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Toll Brothers, Inc. - TOL STOCK NEWS

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Toll Brothers, Inc. (NYSE: TOL) is the premier luxury homebuilder in the United States, renowned for crafting upscale residential communities in desirable locations. Established in 1967 and headquartered in Horsham, Pennsylvania, Toll Brothers has expanded its operations across 24 states, offering a diverse range of homes that cater to first-time buyers, move-up buyers, empty-nesters, active adults, and those seeking second homes. The company’s homes stand out for their distinctive designs, high-quality craftsmanship, and attention to detail.

Toll Brothers operates in over 60 markets nationwide and has a robust portfolio that includes single-family homes, townhomes, and for-rent properties. The company is also a leader in developing master-planned communities that feature amenities such as golf courses, parks, and trails, enhancing the lifestyle of its residents. With its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries, Toll Brothers provides a one-stop shopping experience for homebuyers.

Recent projects highlight Toll Brothers' commitment to luxury and innovation. For instance, The Enclave at The Woodlands in Texas offers 12 sophisticated designs with open-concept floor plans and modern architecture, priced from the mid-$600,000s. In Virginia, the Dominion Valley Country Club – The Towns Collection features luxury townhomes with resort-style amenities like multiple pools, a fitness center, and an Arnold Palmer Signature Golf Course, priced from the low $800,000s.

Toll Brothers has consistently been recognized for its excellence in homebuilding. In 2024, the company celebrated its 10th consecutive year on the Fortune World's Most Admired Companies™ list and has been named Builder of the Year by both Builder magazine and Professional Builder magazine. Toll Brothers’ commitment to quality and customer satisfaction is evident in every community it develops.

Financially, Toll Brothers continues to perform strongly, driven by robust demand in the luxury housing market. The company's strategic partnerships and innovative projects position it well for future growth. For more information, visit TollBrothers.com.

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Toll Brothers Apartment Living, in partnership with Equity Residential, has launched Lyle, a new 334-unit luxury community in Dallas, Texas, located at 17727 Addison Road. This third Dallas community from Toll Brothers features a range of studio, one-, two-, and three-bedroom apartments with modern amenities such as quartz countertops, smart home technology, and private outdoor spaces in select units. Upscale shared amenities include a resort-style pool, a sky lounge with city views, a fitness center, and a coworking lounge with a Starbucks coffee bar. The community is designed to meet LEED Gold certification standards and features EV charging stations. Lyle is conveniently located near the Dallas North Tollway, offering easy access to local dining, shopping, and entertainment destinations as well as major employment centers. The project was financed by a $55.6 million construction loan from Santander Bank and began construction in 2022.

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Toll Brothers (NYSE: TOL) announces the grand opening of three new model homes at its Retreat at Town Center community in Palm Coast, Florida, emphasizing serene water and preserve views for an ideal Florida lifestyle. The homes, located at 27 Mahogany Way, include the Ella, Sailor, and Egret models, reflecting Toll Brothers' high-quality craftsmanship and design. The community offers luxury paired villas and single-family homes, with options for first-floor primary bedrooms, loft and office spaces, and 2-car garages. Sizes range from 1,503 to 2,540+ square feet, with 2-4 bedrooms and 2-4 baths, starting at $334,995. Residents benefit from proximity to Flagler Beach, outdoor recreation, and shopping and dining in Palm Coast. Convenient access to nearby cities is available via Interstate 95. Potential buyers can personalize their homes through the Toll Brothers Design Studio.

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Toll Brothers (NYSE:TOL) announced that Chairman and CEO Douglas C. Yearley, Jr. has been named one of the Top CEOs of 2024 by Barron’s magazine. The recognition highlights Yearley's effective management strategies that have significantly positioned the company for success. The strategy to target affluent first-time homebuyers and well-to-do move-up buyers has resulted in notable profitability. Toll Brothers' margins are among the highest in the industry, and the company’s stock has achieved a one-year return of 64.4%. Toll Brothers Board Member Scott Stowell praised Yearley for his leadership and the team’s commitment to quality craftsmanship and customer service.

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Toll Brothers (NYSE:TOL) has announced the opening of its latest luxury home community, Toll Brothers at The Nations, located in Nashville, Tennessee. This new development consists of two collections: 78 two-level condominiums ranging from 1,500 to 2,500+ sq. ft., and 29 three-story townhomes varying from 2,000 to 2,100+ sq. ft. The condominiums are priced from the low $500,000s, while the townhomes start in the mid-$600,000s. The community is strategically situated three miles from Downtown Nashville and offers easy access to shopping, dining, major employment centers, and recreational areas. A fully furnished model home is available for tours, with another model home expected to open in spring 2025.

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Toll Brothers City Living, in cooperation with Sculptor Real Estate, announced the completion of The Rockwell, a luxury condominium at 103rd Street and Broadway, Manhattan. The Rockwell offers 81 high-end units designed by Hill West with interiors by Whitehall Interiors. The residences range from one to three bedrooms, priced between $989,000 and $3,500,000. With over 40% of the units sold, the building features amenities such as a residents' lounge, fitness studio, pet wash, music room, screening room, and rooftop terrace. The location is advantageous, being near the 103rd Street subway station, Columbia University, and Riverside Park. Interested buyers can visit the on-site sales gallery at 218 West 103rd Street or contact via the provided details.

