Latest news with #TollBrothers
Yahoo
19 hours ago
- Business
- Yahoo
TOL's Earnings Estimate Are Headed Higher: Should You Buy or Wait?
Toll Brothers, Inc.'s TOL earnings estimate for fiscal 2025 has trended up 0.9% to $13.86 per share from $13.74 per share in the past 30 days. Analysts' sentiments are likely to have been bullish thanks to the company realizing benefits from its diversified luxury product offerings, the balanced portfolio of build-to-order and spec homes and its strategy of prioritizing sales base and margin. These trends, along with the company's 9% dividend hike and favorable long-term housing market demographics, are likely to have catalyzed the optimistic sentiments. (read more: Toll Brothers Q2 Earnings & Revenues Beat Estimates, Home Sales Up Y/Y) Image Source: Zacks Investment Research Given the ongoing risky trends in the housing market, this upward movement of this homebuilding company stands tall among other peer homebuilders, including Tri Pointe Homes, Inc. TPH, KB Home KBH and Lennar Corporation LEN. The earnings estimate trend for fiscal 2025 has moved down for Tri Pointe by 0.6% to $3.08 per share and KB Home by 4.2% to $7.05 in the past 30 days, and Lennar by 2.9% to $10.15 per share in the past 60 its second-quarter fiscal 2025 earnings release, TOL stock has inched up 0.5%, outperforming the Zacks Building Products - Home Builders industry, broader Construction sector and the S&P 500 index. Even though the share price performance of the company did not move up significantly, the positive trend compared with the declining trends of the industry, sector and the S&P 500 index is encouraging for investors to look into. Notably, in the past month, TOL has gained 3.8% against the industry's 2.2% decline Image Source: Zacks Investment Research Although the long-term housing market demographics are favorable and the company's in-house revenue and margin boosting strategies are boding well, the ongoing market uncertainties surrounding high mortgage rates, inflationary pressures and ambiguous tariff-related risks are hovering over Toll Brothers. Despite ongoing efforts to enhance its profitability, these lingering headwinds can negate the positive impacts of its business delve deeper into understanding the factors driving TOL's momentum as well as pressuring its growth. Toll Brothers mainly offers luxury homes to luxury communities in prosperous suburban areas with easy access to major cities. Thanks to these aspects, its tremendous brand, broad range of home price points and unique build-to-order model lend it a competitive advantage compared with other homebuilders. Moreover, it enjoys greater pricing power than other homebuilding companies, leading it to the strategy of widening price points to include more affordable luxury homes and increasing the supply of spec homes while growing market the ongoing affordability issues in the housing market, the company has been witnessing strong demand in the luxury home market thanks to its diversified luxury product offerings, the balanced portfolio of build-to-order and spec homes and its strategy of prioritizing sales base and margin. Furthermore, these strategies are supported by the types of customers the company caters to, mainly the move-up and empty-nester segments, who tend to be wealthier, have greater financial flexibility and a majority have equity in their existing homes. The company strategically balances between build-to-order and spec methods to ensure business profitability amid uncertain market conditions. A balanced approach helps Toll Brothers to respond effectively to changes in demand, especially in a fluctuating economic environment, while allowing it to meet diverse market needs. With this strategic operating model, the company is now primarily focusing on its return on equity (ROE), turning inventory and accurately balancing pace and price. Already mid-way through fiscal 2025, TOL is well-positioned for the remainder of fiscal 2025 and the upcoming year with its inventory of spec homes per community and the gross margin spread between its spec and build-to-order homes. Through a stable liquidity position, Toll Brothers aims to maintain shareholder value by returning cash to shareholders through regular share repurchases and dividend payments. This aspect can be substantiated by its recent dividend hike announcement during its second-quarter fiscal 2025 earnings release. On March 11, 2025, the company announced a 9% hike in its quarterly dividend payment to 25 cents per share (or $1 annually) from 23 during the first six months of fiscal 2025, the company bought back 1.832 million shares at an average price of $109.80 per share, totaling about $201.2 million. It now expects to repurchase $600 million worth of common stock, up from $500 million expected earlier in fiscal 2025. These moves highlight the company's stable financial position and commitment to reward shareholders. The company's trailing 12-month ROE reflects its growth potential and focus on maintaining shareholder value. As evidenced by the chart below, TOL's ROE is significantly better than the industry. This indicates that the company is efficiently using its shareholders' funds, along with generating profit with minimum capital usage. Image Source: Zacks Investment Research The company's current valuation is enticing for investors to look into it. TOL stock is currently trading at a discount compared with its industry peers on a forward 12-month price-to-earnings (P/E) ratio basis. The discounted valuation indicates an attractive option for investors looking for a suitable entry point. Image Source: Zacks Investment Research Persisting Affordability Concerns: The United States' housing market continues to face affordability concerns as homebuyers navigate between high mortgage rates and home ownership. Per Freddie Mac, the 30-year fixed mortgage rate for the week ending May 29, 2025, stands at 6.89%, with the 52-week average for the past year being at 6.7%. The mortgage rate settling around the high range between 6% and 7% is the new normal, which the homebuyers are still getting adjusted Uncertainties: