Toll Brothers(TOL)
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Toll Brothers Announces Model Homes Released for Sale at Borello Ranch Estates in Morgan Hill, California
Globenewswire· 2025-09-11 19:19
Core Insights - Toll Brothers, Inc. announces the final opportunity to purchase new homes at Borello Ranch Estates, an exclusive gated community in Morgan Hill, California [1][2] - The community features two professionally decorated model homes available for sale, with a special event scheduled for September 13 to celebrate their release [1][2] Company Overview - Toll Brothers is the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [11] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of home types for different buyer segments [11] Product Offering - Borello Ranch Estates features single- and two-story estate-sized homes with 4 to 5 bedrooms and 4.5 to 5.5 bathrooms, on home sites exceeding 24,000 square feet [5] - Homes range from 3,500 to over 6,000 square feet, with pricing starting at approximately $2.9 million [5] Community Amenities - The community includes a resort-style recreation center with various amenities such as a junior Olympic-sized pool, spa, barbecue areas, and sports courts [8] - It is located in a serene environment surrounded by rolling hills, while being conveniently close to major employers and local shopping [9] Customer Experience - Toll Brothers offers a state-of-the-art Design Studio for home shoppers to personalize their homes with professional design consultants [7] - Quick move-in homes with designer features are also available for sale with delivery dates later this fall [4]
Toll Brothers Announces Final Opportunity at Solstice at Wellen Park in Venice, Florida
Globenewswire· 2025-09-11 19:10
Core Insights - Toll Brothers, Inc. announces the final opportunity to purchase luxury homes at Solstice at Wellen Park in Venice, Florida, with limited availability across three collections [1][7] Summary by Sections Company Overview - Toll Brothers, Inc. is 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 24 states and the District of Columbia, offering a variety of home types for different buyer segments [9] Product Offerings - Solstice at Wellen Park features three collections: - Sunrise Collection: 6 homes remaining, low-maintenance attached villa homes ranging from 1,600 to over 1,800 square feet with smart home features [3][4] - Sunbeam Collection: 9 homes remaining, single-family homes from 1,917 to over 3,123 square feet with open floor plans [3][4] - Summit Collection: 1 home remaining, offering 4 bedrooms and 2,412 square feet of luxury living space [1][4] Pricing and Availability - Homes at Solstice at Wellen Park are priced from the low $400,000s, indicating a competitive entry point for luxury homes in the area [3] Community Amenities - The community includes a resort-style amenity center with a swimming pool, tennis and pickleball courts, fitness center, and social spaces [5] - Located near A-rated Sarasota County schools and the under-construction Downtown Wellen District, which will feature retail shops, dining, and recreational facilities [5][6] Accessibility - The community offers easy access to major highways, facilitating travel to renowned beaches and downtown areas [6] Customer Experience - Toll Brothers provides a state-of-the-art Design Studio for home personalization, allowing customers to select features for their new homes [7]
Toll Brothers Opens New Phase of Home Sites in Shavano Highlands Community in San Antonio, Texas
Globenewswire· 2025-09-11 17:23
New luxury home community features 90-foot-wide home sites nestled in north central San AntonioSAN ANTONIO, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of a new phase of home sites at a new home community nestled in the Shavano Park area of San Antonio, Texas. Shavano Highlands offers luxury single-family homes on 90-foot-wide home sites with access to the Salado Creek Greenway hiking and biking trails. Shavano ...
Toll Brothers Announces New Quilici Master-Planned Community Now Open for Sale in Reno, Nevada
Globenewswire· 2025-09-10 19:50
RENO, Nev., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced that the first new home collections are now open for sale at its highly anticipated Quilici master-planned community in Reno, Nevada. The Quilici - Palovista Collection and Quilici - Treeside Collection offer luxury one- and two-story single-family homes with stunning architecture and exceptional personalization options, as well as future onsite amenities. Home shopper ...
