NYSE USD

Toll Brothers, Inc. (TOL)

113.81

+1.60

(+1.43%)

At close: April 22 at 4:00 PM EDT

114.79

+0.98

(+0.86%)

Pre-Market: 6:30 AM EDT

Housing market: Mortgage rates bear down on homebuilder stocks

Homebuilder confidence has held and remained the same in recent months as new home sales dropped. Mortgage rates have been at the root of many problems afflicting the US housing market and now they are starting to take a toll on homebuilder stocks; things could get even uglier as rates consistently move between 7% and realtors see mortgage rates going as high as 8% even. As part of Yahoo Finance's Real Estate: The New Reality special coverage this week, Wedbush Securities Equity Research SVP Jay McCanless describes the rate environment as having "gone from being pretty benign" at 2024's start to "much more negative now than we would've expected." McCanless outlines how homebuilders are operating in this rate-sensitive housing market and where he sees demand going based on the younger generations of homebuyers. "The group is carrying less debt than it was five years ago and especially ten years ago. They are building the homes certainly more efficiently than they were back then, but at the same time, it comes down to monthly payment and the builders, I think they've done a good job of trying to shrink the size of the homes that they're building, reduce the amenities that they're putting especially in some the starter homes," McCanless says. "But at the end of the day if the mortgage rate's gone up 100-something basis points like it has this year already, that's just going to reduce the size of the population that can potentially buy a home." Catch more of Yahoo Finance's Real Estate: The New Reality coverage this week, or watch this full episode here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 12 hours ago

MTH
+1.09%
LGIH

CCS
Existing Home Sales Dwindles in March: What's Causing It?

Existing home sales plunged 4.3% in March from April on the back of increasing mortgage rates.

Zacks 3 days ago

PHM
+2.28%
TOL
+1.43%
KBH
+2.72%
Toll Brothers Opens New Luxury Home Community in Headwaters Master-Planned Community in Dripping Springs, Texas

DRIPPING SPRINGS, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced two new collections of luxury homes are now open for sale within the Headwaters master-planned community in Dripping Springs, Texas. The brand-new Toll Brothers at Headwaters Sales Center is open now at 134 Hazy Hills Loop in Dripping Springs, and construction of the model home is underway. Situated in the highly acclaimed Headwaters master pla

GlobeNewswire 4 days ago

TOL
+1.43%
Toll Brothers Announces New Luxury Home Community in Award-Winning SilverLeaf Master Plan

Newbrook, a gated community offering a wide selection of home designs and exclusive amenities, is now openST. AUGUSTINE, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the launch of Newbrook, an exciting new home community located in the desirable SilverLeaf master-planned community in St. Augustine, Florida. The Toll Brothers Sales Center is now open at 78 Bismarck Palm Road in St. Augustine. Newbrook is a g

GlobeNewswire 4 days ago

TOL
+1.43%
Toll Brothers Announces New Modern Townhome Community Coming Soon to Durham, North Carolina

DURHAM, N.C., April 18, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest townhome community, Rollingdale by Toll Brothers, is coming soon to Durham, North Carolina. The Toll Brothers Sales Center and model home are currently under construction and the community will open for sale in late summer 2024. summer 2024. Located just five minutes from The Streets at Southpoint shopping mall, Rollingdale by Toll Brothers wil

GlobeNewswire 4 days ago

TOL
+1.43%
The Zacks Analyst Blog Highlights NVR, KB Home, Toll Brothers, D.R. Horton and PulteGroup

NVR, KB Home, Toll Brothers, D.R. Horton and PulteGroup are included in this Analyst Blog.

Zacks 5 days ago

PHM
+2.28%
^GSPC

DHI
+0.62%
New Toll Brothers Luxury Townhome Community Coming Soon to Charlotte, North Carolina

CHARLOTTE, N.C., April 17, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Chambray at LoSo, is coming soon to the intersection of South Tryon Street and Blairhill Road in the Lower South End area of Charlotte, North Carolina. The interest list is forming, and the community will open for sale this summer 2024. Located in the heart of Charlotte, Chambray at LoSo will feature 82 new Toll Brothers townhomes

GlobeNewswire 5 days ago

TOL
+1.43%
Toll Brothers Announces New Luxury 55+ Community Coming Soon to West Windsor Township, New Jersey

New low-maintenance active-adult community offers all-new townhome designs and resort-style amenities near PrincetonWEST WINDSOR TOWNSHIP, N.J., April 17, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community designed exclusively for active adults, Regency at West Windsor, is coming soon to the intersection of Old Trenton Road and Dorchester Drive in West Windsor Township, New Jersey. Construction is underway o

GlobeNewswire 5 days ago

TOL
+1.43%
Solid Business Model & Strong Housing Demand Benefit NVR

NVR is benefiting from a solid housing market and disciplined business model.

Zacks 5 days ago

DHI
+0.62%
TOL
+1.43%
PHM
+2.28%
March Sees U.S. Housing Starts & Permits Fall Below Expectations

Housing starts & building permits decrease in March, given higher rates, falling short of market expectations.

Zacks 5 days ago

PHM
+2.28%
TOL
+1.43%
KBH
+2.72%
Toll Brothers Inc. (TOL) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching Toll Brothers (TOL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Zacks 5 days ago

TOL
+1.43%
Homebuilder stocks close lower on weak housing starts data

Homebuilder stocks such as D.R. Horton (DHI), Toll Brothers (TOL), and Lennar (LEN) closed lower after disappointing housing starts data.  Yahoo Finance's Dani Romero discusses the data and what investors can expect from homebuilder earnings this quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.

