1 day Ago By ABMN Staff
Toll Brothers, Inc. ( NYSE:TOL – Get Free Report ) announced a quarterly dividend on Tuesday, September 17th, NASDAQ reports. Shareholders of record on Friday, October 11th will be given a dividend of 0.
23 per share by the construction company on Friday, October 25th. This represents a $0.92 dividend on an annualized basis and a yield of 0.
61%. The ex-dividend date of this dividend is Friday, October 11th. Toll Brothers has increased its dividend payment by an average of 23.
6% annually over the last three years. Toll Brothers has a payout ratio of 6.3% indicating that its dividend is sufficiently covered by earnings.
Equities analysts expect Toll Brothers to earn $14.59 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 6.
3%. Toll Brothers Trading Down 0.3 % Shares of TOL stock traded down $0.
51 during trading hours on Wednesday, reaching $150.15. The company had a trading volume of 1,805,954 shares, compared to its average volume of 1,406,255.
The company has a debt-to-equity ratio of 0.38, a current ratio of 4.52 and a quick ratio of 0.
57. Toll Brothers has a 1-year low of $68.08 and a 1-year high of $154.
62. The company has a 50 day moving average of $135.72 and a 200 day moving average of $125.
92. The firm has a market cap of $15.41 billion, a price-to-earnings ratio of 10.
29, a P/E/G ratio of 1.19 and a beta of 1.67.
Insider Transactions at Toll Brothers In related news, CFO Martin P. Connor sold 22,673 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $143.
28, for a total value of $3,248,587.44. Following the completion of the sale, the chief financial officer now directly owns 14,721 shares in the company, valued at approximately $2,109,224.
88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . In other Toll Brothers news, CEO Douglas C.
Jr. Yearley sold 87,584 shares of the company’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $147.
49, for a total value of $12,917,764.16. Following the transaction, the chief executive officer now directly owns 346,382 shares in the company, valued at $51,087,881.
18. The transaction was disclosed in a filing with the SEC, which is available through the SEC website . Also, CFO Martin P.
Connor sold 22,673 shares of the stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $143.28, for a total transaction of $3,248,587.
44. Following the completion of the transaction, the chief financial officer now directly owns 14,721 shares in the company, valued at $2,109,224.88.
The disclosure for this sale can be found here . 1.54% of the stock is owned by company insiders.
Analysts Set New Price Targets Several analysts recently commented on TOL shares. Argus raised their price objective on Toll Brothers from $135.00 to $140.
00 and gave the stock a “buy” rating in a research note on Thursday, June 6th. Wedbush boosted their price objective on Toll Brothers from $120.00 to $148.
00 and gave the company a “neutral” rating in a research report on Tuesday, August 27th. Bank of America raised their target price on shares of Toll Brothers from $150.00 to $160.
00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. The Goldman Sachs Group upgraded shares of Toll Brothers from a “sell” rating to a “neutral” rating and upped their price target for the company from $112.00 to $124.
00 in a report on Monday, June 17th. Finally, Seaport Res Ptn lowered shares of Toll Brothers from a “hold” rating to a “strong sell” rating in a report on Sunday, August 4th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company.
Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $144.67. Get Our Latest Stock Report on TOL Toll Brothers Company Profile ( Get Free Report ) 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. Featured Stories Receive News & Ratings for Toll Brothers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toll Brothers and related companies with MarketBeat.
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