Toll Brothers (TOL) Projected to Post Quarterly 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. Parties that are interested in registering for the company’s conference call can do so using this link.

Toll Brothers (NYSE:TOL) last released its earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share for the quarter, topping the consensus estimate of $4.34 by $0.29. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.17 billion. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last 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 Up 0.6 %

NYSE:TOL opened at $125.13 on Tuesday. The business’s fifty day moving average price is $134.58 and its 200 day moving average price is $142.53. Toll Brothers has a 1-year low of $98.54 and a 1-year high of $169.52. The firm has a market capitalization of $12.50 billion, a price-to-earnings ratio of 8.33, a PEG ratio of 1.15 and a beta of 1.76. The company has a current ratio of 4.92, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37.

Toll Brothers Announces Dividend

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

Analysts Set New Price Targets

TOL has been the topic of a number of recent analyst reports. Royal Bank of Canada lifted their price objective on Toll Brothers from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Oppenheimer restated an “outperform” rating and set a $189.00 target price on shares of Toll Brothers in a research report on Thursday, December 12th. Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. Wedbush restated an “outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a research report on Wednesday, December 11th. Finally, UBS Group decreased their price target on Toll Brothers from $192.00 to $185.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. One 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 given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $156.00.

Insider Buying and Selling

In related news, 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 value of $1,404,419.80. Following the completion of the sale, the chief financial officer now directly owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. This represents a 35.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Christine Garvey sold 204 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,202 shares of company stock valued at $1,947,436 over the last 90 days. Company insiders own 1.54% of the company’s stock.

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.