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Toll Brothers (NYSE:TOL), a leading luxury home builder, announced the launch of a new gated phase at Bartram Ranch in St. Johns, Florida. Two new model homes are open for tours. The new phase offers home designs with large yards, featuring homes from 2,447 to over 3,884 square feet, with prices starting in the low $600,000s. Bartram Ranch, located south of Jacksonville, provides easy access to local amenities, top-rated schools, and Atlantic Ocean beaches. The community boasts a clubhouse, pool, fitness center, and more. The Toll Brothers Design Studio offers personalized home design options.

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Toll Brothers (NYSE:TOL), a leading luxury home builder, has unveiled two new model homes at New Talley Station in Decatur, Georgia. These homes, part of the Stacks Collection, include a one-story Dalton model with 2 bedrooms, 2 baths, and over 1,122 square feet of living space, and a two-story McKoy model with 2 bedrooms, 2.5 baths, and over 1,549 square feet. Priced from the mid-$400,000s for condos and mid-$700,000s for townhomes, the homes boast modern designs and high-end finishes. New Talley Station offers a small-town feel with community lawns and private outdoor amenities, along with proximity to Decatur's top schools, restaurants, and recreational activities.

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Toll Brothers (NYSE:TOL), a leading builder of luxury homes in the U.S., has announced a quarterly cash dividend. The dividend is set at $0.23 per share and will be distributed on July 19, 2024, to shareholders who are recorded as of the close of business on July 5, 2024. This reflects the company's ongoing commitment to returning value to its shareholders.

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Toll Brothers (NYSE:TOL), a leading luxury home builder, announced a new community called Millstone in Cary, North Carolina, set to open for sale in fall 2024. Millstone will feature 62 single-family homes with designs offering 4-5 bedrooms, up to 5.5 bathrooms, and expansive living spaces of over 5,000 square feet. Prices will start from $1.1 million. The community boasts a prime location near top-rated schools, shopping, dining, and outdoor recreation. The Toll Brothers Design Studio will provide personalized home design options. Cary is ranked #2 in Livibility.com's Top 100 Best Places to Live in the U.S.

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The Laurent, a new seven-story luxury apartment and townhome community in Cambridge, MA, has officially opened. Developed by Toll Brothers Apartment Living in partnership with PGIM, this community marks Toll Brothers’ sixth multifamily project in Massachusetts. The Laurent boasts 525 units, with construction financed by a $142 million loan from Wells Fargo and BNY Mellon. The complex features 21,000 sq. ft. of amenities, including fitness centers, saltwater pool, coworking spaces, and a rooftop deck. Residences range from studios to three-bedroom apartments and townhomes, equipped with high-end finishes and smart home technology.

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FAQ

What is the current stock price of Toll Brothers (TOL)?

The current stock price of Toll Brothers (TOL) is $127.02 as of December 23, 2024.

What is the market cap of Toll Brothers (TOL)?

The market cap of Toll Brothers (TOL) is approximately 12.5B.

What is Toll Brothers, Inc. known for?

Toll Brothers is known for being the leading builder of luxury homes in the United States, offering high-quality, distinctive residential communities.

Where is Toll Brothers headquartered?

Toll Brothers is headquartered in Horsham, Pennsylvania.

What types of homes does Toll Brothers build?

Toll Brothers builds single-family homes, townhomes, and for-rent properties, catering to first-time buyers, move-up buyers, empty-nesters, active adults, and second-home buyers.

What are some recent projects by Toll Brothers?

Recent projects include The Enclave at The Woodlands in Texas and Dominion Valley Country Club – The Towns Collection in Virginia, both featuring luxury homes and resort-style amenities.

Does Toll Brothers operate in multiple states?

Yes, Toll Brothers operates in over 60 markets across 24 states in the United States.

Has Toll Brothers received any industry recognition?

Yes, Toll Brothers has been named to the Fortune World's Most Admired Companies™ list for 10 consecutive years and has been named Builder of the Year by Builder magazine and Professional Builder magazine.

What amenities do Toll Brothers communities offer?

Toll Brothers communities often feature amenities such as golf courses, parks, trails, multiple pools, fitness centers, and more, enhancing the lifestyle of residents.

How long has Toll Brothers been in business?

Toll Brothers was founded in 1967 and has been in business for over 50 years.

Does Toll Brothers offer any customization options for homebuyers?

Yes, Toll Brothers offers extensive customization options through their state-of-the-art Design Studio, allowing homebuyers to personalize their homes with the assistance of professional design consultants.

Where can I find more information about Toll Brothers?

For more information, you can visit the company's official website at www.tollbrothers.com.

Toll Brothers, Inc.

NYSE:TOL

TOL Rankings

TOL Stock Data

12.52B
99.15M
0.61%
90.22%
2.56%
Residential Construction
Operative Builders
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United States of America
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