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Toll Brothers Inc (TOL.N)

TOL.N on New York Stock Exchange

32.22USD
14 Dec 2018
Change (% chg)

$-0.42 (-1.29%)
Prev Close
$32.64
Open
$32.26
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$33.06
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$32.06
Volume
531,346
Avg. Vol
878,551
52-wk High
$52.72
52-wk Low
$28.69

Latest Key Developments (Source: Significant Developments)

Toll Brothers Sets Quarterly Dividend Of $0.11 Per Share
Wednesday, 12 Dec 2018 

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

Toll Brothers' CEO Says November Has Shown Some Further Softening In Demand
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Toll Brothers Inc ::MOST OF THE BACKLOG IN CALIFORNIA WILL BE DELIVERED IN FISCAL 2019-CEO, CONF CALL.INDUSTRY-WIDE PRODUCTION OF SINGLE-FAMILY HOMES IS PROJECTED TO BE APPROXIMATELY 865,000 IN 2018-CEO, CONF CALL.WITH OVER $2 BILLION OF LIQUIDITY AT FISCAL YEAR END, WE CAN PURSUE M&A OPPORTUNITIES-CEO, CONF CALL.WITH RECENT SOFTENING OF DEMAND, WE EXPECT TO SEE SOME SOFTENING ON LABOR PRICING-CFO, CONF CALL.NOVEMBER HAS SHOWN SOME FURTHER SOFTENING IN DEMAND-CEO.OUR FIRST QUARTER DELIVERIES ARE REALLY DEPENDENT RIGHT NOW ON THE BACK END TRADES-CFO.IN TERMS OF INCENTIVES, IT IS NOT MUCH DIFFERENT WHAT WE'RE DOING FROM WHAT WE'VE DONE 6 MONTHS AGO OR A YEAR AGO -CEO.OUR INCENTIVES IN THE FOURTH QUARTER WERE APPETIZING MODEST $5,000 -CEO.SINCE MOST HOMES ARE SOLD IN SPRING SELLING SEASON, WE HAVE DECIDED TO WAIT UNTIL THEN TO ABLE TO PROVIDE FY19 GUIDANCE-CEO.  Full Article

Toll Brothers Reports Q4 Earnings of $2.08 Per Share
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS 4TH QUARTER AND FYE 2018 RESULTS.Q4 REVENUE $2.46 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.35 BILLION.Q4 EARNINGS PER SHARE $2.08.SAYS CO EXPECTS FY 2019 FIRST QUARTER DELIVERIES OF BETWEEN 1,350 AND 1,550 UNITS WITH AN AVERAGE PRICE OF BETWEEN $850,000 AND $880,000..SAYS EXPECTS ITS FY 2019 Q1 ADJUSTED GROSS MARGIN TO BE APPROXIMATELY 23.5%.QTRLY NET SIGNED CONTRACT VALUE WAS $1.50 BILLION, DOWN 15%; QTRLY CONTRACT UNITS WERE 1,715, DOWN 13%.SEES FY 2019 FIRST QUARTER SG&A, AS A PERCENTAGE OF FIRST QUARTER REVENUES, IS PROJECTED TO BE APPROXIMATELY 13.1%..SAYS BACKLOG VALUE AT FYE 2018 ROSE TO $5.52 BILLION, UP 9%, UNITS TOTALED 6,105, UP 4%.SEES FY 2019 Q1 OTHER INCOME AND INCOME FROM UNCONSOLIDATED ENTITIES IS EXPECTED TO BE APPROXIMATELY $30 MILLION.SAYS IN Q4, DESPITE A HEALTHY ECONOMY, CO SAW A "MODERATION" IN DEMAND.SAYS Q4 DEMAND SLOWED TO A PER COMMUNITY PACE MORE CONSISTENT WITH FY 2016'S Q4, WHICH WAS "STILL STRONG".SAYS IN NOV, SAW MARKET SOFTEN FURTHER, ATTRIBUTE IT TO RISING INTEREST RATES & EFFECT ON BUYER SENTIMENT OF REPORTS OF HOUSING SLOWDOWN.SAYS COMPANY EXPECTS ITS FY 2019'S Q1 TAX RATE TO BE APPROXIMATELY 27.5%.SAYS QTRLY HOME BUILDING DELIVERIES WERE 2,710, UP 12 PERCENT.  Full Article

