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Toll Brothers Inc. (TOL)

  • Sep. 12, 2011, 4:04 PM
    Fitch Ratings cut its ratings on a host of home builders further down into junk territory on liquidity issues and weak demand. Slashed: BZH, KBH, RYL,USG. Spared: MDC, TOL.
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  • Sep. 9, 2011, 2:46 PM
    Homebuilders are getting clobbered again today: PulteGroup (PHM -4.2%), D.R. Horton (DHI -3.4%), KB Home (KBH -6.6%), Lennar (LEN -4.2%), Meritage Homes (MTH -6%), Toll Brothers (TOL -3.1%), Ryland (RYL -6.3%).
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  • Aug. 30, 2011, 12:23 PM
    Susquehanna issues a somewhat back-handed upgrade to three homebuilders today, upping them on valuation only after cutting its new home sales forecast to 339K from 355K. The firm raises Toll Brothers (TOL +1.5%) and NVR (NVR +1.1%) to positive, and KB Home (KBH +10%) to neutral (I, II, III), but asserts the ratings changes simply reflect current valuations relative to its revised forecast.
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  • Aug. 29, 2011, 4:33 PM
    Speculation President Obama's upcoming speech would entail a renewed effort to bail out the housing market helped push the hombuilding sector higher today: Masco (MAS +9.9%), Pulte (PHM +3.1%), Lennar (LEN +5.6%), D.R. Horton (DHI +6.6%), Ryland (RYL +8.5%), Toll Brothers (TOL +4.5%).
  • Aug. 25, 2011, 11:51 AM
    RBC Capital cut its PT on Toll Brothers (TOL +0.5%) to $17 from $23 following the firm's Q3 earnings report yesterday showing slumping revenue. The luxury home builder's CEO said in a CC the pace of deals is below expectations this far along in a down cycle.
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  • Aug. 24, 2011, 10:22 AM
    Shares of Toll Brothers (TOL +3.6%) move higher after the firm delivers a Q2 earnings beat on lower revenue. The homebuilder only increased new orders from its affluent buyers by 2% in the last quarter, but the CEO says sales are "gaining traction."
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  • Aug. 24, 2011, 5:08 AM
    Toll Brothers (TOL): FQ3 EPS of $0.25 beats by $0.22. Revenue of -$394M (-13% Y/Y) misses by $10M. Says "consumer confidence is still weak and the housing sector remains in a fragile state." (PR)
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  • Aug. 24, 2011, 12:05 AM
    Notable earnings before Wednesday's open: AEO, TOL
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  • Aug. 15, 2011, 3:31 PM
    Though the NAHB Housing Market Index was merely in-line with expectations, homebuilders are outperforming the market today, with highly beaten-down names such as Hovnanian (HOV +13.3%) and Beazer Homes (BZH +15.8%) performing especially well. DHI +3.8%. LEN +5.1%. TOL +3.5%. PHM +5.5%.
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  • Jul. 28, 2011, 10:30 AM
    The unexpected rise in pending home sales and D.R. Horton's (DHI +7.2%) better-than-expected quarterly profit is lifting homebuilder stocks (XHB +1.6%) and the broader market. Aside from DHI: LEN +5.7%, PHM +4.4%, KBH +3.1%, TOL +3%. Broad indexes up slightly: Dow now +0.2%, S&P +0.3%, Nasdaq +0.6%.
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  • Jul. 19, 2011, 9:25 AM
    Home builders are set to spring higher after June housing starts crushed expectations, along with larger-than-expected gains in starts of multifamily units and single-family homes. Are the worst days of the housing market "getting behind us?" The top five home builders by market cap all up premarket: DHI +1.6%, TOL +1.9%, LEN +1.3%, PHM +1.7%, KBH +2.8%.
  • Jul. 14, 2011, 8:01 AM
    Goldman upgrades Toll Brothers (TOL) to Buy from Neutral, and ups its price target to $25 from $20, on growing confidence about the high-end segment of the housing market.
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  • Jun. 27, 2011, 1:05 PM
    S&P downgrades Toll Brothers (TOL) to junk as it lowers its expectations for a U.S. housing recovery, citing a particularly weak spring selling season. The agency expects Toll has enough liquidity to weather another year or two of weakness while still investing for the future.
  • Jun. 20, 2011, 1:20 PM
    Paul Dales says it may not be until 2014 before housing prices rise consistently. The problem is structural rather than cyclical, meaning even a stronger economy over the coming years may not help, and in any case, the economic situation is deteriorating.
  • May. 25, 2011, 5:38 AM
    More from Toll Brothers' (TOL) earnings: "In contrast to [media] reports, we are experiencing flat to slightly increasing pricing in most markets. As consumers better understand that prices are firming, we believe they will gain confidence, which will help release some of the pent-up demand that must be building in the market." (PR)
  • May. 25, 2011, 5:36 AM
    Toll Brothers (TOL): FQ2 EPS of -$0.12 misses by $0.08. Revenue of $320M (+3% Y/Y) misses by $1.8M. (PR)
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TOL vs. ETF Alternatives
Company Description
Toll Brothers Inc designs, builds, markets and arranges financing for single-family detached and attached homes in luxury residential communities.