Toll Brothers (NYSE:TOL) Releases Earnings Results, Beats Expectations By $0.04 EPS

Posted by Francis Steltz on Aug 18th, 2026

Toll Brothers (NYSE:TOL – Get Free Report) issued its quarterly earnings results on Tuesday. The construction company reported $2.97 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.04, FiscalAI reports. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.62 billion. Toll Brothers had a return on equity of 15.47% and a net margin of 11.66%.

Toll Brothers Stock Performance

Toll Brothers stock traded down $2.94 during mid-day trading on Tuesday, reaching $142.51. 1,553,135 shares of the company were exchanged, compared to its average volume of 1,150,303. The firm’s 50-day simple moving average is $151.85 and its two-hundred day simple moving average is $146.43. Toll Brothers has a twelve month low of $123.14 and a twelve month high of $168.36. The firm has a market cap of $13.32 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 1.23 and a beta of 1.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 4.67.

Toll Brothers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.04 annualized dividend and a yield of 0.7%. Toll Brothers’s dividend payout ratio is currently 7.87%.

Toll Brothers News Summary

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

Positive Sentiment: Analysts expect relatively strong quarterly results, with projected earnings per share of $2.93 and revenue of approximately $2.62 billion. Better-than-expected results or an upbeat outlook could support the stock. Wall Street Forecasters Revise Toll Brothers Expectations
Positive Sentiment: Toll Brothers’ affluent customer base and roughly $1 million average home price may provide some insulation from broader housing weakness, making luxury-home demand a key potential advantage in the earnings report. Toll Brothers Earnings Will Offer Read on Luxury Home Demand
Positive Sentiment: New luxury communities in Franklin, Tennessee, and Reno, Nevada, expand Toll Brothers’ pipeline and indicate continued development activity, although the near-term financial impact is likely limited. Franklin Ridge Model Home Grand Opening Rivercrest Model Home Grand Opening
Neutral Sentiment: Analyst opinions and price-target revisions are mixed ahead of the report. Investors will likely watch orders, cancellations, margins, deliveries, and management’s guidance more closely than the headline EPS figure. Toll Brothers Q3 2026 Earnings Preview
Negative Sentiment: Rising Treasury yields could push mortgage rates higher, potentially reducing affordability and weighing on demand across home builders, including Toll Brothers. Home Builder Stocks and Bond Yields
Negative Sentiment: A judge temporarily blocked Toll Brothers from building on a disputed easement near Ann Arbor, creating a potential project-delay and legal-risk overhang. Judge Blocks Toll Brothers Construction Near Ann Arbor

Insider Activity at Toll Brothers

In other news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $156.58, for a total value of $12,206,507.06. Following the completion of the sale, the chairman owned 321,256 shares in the company, valued at approximately $50,302,264.48. This trade represents a 19.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Robert Parahus sold 7,500 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $149.66, for a total transaction of $1,122,450.00. Following the transaction, the chief operating officer owned 23,457 shares in the company, valued at approximately $3,510,574.62. This trade represents a 24.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.37% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Toll Brothers

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC acquired a new position in shares of Toll Brothers during the 2nd quarter worth $705,000. Brown Advisory Inc. boosted its holdings in Toll Brothers by 4.6% during the second quarter. Brown Advisory Inc. now owns 4,212 shares of the construction company’s stock worth $481,000 after buying an additional 186 shares in the last quarter. NewEdge Advisors LLC grew its position in Toll Brothers by 5.8% during the second quarter. NewEdge Advisors LLC now owns 6,203 shares of the construction company’s stock worth $708,000 after buying an additional 340 shares during the period. Sei Investments Co. increased its holdings in Toll Brothers by 164.9% in the second quarter. Sei Investments Co. now owns 38,556 shares of the construction company’s stock valued at $4,400,000 after buying an additional 24,001 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in Toll Brothers by 1.5% in the second quarter. Treasurer of the State of North Carolina now owns 46,208 shares of the construction company’s stock valued at $5,274,000 after buying an additional 700 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group upgraded Toll Brothers from a “buy” rating to a “buy” rating in a research note on Tuesday, June 9th. BTIG Research began coverage on Toll Brothers in a report on Tuesday, June 9th. They issued a “buy” rating for the company. Truist Financial cut their price objective on shares of Toll Brothers from $170.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Royal Bank Of Canada restated an “outperform” rating and issued a $158.00 target price on shares of Toll Brothers in a report on Thursday, June 11th. Finally, Citigroup upgraded shares of Toll Brothers from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $146.00 to $176.00 in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $164.88.

View Our Latest Stock Analysis on TOL

Toll Brothers Company Profile

(Get Free Report)

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.