The Fed putting a pause to interest rate cuts, which is currently at a benchmark between 4.25% and 4.5%, has raised concerns in the market. The Fed remains cautious due to the possible economic impacts from the full implementation of the new tariff regime, which is expected to uplift inflationary pressures in the tariffs are expected to elevate homebuilding costs and cause supply-chain inefficiencies, once fully implemented, deepening the risks engulfing the housing market. Although Toll Brothers does not expect to face any immediate supply-chain disruptions from tariffs as such, it continues to monitor developments closely to make necessary adjustments to address any challenges in the long term. As discussed above, Toll Brothers enjoys a competitive advantage in the homebuilding industry due to its specialization in diversified luxury home offerings to a customer base that is on the wealthier side. Approximately 24% of its buyers pay in all cash (up from its long-term average of approximately 20%), which is proving to be a huge support for the company in ensuring profitability in the current uncertain macro partially offsetting these tailwinds come the market's lingering sticky inflation and the ongoing tariff-related risk discussions, which are taking a toll on the company's by considering both sides of the coin, it is prudent for existing investors to retain this Zacks Rank #3 (Hold) company's shares for now, whereas new investors might want to wait for a more favorable entry can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toll Brothers Inc. (TOL) : Free Stock Analysis Report KB Home (KBH) : Free Stock Analysis Report Lennar Corporation (LEN) : Free Stock Analysis Report Tri Pointe Homes Inc. (TPH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Globe and Mail
2 days ago
- Business
- Globe and Mail
Toll Brothers Announces Final Opportunity to Own a Luxury Home at Haven Oaks in Orlando, Florida
ORLANDO, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the final opportunity to purchase a new home at its Haven Oaks community in Orlando, Florida. A limited number of homes remain available for sale in the community, including the professionally designed Frederick Elite model home. Surrounded by mature oak trees, Haven Oaks is a private new home community featuring single-family homes in a prime location just south of downtown Orlando. Offering an array of modern one- and two-story home designs and spacious floor plans, this community brings luxury and convenience to this highly desirable area. Both move-in ready and quick move-in homes with Designer Appointed Features are available in the community, with pricing starting at $699,995. 'We invite home buyers to explore the modern home designs and exceptional home sites offered at Haven Oaks before it is too late,' said Brock Fanning, Division President of Toll Brothers in Central Florida. 'With a premier location close to local shops and dining as well as world-renowned attractions, major employers, and commuter routes, Haven Oaks is an ideal place to call home in Orlando.' Move-in ready and quick move-in homes with Designer Appointed Features are available in the community, allowing customers the opportunity to move into their new dream home on a timeline that meets their needs. Toll Brothers residents in Haven Oaks enjoy a convenient location close to downtown Orlando and Cypress Grove Park, as well as proximity to Interstate 4 and State Road 408. The Haven Oaks Sales Center is open daily at 52 Overleaf Lane in Orlando. For more information, call 877-431-0444 or visit About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license.
Globe and Mail
2 days ago
- Business
- Globe and Mail
New Toll Brothers Luxury Home Community Coming Soon to Royersford, Pennsylvania
ROYERSFORD, Pa., May 29, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Canterbury Meadows, is coming soon to Royersford, Pennsylvania. This exclusive Toll Brothers neighborhood will include a selection of modern two-story home designs and an array of luxury amenities. Site work is underway at 183 Kline Road in Royersford, and the community is anticipated to open for sale in fall 2025. Canterbury Meadows will showcase a luxurious selection of modern two-story home designs with flexible floor plans ranging in size from 3,029 to 3,677+ square feet. Homes will include 4 to 5 bedrooms, 3.5 to 5.5 bathrooms, 2-car side-entry garages, full basements, and first-class personalization options. Homes are anticipated to be priced from $1 million. 'Our new Canterbury Meadows community will offer residents the rare opportunity to build a new construction home within the well-established and highly desirable Royersford area,' said John Dean, Division President of Toll Brothers in Pennsylvania. 'With most of the homes backing to open space, residents here can enjoy a serene and peaceful lifestyle while being just minutes from vibrant shopping districts, fine dining, and everyday essentials.' The community is conveniently located to U.S. Routes 422 and 202 and offers easy access to nearby Providence Town Center, King of Prussia, Collegeville, and downtown Phoenixville. Outdoor recreational entertainment abounds at nearby Limerick Community Park, Evansburg State Park, Anderson Farm Park, and Turtle Creek Golf Course. Canterbury Meadows is located near top-rated schools in the Spring-Ford Area School District. Home shoppers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. 'With large, open floor plans and unrivaled personalization options through the Toll Brothers Design Studio experience, this community will set a new standard for luxury living in Montgomery County,' added Dean. 'For prospective Toll Brothers customers looking to move on a quicker timeline, quick move-in homes will also be available when the community opens.' Additional Toll Brothers new home communities in the area include Charterfield Landing, Boxwood, Hearthfield, and Riverstone Crossing. For more information and to join the Toll Brothers interest list for Canterbury Meadows, call (855) 872-8205 or visit About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license.
