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Toll Brothers (TOL) Stock News, Oct 15-24, 2024

TOL NYSE

Toll Brothers, Inc. builds luxury homes and residential communities across U.S. markets. News about TOL commonly covers new community openings, model-home grand openings, final sales opportunities, and planned collections of single-family homes, townhomes, and condominiums in regional markets such as Florida, Georgia, California, Texas, and Connecticut.

The company’s recurring updates also describe home designs, community amenities, buyer categories, and related operations in architecture, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing. Earnings announcements and conference-call notices add periodic reporting on home sales, deliveries, contracts, backlog, margins, and other homebuilding operating measures.

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Toll Brothers announced the grand opening of Wendell Place, a luxury home community in Westford, Massachusetts. The development features 21 single-family homes starting at $1.5 million, with designs ranging from 3,406 to 4,574 square feet. Homes include 4 to 5 bedrooms, 3.5 to 5.5 baths, and 2- to 3-car garages. Located near highly-rated Westford Public Schools and various amenities, the community offers residents access to shopping centers, dining options, and recreational facilities. Buyers can personalize their homes through the Toll Brothers Design Studio with professional consultants.

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Toll Brothers announced the addition of its new Manor Collection to the Sereno Canyon community in Scottsdale, Arizona, with sales starting in January 2025. The collection will feature three new home designs ranging from 4,152 to 4,655+ square feet, with prices starting at $2.3 million. Located in North Scottsdale, the staff-gated community will offer 31 home sites with mountain views. The single-level homes will include 4-5 bedrooms, luxury amenities, and Desert Contemporary, Modern, and Spanish Contemporary architecture styles. The community features the Mountain House Lodge with resort amenities including a restaurant, fitness center, pools, and recreational facilities.

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Toll Brothers Apartment Living and Equity Residential have celebrated the grand opening of Remy, a luxury apartment community in Frisco, Texas. The development features 357 upscale residences at 5775 Blairview Street, offering studio, one-bedroom, and two-bedroom floor plans.

Construction began in 2022, with first residents welcomed in April 2024. The community boasts high-end finishes including quartz countertops, stainless steel appliances, and smart home technology. Amenities include a resort-style pool, two-story fitness center, sky lounge, and coworking spaces.

Located near Frisco Square, Remy provides easy access to restaurants, retail, and the Dallas North Tollway. This development is one of three new communities opened in Texas through the partnership between Toll Brothers and Equity Residential.

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Toll Brothers (NYSE:TOL) announced its newest luxury home community, Longleaf Crest, coming to Holly Springs, North Carolina in early 2025. The community will feature 42 single-family homes ranging from 3,995 to 5,155+ square feet, with 4 to 6 bedrooms and prices starting from the low $900,000s. Located near Buckhorn Duncan Road and Summit Creek Drive, the development offers five home designs with various amenities including 2- to 4-car garages and flex room options. Residents will have access to the Toll Brothers Design Studio for home customization and be situated within the Wake County Public School System, near shopping centers and recreational facilities.

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Toll Brothers, Inc. (NYSE:TOL) has announced its newest luxury home community, Foxtail Crossing, coming soon to Colorado Springs, Colorado. The gated community will offer single-family paired homes up to 2,067 square feet, with construction of the Sales Center and model homes beginning in November and sales starting in spring 2025.

Key features include:

  • Homes priced from the $500,000s
  • 3 to 4 bedrooms, 2.5 to 3.5 baths, and 2-car garages
  • Personalization options at the Toll Brothers Design Studio
  • Proximity to Powers Boulevard and Woodmen Road
  • Access to Falcon 49 School District

Toll Brothers also has other communities in the El Paso County area, including Heights at Cottonwood Creek, Toll Brothers at Jackson Creek, Toll Brothers at Kissing Camels, and Toll Brothers at Wolf Ranch.

