Century Communit Stock Price, News & Analysis

Century Communities, Inc. has launched its annual Purple Tag sale for August, offering substantial savings on new homes across its brands. Customers can benefit from special pricing, closing cost assistance, and competitive financing options through Inspire Home Loans. The sale includes quick move-in homes available for purchase either online or on-site in 45 markets across 17 states. Additionally, the company promotes The Ascent Club, providing free access to credit specialists and homebuyer workshops. For more details, visit www.CenturyCommunities.com/PurpleTagSale.

Century Communities, a top 10 national homebuilder, announced the launch of five new residential communities in Central California, spanning from Chowchilla to Los Banos. The homes will range from the high $300s to mid $400s, featuring single-family options with modern designs and smart home technology. Key highlights include 95 homesites in Reedley and 60 in Chowchilla, with amenities such as granite countertops and gated entries. Homebuyers can choose to purchase homes online, showcasing Century's commitment to innovative homebuying experiences.

Century Communities (NYSE: CCS) recently announced the groundbreaking of the 227-unit Verona Apartments in Highlands Ranch, CO. The project is strategically located near Highline Canal Trail and major roadways, enhancing access to Denver's employment sectors. Anticipated to open in the second half of 2023, the Verona Apartments will include 1BR, 2BR, and 3BR units, all featuring smart home technologies and balconies. Amenities include a fitness center, lap pool, expansive dog park, and managed Wi-Fi, highlighting the company's commitment to providing a high-quality living experience.

Century Communities reported a record second quarter net income of $158.7 million, or $4.78 per diluted share, a 35% increase year-over-year. Total revenues reached $1.2 billion, up 12%, with home deliveries at 2,713 homes. Homebuilding gross margin improved to 28.2%, while adjusted gross margin rose to 29.4%. The return on equity held steady at 33.7%. However, net new home contracts fell to 2,233, down from 3,120 in the prior year. The company reduced its full year home delivery guidance to 10,750 to 11,750 homes.

Century Communities (NYSE: CCS) has announced the launch of 124 homesites for sale at its new Monte Verde community in Fairfield, CA. Properties are priced from the upper $600s and include modern two-story homes with designer finishes and open-concept layouts. The community features four single-family floor plans, ranging from 4 to 5 bedrooms, and is situated near Travis Air Force Base and local parks. Prospective buyers can take advantage of the company's online homebuying experience.

Century Communities, a leading national homebuilder, has launched its first sales location in the Dallas-Fort Worth area at the Overland Grove development in Forney, Texas. This community features resort-style amenities, numerous floor plans starting in the high $300s, and is part of the Forney Independent School District. With options for 3 to 6 bedrooms and up to 3,204 square feet, the community offers modern living close to Dallas. The company emphasizes its innovative online homebuying experience, streamlining the purchasing process.

Century Communities (NYSE: CCS), a leading national homebuilder, has launched sales at its new gated community, Homestead Ranch, located in northwest Las Vegas. Featuring luxury pool-sized homesites starting in the upper $700s, the community offers three estate-sized floor plans with options for detached casitas and multi-generational layouts. With quick access to local amenities and recreational areas, Homestead Ranch has already seen early sales from its limited 27 homesites, highlighting strong market interest.

Century Communities announces a nationwide Fourth of July Sales Event running through July 5, 2022, on homes from its brands, Century Communities and Century Complete. Homebuyers can access special pricing, closing cost assistance, and rate buydown programs, with savings varying by location. The event highlights quick move-in homes ready to close within 30 to 90 days across 17 states. The Ascent Club offers additional support through credit specialists for financing analysis and workshops, enhancing the homebuying experience.

Century Communities (NYSE: CCS) will announce its Q2 2022 financial results on July 27, 2022, after market close. A conference call is scheduled for 5:00 PM ET to discuss the results and recent events. The call will be available on the company’s website, and a playback will be accessible until August 27, 2022. Century Communities operates in 17 states and offers various homebuilding services under its brands. This call marks an important update for investors and stakeholders.