Toll Brothers Inc. (NYSE:TOL) Given Average Rating of "Moderate Buy" by Brokerages

Toll Brothers Inc. (NYSE:TOL - Get Free Report) has been given a consensus rating of "Moderate Buy" by the fourteen ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $141.46.

A number of analysts have issued reports on the company. Oppenheimer cut their target price on Toll Brothers from $165.00 to $155.00 and set an "outperform" rating on the stock in a research report on Thursday, May 15th. Keefe, Bruyette & Woods cut their price objective on Toll Brothers from $132.00 to $120.00 and set a "market perform" rating on the stock in a research report on Tuesday, May 20th. Wells Fargo & Company upped their price objective on Toll Brothers from $125.00 to $130.00 and gave the stock an "overweight" rating in a research report on Friday. Royal Bank Of Canada cut their price objective on Toll Brothers from $139.00 to $133.00 and set an "outperform" rating on the stock in a research report on Friday, May 16th. Finally, Barclays reaffirmed an "underweight" rating on shares of Toll Brothers in a research report on Tuesday, May 20th.

Hedge Funds Weigh In On Toll Brothers

Several large investors have recently bought and sold shares of the stock. Sound Income Strategies LLC boosted its stake in shares of Toll Brothers by 84.2% during the first quarter. Sound Income Strategies LLC now owns 245 shares of the construction company's stock worth $26,000 after buying an additional 112 shares during the period. Lee Danner & Bass Inc. acquired a new stake in shares of Toll Brothers during the fourth quarter worth about $27,000. Promus Capital LLC acquired a new stake in shares of Toll Brothers during the fourth quarter worth about $29,000. Brooklyn Investment Group boosted its stake in shares of Toll Brothers by 52.8% during the first quarter. Brooklyn Investment Group now owns 272 shares of the construction company's stock worth $29,000 after buying an additional 94 shares during the period. Finally, Larson Financial Group LLC boosted its stake in shares of Toll Brothers by 152.6% during the first quarter. Larson Financial Group LLC now owns 293 shares of the construction company's stock worth $31,000 after buying an additional 177 shares during the period. Institutional investors and hedge funds own 91.76% of the company's stock.

Toll Brothers Stock Up 0.6%

Shares of NYSE TOL opened at $114.47 on Friday. The firm has a market cap of $11.24 billion, a price-to-earnings ratio of 8.49, a PEG ratio of 1.19 and a beta of 1.35. The company has a quick ratio of 0.44, a current ratio of 4.21 and a debt-to-equity ratio of 0.35. Toll Brothers has a 52-week low of $86.67 and a 52-week high of $169.52. The business's 50 day moving average is $105.54 and its two-hundred day moving average is $113.40.

Toll Brothers (NYSE:TOL - Get Free Report) last announced its earnings results on Tuesday, May 20th. The construction company reported $3.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.86 by $0.64. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.50 billion. Toll Brothers had a return on equity of 17.87% and a net margin of 12.95%. The firm's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.38 earnings per share. Research analysts predict that Toll Brothers will post 13.83 EPS for the current year.

Toll Brothers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be paid a $0.25 dividend. The ex-dividend date is Friday, July 11th. This represents a $1.00 annualized dividend and a yield of 0.87%. Toll Brothers's dividend payout ratio is presently 7.42%.

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.

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