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Toll Brothers, Inc. (NYSE: TOL) is a leading national luxury homebuilder shaping residential real estate through innovative communities and premium urban developments. This dedicated news hub provides investors and industry observers with comprehensive updates on corporate milestones, financial disclosures, and strategic initiatives.
Track official announcements including quarterly earnings results, executive leadership updates, partnership agreements, and market expansion plans. Our curated collection features press releases covering new community launches, sustainability initiatives, and operational achievements across Toll Brothers' 24-state footprint.
Discover timely insights into the company's luxury homebuilding operations, multifamily developments through Toll Brothers Apartment Living, and design innovation strategies. Content is organized for efficient navigation of material developments impacting both residential buyers and long-term investors.
Bookmark this page for direct access to verified information about TOL's market positioning, industry recognition, and community development projects. Check regularly for updates reflecting the company's performance in the premium housing sector and broader construction industry trends.
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.
Toll Brothers, Inc. (NYSE:TOL), a leading luxury home builder, is set to announce its first-quarter earnings results for FY 2021 on February 23, 2021, after the market close. A live conference call will follow on February 24, 2021, at 8:30 a.m. EST, where the company will discuss its financial performance and outlook for the fiscal year. Toll Brothers operates in 24 states and has received accolades for its performance, being recognized as the World’s Most Admired Home Building Company for six consecutive years.
Toll Brothers Apartment Living and L+M Development Partners, in partnership with Goldman Sachs, have secured $160 million in construction financing for a new 561-unit community in Washington, D.C. This development will provide approximately 20% affordable housing and include public open spaces and extensive amenities. The project, located on a 6.7-acre site, is set to start construction and aims to offer a range of apartment sizes. With strong backing from financial partners and local organizations, it anticipates welcoming its first residents in 2022.
Toll Brothers, Inc. (NYSE:TOL) announced a quarterly cash dividend of $0.11 per share, scheduled for payment on January 22, 2021. Shareholders of record as of the close of business on January 8, 2021 will be eligible to receive this dividend. The company, a leader in luxury home building, operates in 24 states and has been recognized as the World’s Most Admired Home Building Company for six consecutive years. It engages in various residential developments and offers an array of services, including architectural and engineering solutions.
Toll Brothers reported its fourth quarter results for FY 2020, showing a net income of $199.3 million ($1.55 per share), slightly down from $202.3 million ($1.41 per share) the previous year. Home sales revenues rose 9% to $2.50 billion, with deliveries up 10% to 2,940 homes. Notably, net signed contracts surged 63% to $2.74 billion, marking a record for the company. However, pre-tax income decreased to $267.0 million from $272.6 million. The FY 2021 guidance anticipates delivering 9,600 to 10,200 homes with an average price between $790,000 and $810,000.
CAVU Resources (OTC: CAVR) announced the successful closing of a $5.59 million contract with Toll Brothers (NYSE: TOL), marking the largest revenue-producing transaction in the company's history. The company reported a 475% increase in revenue for Q4 FY20, with eight weeks remaining in the quarter. Upcoming closings from Sinacori Builders include 6 custom properties, expected to generate an additional $3.85 million in revenue. The firm also purchased 16 development lots for $2.2 million, anticipating further growth in 2021.
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