NYSE:TTC Toro (TTC) Stock Forecast, Price & News $97.04 -7.62 (-7.28%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$95.60▼$102.1750-Day Range$97.04▼$111.1652-Week Range$71.86▼$117.66Volume1.36 million shsAverage Volume608,331 shsMarket Capitalization$10.12 billionP/E Ratio21.28Dividend Yield1.40%Price Target$122.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Toro MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside26.0% Upside$122.25 Price TargetShort InterestHealthy1.63% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 8 Articles This WeekInsider TradingSelling Shares$6.52 M Sold Last QuarterProj. Earnings Growth12.01%From $4.83 to $5.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.99 out of 5 starsConsumer Discretionary Sector13th out of 266 stocksLawn & Garden Equipment Industry1st out of 1 stocks 3.4 Analyst's Opinion Consensus RatingToro has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $122.25, Toro has a forecasted upside of 26.0% from its current price of $97.04.Amount of Analyst CoverageToro has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.63% of the float of Toro has been sold short.Short Interest Ratio / Days to CoverToro has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Toro has recently increased by 22.46%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldToro pays a meaningful dividend of 1.35%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthToro has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Toro is 29.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Toro will have a dividend payout ratio of 25.14% next year. This indicates that Toro will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TTC. Previous Next 2.6 News and Social Media Coverage News SentimentToro has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Toro this week, compared to 4 articles on an average week.Search Interest9 people have searched for TTC on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Toro to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Toro insiders have sold 6,407.26% more of their company's stock than they have bought. Specifically, they have bought $100,146.00 in company stock and sold $6,516,758.00 in company stock.Percentage Held by InsidersOnly 2.22% of the stock of Toro is held by insiders.Percentage Held by Institutions85.14% of the stock of Toro is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Toro are expected to grow by 12.01% in the coming year, from $4.83 to $5.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Toro is 21.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Toro is 21.28, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.61.Price to Book Value per Share RatioToro has a P/B Ratio of 7.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Toro (NYSE:TTC) StockThe Toro Co. is in the business of designing, manufacturing, marketing, and selling professional turf maintenance equipment and services. It operates through the following segments: Professional and Residential. The Professional segment consists of turf and landscape equipment, rental, specialty, and underground construction equipment, snow & ice management equipment, and irrigation and lighting products. The Residential segment includes walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solutions products, including grass trimmers, hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, and underground, hose, and hose-end retail irrigation products sold in Australia and New Zealand. The company was founded by John Samuel Clapper and Henry Clay McCartney on July 10, 1914, and is headquartered in Bloomington, MN.Read More Receive TTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Toro and its competitors with MarketBeat's FREE daily newsletter. Email Address TTC Stock News HeadlinesMay 17, 2023 | marketbeat.comThe 8 Best Agricultural ETFs to Consider for Your Portfolio (TTC)Agriculture ETFs involve investing in agriculture commodities such as sugar, corn, soybeans, coffee and wheat. Learn more.June 7, 2023 | msn.comToro Q2 2023 Earnings PreviewJune 9, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>June 6, 2023 | americanbankingnews.comToro (TTC) Scheduled to Post Earnings on ThursdayJune 2, 2023 | americanbankingnews.comToro Sees Unusually High Options Volume (NYSE:TTC)June 1, 2023 | seekingalpha.comThe Toro Company: A Market Leader With Strong MarginsMay 24, 2023 | americanbankingnews.comThe Toro Company (NYSE:TTC) Receives Consensus Rating of "Moderate Buy" from BrokeragesMay 22, 2023 | americanbankingnews.comToro (NYSE:TTC) Research Coverage Started at CL KingJune 9, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 18, 2023 | americanbankingnews.comToro Sees Unusually Large Options Volume (NYSE:TTC)May 12, 2023 | americanbankingnews.comToro (NYSE:TTC) Upgraded to "Buy" by StockNews.comMay 11, 2023 | marketwatch.comGreenhouse