Welcome to our dedicated page for Toll Brothers news (Ticker: TOL), a resource for investors and traders seeking the latest updates and insights on Toll Brothers stock.
Toll Brothers, Inc. (NYSE: TOL) is a Fortune 500 homebuilder that describes itself as the nation’s leading builder of luxury homes, with communities in more than 60 U.S. markets. The Toll Brothers news feed on Stock Titan brings together company-issued announcements, community openings, and regulatory updates that shape the TOL stock story.
Recent news highlights the company’s active pipeline of new communities and home collections. Releases describe the launch of new luxury home collections at Sterling Grove in Surprise, Arizona, the opening of model homes at townhome communities such as Woodinville Square and Camas Meadows Crossing in Washington, and the debut of ranch-style single-level designs at Aurora Ridge at Great Sky in Canton, Georgia. Other updates cover new luxury communities like Ledgestone in Lawrenceville, Georgia, Vintage Grove in Fuquay-Varina, North Carolina, and final-home opportunities in Florida communities such as Crosswinds at Nocatee and Fontaine by Toll Brothers.
News items also address lifestyle and amenity developments, including the opening of The Cove amenity center at Regency at Waterset, a 55+ active-adult community in Apollo Beach, Florida. In addition, corporate press releases and related SEC filings report on leadership succession, such as the planned transition of the Chief Executive Officer role and changes in key finance and accounting positions.
By following the Toll Brothers news page, readers can review company communications on new community launches, model home openings, amenity additions, leadership changes, and periodic references to financial results press releases. This page can be revisited regularly to see how Toll Brothers describes its ongoing development activity and corporate milestones that may be relevant to TOL shareholders and prospective investors.
Toll Brothers (NYSE:TOL) announced its newest master-planned community, Overbrook Estates, coming to Huntersville, North Carolina. The development will feature 357 new homes with construction starting in early spring 2025 and sales beginning in late spring 2025. The community will offer nine home designs across three collections, ranging from 3,030 to 3,905+ square feet, with prices starting from the $600,000s.
The homes will include 3 to 6 bedrooms, 2.5 to 5.5 baths, and 2- to 3-car garages. The community will feature amenities including a pool and cabana, and is located near Lake Norman with easy access to Highway 77 and Gilead Road. Buyers will have access to the Toll Brothers Design Studio for home customization.
Toll Brothers (NYSE:TOL) has announced the final sales opportunity at Hidden Ridge, a luxury home community in El Dorado Hills, California. Only twelve homes remain available, featuring four distinct floor plans ranging from 3,000 to 4,000+ square feet with 4-5 bedrooms and 3.5-4.5 baths. Homes start at $1,059,995 and showcase open-concept designs with first-floor ceilings up to 20 feet.
The community offers both move-in ready homes with Designer Appointed Features and Built to Order options. Buyers can customize their homes at the Sacramento Design Studio, choosing from various structural options including offices, multi-generational living suites, and outdoor fireplaces. The development features Coastal Contemporary, Italianate, Contemporary Craftsman, and Modern Farmhouse exterior designs.
Located at 7044 Grand Teton Drive, residents will have access to top-rated schools, parks, and recreational facilities, including Folsom Lake and State Park.
Toll Brothers (NYSE:TOL) announced its newest luxury home community, Venado Valley, coming to Carson City, Nevada. The development, located at North Ormsby Boulevard and West Washington Street, will feature 40 single-family homes. The community will offer two home designs ranging from 2,129 to 2,337+ square feet with 3-4 bedrooms, 2-3.5 baths, and 3-car garages. Construction of the Sales Center and model homes is underway, with sales expected to begin in spring 2025. The location offers walkability to Carson City's historic downtown, with access to shops, restaurants, and outdoor recreation.
Toll Brothers (NYSE:TOL), the nation's leading luxury home builder, has declared a quarterly cash dividend of $0.23 per share. The dividend will be paid on January 24, 2025 to shareholders of record as of the close of business on January 10, 2025.
Toll Brothers (NYSE: TOL) has announced the grand opening of its new model home at Lakeside at Tessera in Lago Vista, Texas. The Pickett model home showcases luxury single-family living on Lake Travis's shores. The community features six floorplans ranging from 1,813 to 2,873+ square feet, with prices starting from the upper $400,000s.
The development offers homes with Classic, Transitional, Traditional, High Plains, and Modern architecture. Community amenities include an infinity-edge pool with splash pad, one mile of shoreline with beach access, playground, pickleball courts, and an open-air event pavilion. Located within the Lago Vista School District, residents have access to hiking and biking trails and are minutes from Cedar Park's entertainment options.
Toll Brothers (NYSE:TOL) announced its newest community, Skyway Landing, coming to Sanford, Florida in early 2025. The gated community will feature luxury townhomes ranging from 1,500 to 2,000+ square feet, with prices starting from the upper $300,000s. Each townhome will include 3 bedrooms, 2 baths, and 1- or 2-car garages.
The development will offer four distinctive two-story designs and include amenities such as a pool and cabana. Located near Historic Downtown Sanford and Lake Monroe, the community provides access to parks, trails, and wildlife reserves. It falls within the highly-ranked Seminole County school district. Homebuyers will have access to the Toll Brothers Design Studio for personalization options.
Toll Brothers (NYSE:TOL) reported strong Q4 FY2024 results with net income of $475.4 million ($4.63 per diluted share), up from $445.5 million ($4.11 per share) in Q4 FY2023. Home sales revenues increased 10% to $3.26 billion, with delivered homes up 25% to 3,431 units.
For full FY2024, the company achieved record revenues of $10.56 billion, up 7% year-over-year, with net income of $1.57 billion ($15.01 per diluted share). Net signed contracts value rose 27% to $10.07 billion. The company maintained strong margins with adjusted home sales gross margin at 28.4%.
Looking ahead to FY2025, Toll Brothers targets delivering 11,200-11,600 units and expanding its community count by 10%. The company ended Q4 with $1.30 billion in cash and a strong land position of approximately 74,700 lots owned and optioned.
Toll Brothers (NYSE:TOL) has announced its new luxury home community, The Cove at Encinitas, coming to La Costa Avenue in Encinitas, California in early 2025. The exclusive neighborhood will feature 42 homes ranging from 1,600 to 4,000+ square feet, with prices starting at $3.2 million.
The homes will offer 3 to 5 bedrooms and 2.5 to 5.5 baths, featuring coastal contemporary, contemporary craftsman, and modern farmhouse architectural styles. Each residence will include open-concept layouts with spacious kitchens, great rooms, and various bonus spaces. The community will be within walking distance of South Ponto Beach and include two pocket parks.
Toll Brothers (NYSE:TOL) announced the opening of Nola at Escena, a new luxury home community in Palm Springs, California, launching sales on December 7, 2024. The exclusive neighborhood will feature 40 single-story homes ranging from 2,200 to 2,400+ square feet, priced from $1.3 million.
Located within the gated Escena golf community, homes will offer 2-3 bedrooms, 2-3 bathrooms, and a 2-car garage with pool. Residents will have access to the public Escena Golf Club and Escena Lounge & Grill, along with proximity to retail, dining, parks, hiking trails, and Palm Springs International Airport.
Toll Brothers has announced the opening of model homes at three new luxury communities in Cumming, Georgia: Northfield, Sterling Pointe, and CrossCreek. The model homes, which showcase the company's signature craftsmanship, innovative designs, and high-quality finishes, are now available for tours following recent Grand Opening events at each location.