Últimas noticias sobre Toll Brothers (NYSE:TOL) Bolsa

Toll Brothers

Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-homebuyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.

Toll Brothers Inc

Tema ETF Trust Tema Monopolies and Oligopolies ETF

TOLU MINERALS LIMITED by Tolu Minerals Limited

Tolu Minerals Ltd

TRICAN WELL SVC CO LTD by Trican Well Service Ltd.

Trican Well Service Ltd

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BofA Securities analyst Rafe Jadrosich downgraded D.R. Horton, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) and Smith Douglas Homes Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>), citing a tough outlook for homebuilder stocks <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings" rel="noreferrer noopener">as the spring selling season approaches</a>.
Notably, the analyst says that Homebuilder stocks lagged the market in 2024 due to declining demand in the second half of the year, driven by higher mortgage rates.
The analyst anticipates the tough environment for homebuilders will continue through the first half of 2025.
The analyst expects return-on-equity to decline in 2025 for seven out of eight homebuilders, with order growth impacting margins.
The analyst&#8217;s top picks in builders are Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) and NVR, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVR#NYSE">NVR</a>). TOL&#8217;s valuation is attractive compared to other builders with similar or lower ROE. NVR is the only builder in the analyst&#8217;s coverage universe that can hold ROE flat in 2025 vs. 2024.
Housing markets in the Northeast, Midwest, and Mid-Atlantic should outperform the Southeast and other regions, while the move-up and luxury segments are set to outperform entry-level markets, adds the analyst.
DHI: The analyst downgraded D.R. Horton from Buy to Neutral and cut the <a target="_blank" href="https://www.benzinga.com/quote/DHI/analyst-ratings" rel="noreferrer noopener">price forecast from $160 to $150</a>.
The analyst writes that lot costs, which make up 26%-27% of total costs, are rising (+3% QoQ, +10% YoY in first-quarter), and DHI expects similar inflation before moderating to mid-to-high single digits on year in the next couple of quarters.
Due to the tough housing macro (higher rates, more supply), DHI may struggle to raise prices to offset lot cost inflation, adds the analyst.
The analyst says that DHI is no longer investing in its rental segment, but rental inventory already accounts for 11% of book value.
Jadrosich expects a low single-digit ROE for rentals in 2025, which will drag overall ROE by &gt;100bps.
Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43095811/d-r-horton-q1-earnings-beat-despite-soft-housing-market-fy25-outlook-reiterated" rel="noreferrer noopener">D.R. Horton Q1: Earnings Beat Despite Soft Housing Market, FY25 Outlook Reiterated</a>
SDHC: The analyst downgraded the company from Neutral to Underperform and cut the <a target="_blank" href="https://www.benzinga.com/quote/sdhc/analyst-ratings" rel="noreferrer noopener">price forecast from $33 to $22</a>.
Jadrosich says that, like other builders, SDHC faces cost inflation headwinds while higher mortgage rates pressure net prices.
While ~15% community count growth and faster build cycles provide delivery tailwinds, the analyst notes absorptions will also need to improve to meet the guidance.
The valuation appears less compelling compared to peers, given the expectation that Smith Douglas&#8217; delivery growth will moderate in 2025 and its ROE will normalize closer to the group average, adds the analyst.
The analyst expect delivery growth of around 4% in 2025 vs. preliminary guidance of roughly 11% at the mid-point.
Jadrosich expects Smith Douglas to enter 2025 with a backlog that is down roughly 13% YoY.
Price Action: DHI shares are up 2.64% at $146.69, while SDHC sharesa re down 0.37% at $24.22 at the last check Monday.
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SDHC

Homebuilders Brace For Tough 2025, Analyst Downgrades D.R. Horton And Smith Douglas Amid Market Pressures

B of A Securities analyst Rafe Jadrosich maintains Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) with a Buy and lowers the price target from $165 to $156.

B of A Securities Maintains Buy on Toll Brothers, Lowers Price Target to $156

WIIM

Toll Brothers shares are trading higher after Seaport Global upgraded the stock from Sell to Neutral.

Seaport Global analyst Kenneth Zener upgrades Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) from Sell to Neutral.

