Toll Brothers Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Toll Brothers, Inc. TOL is expected to release earnings results for its first quarter, after the closing bell on Feb. 20, 2024.

Analysts expect the company to report quarterly earnings at $1.78 per share, up from year-ago earnings of $1.7 per share. The company is projected to post revenue of $1.86 billion for the latest quarter, according to data from Benzinga Pro.

The St. Joe Company recently announced a new builder relationship and the execution of a contract for homesites in Panama City Beach with Toll Brothers.

Toll Brothers shares fell 1.9% to close at $102.18 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Seaport Global analyst Mark Weintraub downgraded the stock from Buy to Neutral on Jan. 22, 2024. This analyst has an accuracy rate of 78%.
• Raymond James analyst Buck Home maintained a Strong Buy rating and increased the price target from $110 to $120 on Dec. 8, 2023. This analyst has an accuracy rate of 73%.
• RBC Capital analyst Mike Dahl maintained an Outperform rating and boosted the price target from $90 to $97 on Dec. 7, 2023. This analyst has an accuracy rate of 73%.
• UBS analyst John Lovallo maintained a Buy rating and raised the price target from $96 to $112 on Dec. 7, 2023. This analyst has an accuracy rate of 75%.
• Barclays analyst Matthew Bouley maintained an Underweight rating and increased the price target from $74 to $95 on Dec. 7, 2023. This analyst has an accuracy rate of 79%.

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