Toll Brothers Boosts 2026 Guidance, Acquires Buffington Homes
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Toll Brothers significantly raised its fiscal 2026 guidance, now expecting 10,400-10,700 home deliveries at an average price of $985,000-$1.0 million, alongside a full-year adjusted gross margin of 26.1%. This positive outlook follows the company's strong Q2 earnings reported just two days prior. Additionally, Toll Brothers acquired Buffington Homes, a strategic move to expand its market footprint. The combined news indicates robust operational performance and growth initiatives, which should positively impact future financial projections.
At the time of this announcement, TOL was trading at $136.25 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $12.9B. The 52-week trading range was $100.92 to $168.36. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Wiseek News.