Yahoo
2 days ago
- Business
- Yahoo
Toll Brothers Announces Final Opportunity to Own a Luxury Home at Haven Oaks in Orlando, Florida
Stunning model home is now available for sale in this exclusive community ORLANDO, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the final opportunity to purchase a new home at its Haven Oaks community in Orlando, Florida. A limited number of homes remain available for sale in the community, including the professionally designed Frederick Elite model home. Surrounded by mature oak trees, Haven Oaks is a private new home community featuring single-family homes in a prime location just south of downtown Orlando. Offering an array of modern one- and two-story home designs and spacious floor plans, this community brings luxury and convenience to this highly desirable area. Both move-in ready and quick move-in homes with Designer Appointed Features are available in the community, with pricing starting at $699,995.'We invite home buyers to explore the modern home designs and exceptional home sites offered at Haven Oaks before it is too late,' said Brock Fanning, Division President of Toll Brothers in Central Florida. 'With a premier location close to local shops and dining as well as world-renowned attractions, major employers, and commuter routes, Haven Oaks is an ideal place to call home in Orlando.' Move-in ready and quick move-in homes with Designer Appointed Features are available in the community, allowing customers the opportunity to move into their new dream home on a timeline that meets their needs. Toll Brothers residents in Haven Oaks enjoy a convenient location close to downtown Orlando and Cypress Grove Park, as well as proximity to Interstate 4 and State Road 408. The Haven Oaks Sales Center is open daily at 52 Overleaf Lane in Orlando. For more information, call 877-431-0444 or visit About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@ A photo accompanying this announcement is available at Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
Yahoo
2 days ago
- Business
- Yahoo
New Toll Brothers Luxury Home Community Coming Soon to Royersford, Pennsylvania
ROYERSFORD, Pa., May 29, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Canterbury Meadows, is coming soon to Royersford, Pennsylvania. This exclusive Toll Brothers neighborhood will include a selection of modern two-story home designs and an array of luxury amenities. Site work is underway at 183 Kline Road in Royersford, and the community is anticipated to open for sale in fall 2025. Canterbury Meadows will showcase a luxurious selection of modern two-story home designs with flexible floor plans ranging in size from 3,029 to 3,677+ square feet. Homes will include 4 to 5 bedrooms, 3.5 to 5.5 bathrooms, 2-car side-entry garages, full basements, and first-class personalization options. Homes are anticipated to be priced from $1 million.'Our new Canterbury Meadows community will offer residents the rare opportunity to build a new construction home within the well-established and highly desirable Royersford area,' said John Dean, Division President of Toll Brothers in Pennsylvania. 'With most of the homes backing to open space, residents here can enjoy a serene and peaceful lifestyle while being just minutes from vibrant shopping districts, fine dining, and everyday essentials.' The community is conveniently located to U.S. Routes 422 and 202 and offers easy access to nearby Providence Town Center, King of Prussia, Collegeville, and downtown Phoenixville. Outdoor recreational entertainment abounds at nearby Limerick Community Park, Evansburg State Park, Anderson Farm Park, and Turtle Creek Golf Course. Canterbury Meadows is located near top-rated schools in the Spring-Ford Area School District. Home shoppers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. 'With large, open floor plans and unrivaled personalization options through the Toll Brothers Design Studio experience, this community will set a new standard for luxury living in Montgomery County,' added Dean. 'For prospective Toll Brothers customers looking to move on a quicker timeline, quick move-in homes will also be available when the community opens.' Additional Toll Brothers new home communities in the area include Charterfield Landing, Boxwood, Hearthfield, and Riverstone Crossing. For more information and to join the Toll Brothers interest list for Canterbury Meadows, call (855) 872-8205 or visit About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license. ### Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@ A photo accompanying this announcement is available at Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
