TOL Stock Recent News

PONTE VEDRA, Fla. , Sept. 05, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc.  (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community,  Toll Brothers at Marsh Harbor , is coming soon to the prestigious Ponte Vedra area of St. Johns County in North Florida. The exclusive gated community will offer expansive single-family homes with beautiful marsh and preserve views, settled in the marshes along the Intracoastal Waterway. Site work is underway, and the community is expected to open for sale in early 2025.

MURFREESBORO, Tenn., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc.  (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community,  Meadowlark , is coming soon to Murfreesboro, Tennessee. Nestled near Clari Park and within walking distance to premium shopping and dining at The Avenue, Meadowlark by Toll Brothers will feature both single-family homes and townhomes, each thoughtfully crafted with elegant architecture and versatile spaces for modern living.

ROYERSFORD, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Hearthfield, is coming soon to Royersford, Pennsylvania. This intimate Toll Brothers neighborhood will include 54 single-family home sites. Site work is underway, and the community is anticipated to open for sale in early 2025.

CHANTILLY, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc.  (NYSE:TOL), the nation's leading builder of luxury homes, today announced a new community,  Commonwealth Place at Westfields - The Belle Haven Collection , is coming soon to Chantilly, Virginia. The newest collection at this exclusive Toll Brothers community will include townhome-style luxury condos ideally located within walking distance to Westfields Center. Site work is underway, and the community is anticipated to open for sale in late fall 2024.

I give a hold rating for Toll Brothers. TOL's strong 3Q24 performance and raised FY24 guidance highlight robust demand, driven by favorable housing supply and lower interest rates. Positive profit margin outlook due to declining mortgage rates, better pricing power, and improved operating efficiencies.

Toll Brothers, Inc.'s TOL shares experienced a 21.7% rally in the past six months compared with the Zacks Building Products - Home Builders industry's 16.4% growth. The stock has also performed better than the broader Construction's 6.5% rise and the S&P 500's 9.3% increase in the same time frame.

RANDOLPH, N.J., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Oaks at Randolph, is coming soon to Randolph, New Jersey. This exclusive Toll Brothers neighborhood will feature upscale townhomes and an array of resort-style amenities. Site work is currently underway, and the community is anticipated to open for sale in fall 2024.

HUDSON, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the opening of Lakemont by Toll Brothers, a new community of 21 single-family homes in Hudson, Massachusetts. Set against a serene waterfront backdrop, Lakemont offers luxury living in a picturesque setting close to recreation, parks, shopping, and downtown Hudson, which was recently recognized as the winner of the “America's Main Streets” contest. Home buyers are invited to visit the Toll Brothers Sales Center located at 50 Old County Road in Hudson.

LEWISVILLE, Texas, Aug. 28, 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 The Davis Companies (Davis), announce the grand opening of Whitlow, a new four-story luxury apartment community in Lewisville, Texas. Financed with a construction loan from Citizens Bank, Whitlow commenced construction in 2021 and welcomed its first residents in February 2024.

QUAKERTOWN, Pa., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc.  (NYSE:TOL), the nation's leading builder of luxury homes, today announced the opening of  Steeple Run , an exceptional new community of single-family homes in Quakertown, Pennsylvania. The Sales Center and model home are located at 1400 Mill Race Drive in Quakertown.