Price tag grows on Toll Brothers' sale to Kennedy Wilson [Yahoo! Finance]
Toll Brothers, Inc. (TOL)
Last toll brothers, inc. earnings: 2/25 04:30 pm
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Source: Yahoo! Finance
The sale of the Toll Brothers Apartment Living platform to real estate investment company Kennedy Wilson has increased by $33 million to $380 million, reflecting ongoing investments since the September announcement, according to the homebuilder's fourth-quarter earnings report on Dec 8. In addition, the closing of the deal has been delayed to the first quarter of 2026. Initially, the sale to Beverly Hills, California-based Kennedy Wilson was expected to occur in October. In the earnings release, Toll Brothers Chairman and CEO Douglas. Yearley Jr. said that the company earned $4.58 per diluted share in the quarter, “which was modestly below guidance due to the delayed closing of the sale of our Apartment Living business that we announced in September.” Toll's stock slid 4.8% on Dec. 8 after-hours trading due to the delayed closing, according to Seeking Alpha. In September, Kennedy Wilson announced it was acquiring the Toll Brothers Apartment Living platform, including its in-hou
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TOL
News
- Toll Brothers (NYSE:TOL) had its price target lowered by analysts at JPMorgan Chase & Co. from $161.00 to $141.00. They now have an "overweight" rating on the stock.MarketBeat
- Toll Brothers (NYSE:TOL) had its price target lowered by analysts at Citigroup Inc. from $147.00 to $141.00. They now have a "neutral" rating on the stock.MarketBeat
- New Toll Brothers Luxury Home Community Coming Soon to Westminster, Colorado [Yahoo! Finance]Yahoo! Finance
- Canterbury Meadows by Toll Brothers Opens in Royersford, Pennsylvania [Yahoo! Finance]Yahoo! Finance
- New Toll Brothers Luxury Home Community Coming Soon to Westminster, ColoradoGlobeNewswire
TOL
Earnings
- 12/8/25 - Miss
TOL
Sec Filings
- 12/8/25 - Form 8-K
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- TOL's page on the SEC website