Toll Brothers

Toll Brothers, Inc. engages in the design, building, marketing, and arranging of financing for detached and attached homes in residential communities. It operates through the following segments: Traditional Home Building and City Living. The Traditional Home Building segment builds and sells homes for detached and attached homes in luxury residential communities in affluent suburban markets and caters to move-up, empty-nester, active-adult, age-qualified, and second-home buyers. The City Living segment builds and sells homes in urban infill markets through Toll Brothers City Living. The company was founded by Robert I. Toll and Bruce E. Toll in May 1967 and is headquartered in Fort Washington, PA.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Toll Brothers surpasses Q1 expectations, focuses on core market growth

Toll Brothers showcased strong Q1 performance, exceeding guidance and maintaining profitability.
The company's strategic initiatives and focus on core markets position it well for growth.
Challenges in pricing and margins are being addressed, with opportunities for improvement.
Adapting to market conditions and buyer preferences will be key for future success.

Toll Brothers reports record Q2 earnings, eyes growth opportunities

Toll Brothers delivered exceptional financial results in Q2, showcasing strong revenue growth, margin improvement, and increased profitability.
The company's strategic initiatives to cater to diverse buyer segments, focus on spec home production, and disciplined land acquisitions position it well for future success.
While facing challenges related to market saturation and shifting buyer demographics, Toll Brothers has opportunities to drive growth through M&A, innovation, and market positioning.

Toll Brothers beats Q3 guidance, raises full-year outlook amid market shifts

Toll Brothers delivered a stellar Q3 performance, surpassing guidance and showcasing strength in backlog, demand, and operational efficiency. While facing challenges in pricing management and potential building closures, the company is well-positioned to capitalize on opportunities in the luxury home market.

Toll Brothers reports record earnings in Q4 2023, eyes sales strategies

Toll Brothers delivered strong financial performance in Q4 and full year 2023, driven by record revenues and home sales.
While facing challenges in rising SG&A expenses and land banking costs, the company aims for capital efficiency and profitability.
Opportunities lie in leveraging mortgage rate impacts, sales strategies, and market reach through realtor partnerships.
Overall, Toll Brothers' performance reflects resilience in a competitive market, with a focus on sustainable growth and profitability.

Toll Brothers beats Q1 expectations, sees growth in affordable luxury

Toll Brothers had a strong Q1 2024, surpassing expectations with robust sales and financial performance. Their strategic shift towards quick move-in homes is driving higher profitability and maintaining quality. Despite challenges in gross margin guidance, the company is well-positioned for growth with increased guidance and favorable market trends.

Toll Brothers reports record Q2 earnings, faces margin pressure

Toll Brothers' Q2 performance reflects strong sales, profitability, and market demand, positioning the company for continued growth. Margin challenges from spec homes necessitate cautious guidance, but opportunities in new deal structures and controlled lots offer long-term potential.

Toll Brothers excels in Q3 2024, anticipates strong financial performance

Toll Brothers demonstrated strong performance in Q3 2024, exceeding expectations in deliveries, revenues, and margins.
The company's focus on customer demand, operational efficiency, and financial strength positions it well for future growth and value creation.
While facing challenges from external factors, Toll Brothers remains optimistic and proactive in leveraging opportunities for sustained success.

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Toll Brothers, Inc. engages in the design, building, marketing, and arranging of financing for detached and attached homes in residential communities. It operates through the following geographical segments: North Region, Mid-Atlantic Region, South Region, Mountain Region, and Pacific Region. The company was founded by Robert I. Toll, and Bruce E. Toll in May 1967 and is headquartered in Fort Washington, PA.

FORT WASHINGTON, Pa., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation's leading builder of luxury homes, today announced results for its third quarter ended July 31, 2024.

Toll Brothers Reports FY 2024 3rd Quarter Results

Toll Brothers, Inc. TOL is expected to release earnings results for its third quarter, after the closing bell on Tuesday, Aug. 20.

Toll Brothers Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The Toll Brothers earnings report comes after a major shake-up for real estate industry.

Home Selling And Buying Set For Huge Makeover, With Toll Brothers On Deck

Move-in ready and quick move-in homes are now available in Regency at Babcock Ranch, a 55+ active-adult master-planned community in Punta Gorda, Florida.

Toll Brothers Offers Quick Move-in Homes at Regency at Babcock Ranch 55+ Community in Punta Gorda, Florida

Beyond analysts' top -and-bottom-line estimates for Toll Brothers (TOL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.

What Analyst Projections for Key Metrics Reveal About Toll Brothers (TOL) Q3 Earnings

Lennar

SPDR S&P Homebuilders ETF

The numbers: Builder confidence fell for the fourth month in a row in August, as elevated mortgage rates continue to spook home buyers.

One-third of home builders are slashing prices as confidence in the market falls to 8-month low

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, through its Toll Brothers City Living division, and Sculptor Real Estate, the real estate business of Sculptor Capital Management Inc. (“Sculptor”), are pleased to announce construction is complete and closings have commenced at 151 Bay Street in downtown Jersey City. Located in the Powerhouse Arts District, 151 Bay Street rises 34 stories and offers 259 luxury condominiums with a full complement of exceptional amenities.

Toll Brothers City Living and Sculptor Real Estate Announce Construction is Complete at 151 Bay Street in Jersey City as First Residents Take Occupancy

ASHBURN, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Avonmore, is coming soon to Ashburn, Virginia.

Toll Brothers Announces New Boutique Luxury Home Community Coming Soon to Ashburn, Virginia

FRISCO, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, in partnership with Equity Residential, is pleased to announce the opening of Remy. Located at 5775 Blairview Street in Frisco, Texas, this new community features 357 refined studio, one-, and two-bedroom apartment residences.

