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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 has launched Overlook at Hillcrest, a luxury home collection in Porter Ranch, California, with model homes ready this fall. This community features modern home designs with sizes ranging from 3,600 to 3,700 sq. ft., starting at $1.6 million. Ridge at Hillcrest, another collection, will open soon, offering homes from 3,900 to over 5,000 sq. ft. at anticipated prices starting at $1.8 million. Both collections promise no Mello Roos, access to top local schools, a future community park, and low property taxes.
Toll Brothers has announced the development of the 108-acre Mercer Crossing in Ashburn, Virginia, including a donation of four acres to the Loudoun Freedom Center for educational facilities. The project aims to address the housing needs of Loudoun County with mixed-use components, including affordable housing and public spaces. The development plans are subject to rezoning and approvals by the Loudoun County Board. This initiative reflects both a commitment to community needs and the preservation of local history.
Toll Brothers, Inc. (NYSE:TOL) announced a quarterly cash dividend of $0.17 per share, to be paid on July 23, 2021, to shareholders on record as of July 9, 2021. This marks a continued commitment to returning cash to shareholders, reflecting the company's financial health. As a leading builder of luxury homes in the U.S., Toll Brothers operates in 24 states and provides a diverse range of housing solutions.
Toll Brothers (NYSE:TOL) reported strong second quarter results for FY 2021, with net income of $127.9 million and earnings per share of $1.01, marking a significant increase from $75.7 million and $0.59 per share in FY 2020. Home sales revenues reached a record $1.84 billion, up 21% year-over-year. The company achieved all-time records in net signed contracts valued at $3.05 billion, and backlog value rose 58% to $8.69 billion. The strategic expansion, price increases, and favorable housing market conditions support a positive outlook, with increased fiscal year 2021 guidance.
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