Toll Brothers Announces Groundbreaking of New Luxury Home Community Coming Soon to Parkland, Florida
Globenewswire· 2025-09-10 17:03
Core Insights - Toll Brothers, Inc. has announced the groundbreaking of its new luxury home community, Saltgrass at Heron Bay, in Parkland, Florida, with sales expected to begin in spring 2026 [1][2] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across 24 states, including Florida [5] - The company was founded in 1967 and became publicly traded in 1986, listed on the New York Stock Exchange under the symbol "TOL" [5] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years and receiving the Builder of the Year award from Builder magazine [6] Project Details - Saltgrass at Heron Bay will consist of 52 single-family homes, with sizes ranging from 2,635 to over 4,600 square feet, and prices starting from $1.6 million [2] - The community will feature luxurious homes, expansive home sites, and resort-style amenities, including clubhouses, fitness centers, and a swimming pool [3] - Residents will have access to public beach areas, dining, shopping, and highly rated schools in the Broward County Public Schools district [3]
Toll Brothers Up 29% in 3 Months: How Should You Play the Stock Now?
ZACKS· 2025-09-10 15:11
Core Viewpoint - Toll Brothers, Inc. has experienced a significant stock rally, outperforming both its peers and the broader market, driven by strong fundamentals in the luxury homebuilding segment and effective operational strategies [1][5][21] Performance Overview - The stock has risen 29.3% over the past three months, exceeding the gains of the Zacks Building Products – Home Builders industry (27.9%), the Zacks Construction sector (11.3%), and the S&P 500 (8.6%) [1] - As of September 9, 2025, the stock price is $144.82, which is 14.6% below its 52-week high of $169.52 but represents a 67.1% premium to its 52-week low of $86.67 [2] Technical Analysis - The stock's current price is above both its 50-day simple moving average (SMA) of $127.43 and its 200-day SMA of $120.02, indicating a bullish trend [3] - Recent trading volume has been strong, with over 2.3 million shares traded, suggesting institutional interest [3] Driving Factors - Toll Brothers has a strong position in the luxury homebuilding market, with an average selling price (ASP) of $974,000 and a backlog averaging $1.16 million per home, indicating customer willingness to pay premiums [6][7] - The company has a robust land pipeline with 76,800 lots, 57% of which are controlled, and plans to increase its community count from 420 to 440-450 by year-end [7] - A balanced approach of 50% spec homes and 50% build-to-order homes has provided strategic flexibility and contributed to an adjusted gross margin of 27.5% in Q3 [8][9] Financial Strength - Toll Brothers ended Q3 with $852 million in cash and a net debt-to-capital ratio of 19.3%, highlighting its strong financial position [10] - The company returned $226 million to shareholders through dividends and buybacks and plans to repurchase $600 million of stock in fiscal 2025 [10] Challenges - Despite record revenues, net contracts fell 4% year-over-year, indicating a softer housing market [11] - Incentives for new contracts have increased to an average of 8%, reflecting pressure on margins [13] - Gross margins have decreased from 28.8% to 27.5%, influenced by higher incentives and market pressures [14] Market Conditions - Elevated mortgage rates around 6.5% continue to constrain affordability for many buyers, impacting sales decisions [16] - Broader economic uncertainty and inflationary pressures may affect consumer sentiment and demand [16] Valuation - Toll Brothers is trading at a forward 12-month P/E of 10.34X, below the industry average of 13.35X, suggesting it is undervalued relative to peers [18][19] - The stock's current pricing indicates potential for upside if fundamentals remain strong [18] Conclusion - Toll Brothers has shown strong performance driven by luxury market strength and operational efficiency, but faces challenges from softer sales volumes and margin pressures [21] - The company remains a stable investment within the homebuilder sector, with a Zacks Rank 3 (Hold), and should be monitored for future demand trends [21]
Toll Brothers Campus Living Announces the Opening of Aperture, a New Student Apartment Community in Orlando, Florida
Globenewswire· 2025-09-09 19:13
New luxury community offers 204 fully furnished student residences, upscale amenities, and easy access to the University of Central Florida campusORLANDO, Fla., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Toll Brothers Campus Living, a division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner The Davis Companies today announced the opening of Aperture, an elevated student apartment community in Orlando, Florida. Strategically located near the University of C ...
