Toll Brothers, Inc. (NYSE:TOL) Receives Average Rating of “Hold” from Analysts

Shares of Toll Brothers, Inc. (NYSE:TOLGet Rating) have earned an average recommendation of “Hold” from the seventeen brokerages that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $62.62.

TOL has been the subject of several analyst reports. Citigroup dropped their target price on Toll Brothers from $62.00 to $52.00 in a report on Friday, March 25th. JPMorgan Chase & Co. dropped their target price on Toll Brothers from $58.00 to $51.00 and set a “neutral” rating for the company in a report on Wednesday, April 13th. KeyCorp dropped their target price on Toll Brothers from $56.00 to $43.00 and set an “underweight” rating for the company in a report on Tuesday, March 15th. Credit Suisse Group initiated coverage on Toll Brothers in a report on Tuesday, April 5th. They set an “outperform” rating and a $63.00 target price for the company. Finally, StockNews.com initiated coverage on Toll Brothers in a report on Thursday, March 31st. They set a “hold” rating for the company.

Several institutional investors have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC increased its holdings in shares of Toll Brothers by 25.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,032 shares of the construction company’s stock worth $75,000 after purchasing an additional 207 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Toll Brothers by 20.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,405 shares of the construction company’s stock worth $102,000 after acquiring an additional 235 shares during the period. Leuthold Group LLC grew its holdings in shares of Toll Brothers by 0.3% in the third quarter. Leuthold Group LLC now owns 91,638 shares of the construction company’s stock worth $5,067,000 after acquiring an additional 244 shares during the period. Global Wealth Management Investment Advisory Inc. grew its holdings in shares of Toll Brothers by 7.2% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 3,700 shares of the construction company’s stock worth $205,000 after acquiring an additional 250 shares during the period. Finally, Lindbrook Capital LLC grew its holdings in shares of Toll Brothers by 111.1% in the fourth quarter. Lindbrook Capital LLC now owns 475 shares of the construction company’s stock worth $34,000 after acquiring an additional 250 shares during the period. 87.70% of the stock is owned by institutional investors and hedge funds.

Shares of Toll Brothers stock opened at $46.73 on Tuesday. The company has a current ratio of 5.00, a quick ratio of 0.73 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $5.48 billion, a PE ratio of 6.54, a price-to-earnings-growth ratio of 0.61 and a beta of 1.49. The business’s 50-day moving average price is $47.86 and its 200-day moving average price is $57.05. Toll Brothers has a 12 month low of $43.76 and a 12 month high of $75.61.

Toll Brothers (NYSE:TOLGet Rating) last announced its quarterly earnings data on Tuesday, February 22nd. The construction company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.12 by $0.12. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.79 billion. Toll Brothers had a return on equity of 17.19% and a net margin of 9.86%. The company’s revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.76 EPS. As a group, analysts predict that Toll Brothers will post 9.87 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 22nd. Investors of record on Friday, April 8th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date was Thursday, April 7th. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.17. Toll Brothers’s dividend payout ratio (DPR) is 11.20%.

About Toll Brothers (Get Rating)

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. The company operates in two segments, Traditional Home Building and City Living. It also designs, builds, markets, and sells condominiums through Toll Brothers City Living.

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