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While Most Americans Can't Afford Homes, Toll Brothers CEO Says Some Buyers Are Dropping $200,000 Just On Upgrades
Thursday, May 22, 2025 - 3:32am | 924As housing affordability reaches a critical point, homebuilding company Toll Brothers Inc. (NYSE:TOL) CEO Douglas Yearley gave insights about the customer base during the second-quarter earnings call on Wednesday.What Happened: Yearly said, “Over 70% of our business serves the move-up and...
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Demand For High-End Homes 'Will Remain Solid' Into Next Year, Says Toll Brothers CEO
Wednesday, August 21, 2024 - 4:11pm | 634Toll Brothers, Inc. (NYSE:TOL) CEO Douglas Yearley is expecting the demand for luxury homes to remain robust into 2025 after his high-end construction company posted solid third-quarter results on Tuesday. “With mortgage rates at their lowest point in a year and trending lower, favorable...
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Toll Brothers Gains 3% Following Q2 Beat, New Share Buyback Announcement
Tuesday, May 24, 2016 - 8:50am | 426Shares of Toll Brothers Inc (NYSE: TOL) were trading higher by more than 3 percent early Tuesday morning after the company reported its second-quarter results. Strong Q2 Toll Brothers said it earned $0.51 per share in the second quarter on revenue of $1.115 billion. Wall Street analysts were...
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Barron's Says Toll Brothers' Stock Can Gain 40%, Investors Nod In Approval
Monday, April 11, 2016 - 11:09am | 331Barron's argued in a report over the weekend that shares of Toll Brothers Inc (NYSE: TOL) have an upside of 40 percent. Barron's Andrew Bary pointed out that Toll Brothers entry into the luxury condominium market has been "successful" as the high-margin business accounted for...
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Toll Brothers Reports Mixed Q1, Shares Trading Nearly Flat
Tuesday, February 23, 2016 - 9:38am | 309Shares of Toll Brothers Inc (NYSE: TOL) were trading lower by just 0.12 percent after the company reported its first quarter results. Toll Brothers said it earned $0.40 per share in the first quarter on revenue of $928.566 million. Wall Street analysts were expecting the company to earn $0.41...