Toll Brothers (TOL) Projected to Post Earnings on Tuesday

Toll Brothers (NYSE:TOL) will likely be releasing its earnings data 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. Persons interested in listening to the company’s earnings conference call can do so using this link.

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 the consensus estimate of $4.34 by $0.29. The business 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 company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm posted $4.11 earnings per share. 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 Performance

Shares of Toll Brothers stock opened at $123.60 on Friday. The firm has a market capitalization of $12.35 billion, a P/E ratio of 8.22, a PEG ratio of 1.15 and a beta of 1.76. The company has a quick ratio of 0.80, a current ratio of 4.92 and a debt-to-equity ratio of 0.37. The company has a 50 day moving average price of $131.17 and a 200 day moving average price of $141.97. Toll Brothers has a 52 week low of $100.47 and a 52 week high of $169.52.

Toll Brothers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers’s payout ratio is currently 6.12%.

Insider Buying and Selling

In other Toll Brothers news, Director Christine Garvey sold 204 shares of Toll Brothers 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 transaction, the director now directly owns 7,728 shares of the company’s stock, valued at $972,027.84. The trade was a 2.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Paul E. Shapiro sold 3,837 shares of Toll Brothers 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 directly owns 119,937 shares of the company’s stock, valued at approximately $16,088,349.18. This represents a 3.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,202 shares of company stock valued at $1,947,436. 1.54% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Royal Bank of Canada increased their price objective on shares of Toll Brothers from $143.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. UBS Group cut their price target on shares of Toll Brothers from $192.00 to $185.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Barclays cut their price target on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Evercore ISI raised their price objective on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Finally, Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Toll Brothers currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

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.