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QQQ   320.93
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Bear market expert makes new prediction (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Bear market expert makes new prediction (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Bear market expert makes new prediction (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Bear market expert makes new prediction (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
NYSE:TTC

Toro - TTC Stock Forecast, Price & News

$111.16
+2.16 (+1.98%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$109.50
$111.24
50-Day Range
$106.02
$115.91
52-Week Range
$71.86
$117.66
Volume
574,369 shs
Average Volume
631,442 shs
Market Capitalization
$11.59 billion
P/E Ratio
24.38
Dividend Yield
1.22%
Price Target
$123.00

Toro MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
10.7% Upside
$123.00 Price Target
Short Interest
Healthy
1.47% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.28mentions of Toro in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$10.30 M Sold Last Quarter
Proj. Earnings Growth
15.31%
From $4.90 to $5.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Consumer Discretionary Sector

60th out of 264 stocks

Lawn & Garden Equipment Industry

1st out of 1 stocks


TTC stock logo

About Toro (NYSE:TTC) Stock

The 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.

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TTC Stock News Headlines

5 Hypergrowth Stocks to Buy Now
Luke Lango has found 14 stocks that have gone up over 1,000%. Now he’s named his top stocks for 2023. Just click to claim your copy. pixel
The Toro Company (NYSE:TTC) VP Sells $326,460.00 in Stock
The Toro Company (NYSE:TTC) VP Sells $2,917,385.00 in Stock
Toro (NYSE:TTC) Upgraded by StockNews.com to Buy
The Toro Company (TTC) To Go Ex-Dividend on April 5th
This Tech Stock Could be the Next Amazon
You can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. pixel
Does Toro (NYSE:TTC) Deserve A Spot On Your Watchlist?
See More Headlines
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TTC Company Calendar

Ex-Dividend for 1/11 Dividend
12/27/2022
Dividend Payable
1/11/2023
Last Earnings
3/09/2023
Today
3/31/2023
Ex-Dividend for 4/19 Dividend
4/05/2023
Dividend Payable
4/19/2023
Next Earnings (Estimated)
6/01/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Lawn & garden equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
89109210
Employees
11,287
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$123.00
High Stock Price Forecast
$130.00
Low Stock Price Forecast
$116.00
Forecasted Upside/Downside
+10.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$443.34 million
Pretax Margin
12.61%

Debt

Sales & Book Value

Annual Sales
$4.51 billion
Cash Flow
$5.38 per share
Book Value
$13.85 per share

Miscellaneous

Free Float
101,970,000
Market Cap
$11.59 billion
Optionable
Optionable
Beta
0.73

Key Executives

  • Richard M. OlsonRichard M. Olson
    Chairman, President & Chief Executive Officer
  • Kevin Carpenter
    VP-Global Operations & Integrated Supply Chain
  • Angela Drake
    Chief Financial Officer & Vice President
  • Amy E. DahlAmy E. Dahl
    Secretary, Vice President & General Counsel
  • Blake M. GramsBlake M. Grams
    Vice President-Sustainability & Business Analytics













TTC Stock - Frequently Asked Questions

Should I buy or sell Toro stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toro in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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?

3 Wall Street research analysts have issued 1-year price objectives for Toro's shares. Their TTC share price forecasts range from $116.00 to $130.00. On average, they expect the company's stock price to reach $123.00 in the next year. This suggests a possible upside of 10.7% 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 start of the year. Since then, TTC stock has decreased by 1.8% and is now trading at $111.16.
View the best growth stocks for 2023 here
.

Are investors shorting Toro?

Toro saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,440,000 shares, an increase of 15.2% from the February 13th total of 1,250,000 shares. Based on an average daily volume of 706,300 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.4% of the shares of the stock are short sold.
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 1st 2023.
View our TTC earnings forecast
.

How were Toro's earnings last quarter?

The Toro Company (NYSE:TTC) issued its quarterly earnings results on Thursday, March, 9th. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.07. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. Toro had a net margin of 10.16% and a trailing twelve-month return on equity of 36.04%. The company's quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.66 earnings per share.

How often does Toro pay dividends? What is the dividend yield for Toro?

Toro declared a quarterly dividend on Tuesday, March 21st. Investors of record on Thursday, April 6th will be given a dividend of $0.34 per share on Wednesday, April 19th. This represents a $1.36 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Wednesday, April 5th.
Read our dividend analysis for TTC
.

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 1.24%. 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 24.07% 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 on the morning of Monday, September 19th 2016. The 2-1 split was announced on Thursday, August 18th 2016. The newly issued 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 issued an update on its FY23 earnings guidance on Thursday, March, 9th. The company provided earnings per share (EPS) guidance of $4.70-$4.90 for the period, compared to the consensus EPS estimate of $4.90. The company issued revenue guidance of $4.83-$4.97 billion, compared to the consensus revenue estimate of $4.97 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 retail and institutional investors. Top institutional investors include Select Equity Group L.P. (5.58%), Price T Rowe Associates Inc. MD (4.84%), JPMorgan Chase & Co. (3.80%), Victory Capital Management Inc. (3.60%), Victory Capital Management Inc. (3.58%) and Neuberger Berman Group LLC (2.25%). 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, 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 $111.16.

How much money does Toro make?

Toro (NYSE:TTC) has a market capitalization of $11.59 billion and generates $4.51 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 4/1/2023 by MarketBeat.com Staff