|Bid||39.22 x 800|
|Ask||39.23 x 1200|
|Day's Range||38.53 - 39.46|
|52 Week Range||28.68 - 43.83|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||8.16|
|Earnings Date||May 20, 2019 - May 24, 2019|
|Forward Dividend & Yield||0.44 (1.22%)|
|1y Target Est||38.71|
As the Valley's home prices have risen, several homebuilders have increasingly began turning their attention to entry-level homes targeting first-time home buyers. But to get in, those buyers are are going to have to go to the fringes of the region.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he is willing to recommend 3Pea International Inc (NASDAQ: TPNL ) as a speculative buy. Oracle (NYSE: ORCL ) is an inexpensive stock that ...
Several tenants of the nation's oldest diamond district have received eviction notices as a luxury home developer plans to build a high-rise condo tower on the block. Some tenants of Philadelphia's Jewelers Row say they were told in the notices that arrived this week that they must vacate by May 31. Despite its historic status, Jewelers Row isn't listed in the Philadelphia Register of Historic Places.
Today I will examine Toll Brothers, Inc.'s (NYSE:TOL) latest earnings update (31 January 2019) and compare these figures against its performance over the past couple of years, in addition to how the rest of TOL's industry performed. As...
Toll Brothers Inc NYSE:TOLView full report here! Summary * Perception of the company's creditworthiness is positive and improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for TOL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TOL. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding TOL are favorable with net inflows of $70.79 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. TOL credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Offering distinctive home designs and superior options, Toll Brothers communities nationwide invite home buyers to discover their dream homes. Manufacturer and builder incentives are available for a limited time, so a home buyer can choose a home and truly make it their own at the best possible value. Interest rates continue to be low, and with great financing programs available through TBI Mortgage Company combined with the limited-time savings, home buyers are positioned to have exceptional buying power during this event.
Falling mortgage rates could boost home builders, but the S&P 500 is in a consolidation as traders price in Fed rate cuts by year end.
Toll Brothers (TOL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investors need to pay close attention to Toll Brothers (TOL) stock based on the movements in the options market lately.
Homebuilding stocks, which fell deep into a bear market in 2018, have rebounded an impressive 17% the year, as measured by the SPDR S&P Homebuilders ETF (XHB). The once beaten-down sector has charged well ahead of the market, beating the S&P 500’s 12.5% gain year-to-date, on track for its best quarter in seven years. Investors and analysts say the rebound can be attributed to Fed-induced low mortgage rates and interest rates, per several articles including a CNBC column.
Housing stocks just keep rallying. After a 2018 sell-off that saw the SPDR S&P Homebuilders ETF (NYSEARCA:XHB) fall more than 25% off its highs, housing stocks have bounced back in early 2019 amid a series of fundamental and technical improvements. Year-to-date, the Homebuilders ETF is up nearly 20%.I've been bullish on this group of stocks for a few months now (see here and here). Coming into the year, I felt that there was nowhere for housing stocks to go besides up, and further thought that 2019 would be a breakout year for these beaten up stocks. So far, it's been just that. Now, the big question is: will this rally in housing stocks continue?I think so. I think housing stocks largely have 10% to 20%-plus upside remaining into the end of the year. If so, that would put housing stocks on track to have a 30%-plus up year in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Marijuana Stocks to Play the CBD Trend What are the drivers behind this big 2019 housing stock rally? Let's take a deeper look. Reasons to Buy Housing Stocks: They're Really Beaten UpSource: Grab Media Coming into the year, housing stocks were in major sell-off mode. The Homebuilders ETF was 25% off its highs, while many individual housing stocks were much deeper in the red. LGI Homes (NYSE:LGIH) fell as much as 50% off its highs in late 2018. KB Home (NYSE:KBH), Toll Brothers (NYSE:TOL), Lennar (NYSE:LEN) and PulteGroup (NYSE:PHM) all dropped 30%-plus.Such big sell-offs in housing stocks are usually buying opportunities. The last time you saw such a big downdraft in housing stocks was in early 2016. Before that, it was late 2011. Before that, the housing crisis. Each time, housing stocks proceeded to rebound from their big sell-off. This sell-off appears to be no different, with the bounce-back having already started. Valuations Are CheapSource: Shutterstock Even though housing stocks have broadly rallied 20%-plus in 2019, valuations across the board are still cheap. LGI Homes trades at under 8 times forward earnings. That seems to be about the norm for housing stocks these days. Alongside LGI Homes, home-builders KB Home, Toll Brothers, Lennar and PulteGroup all trade at single-digit forward P/E multiples. * 7 Beaten-Up Stocks to Buy as They Reverse Course Meanwhile, D.R. Horton (NYSE:DHI) trades narrowly above 10-forward earnings, and the most expensive home-building stock on my buy radar -- NVR (NYSE:NVR) -- trades at just 14 times forward earnings, and that's still below the market average forward multiple. Across the board, then, housing stocks are still really cheap. Housing Market Data Is ImprovingSource: Shutterstock Broadly speaking, U.S. housing market data has dramatically improved in 2019 after a slowdown in late 2018.After tumbling to their lowest level in two years in December, housing starts jumped back sharply by nearly 20% in January. Home-builder confidence has likewise bounced back, and is now at multi-month highs. Months supply of homes has dropped back below 7, signaling that the market isn't oversupplied and that demand remains steady.Overall, U.S. housing market data has improved significantly in early 2019. These improvements indicate that 2019 should be a better year for home-builders than most expected a few months ago, and that rosier-than-expected outlook should keep housing