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Toll Brothers Announces Opening of Townes at Main Street Community in North Brunswick, New Jersey
Globenewswire· 2026-03-23 18:05
New luxury townhome community offers walkability to shopping and dining and convenient access to major commuter routesNORTH BRUNSWICK, N.J., March 23, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest luxury townhome community, Townes at Main Street, is now open in North Brunswick, New Jersey. Located at 311 Grand Ave in North Brunswick, this new community features thoughtfully designed homes and an ideal location within walking ...
Toll Brothers Announces Town Lake at Flower Mound Now Open in Flower Mound, Texas
Globenewswire· 2026-03-20 14:15
Luxury homes represent final phase of construction in sought-after communityFLOWER MOUND, Texas, March 20, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its final phase of luxury homes is now open in Town Lake at Flower Mound, a sought-after community in Flower Mound, Texas. The model home is currently under construction and the community is selling from the Company’s nearby Oakbridge Crossing community at 1209 Valkyrie Sky Road in Flo ...
Toll Brothers Opens New Model Home at Regency at Ten Trails in Black Diamond, Washington
Globenewswire· 2026-03-19 19:55
Core Insights - Toll Brothers, Inc. has unveiled the Estelle model home at its Regency at Ten Trails community, showcasing a serene cottage farmhouse design aimed at the 55+ active-adult market [1][3][5] Group 1: Model Home and Design - The Estelle model home features a design with blonde woods, inviting furnishings in linen and soft off-whites, and subtle sage green accents, reflecting the sophistication of the Regency community [3] - This three-bedroom home includes thoughtful details that cater to modern lifestyles while maintaining a charming aesthetic [3] Group 2: Community Features - Regency at Ten Trails offers luxury single-story homes priced from the mid-$600,000s, with home designs featuring 2 to 3 bedrooms, 2 to 3 baths, and 2- to 3-car garages, encompassing approximately 1,340 to 2,200 square feet [4] - Homeowners have access to a 10,000-square-foot amenity center that includes an indoor pool, fitness center, club lounge, and various sports courts, along with scenic views of Mount Rainier [7] Group 3: Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and has been named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies [10][11] - The company operates in over 60 markets across the United States, catering to various buyer segments including first-time, move-up, active-adult, and second-home buyers [10]
Why Is Toll Brothers (TOL) Down 14.4% Since Last Earnings Report?
ZACKS· 2026-03-19 16:36
Core Viewpoint - Toll Brothers has reported strong first-quarter fiscal 2026 results, with earnings and revenues exceeding estimates, but faces challenges from macroeconomic factors and a decline in home sales gross margins [2][4]. Financial Performance - Adjusted earnings per share (EPS) for Q1 fiscal 2026 were $2.19, surpassing the Zacks Consensus Estimate of $2.05 by 6.8% and increasing 25.1% year-over-year [5]. - Total revenues reached $2.15 billion, exceeding the consensus mark of $1.84 billion and reflecting a 15.4% year-over-year increase [5]. Sales and Deliveries - Home sales revenues increased by 0.5% year-over-year to $1.85 billion, while home deliveries decreased by 4.6% to 1,899 units [6]. - The average selling price (ASP) of homes delivered was $976,800, up 5.6% from $924,600 in the previous year [6]. Contracts and Backlog - Net-signed contracts totaled 2,303 units, slightly down from 2,307 units year-over-year, but the value of these contracts rose to $2.38 billion from $2.31 billion [7]. - The backlog at the end of Q1 was 5,051 homes, a 20% decrease year-over-year, with potential revenues from the backlog declining 13.3% to $6.02 billion [7]. Margins and Expenses - The cancellation rate for signed contracts was 5.4%, down from 5.8% in the prior year [8]. - Adjusted home sales gross margin was 24.8%, a contraction of 20 basis points, while SG&A expenses as a percentage of home sales revenues increased to 13.9% from 13.1% [8]. Balance Sheet and Cash Flow - Cash and cash equivalents stood at $1.2 billion, down from $1.26 billion at the end of fiscal 2025, with a debt-to-capital ratio decreasing to 24.4% [9]. - The company repurchased approximately 0.3 million shares for a total of $50.5 million during the first quarter [9]. Guidance - For Q2 fiscal 2026, Toll Brothers expects home deliveries between 2,400-2,500 units at an average price of $975,000-$985,000 [11]. - For fiscal 2026, home deliveries are anticipated to be in the range of 10,300-10,700 units, reflecting a decline from 11,292 in fiscal 2025 [13]. Estimate Trends - There has been a downward trend in estimates, with the consensus estimate shifting down by 14.57% [15]. VGM Scores - Toll Brothers currently has a subpar Growth Score of D and a Momentum Score of F, but a grade of B on the value side, resulting in an aggregate VGM Score of D [16]. Outlook - Estimates for Toll Brothers have been trending downward, and the company holds a Zacks Rank 3 (Hold), indicating an expectation of in-line returns in the coming months [17].
Iron Branch by Toll Brothers is Now Open in St. Augustine, Florida
Globenewswire· 2026-03-19 15:50
ST. AUGUSTINE, Fla., March 19, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of Iron Branch, a new gated luxury home community featuring stunning home designs on expansive 1.5-acre home sites in St. Augustine, Florida. The Sales Center and professionally decorated model home are now open at 346 Richland Manor Road in St. Augustine. The public is invited to attend the Grand Opening event to be held at the community on ...
