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Toll Brothers Inc. (TOL)

- NYSE
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  • Apr. 19, 2012, 9:12 AM
    Toll Brothers (TOL) +1% premarket as shares are upgraded to Buy from Hold with a price target raised to $30 at Deutsche Bank, which cites a strong balance sheet and the re-emergence of margin premiums that drive TOL's earnings. "We are increasing target prices across the group as investors begin to anticipate recovery."
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  • Apr. 16, 2012, 10:24 AM
    Homebuilders are mixed following a late-in-the-game upgrade of a quintet of stocks in the sector by Raymond James and a disappointing NAHB report. TOL +2.3%, SPF +1.8%, KBH flat, PHM -0.5%, RYL -1.1%. Homebuilders ETF: XHB -0.2%.
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  • Apr. 13, 2012, 7:57 AM
    Lennar (LEN +1.3%), Toll Brothers (TOL), and PulteGroup (PHM +1.9%) are all upgraded to Buy by KeyBanc, which thinks "sustained local job growth" will give the homebuilders a lift. The firm thinks Toll's high-end focus and land acquisitions should allow it to deliver the best performance of the group, while PulteGroup is declared to be its "most cyclical call."
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  • Apr. 11, 2012, 10:42 AM
    Home builders rally sharply after Wells Fargo's survey of sales managers says sales rates are at their strongest levels since the firm began its survey in 2001. The survey says March pricing improved from February, and 2012 may mark the recovery year for the sector after several false starts. PHM +9.2%, LEN +5.4%, DHI +5.9%, TOL +4.3%.
    | 4 Comments
  • Apr. 10, 2012, 8:59 AM
    Goldman Sachs recommends buying shares of high-end home builders Toll Brothers (TOL) and PulteGroup (PHM) after its internal survey showed wealthier consumers more confident about the economy and home prices vs. six months ago. Survey sentiment also showed consumers are more willing to spend on home improvements. TOL +0.9%, PHM +0.8% premarket.
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  • Mar. 27, 2012, 4:58 PM
    The housing market is "really good," says Toll Brothers (TOL +3.2%) CEO Douglas Yearley in an eyebrow-raising CNBC appearance. Yearley claims Toll, which mostly sells high-end homes, is faring well in the Northeast, California, and Texas, and will have its "best Spring in 5 years." Toll rallied along with other homebuilders today, thanks to Lennar's (LEN +4.7%) strong FQ1 report (I, II).
    | 3 Comments
  • Mar. 12, 2012, 5:42 PM
    Short interest on iShares Home Construction ETF (ITB) hit an all-time high, but it's not necessarily a cause for concern over the fund’s prospects. Contrarians sometimes view a jump in short interest as bullish, and for ITB, there’s precedent: a sharp rise through late Oct. 2009 helped start a six-month rally. ITB's top five holdings: DHI, LEN, TOL, PHM, NVR.
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  • Mar. 9, 2012, 8:28 AM
    Credit Suisse takes a shine to stocks sitting in the homebuilder sector, lifting up its rating up on five names. Analysts take Toll Brothers (TOL), Lennar (LEN), and D.R. Horton (DHI) up to Outperform from Neutral, while Ryland (RYL) and Meritage Homes (MTH) get boosted to Neutral from Underperform. If Credit Suisse's call is spot-on, it also bodes well for XHB.
    | 1 Comment
  • Feb. 29, 2012, 10:32 AM
    Toll Brothers (TOL +3.9%) rallies after ebullient CEO Douglas Yearly tells CNBC he sees "improvement everywhere," adding that his company feels "the best" it has in five years. Although TOL reported a FQ1 loss, Yearly says orders were up 43% in the first three weeks of February. Rival homebuilders also jump: PHM +3.9%, DHI +2.7%, LEN +2.7%.
    | 2 Comments
  • Feb. 22, 2012, 3:41 PM
    Among homebuilder shares, Toll Brothers' (TOL -4.9%) unexpected FQ1 loss outweighs January's rise in U.S. existing home sales: BZH -5.5%, KBH -4.5%, MHO -5.9%, MTH -5.5%, RYL -4.4%. Shares slide despite optimistic remarks from TOL CEO Doug Yearley that "in general the market feels healthier than it did one year ago."
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  • Feb. 22, 2012, 8:31 AM
    More on Toll Brothers (TOL): FQ1 net signed contacts of $444.7M (+45% Y/Y) and 652 units (+19% Y/Y). Excluding sales on NYC's Upper East Side, average contract price is $596K ($561K a year ago). FQ1 cancellation rate 6.2% (5.7% a year ago). Shares -3% premarket.
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  • Feb. 22, 2012, 5:34 AM
    Toll Brothers (TOL): FQ1 EPS of -$0.02 misses by $0.04. Revenue of $322M (-3.6% Y/Y) misses by $38.8M. (PR)
    | 1 Comment
  • Feb. 22, 2012, 12:05 AM
    Notable earnings before Wednesday's open: BRKR, CHS, CLH, CNK, DCI, DLTR, EV, GAS, GRMN, IDA, LAMR, MGM, PWR, TJX, TOL, TX, WIN, YNDX
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  • Feb. 21, 2012, 5:30 PM
    Notable earnings before Wednesday's open: BRKR, CHS, CLH, CNK, DCI, DLTR, EV, GAS, GRMN, IDA, LAMR, MGM, PWR, TJX, TOL, TX, WIN, YNDX
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  • Feb. 6, 2012, 3:04 PM
    Raymond James cut five homebuilder stocks today on valuation after the sector's significant outperformance in recent months amid the seasonal "Hope Trade," citing concerns of a disappointing spring selling season. It downgrades KB Home (KBH -3.2%) and Ryland Group (RYL -1.1%) to Underperform, and Lennar (LEN -2.9%), Toll Brothers (TOL -2.1%) and PulteGroup (PHM -0.5%) to Market Perform.
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  • Jan. 19, 2012, 11:09 AM
    What was that about a housing recovery? Homebuilder stocks fall as housing starts fell 4.1% last month, after yesterday's report that sentiment among builders had risen to its highest level since 2007. Ratings of several homebuilders - including DHI -1.7%, LEN -0.9% and TOL -2.1% - were cut to Neutral from Buy, while KBH -1.1% and MTH -3.3% were slashed to Sell by UBS.
    | 1 Comment
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Company Description
Toll Brothers Inc designs, builds, markets and arranges financing for single-family detached and attached homes in luxury residential communities.