Toll Brothers - TOL STOCK NEWS

StoryBook Homes has announced the opening of Hemsworth Estates, a new home community in Las Vegas.

The community features 10 home sites located near Rainbow Boulevard and Hammer Lane in the Northwest.

Homes range from 3,272 to 3,491 square feet, include five bedrooms, gourmet kitchens, and three-car garages, with prices starting in the low $600,000s.

The homes also offer first-floor secondary bedrooms with walk-in showers, catering to multigenerational living.

Hemsworth Estates is close to Centennial Gateway, Centennial Center, and Painted Desert Golf Course, offering numerous amenities and recreational opportunities.

With availability, interested buyers should act quickly.

Toll Brothers, a leading luxury home builder, announced a new luxury townhome community, Heights at DTC, in Centennial, Colorado. This community, located within the Denver Tech Center, will feature detached, three-story townhomes with modern architecture and options for rooftop decks. Sales will begin in summer 2024 with homes priced starting from the low $800,000s. Buyers can personalize their homes through the Toll Brothers Design Studio. The location offers proximity to major employment centers, shopping, dining, and entertainment, as well as access to the Cherry Creek School District. Additional Toll Brothers communities are also planned in the area.

Toll Brothers (NYSE:TOL) announced the upcoming launch of Toll Brothers at River Terrace, a new luxury home community in Tigard, Oregon. Located in the Bull Mountain area, this community will feature two- and three-story homes with open floor plans ranging from 2,724 to 4,248+ square feet. The first phase, named the Spring Collection, includes seven home designs with 4 to 6 bedrooms, 3 to 5 baths, and 2- or 3-car garages. Prices start in the low $900,000s. The community offers walking and biking trails, parks, and proximity to Art Rutkin Elementary School. Sales for the Spring Collection are expected to open this summer.

The Toll Brothers Design Studio will provide home buyers with various personalization options. The community is conveniently located near shopping, dining, and recreational destinations. Toll Brothers is a Fortune 500 company known for its luxury homes and extensive market presence in 24 states.

Toll Brothers (NYSE:TOL) has announced the opening of its new community, Toll Brothers at Willow, in Punta Gorda, Florida. The homes, priced from the mid-$400,000s, offer quick move-in options for summer 2024. The Sales Center is located at 11526 Willowleaf Boulevard. The community features the Azalea and Pine Collections, which include one- and two-story homes ranging from 1,917 to 3,516+ square feet, with 3-5 bedrooms and 2-3 car garages. Buyers can choose quick move-in homes with Designer Appointed Features or design their dream home at the Toll Brothers Design Studio. Amenities include a fitness center, pool, tennis and pickleball courts, and a fishing pier. The community is close to beaches, commuter routes, downtown, and shopping and dining along the Peace River.

Toll Brothers (NYSE:TOL), a top luxury home builder, has launched new move-in ready condominium homes at Park 108 in Decatur, Georgia. This development, located in the historic Oakhurst neighborhood, offers modern studio, one-, and two-bedroom units in a beautifully renovated 1930s building. Park 108 combines modern design with original architectural elements, featuring oversized windows, high ceilings, and custom cabinetry. Prices start at $249,995. The community is conveniently located near entertainment and dining options, providing an attractive lifestyle for potential buyers.

Toll Brothers, a premier luxury home builder, has introduced two new three-story townhome designs in the Seminole Isle community in Florida. These homes feature contemporary coastal architecture, elevators, and range from 2,374 to 2,467+ square feet. They include 2 to 3 bedrooms, 2.5 bathrooms, and 9-foot ceilings for an open, airy feel. Additional features include flex rooms, loft spaces, and large 2-car garages with extra storage. Priced from the $600,000s, the homes are part of an amenity-rich community offering scenic views, walking and biking trails, a pool, fitness center, fishing dock, and more.

Toll Brothers (NYSE:TOL) announced its upcoming luxury home community, Riano Ridge, in Loveland, Colorado. The Sales Center at 3098 Gladstone Avenue will open in fall 2024. Riano Ridge will feature modern townhomes and single-family homes, available in four collections ranging from 1,673 to over 4,814 square feet, priced from the $500,000s. The community will offer private amenities, proximity to Mehaffey Park, and easy access to major highways like I-25. Home buyers can personalize their homes at the Toll Brothers Design Studio with assistance from professional consultants. Riano Ridge aims to provide a luxury living experience near shopping, dining, and recreational destinations.

Toll Brothers (NYSE:TOL), the leading builder of luxury homes, announced their Pennsylvania Division won multiple accolades at the 2024 Best in Pennsylvania Living Awards. Held at The Alloy Hotel in King of Prussia, Pennsylvania, the event recognized excellence in home building, design, and services.

Toll Brothers secured top honors for Single-Family Community of the Year (Stonebrook at Upper Merion – Heritage Collection) and Townhome Community of the Year (Overlook at Town Center). Additional awards included Home of the Year 55+ (Preserve at Marsh Creek – Carriage Collection, Reinhold Elite) and Best Landscape Design (Stonebrook at Upper Merion – Heritage Collection, Pickering).

The company also excelled in interior merchandising, with multiple wins in categories under $750,000 and $600,000 and over. Individual team member achievements were recognized, with twelve staff members receiving gold and platinum awards for home sales success.

Toll Brothers (NYSE:TOL), a leading luxury home builder, reported its FY 2024 second-quarter results, highlighting a net income of $481.6 million or $4.55 per share, compared to $320.2 million or $2.85 per share in the same period last year. Home sales revenues increased by 6% to $2.65 billion, with 2,641 delivered homes. Net signed contract value rose by 29% to $2.94 billion, with 3,041 contracted homes. However, the backlog value decreased by 12% to $7.38 billion. The company repurchased $181 million in common stock and increased its quarterly dividend by 10%. Looking ahead, Toll Brothers expects to earn $14.00 per diluted share for the full fiscal year 2024.