Wedbush Has Bullish Forecast for Toll Brothers Q3 Earnings

Toll Brothers, Inc. (NYSE:TOL) – Investment analysts at Wedbush upped their Q3 2025 earnings per share (EPS) estimates for Toll Brothers in a research note issued to investors on Wednesday, December 11th. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $4.45 for the quarter, up from their prior estimate of $4.40. Wedbush currently has a “Outperform” rating and a $175.00 price objective on the stock. The consensus estimate for Toll Brothers’ current full-year earnings is $14.55 per share. Wedbush also issued estimates for Toll Brothers’ FY2025 earnings at $15.26 EPS, Q1 2026 earnings at $2.12 EPS, Q2 2026 earnings at $4.07 EPS, Q3 2026 earnings at $5.12 EPS, Q4 2026 earnings at $6.00 EPS and FY2026 earnings at $17.22 EPS.

Other equities analysts have also issued research reports about the company. Oppenheimer reissued an “outperform” rating and issued a $189.00 price objective on shares of Toll Brothers in a research note on Thursday. Royal Bank of Canada upped their price target on shares of Toll Brothers from $143.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. restated a “neutral” rating and issued a $150.00 price objective (down previously from $166.00) on shares of Toll Brothers in a research report on Friday. Wells Fargo & Company upped their target price on shares of Toll Brothers from $163.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th. Finally, Evercore ISI boosted their price objective on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.53.

Toll Brothers Stock Down 3.3 %

Shares of TOL opened at $133.86 on Friday. The company has a market capitalization of $13.52 billion, a P/E ratio of 8.91, a PEG ratio of 1.07 and a beta of 1.69. Toll Brothers has a one year low of $95.46 and a one year high of $169.52. The business’s 50 day simple moving average is $153.40 and its 200-day simple moving average is $139.08. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.92 and a quick ratio of 0.57.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, beating analysts’ consensus estimates of $4.34 by $0.29. The firm had revenue of $3.33 billion for 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 company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $4.11 earnings per share.

Toll Brothers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 10th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Friday, January 10th. Toll Brothers’s dividend payout ratio (DPR) is currently 6.12%.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director John A. Mclean sold 1,000 shares of the business’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $151.10, for a total value of $151,100.00. Following the completion of the transaction, the director now directly owns 9,944 shares of the company’s stock, valued at approximately $1,502,538.40. The trade was a 9.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas C. Jr. Yearley sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $158.23, for a total value of $3,955,750.00. Following the sale, the chief executive officer now directly owns 221,382 shares in the company, valued at approximately $35,029,273.86. This represents a 10.15 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 106,000 shares of company stock worth $16,435,800. 1.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Toll Brothers

Several institutional investors and hedge funds have recently modified their holdings of the business. Old North State Trust LLC raised its holdings in Toll Brothers by 7.4% during the 3rd quarter. Old North State Trust LLC now owns 2,069 shares of the construction company’s stock worth $320,000 after buying an additional 143 shares during the period. Franklin Resources Inc. increased its position in shares of Toll Brothers by 5.4% during the third quarter. Franklin Resources Inc. now owns 180,023 shares of the construction company’s stock worth $27,659,000 after acquiring an additional 9,195 shares in the last quarter. Peapack Gladstone Financial Corp acquired a new stake in shares of Toll Brothers during the third quarter worth $263,000. Tidal Investments LLC bought a new stake in Toll Brothers in the 3rd quarter valued at $258,000. Finally, Wilmington Savings Fund Society FSB boosted its stake in Toll Brothers by 39.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 12,559 shares of the construction company’s stock worth $1,940,000 after purchasing an additional 3,570 shares during the period. 91.76% of the stock is currently owned by institutional investors and hedge funds.

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.