Upgrades

Seaport Global Upgrades Toll Brothers to Neutral

Barclays analyst Matthew Bouley maintains Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) with a Underweight and lowers the price target from $135 to $115.

Barclays Maintains Underweight on Toll Brothers, Lowers Price Target to $115

<a href="https://www.globenewswire.com/Tracker?data=R5rU-PI08fc3ZS_SKLnG3KUrIZqTbWeevmDh06kewS0DbEweqL-hdz0wcPdVI8rY21hrqlT5KE8s-O4bTshZe5RS9mlBsuxNLzVqeaZ8CMA=">Toll Brothers, Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), the nation's leading builder of luxury homes, today announced its newest community,&nbsp;<a href="https://www.globenewswire.com/Tracker?data=oNmoneybkl_7FDdK_CEaX4ClK155dCYnz3yfMBIK8aCY5QteCDgAwMWVruGEbv6GlGVCVCt7fJUdJ4K_R0A1FTKQ1loUeVulU00lzO8NYXDjhiUKaHOT1LqSAFCMPSUdsDELs1DyDDDBWHj1z_bS8n445TYZ7v7XdktY8h9xffs=">Longleaf Meadow</a>, is coming soon to Fuquay-Varina, North Carolina. This exclusive Toll Brothers neighborhood will include just 47 single-family home sites offering top-tier options for personalization at the Toll Brothers Design Studio. Site work is underway, and the community is anticipated to open for sale in early 2025.
Home buyers will choose from six stunning two-story home designs with large, open floor plans ranging from 3,995 to 5,200+ square feet. The homes include 4 to 6 bedrooms, 3 to 5.5 baths, 2- to 4-car garages, and optional features designed for today's lifestyles such as flex rooms, offices, and lofts. Homes will be priced from upper $800,000s.
 &nbsp;

Reported Earlier, Toll Brothers to Launch Longleaf Meadow: Exclusive 47-Home Luxury Community in Fuquay-Varina, NC by 2025

<a href="https://www.globenewswire.com/Tracker?data=m6LVsFHlhK4xrbOjCL6f3Y7qTMj74Db-FZdTqmR-d_hz50lWtWamjLxPhJCyCWss83xEsQ0mt-k8TacKl8Cl0IXEXASo3YGdJxGt5lVOmfI=">Toll Brothers, Inc</a>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), the nation's leading builder of luxury homes, today announced its newest D.C. Metro area community, <a href="https://www.globenewswire.com/Tracker?data=uyKFIpL9ouKNhYvfz4sjGx4baA21rEB4tNGxq1V4lZlhIaffUe27g0fsAZApnUC9UaGGiw82k_U2HFcemx9hFZJpgMGuFAtv-UbRO0BxSdLD9Mco9MBmav7UXeRxTw3DCxVyvyY1KPd3oMiO1Dxsc0noZEm4LZ1p7SX92JwVNgc=">Chevy Chase Crossing</a>, is coming soon to Maryland. This exclusive Toll Brothers neighborhood will feature two distinct collections of luxury townhomes, perfectly designed for modern living and situated along the anticipated new Purple Line transit system. The community will be located at Manor Road and Erdem Place in Chevy Chase and is anticipated to open in early 2025.
Chevy Chase Crossing will offer luxurious townhomes with spacious floor plans ranging from more than 2,400 to over 3,600 square feet, including 3 to 4 bedrooms, two-car garages, and options for elevators. Each home is designed to provide an exceptional living experience with features such as open kitchen/great room combos, luxurious primary bedroom suites, spacious secondary bedrooms, convenient bedroom-level laundry rooms, and flex rooms. Homes will be priced from $1.7 million.

