Tag #Toll Brothers

What are the key factors differentiating the performance and prospects of Toll Brothers and Lennar in the current homebuilding market?

Homebuilders Toll Brothers (TOL) and Lennar (LEN) report earnings this week, against a backdrop of industry underperformance. While both should benefit from housing demand, they target different demographics: LEN focuses on the median home buyer, while TOL targets a more affluent clientele. This difference is reflected in their recent performance and valuations.