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LGI Homes Introduces 17 New Floor Plans Across Minneapolis Area Communities
Globenewswire· 2025-08-14 22:00
Core Insights - LGI Homes, Inc. has introduced 17 new floor plans across four communities in the Minneapolis area, enhancing options for homebuyers with modern features and spacious layouts [1][2][4] Product Offerings - The new floor plans include a variety of designs, with ten new plans at Cambridge Cove, featuring both two-story and single-story options ranging from approximately 1,100 to over 2,400 square feet [2] - The Rachel plan at Triplett Farms is highlighted as the largest option available, accommodating five bedrooms and three bathrooms, suitable for growing or multigenerational families [2] - At Parkside, the Becker townhome is introduced as the smallest floor plan, ideal for first-time buyers or those looking to downsize [3] - Meadows North now offers multiple townhome plans, including Becker, Fox, Hubert, and Mays, with two to four bedrooms and upgraded finishes [3] - Triplett Farms features six new plans, including the Rachel, Floyd, Hancock, Henderson, Madden, and Olson, with two to five bedrooms and chef-ready kitchens [4] Value Proposition - Each new home includes the CompleteHome™ package, which encompasses stainless steel appliances, quartz countertops, designer cabinetry, and energy-efficient features, all included in the purchase price [5] - Homes are move-in ready with pricing starting in the $280s, providing quick access to schools, shopping, parks, and commuter routes [6] Company Overview - LGI Homes is recognized as a pioneer in the homebuilding industry, operating in 36 markets across 21 states and has closed over 75,000 homes since its founding in 2003 [8] - The company has consistently delivered profitable financial results and has received national recognition for quality construction and customer service [8]
Toll Brothers Announces Breton Hill Community Coming Soon to Bucks County, Pennsylvania
Globenewswire· 2025-08-14 20:24
Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Breton Hill in Warwick Township, Pennsylvania, expected to open for sale in late 2025 [1][2][4] Company Overview - Toll Brothers 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 [8][9] - 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 [8] Community Details - Breton Hill will consist of only 13 single-family homes, with sizes ranging from 3,677 to over 5,210 square feet, featuring 4 to 6 bedrooms and 3.5 to 6.5 bathrooms [2][4] - Home sites will range from half an acre to one acre, with pricing anticipated to start at $1.6 million [2][4] - The community is located near shopping, dining, and major commuter routes, enhancing its appeal [6] Design and Personalization - The homes will feature modern, open-concept designs with options for personalization through the Toll Brothers Design Studio [2][5] - Customers will have access to a state-of-the-art Design Studio to select various home features with professional assistance [5] Market Position and Recognition - Toll Brothers has been recognized as one of Fortune magazine's World's Most Admired Companies for over 10 years and has received multiple awards for its excellence in home building [9]
Toll Brothers Announces Opening of New Model Homes at Carrara Estates in Eagle, Idaho
Globenewswire· 2025-08-14 17:46
EAGLE, Idaho, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of its model homes at Carrara Estates, a new luxury home community within walking distance of downtown Eagle, Idaho. The Sales Center and professionally decorated model homes are now open for tours at 667 East Peak Bello St. in Eagle. The luxury single-family homes at Carrara Estates are situated on expansive estate-sized home sites, inc ...
Century Communities Announces Return to Popular McCormick Development in Port Orchard, WA
Prnewswire· 2025-08-14 17:35
Group 1 - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's Most Trustworthy Companies for three consecutive years [4] - The company operates in 16 states and over 45 markets, providing a range of services including mortgage, title, insurance brokerage, and escrow through its subsidiaries [4] - The upcoming McCormick Trails development in Port Orchard, WA, features single- and two-story homes with modern amenities, including smart home technology and gourmet kitchens [6] Group 2 - A Grand Opening event for McCormick Trails is scheduled for August 16 and 17, featuring model tours and special offers [2] - The homes in McCormick Trails are priced from the $600s and offer various floor plans with 3 to 5 bedrooms and up to 2,949 square feet [3][6] - The development is strategically located near downtown Seattle, enhancing its appeal to potential homebuyers [6]
Insights Into Toll Brothers (TOL) Q3: Wall Street Projections for Key Metrics
ZACKS· 2025-08-14 14:16
Core Viewpoint - The upcoming earnings report for Toll Brothers is anticipated to show a slight decline in earnings per share while revenues are expected to increase year over year [1]. Financial Performance - Quarterly earnings are projected at $3.59 per share, reflecting a decrease of 0.3% compared to the previous year [1]. - Revenue estimates stand at $2.85 billion, indicating a year-over-year growth of 4.6% [1]. Analyst Estimates - Analysts predict 'Revenues- Home Sales' to reach $2.84 billion, a year-over-year increase of 4.4% [4]. - 'Revenues- Land Sales' are expected to be $16.34 million, showing a significant increase of 370.6% from the prior-year quarter [4]. - The estimated 'Closed/Delivered - Units' is 2,919, up from 2,814 in the same quarter last year [4]. Backlog and Pricing Metrics - 'Backlog - Units' is estimated at 5,795, down from 6,769 year-over-year [5]. - The 'Average delivered price (Total Average Price Per Unit)' is forecasted to be $973.32, compared to $968.20 in the same quarter last year [5]. - 'Net contracts - Units' are expected to be 2,651, an increase from 2,490 year-over-year [5]. Community and Backlog Insights - The 'Number of Selling Communities' is projected at 430, up from 404 in the same quarter last year [6]. - The 'Average Backlog Price' is expected to reach $1,125.97, compared to $1,044.00 in the previous year [6]. - 'Backlog - Value' is anticipated to be $6.44 billion, down from $7.07 billion year-over-year [7]. Gross Margin and Market Performance - The consensus estimate for 'Gross Margin- Home Sales' is $734.13 million, compared to $747.31 million in the same quarter last year [7]. - Over the past month, Toll Brothers shares have increased by 14.2%, outperforming the Zacks S&P 500 composite's 3.5% change [7].