Smart Irrigation Market Is Dazzling Worldwide-Rain Bird Corporation (US), The Toro Company (US), Hunter Industries (US)April 27, 2023 | americanbankingnews.comToro (NYSE:TTC) Upgraded to "Buy" at StockNews.comApril 20, 2023 | americanbankingnews.comToro (NYSE:TTC) Stock Rating Lowered by StockNews.comApril 19, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for The Toro Company's Q2 2023 Earnings (NYSE:TTC)April 17, 2023 | americanbankingnews.comToro (NYSE:TTC) Coverage Initiated at Northland SecuritiesApril 6, 2023 | americanbankingnews.comThe Toro Company (NYSE:TTC) VP Acquires $100,145.50 in StockApril 6, 2023 | americanbankingnews.comStock Traders Buy High Volume of Put Options on Toro (NYSE:TTC)March 31, 2023 | finance.yahoo.comThere's A Lot To Like About Toro's (NYSE:TTC) Upcoming US$0.34 DividendMarch 31, 2023 | americanbankingnews.comInsider Selling: The Toro Company (NYSE:TTC) VP Sells $175,648.80 in StockMarch 30, 2023 | americanbankingnews.comThe Toro Company (NYSE:TTC) VP Sells $326,460.00 in StockMarch 26, 2023 | americanbankingnews.comThe Toro Company (NYSE:TTC) VP Sells $2,917,385.00 in StockMarch 25, 2023 | americanbankingnews.comGary Lee Ellis Sells 5,104 Shares of The Toro Company (NYSE:TTC) StockMarch 25, 2023 | americanbankingnews.comToro (NYSE:TTC) Upgraded by StockNews.com to BuyMarch 23, 2023 | americanbankingnews.comThe Toro Company (TTC) To Go Ex-Dividend on April 5thMarch 23, 2023 | americanbankingnews.comInvestors Purchase Large Volume of Put Options on Toro (NYSE:TTC)March 22, 2023 | americanbankingnews.comBlake M. Grams Sells 11,400 Shares of The Toro Company (NYSE:TTC) StockSee More Headlines TTC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TTC Company Calendar Ex-Dividend for 4/19 Dividend4/05/2023Dividend Payable4/19/2023Last Earnings6/08/2023Today6/09/2023Ex-Dividend for 7/12 Dividend6/20/2023Dividend Payable7/12/2023Next Earnings (Estimated)8/30/2023Fiscal Year End10/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Lawn & garden equipment Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorConsumer Discretionary Current SymbolNYSE:TTC CUSIP89109210 CIK737758 Webwww.thetorocompany.com Phone(952) 888-8801Fax952-887-8258Employees11,287Year FoundedN/APrice Target and Rating Average Stock Price Forecast$122.25 High Stock Price Forecast$133.00 Low Stock Price Forecast$110.00 Forecasted Upside/Downside+26.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.56 Trailing P/E Ratio21.28 Forward P/E Ratio20.09 P/E GrowthN/ANet Income$443.34 million Net Margins10.16% Pretax Margin12.61% Return on Equity36.04% Return on Assets13.53% Debt Debt-to-Equity Ratio0.76 Current Ratio1.78 Quick Ratio0.63 Sales & Book Value Annual Sales$4.73 billion Price / Sales2.14 Cash Flow$4.95 per share Price / Cash Flow19.61 Book Value$12.97 per share Price / Book7.48Miscellaneous Outstanding Shares104,285,000Free Float101,970,000Market Cap$10.12 billion OptionableOptionable Beta0.72 Key ExecutivesRichard M. OlsonChairman, President & Chief Executive OfficerKevin CarpenterVP-Global Operations & Integrated Supply ChainAngela DrakeChief Financial Officer & Vice PresidentAmy E. DahlSecretary, Vice President & General CounselBlake M. GramsVice President-Sustainability & Business AnalyticsKey CompetitorsNewsNASDAQ:NWSALiberty BroadbandNASDAQ:LBRDALiberty BroadbandNASDAQ:LBRDKNewsNASDAQ:NWSChurchill DownsNASDAQ:CHDNView All CompetitorsInsiders & InstitutionsEP Wealth Advisors LLCBought 1,111 shares on 6/5/2023Ownership: 0.001%ProShare Advisors LLCSold 23,940 shares on 5/26/2023Ownership: 0.301%Toroso Investments LLCSold 10,933 shares on 5/23/2023Ownership: 0.011%Ameriprise Financial Inc.Sold 9,538 shares on 5/22/2023Ownership: 0.205%SkyView Investment Advisors LLCBought 7,100 shares on 5/18/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions TTC Stock - Frequently Asked Questions Should I buy or sell Toro stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toro in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TTC shares. View TTC analyst ratings or view top-rated stocks. What is Toro's stock price forecast for 2023? 4 Wall Street research analysts have issued 1 year price objectives for Toro's shares. Their TTC share price forecasts range from $110.00 to $133.00. On average, they predict the company's stock price to reach $122.25 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View analysts price targets for TTC or view top-rated stocks among Wall Street analysts. How have TTC shares performed in 2023? Toro's stock was trading at $113.20 at the beginning of 2023. Since then, TTC shares have decreased by 14.3% and is now trading at $97.03. View the best growth stocks for 2023 here. Are investors shorting Toro? Toro saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,690,000 shares, an increase of 22.5% from the April 30th total of 1,380,000 shares. Based on an average