Toro Stock Forecast, Price & News

Toro (NYSE:TTC) Frequently Asked Questions

Is Toro a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toro in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Toro stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TTC, but not buy additional shares or sell existing shares.
View analyst ratings for Toro or view top-rated stocks.

How has Toro's stock been impacted by Coronavirus (COVID-19)?

Toro's stock was trading at $69.57 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TTC stock has increased by 47.0% and is now trading at $102.29.
View which stocks have been most impacted by COVID-19.

Are investors shorting Toro?

Toro saw a decline in short interest in October. As of October 29th, there was short interest totaling 1,490,000 shares, a decline of 15.3% from the October 14th total of 1,760,000 shares. Based on an average daily trading volume, of 441,700 shares, the days-to-cover ratio is currently 3.4 days. Approximately 1.4% of the company's stock are short sold.
View Toro's Short Interest.

When is Toro's next earnings date?

Toro is scheduled to release its next quarterly earnings announcement on Wednesday, December 15th 2021.
View our earnings forecast for Toro.

How can I listen to Toro's earnings call?

Toro will be holding an earnings conference call on Wednesday, December 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Toro's earnings last quarter?

The Toro Company (NYSE:TTC) announced its quarterly earnings results on Wednesday, September, 1st. The company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.16. The firm had revenue of $976.20 million for the quarter, compared to analyst estimates of $954.66 million. Toro had a trailing twelve-month return on equity of 33.79% and a net margin of 10.99%. The business's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.82 EPS.
View Toro's earnings history.

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

Toro declared a quarterly dividend on Tuesday, September 21st. Shareholders of record on Wednesday, October 6th will be paid a dividend of $0.2625 per share on Thursday, October 21st. This represents a $1.05 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Tuesday, October 5th.
View Toro's dividend history.

Is Toro a good dividend stock?

Toro pays an annual dividend of $1.05 per share and currently has a dividend yield of 1.02%. Toro has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Toro is 27.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Toro will have a dividend payout ratio of 28.30% next year. This indicates that Toro will be able to sustain or increase its dividend.
View Toro's dividend history.

When did Toro's stock split? How did Toro's stock split work?

Shares of Toro split on the morning of Monday, September 19th 2016. The 2-1 split was announced on Thursday, August 18th 2016. The newly minted shares were distributed to shareholders after the closing bell on Friday, September 16th 2016. An investor that had 100 shares of Toro 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 FY 2021 earnings guidance on Thursday, September, 30th. The company provided EPS guidance of $3.530-$3.570 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.550. The company issued revenue guidance of $3.95 billion-$3.95 billion, compared to the consensus revenue estimate of $3.84 billion.

What price target have analysts set for TTC?

3 analysts have issued twelve-month target prices for Toro's stock. Their forecasts range from $85.00 to $116.00. On average, they anticipate Toro's share price to reach $100.50 in the next year. This suggests that the stock has a possible downside of 1.7%.
View analysts' price targets for Toro or view top-rated stocks among Wall Street analysts.

Who are Toro's key executives?

Toro's management team includes the following people:

• Richard M. Olson, Chairman, President & Chief Executive Officer (LinkedIn Profile)
• Kevin Carpenter, VP-Global Operations & Integrated Supply Chain
• Renee J. Peterson, VP, Chief Financial & Accounting Officer
• Bradley A. Hamilton, Group VP-Commercial, International & Irrigation
• Blake M. Grams, VP-Sustainability & Business Analytics

What is Richard M. Olson's approval rating as Toro's CEO?

35 employees have rated Toro CEO Richard M. Olson on Glassdoor.com. Richard M. Olson has an approval rating of 95% among Toro's employees. This puts Richard M. Olson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Toro's key competitors?

Some companies that are related to Toro include Deere & Company (DE), Caterpillar (CAT), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), AGCO (AGCO), Oshkosh (OSK), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Lindsay (LNN), Astec Industries (ASTE) and Greenbrier Companies (GBX).
View all of TTC's competitors.

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.44%), Kayne Anderson Rudnick Investment Management LLC (3.36%), Victory Capital Management Inc. (2.67%), Nordea Investment Management AB (2.62%), Mairs & Power Inc. (2.45%) and Neuberger Berman Group LLC (2.38%). Company insiders that own Toro stock include Amy E Dahl, Blake M Grams, Bradley A Hamilton, Darren L Redetzke, 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, Peter D Moeller, Renee J Peterson, Richard M Olson and Richard W Rodier.
View institutional ownership trends for Toro.

Which institutional investors are selling Toro stock?

TTC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Lombard Odier Asset Management Europe Ltd, Deutsche Bank AG, Millennium Management LLC, Kayne Anderson Rudnick Investment Management LLC, Barclays PLC, Mairs & Power Inc., and Neuberger Berman Group LLC. Company insiders that have sold Toro company stock in the last year include Blake M Grams, Bradley A Hamilton, Gregg W Steinhafel, Gregory S Janey, James Calvin O'rourke, Janet Katherine Cooper, Jody M Christy, Katherine J Harless, Peter D Moeller, Richard M Olson, and Richard W Rodier.
View insider buying and selling activity for Toro or view top insider-selling stocks.

Which institutional investors are buying Toro stock?

TTC stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Victory Capital Management Inc., Impax Asset Management Group plc, Invesco Ltd., Royal Bank of Canada, Arrowstreet Capital Limited Partnership, Moors & Cabot Inc., and Moors & Cabot Inc..
View insider buying and selling activity for Toro or or view top insider-buying stocks.

How do I buy shares of Toro?

Shares of TTC 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 $102.29.

How much money does Toro make?

Toro has a market capitalization of $10.89 billion and generates $3.38 billion in revenue each year. The company earns $329.70 million in net income (profit) each year or $3.88 on an earnings per share basis.

How many employees does Toro have?

Toro employs 9,979 workers across the globe.

What is Toro's official website?

The official website for Toro is www.thetorocompany.com.

Where are Toro's headquarters?

Toro is headquartered at 8111 Lyndale Avenue South, Bloomington MN, 55420.

How can I contact Toro?

Toro's mailing address is 8111 Lyndale Avenue South, Bloomington MN, 55420. The company can be reached via phone at (952) 888-8801, via email at [email protected], or via fax at 952-887-8258.