Toll Brothers Grand Opens Two Collections of Single-Family Homes at The Crossing at Coal Mountain in Cumming, Georgia

Toll Brothers (NYSE:TOL) opened two single-family collections — the Heartland and Magnolia — plus three model homes at The Crossing at Coal Mountain in Cumming, Georgia, on March 10, 2026.

Rhea-AI Summary

Toll Brothers (NYSE:TOL) opened two single-family collections — the Heartland and Magnolia — plus three model homes at The Crossing at Coal Mountain in Cumming, Georgia, on March 10, 2026. Homes range from the mid-$600,000s (Heartland) to the mid-$700,000s (Magnolia).

Community features include resort-style amenities, a design studio, assigned Forsyth County schools, and future townhome collections expected to open for sale in late spring.

Argus Mar 10 session

-1.01% close to close Open Argus

Details

News Market Reaction – TOL

On Mar 10, the day this news came out, TOL closed 1.01% below the previous close.

Data tracked by StockTitan Argus for the Mar 10 session.

Market Context

This announcement adds another luxury community to Toll Brothers’ expanding footprint, introducing n...

Analysis

This announcement adds another luxury community to Toll Brothers’ expanding footprint, introducing new single-family home collections in Georgia with design personalization and resort-style amenities. It follows a series of similar community launches and comes on top of quarterly revenue of $2.15 billion and net income of $210.9 million. Investors may watch how these openings translate into backlog, deliveries, and margins in upcoming reports.

Key Figures

Quarterly revenue: $2.15 billion Net income: $210.9 million Basic EPS: $2.20 +5 more

Quarterly revenue

$2.15 billion

Latest 10-Q, up from $1.86 billion year earlier

Net income

$210.9 million

Latest quarter, up from $177.7 million prior year

Basic EPS

$2.20

Latest quarter, up from $1.76 a year earlier

Home sales revenue

$1.85 billion

Latest quarter on 1,899 deliveries

Avg delivered price

$977,000

Average home price, up 6% year over year

Backlog value

$6.02 billion

Backlog covering 5,051 homes in latest 10-Q

Cash balance

$1.20 billion

Quarter-end cash as per latest 10-Q

Net debt-to-capital

14.2%

Leverage ratio at quarter end from 8-K

Historical Context

5 past events · Latest: Mar 09

5 events

1. Mar 09

   Community opening

   24h Move

   -0.4%

   Opened Linden Ridge, 26 luxury single-family homes in Pennsylvania.

2. Mar 06

   New community

   24h Move

   -1.3%

   Announced 43 luxury coastal townhomes coming to Redondo Beach.

3. Mar 06

   New community

   24h Move

   -1.3%

   Announced Piney Trail Estates luxury-home community in Parker, Colorado.

4. Mar 05

   New community

   24h Move

   -1.3%

   Announced Liberty Ridge community near Las Vegas with two collections.

5. Mar 04

   New community

   24h Move

   -0.1%

   Announced Oakhill Reserve community in Tomball, Texas with resort amenities.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

volume-weighted average price, revolving credit facility, term loan, net debt-to-capital ratio, +1 more

5 terms

volume-weighted average price financial

"sold 2,313 common shares in an open-market transaction at a volume-weighted average price"

Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.

revolving credit facility financial

"available under its revolving credit facility, which, along with the term loan, had maturities"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

term loan financial

"revolving credit facility, which, along with the term loan, had maturities extended"

A term loan is a type of loan that is borrowed for a set period of time, with a fixed schedule for repaying the money, usually in regular payments. It matters to investors because it represents a company's borrowing costs and financial stability; reliable repayment of these loans can indicate strong financial health, while difficulties may signal potential risks.

net debt-to-capital ratio financial

"and a net debt-to-capital ratio of 14.2%, while maintaining full-year 2026 guidance"

