What is Wedbush's Estimate for Toll Brothers Q3 Earnings?

Toll Brothers, Inc. (NYSE:TOL - Free Report) - Stock analysts at Wedbush reduced their Q3 2025 earnings per share estimates for shares of Toll Brothers in a research note issued on Wednesday, May 21st. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings of $3.59 per share for the quarter, down from their previous estimate of $4.07. Wedbush has a "Outperform" rating on the stock. The consensus estimate for Toll Brothers' current full-year earnings is $13.83 per share.

A number of other brokerages also recently weighed in on TOL. Wells Fargo & Company reiterated an "overweight" rating and issued a $130.00 target price (up previously from $120.00) on shares of Toll Brothers in a report on Thursday, May 22nd. Royal Bank of Canada dropped their target price on Toll Brothers from $139.00 to $133.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Evercore ISI reiterated an "outperform" rating and issued a $169.00 target price (up previously from $167.00) on shares of Toll Brothers in a report on Thursday, May 22nd. UBS Group reiterated a "buy" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Finally, Keefe, Bruyette & Woods dropped their target price on Toll Brothers from $132.00 to $120.00 and set a "market perform" rating on the stock in a report on Tuesday, May 20th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $141.36.

Toll Brothers Stock Down 3.5%

Shares of TOL traded down $3.73 during trading hours on Monday, reaching $104.20. The company's stock had a trading volume of 1,738,620 shares, compared to its average volume of 1,563,636. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 7.17, a P/E/G ratio of 1.02 and a beta of 1.45. Toll Brothers has a 1-year low of $86.67 and a 1-year high of $169.52. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average of $101.46 and a two-hundred day moving average of $121.05.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings data on Tuesday, May 20th. The construction company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.64. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.50 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The business's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.38 EPS.

Institutional Investors Weigh In On Toll Brothers

Large investors have recently made changes to their positions in the company. Jennison Associates LLC boosted its position in Toll Brothers by 38.7% during the fourth quarter. Jennison Associates LLC now owns 1,226,271 shares of the construction company's stock worth $154,449,000 after purchasing an additional 341,980 shares during the period. Lecap Asset Management Ltd. boosted its position in Toll Brothers by 721.8% during the fourth quarter. Lecap Asset Management Ltd. now owns 16,567 shares of the construction company's stock worth $2,087,000 after purchasing an additional 14,551 shares during the period. Jones Financial Companies Lllp boosted its position in Toll Brothers by 66.7% during the fourth quarter. Jones Financial Companies Lllp now owns 5,290 shares of the construction company's stock worth $666,000 after purchasing an additional 2,116 shares during the period. OMC Financial Services LTD bought a new stake in Toll Brothers during the fourth quarter worth approximately $2,330,000. Finally, GDS Wealth Management boosted its position in Toll Brothers by 297.8% during the fourth quarter. GDS Wealth Management now owns 12,419 shares of the construction company's stock worth $1,564,000 after purchasing an additional 9,297 shares during the period. Institutional investors own 91.76% of the company's stock.

Toll Brothers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were paid a $0.25 dividend. This is a boost from Toll Brothers's previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, April 11th. This represents a $1.00 annualized dividend and a dividend yield of 0.96%. Toll Brothers's payout ratio is presently 7.42%.

Toll Brothers Company Profile

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.