Toll Brothers Inc. (TOL) – What Are Brokerages Saying About This Stock?

Toll Brothers Inc. (NYSE:TOL) has been assigned a consensus rating of “Moderate Buy” from the twenty ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $167.40.

Several research firms recently commented on TOL. Barclays dropped their price target on shares of Toll Brothers from $122.00 to $118.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 6th. Royal Bank Of Canada decreased their price objective on shares of Toll Brothers from $158.00 to $148.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Stonex Financial raised shares of Toll Brothers to a “strong-buy” rating in a research note on Thursday, October 15th. UBS Group raised their target price on Toll Brothers from $187.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Finally, Weiss Ratings upgraded Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th.

Insider Buying and Selling

In other Toll Brothers news, Director Stephen East sold 800 shares of the firm’s stock in a transaction that occurred on 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 approximately $1,719,185.58. This trade represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TOL. Focus Advisor Solutions LLC lifted its holdings in Toll Brothers by 9.4% during the third quarter. Focus Advisor Solutions LLC now owns 9,835 shares of the construction company’s stock valued at $1,325,000 after purchasing an additional 846 shares in the last quarter. Independent Advisor Alliance grew its position in shares of Toll Brothers by 3.6% in the third quarter. Independent Advisor Alliance now owns 3,484 shares of the construction company’s stock valued at $512,000 after purchasing an additional 122 shares during the period. Voya Investment Management LLC increased its stake in shares of Toll Brothers by 1.1% during the third quarter. Voya Investment Management LLC now owns 34,567 shares of the construction company’s stock worth $4,658,000 after purchasing an additional 362 shares in the last quarter. Rothschild Investment LLC increased its stake in shares of Toll Brothers by 37.6% during the third quarter. Rothschild Investment LLC now owns 885 shares of the construction company’s stock worth $119,000 after purchasing an additional 242 shares in the last quarter. Finally, Cibc World Market Inc. increased its stake in shares of Toll Brothers by 2.9% during the third quarter. Cibc World Market Inc. now owns 11,804 shares of the construction company’s stock worth $1,591,000 after purchasing an additional 337 shares in the last quarter. 91.76% of the stock is owned by institutional investors and hedge funds.

Toll Brothers Stock Down 2.5%

NYSE:TOL opened at $152.38 on Wednesday. The company’s fifty day moving average price is $138.88 and its 200-day moving average price is $144.42. The firm has a market capitalization of $14.04 billion, a P/E ratio of 12.23, a PEG ratio of 1.16 and a beta of 1.30. Toll Brothers has a 1-year low of $123.14 and a 1-year high of $168.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.53 and a quick ratio of 0.55.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, August 18th. The construction company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.04. The business had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Toll Brothers had a return on equity of 14.21% and a net margin of 11.14%. The company’s revenue for the quarter was down 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.73 EPS. As a group, equities research analysts anticipate that Toll Brothers will post 12.80 EPS for the current year.

Toll Brothers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 9th were given a dividend of $0.26 per share. The ex-dividend date was Friday, October 9th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. Toll Brothers’s dividend payout ratio is currently 8.35%.

About Toll Brothers

Toll Brothers, Inc. is a U.S. homebuilding company focused primarily on designing, building, marketing and selling luxury residential properties. Its offerings include single-family detached homes, townhomes and condominiums, as well as age-qualified communities and urban high-rise residences. Founded in 1967 by brothers Bob and Bruce Toll, the company has expanded from its Pennsylvania roots to serve homebuyers in markets across the United States. Its communities are generally designed for move-up, luxury and active-adult buyers.