Toll Brothers (NYSE:TOL) Research Coverage Started at Citizens Jmp

Citizens Jmp assumed coverage on shares of Toll Brothers (NYSE:TOL) in a research report released on Wednesday morning, MarketBeat Ratings reports. The firm issued a market outperform rating and a $175.00 price objective on the construction company’s stock.

TOL has been the subject of several other reports. Barclays boosted their target price on Toll Brothers from $92.00 to $110.00 and gave the stock an “underweight” rating in a research note on Wednesday, December 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Toll Brothers in a research note on Wednesday, October 8th. Wedbush reissued an “outperform” rating and set a $165.00 price target on shares of Toll Brothers in a research note on Thursday, September 18th. Bank of America reduced their price objective on Toll Brothers from $155.00 to $150.00 and set a “buy” rating for the company in a report on Friday, October 10th. Finally, Royal Bank Of Canada decreased their price objective on Toll Brothers from $145.00 to $144.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $152.00.

Toll Brothers Trading Up 7.3%

Shares of TOL stock opened at $145.41 on Wednesday. The stock has a 50 day simple moving average of $136.22 and a 200-day simple moving average of $132.67. Toll Brothers has a 1-year low of $86.67 and a 1-year high of $149.79. The company has a market cap of $13.81 billion, a price-to-earnings ratio of 10.72, a PEG ratio of 1.13 and a beta of 1.43. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.38 and a quick ratio of 0.64.

Toll Brothers (NYSE:TOL) last released its earnings results on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing analysts’ consensus estimates of $4.88 by ($0.30). Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the prior year, the firm earned $4.63 EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, equities research analysts expect that Toll Brothers will post 13.83 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

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

Institutional Investors Weigh In On Toll Brothers

Several hedge funds have recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new position in shares of Toll Brothers during the third quarter valued at $27,000. Abich Financial Wealth Management LLC acquired a new position in shares of Toll Brothers in the third quarter worth $28,000. Ramirez Asset Management Inc. purchased a new stake in shares of Toll Brothers during the third quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Toll Brothers in the 3rd quarter valued at $29,000. Finally, Smithfield Trust Co raised its holdings in Toll Brothers by 136.4% during the third quarter. Smithfield Trust Co now owns 260 shares of the construction company’s stock valued at $36,000 after buying an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Trending Headlines about Toll Brothers

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

• Positive Sentiment: Toll promoted Karl Mistry to CEO with Doug Yearley moving to executive chairman — a clean internal succession that markets often price as lower-risk for strategy continuity. Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman
• Positive Sentiment: Institutional/sell-side attention increased: Citizens JMP initiated coverage and broader analyst commentary is framing TOL as a buy-worthy homebuilder — this can draw fresh demand from income and growth investors. Citizens Jmp Initiates Coverage on Toll Brothers (NYSE:TOL)
• Positive Sentiment: Toll sold an Atlanta-area apartment building for $76M, a transaction that improves near-term liquidity and reduces non-core exposure. Investors tend to reward simple-balance-sheet moves. Toll Brothers sells Atlanta-area apartment building for $76 million
• Neutral Sentiment: New product release: Toll unveiled two ranch home designs at Aurora Ridge (Georgia). This supports local sales inventory but is a routine product update with limited company-wide impact. Toll Brothers Announces the Release of New Ranch Home Designs at Aurora Ridge at Great Sky in Canton, Georgia
• Neutral Sentiment: Technical/market signals: coverage and screeners flagged TOL as showing improved relative strength — can amplify flows but isn’t fundamental. Stocks showing improved relative strength: Toll Brothers
• Negative Sentiment: Recent quarterly results showed an EPS miss (Q3 EPS below consensus) even as revenue beat; investors may worry about margin pressure or near-term demand volatility. Home Builders Stocks Q3 Results: Benchmarking Toll Brothers (NYSE:TOL)
• Negative Sentiment: Some investor scrutiny around the new CEO’s compensation package could weigh on sentiment if viewed as costly; media coverage highlighting pay details can create short-term selling pressure. Toll Brothers just named a new CEO. Here’s how much he’ll earn.

Toll Brothers Company Profile

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.