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Toll Brothers (NYSE:TOL) announces the grand opening of Riverstone Crossing, a new luxury home community in Spring City, Pennsylvania. The community features 33 exclusive home sites with modern, open-concept floor plans ranging from 2,583 to 3,029+ square feet. Home designs include the Welsh, Pickering, and Lorimer, offering 4 bedrooms, 2 to 4 baths, and a 2-car garage. Prices start from the mid-$600,000s.

Riverstone Crossing offers low-maintenance living with lawn care, snow removal, and waste management provided. The community includes a tot lot and is located near shopping, dining, and entertainment in Phoenixville, Collegeville, and Malvern. It's also conveniently situated less than 1.5 miles from Routes 23 and 724, providing easy access to Phoenixville and the Route 422 corridor.

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Toll Brothers (NYSE:TOL) has announced its newest luxury community, Manzanita Park, coming soon to Morgan Hill, California. The community, expected to open for sale in early 2025, will feature 67 luxury townhome-style condominiums ranging from 1,350 to 2,400+ square feet. Homes will offer 2 to 4 bedrooms, 2 to 3.5 bathrooms, and attached 2-car garages, with prices starting from $1.2 million.

Manzanita Park will include amenities such as pickleball courts, a community tot lot, a private dog park, and serene gardens. Located near Silicon Valley's employment and education hubs, the community offers a prime location in Morgan Hill, known for its beautiful scenery, vibrant downtown, and strong sense of community.

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Toll Brothers, Inc. (NYSE:TOL) has announced its newest community, The Towns at Plymouth Walk, coming soon to Plymouth, Michigan. This luxury townhome community will offer modern, open-concept floor plans with 3 bedrooms, 2-car garages, and designer-appointed options for personalization. Two distinct home designs, the Sanders and Howe, will be available, featuring versatile loft spaces, bedroom-level laundry rooms, and full basements with finishing options.

Prices will start in the mid-$500,000s, with sales anticipated to begin in early 2025. The community is located near downtown Plymouth and offers a low-maintenance lifestyle with landscaping and snow removal included. It is part of the Plymouth-Canton School District and is close to schools, restaurants, and shopping. Home buyers can personalize their homes at the Toll Brothers Design Studio with assistance from professional Design Consultants.

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Toll Brothers, Inc. (NYSE:TOL) has announced the grand opening of its model home at Toll Brothers at Headwaters, a new community of single-family homes in Dripping Springs, Texas. The community offers distinctive home designs on greenbelt sites with Texas Hill Country views, located just 25 minutes west of Austin.

The grand opening celebration of the Pecos model home is scheduled for Saturday, October 19 from noon to 3 p.m. at 213 Hazy Hills Loop. The event will feature light fare, local wine tastings, and sweet treats. Toll Brothers at Headwaters offers one- and two-story homes ranging from 1,900 to 3,560+ square feet, with 3 to 6 bedrooms, starting in the mid-$500,000s.

Residents will have access to resort-style amenities, including over 1,000 acres of open green space, community parks, trails, and Headwaters Central with a clubhouse, outdoor pool, and fitness center. The community is within the Dripping Springs Independent School District and offers easy access to shopping, dining, and recreational activities.

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Toll Brothers Campus Living®, a division of Toll Brothers, Inc. (NYSE: TOL), has opened Kinetic, a new luxury student apartment community in Atlanta. Located near the Georgia Institute of Technology, Kinetic features 239 apartment homes with 752 beds. The project was financed with a $91 million construction loan from US Bank, with construction starting in July 2022 and first occupancy beginning in August 2024.

Kinetic offers fully furnished apartments ranging from one to five bedrooms, equipped with luxury features and smart home technology. Community amenities include study lounges, a content studio, coffee bar, fitness center, sky lounge, and a 34th floor pool. The development is part of Toll Brothers Campus Living's growing portfolio of student housing projects across various universities.

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FAQ

What is the current stock price of Toll Brothers (TOL)?

Toll Brothers (TOL) last closed at $158.49.

What is the market cap of Toll Brothers (TOL)?

The market cap of Toll Brothers (TOL) is approximately $14.6B.