The Toro Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Toro in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" The 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 The Toro or view top-rated stocks.

Wall Street analysts have given The Toro a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Toro wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Toro is scheduled to release its next quarterly earnings announcement on Wednesday, December 15th 2021.
View our earnings forecast for The Toro.

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

The Toro's stock was trading at $69.57 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TTC shares have increased by 47.8% and is now trading at $102.84.
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The Toro declared a quarterly dividend on Tuesday, May 18th. Shareholders of record on Tuesday, June 22nd will be paid a dividend of $0.2625 per share on Wednesday, July 14th. This represents a $1.05 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Monday, June 21st.
View The Toro's dividend history.

The Toro pays an annual dividend of $1.05 per share and currently has a dividend yield of 1.01%. The dividend payout ratio of The Toro is 34.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Toro will have a dividend payout ratio of 27.70% next year. This indicates that The Toro will be able to sustain or increase its dividend.
View The Toro's dividend history.

The Toro shares split before market open on Monday, September 19th 2016. The 2-1 split was announced on Thursday, August 18th 2016. The newly minted shares were payable to shareholders after the closing bell on Friday, September 16th 2016. An investor that had 100 shares of The Toro stock prior to the split would have 200 shares after the split.

The Toro issued an update on its FY 2021 earnings guidance on Thursday, September, 16th. The company provided earnings per share guidance of $3.530-$3.570 for the period, compared to the Thomson Reuters consensus earnings per share 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.

3 analysts have issued 1-year price objectives for The Toro's shares. Their forecasts range from $102.00 to $116.00. On average, they anticipate The Toro's share price to reach $109.00 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
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35 employees have rated The Toro CEO Richard M. Olson on Glassdoor.com. Richard M. Olson has an approval rating of 95% among The Toro's employees. This puts Richard M. Olson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The Toro include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), AGCO (AGCO), Oshkosh (OSK), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Alamo Group (ALG), Lindsay (LNN), Meritor (MTOR), The Greenbrier Companies (GBX) and Astec Industries (ASTE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The Toro investors own include Visa (V), The Walt Disney (DIS), Johnson & Johnson (JNJ), NIKE (NKE), UnitedHealth Group (UNH), Alibaba Group (BABA), The Sherwin-Williams (SHW), Medtronic (MDT), Starbucks (SBUX) and The TJX Companies (TJX).

The Toro trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTC."

The Toro's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.99%), BlackRock Inc. (8.58%), Price T Rowe Associates Inc. MD (6.78%), Kayne Anderson Rudnick Investment Management LLC (3.38%), State Street Corp (2.60%) and Mairs & Power Inc. (2.47%). Company insiders that own The 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 The Toro.

TTC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Bamco Inc. NY, Renaissance Technologies LLC, Wells Fargo & Company MN, US Bancorp DE, Thrivent Financial for Lutherans, and Mairs & Power Inc.. Company insiders that have sold The 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 The Toro or view top insider-selling stocks.

TTC stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Amundi, Champlain Investment Partners LLC, Victory Capital Management Inc., Goldman Sachs Group Inc., State Street Corp, Boston Trust Walden Corp, and Morgan Stanley.
View insider buying and selling activity for The Toro or or view top insider-buying stocks.

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.
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One share of TTC stock can currently be purchased for approximately $102.84.

The Toro has a market capitalization of $10.95 billion and generates $3.38 billion in revenue each year. The company earns $329.70 million in net income (profit) each year or $3.02 on an earnings per share basis.

The Toro employs 9,979 workers across the globe.

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

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

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