TOL's Margins Under Pressure: Will Incentives Weigh on Earnings Ahead?
ZACKS· 2025-09-08 14:30
Key Takeaways Toll Brothers' Q3 adjusted home sales gross margin fell 130 bps year over year to 27.5%.Incentives, especially on spec homes, are pressuring margins while aiding sales volumes.Backlog revenues dropped 10% to $6.38B, though average sales price rose to $1.16M.Toll Brothers, Inc. (TOL) continues to navigate a complex housing market where affordability challenges, shifting buyer preferences and volatile mortgage rates are shaping demand. While the company benefits from a resilient luxury segment, ...
Toll Brothers Announces New Boxwood Community is Now Open in Collegeville, Pennsylvania
Globenewswire· 2025-09-05 17:12
Core Insights - Toll Brothers, Inc. has launched a new luxury home community named Boxwood in Collegeville, Pennsylvania, featuring 10 exclusive homes priced starting at $1 million [1][2]. Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and is a Fortune 500 Company, founded in 1967 and publicly traded since 1986 [5][6]. - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of housing options for different buyer segments [5][6]. Community Features - Boxwood consists of 4- to 5-bedroom single-family homes designed with modern living in mind, including open-concept floor plans and high-end personalization options [2][3]. - The community is located near Rambo Park, providing recreational amenities, and is served by the Perkiomen Valley School District, enhancing its appeal to families [3][4]. Accessibility and Convenience - The community offers easy access to major commuter routes, including the Pennsylvania Turnpike and Routes 202 and 422, facilitating convenient travel to shopping, dining, and entertainment [4][3]. Customer Experience - Toll Brothers provides a one-stop shopping experience at its Design Studio, allowing customers to personalize their homes with the help of professional Design Consultants [3][4]. - Quick move-in homes are available, catering to buyers looking for immediate occupancy [3].
Spec vs Build-to-Order: Which Model Will Define Toll Brothers' Future?
ZACKS· 2025-09-04 14:41
Core Insights - Toll Brothers, Inc. (TOL) is adapting its operating strategy to address challenges in the housing market, focusing on a mix of speculative construction and build-to-order homes to navigate affordability issues and changing buyer preferences [1][3] Group 1: Strategic Shift - Historically, Toll Brothers built only 10-15% of homes on a speculative basis, but this has increased to approximately 50% today, reflecting a shift in consumer demand, particularly from affluent millennials [2][9] - The company's speculative homes are designed with personalization options, combining efficiency with the luxury experience that defines its brand [2][3] Group 2: Operational Advantages - The increase in speculative homes allows Toll Brothers to reduce construction cycle times, enhance capital efficiency, and respond quickly to market demand, with 3,200 spec homes in process and 1,800 permits ready as of Q3 fiscal 2025 [3][4] - Build-to-order homes remain essential for maintaining margins, with some achieving margins over 30% [3][4] Group 3: Market Positioning - A sustainable mix of 40-60% speculative homes is anticipated, providing resilience in uncertain markets, with luxury average selling prices (ASPs) exceeding $1 million and a backlog priced at $1.16 million [4] - Compared to competitors like Lennar Corporation and D.R. Horton, Toll Brothers targets the luxury niche, where its curated spec homes complement traditional build-to-order offerings [5][6] Group 4: Financial Performance - Toll Brothers' shares have increased by 29.6% over the past three months, outperforming the Zacks Building Products - Home Builders industry and the broader S&P 500 [7] - The 2025 earnings per share (EPS) estimate has decreased to $13.86 from $13.95, with projected revenue growth of 0.2% [9][12] - The forward 12-month price-to-earnings ratio for TOL is currently 9.95, lower than the industry average of 12.44 [10][12]