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) has unveiled Lakemont, a new luxury waterfront community in Hudson, Massachusetts. The development features 21 single-family homes priced from $1.4 million, offering stunning views of Lake Boon and access to a boat launch. Homebuyers can choose from four home designs with 4 bedrooms, 3.5 to 6.5 baths, and various customizable features.
Located less than two miles from downtown Hudson, recently named winner of the "America's Main Streets" contest, Lakemont provides a blend of tranquility and convenience. The community offers easy access to shopping, dining, and recreation, including the Assabet River Rail Trail and nearby country clubs. Toll Brothers' state-of-the-art Design Studio allows buyers to personalize their homes with professional assistance.
Toll Brothers Apartment Living and The Davis Companies have announced the grand opening of Whitlow, a new luxury apartment community in Lewisville, Texas. The 420-unit, four-story development offers a mix of studio, one-bedroom, and two-bedroom apartments with high-end finishes and smart home technology.
Whitlow features extensive amenities including a saltwater pool, fitness center, coworking spaces, and pet facilities. The community is strategically located in Old Town Lewisville, providing easy access to local attractions and Dallas.
Construction began in 2021, with the first residents welcomed in February 2024. The project, financed by Citizens Bank, represents Toll Brothers' commitment to developing upscale residences in desirable markets like Dallas-Fort Worth.
Toll Brothers (NYSE:TOL) has announced the opening of Steeple Run, a new luxury single-family home community in Quakertown, Pennsylvania. Homes are priced from the low $600,000s and range from 2,121 to 2,776+ square feet. The community offers:
- Two-story home designs with 4 bedrooms, 2.5 to 3.5 baths, and 2-car garages
- Basements and open-concept floor plans
- Personalization options at the Toll Brothers Design Studio
- Quick move-in homes available for delivery in November and December 2024
Located in a private, wooded setting, Steeple Run provides easy access to the Pennsylvania Turnpike, Route 309, and nearby amenities. The community's Sales Center and model home are now open for prospective buyers to visit.
Toll Brothers is now offering move-in ready luxury townhomes at Highlands at Vinings in Atlanta, Georgia. Starting at $925,000, these four-story townhomes feature private elevators and rooftop terraces. The gated community of 31 homes offers designs up to 3,553 square feet with 3 bedrooms, 4.5 baths, and 2-car garages.
Luxury finishes include Wolf and Sub-Zero appliances, quartz countertops, and spa-like bathrooms. A Chastain Transitional home design is currently available for $945,000. Located in downtown Vinings, the community offers easy access to shopping, dining, and major highways. It's a short drive to Buckhead, Downtown, and Midtown, with a 20-minute commute to Hartsfield-Jackson International Airport.
Toll Brothers has announced the opening of its newest luxury home community, Toll Brothers at StoneCreek, in Richmond, Texas. The community offers six single-level and two-story home designs ranging from 3,078 to 3,782+ square feet, with 4 to 6 bedrooms and 2- or 3-car garages. Prices start from the mid-$500,000s.
Located within the StoneCreek Estates master plan, the community features resort-style amenities and is within walking distance of Don Carter Elementary School. Homebuyers can personalize their homes at the Toll Brothers Design Studio. Quick move-in homes are available for fall 2024 occupancy. The community offers easy access to major highways, shopping, and entertainment options, and is served by the Lamar Consolidated Independent School District.
Toll Brothers reported strong Q3 FY2024 results, with home sales revenues up 2% to $2.72 billion and delivered homes up 11% to 2,814 units. Net income was $374.6 million, or $3.60 per diluted share. The company's adjusted home sales gross margin was 28.8%, exceeding guidance. Net signed contracts increased 11% in both units and value. Based on Q3 performance, Toll Brothers raised full-year guidance across key metrics, expecting earnings between $14.50 and $14.75 per diluted share. The company repurchased $245.9 million of common stock in Q3 and increased expected FY2024 repurchases to $600 million. With a strong balance sheet and positive market outlook, Toll Brothers aims to grow its community count to 410 by fiscal year-end, representing 11% growth.
Toll Brothers (NYSE:TOL) is now offering quick move-in homes in Regency at Babcock Ranch, an active-adult 55+ community in southwest Florida. The community features three distinct collections of low-maintenance homes in Charlotte County, with prices starting from the mid-$300,000s.
Home designs include single-family and villa options with 2 to 4 bedrooms, 2 to 3 bathrooms, and indoor/outdoor living features. Residents can enjoy exclusive resort-style amenities such as a clubhouse, swimming pool, fitness center, and various sports facilities.
The community is part of the larger Babcock Ranch development, offering additional master-plan amenities. Five professionally decorated model homes are available for tours daily, providing potential buyers with a firsthand look at the luxurious Toll Brothers lifestyle.
Toll Brothers City Living and Sculptor Real Estate have completed construction of 151 Bay Street, a 34-story luxury condominium in Jersey City's Powerhouse Arts District. The building offers 259 units ranging from studios to three-bedrooms, with over 75% already sold. Designed by SLCE with interiors by Bernheimer Architecture, it features open-plan living areas, high-end finishes, and expansive amenities including a Sky Lounge, rooftop terrace, and fitness center.
The development is part of the Provost Square community, which includes a public plaza and performing arts theater. Located near the Grove Street PATH station, residents have easy access to Manhattan and local attractions. Prices for residences start in the low $800,000s. The project marks a significant addition to Jersey City's luxury real estate market, offering stunning views and high-quality living spaces in a prime location.
Toll Brothers (NYSE:TOL) has announced its newest luxury home community, Avonmore, coming soon to Ashburn, Virginia. This boutique enclave will feature 14 scenic home sites with modern designs ranging up to 5,200 square feet. Anticipated to open for sale in fall 2024, Avonmore will offer:
- Exceptional location with access to outdoor recreation, upscale shopping, and restaurants
- Flexible floor plans with options for personalization
- Features like front porches, open kitchens, and multi-generational living suites
- Proximity to Goose Creek Village, Broadlands Village Center, and major transportation routes
Homebuyers will have access to the Toll Brothers Design Studio for personalized selections. The community's development reflects Toll Brothers' commitment to providing luxury homes in desirable locations.
Toll Brothers Apartment Living, in partnership with Equity Residential, has opened Remy, a new 357-unit luxury apartment community in Frisco, Texas. Located at 5775 Blairview Street, Remy offers studio, one-, and two-bedroom residences with high-end features and finishes. The community boasts sophisticated amenities including a resort-style pool, sky lounge, fitness center, and coworking spaces.
Construction began in 2022, supported by a $55.6 million loan from Santander Bank. Remy's prime location near Frisco Square provides residents easy access to restaurants, shops, and green spaces. The project marks Toll Brothers' second opening with Equity Residential in Texas this year, demonstrating their commitment to developing luxury communities in growing areas.