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Wednesday, March 22, 2023

Investing In Toll Brothers Inc. (NYSE: TOL): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Toll Brothers Inc. (TOL) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $60.12. The Toll Brothers Inc. has recorded 243,244 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Toll Brothers Apartment Living® Opens Notion, New Luxury Apartment Community in Decatur, Georgia.


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Stocks Info

The company is listed on the NYSE and operates within the Residential Construction industry segment. At the end of the last regular session, the stock closed at $60.12 and fluctuated between $60.72 as its day high and $59.44 as its day low. The current market capitalization of Toll Brothers Inc. is $6.54B. A total of 1.4 million shares were traded on the day, compared to an average of 1.53M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TOL has seen 20 BUY and 16 SELL insider trades, representing the acquisition of 420,259 and the disposition of 294,188 shares. Over the last 12 months, there were 22 BUYs and 19 SELLs from insiders. Insiders purchased 429,513 shares during that period but sold 297,714.

In the most recent transaction, GARVEY CHRISTINE sold 125 shares of TOL for 58.85 per share on Mar 02. After the transaction, the Director now owns 11,264 company shares. In a previous transaction on Feb 27, MARBACH CARL B sold 10,000 shares at 58.69 per share. TOL shares that Director owns now total 65,066.

Among the insiders who sold shares, SHAPIRO PAUL E disposed of 1,000 shares on Feb 23 at a per-share price of $58.38. This resulted in the Director holding 136,098 shares of TOL after the transaction. In another insider transaction, GARVEY CHRISTINE sold 910 shares at $57.98 per share on Feb 23. Company shares held by the Director now total 12,138.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Toll Brothers Inc. pays an annual dividend of $0.80, resulting in a dividend yield of 1.33%, and it has a price to earnings (P/E) ratio of 5.21. TOL’s most recent ex-dividend date was 1/5/2023 when it declared a $0.20 quarterly dividend that was paid in cash on 1/20/2023. Previously, the company paid the dividend on 10/21/2022 with an ex-dividend date of 10/6/2022. The TOL stock dividend was $0.20 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TOL in the last 3 months, the mean price target is $66.15 with high estimates of $80.00 and low estimates of $50.00. In terms of 52-week highs and lows, TOL has a high of $63.19 and a low of $39.53.

As of this writing, TOL has an earnings estimate of $1.41 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.71 per share and a lower estimate of $1.31. The company reported an EPS of $2.35 in the last quarter, which was 2.20% higher than expectations of $2.3.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 19 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TOL is Underweight with a score of 3.64. A total of 8 analysts rated the stock as Buy while 2 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.

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