Reported Earlier, Toll Brothers Announces Chevy Chase Crossing: Luxury Townhome Community Near D.C. Metro, Opening in 2025

<a href="https://www.globenewswire.com/Tracker?data=12CsIRv3JJlHPK-1CjIDKPp6hrKr8nyhsQQ8wgMlkPDDZQYiYDSKzO_tflpY6N0KhQMJCZP0kF-fa2ECmwUOlCSHT00XVkVdT4PUFozPmhI=">Toll Brothers, Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), the nation's leading builder of luxury homes, today announced the upcoming opening of its new&nbsp;<a href="https://www.globenewswire.com/Tracker?data=gc19oI2RYHKmgRaZrvd4815iCDGWOin6gHdD-qPfSZGe3m4Vwa6OrzUZbvwN-JEZXl0Ly0bHww8e3_OPupTYpXzO6IF90_wr27p5rj47QGFFKfxzVQFPMxkECs1V6XJfNG2P1qjbwbQp_cJ4ELZPk3nuin02jy6_CsDEpnVD8RLl-nzwhJ1pJPXpx1Yse4g2">Saddlecrest at Windermere</a>&nbsp;community in Windermere, Florida. This exclusive Orlando-area community will feature luxury single-family homes situated on up to half-acre home sites, many with water views and direct access to Lake Roberts. Construction is underway on the new Toll Brothers model home, and the community is expected to open for sales in spring 2025.

Reported Earlier, Toll Brothers to Launch Saddlecrest at Windermere: Luxury Lakefront Living Coming to Orlando Area in 2025

UBS analyst John Lovallo maintains Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) with a Buy and lowers the price target from $192 to $185.

UBS Maintains Buy on Toll Brothers, Lowers Price Target to $185

Citigroup analyst Anthony Pettinari maintains Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) with a Neutral and lowers the price target from $155 to $137.

Citigroup Maintains Neutral on Toll Brothers, Lowers Price Target to $137

Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) has outperformed the market over the past 15 years by 1.79% on an annualized basis producing an average annual return of 13.35%. Currently, Toll Brothers has a market capitalization of $12.51 billion. 
Buying $1000 In TOL: If an investor had bought $1000 of TOL stock 15 years ago, it would be worth $6,555.38 today based on a price of $125.10 for TOL at the time of writing.
<h3>Toll Brothers's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735575308_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

BLDR

IESC

Shares of homebuilders, construction and household durables stocks are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) has outperformed the market over the past 5 years by 13.88% on an annualized basis producing an average annual return of 27.48%. Currently, Toll Brothers has a market capitalization of $13.58 billion. 
Buying $1000 In TOL: If an investor had bought $1000 of TOL stock 5 years ago, it would be worth $3,449.88 today based on a price of $134.58 for TOL at the time of writing.
<h3>Toll Brothers's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734390009_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Toll Brothers Stock In The Last 5 Years

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$460.00</td>
<td>$72.1K</td>
<td>7.2K</td>
<td>53.7K</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$125.00</td>
<td>$32.1K</td>
<td>75.0K</td>
<td>4.1K</td>
</tr>
<tr>
<td>GLBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$55.00</td>
<td>$57.8K</td>
<td>4.0K</td>
<td>485</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$55.00</td>
<td>$126.8K</td>
<td>543</td>
<td>310</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$200.00</td>
<td>$86.5K</td>
<td>10.2K</td>
<td>180</td>
</tr>
<tr>
<td>ADNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$20.00</td>
<td>$27.8K</td>
<td>104</td>
<td>107</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$95.00</td>
<td>$30.0K</td>
<td>1</td>
<td>101</td>
</tr>
<tr>
<td>MCD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$280.00</td>
<td>$32.1K</td>
<td>726</td>
<td>20</td>
</tr>
<tr>
<td>TOL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$140.00</td>
<td>$33.2K</td>
<td>25</td>
<td>16</td>
</tr>
<tr>
<td>RH</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/27/24</td>
<td>$377.50</td>
<td>$37.1K</td>
<td>15</td>
<td>15</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 20, 2024. This event was a transfer of 51 contract(s) at a $460.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $72.1K, with a price of $1416.0 per contract. There were 7249 open contracts at this strike prior to today, and today 53747 contract(s) were bought and sold. 
• For GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $125.00 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $32.0 per contract. There were 75014 open contracts at this strike prior to today, and today 4174 contract(s) were bought and sold. 
• For GLBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBE#NASDAQ">GLBE</a>), we notice a call option sweep that happens to be bearish, expiring in 32 day(s) on January 17, 2025. This event was a transfer of 170 contract(s) at a $55.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $57.8K, with a price of $340.0 per contract. There were 4035 open contracts at this strike prior to today, and today 485 contract(s) were bought and sold. 
• Regarding W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we observe a put option trade with bearish sentiment. It expires in 396 day(s) on January 16, 2026. Parties traded 86 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $126.8K, with a price of $1475.0 per contract. There were 543 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option trade with neutral sentiment. It expires in 186 day(s) on June 20, 2025. Parties traded 20 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $86.5K, with a price of $4329.0 per contract. There were 10226 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold. 
• For ADNT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADNT#NYSE">ADNT</a>), we notice a call option trade that happens to be bearish, expiring in 368 day(s) on December 19, 2025. This event was a transfer of 96 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $290.0 per contract. There were 104 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a call option trade with bearish sentiment. It expires in 39 day(s) on January 24, 2025. Parties traded 100 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $300.0 per contract. There were 1 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• Regarding MCD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), we observe a call option trade with bullish sentiment. It expires in 186 day(s) on June 20, 2025. Parties traded 10 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $32.1K, with a price of $3211.0 per contract. There were 726 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• Regarding TOL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), we observe a put option trade with bullish sentiment. It expires in 396 day(s) on January 16, 2026. Parties traded 16 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $2080.0 per contract. There were 25 open contracts at this strike prior to today, and today 16 contract(s) were bought and sold. 
• Regarding RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), we observe a call option trade with neutral sentiment. It expires in 11 day(s) on December 27, 2024. Parties traded 8 contract(s) at a $377.50 strike. The total cost received by the writing party (or parties) was $37.1K, with a price of $4645.0 per contract. There were 15 open contracts at this strike prior to today, and today 15 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ADNT

