TOL - Toll Brothers, Inc.

NYSE - NYSE Delayed Price. Currency in USD
34.94
-1.06 (-2.94%)
At close: 4:02PM EDT
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Previous Close36.00
Open35.79
Bid34.39 x 1100
Ask35.70 x 1300
Day's Range34.87 - 36.39
52 Week Range28.68 - 39.58
Volume2,374,951
Avg. Volume1,668,871
Market Cap5.027B
Beta (3Y Monthly)0.66
PE Ratio (TTM)7.41
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.44 (1.22%)
Ex-Dividend Date2019-07-11
1y Target EstN/A
Trade prices are not sourced from all markets
  • Toll Brothers quarterly profits fall 24%
    Yahoo Finance Video

    Toll Brothers quarterly profits fall 24%

    Shares of Toll Brothers continue to be under pressure today despite the company reporting above earnings-per-share estimates. Yahoo Finance's Scott Gamm breaks it down.

  • Will Toll Brothers, Inc.'s (NYSE:TOL) Earnings Grow Over The Next Year?
    Simply Wall St.

    Will Toll Brothers, Inc.'s (NYSE:TOL) Earnings Grow Over The Next Year?

    On 31 July 2019, Toll Brothers, Inc. (NYSE:TOL) released its most recent earnings update. Generally, analyst consensus...

  • Barrons.com

    Toll Brothers Stock Looks Cheap, but an Analyst Doesn’t See a Reason to Buy

    Wells Fargo downgraded its rating on Toll Brothers stock, seeing few drivers to push shares higher in the near term.

  • Homebuilders open communities, model homes in Houston area
    American City Business Journals

    Homebuilders open communities, model homes in Houston area

    Three master-planned communities around the Houston area recently announced a grand opening, the opening of model homes and the opening of a new section.

  • Thomson Reuters StreetEvents

    Edited Transcript of TOL earnings conference call or presentation 21-Aug-19 3:00pm GMT

    Q3 2019 Toll Brothers Inc Earnings Call

  • Toll Brothers Inc (TOL) Q3 2019 Earnings Call Transcript
    Motley Fool

    Toll Brothers Inc (TOL) Q3 2019 Earnings Call Transcript

    TOL earnings call for the period ending June 30, 2019.

  • Companies to Watch: Toll Brothers reveals mixed quarter, Cree slides, movie studios battle over Spider-Man
    Yahoo Finance

    Companies to Watch: Toll Brothers reveals mixed quarter, Cree slides, movie studios battle over Spider-Man

    Toll Brothers, Cree, Alibaba, Disney, Sony and Helios and Matheson Analytics are the companies to watch.

  • Benzinga

    Analyst Roundup: Should Toll Brothers Investors Build A Position After Q3 Report?

    Toll Brothers Inc (NYSE: TOL ) reported a top-and-bottom-line beat in its fiscal third-quarter  on Tuesday. The luxury homebuilder followed up with encouraging commentary on the fiscal fourth quarter. ...

