|Bid||40.65 x 1100|
|Ask||40.60 x 800|
|Day's range||40.26 - 40.69|
|52-week range||28.68 - 41.70|
|Beta (3Y monthly)||0.68|
|PE ratio (TTM)||8.61|
|Earnings date||2 Dec 2019 - 6 Dec 2019|
|Forward dividend & yield||0.44 (1.11%)|
|1y target est||39.38|
Toll Brothers, Inc. (TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living® rental subsidiary, and an affiliate of global investment firm The Carlyle Group (CG), have announced the formation of a new joint venture to develop Osprey, a 320-unit luxury apartment community in Atlanta’s West Midtown neighborhood. The joint venture has secured a construction loan facility from BB&T Real Estate Funding LLC, serving as administrative agent, and Comerica Bank.
Major U.S. housing markets are unlikely to see a sharp price correction, while cities outside the U.S. are more at risk of real estate bubbles, according to a UBS assessment.
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Acuity Brands' (AYI) fiscal fourth-quarter earnings are likely to gain from solid cost-saving initiatives. Yet, lower demand may hurt its results.
A study by online loan marketplace LendingTree found white Americans tend to own a disproportionately high number of homes relative to their overall population in U.S. metro areas.
While dynamic pricing model & robust backlog are likely to aid Lennar's (LEN) fiscal Q3 results, higher labor costs and incentives are risks.
The Company also announced that, in conjunction with Mr. Hartman’s retirement, James W. Boyd and Robert Parahus, each currently Regional Presidents with over 30 years of experience in the home building industry, will succeed Mr. Hartman on November 1, 2019. Mr. Boyd currently has oversight responsibility for California, Nevada and Idaho and Mr. Parahus has similar responsibility for New Jersey, New York, Connecticut, Massachusetts and Florida, as well as Toll Integrated Systems, the Company’s building component manufacturing operations.
HORSHAM, Pa., Sept. 24, 2019 -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors.
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Toll Brothers (TOL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Toll Brothers, Inc., (TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today announced its expansion into the Charleston, Greenville, and Myrtle Beach, South Carolina markets through the acquisition of Sabal Homes, one of the top private home building companies in South Carolina. Sabal Homes was founded in 2005 by Matt Jones, Jason Simpson, and Todd Ussery and has built over 1,375 new homes in South Carolina since inception.
Inc. (the “Company” or “we”) (TOL) (www.tollbrothers.com), announced today that it has priced an underwritten public offering (the “Offering”) of $400 million of 3.800% Senior Notes due 2029 (the “Notes”) issued by Toll Brothers Finance Corp., a wholly-owned subsidiary of the Company. The Company expects to use the net proceeds from the Offering for general corporate purposes, which may include repayment of indebtedness. BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC, SunTrust Robinson Humphrey, Inc., Wells Fargo Securities, LLC and SMBC Nikko Securities America, Inc. are acting as Joint Book-Running Managers in the Offering.
Home buyers can take advantage of exceptional savings on Toll Brothers homes for a limited time during the National Sales Event. Toll Brothers’ award-winning in-house architectural design team has developed a wide selection of floor plan layouts and options so that buyers can truly make their new home their own.
Declining mortgage rates and solid economic fundamentals are expected to boost housing demand. In this context, let us analyze whether KB Home (KBH) or Meritage Homes (MTH) is a better pick.