Toll Brothers Inc. (NYSE:TOL) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Toll Brothers Inc. (NYSE:TOL) have been given a consensus recommendation of “Moderate Buy” by the nineteen research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $163.8125.

A number of research firms have recently commented on TOL. Keefe, Bruyette & Woods upped their price target on shares of Toll Brothers from $143.00 to $170.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. Barclays cut their price target on shares of Toll Brothers from $116.00 to $115.00 and set an “underweight” rating on the stock in a report on Wednesday, April 8th. UBS Group cut their price target on shares of Toll Brothers from $198.00 to $187.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. JPMorgan Chase & Co. upped their price target on shares of Toll Brothers from $141.00 to $143.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Finally, Wells Fargo & Company upped their price target on shares of Toll Brothers from $170.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th.

Toll Brothers Price Performance

Toll Brothers stock opened at $137.82 on Wednesday. The company has a market cap of $13.05 billion, a price-to-earnings ratio of 10.43, a PEG ratio of 1.11 and a beta of 1.39. The firm’s fifty day moving average is $137.88 and its 200 day moving average is $141.68. The company has a quick ratio of 0.59, a current ratio of 4.67 and a debt-to-equity ratio of 0.33. Toll Brothers has a 52-week low of $100.92 and a 52-week high of $168.36.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Tuesday, May 19th. The construction company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.58 by $0.14. Toll Brothers had a net margin of 11.66% and a return on equity of 15.47%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same quarter in the prior year, the firm earned $3.50 earnings per share. Toll Brothers’s revenue was down 7.6% on a year-over-year basis. Sell-side analysts forecast that Toll Brothers will post 12.7 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Friday, April 10th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, April 10th. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.25. Toll Brothers’s dividend payout ratio (DPR) is currently 7.87%.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Stephen F. East sold 1,000 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total transaction of $139,700.00. Following the transaction, the director directly owned 13,442 shares in the company, valued at $1,877,847.40. This represents a 6.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.37% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TOL. Hilton Head Capital Partners LLC grew its holdings in Toll Brothers by 65.5% during the 1st quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after acquiring an additional 74 shares in the last quarter. Wiser Advisor Group LLC bought a new position in Toll Brothers during the 3rd quarter worth about $27,000. Pinnacle Holdings LLC bought a new position in Toll Brothers during the 4th quarter worth about $27,000. Abich Financial Wealth Management LLC bought a new position in Toll Brothers during the 3rd quarter worth about $28,000. Finally, Ramirez Asset Management Inc. bought a new position in Toll Brothers during the 3rd quarter worth about $28,000. 91.76% of the stock is currently owned by institutional investors.

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.