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Toll Brothers Inc (TOL.N)

TOL.N on New York Stock Exchange

39.13USD
12:03am IST
Change (% chg)

$-1.55 (-3.81%)
Prev Close
$40.68
Open
$40.13
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$38.97
Volume
434,195
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471,026
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$41.69
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$28.69

Latest Key Developments (Source: Significant Developments)

Toll Brothers Announces Acquisition Of Sabal Homes
Thursday, 12 Sep 2019 

Sept 11 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS ANNOUNCES EXPANSION INTO CHARLESTON, GREENVILLE, & MYRTLE BEACH, SOUTH CAROLINA MARKETS WITH ACQUISITION OF SABAL HOMES.AT DATE OF ACQUISITION, SABAL HOMES HAD ABOUT $30 MILLION IN BACKLOG CONSISTING OF 80 HOMES WITH AN AVERAGE PRICE OF $380,000.  Full Article

Toll Brothers Says Orders Were Down "Significantly" In Northern California Due To A Difficult Comparison In Q3 2018 - Conf Call
Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS CEO SAYS NOT SEEN A CHANGE IN FOREIGN BUYERS IN CALIFORNIA; CO HAS 10% FOREIGN BUYERS CONCENTRATED PRIMARILY IN THE WEST - CONF CALL.TOLL BROTHERS CEO SAYS CO SPENT $287 MILLION ON LAND IN Q3, EXPECTS TO SPEND MORE IN Q4 - CONF CALL.TOLL BROTHERS CEO SAYS CO HAD SOME MODEST PRICE INCREASES IN OVER 50% OF ITS COMMUNITIES DURING START OF AUGUST; POSITIVE ON BEGINNING OF Q4.TOLL BROTHERS CEO SAYS CONTINUE TO STRUGGLE IN THE MIDWEST WITH PRICING POWER IN CHICAGO AND DETROIT, AS WELL AS FLORIDA EAST - CONF CALL.TOLL BROTHERS SAYS ORDERS WERE DOWN "SIGNIFICANTLY" IN NORTHERN CALIFORNIA DUE TO A DIFFICULT COMPARISON IN Q3 OF FY 2018- CONF CALL.TOLL BROTHERS CFO SAYS CALIFORNIA MARGINS CONTINUE TO BE IN EXCESS OF COMPANY AVERAGES - CONF CALL.TOLL BROTHERS CFO SAYS THE INCENTIVE GROWTH THAT HAS HAPPENED DURING THE CHALLENGE SALES PERIOD IS STARTING TO SEE ITS WAY INTO THE MARGIN.TOLL BROTHERS CEO - "WE'RE FOCUSED ON GOING AFTER THE MODESTLY MORE AFFLUENT FIRST-TIME HOMEBUYER".TOLL BROTHERS CEO SAYS CO IS CAREFULLY AND SLOWLY EXPANDING PRICE POINT BUT IS "NOT FOCUSED ON GOING DOWN AND GRABBING THE $180,000 HOMEBUYER".TOLL BROTHERS CEO SAYS THE WEST IS SEEING SIGNIFICANT GROWTH AND VERY STRONG GROSS MARGINS.  Full Article

Toll Brothers Sets Quarterly Dividend Of $0.11Per Share
Wednesday, 19 Jun 2019 

June 18 (Reuters) - Toll Brothers Inc ::SETS QUARTERLY DIVIDEND OF $0.11PER SHARE.  Full Article

Toll Brothers Announces Acquisition Of Sharp Residential
Tuesday, 21 May 2019 

May 20 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS ANNOUNCES EXPANSION INTO ATLANTA, GEORGIA MARKET WITH ACQUISITION OF SHARP RESIDENTIAL.PURCHASE PRICE WAS PAID IN CASH.AT DATE OF ACQUISITION, COMPANY HAD APPROXIMATELY $65 MILLION IN BACKLOG CONSISTING OF 125 HOMES WITH AN AVERAGE PRICE OF $520,000.ACQUISITION WILL INCREASE TOLL BROTHERS' SELLING COMMUNITY COUNT BY APPROXIMATELY 10 COMMUNITIES AS OF CLOSING DATE.  Full Article