  • Luxury Homebuilder's Woes Show Mounting U.S. Slowdown Fears
    Bloomberg

    Luxury Homebuilder's Woes Show Mounting U.S. Slowdown Fears

    (Bloomberg) -- Wealthy buyers are pulling back from some of the most expensive housing markets in the U.S., the latest sign that sky-high prices and fears of a recession are weighing on a key sector of the economy.Toll Brothers Inc., the nation’s largest publicly traded luxury-home builder, said late Tuesday that purchase agreements fell 3% from a year earlier, worse than a decline of less than 1% that was expected by a Bloomberg survey of six analysts. The company’s orders in California, home to some of the priciest markets in the country, tumbled 36% from a year earlier.The shares were down 4.1% to $35.40 at 12:55 p.m. New York time after earlier falling as much as 6.3%. It was the worst performance in an S&P index of homebuilders, which rose 0.8%.Toll’s results underscore a shift taking place in the U.S. housing market. The return of low mortgage rates is heating up competition for starter homes and fueling steep price gains in cities that have long been more affordable. Meanwhile, expensive markets, like San Jose and Seattle, as well as the luxury homes that Toll builds, have seen a drop-off in demand.Purchases of previously owned U.S. homes, which cost less than half of Toll’s offerings on average, rose to a five-month high in July, the National Association of Realtors said Wednesday.Toll’s buyers “are a little more sensitive to what’s going on in the broader economy,” said Drew Reading, an analyst at Bloomberg Intelligence. “They’re paying more attention to the stock market.”Slowdown SignsWall Street and Washington have been buzzing this month about the potential for an economic slowdown after U.S. equities suffered one of the deepest sell-offs of the year on Aug. 14 and a key portion of the U.S. Treasury yield curve inverted for the first time in 12 years. New-home sales also were weaker than expected in June.Homebuilders that cater to entry-level buyers are better positioned to weather shifting demand, Reading said. Shares of D.R. Horton Inc., which focuses on starter homes, have climbed 41% this year through Tuesday, while Toll Brothers was up 12%.The luxury builder’s biggest challenge may be its concentration in California, where its homes under contract had an average price of $1.74 million in the quarter. Chinese buyers have pulled back there and the federal tax overhaul limited deductions for property levies and mortgage interest.As at other homebuilders, Toll’s profits have gotten squeezed by the need to drive sales with buyer incentives. Fewer California deals, with their relatively fat margins, also didn’t help. Toll’s full-year guidance for adjusted gross margin of 23% was slightly lower than the consensus of 23.2%, based on a Bloomberg survey of analysts.‘Tailwinds’ IntactToll is off to a good start in August, Chief Executive Officer Doug Yearley said on a call with analysts. The company was able to increase prices in about half its markets, he said.“With demographics improving, low interest rates, record-low unemployment, continued wage growth and limited new and resale inventory in many markets, we are optimistic about the opportunities ahead,” Yearley said.The company said the weakness in California was primarily in the northern part of the state and that order growth will improve in subsequent quarters because the year-over-year comparisons will be with periods that were softer. The sales slowdown for new homes took hold late last summer.“It’s no secret that lower prices is a better place to be right now,” Jack Micenko, an analyst with Susquehanna International Group, said after the call. “But I think the numbers this quarter were very much a function of how good things were well into the summer last year and then they fell off a cliff.”The company has been looking to scale up its business in other parts of the country and build slightly less-expensive homes for wealthy millennials. That will lead to lower average prices and potentially an increase in sales because the pool of more-affordable homes is greater.“They are diversifying the type of product they’re building, but it’s not a transformation that happens overnight,” said Alex Barron, an analyst with the Housing Research Center in El Paso, Texas. “Toll Brothers is luxury. They’re not going to go from being a Nordstrom to being Walmart.”(Updates with existing-home sales, CEO and analyst comments.)To contact the reporters on this story: Noah Buhayar in Seattle at nbuhayar@bloomberg.net;Prashant Gopal in Boston at pgopal2@bloomberg.netTo contact the editors responsible for this story: Debarati Roy at droy5@bloomberg.net, Christine Maurus, Josh FriedmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Zacks Market Edge Highlights: Toll Brothers, Target, L Brands and Salesforce
    Zacks

    Zacks Market Edge Highlights: Toll Brothers, Target, L Brands and Salesforce

    Zacks Market Edge Highlights: Toll Brothers, Target, L Brands and Salesforce

  • Reuters

    CORRECTED-US STOCKS-Target, Lowe's earnings push Wall St higher ahead of Fed minutes

    Wall Street's main indexes rose about 1% on Wednesday, as upbeat earnings from retailers Lowe's and Target reinforced confidence in consumer demand, while investors awaited the release of the Fed minutes for further clues on the path of interest rate cuts. Big-box retailer Target Corp surged 19.5%, set for its biggest one-day percentage jump, after it raised its annual earnings forecast.

  • Barrons.com

    Toll Brothers Stock Slips as Home Orders Take a Hit

    Toll Brothers stock was down after the company reported fiscal third-quarter earnings. Though earnings per share solidly beat expectations, analysts were disappointed by a decline in unit orders.