AMZN

GLBE

SBUX

TSLA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) stock dipped 22.19% after the company reported third-quarter results and analysts <a href="https://www.benzinga.com//node/42421831" target="_blank" rel="noreferrer noopener">revised the price forecast</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares dived 19.19%.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) shares fell 17.78%. A director <a href="https://www.benzinga.com/quote/cava/analyst-ratings" target="_blank" rel="noreferrer noopener">recently disclosed share sales</a>.</li>
<li>Super Micro Computer, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock plummeted 17.03% despite CEO Charles Liang&#8217;s reassurances that the company&#8217;s stock <a href="https://www.benzinga.com//node/42432508" target="_blank" rel="noreferrer noopener">would not be delisted from Nasdaq</a>.</li>
<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) shares decreased 16.16%.</li>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) declined 15.78% after the company reported fourth-quarter financial results and issued worse-than-expected FY25 guidance. Several <a href="https://www.benzinga.com//node/42465629" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a> on the stock.</li>
<li>Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) stock fell 13.57% after the company reported <a href="https://www.benzinga.com//node/42415051" target="_blank" rel="noreferrer noopener">worse-than-expected financial results</a>. Several <a href="https://www.benzinga.com/quote/ferg/analyst-ratings" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a>.</li>
<li>Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) fell 13.14% after reporting <a href="https://www.benzinga.com//node/42418066" target="_blank" rel="noreferrer noopener">fourth-quarter results</a>. Several analysts <a href="https://www.benzinga.com/quote/tol/analyst-ratings" target="_blank" rel="noreferrer noopener">revised the price forecast</a> on the stock.</li>
<li>BeiGene, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>) shares were down 12.78%. The company secures global licensing agreement for novel MAT2A Inhibitor SYH2039 <a href="https://www.benzinga.com//node/42475817" target="_blank" rel="noreferrer noopener">to target MTAP-Deleted solid tumors</a>.</li>
<li>Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>) shares declined 12.67%. The company <a href="https://www.benzinga.com//node/42392555" target="_blank" rel="noreferrer noopener">agreed to acquire</a> Interpublic Group of Companies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>) for $13 billion.</li>
<li>Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) stock fell 12.15% last week after UBS <a href="https://www.benzinga.com//node/42487192" target="_blank" rel="noreferrer noopener">downgraded the stock</a> from Buy to Neutral and lowered its price forecast from $171 to $156.</li>
</ol>
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Super Micro Computer, Adobe And Nucor Are Among Top Large Cap Losers Last Week (December 9-13): Are The Others In Your Portfolio?

