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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 announced the opening of Regency at Manalapan, a new 55+ community in New Jersey featuring two collections of homes priced from the upper $700,000s. Homebuyers can explore the sales center and a model home. The community offers low-maintenance living with amenities such as a 5,000 sq ft clubhouse, outdoor pool, and sports courts. The Toll Brothers Design Studio will provide personalization options for buyers. Established in 1967, Toll Brothers is a leading luxury home builder, listed under the ticker TOL.
Toll Brothers (NYSE:TOL) announced the opening of its new luxury home community, Ridgecrest, located in Indian Land, S.C., near Charlotte. The community features three home collections ranging from 2,700 to over 3,950 square feet, with prices starting in the upper $400,000s. Amenities include a community pool, parks, and access to nearby recreational areas. The location offers a convenient commute to the Charlotte area, highly rated schools, and low taxes. Prospective buyers can visit by appointment. Toll Brothers continues to expand in the Charlotte market.
Toll Brothers (NYSE:TOL) announced the election of Scott D. Stowell to its Board of Directors, effective November 1, 2021. Stowell brings over 30 years of experience in the home building sector, having previously served as CEO and executive chairman in prominent companies. His appointment follows the decision of Richard J. Braemer to not stand for re-election, a board member since 1986. The company emphasizes ongoing board refreshment to enhance diversity and perspectives.
Toll Brothers, Inc. (NYSE:TOL) announced a quarterly cash dividend of $0.17 per share, to be paid on October 22, 2021. Shareholders on record as of the close of business on October 8, 2021 will be eligible for this dividend. This marks a continued commitment to rewarding shareholders amid the company's growth as a leading builder of luxury homes across numerous states. Toll Brothers has been recognized as one of FORTUNE magazine’s World’s Most Admired Companies for ten consecutive years.
Toll Brothers, a leading luxury home builder, has announced a new single-family home community named Knightdale Station in Wake County, N.C. This community will feature 55 homes with 4-5 bedrooms, priced starting in the mid-$500,000s. Homes will range from 3,187 to 3,611 square feet and include top-notch finishes. Residents will benefit from nearby greenways, parks, and educational options like Thales Academy. Knightdale Station is strategically located near I-540, enhancing access to Downtown Raleigh and Research Triangle Park.
Toll Brothers has entered a multi-year exclusive agreement with SunPower to be the sole provider of solar technology in Toll Brothers homes throughout California. This partnership includes preferred rates and expands solar storage solutions with SunPower’s SunVault system. Nearly all new homes will feature the SunPower Equinox solar system, enhancing energy efficiency and offering backup power options. The agreement also establishes a framework for future expansion into additional markets, aligning with Toll Brothers’ commitment to sustainability.
Toll Brothers has announced a significant management restructuring. Robert Parahus has been promoted to President and Chief Operating Officer, effective November 1, 2021, overseeing homebuilding operations in 24 states. Karl Mistry and Seth J. Ring have been promoted to Executive Vice President, responsible for East and West operations, respectively. This succession plan was initiated in 2019 and aims to strengthen leadership while preparing the company for future growth in luxury homebuilding.
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