Toll Brothers - TOL STOCK NEWS

Toll Brothers (NYSE:TOL) has announced the opening of Stonegate Court, a new luxury gated community in Gilbert, Arizona. The boutique development features 22 home sites around a central park with pickleball and basketball courts. The community offers three single-level floor plans ranging from 3,466 to 4,126+ square feet, with 3-6 bedrooms, 3.5-5.5 baths, and 3-4 car garages.

Located in the Higley Unified School District, homes start at $1,383,995 and include various personalization options such as multi-generational living suites, wine rooms, and exterior fireplaces. The Markham Farmhouse model home is under construction at 4229 South Quinn Avenue, and the community is currently open by appointment. Buyers can customize their homes at the Toll Brothers Design Studio with professional consultants.

Toll Brothers (NYSE:TOL) announced its newest Sarasota-area community, Oakbend Wellen Park, coming to Venice, Florida in summer 2025. The gated neighborhood will feature one- and two-story luxury homes ranging from 2,156 to over 2,900 square feet, with 3 to 5 bedrooms and prices starting from the upper $600,000s.

The community will offer exclusive amenities including a resort-style pool, fitness center, pickleball courts, clubhouse, bocce courts, and playground. Located within the Wellen Park master plan, residents will have direct access to walking/biking trails leading to Downtown Wellen Park and CoolToday Park. The development is situated less than 15 minutes from Florida beaches and within the highly rated Sarasota County School District.

Toll Brothers (NYSE:TOL) reported mixed first quarter FY 2025 results. Net income decreased to $177.7 million ($1.75 per share) from $239.6 million ($2.25 per share) year-over-year. Home sales revenues declined 5% to $1.84 billion, though delivered homes increased 3% to 1,991 units.

Net signed contracts showed strength, increasing 12% in value to $2.31 billion and 13% in units to 2,307. However, backlog value decreased 2% to $6.94 billion. The company's adjusted home sales gross margin declined to 26.9% from 28.9% year-over-year, while SG&A expenses increased to 13.1% of revenues from 11.9%.

The company reaffirmed its full-year guidance and reported mixed results in the spring selling season, with healthy demand in many markets but pressure at the lower end due to affordability constraints. Toll Brothers maintained strong liquidity, extending credit facilities to 2030 and increasing revolving credit capacity by nearly $400 million.

Toll Brothers (NYSE:TOL) announced the grand opening of the Manor Collection at Sereno Canyon in North Scottsdale, Arizona. The new collection features luxury single-level homes ranging from 4,152 to 4,655+ square feet, priced from $2.2 million, within a staff-gated master-planned community.

The Manor Collection offers 31 home sites with mountain views, featuring 4-5 bedrooms, 4.5-5.5 bathrooms, and 3-car garages. Homes showcase Desert Contemporary, Modern, and Spanish Contemporary architecture with premium amenities including elevated ceilings, dual-sided fireplaces, and Wolf and Sub-Zero appliances.

The community's Mountain House Lodge offers resort amenities including a restaurant, fitness center, pools, and private event spaces. Located near Scottsdale's shopping and entertainment districts, Sereno Canyon combines convenience with an exclusive desert setting.

Toll Brothers (NYSE:TOL) has announced the sale of its final home at the Diamond Canyon community in Pleasanton, California. The Dresden Farmhouse model home, priced at $4,999,995, features 5 bedrooms, 5.5 bathrooms, and spans over 4,500 square feet with a 3-car garage.

Located at 1201 Lund Ranch Road, this designer-decorated and fully landscaped home offers high-end finishes and structural options. The community is situated near downtown Pleasanton, providing access to Blue-Ribbon award-winning schools within the Pleasanton Unified School District, local amenities, and convenient transportation options including the 680 and 580 Freeways and Pleasanton/Dublin BART station.

Toll Brothers (NYSE:TOL) has announced the final phase release of luxury home sites at Borello Ranch Estates in Morgan Hill, California. The gated community features estate-sized single-family homes ranging from 3,500 to over 6,000+ square feet, with 4-5 bedrooms, 4.5-5.5 bathrooms, and 3-4 car garages. Homes are priced from $2.89 million.

The community offers a 7,000-square-foot recreation center with pool, spa, outdoor barbeques, and sports courts. Located in Silicon Valley, residents have access to the Morgan Hill Unified School District and convenient proximity to U.S. Route 101 and Caltrain. Home buyers can personalize their homes at the Toll Brothers Design Studio with various exterior designs and flexible structural options including additional primary suites, multigenerational living suites, and home offices.

Toll Brothers (NYSE:TOL) has announced its newest Austin-area community, Toll Brothers at Woodland Estates, coming to Leander, Texas in April 2025. The exclusive enclave will feature single-family homes on one-acre home sites, offering six luxurious floor plans priced from $1 million.

The homes will range from 3,700 to 6,000+ square feet, featuring 4 to 5 bedrooms and 4.5 to 6.5 baths. Buyers can choose from Hill Country, Modern Farmhouse, Transitional, Mediterranean, and Traditional architectural styles. The community will include access to a state-of-the-art Design Studio for personalization options and will be situated near parks, lakes, and golf courses.

Located in the highly rated Leander Independent School District, the development offers proximity to shopping, dining, and recreation in Leander, Cedar Park, and Austin. Construction of the Sales Center is currently underway at 2341 Greatwood Trail in Leander.

Toll Brothers (NYSE:TOL) announced the opening of Hearthfield, a new luxury home community in Collegeville, Pennsylvania. The development features 54 single-family homes, all situated on cul-de-sacs, within the Spring-Ford Area School District. The homes range from 3,029 to 3,672+ square feet, offering 4 to 5 bedrooms and 3.5 to 5.5 bathrooms, with prices starting from the mid-$900,000s.

The community includes a model home and Sales Center at 304 Grayson Court. Buyers can personalize their homes at Toll Brothers Design Studio in Fort Washington, PA. Quick move-in homes are available for delivery as early as May 2025. The development joins other Toll Brothers communities in Montgomery County, including Bellflower, Charterfield Landing, Regency at Waterside, and Stonebrook at Upper Merion.

Toll Brothers (NYSE:TOL) has announced the grand opening of Viewpoint at Metro Heights, a new luxury home community in Montebello, California. Sales will begin on February 15, 2025, featuring three model homes for touring. The community offers three distinct floor plans ranging from 2,900 to 3,300+ square feet, with 5-7 bedrooms and 5 bathrooms across three stories.

Homes start at $1.8 million and include features such as two-car attached garages, volume ceilings, and spacious kitchens. The master plan includes a future 10,000-square-foot recreation center with multiple pools, spas, and fitness facilities. The community will feature a staffed gated entry, a five-acre public park, four pocket parks, and six trails.

Located near the Shops at Montebello and Montebello Town Square, the development offers proximity to Downtown Los Angeles and access to Toll Brothers' Design Studio for home customization.