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Toll Brothers Inc. (TOL)

  • May 15, 2012, 11:53 AM
    Homebuilding stocks get a lift from a positive NAHB number this morning, as the sentiment reading for this month climbed to its highest level in five years. It's important to note however, that despite the improvement in starts, home building still remains well off normal levels. Anything above 50 suggests a positive view of home building conditions, and this index hasn't had a positive reading since April 2006. Toll Brothers (TOL +2.9%), KB Home (KBH +3.7%), Lennar (LEN +3.7%), Hovnanian (HOV +5%), D R Horton (DHI _3.5%), PulteGroup (PHM +1.8%) S&P Homebuilders ETF (XHB +1.5%).
    | May 15, 2012, 11:53 AM | 2 Comments
  • May 14, 2012, 1:45 PM
    Guggenheim raises its ratings on a slew of homebuilders to Buy today, saying the sharp decrease in existing home inventories has reduced exisiting home competition to a level supportive of order growth: Lennar (LEN +0.7%), Pulte (PHM -1.1%), Ryland (RYL -0.9%), Toll Brothers (TOL -0.6%), M/I Homes (MHO +1.2%).
    | May 14, 2012, 1:45 PM | 1 Comment
  • May 4, 2012, 12:40 PM
    Maybe another canary in the coalmine for housing is Mohawk Industries (MHK +6.2%), the maker of floor-covering products soaring after strong earnings. Price increases are a theme of the earnings report - both last quarter and for the guidance: "We anticipate continued sales growth and improving margins." (PR)
    | May 4, 2012, 12:40 PM | 9 Comments
  • May 2, 2012, 11:46 AM
    Masco (MAS +2.9%) gets a boost from an upgrade to Sector Perform on valuation at RBC Capital this morning, based on what it sees as a recovery taking place in the housing market. Other housing stocks also doing well this morning: PulteGroup (PHM +4.8%), Lennar (LEN +3.9%), DR Horton (DHI +3.5%), Toll Brothers (TOL +2.3%), KB Home (KBH +1.4%).
    | May 2, 2012, 11:46 AM | Comment!
  • Apr. 26, 2012, 12:25 PM
    Homebuilders get a boost from solid earnings reports out of Ryland Group (RYL +8.5%) and PulteGroup (PHM +5.7%) earlier, plus today's better than expected March Pending Home Sales number: SPDR Homebuilder ETF (XHB +0.8%), Beazer Homes (BZH +7.2%), Lennar (LEN +3.3%), Hovnanian (HOV +2.1%) and Toll Brothers (TOL +1.8%).
    | Apr. 26, 2012, 12:25 PM | Comment!
  • Apr. 24, 2012, 10:51 AM
    Homebuilders get a boost today from higher-than-anticipated new home sales in March. Sales of new single-family houses were at a seasonally adjusted annual rate of 328K, 7.1% below February, but 7.5% better than the prior year period: PulteGroup (PHM +5.5%), KB Homes (KBH +4.5%), DR Horton (DHI +4%), Beazer Homes (BZH +3.7%), Toll Brothers (TOL +2.6%).
    | Apr. 24, 2012, 10:51 AM | Comment!
  • 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."
    | Apr. 19, 2012, 9:12 AM | 2 Comments
  • 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%.
    | Apr. 16, 2012, 10:24 AM | Comment!
  • 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."
    | Apr. 13, 2012, 7:57 AM | 1 Comment
  • 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%.
    | Apr. 11, 2012, 10:42 AM | 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.
    | Apr. 10, 2012, 8:59 AM | 4 Comments
  • 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).
    | Mar. 27, 2012, 4:58 PM | 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.
    | Mar. 12, 2012, 5:42 PM | Comment!
  • 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.
    | Mar. 9, 2012, 8:28 AM | 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%.
    | Feb. 29, 2012, 10:32 AM | 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."
    | Feb. 22, 2012, 3:41 PM | 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.