Toll Brothers Launches New Luxury Home Collections Starting from $400K
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Globenewswire
- New Collection Launch: Toll Brothers has unveiled the Atley and Brookhaven luxury home collections at Sterling Grove in Arizona, offering options starting from $400K, which caters to the high-end market and strengthens its leadership in luxury home building.
- Diverse Home Designs: The Atley Collection features three new designs ranging from 2,021 to 2,439 square feet with 4 to 5 bedrooms and 2.5 to 3 bathrooms, while the Brookhaven Collection offers designs from 2,449 to 2,892 square feet, enhancing appeal to various family needs.
- Comprehensive Community Amenities: Sterling Grove boasts extensive amenities, including resort-style pools, a full-service spa, and a state-of-the-art fitness center, which enhances the living experience and attracts more high-end buyers to the area.
- Grand Opening Event to Attract Buyers: The new Bridgewater model home will have its grand opening on January 17, featuring food trucks and live entertainment, which is expected to draw a large number of potential buyers and further drive sales growth.
Analyst Views on TOL
Wall Street analysts forecast TOL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TOL is 150.56 USD with a low forecast of 110.00 USD and a high forecast of 183.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
4 Buy
4 Hold
1 Sell
Moderate Buy
Current: 148.810
Low
110.00
Averages
150.56
High
183.00
Current: 148.810
Low
110.00
Averages
150.56
High
183.00
About TOL
Toll Brothers, Inc. is a builder of luxury homes. The Company builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses. It designs, builds, markets, sells, and arranges financing for an array of luxury residential single-family detached, attached, master-planned, resort-style golf, and urban low-, mid-, and high-rise communities. It also develops and operates urban and suburban for-rent apartment and student housing communities (Apartment Living) primarily through joint ventures. These projects are located in various metropolitan areas throughout the country and have generally been operated or developed with partners under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
