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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.
Toll Brothers (NYSE:TOL) has completed the construction of a state-of-the-art 30,000-square-foot amenity center, named The Pearl, at its Regency at Avenir community in Palm Beach Gardens, Florida. This luxury community targets active adults aged 55+, featuring 469 single-family homes with prices starting from the upper $500,000s. The Pearl offers various amenities, including fitness facilities, a golf simulator, and social spaces, designed to promote a vibrant lifestyle. The community is conveniently located near shopping and entertainment.
Toll Brothers has announced the opening of Toll Brothers at Hudson Landing, featuring 93 luxury townhomes along the Hudson River in Dutchess County, New York. The project includes two model homes scheduled to open in early 2023, with prices starting in the low $600,000s. Residents will enjoy amenities such as a clubhouse, swimming pool, and walking trails, alongside easy access to major highways. The community aims to exemplify the Toll Brothers luxury brand, allowing home buyers to personalize homes through the state-of-the-art Design Studio.
Toll Brothers, the leading luxury home builder, reported strong Q4 fiscal results for 2022, with net income of $640.5 million and earnings per share of $5.63, up from $374.3 million and $3.02 in Q4 2021. Home sales revenues increased 21% to $3.6 billion, while delivered homes rose 13% to 3,765. However, net signed contracts dropped 56% to $1.3 billion. Full FY 2022 highlighted a net income of $1.29 billion on revenues of $9.71 billion. The company projects FY 2023 adjusted gross margins of 27.0% and earnings per share between $8.00 to $9.00.
Toll Brothers, Inc. (NYSE: TOL) announced the development of a new luxury home community, Toll Brothers at Crystal Valley, in Castle Rock, Colorado, set to open in summer 2023. This master-planned resort community will feature oversized home sites with valley views and four distinct luxury home designs starting in the mid-$900,000s. Residents will enjoy access to top-rated Douglas County schools and amenities including a clubhouse, fitness center, and miles of trails. The location offers convenient access to major highways and recreational facilities.
Toll Brothers announced the opening of the Overlook Collection at Montaine in Castle Rock, Colorado, set for early 2023. This collection features four luxury home designs, with prices starting in the mid-$700,000s. Montaine offers resort-style amenities including a clubhouse, pool, and numerous trails, all while being situated in a highly-rated school district. The community is conveniently located near shopping and dining options, enhancing its appeal for potential home buyers.
Toll Brothers Apartment Living has topped out Broad & Noble, an 18-story, 344-unit luxury mixed-use community in Philadelphia. This development, scheduled for initial occupancy in summer 2023, encompasses over 282,000 square feet, including retail space. The project is funded by a $100.2 million construction loan from Wells Fargo. With high-end finishes and state-of-the-art amenities, Broad & Noble aims to enhance rental offerings in the vibrant North Philadelphia area, attracting urban renters and contributing to the local economy.
Toll Brothers, the leading luxury home builder, will hold a conference call on December 7, 2022, at 8:30 a.m. ET to discuss its fourth-quarter results for FY 2022, which will be released after market close on December 6, 2022. Interested parties can access the call live via the company's website. Toll Brothers operates in over 60 markets across 24 states and serves various buyer segments. Recognized for excellence, it has received multiple accolades, including being named the World's Most Admired Homebuilder for seven consecutive years by FORTUNE magazine.
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