JPMorgan analysts delivered a grim outlook for homebuilders on Friday as the firm moves to a "more cautious, less constructive" approach <a href="https://www.benzinga.com/etfs/sector-etfs/24/12/42475272/mortgage-rates-drop-present-opportunities-for-homebuilders">toward the industry. </a>
The JPMorgan analysts, led by Michael Rihault, gave multiple reasons for the shifted 2025 outlook. Renault pointed to several key housing demand drivers, including affordability, interest rates and employment growth, as unlikely to improve significantly in 2025. 
Read More: <a href="https://www.benzinga.com/24/12/42464301/how-will-big-banks-fare-under-trump-in-2025">Big Banks Will Get Bigger Under Trump In 2025: Analyst</a>
The level of existing homes for sale is rising in many key markets. New home supplies remain plentiful, the analyst noted. As a result, Rihault sees growth in home prices to moderate over the next year, slowing to a flat to slightly upward trend. 
JPMorgan analysts expect the incoming Trump administration's immigration policies to be potentially disruptive to the homebuilding industry due to the largest percentage of immigrants in the construction workforce since 2004.&nbsp;
Additionally, Rihaut sees return on equity and earnings growth slowing in 2025 with more downside risk than upside to gross margins and home sales pace.&nbsp;
JPMorgan downgraded several homebuilders and lowered its price targets on the stocks.&nbsp;
Downgrades:&nbsp;
<ul>
<li>JPMorgan&#8217;s Rehaut downgraded D.R. Horton, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) from Neutral to Underweight and lowered the price target from $188 to $156.</li>
</ul>
<ul>
<li>Rehaut also downgraded Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) from Overweight to Neutral and lowered the price target from $166 to $150.</li>
</ul>
<ul>
<li>JPMorgan downgraded Meritage Homes Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTH#NYSE">MTH</a>) from Overweight to Neutral and lowered the price target from $220 to $197.</li>
</ul>
Price Action: Shares of all three home builders are trading lower on Friday, according to Benzinga Pro. Toll Brothers shares are down 2.74% at $134.66, D.R. Horton shares are down 1.37% at $149.14 and Meritage Homes shares are down 4.72% at $169.07.
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This image was generated using artificial intelligence via MidJourney.&nbsp;

Real Estate

Homebuilders 2025 Outlook: 'More Cautious, Less Constructive,' Analyst Says

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Stifel analyst Dae Gon Ha downgraded the rating for Editas Medicine, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) from Buy to Hold and lowered the price target from $11 to $3. Editas Medicine shares closed at $1.89 on Thursday. See how other analysts view this stock.</li>
<li>Mizuho analyst Siti Panigrahi downgraded the rating for RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) from Outperform to Neutral and maintained the price target of $42. RingCentral shares closed at $41.35 on Thursday. <a href="https://www.benzinga.com/quote/RNG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Michael Rehaut downgraded Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) from Overweight to Neutral and lowered the price target from $166 to $150. Toll Brothers shares closed at $138.46 on Thursday. <a href="https://www.benzinga.com/quote/TOL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird analyst Michael Halloran downgraded the rating for Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) from Outperform to Neutral and slashed the price target from $294 to $237. Nordson shares closed at $229.11 on Thursday. <a href="https://www.benzinga.com/quote/NDSN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Brandt Montour downgraded Viking Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>) from Overweight to Equal-Weight and maintained the price target of $49. Viking Holdings shares closed at $46.18 on Thursday. <a href="https://www.benzinga.com/quote/VIK/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying TOL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="586" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-1024x586.png" alt="" class="wp-image-691577" style="width:656px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-1024x586.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117.png 1131w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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This Toll Brothers Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

JP Morgan analyst Michael Rehaut downgrades Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) from Overweight to Neutral and lowers the price target from $166 to $150.

