Q3 EPS Estimates for Toll Brothers Raised by Zacks Research

Toll Brothers Inc. (NYSE:TOL) – Investment analysts at Zacks Research lifted their Q3 2026 earnings estimates for shares of Toll Brothers in a note issued to investors on Monday, March 2nd. Zacks Research analyst Team now forecasts that the construction company will earn $3.52 per share for the quarter, up from their prior forecast of $3.43. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Toll Brothers’ current full-year earnings is $13.83 per share. Zacks Research also issued estimates for Toll Brothers’ Q4 2026 earnings at $4.27 EPS, FY2026 earnings at $12.51 EPS, Q1 2027 earnings at $1.95 EPS, Q2 2027 earnings at $3.14 EPS, Q3 2027 earnings at $4.17 EPS, FY2027 earnings at $14.33 EPS and FY2028 earnings at $16.83 EPS.

A number of other equities research analysts have also commented on the company. Barclays reissued an “underweight” rating on shares of Toll Brothers in a research report on Monday, February 23rd. Wells Fargo & Company raised their price target on shares of Toll Brothers from $170.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. The Goldman Sachs Group upped their price objective on shares of Toll Brothers from $140.00 to $156.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Royal Bank Of Canada lifted their target price on shares of Toll Brothers from $144.00 to $161.00 and gave the stock an “outperform” rating in a research report on Thursday, February 19th. Finally, UBS Group boosted their target price on Toll Brothers from $181.00 to $198.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $163.60.

Toll Brothers Stock Down 0.4%

TOL stock opened at $153.61 on Tuesday. The firm has a market capitalization of $14.55 billion, a PE ratio of 10.97, a P/E/G ratio of 1.20 and a beta of 1.45. The company has a quick ratio of 0.62, a current ratio of 4.57 and a debt-to-equity ratio of 0.32. Toll Brothers has a twelve month low of $86.67 and a twelve month high of $168.36. The stock’s 50 day moving average is $148.80 and its 200-day moving average is $141.09.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Tuesday, February 17th. The construction company reported $2.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.14. The business had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $1.86 billion. Toll Brothers had a return on equity of 16.83% and a net margin of 12.26%.The company’s quarterly revenue was up 15.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.75 EPS.

Institutional Trading of Toll Brothers

Several hedge funds have recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new position in shares of Toll Brothers during the 3rd quarter worth $27,000. Pinnacle Holdings LLC purchased a new stake in Toll Brothers during the fourth quarter valued at about $27,000. Abich Financial Wealth Management LLC bought a new position in Toll Brothers during the third quarter worth about $28,000. Ramirez Asset Management Inc. purchased a new position in shares of Toll Brothers in the third quarter worth about $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Toll Brothers in the third quarter worth about $29,000. 91.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Douglas C. Jr. Yearley sold 45,116 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $160.42, for a total transaction of $7,237,508.72. Following the completion of the transaction, the chief executive officer directly owned 321,256 shares of the company’s stock, valued at $51,535,887.52. This represents a 12.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul E. Shapiro sold 3,965 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $146.68, for a total transaction of $581,586.20. Following the sale, the director owned 118,680 shares of the company’s stock, valued at approximately $17,407,982.40. The trade was a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.37% of the stock is owned by corporate insiders.

Toll Brothers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Shareholders of record on Friday, January 9th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, January 9th. Toll Brothers’s payout ratio is presently 7.14%.

Trending Headlines about Toll Brothers

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

• Positive Sentiment: Zacks Research raised several forward EPS forecasts (notably FY2027 and FY2028) and bumped Q3/Q4 2026 estimates, signaling a stronger longer‑term earnings outlook despite a “Hold” rating — this supports upside to future profitability and valuation.
• Neutral Sentiment: Toll Brothers announced the final opportunity to buy one of four move‑in ready luxury townhomes at Mira Vista in San Diego, showing continued local demand and closings in a high‑end market. Toll Brothers Announces Final Opportunity to Own a Luxury Townhome at Mira Vista in San Diego, California
• Neutral Sentiment: Toll Brothers opened a new community (Toll Brothers at Quail Ridge) in Ridgefield, WA — an expansion that supports future backlog and revenue but is a routine operational announcement with limited immediate earnings impact. Toll Brothers Announces Grand Opening of Toll Brothers at Quail Ridge in Ridgefield, Washington
• Negative Sentiment: Zacks also cut near‑term quarter estimates (Q1 and Q2 2027) and modestly trimmed FY2026, leaving an overall mixed picture; the firm retains a “Hold” rating, which may limit upside from analyst sentiment.
• Negative Sentiment: Seeking Alpha published a cautious/negative take (“Still Not Enough Conviction To Upgrade To A Buy”), which can amplify investor reluctance to move from Hold to Buy and pressure the stock. Toll Brothers: Still Not Enough Conviction To Upgrade To A Buy

About Toll Brothers

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.