Toll Brothers Stock News

J.P. Morgan analyst Michael Rehaut is taking a less constructive and more selective stance on homebuilders as the sector faces a Fed tightening cycle and rising rates.He upgraded KB…

Upgrades For Alpha Metallurgical Resources Inc (NYSE: AMR ), B. Riley Securities upgraded the previous rating of Neutral to Buy. For the fourth quarter, Alpha Metallurgical had an EPS of $13.30, compared to year-ago quarter EPS of $3.00. At the moment, the stock has a 52-week-high of $132.70 and a 52-week-low of $11.13. Alpha Metallurgical closed at $121.64 at the end of the last trading period. For Hormel Foods Corp (NYSE: HRL ), Argus Research upgraded the previous rating of Hold to Buy. In the first quarter, Hormel Foods showed an EPS of $0.44, compared to $0.41 from the year-ago quarter. The stock has a 52-week-high of $53.19 and a 52-week-low of $40.48. At the end of the last trading period, Hormel Foods closed at $49.91. According to Wells Fargo, the prior rating for Arista Networks Inc (NYSE: ANET ) was changed from Equal-Weight to Overweight. In the fourth quarter, Arista Networks showed an EPS of $0.82, compared to $0.62 from the year-ago quarter. At the moment, the stock has a 52-week-high of $536.54 and a 52-week-low of $108.23.

JPMorgan changed its rating on KB Home to overweight from neutral and its rating on Toll Brothers to neutral from underweight.

Toll Brothers (TOL) impresses investors with an 18% dividend rise.

Toll Brothers raises dividend by 18% to $0.20 Toll Brothers raises dividend by 18% to $0.20

Toll Brothers, Inc. (NYSE:TOL) declares $0.20/share quarterly dividend, 17.6% increase from prior dividend of $0.17.Forward yield 1.63%Payable April 22; for shareholders of record April 8

FORT WASHINGTON, Pa., March 08, 2022 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) ( TollBrothers.com ), the nation''s leading builder of luxury homes, today announced that its Board of Directors approved an increase to its quarterly cash dividend to $0.20 per share, or a rate of $0.80 per share on an annualized basis. This represents an increase of 18% from the prior quarterly cash dividend of $0.17 per share. The dividend of $0.20 per share will be paid on April 22, 2022 to shareholders of record on the close of business on April 8, 2022.

Bank of America analyst Rafe Jadrosich upgraded both Toll Brothers and PulteGroup stock to Buy from Underperform

Pulte, Toll Brothers Gain on Double Upgrade from BofA

Bank of America Securities gave Toll Brothers and PulteGroup double upgrades

Upgrades According to DA Davidson, the prior rating for Envestnet Inc (NYSE: ENV ) was changed from Neutral to Buy. In the fourth quarter, Envestnet showed an EPS of $0.50, compared to $0.69 from the year-ago quarter. The current stock performance of Envestnet shows a 52-week-high of $85.99 and a 52-week-low of $61.00. Moreover, at the end of the last trading period, the closing price was at $72.88. According to B of A Securities, the prior rating for Toll Brothers Inc (NYSE: TOL ) was changed from Underperform to Buy. For the first quarter, Toll Brothers had an EPS of $1.24, compared to year-ago quarter EPS of $0.76. The stock has a 52-week-high of $75.61 and a 52-week-low of $47.17. At the end of the last trading period, Toll Brothers closed at $53.62. For Lockheed Martin Corp (NYSE: LMT ), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. In the fourth quarter, Lockheed Martin showed an EPS of $7.47, compared to $6.38 from the year-ago quarter. The stock has a 52-week-high of $414.45 and a 52-week-low of $324.23.

Bank of America Securities gave two major homebuilding stocks double upgrades to "buy" from "underperform" this morning; Toll Brothers Inc (NYSE:TOL) and PulteGroup, Inc. (NYSE:PHM).The analyst noted

Friday''s top analyst upgrades and downgrades included Dish Network, Dollar General, eBay, Gap, HollyFrontier, Mosaic, NetApp, Nextdoor, Skillz, Tesla, TJX, Toll Brothers and Vipshop.

Toll Brothers (TOL) reports impressive first-quarter fiscal 2022 results, with higher gross margins (up 270 basis points) and a record backlog of $10.8 billion.