stocks on an uptrend. Mortgage Rates Are FallingSource: House Buy Fast via FlickrA big reason for the U.S. housing market turnaround is that financing costs for buying a home have dropped materially over the past few months.Specifically, the Federal Reserve has gone from "let's hike rates at all costs in 2018" to "let's go neutral in 2019," a sharp pivot which has caused a big and beneficial reversal in mortgage rates. In late 2018, 30-year fixed mortgage rates rose 50 basis points from 4.5% to nearly 5%. But, in early 2019, the 30-year fixed mortgage rate has dropped from 5%, to 4.3%. * 10 Stocks on the Rise Heading Into the Second Quarter That's a 70-basis-point drop in mortgage rates, which is significant. That 4.3% rate is also the lowest the 30-year fixed mortgage rate has been in over a year. As such, with financing costs low and only going lower, buyers should keep coming back into the market. The Job Market Is SolidSource: Samuel Mann via Flickr (Modified)For the most part, consumers don't buy houses unless they have jobs. They also don't buy houses unless they are getting raises. But, when consumers have jobs and are getting raises, they tend to buy houses.That's exactly what is happening right now. Recent jobs reports have confirmed that the U.S. labor market remains very healthy. Specifically, the unemployment rate remains at record low levels, wage growth is hitting decade-high levels, and inflation is relatively contained, so real wage growth is very strong.As such, Americans have jobs, and they are getting wealthier. So long as those things remain true, demand in the housing market will remain healthy. Home Ownership Rates Are LowSource: Shutterstock A largely underrated yet important fact about the U.S. housing market is that, despite a strong economy, home ownership rates remain relatively depressed.Specifically, the home ownership rate in the U.S. in the fourth quarter of 2018 was 64.8%. Back at its peak in 2004, home ownership rates were nearly 70%. Indeed, from 1995 to 2013, home ownership rates in the U.S. were consistently above 65%, or above where they are today.The implication is that the U.S. housing market has room to grow under the right circumstances. If the economy keeps firing on all cylinders, if Americans stay employed, if financing costs remain depressed, and if wages keep going up, then the U.S. home ownership rate will naturally make its way from below 65%, to nearly 70%. * 5 Cloud Stocks to Help Your Portfolio Fly That move higher will provide a nice tailwind for housing stocks. Millennials Are Finally Moving OutSource: ITU PicturesOne of the biggest narratives over the past decade has been that a surge in student debt has left recent college graduates both unable and unwilling to get a mortgage on a house. But, it appears that this narrative is finally changing course.Over the past decade, the number of 18-to-34-year-olds living with their parents has been consistently on the rise, and hit 32% in 2016, versus a long term average of 28%. But, in 2017, that figure dropped to 31.5%, the first drop in several years.If this trend reversal persists (and it should under the right circumstances), then demand in the housing market will naturally move higher over the next several quarters and years as Millennial buyers finally enter the market. As they do, depressed housing stocks should stay on a healthy recovery path.As of this writing, Luke Lango was long XHB, LGIH, KBH and TOL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post 7 Reasons to Buy Housing Stocks in 2019 appeared first on InvestorPlace.
Buying a low-cost index fund will get you the average market return. But in any diversified portfolio of stocks, you'll see some that fall short of the average. Unfortunately forRead More...
HORSHAM, Pa., March 14, 2019 -- Toll Brothers, Inc. (NYSE: TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today announced the election of Karen H..
Toll Brothers, Inc. (TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders. The dividend of $0.11 per share will be paid on April 26, 2019 to shareholders of record on the close of business on April 12, 2019. Toll Brothers, Inc., A FORTUNE 500 Company, is the nation's leading builder of luxury homes.
has rallied from its October low but most of the technical indicators are now pointing to renewed price weakness in the weeks ahead. Let's take a walk through of the charts and indicators on this stock discussed by Jim Cramer on Mad Money Friday night. In the daily bar chart of TOL, below, we can see how prices firmed the past three to four months, lifting prices to retest a former support area around $38 that has now become resistance -- buyers on the way to $38 are now sellers on the way back up.
The Royal Palm Beach Village Council unanimously approved on March 7 the rezoning of 200 acres for a mixed-use project called Tuttle Royale. Developer Brian Tuttle, head of Tuttle Land Investments, is the primary landowner of the site near the southwest corner of Southern Boulevard and State Road 7/U.S. 441. “They want a destination out west where people can take their families for dinner and nightlife and movies,” Tuttle said.
Toll Brothers, America’s Luxury Homebuilder ® (TOL), has begun construction on Sterling Grove, a 780-acre master-planned community one-half mile west of the 303 freeway between Cactus Road and Peoria Avenue in the growing Northwest Valley area of Phoenix. The staff-gated, luxury resort community will encompass 2,200 homes and include both age-restricted and family neighborhoods, an 18-hole Jack Nicklaus designed private golf course, and a 35,000 square foot modern ranch-inspired club house with restaurants, spa, fitness, tennis, pools, and pickle ball. Incorporating design and architecture from some of Arizona’s most iconic neighborhoods, the community will include trails, parks, fishing lakes, community gardens, pet friendly parks, and many new and innovative community amenities.
Danielle Hale, Realtor.com Chief Economist, says “the first week of April is the best week to list” because “you’ll get a good price, but you’ll also get a lot of eyeballs and you’ll be less likely to have to lower your price to attract buyers.” Yahoo Finance’s Alexis Christoforous speaks to her.
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 4.3% annual gain in January, down from 4.6% a month earlier. Yahoo Finance's Julie Hyman and Adam Shapiro discuss with Yale University Professor Robert Shiller.