Toll Brothers, Units Enter Into Amendment
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS - ON NOV 1, 2018, CO,UNITS ENTERED INTO AMENDMENT NO. 3 TO EXISTING SENIOR UNSECURED TERM LOAN CREDIT AGREEMENT DATED AS OF FEB 3, 2014.TOLL BROTHERS INC - AMENDMENT INCREASES SIZE OF OUTSTANDING TERM LOANS TO $800 MILLION - SEC FILING.TOLL BROTHERS - AMENDMENT EXTEND MATURITY DATE FROM AUG 2, 2021 TO NOV 1, 2023, WITH NO PRINCIPAL PAYMENTS BEING REQUIRED BEFORE MATURITY DATE.  Full Article

Toll Brothers Founder Robert Toll Steps Down As Executive Chairman CEO Douglas C. Yearley, Jr. Elected As Chairman
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS FOUNDER ROBERT I. TOLL STEPS DOWN AS EXECUTIVE CHAIRMAN; CEO DOUGLAS C. YEARLEY, JR. ELECTED AS CHAIRMAN.TOLL BROTHERS INC - TOLL WILL REMAIN MEMBER OF BOARD, SERVE AS SPECIAL ADVISOR TO CO.  Full Article

Toll Brothers Says Encouraged By Drop In Lumber Pricing - Conf Call
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS SAYS ENCOURAGED BY THE DROP IN LUMBER PRICING SINCE IT'S A MAJOR COMPONENT ON THE MATERIAL SIDE OF THE HOME - CONF CALL.TOLL BROTHERS SAYS DROP IN LUMBER PRICING WILL BE OFFSET BY SOME CONTINUED HIGHER COST ON THE LABOR SIDE AND SOME OTHER MATERIALS - CONF CALL.  Full Article

Toll Brothers Reports Q3 Earnings Per Share $1.26
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS FY 2018 3RD QUARTER AND 9 MONTH RESULTS.Q3 EARNINGS PER SHARE $1.26.Q3 EARNINGS PER SHARE VIEW $1.03 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 REVENUE $6.76 BILLION TO $7.22 BILLION.Q3 REVENUE $1.91 BILLION VERSUS I/B/E/S VIEW $1.81 BILLION.LOWERING FULL-YEAR EFFECTIVE TAX RATE FROM A MIDPOINT OF 24% TO APPROXIMATELY 23%.BACKLOG VALUE AT THIRD-QUARTER END ROSE TO $6.48 BILLION - UP 22%.SEES FULL FY 2018 DELIVERIES OF BETWEEN 8,100 AND 8,400 UNITS WITH AN AVERAGE PRICE OF BETWEEN $835,000 AND $860,000.SEES Q4 DELIVERIES OF BETWEEN 2,550 AND 2,850 UNITS WITH AN AVERAGE PRICE OF BETWEEN $840,000 AND $870,000.  Full Article

Toll Brothers Says Sees A Tax Benefit Of Between About $25 Mln And $30 Mln In Q1
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS SAYS SEES A TAX BENEFIT OF BETWEEN APPROXIMATELY $25.0 MILLION AND $30.0 MILLION IN Q1 OF FISCAL YEAR ENDED OCTOBER 31, 2018 - SEC FILING.TOLL BROTHERS SAYS CONTINUES TO SEE "STRONG DEMAND" ACROSS ITS MAJOR MARKETS AT THIS TIME.  Full Article

Toll Brothers prices offering of $400 mln of Senior Notes
Thursday, 18 Jan 2018 

Jan 17 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS, INC. PRICES $400 MILLION OF SENIOR NOTES.‍PRICED AN UNDERWRITTEN PUBLIC OFFERING OF $400 MILLION OF 4.350% SENIOR NOTES DUE 2028​.‍NOTES HAVE A COUPON OF 4.350% AND WILL PAY INTEREST SEMI-ANNUALLY ON FEBRUARY 15 AND AUGUST 15, COMMENCING AUGUST 15, 2018​.  Full Article

Toll Brothers Says CEO Douglas Yearley Reported Open Market Sale Of 10,000 Common Shares
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS INC CEO DOUGLAS YEARLEY REPORTS OPEN MARKET SALE OF 10,000 SHARES OF CO'S COMMON STOCK ON JAN 9 AT $52.08PER SHARE - SEC FILING‍​.  Full Article

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