Crestline at Brushy Creek by Toll Brothers Now Open in Cedar Park, Texas
Globenewswire· 2026-03-19 15:22
Core Insights - Toll Brothers, Inc. has launched a new luxury home community named Crestline at Brushy Creek in Cedar Park, Texas, featuring modern home designs and personalization options [1][6] Group 1: Community Features - Crestline at Brushy Creek offers 12 home designs, including one- and two-story floor plans ranging from 2,800 to over 4,700 square feet, with homes situated on 60- and 70-foot-wide lots [3] - The homes include 3 to 6 bedrooms and 2.5 to 5.5 bathrooms, with pricing starting from the mid-$900,000s [3] Group 2: Amenities and Location - The community will feature resort-style amenities such as a pool with cabanas, a pavilion, and a playground, enhancing the natural beauty of the area [4] - Residents will have access to Brushy Creek Lake Park, Champion Park Playground, Olson Meadows Park, and Avery Ranch Golf Club, along with direct access to the Brushy Creek Regional Trail [4] Group 3: Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across the United States [10] - The company has been named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies for the ninth consecutive year [11]
Toll Brothers Announces New 55+ Luxury Home Community Coming Soon to Mount Pleasant, New York
Globenewswire· 2026-03-18 19:16
Core Insights - Toll Brothers, Inc. is launching a new 55+ active-adult community named Regency at Kensico Ridge in Westchester County, New York, featuring low-maintenance, resort-style living [1][8] Group 1: Community Features - The community will offer carriage-style townhomes with modern, open floor plans, including first-floor primary bedroom suites, full basements, and outdoor living spaces [3] - Homes will range from 2 to 3 bedrooms and 2 to 3.5 bathrooms, with pricing expected to start from $1 million [3] - Exclusive amenities will include a 3,200-square-foot clubhouse, outdoor heated pool, fitness center, pickleball courts, bocce courts, and a pavilion [5] Group 2: Location and Accessibility - Regency at Kensico Ridge is strategically located near major commuter routes, providing easy access to shopping, dining, and entertainment in nearby areas such as Armonk, White Plains, and Thornwood [6] - Residents will have access to recreational opportunities at Kensico Dam Plaza, Rockefeller State Park Preserve, Rye Lake, and Knollwood Country Club [6] Group 3: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [9] - The company operates in over 60 markets across the United States, catering to various buyer segments including first-time, move-up, active-adult, and second-home buyers [9] - Toll Brothers has received multiple accolades, including being named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies® [10]
Toll Brothers Opens New Collections and Model Homes at Santa Rita Ranch in Liberty Hill, Texas
Globenewswire· 2026-03-18 17:33
Three new home collections and model homes now available in the award-winning Santa Rita Ranch master planLIBERTY HILL, Texas, March 18, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, is now offering three new home collections within the Eldorado village of the award-winning Santa Rita Ranch master-planned community near Austin, Texas. Additionally, three stunning new model homes are now open for tours at 131 Modello Way, 132 Modello Way, and 136 Model ...
Toll Brothers Unveils Two Brand-New Home Designs at Cross Kirkland Towns in Kirkland, Washington
Globenewswire· 2026-03-13 17:45
Core Insights - Toll Brothers, Inc. has launched two new luxury home designs, Curlew and Grayland, at Cross Kirkland Towns, enhancing the community's offerings with features that promote indoor/outdoor living [1][6] - The new townhomes are designed with modern architecture and high-end finishes, catering to the luxury market with prices starting from $1.2 million [2][6] Group 1: Product Offerings - The new townhomes at Cross Kirkland Towns range from 1,904 to 2,421 square feet, featuring four bedrooms, 3.5 baths, and a two-car garage [2] - Unique design elements include covered patios that open to fenced rear yards, private first-floor bedrooms with full bathrooms, and flexible spaces suitable for home offices [2][6] Group 2: Community Features - Residents benefit from direct access to the Cross Kirkland Corridor, a 42-mile trail system that supports both recreational and commuting activities [3] - Community amenities include a pickleball court, dog park, children's playground, and pedestrian paths, promoting an active lifestyle [3] Group 3: Company Background - Toll Brothers is recognized as the leading builder of luxury homes in the U.S., with a history dating back to 1967 and a public listing since 1986 [8] - The company operates in over 60 markets and offers a range of services including architectural, engineering, and mortgage solutions [8] Group 4: Recognition and Awards - Toll Brothers has been named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies for the ninth consecutive year [9]
Toll Brothers Announces Final Opportunity to Purchase Model Homes at The Evergreens at The Meadows in Lake Forest, California
Globenewswire· 2026-03-13 15:40
Core Insights - Toll Brothers, Inc. announces the final opportunity to purchase new homes at The Evergreens at The Meadows, a luxury community in Lake Forest, California [1][6] - The model homes feature high-end designs and are fully decorated, providing a move-in-ready experience for buyers [3][6] Group 1: Property Details - The Evergreens at The Meadows offers three luxury home designs ranging from 3,400 to over 3,700 square feet, featuring 5 bedrooms and 5.5 bathrooms [3] - Model homes are priced starting from $3.5 million and are set for delivery in June 2026 [3] Group 2: Community Features - The Meadows community includes resort-style amenities such as a large recreation center, two pools, two spas, and multiple parks and sports facilities [4] - The community is designed for outdoor living, with over 10 acres of open space and trails connecting to the Serrano Creek regional trails system [4] Group 3: Company Background - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the U.S., founded in 1967 and publicly traded since 1986 [7] - The company operates in over 60 markets across the United States, catering to various buyer segments including first-time and active-adult buyers [7] Group 4: Industry Recognition - Toll Brothers has been recognized as the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies, marking the ninth consecutive year of this honor [8] - The company has also received accolades such as Builder of the Year from Builder magazine and is a two-time recipient of the same award from Professional Builder magazine [8]