  • Reuters

    US STOCKS-Target, Lowe's earnings drive Wall Street higher

    U.S. stocks advanced on Wednesday following upbeat earnings from retailers Lowe's and Target that reinforced confidence in consumer demand, while investors awaited the release of the Fed minutes for further clues on the path of future rate cuts. Big-box retailer Target Corp surged 18.2%, the most on the S&P 500 index, after it beat quarterly profit estimates and raised its annual earnings forecast.

  • Zacks

    Toll Brothers (TOL) Q3 Earnings Top, Orders Fall, Stock Down

    Although reduced mortgage rates and solid job market have helped Toll Brothers (TOL) to post better-than-expected fiscal Q3 numbers, lower orders raise a concern.

  • Stocks: Target, Lowe's Soar in Premarket on Strong 2Q Numbers
    Investing.com

    Stocks: Target, Lowe's Soar in Premarket on Strong 2Q Numbers

    Investing.com -- Stocks in focus in premarket trading on Wednesday, 21 August:

  • TheStreet.com

    [video]Toll Brothers Beats Earnings Estimates Despite a Drop in Orders

    Luxury-home builder Toll Brothers beat fiscal third-quarter earnings estimates despite a drop in new orders. The company posted earnings of $1 a share vs. $1.26 in the year-earlier period. Analysts were expecting a profit of 82 cents a share, according to Zacks.

  • Toll Brothers (TOL) Beats Q3 Earnings and Revenue Estimates
    Zacks

    Toll Brothers (TOL) Beats Q3 Earnings and Revenue Estimates

    Toll Brothers (TOL) delivered earnings and revenue surprises of 21.95% and 4.12%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Toll Brothers Earnings Beat But Luxury Homebuilder's Orders Fall
    Investor's Business Daily

    Toll Brothers Earnings Beat But Luxury Homebuilder's Orders Fall

    Luxury homebuilder stock Toll Brothers beat fiscal third-quarter forecasts after the close Tuesday, but signed contracts fell.

  • Reuters

    UPDATE 3-Toll Brothers profit beat clouded by weakness in orders

    Toll Brothers Inc reported a better-than-expected quarterly profit on higher home prices, but its shares fell as orders declined, hinting at weaker demand for new homes. Slowing economic growth and recent stock market volatility, triggered by an escalating U.S.-China trade war, have made some Chinese buyers more cautious about investing in the U.S. property market, potentially weighing on homebuilders.

  • Toll Brothers profit beat clouded by weakness in orders
    Reuters

    Toll Brothers profit beat clouded by weakness in orders

    Slowing economic growth and recent stock market volatility, triggered by an escalating U.S.-China trade war, have made some Chinese buyers more cautious about investing in the U.S. property market, potentially weighing on homebuilders. Backlog at the end of the quarter was $5.84 billion and 6,839 units, compared with $6.48 billion and 7,100 units a year earlier.

  • This Week's Must-See Earnings Charts
    Zacks

    This Week's Must-See Earnings Charts

    Retail, tech and homebuilders will dominate this week's earnings news. These are the stocks to watch.

  • Read This Before You Buy Toll Brothers, Inc. (NYSE:TOL) Because Of Its P/E Ratio
    Simply Wall St.

    Read This Before You Buy Toll Brothers, Inc. (NYSE:TOL) Because Of Its P/E Ratio

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Home Depot, Kohl's earnings — What to know in markets Tuesday
    Yahoo Finance

    Home Depot, Kohl's earnings — What to know in markets Tuesday

    Retail takes centerstage Tuesday. Two heavyweights, Home Depot and Kohl’s, will release quarterly results ahead of the market open.

  • Homebuilders Could Enter Bull Markets
    Investopedia

    Homebuilders Could Enter Bull Markets

    The collapse in bond yields should underpin home sales and the U.S. economy, lifting this troubled sector into a new uptrend.

  • Homebuilder Toll Brothers Reports Earnings in a Shaky Housing Market
    TheStreet.com

    Homebuilder Toll Brothers Reports Earnings in a Shaky Housing Market

    Buy Toll Brothers weakness to its semiannual value level at $33.34 on the assumption that lower mortgage rates will prompt home buying in all home price ranges.