Yahoo Finance Video 6 days ago

XHB

ITB

PHM
+2.28%
Director Stephen East Sells 1,500 Shares of Toll Brothers Inc (TOL)

Stephen East, Director of Toll Brothers Inc (NYSE:TOL), has sold 1,500 shares of the company on April 15, 2024, according to a recent SEC filing.

GuruFocus.com 7 days ago

TOL
+1.43%
Homebuilder confidence unchanged in April on mortgage rates

Shares of major homebuilders are dipping lower after the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reported that Homebuilder Confidence for April remained unchanged from March. It currently sits at 51. Yahoo Finance Housing Reporter Dani Romero breaks down the data and what it represents for elevated mortgage rates. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.

Yahoo Finance Video 7 days ago

LEN
+0.92%
LEN-B

TOL
+1.43%
Is Eagle Materials (EXP) Outperforming Other Construction Stocks This Year?

Here is how Eagle Materials (EXP) and Toll Brothers (TOL) have performed compared to their sector so far this year.

Zacks 10 days ago

EXP

TOL
+1.43%
Tri Pointe (TPH) on Expansion Spree, Opens Two Divisions

Tri Pointe (TPH) abides by its footprint expansion initiative with the opening of two divisions in Florida and Coastal Carolinas.

Zacks 11 days ago

TPH

KBH
+2.72%
TOL
+1.43%
Toll Brothers Announces Opening of Forestville Village Community in Knightdale, North Carolina

KNIGHTDALE, N.C., April 11, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of Forestville Village by Toll Brothers, a new community of luxury townhomes and single-family homes offering low-maintenance living and future onsite amenities in Knightdale, North Carolina. Prospective home buyers are invited to tour the three professionally designed model homes located at 917 Parkfront Drive in Knight

GlobeNewswire 11 days ago

TOL
+1.43%
The 3 Top Home Builder Stocks to Buy in April 2024

Home builder stocks have the potential to become extremely valuable long-term investments. With mortgage rates projected to come down, a unique opportunity exists to capitalize on the housing market rebound. Right now, valuations in the home building sector look extremely attractive. That leaves room for a significant amount of upside potential for discerning investors. Additionally, there is a housing shortage across the United States, making these companies well-positioned to meet market deman

InvestorPlace 12 days ago

DHI
+0.62%
LEN-B

TOL
+1.43%
Toll Brothers Opens Two New Model Homes at its Paloma Ridge Community in Kuna, Idaho

Newly opened model homes available to tour feature premium personalization options in ideally situated Boise location with picturesque mountain viewsKUNA, Idaho, April 10, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of the model homes at Paloma Ridge, a new home community in Kuna, Idaho. Paloma Ridge is ideally located on the southeast corner of Linder Road and Columbia Road, offering easy access to Inte

GlobeNewswire 12 days ago

TOL
+1.43%
Toll Brothers Announces New Luxury Home Community Coming Soon to East Vincent Township, Pennsylvania

SPRING CITY, Pa., April 10, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Riverstone Crossing, is coming soon to East Vincent Township in Chester County, Pennsylvania. Construction of the Toll Brothers Sales Center and model homes, located at 202 Polaris Drive in Spring City, Pennsylvania, is set to begin in the summer of 2024 and sales will start this fall. Located just minutes from Phoenixville and C

GlobeNewswire 12 days ago

TOL
+1.43%

Performance Overview

Return	TOL	S&P 500
YTD	+11.15%	+5.05%
1-Year	+85.83%	+21.22%
3-Year	+97.58%	+20.06%

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Toll Brothers, Inc. (TOL)

Housing market: Mortgage rates bear down on homebuilder stocks

Existing Home Sales Dwindles in March: What's Causing It?

Toll Brothers Opens New Luxury Home Community in Headwaters Master-Planned Community in Dripping Springs, Texas

Toll Brothers Announces New Luxury Home Community in Award-Winning SilverLeaf Master Plan

Toll Brothers Announces New Modern Townhome Community Coming Soon to Durham, North Carolina

The Zacks Analyst Blog Highlights NVR, KB Home, Toll Brothers, D.R. Horton and PulteGroup

New Toll Brothers Luxury Townhome Community Coming Soon to Charlotte, North Carolina

Toll Brothers Announces New Luxury 55+ Community Coming Soon to West Windsor Township, New Jersey

Solid Business Model & Strong Housing Demand Benefit NVR

March Sees U.S. Housing Starts & Permits Fall Below Expectations

Toll Brothers Inc. (TOL) Is a Trending Stock: Facts to Know Before Betting on It

Homebuilder stocks close lower on weak housing starts data

Director Stephen East Sells 1,500 Shares of Toll Brothers Inc (TOL)

Homebuilder confidence unchanged in April on mortgage rates

Is Eagle Materials (EXP) Outperforming Other Construction Stocks This Year?

Tri Pointe (TPH) on Expansion Spree, Opens Two Divisions

Toll Brothers Announces Opening of Forestville Village Community in Knightdale, North Carolina

The 3 Top Home Builder Stocks to Buy in April 2024

Toll Brothers Opens Two New Model Homes at its Paloma Ridge Community in Kuna, Idaho

Toll Brothers Announces New Luxury Home Community Coming Soon to East Vincent Township, Pennsylvania

Performance Overview