Rate-Cut Bonanza Keeps Markets at Record Highs
ZACKS· 2025-08-13 23:41
Group 1 - Market participants are anticipating interest rate cuts, with expectations rising from zero cuts to 2-3 cuts for 2025, including a potential 50 basis-point cut [1] - Mortgage lenders like Rocket Companies (RKT) have seen a +7.4% increase, while homebuilders Pulte Home (PHM) and Lennar (LEN) are up +5%, indicating strong interest in the new interest rate environment [2] - The Russell 2000 index has increased by +4.3% over the past two sessions, benefiting small banks and insurance companies from lower interest rates [2] Group 2 - Cisco Systems (CSCO) reported fiscal Q4 earnings of 99 cents per share, exceeding the Zacks consensus by 2 cents and showing a +7.6% year-over-year revenue increase to $14.67 billion [3][4] - Cisco's guidance for the current quarter is slightly raised, with the high-end of the Q1 earnings range remaining flat at 99 cents per share, and shares are up +18.7% year to date [4] Group 3 - Upcoming economic indicators include Weekly Jobless Claims expected to remain below 230K and Continuing Claims anticipated to stay under 2 million [5] - The Producer Price Index (PPI) is projected to rise to +0.2% on the headline and +0.3% on the core, which are manageable increases for the market [6]
Century Communities Announces Quarterly Cash Dividend
Prnewswire· 2025-08-13 20:05
Group 1 - Century Communities, Inc. has declared a quarterly cash dividend of $0.29 per share, payable on September 10, 2025, to stockholders of record as of August 27, 2025 [1] - The company is recognized as one of the largest homebuilders in the U.S. and has been named one of America's Most Trustworthy Companies for three consecutive years [2] - Century Communities operates in 16 states and over 45 markets across the U.S., offering a range of services including mortgage, title, insurance brokerage, and escrow services [2] Group 2 - The company's mission is to build attractive, high-quality homes at affordable prices, aiming to provide customers with "A HOME FOR EVERY DREAM®" [2] - Century Communities has been designated as one of U.S. News & World Report's Best Companies to Work For for the years 2025-2026 [2] - The company engages in all aspects of homebuilding, including land acquisition, entitlement, development, construction, marketing, and sales [2]
Toll Brothers Announces New Luxury Home Community Coming Soon to Briggs Ranch in San Antonio, Texas
Globenewswire· 2025-08-13 19:16
Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at Briggs Ranch in San Antonio, Texas, with sales expected to begin in fall 2025 [1][2] Group 1: Community Details - The new community will feature modern single-family homes on 50-foot-wide lots, with floor plans ranging from 1,913 to 3,116 square feet [2][4] - Home designs will include options for 3 to 5 bedrooms and 2 to 4.5 baths, with pricing anticipated to start from the mid-$400,000s [2][4] - The community will offer various amenities such as parks, walking trails, and an amenity center, providing a tranquil living environment [4] Group 2: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and has been in operation for 58 years, becoming a public company in 1986 [6][8] - The company operates in over 60 markets across 24 states and offers a range of services including architectural, engineering, and mortgage operations [7] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [8]
Toll Brothers Announces Final Opportunity to Own a New Luxury Home at Parklynn Hills Community in Fountain Inn, South Carolina
GlobeNewswire· 2025-08-13 18:12
Core Insights - Toll Brothers, Inc. announces the final opportunity to purchase homes in the Parklynn Hills community, with only three homes remaining for sale [1][2] Group 1: Company Overview - Toll Brothers, Inc. is the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [7] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of home designs for different buyer segments [7] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [8] Group 2: Community Features - Parklynn Hills is located between Simpsonville and Fountain Inn, designed for luxury living with one- and two-story home options [2] - Homes in the community are priced from the upper $500,000s and include features such as 4 to 5 bedrooms and 3.5 to 4.5 baths [2] - The community offers easy access to top-rated schools and recreational amenities, enhancing its appeal to potential buyers [4] Group 3: Sales Information - Quick move-in homes are available for delivery as early as fall, with one move-in ready home currently available [2] - Interested home shoppers can visit the offsite Sales Center in Simpsonville for more information [5]
Toll Brothers Opens Enclave at Sprain Brook Luxury Townhome Community in Yonkers, New York
Globenewswire· 2025-08-13 14:15
YONKERS, N.Y., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest townhome community, Enclave at Sprain Brook, is now open for sale in Yonkers, New York. Situated just 17 miles from Manhattan, this intimate community of only 28 homes offers a suburban lifestyle with easy access to New York City. Located off Sprain Brook Parkway and minutes from the Yonkers Metro–North Railroad Station, Enclave at Sprain Brook features tw ...