Net debt-to-capital ratio measures how much of a company’s long-term funding comes from borrowed money after subtracting cash on hand, compared with the total of that net debt plus the owners’ stake. Think of it like comparing your mortgage (minus your savings) to the combined value of your mortgage and your home equity; it tells investors how leveraged the business is and how much financial risk or room to borrow it may have.

restricted stock unit financial

"She also holds several restricted stock unit (RSU) awards that convert into common stock"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CUMMING, Ga., March 10, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of Toll Brothers at the Crossing at Coal Mountain, in Forsyth County, Georgia. The first two collections of single-family homes, the Heartland and Magnolia Collections, along with the Tearose, Sweetwater, and Willowbrook model homes are now open at 3505 Settingdown Road in Cumming. Two additional townhome collections in the community are anticipated to open for sale in late Spring.

Toll Brothers at The Crossing at Coal Mountain will feature four distinctive collections of elegant single-family homes and future townhomes to complement a variety of lifestyles. The Heartland Collection features elegant single-family homes with 3 to 4 spacious bedrooms, 2.5 to 3.5 bathrooms, outdoor living spaces, and optional lofts and flex rooms. Homes in the Heartland collection are priced from the mid-$600,000s. The Magnolia Collection offers stunning single-family home designs with 4 to 5 bedrooms, 2 to 5.5 bathrooms, and beautiful outdoor living spaces from the mid-$700,000s.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

“We are excited to introduce the Heartland and Magnolia Collections at Toll Brothers at The Crossing at Coal Mountain,” said Eric White, Division President of Toll Brothers in Georgia. “These new collections offer a variety of single-family home designs with an array of personalization options, allowing home shoppers to truly create their dream home in a community that will offer exceptional amenities, dining and retail, and a vibrant lifestyle.”

With incredible onsite resort-style amenities, residents can enjoy relaxing by the pool, gathering with friends and neighbors at the clubhouse, playing pickleball, and more. Assigned to highly rated Forsyth County Schools, the community is just minutes from every convenience and nestled within The Crossing at Coal Mountain’s vibrant future shopping, dining, and entertainment.

For more information on Toll Brothers at The Crossing at Coal Mountain, call 888-686-5542 or visit TollBrothers.com/GA.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/32ca18d7-013d-4ff9-8470-b2bb19f5e690

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/84470894-f60e-494f-b424-01778746e413

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Toll Brothers (TOL) announce on March 10, 2026 about The Crossing at Coal Mountain?

They announced the grand opening of Heartland and Magnolia collections and three model homes at the Cumming community. According to the company, two townhome collections are expected to open for sale in late spring, with on-site amenities and a Toll Brothers Design Studio.

What are the starting prices for homes at Toll Brothers The Crossing at Coal Mountain (TOL)?

Heartland homes start from the mid-$600,000s and Magnolia homes from the mid-$700,000s. According to the company, Heartland offers 3–4 bedrooms while Magnolia offers 4–5 bedrooms, with a range of bath counts and outdoor living options.

What floorplans and features are available in the Heartland and Magnolia collections at TOL's Cumming community?

Heartland offers 3–4 bedrooms, 2.5–3.5 bathrooms, and optional lofts and flex rooms; Magnolia offers 4–5 bedrooms and 2–5.5 bathrooms. According to the company, both collections include outdoor living spaces and personalization options via the Design Studio.

What amenities and local benefits does Toll Brothers at The Crossing at Coal Mountain offer to residents?

Residents can access resort-style amenities like a pool, clubhouse, and pickleball courts, plus nearby dining and retail. According to the company, the community is assigned to highly rated Forsyth County Schools and is minutes from local conveniences.

How can prospective buyers contact Toll Brothers about homes at The Crossing at Coal Mountain (TOL)?

Buyers can call 888-686-5542 or visit TollBrothers.com/GA for information and appointments. According to the company, the Design Studio on-site provides one-stop personalization with professional Design Consultants to help buyers customize homes.