Toll Brothers Sets Quarterly Dividend Of $0.11 Per Share
Wednesday, 13 Mar 2019 

March 12 (Reuters) - Toll Brothers Inc ::SETS QUARTERLY DIVIDEND OF $0.11PER SHARE.  Full Article

Proxy Shareholding Group PIRC Opposes Re-Election Of Walt Disney CEO
Tuesday, 5 Mar 2019 

March 5 (Reuters) - PIRC::PIRC- RECOMMENDS WALT DISNEY CO SHAREHOLDERS VOTE AGAINST RE-ELECTION OF CHAIRMAN AND CEO ROBERT IGER AT AGM.PIRC- RECOMMENDS TOLL BROTHERS SHAREHOLDERS VOTE AGAINST ADVISORY VOTE ON EXECUTIVE COMPENSATION AT AGM.  Full Article

Toll Brothers Saw An Improvement In Buyer Traffic In Q1 - Conf Call
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS SAYS SAW AN IMPROVEMENT IN BUYER TRAFFIC IN Q1 AS INTEREST RATES DECLINED- CONF CALL.TOLL BROTHERS SAYS CO COULD SEE A ‘SOLID SPRING SEASON’, WITH SOFTER INTEREST RATES BEING ONE OF THE DRIVERS- CONF CALL.TOLL BROTHERS SAYS CO LOOKED AT 30 BUILDERS LAST YEAR, BUT DIDN'T BUY ANY; SAYS CO COULD M&A TO ENTER A DIFFERENT PRODUCT LINE OR PRICE POINT - CONF CALL.TOLL BROTHERS SAYS CO'S INCENTIVES CURRENTLY ARE 3.1 PERCENT OF SALES PRICE FOR ITS ORDERS, AND WENT UP 'VERY MODESTLY' IN Q1 VERSUS PRIOR QUARTERS - CONF CALL.  Full Article

Toll Brothers Reports Q1 EPS Of $0.76
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS FY 2019 1ST QUARTER RESULTS.Q1 REVENUE $1.36 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.26 BILLION.Q1 EARNINGS PER SHARE $0.76.Q1 EARNINGS PER SHARE ESTIMATE $0.61 -- REFINITIV IBES DATA.QTRLY HOME SALES REVENUES WERE $1.32 BILLION, UP 12%; HOME BUILDING DELIVERIES WERE 1,530, UP 8%.SEES Q2 2019 DELIVERIES OF BETWEEN 1,650 AND 1,850 UNITS WITH AN AVERAGE PRICE OF BETWEEN $860,000 AND $890,000.BACKLOG VALUE AT Q1 END WAS $5.37 BILLION, DOWN 4%; UNITS IN BACKLOG TOTALED 5,954, DOWN 5%.BACKLOG VALUE AT Q1 END WAS $5.37 BILLION, DOWN 4%; UNITS IN BACKLOG TOTALED 5,954, DOWN 5.  Full Article

Toll Brothers Announces New JV To Develop Kilby, A 258-Unit Luxury Apartment Community In Frisco, Texas
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS APARTMENT LIVING® / DAIWA HOUSE TEXAS ANNOUNCE JOINT VENTURE TO DEVELOP NEW LUXURY RENTAL COMMUNITY IN FRISCO, TX.TOLL BROTHERS INC - FORMATION OF A NEW JOINT VENTURE TO DEVELOP KILBY, A 258-UNIT LUXURY APARTMENT COMMUNITY IN FRISCO, TEXAS.TOLL BROTHERS INC - JOINT VENTURE PARTNERSHIP HAS SECURED A CONSTRUCTION LOAN FACILITY FROM CITIZENS BANK.TOLL BROTHERS INC - DEBT AND EQUITY FINANCING WERE ARRANGED BY TOLL BROTHERS' IN-HOUSE FINANCE DEPARTMENT.  Full Article

Toll Brothers Sets Quarterly Dividend Of $0.11 Per Share
Thursday, 13 Dec 2018 

Dec 12 (Reuters) - Toll Brothers Inc ::SETS QUARTERLY DIVIDEND OF $0.11PER SHARE.  Full Article

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Toll Brothers shares sink as California demand dwindles amid trade war

Shares of Toll Brothers fell more than 6% on Wednesday after the U.S. luxury homebuilder reported a 36% collapse in orders in California, where other sector players have signaled waning demand from affluent Chinese buyers in light of President Donald Trump's trade war.