daily trading volume, of 564,000 shares, the short-interest ratio is currently 3.0 days. Approximately 1.6% of the company's stock are sold short. View Toro's Short Interest. When is Toro's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023. View our TTC earnings forecast. How were Toro's earnings last quarter? The Toro Company (NYSE:TTC) announced its earnings results on Thursday, June, 8th. The company reported $1.58 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.06. The business earned $1.34 billion during the quarter, compared to the consensus estimate of $1.44 billion. Toro had a trailing twelve-month return on equity of 36.04% and a net margin of 10.16%. The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $1.25 EPS. How often does Toro pay dividends? What is the dividend yield for Toro? Toro declared a quarterly dividend on Tuesday, May 23rd. Shareholders of record on Wednesday, June 21st will be given a dividend of $0.34 per share on Wednesday, July 12th. This represents a $1.36 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Tuesday, June 20th. Read our dividend analysis for TTC. What ETFs hold Toro's stock? ETFs with the largest weight of Toro (NYSE:TTC) stock in their portfolio include Invesco Water Resources ETF (PHO), VictoryShares THB Mid Cap ESG ETF (MDCP), Profound Medical (PRN), VanEck Agribusiness ETF (MOO), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), SRH U.S. Quality ETF (SRHQ), Invesco S&P MidCap Quality ETF (XMHQ) and WisdomTree U.S. Growth & Momentum Fund (WGRO). Is Toro a good dividend stock? Toro (NYSE:TTC) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TTC will have a dividend payout ratio of 25.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TTC. When did Toro's stock split? Toro shares split before market open on Monday, September 19th 2016. The 2-1 split was announced on Thursday, August 18th 2016. The newly created shares were distributed to shareholders after the closing bell on Friday, September 16th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What guidance has Toro issued on next quarter's earnings? Toro updated its FY 2023 earnings guidance on Thursday, June, 8th. The company provided earnings per share guidance of $4.70-$4.80 for the period, compared to the consensus earnings per share estimate of $4.85. The company issued revenue guidance of $4.83 billion-$4.88 billion, compared to the consensus revenue estimate of $4.99 billion. What is Richard M. Olson's approval rating as Toro's CEO? 35 employees have rated Toro Chief Executive Officer Richard M. Olson on Glassdoor.com. Richard M. Olson has an approval rating of 95% among the company's employees. This puts Richard M. Olson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Toro own? Based on aggregate information from My MarketBeat watchlists, some companies that other Toro investors own include Visa (V), Walt Disney (DIS), Johnson & Johnson (JNJ), NIKE (NKE), UnitedHealth Group (UNH), Alibaba Group (BABA), Sherwin-Williams (SHW), Medtronic (MDT), Starbucks (SBUX) and TJX Companies (TJX). What is Toro's stock symbol? Toro trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTC." Who are Toro's major shareholders? Toro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.81%), Select Equity Group L.P. (5.34%), Price T Rowe Associates Inc. MD (5.06%), Kayne Anderson Rudnick Investment Management LLC (3.26%), JPMorgan Chase & Co. (3.24%) and State Street Corp (3.20%). Insiders that own company stock include Amy E Dahl, Angela C Drake, Blake M Grams, Blake M Grams, Bradley A Hamilton, Darren L Redetzke, Daryn A Walters, Daryn A Walters, Gary Lee Ellis, Gregg W Steinhafel, Gregory S Janey, James Calvin O'rourke, Janet Katherine Cooper, Jeffrey M Ettinger, Jody M Christy, Katherine J Harless, Kurt D Svendsen, Kurt D Svendsen, Peter D Moeller, Renee J Peterson, Richard M Olson and Richard W Rodier. View institutional ownership trends. How do I buy shares of Toro? Shares of TTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Toro's stock price today? One share of TTC stock can currently be purchased for approximately $97.03. How much money does Toro make? Toro (NYSE:TTC) has a market capitalization of $10.12 billion and generates $4.73 billion in revenue each year. The company earns $443.34 million in net income (profit) each year or $4.56 on an earnings per share basis. How many employees does Toro have? The company employs 11,287 workers across the globe. How can I contact Toro? Toro's mailing address is 8111 Lyndale Avenue South, Bloomington MN, 55420. The official website for the company is www.thetorocompany.com. The company can be reached via phone at (952) 888-8801, via email at invest@thetorocompany.com, or via fax at 952-887-8258. This page (NYSE:TTC) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Toro Company Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.