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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.
Toll Brothers (NYSE:TOL), a leading builder of luxury homes, announced the upcoming launch of its single-family home community, Westlake Vistas, in Saratoga Springs, Utah. The community will feature 44 homes, each providing impressive mountain and lake views. The sales center is set to open in mid-2023, with construction already underway. Home buyers will enjoy a state-of-the-art Design Studio to customize their homes. Bob Flaherty, Group President of Toll Brothers in Utah, expressed enthusiasm for the community, promising quality craftsmanship.
Toll Brothers has announced the final chance to purchase a new luxury home at its Edison at eTown community in Jacksonville, Florida. Limited homes are available, with prices starting in the low $600,000s. The homes feature modern designs and range from 2,500 to over 4,300 square feet. A highlighted offering is the Captiva Elite Transitional, a 3,408-square-foot home with 4 bedrooms and 3.5 baths. Homeowners will have access to various amenities, including a resort-style pool and fitness center. The “New Year New Home” sales event is currently offering limited-time incentives.
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Toll Brothers (NYSE:TOL) announces availability of quick move-in homes in Reno, Nevada. Homebuyers can select from designer-appointed homes across various communities, including active-adult 55+ lifestyle options.
Prices range from mid-$400,000s to over $1.2 million, with homes featuring 2 to 6 bedrooms and 2 to 4 baths. The ongoing 'New Year New Home' Sales Event offers limited-time incentives. Toll Brothers' communities are located in desirable areas with access to entertainment and outdoor activities.
Toll Brothers has announced the launch of its Regency at Santa Rita Ranch, a luxury active-adult community in Liberty Hill, Texas. The community, priced from the mid-$300,000s, features 15 home designs ranging from 1,599 to over 3,568 square feet. Its upcoming amenity center includes a clubhouse, resort-style pool, and multiple sports courts. Groundbreaking occurred in June 2022, with completion expected in 2023. Home buyers can visit five model homes, which are open for tours, and benefit from current sales incentives during the New Home New Year event.
Toll Brothers (NYSE:TOL) announced the grand opening of its Solstice at Wellen Park community in Venice, Florida, featuring luxury villas and single-family homes. The community offers open-concept floor plans ranging from 1,528 to over 3,400 square feet, with prices starting in the upper $300,000s. Amenities include a clubhouse, swimming pool, fitness studio, tennis courts, and nature trails. The New Home New Year Sales Event provides home buyers with limited-time incentives. This development positions Toll Brothers to attract home buyers seeking modern sanctuary living.
Toll Brothers, a leading luxury home builder, has declared a quarterly cash dividend of $0.20 per share, which will be paid on January 20, 2023. Shareholders on record as of January 6, 2023 will be eligible for this dividend. This announcement reflects the company's commitment to returning value to its investors amidst its operations across 60 markets in 24 states. Toll Brothers, recognized as the World’s Most Admired Homebuilder in 2022 by Fortune, continues to enhance its market position in the luxury home sector.
Toll Brothers (NYSE:TOL) has completed the construction of a state-of-the-art 30,000-square-foot amenity center, named The Pearl, at its Regency at Avenir community in Palm Beach Gardens, Florida. This luxury community targets active adults aged 55+, featuring 469 single-family homes with prices starting from the upper $500,000s. The Pearl offers various amenities, including fitness facilities, a golf simulator, and social spaces, designed to promote a vibrant lifestyle. The community is conveniently located near shopping and entertainment.
Toll Brothers has announced the opening of Toll Brothers at Hudson Landing, featuring 93 luxury townhomes along the Hudson River in Dutchess County, New York. The project includes two model homes scheduled to open in early 2023, with prices starting in the low $600,000s. Residents will enjoy amenities such as a clubhouse, swimming pool, and walking trails, alongside easy access to major highways. The community aims to exemplify the Toll Brothers luxury brand, allowing home buyers to personalize homes through the state-of-the-art Design Studio.
Toll Brothers, the leading luxury home builder, reported strong Q4 fiscal results for 2022, with net income of $640.5 million and earnings per share of $5.63, up from $374.3 million and $3.02 in Q4 2021. Home sales revenues increased 21% to $3.6 billion, while delivered homes rose 13% to 3,765. However, net signed contracts dropped 56% to $1.3 billion. Full FY 2022 highlighted a net income of $1.29 billion on revenues of $9.71 billion. The company projects FY 2023 adjusted gross margins of 27.0% and earnings per share between $8.00 to $9.00.