Wedbush Issues Positive Estimate for Toll Brothers Earnings

Toll Brothers, Inc. (NYSE:TOL) – Equities researchers at Wedbush boosted their Q3 2025 earnings per share estimates for Toll Brothers in a research report issued 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 previous 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.

A number of other equities research analysts have also recently weighed in on TOL. Barclays raised their price target on Toll Brothers from $116.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, August 22nd. Wells Fargo & Company raised their target price on Toll Brothers from $163.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Evercore ISI upped their price target on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a research report on Wednesday. Oppenheimer reissued an “outperform” rating and set a $189.00 price objective on shares of Toll Brothers in a report on Thursday. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $150.00 target price (down from $166.00) on shares of Toll Brothers in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Toll Brothers currently has an average rating of “Moderate Buy” and a consensus price target of $152.53.

Toll Brothers Stock Performance

NYSE TOL opened at $133.85 on Friday. The firm has a market cap of $13.51 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 1.07 and a beta of 1.69. The company has a current ratio of 4.92, a quick ratio of 0.57 and a debt-to-equity ratio of 0.37. Toll Brothers has a 1-year low of $95.46 and a 1-year high of $169.52. The company has a 50 day moving average of $153.08 and a 200-day moving average of $139.16.

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

Toll Brothers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 10th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 0.69%. The ex-dividend date is Friday, January 10th. Toll Brothers’s payout ratio is 6.12%.

Insiders Place Their Bets

In related news, CEO Douglas C. Jr. Yearley sold 25,000 shares of the company’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $158.23, for a total value of $3,955,750.00. Following the completion of the sale, the chief executive officer now owns 221,382 shares in the company, valued at $35,029,273.86. This represents a 10.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John A. Mclean sold 1,000 shares of Toll Brothers stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $151.10, for a total value of $151,100.00. Following the transaction, the director now owns 9,944 shares in the company, valued at approximately $1,502,538.40. This represents a 9.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 106,000 shares of company stock worth $16,435,800. Insiders own 1.54% of the company’s stock.

Institutional Investors Weigh In On Toll Brothers

Hedge funds have recently modified their holdings of the business. FMR LLC grew its position in shares of Toll Brothers by 97.7% in the 3rd quarter. FMR LLC now owns 2,118,459 shares of the construction company’s stock valued at $327,281,000 after purchasing an additional 1,046,758 shares during the period. Westfield Capital Management Co. LP acquired a new position in shares of Toll Brothers in the third quarter valued at approximately $111,562,000. Pacer Advisors Inc. increased its position in shares of Toll Brothers by 34.8% during the second quarter. Pacer Advisors Inc. now owns 2,095,673 shares of the construction company’s stock worth $241,380,000 after acquiring an additional 541,140 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in shares of Toll Brothers by 81.0% during the second quarter. Point72 Asset Management L.P. now owns 963,650 shares of the construction company’s stock worth $110,993,000 after acquiring an additional 431,160 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Toll Brothers during the third quarter worth $38,985,000. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Company Profile

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.