Century Communit Stock Price, News & Analysis

Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, will release its third quarter 2021 financial results on October 27, 2021, after market close. A conference call to discuss the results will take place at 5:00 p.m. Eastern time the same day. Investors can access the live broadcast on the company's website and participate via phone by dialing in five minutes before the call. Century Communities operates in 17 states and over 40 markets across the U.S., offering new homes and relevant services through its subsidiaries.

Century Communities (NYSE: CCS) recently launched two new pre-sale communities, Olivewood and Meadowood II, in Fresno, California. These developments will add over 300 homesites, featuring a variety of single-family homes with modern designs and smart home technology. Olivewood will offer homes starting from the low $400s, while Meadowood II's pricing begins in the mid $400s. Both communities promise access to local amenities, schools in the Clovis Unified School District, and beautiful parks, attracting prospective homebuyers eager for new opportunities in the area's housing market.

Century Communities, Inc. is expanding its Century Complete brand into the Louisville Metro area, marking its first communities in Kentucky. The new developments include single-family homes with pricing from the high $100s to low $300s. The company operates in 17 states, offering modern homebuying experiences through an innovative online purchasing process. The new sales studios in Louisville will open in fall 2021, providing both in-person and online options for buyers.

Century Communities, Inc. (NYSE: CCS) has announced a substantial land acquisition in Porter, TX, transitioning from the decommissioned North Houston Airport. The community, named Maple Heights, will feature 917 homesites with six modern floor plans, starting sales in early 2022. Notable features include granite countertops, tankless water heaters, and smart home technology. The community will also offer recreational amenities and is strategically located near major highways, enhancing accessibility for potential buyers.

Centry Communities, Inc. (NYSE: CCS) has closed a private offering of $500 million in 3.875% Senior Notes due 2029. The proceeds will primarily be utilized to redeem $400 million of its 5.875% Senior Notes due 2025. This refinancing strategy aims to optimize the company’s debt structure. The notes are secured by the company’s current and future subsidiaries, enhancing their appeal in the credit market. Following the redemption, remaining funds will be allocated for general corporate purposes.

Century Communities, Inc. (NYSE: CCS) announced a quarterly cash dividend of $0.15 per share, to be paid on September 15, 2021, to stockholders on record as of September 1, 2021. This dividend reflects the company's ongoing commitment to returning value to its shareholders. As a top 10 national homebuilder, Century operates across 17 states, offering title, insurance, and lending services through various subsidiaries. The company emphasizes that future dividends are subject to Board approval and various financial factors.