JP Morgan Downgrades Toll Brothers to Neutral, Lowers Price Target to $150

Fixed-rate mortgage rates have steadily declined, marking a third consecutive week of decrease. Freddie Mac's data shows that 30-year <a href="https://www.benzinga.com/money/mortgages">fixed-rate mortgage</a> now averages 6.60%, significantly lower than the 6.95% rate from a year ago.
"The combination of mortgage rate declines, firm consumer income growth, and a bullish stock market have increased homebuyer demand in recent weeks. While the outlook for the housing market is improving, the improvement is limited given that homebuyers continue to face stiff affordability headwinds," <a href="https://freddiemac.gcs-web.com/news-releases/news-release-details/mortgage-rates-continue-drop-3">noted</a> Sam Khater, Freddie Mac's chief economist.
Fixed-rate mortgages are crucial for many homebuyers, particularly first-time buyers because they offer predictability. Since the interest rate remains constant throughout the loan term, borrowers know their monthly payments regardless of market conditions, making for easier financial planning and buying peace of mind. If these rates continue to drop, this development could make homeownership more accessible, stimulating sales.
<a href="https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales">Recent data</a> reveals that the U.S. housing market is showing signs of recovery. Existing home sales rose 3.5% in October 2024, rebounding from a 14-year low and surpassing market expectations.
However, the median home sales price increased by 4% to $407,200, outpacing November&#8217;s 2.7% inflation rate. While Khater warned about these dynamics, home prices typically rise faster than inflation, which is one reason they were excluded from the Consumer Price Index (CPI) calculation in 1983.
Falling mortgage rates support optimism for the market, which suffered high borrowing costs earlier this year. Furthermore, the National Association of Realtors Chief Economist Lawrence Yun noted increased inventory could further bolster home sales, with job growth and economic expansion supporting growing housing demand.
Still, the home construction market offered mixed results, as shown by broad market ETFs. The iShares U.S. Home Construction ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITB#BATS">ITB</a>) returned 14.66% year-to-date, while the SPDR S&amp;P Homebuilders ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XHB#NYSE">XHB</a>) fared better at 23.06%. The Invesco Building &amp; Construction ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKB#NYSE">PKB</a>) outperformed with 31.86% — however, it is worth noting that it is by far the smallest and most expensive of the group.
Two notable stocks in the sector performed similarly. KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) has clocked a solid yet underperforming 18.52% return year-to-date. It trades at 8.9x its earnings, significantly lagging the peer average 21.1x.  Meanwhile, Toll Brothers Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) outperformed, climbing 37.39% year-to-date. Still, the firm trades cheaper than its peers at 8.8x its earnings. Following the <a href="https://www.benzinga.com/news/earnings/earnings-beats/24/12/42418066/toll-brothers-investors-may-be-disappointed-with-guidance-analysts-say-after-q4-earnings">latest earnings results</a>, Oppenheimer and JPMorgan reiterated an Outperform and Overweight rating, citing robust demand but warning about the gross-margin guidance for the first quarter of fiscal 2025.
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Mortgage Rates Drop Present Opportunities For Homebuilders

Shares of homebuilders are trading lower. Weakness may be in reaction to worse-than-expected November PPI data, which could cloud rate cut outlook.

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Toll Brothers (NYSE:<a href="https://investorplace.com/stock-quotes/tol-stock-quote/">TOL</a>) just reported results for the third quarter of 2024.<ul><li>Toll Brothers reported earnings per share of $3.60. This was above the analyst estimate for EPS of $3.31.</li><li>The company reported revenue of $2.73 billion.</li><li>This was better than the analyst estimate for revenue of $2.71 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	
	The post <a href="https://investorplace.com/earning-results/2024/08/tol-stock-earnings-toll-brothers-for-q3-of-2024/">TOL Stock Earnings: Toll Brothers Beats EPS, Beats Revenue for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TOL Stock Earnings: Toll Brothers Beats EPS, Beats Revenue for Q3 2024

Seaport Research has debated the pros and cons of the firm's negative outlook on homebuilders since the sectors' Q4 selloff, but remains "negativel...

Seaport flips ratings on four homebuilders amid rising supply, margin pressure

Seaport Research analyst Kenneth Zener upgraded Toll Brothers (TOL) to Neutral from Sell. Published first on TheFly – the ultimate source for real-...

Toll Brothers upgraded to Neutral from Sell at Seaport Research

D.R. Horton, Smith Douglas Homes cut at BofA on tough homebuilding outlook

In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Monday, January 27.

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