Q2 EPS Estimates for Toll Brothers Lowered by Zacks Research

Toll Brothers Inc. (NYSE:TOL) – Stock analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of Toll Brothers in a research note issued on Monday, March 2nd. Zacks Research analyst Team now forecasts that the construction company will post earnings of $2.53 per share for the quarter, down from their previous estimate of $3.12. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Toll Brothers’ current full-year earnings is $13.83 per share. Zacks Research also issued estimates for Toll Brothers’ Q4 2027 earnings at $5.07 EPS and Q1 2028 earnings at $2.44 EPS.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, February 17th. The construction company reported $2.19 EPS for the quarter, topping the consensus estimate of $2.05 by $0.14. Toll Brothers had a net margin of 12.26% and a return on equity of 16.83%. The company had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same period last year, the company posted $1.75 earnings per share. The business’s revenue for the quarter was up 15.4% on a year-over-year basis.

Other analysts have also issued research reports about the company. Oppenheimer restated an “outperform” rating and issued a $180.00 target price (up from $177.00) on shares of Toll Brothers in a report on Thursday, February 19th. BTIG Research assumed coverage on Toll Brothers in a research note on Monday, December 1st. They issued a “neutral” rating for the company. Evercore set a $174.00 price objective on Toll Brothers in a research report on Thursday, February 19th. The Goldman Sachs Group upped their target price on Toll Brothers from $140.00 to $156.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, Wells Fargo & Company increased their price target on shares of Toll Brothers from $170.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $163.60.

Toll Brothers Trading Down 0.4%

Toll Brothers stock opened at $153.61 on Wednesday. The company has a 50 day moving average price of $148.80 and a 200 day moving average price of $141.09. Toll Brothers has a 52 week low of $86.67 and a 52 week high of $168.36. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.62 and a current ratio of 4.57. The firm has a market capitalization of $14.55 billion, a price-to-earnings ratio of 10.97, a P/E/G ratio of 1.20 and a beta of 1.45.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Western Wealth Management LLC lifted its stake in shares of Toll Brothers by 2.6% in the 4th quarter. Western Wealth Management LLC now owns 2,658 shares of the construction company’s stock valued at $359,000 after purchasing an additional 68 shares during the last quarter. Root Financial Partners LLC lifted its position in shares of Toll Brothers by 21.9% in the fourth quarter. Root Financial Partners LLC now owns 389 shares of the construction company’s stock worth $53,000 after buying an additional 70 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of Toll Brothers by 0.4% during the 4th quarter. Merit Financial Group LLC now owns 20,568 shares of the construction company’s stock worth $2,781,000 after acquiring an additional 72 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Toll Brothers by 2.4% during the 4th quarter. IFP Advisors Inc now owns 3,200 shares of the construction company’s stock valued at $433,000 after acquiring an additional 74 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC increased its holdings in shares of Toll Brothers by 0.3% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 26,685 shares of the construction company’s stock valued at $3,633,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Insider Transactions at Toll Brothers

In other news, CEO Douglas C. Jr. Yearley sold 45,116 shares of Toll Brothers stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $160.42, for a total transaction of $7,237,508.72. Following the completion of the sale, the chief executive officer directly owned 321,256 shares in the company, valued at $51,535,887.52. The trade was a 12.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul E. Shapiro sold 3,965 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $146.68, for a total value of $581,586.20. Following the completion of the sale, the director directly owned 118,680 shares of the company’s stock, valued at approximately $17,407,982.40. The trade was a 3.23% decrease in their position. The SEC filing for this sale provides additional information. 1.37% of the stock is owned by company insiders.

Toll Brothers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, January 9th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, January 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio (DPR) is 7.14%.

Key Stories Impacting Toll Brothers

Here are the key news stories impacting Toll Brothers this week:

• Positive Sentiment: Zacks Research raised several forward EPS forecasts (notably FY2027 and FY2028) and bumped Q3/Q4 2026 estimates, signaling a stronger longer‑term earnings outlook despite a “Hold” rating — this supports upside to future profitability and valuation.
• Neutral Sentiment: Toll Brothers announced the final opportunity to buy one of four move‑in ready luxury townhomes at Mira Vista in San Diego, showing continued local demand and closings in a high‑end market. Toll Brothers Announces Final Opportunity to Own a Luxury Townhome at Mira Vista in San Diego, California
• Neutral Sentiment: Toll Brothers opened a new community (Toll Brothers at Quail Ridge) in Ridgefield, WA — an expansion that supports future backlog and revenue but is a routine operational announcement with limited immediate earnings impact. Toll Brothers Announces Grand Opening of Toll Brothers at Quail Ridge in Ridgefield, Washington
• Negative Sentiment: Zacks also cut near‑term quarter estimates (Q1 and Q2 2027) and modestly trimmed FY2026, leaving an overall mixed picture; the firm retains a “Hold” rating, which may limit upside from analyst sentiment.
• Negative Sentiment: Seeking Alpha published a cautious/negative take (“Still Not Enough Conviction To Upgrade To A Buy”), which can amplify investor reluctance to move from Hold to Buy and pressure the stock. Toll Brothers: Still Not Enough Conviction To Upgrade To A Buy

About Toll Brothers

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.