toll Brothers (NYSE:TOL – Free Report) had its target price trimmed by Royal Bank Of Canada from $158.00 to $148.00 in a research report report published on Thursday morning,Benzinga reports. The firm currently has an outperform rating on the construction company’s stock.

TOL has been the topic of several other reports. Truist Financial raised their target price on shares of Toll Brothers from $165.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Citigroup boosted their target price on shares of Toll Brothers from $176.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, August 21st. Evercore set a $184.00 price target on shares of Toll Brothers in a report on Friday, September 25th. UBS Group increased their price target on shares of Toll Brothers from $187.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Toll Brothers from $161.00 to $170.00 and gave the company an “outperform” rating in a research note on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $166.67.

Check Out Our Latest Stock Report on TOL

Toll Brothers Stock Down 0.3%

Shares of NYSE TOL opened at $133.49 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.55 and a current ratio of 4.53. Toll Brothers has a 52 week low of $123.14 and a 52 week high of $168.36. The stock has a market capitalization of $12.30 billion, a P/E ratio of 10.71, a PEG ratio of 1.08 and a beta of 1.31. The stock’s fifty day moving average is $139.43 and its 200 day moving average is $142.99.

Toll Brothers (NYSE:TOL – Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The construction company reported $2.97 EPS for the quarter, beating analysts’ consensus estimates of $2.93 by $0.04. Toll Brothers had a return on equity of 14.21% and a net margin of 11.14%. The business had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the previous year, the firm earned $3.73 earnings per share. Toll Brothers’s revenue for the quarter was down 9.7% compared to the same quarter last year. Sell-side analysts forecast that Toll Brothers will post 12.80 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 9th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, October 9th. Toll Brothers’s dividend payout ratio is currently 8.35%.

Insiders Place Their Bets

In related news, Director Stephen East sold 800 shares of the firm’s stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $135.99, for a total value of $108,792.00. Following the sale, the director directly owned 12,642 shares of the company’s stock, valued at $1,719,185.58. This trade represents a 5.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.37% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TOL. Mariner Investment Group LLC acquired a new stake in Toll Brothers in the second quarter valued at approximately $1,648,000. Amundi grew its stake in shares of Toll Brothers by 138.4% during the second quarter. Amundi now owns 174,655 shares of the construction company’s stock worth $28,774,000 after buying an additional 101,405 shares during the last quarter. Ceredex Value Advisors LLC bought a new stake in shares of Toll Brothers during the second quarter worth $37,012,000. Meeder Advisory Services Inc. acquired a new position in shares of Toll Brothers during the second quarter worth $862,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Toll Brothers during the second quarter worth $4,515,000. Institutional investors own 91.76% of the company’s stock.

Toll Brothers News Roundup

Here are the key news stories impacting Toll Brothers this week:

  • Positive Sentiment: Toll Brothers announced several new luxury-home opportunities, including a new phase at Griffith Lakes in Charlotte, North Carolina; the Toll Brothers at Everly community in Spartanburg, South Carolina; and the upcoming lakefront Cypress Reserve community in Clermont, Florida. These openings expand the company’s selling pipeline and could support future orders and revenue. Griffith Lakes announcement Everly announcement Cypress Reserve announcement
  • Positive Sentiment: The company also announced Magnolia Green, a new Nashville-area community in Franklin, Tennessee, with sales expected to begin after construction starts in early 2027. The LakePointe master-planned community in Covington, Washington, developed with Brookfield Residential, further broadens TOL’s geographic pipeline. Magnolia Green announcement LakePointe announcement
  • Neutral Sentiment: Citigroup and RBC reduced their price targets to $168 and $148, respectively, but retained bullish ratings of “buy” and “outperform.” The cuts signal more cautious expectations, while the ratings indicate analysts still see upside from current levels.
  • Negative Sentiment: Investor attention remains focused on earnings: the latest quarter’s revenue and EPS exceeded estimates, but revenue fell 9.7% year over year and EPS declined from the prior-year period. Articles also note that the stock’s valuation case depends on earnings holding up, leaving demand, margins, and mortgage affordability as key risks.

About Toll Brothers

(Get Free Report)

Toll Brothers, Inc is a U.S. luxury homebuilder that designs, constructs, markets and sells single-family homes, townhomes and condominiums. The company serves move-up, luxury, active-adult and urban buyers, offering homes in a range of architectural styles and price points.

Founded in 1967 by brothers Robert I. Toll and Bruce E. Toll, the company develops residential communities on land it acquires and prepares for construction. Its operations also include related services such as mortgage financing, title and settlement services, and property development through its Toll Brothers Apartment Living and Toll Brothers City Living businesses.

Toll Brothers operates across numerous metropolitan and suburban markets in the United States, with a presence in regions including the Northeast, Mid-Atlantic, Southeast, Texas, the Midwest, Arizona and the West Coast.

Further Reading

Analyst Recommendations for Toll Brothers (NYSE:TOL)

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