Wedbush Brokers Raise Earnings Estimates for Toll Brothers

Toll Brothers, Inc. (NYSE:TOL) – Wedbush raised their Q3 2025 earnings per share (EPS) estimates for shares of Toll Brothers in a research report issued to clients and investors on Wednesday, December 11th. Wedbush analyst J. Mccanless now anticipates that the construction company will earn $4.45 per share for the quarter, up from their prior forecast of $4.40. Wedbush has a “Outperform” rating and a $175.00 price objective on the stock. The consensus estimate for Toll Brothers’ current full-year earnings is $14.55 per share. Wedbush also issued estimates for Toll Brothers’ FY2025 earnings at $15.26 EPS, Q1 2026 earnings at $2.12 EPS, Q2 2026 earnings at $4.07 EPS, Q3 2026 earnings at $5.12 EPS, Q4 2026 earnings at $6.00 EPS and FY2026 earnings at $17.22 EPS.

Other analysts have also issued research reports about the company. StockNews.com lowered Toll Brothers from a “buy” rating to a “hold” rating in a report on Wednesday, September 11th. Oppenheimer reiterated an “outperform” rating and set a $189.00 price objective on shares of Toll Brothers in a research note on Thursday. Wells Fargo & Company raised their target price on shares of Toll Brothers from $163.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Keefe, Bruyette & Woods downgraded shares of Toll Brothers from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $168.00 to $164.00 in a report on Tuesday. Finally, Royal Bank of Canada increased their price target on shares of Toll Brothers from $143.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Toll Brothers presently has a consensus rating of “Moderate Buy” and a consensus price target of $152.53.

Toll Brothers Trading Down 3.3 %

Toll Brothers stock opened at $133.86 on Friday. The company has a market cap of $13.52 billion, a price-to-earnings ratio of 8.91, a P/E/G ratio of 1.07 and a beta of 1.69. The firm has a 50-day moving average of $153.40 and a 200-day moving average of $139.08. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.92 and a quick ratio of 0.57. Toll Brothers has a one year low of $95.46 and a one year high of $169.52.

Toll Brothers (NYSE:TOL) last announced its earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, topping the consensus estimate of $4.34 by $0.29. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The business had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.17 billion. During the same quarter in the prior year, the company posted $4.11 earnings per share. The firm’s revenue was up 10.4% on a year-over-year basis.

Institutional Trading of Toll Brothers

Several large investors have recently modified their holdings of the stock. Larson Financial Group LLC raised its stake in Toll Brothers by 57.9% in the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after purchasing an additional 66 shares in the last quarter. First Trust Direct Indexing L.P. raised its position in shares of Toll Brothers by 1.4% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 5,089 shares of the construction company’s stock valued at $786,000 after buying an additional 72 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Toll Brothers by 11.2% during the 2nd quarter. Fifth Third Bancorp now owns 814 shares of the construction company’s stock worth $94,000 after acquiring an additional 82 shares during the period. First Citizens Bank & Trust Co. lifted its holdings in shares of Toll Brothers by 3.7% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 2,351 shares of the construction company’s stock worth $363,000 after acquiring an additional 83 shares during the period. Finally, Clifford Swan Investment Counsel LLC boosted its position in shares of Toll Brothers by 5.1% during the 2nd quarter. Clifford Swan Investment Counsel LLC now owns 1,839 shares of the construction company’s stock worth $212,000 after acquiring an additional 89 shares in the last quarter. 91.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director John A. Mclean sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $151.10, for a total transaction of $151,100.00. Following the transaction, the director now directly owns 9,944 shares of the company’s stock, valued at approximately $1,502,538.40. This trade represents a 9.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas C. Jr. Yearley sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $154.51, for a total value of $7,725,500.00. Following the completion of the sale, the chief executive officer now owns 246,382 shares of the company’s stock, valued at approximately $38,068,482.82. This trade represents a 16.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,000 shares of company stock worth $16,435,800 in the last quarter. 1.54% of the stock is currently owned by corporate insiders.

Toll Brothers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date is Friday, January 10th. Toll Brothers’s dividend payout ratio is 6.12%.

About Toll Brothers

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.