Toll Brothers (TOL) Projected to Post Earnings on Tuesday

Toll Brothers (NYSE:TOL) is projected to post its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect Toll Brothers to post earnings of $1.99 per share and revenue of $1.91 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Toll Brothers (NYSE:TOL) last posted its earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.34 by $0.29. The firm had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.17 billion. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.11 EPS. On average, analysts expect Toll Brothers to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Toll Brothers Stock Up 0.6 %

Shares of NYSE:TOL opened at $125.13 on Tuesday. The business has a fifty day moving average price of $134.58 and a two-hundred day moving average price of $142.53. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.92 and a quick ratio of 0.80. The company has a market capitalization of $12.50 billion, a PE ratio of 8.33, a price-to-earnings-growth ratio of 1.15 and a beta of 1.76. Toll Brothers has a 1 year low of $98.54 and a 1 year high of $169.52.

Toll Brothers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid a dividend of $0.23 per share. The ex-dividend date was Friday, January 10th. This represents a $0.92 annualized dividend and a dividend yield of 0.74%. Toll Brothers’s payout ratio is 6.12%.

Analysts Set New Price Targets

Several equities analysts recently commented on TOL shares. UBS Group reduced their price objective on shares of Toll Brothers from $192.00 to $185.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Seaport Res Ptn raised Toll Brothers from a “strong sell” rating to a “hold” rating in a research note on Monday, January 27th. Evercore ISI boosted their price target on Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $150.00 price objective (down from $166.00) on shares of Toll Brothers in a report on Friday, December 13th. Finally, Bank of America dropped their price objective on shares of Toll Brothers from $165.00 to $156.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

Insider Activity at Toll Brothers

In related news, Director Paul E. Shapiro sold 3,837 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $134.14, for a total value of $514,695.18. Following the completion of the transaction, the director now owns 119,937 shares of the company’s stock, valued at approximately $16,088,349.18. The trade was a 3.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Christine Garvey sold 204 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $125.78, for a total value of $25,659.12. Following the completion of the sale, the director now directly owns 7,728 shares in the company, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,202 shares of company stock valued at $1,947,436 in the last ninety days. Insiders own 1.54% of the company’s stock.

About Toll Brothers

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.