Luxury home builder Toll Brothers is set to report earnings after the market closes on Tuesday. The stock, which reached a record high of $135.37 in 2024, is currently trading near $130. This company is known for making big moves after reporting earnings, either gapping up if the numbers are strong or gapping down if they disappoint. Analysts are expecting Toll Brothers to report earnings of $4.13 per share on $2.52 billion in revenue, with the unofficial “Whisper number” standing at $4.25 per share.
Toll Brothers has shown significant earnings growth over the past few years, with earnings jumping from $3.40 in 2020 to $12.36 in 2023. Analysts project further growth to $13.76 in 2024 and $13.56 in 2025. Despite this strong growth, the stock still has a low Price to Earnings ratio of 10, which is lower than the S&P 500 and many other large stocks. Technically, the stock is trading near an all-time high, with the share price only 4% below its record high and above its 50 and 200 day moving average lines, signaling strength in the stock.
Toll Brothers, Inc. designs, builds, markets, and sells a variety of detached and attached homes in luxury residential communities in the United States. The company also offers condominiums through Toll Brothers City Living and develops single-story living and first-floor primary bedroom suite home designs. Additionally, Toll Brothers develops recreational amenities such as golf courses, marinas, pool complexes, and country clubs, as well as operates and rents apartments. The company serves luxury first-time, move-up, empty-nester, active-adult, and second-home buyers.
Investors should pay attention to how the stock reacts to the earnings news, as this can provide valuable insights into market sentiment. It is important to keep losses small and not go against the market trends. Toll Brothers has been featured on FindLeadingStocks.com, indicating potential interest from investors. With a strong earnings track record and positive technical indicators, Toll Brothers may continue to see growth and support from institutional investors.
