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.
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Toll Brothers (NYSE:TOL) has opened a new Design Studio in Folsom, California, specifically for the greater Sacramento market. This 4,000-square-foot facility offers home buyers a retail-like experience with luxury interior design options from top brands. It aims to enhance the home buying experience by allowing customization of new homes with structural and design options. This opening supports the company’s growth as it currently operates 35 Design Studios across the U.S., catering to various buyer needs in the luxury home market.
Toll Brothers, a leading luxury home builder, announced the upcoming launch of Park 108, a new community in Decatur, Georgia. This exclusive development will feature 33 condominiums with 1-2 bedrooms, offering luxurious living spaces ranging from 504 to 1,364 square feet. Park 108's strategic location provides easy access to local amenities and historic charm. Jonathan Carter, Division President, emphasized the preservation of the building’s historic character. Toll Brothers continues to enhance its portfolio with significant developments in key urban areas.
Toll Brothers, Inc. (NYSE:TOL) has announced that Derek T. Kan has joined its Board of Directors. Kan, aged 43, brings extensive experience from both the private sector and federal government, including roles as Deputy Director of the White House Office of Management and Budget and Under Secretary at the U.S. Department of Transportation. CEO Douglas C. Yearley, Jr. expressed excitement about Kan's insights into technology and innovation, emphasizing that recent board additions enhance diversity and strengthen the company's leadership as it pursues growth strategies.
Toll Brothers (NYSE:TOL) announced a quarterly cash dividend of $0.17 per share, payable on January 21, 2022, to shareholders of record as of January 7, 2022. This marks the company's ongoing commitment to returning value to its shareholders.
As the leading builder of luxury homes in the U.S., Toll Brothers continues to strengthen its position in the market. The company operates in 24 states and has been recognized as one of FORTUNE's Most Admired Companies for ten consecutive years.
Toll Brothers, Inc. (NYSE:TOL) reported strong fourth quarter and fiscal year results for FY 2021, ending October 31. Net income rose significantly to $374.3 million ($3.02/share), up from $199.3 million ($1.55/share) in Q4 FY 2020. Home sales revenues reached $2.95 billion, an 18% increase year-over-year. The company also saw a backlog value of $9.50 billion, highlighting a 49% growth. Full-year net income was $833.6 million ($6.63/share), reflecting a 44% increase in signed contracts. Despite challenges from supply chain issues, Toll Brothers projects 20% revenue growth for FY 2022.
Toll Brothers has announced the upcoming launch of Eloise at Grant Park, a luxury community in Atlanta featuring 12 townhomes and 18 stacked flats. Located near Grant Park, the development offers 3-bedroom townhomes starting in the low $500,000s and 2-bedroom flats starting in the upper $200,000s. The community emphasizes luxury urban living with personalized designs and modern amenities. This project reinforces Toll Brothers' reputation as a leading luxury home builder.
Toll Brothers has announced the opening of Beckham Place at Morningside in Atlanta, a luxury home community offering 60 new townhomes featuring 3 to 4 bedrooms and ranging from 1,768 to over 2,044 square feet. Prices start in the mid-$600,000s. Located in the desirable Morningside-Lenox Park neighborhood, the community includes amenities like a swimming pool and green space, and is close to Piedmont Park and local shops. The onsite Sales Center will open in December, providing potential buyers an opportunity to explore this upscale living environment.
Toll Brothers has announced its new Shores at RiverTown community in St. Johns County, featuring luxury single-family homes and townhomes. This master-planned community, located at Longleaf Pine Parkway and Greenbriar Road, will include homes ranging from 1,600 to over 3,300 square feet, with prices starting in the $400,000s. Homes will feature smart technology and access to optional boat slips. Residents will enjoy numerous amenities, including a clubhouse, pools, and a fitness center. Toll Brothers continues to solidify its position as the leading builder of luxury homes in the U.S.
Toll Brothers, a leading luxury home builder, will host a live conference call on December 8, 2021, at 8:30 a.m. ET to discuss its fourth quarter and full fiscal year results for 2021, which will be released after market close on December 7, 2021. The call will be led by CEO Douglas C. Yearley, Jr. Investors can access it via the Investor Relations section on TollBrothers.com. The company has been recognized for its quality and is listed on the New York Stock Exchange under the ticker TOL.