Toll Brothers, Inc. (NYSE:TOL) Receives $147.57 Average PT from Analysts

Shares of Toll Brothers, Inc. (NYSE:TOL) have been assigned an average rating of “Moderate Buy” from the fifteen ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $147.57.

A number of analysts recently weighed in on TOL shares. UBS Group lowered their price target on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating for the company in a report on Thursday, February 20th. The Goldman Sachs Group lowered their target price on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Wells Fargo & Company cut their price target on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating on the stock in a research note on Thursday, February 20th. Citigroup lowered their price objective on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Finally, Evercore ISI upped their target price on shares of Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th.

Insider Buying and Selling at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 420 shares of Toll Brothers stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $110.58, for a total value of $46,443.60. Following the transaction, the director now owns 13,186 shares of the company’s stock, valued at approximately $1,458,107.88. The trade was a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Martin P. Connor sold 11,140 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the sale, the chief financial officer now directly owns 20,618 shares of the company’s stock, valued at $2,599,311.26. This represents a 35.08 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,764 shares of company stock valued at $1,476,523. Company insiders own 1.54% of the company’s stock.

Institutional Investors Weigh In On Toll Brothers

Several institutional investors have recently added to or reduced their stakes in the stock. ORG Partners LLC acquired a new stake in shares of Toll Brothers in the 4th quarter valued at about $25,000. Brooklyn Investment Group bought a new position in shares of Toll Brothers during the third quarter worth about $27,000. Lee Danner & Bass Inc. acquired a new stake in Toll Brothers in the 4th quarter valued at approximately $27,000. Larson Financial Group LLC lifted its stake in Toll Brothers by 57.9% in the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after acquiring an additional 66 shares in the last quarter. Finally, Promus Capital LLC acquired a new position in Toll Brothers during the 4th quarter worth approximately $29,000. 91.76% of the stock is owned by institutional investors.

Toll Brothers Price Performance

Toll Brothers stock opened at $109.01 on Friday. The business’s fifty day moving average is $119.51 and its two-hundred day moving average is $136.72. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65. The firm has a market cap of $10.89 billion, a P/E ratio of 7.50, a P/E/G ratio of 1.02 and a beta of 1.77. Toll Brothers has a 52 week low of $102.49 and a 52 week high of $169.52.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.24). The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. Equities research analysts forecast that Toll Brothers will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, April 11th. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a yield of 0.92%. Toll Brothers’s payout ratio is currently 6.88%.

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.