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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, the leading luxury home builder in the U.S., will host a conference call on May 26, 2021, at 8:30 a.m. ET to discuss its second-quarter financial results for FY 2021. The earnings announcement will be made after the market close on May 25, 2021. Key metrics to be discussed include revenues, earnings, contracts, and backlog. This marks the 10th consecutive year the company has been listed among FORTUNE's World’s Most Admired Companies.
Toll Brothers has published its inaugural Environmental, Social and Governance (ESG) Report, marking a significant step in its commitment to transparency and sustainability. The report sets benchmarks on various ESG criteria, reflecting the company's dedication to the communities and environments in which it operates. CEO Douglas Yearley emphasized that the report serves multiple stakeholders, including shareholders, employees, and home buyers. Utilizing standards from the Sustainability Accounting Standards Board (SASB), the report aims to document the company’s contributions to housing and economic recovery.
Toll Brothers, America’s Luxury Home Builder, announces the opening of its new gated community, 100 West, in Anaheim, CA, set to launch this spring. The community will feature 292 luxury homes, offering modern designs with 1-4 bedrooms and pricing between the low $600,000s and mid-$700,000s. Buyers can customize their homes with various design options. Located near major attractions and highways, 100 West aims to provide a blend of urban convenience and luxury living.
Toll Brothers has announced the upcoming launch of two new luxury home collections, Skyline and Summit, in the Porter Ranch area of Los Angeles. Priced from approximately $2.1 million, these homes come with no Mello Roos and low property taxes. Skyline will feature designs from 4,500 to 5,600 square feet, offering various architectural styles. Summit will present modern 2- to 3-story plans, also ranging from 4,500 to 5,900 square feet. The anticipated opening is this spring, providing buyers with opportunities for personalized interiors and luxurious features.
Toll Brothers, Inc. (NYSE:TOL) has announced a 54% increase in its quarterly cash dividend from $0.11 to $0.17 per share. This change marks the company's commitment to delivering returns to stockholders and reflects its strong cash generation. The new dividend will be payable on April 23, 2021, to shareholders on record by April 9, 2021. Toll Brothers initiated its dividend at $0.08 in April 2017, with increases noted in previous years.
Toll Brothers, Inc. (NYSE: TOL) announces the opening of The Bradford, a new luxury apartment community in Belmont, MA, marking its third multifamily project in the Boston market. This 112-unit complex offers modern finishes and boutique amenities aimed at fostering a community atmosphere. Located just 15 minutes from Boston, The Bradford provides convenient access to major highways and public transport, catering to urban professionals. This project continues Toll Brothers' partnership with The Davis Companies, enhancing its presence in the competitive Boston housing market.
Toll Brothers has unveiled its model homes for Cody Place, a new luxury townhome community in downtown Palm Springs. The pre-sales, initiated in Fall 2020, have seen about 25% of the homes sold prior to this opening. Prices begin in the mid-$700,000s. These homes feature innovative designs with open floor plans, impressive views, and a range of amenities, including a private clubhouse and pools. The location offers residents convenient access to high-end shopping, dining, and recreational activities, making it an attractive option for prospective buyers.
Toll Brothers, Inc. (TOL) announces the opening of Carraway, its first multifamily community in Westchester County, New York. This luxury community features 421 apartments with diverse floor plans and premium amenities, including a fitness center, resort-style pool, and private workspaces. Bill Lovett, the Regional Director, highlights the convenience of Carraway's location, just an hour from Manhattan. The development is a joint venture with J.P. Morgan Global Alternatives, marking a significant expansion of Toll Brothers Apartment Living into the New York market.
Toll Brothers, the leading builder of luxury homes, reported a strong first quarter for FY 2021, with net income of $96.5 million and diluted EPS of $0.76, up from $56.9 million and $0.41 in the prior year. Home sales revenues reached $1.41 billion, a 9% increase, with 1,777 homes delivered, marking a 10% rise. Net signed contracts soared by 68% to $2.51 billion. Backlog increased by 37% to $7.47 billion, signaling strong demand. Despite these gains, the company expects a pre-tax charge of $33 million from early debt redemption.
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