Wedbush Issues Optimistic Outlook for Toll Brothers Earnings

Toll Brothers Inc. (NYSE:TOL) – Wedbush upped their Q4 2025 earnings per share (EPS) estimates for Toll Brothers in a note issued to investors on Tuesday, August 12th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $5.29 per share for the quarter, up from their prior forecast of $5.27. Wedbush has a “Outperform” rating and a $165.00 price objective on the stock. The consensus estimate for Toll Brothers’ current full-year earnings is $13.83 per share. Wedbush also issued estimates for Toll Brothers’ Q1 2026 earnings at $1.99 EPS, Q2 2026 earnings at $3.75 EPS, Q3 2026 earnings at $3.87 EPS, Q2 2027 earnings at $4.09 EPS and FY2027 earnings at $16.54 EPS.

Other research analysts have also issued research reports about the stock. Raymond James Financial reissued a “strong-buy” rating and issued a $130.00 price objective (down previously from $145.00) on shares of Toll Brothers in a research note on Friday, May 23rd. UBS Group reissued a “buy” rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Seaport Res Ptn upgraded shares of Toll Brothers from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 23rd. Evercore ISI reiterated an “outperform” rating and issued a $169.00 price objective (up from $167.00) on shares of Toll Brothers in a research note on Thursday, May 22nd. Finally, Royal Bank Of Canada decreased their target price on Toll Brothers from $139.00 to $133.00 and set an “outperform” rating for the company in a report on Friday, May 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Toll Brothers currently has an average rating of “Moderate Buy” and an average price target of $141.46.

Toll Brothers Stock Down 0.4%

Shares of NYSE:TOL opened at $130.54 on Friday. The firm has a market capitalization of $12.82 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 1.36 and a beta of 1.33. Toll Brothers has a 1 year low of $86.67 and a 1 year high of $169.52. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.21 and a quick ratio of 0.44. The firm’s 50-day moving average is $118.34 and its two-hundred day moving average is $111.38.

Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, May 20th. The construction company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.64. Toll Brothers had a return on equity of 17.87% and a net margin of 12.95%. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the company earned $3.38 EPS. Toll Brothers’s revenue was down 3.5% on a year-over-year basis.

Institutional Trading of Toll Brothers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Insigneo Advisory Services LLC grew its stake in Toll Brothers by 4.7% during the 4th quarter. Insigneo Advisory Services LLC now owns 1,990 shares of the construction company’s stock worth $251,000 after buying an additional 89 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Toll Brothers by 6.5% in the second quarter. Farther Finance Advisors LLC now owns 1,485 shares of the construction company’s stock valued at $169,000 after buying an additional 90 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of Toll Brothers by 52.8% in the first quarter. Brooklyn Investment Group now owns 272 shares of the construction company’s stock valued at $29,000 after acquiring an additional 94 shares during the period. Old Port Advisors grew its position in shares of Toll Brothers by 4.5% during the second quarter. Old Port Advisors now owns 2,165 shares of the construction company’s stock worth $247,000 after acquiring an additional 94 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of Toll Brothers by 1.7% during the fourth quarter. NewEdge Advisors LLC now owns 6,051 shares of the construction company’s stock worth $762,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Insiders Place Their Bets

In other news, Director Christine Garvey sold 770 shares of the company’s stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $119.82, for a total transaction of $92,261.40. Following the completion of the transaction, the director directly owned 11,590 shares of the company’s stock, valued at approximately $1,388,713.80. This represents a 6.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Michael J. Grubb sold 500 shares of the stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $120.00, for a total value of $60,000.00. Following the completion of the transaction, the chief accounting officer owned 2,439 shares in the company, valued at approximately $292,680. The trade was a 17.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,770 shares of company stock valued at $440,586 in the last ninety days. Insiders own 1.54% of the company’s stock.

Toll Brothers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 11th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, July 11th. Toll Brothers’s payout ratio is 7.42%.

Toll Brothers Company Profile

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. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.