Toll Brothers Q1 EPS Estimate Increased by Zacks Research

Toll Brothers Inc. (NYSE:TOL) – Equities researchers at Zacks Research raised their Q1 2026 earnings per share estimates for Toll Brothers in a note issued to investors on Monday, December 22nd. Zacks Research analyst Team now expects that the construction company will earn $2.00 per share for the quarter, up from their previous forecast of $1.85. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Toll Brothers’ current full-year earnings is $13.83 per share. Zacks Research also issued estimates for Toll Brothers’ Q2 2026 earnings at $3.12 EPS, Q3 2026 earnings at $3.43 EPS, Q1 2027 earnings at $2.09 EPS, Q2 2027 earnings at $3.46 EPS, Q3 2027 earnings at $3.82 EPS, Q4 2027 earnings at $4.60 EPS and FY2027 earnings at $13.97 EPS.

Toll Brothers (NYSE:TOL) last issued its earnings results on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing the consensus estimate of $4.88 by ($0.30). The business had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.32 billion. Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.The business’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.63 earnings per share.

Several other equities analysts also recently commented on TOL. JPMorgan Chase & Co. decreased their price objective on shares of Toll Brothers from $161.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, December 12th. Argus lifted their target price on shares of Toll Brothers from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, September 5th. Barclays upped their price target on shares of Toll Brothers from $92.00 to $110.00 and gave the company an “underweight” rating in a research note on Wednesday, December 10th. Evercore ISI restated an “in-line” rating and set a $160.00 price objective (down from $169.00) on shares of Toll Brothers in a research report on Tuesday, October 7th. Finally, Citigroup reduced their price objective on Toll Brothers from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Toll Brothers currently has an average rating of “Moderate Buy” and a consensus target price of $150.36.

Toll Brothers Trading Down 1.0%

Shares of Toll Brothers stock opened at $138.21 on Wednesday. The business has a fifty day simple moving average of $135.87 and a two-hundred day simple moving average of $130.36. Toll Brothers has a 1 year low of $86.67 and a 1 year high of $149.79. The company has a market capitalization of $13.13 billion, a price-to-earnings ratio of 10.19, a P/E/G ratio of 1.13 and a beta of 1.39. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.38 and a quick ratio of 0.64.

Hedge Funds Weigh In On Toll Brothers

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. raised its position in shares of Toll Brothers by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,091,176 shares of the construction company’s stock valued at $115,217,000 after buying an additional 67,156 shares in the last quarter. OMNI 360 Wealth Inc. bought a new position in Toll Brothers in the second quarter valued at approximately $341,000. Focus Partners Wealth raised its position in Toll Brothers by 11.7% during the first quarter. Focus Partners Wealth now owns 73,832 shares of the construction company’s stock valued at $7,796,000 after purchasing an additional 7,762 shares in the last quarter. Royal Bank of Canada lifted its stake in Toll Brothers by 13.1% during the first quarter. Royal Bank of Canada now owns 183,935 shares of the construction company’s stock worth $19,421,000 after purchasing an additional 21,262 shares during the last quarter. Finally, Inspire Investing LLC acquired a new stake in shares of Toll Brothers in the 1st quarter valued at $2,154,000. 91.76% of the stock is owned by institutional investors and hedge funds.

Toll Brothers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Friday, January 9th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Toll Brothers’s dividend payout ratio is currently 7.37%.

Toll Brothers News Summary

Here are the key news stories impacting Toll Brothers this week:

• Positive Sentiment: Company continues product and community rollout that supports future sales — grand opening of The Cove amenity center at Regency at Waterset in Apollo Beach, FL, highlighting active community demand and amenity-led marketing. Toll Brothers Announces Grand Opening
• Positive Sentiment: Product availability signaling ongoing absorption — “final opportunity” release at The Brix at The Packing District in Orlando (luxury townhomes), which can help near-term lot sales and backlog. Final Opportunity to Own at The Brix
• Positive Sentiment: New community and floorplan announcements expand future inventory — Waterford Pointe (Piedmont, SC) and a new Sawgrass home design at Regency at Babcock Ranch (55+), both supporting geographic/product diversification. Waterford Pointe Announcement New Sawgrass Home Design
• Neutral Sentiment: Zacks slightly raised its Q1 2026 EPS estimate to $2.00 from $1.85 — a modest positive data point but small relative to the larger downward revisions and the firm’s overall “Strong Sell” stance.
• Negative Sentiment: Multiple cuts from Zacks Research to near-term quarterly EPS estimates (Q2–Q4 2026/2027 and FY2027), and a lowered FY2027 forecast to $13.97 (from $14.38). Zacks also maintains a “Strong Sell” rating — these repeated downward revisions and the negative rating are the main drivers putting downside pressure on TOL shares today.
• Negative Sentiment: Aggregate effect: while community openings support long-term demand, the fresh analyst cuts increase near-term earnings uncertainty and investor caution, which appears to be dominating market reaction.

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.