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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 (NYSE:TOL) has announced the opening of Silver Star, a luxury home community in Nampa, Idaho. This community features 232 single-family homes with designs ranging from 1,586 to 3,104 square feet, including the new Kaplan model. Located near West Ada District schools and recreational areas, the community offers a blend of suburban living and access to amenities. Buyers can customize the homes through the Toll Brothers Design Studio. Toll Brothers continues to lead in luxury home construction, recently recognized as the World’s Most Admired Homebuilder for 2022.

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Toll Brothers, Inc. (NYSE:TOL) reported strong first-quarter results for FY 2022, with net income soaring by 57% to $151.9 million and earnings per share rising 63% to $1.24, driven by a 20% increase in home sales revenues to $1.7 billion. The company signed net contracts valued at $3.0 billion, a 19% increase, and backlog surged 45% to a record $10.8 billion. Adjusted gross margins improved to 25.6%, and the company reaffirmed its full-year projections for 20% growth in home sales revenues and a gross margin of approximately 27.5% amidst ongoing supply chain challenges.

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Toll Brothers (NYSE:TOL) has announced the upcoming launch of its new luxury home community, Toll Brothers at Harvest, located in Denton County, Texas. This community will feature 72 single-family homes with sizes ranging from 1,900 to 3,200 square feet. Residents will enjoy a vibrant lifestyle with amenities such as a community garden, fitness facilities, and several pools. The community boasts a prime location with access to major highways and nearby schools. The Sales Center is set to open in Summer 2022, and prospective buyers can join the interest list for updates.

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Toll Brothers, a leading luxury home builder, announces the launch of two new communities in New Jersey: Middletown Walk and Enclave at Chatham. Construction has begun on these developments, featuring upscale living options. Middletown Walk offers spacious three-level townhomes starting in the upper $600,000s, while Enclave at Chatham presents luxury carriage-style homes priced from $1.4 million, with scenic views and premium amenities. The company reports strong interest in both projects, reflecting their commitment to enhancing their market presence in New Jersey.

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Toll Brothers has announced the launch of new active-adult homes at Santa Rita Ranch in Liberty Hill, Texas. This marks the first partnership between Santa Rita Ranch and Toll Brothers, featuring the first 55+ active-adult community in Texas. Three home collections—the Regency Garden, Meadow, and Orchard Collections—offer expansive floor plans ranging from 1,599 to over 3,500 square feet. The grand opening is set for this spring, with advance sales now available. Toll Brothers aims to provide luxury living and exceptional amenities in the Texas Hill Country.

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Toll Brothers (NYSE:TOL) has announced the opening of Westhaven at Ovation, a new community in the Horizon West development of southwest Orlando. This community features 368 homes, including townhomes and single-family houses, with prices starting from the $400,000s. The homes range in size from 1,760 to 3,800 square feet and include multiple floor plans. Residents will enjoy resort-style amenities and proximity to top-rated schools, shopping, and major attractions. The sales center is temporarily located at the Lakeshore community in Winter Garden, Florida.

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Toll Brothers, Inc. (NYSE:TOL), a leading luxury home builder, will hold a conference call on February 23, 2022, at 8:30 a.m. (ET) to discuss its first-quarter results for FY 2022, which will be announced after market close on February 22, 2022. Investors can access the call via the Investor Relations section of their website. Toll Brothers serves a diverse market across 24 states and has earned accolades such as the World’s Most Admired Homebuilder by FORTUNE magazine in 2022, marking its seventh consecutive year in this position.

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Toll Brothers (NYSE:TOL) announced the upcoming launch of Verona Estates in Chatsworth, California, featuring luxury single- and two-story homes ranging from 4,700 to 5,500 square feet. The exclusive community includes only eight home sites, emphasizing grand architecture, energy-efficient designs, and luxury amenities. Highlights include a prime location with easy access to shopping and dining, no mello roos, and a low tax rate. This new development joins Toll Brothers' robust portfolio and is designed to cater to discerning buyers in an established neighborhood.

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FAQ

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

The current stock price of Toll Brothers (TOL) is $157.59 as of November 22, 2024.

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

The market cap of Toll Brothers (TOL) is approximately 16.2B.

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

16.22B
100.42M
0.57%
90.42%
3.06%
Residential Construction
Operative Builders
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United States of America
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