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 announced plans to develop the Lago Collection of luxury homes in Bella Collina, Montverde, enhancing its existing Vista Collection. The Lago Collection will feature 50 single-family estate homes, ranging from 3,635 to over 4,400 square feet, and a new model home is expected to open later this year. Residents will enjoy luxury amenities, including a championship golf course and a Tuscan-style clubhouse. The collection is positioned near Orlando's attractions, appealing to potential buyers seeking high-quality living in a desirable community.
Toll Brothers (NYSE:TOL) has launched the Overlook Collection in Porter Ranch, California, featuring modern homes with open layouts and high ceilings. Prices start from $1.97 million, with homes offering up to 3,700 square feet and various luxury options. The community includes amenities like award-winning schools, parks, shopping centers, and a serene lifestyle. Division President Nick Norvilas expressed excitement over meeting high demand for these homes. The sales center is open daily, showcasing these new models.
Toll Brothers (NYSE:TOL) has announced the grand opening of its Tremont Station model home in Uptown Charlotte. Featuring luxurious, innovative architecture, the Dunavant model home highlights contemporary design with floor plans from 1,830 to 2,292 square feet, starting in the mid-$600,000s. The community offers low-maintenance living, rooftop terraces, and amenities like guest parking and a dog park. Conveniently situated near local attractions, Tremont Station emphasizes design flexibility with customizable interior finishes for buyers.
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Toll Brothers, the nation’s top luxury home builder, announced the development of Weslyn Park in Sunbridge, offering single-family homes with designs from 2,485 to 4,042 square feet. Homes will feature modern amenities such as smart technology and well-designed living spaces. Community amenities include a playground, trails, and future pool. Located conveniently near major highways, Weslyn Park connects residents to Orlando attractions while providing a serene environment. This project highlights Toll Brothers' commitment to luxury and community integration.
On March 15, 2022, Toll Brothers (NYSE: TOL) announced the opening of Park 108, a community featuring 33 luxury condominium residences in Decatur, Georgia. Prices start in the mid-$200,000s, offering studio to two-bedroom options ranging from 504 to 1,364 square feet. The design combines modern aesthetics with the historic charm of a 1930s building. Located near Oakhurst Village, residents will enjoy access to local amenities. Toll Brothers, recognized as the leading luxury home builder, operates in over 60 markets across 24 states.
Toll Brothers, Inc. (NYSE:TOL) announces a quarterly cash dividend increase to $0.20 per share, marking an 18% rise from $0.17 per share. The annualized dividend now stands at $0.80 per share. Shareholders of record on April 8, 2022 will receive the dividend on April 22, 2022. CEO Douglas C. Yearley, Jr. emphasized the company's strong cash generation and commitment to sustainable growth, which reflects positively on shareholder returns.
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Toll Brothers (NYSE:TOL) has announced the opening of Silver Star, a luxury home community in Nampa, Idaho. This community features 232 single-family homes with designs ranging from 1,586 to 3,104 square feet, including the new Kaplan model. Located near West Ada District schools and recreational areas, the community offers a blend of suburban living and access to amenities. Buyers can customize the homes through the Toll Brothers Design Studio. Toll Brothers continues to lead in luxury home construction, recently recognized as the World’s Most Admired Homebuilder for 2022.
Toll Brothers, Inc. (NYSE:TOL) reported strong first-quarter results for FY 2022, with net income soaring by 57% to $151.9 million and earnings per share rising 63% to $1.24, driven by a 20% increase in home sales revenues to $1.7 billion. The company signed net contracts valued at $3.0 billion, a 19% increase, and backlog surged 45% to a record $10.8 billion. Adjusted gross margins improved to 25.6%, and the company reaffirmed its full-year projections for 20% growth in home sales revenues and a gross margin of approximately 27.5% amidst ongoing supply chain challenges.