Toll Brothers Apartment Living Opens Remy, a New Luxury Apartment Community in Frisco, Texas

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Brokers Suggest Investing in Toll Brothers (TOL): Read This Before Placing a Bet

FORT WASHINGTON, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.TollBrothers.com, a conference call to discuss results for its third quarter ended July 31, 2024. The call is scheduled for 8:30 a.m. (ET) on Wednesday, August 21, 2024 and will be hosted by Douglas C. Yearley, Jr., chairman and chief executive officer. The Company will announce its third quarter FY 2024 results after the market close on Tuesday, August 20, 2024.

Toll Brothers' Website to Broadcast Its Third Quarter 2024 Earnings Conference Call Live on August 21, 2024 at 8:30 a.m. (ET)

Toll Brothers (TOL) concluded the recent trading session at $142.71, signifying a -0.27% move from its prior day's close.

Toll Brothers (TOL) Stock Sinks As Market Gains: Here's Why

Toll Brothers, Inc.'s business model benefits from the surge of millennial homebuyers. The lack of competition with large builders puts TOL in a strong market position. In my view, boomers making lifestyle changes could bring significant free cash flow acceleration.

Toll Brothers: Undervalued, And Luxury Home Builder

D.R. Horton

PulteGroup

Short sellers have targeted top home builders' stocks. But lower mortgage rates could spark further demand for new homes.

Housing Stocks Could Get Squeezed Even Higher, Thanks to Eventual Fed Rate Cuts

NORTH MYRTLE BEACH, S.C., July 30, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc.  (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest luxury community,  Hill Street Villas , is coming soon to North Myrtle Beach, South Carolina.

Toll Brothers New Luxury Home Community, Hill Street Villas, is Coming Soon to North Myrtle Beach, South Carolina

The latest trading day saw Toll Brothers (TOL) settling at $132.65, representing a +1.82% change from its previous close.

Toll Brothers (TOL) Advances While Market Declines: Some Information for Investors

WASHINGTON, July 24, 2024 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, today announced the signing of Gold's Gym as its first retail tenant at Vermeer, a luxury mixed-use multifamily community located at 113 Potomac Ave SW in Washington, D.C. Anticipated to open this winter, the community will feature 501 apartment residences, upscale amenities, expansive rooftop views, and approximately 37,000 square feet of ground-floor retail space.

Toll Brothers Apartment Living Signs Major Retail Lease at Vermeer, a Luxury Mixed-use Multifamily Community Opening in Washington, D.C.

SCOTTSDALE, Ariz., July 24, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, announced the opening of the Mountain House Lodge amenity center and Overnight Cottages at its Sereno Canyon community in Scottsdale, Arizona.

Toll Brothers Opens Mountain House Lodge and Overnight Cottages in its Award-winning Sereno Canyon Community in Scottsdale, Arizona

FREEHOLD, N.J., July 22, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the onsite community clubhouse and amenity center is now open in Regent Oaks at Freehold, a 55+ community for active adults in Freehold, New Jersey. Toll Brothers recently unveiled the community's 3,800 square-foot clubhouse featuring a relaxing lounge with fireplace, game room, fitness center, yoga room, outdoor pool, bocce courts, and more.

Toll Brothers Opens Brand-New Clubhouse in Regent Oaks at Freehold Active-Adult Community in Freehold, New Jersey

TOL's past financial results have shown robust home sales revenue growth as well as adjusted home sales gross margin expansion. TOL's addressable market, which is households with incomes of over $200,000, has been outpacing all households' growth. Together with its low penetration rate, there are still opportunities to gain market share. Demand for luxury homes is driven mainly by changes in wealth and net worth, rather than the mortgage rate. Therefore, luxury homes are less sensitive to mortgage rate changes.

Toll Brothers: Gaining Market Share By Widening Price Points, And Spec Home Supply

NASHVILLE, Tenn., July 18, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the highly anticipated opening of Tomlinson Pointe, a new luxury community of single-family homes in Mt. Juliet, Tennessee. Home buyers are invited to visit the Toll Brothers Sales Center and tour the professionally designed model home located at 470 Tomlinson Pointe Drive in Mt. Juliet.

Toll Brothers Opens Tomlinson Pointe Community in Mt. Juliet, Tennessee

PHILADELPHIA, July 18, 2024 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, and joint venture partner Sundance Bay announced the grand opening of Broad + Noble, an 18-story high-rise apartment community in the vibrant Center City district of Philadelphia. The 344-unit luxury mixed-use community in the heart of Callowhill offers a mix of studio, one-bedroom, and two-bedroom apartment homes, and welcomed its first residents in February 2024.

Toll Brothers Apartment Living and Sundance Bay Announce the Grand Opening of Broad + Noble, a Luxury High-Rise Apartment Community in Center City Philadelphia

BOCA RATON, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc.  (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community,  Meravita at Boca Raton , is coming soon to Boca Raton, Florida. This intimate gated community will offer a collection of single-family homes with expansive designs and generous home sites. The Toll Brothers interest list is now forming for the community, which will be located at US Highway 441 and Clint Moore Road in Boca Raton.

Toll Brothers Announces New Luxury Home Community Coming Soon to Boca Raton, Florida

SCOTTSDALE, Ariz., July 17, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the Company was honored with the coveted Home of the Year Award, seven Grand Awards, and 28 Merit Awards at the annual Gold Nugget Awards, one of the home building industry's most prestigious national competitions.

Toll Brothers Wins Multiple Awards, including Home of the Year, for Architecture and Interior Design at the Pacific Coast Builder Conference

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