Toll Brothers (NYSE:TOL) will post its quarterly earnings results before the market opens on Tuesday, May 22nd. Analysts expect Toll Brothers to post earnings of $0.77 per share for the quarter.
Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, February 27th. The construction company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.54 by $0.09. Toll Brothers had a return on equity of 12.58% and a net margin of 9.84%. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period last year, the firm earned $0.42 EPS. The firm’s revenue was up 27.7% compared to the same quarter last year. On average, analysts expect Toll Brothers to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
TOL opened at $43.16 on Friday. Toll Brothers has a 12 month low of $36.55 and a 12 month high of $52.73. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.89 and a current ratio of 7.31. The company has a market capitalization of $6.52 billion, a P/E ratio of 12.47, a price-to-earnings-growth ratio of 0.72 and a beta of 1.39.
The firm also recently announced a quarterly dividend, which was paid on Friday, April 27th. Investors of record on Friday, April 13th were given a $0.11 dividend. This is a boost from Toll Brothers’s previous quarterly dividend of $0.08. This represents a $0.44 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Thursday, April 12th. Toll Brothers’s dividend payout ratio (DPR) is currently 13.88%.
Several analysts recently commented on the company. Zacks Investment Research upgraded Toll Brothers from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Tuesday, May 1st. ValuEngine cut Toll Brothers from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 19th. Mizuho set a $54.00 target price on Toll Brothers and gave the company a “buy” rating in a research report on Wednesday, February 28th. Credit Suisse Group set a $53.00 target price on Toll Brothers and gave the company a “hold” rating in a research report on Tuesday, February 27th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $55.00 target price on shares of Toll Brothers in a research report on Wednesday, January 24th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $50.56.
About Toll Brothers
Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the United States. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets through Toll Brothers City Living.
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