Century Communit Stock Price, News & Analysis

Century Communities, Inc. (NYSE: CCS) has launched a private offering of $400 million Senior Notes due 2029, targeting qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S. The notes are expected to be secured by the company's wholly-owned subsidiaries. Proceeds will redeem all $400 million of existing 2025 Senior Notes, contingent upon market conditions. A conditional notice has been issued for the redemption on September 2, 2021, at a price of 102.938% of the principal amount plus accrued interest.

Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, has announced the grand opening of a new model home featuring the Bronte floor plan at Enclave at Pine Grove in Parker, Colorado. This community includes 142 lots with strong sales momentum and offers a variety of homes ranging from 3 to 6 bedrooms. Positioned near shopping, dining, and parks, the Enclave provides prime accessibility to downtown Parker and major destinations such as the Denver Tech Center and Denver International Airport. Interested buyers can tour the model and explore available homes.

Century Communities, Inc. (NYSE: CCS) reported a record second quarter for 2021, with net income soaring 207% to $117.9 million, or $3.47 per share. Home sales revenues hit $1.0 billion, an increase of 34%, while home deliveries rose 12% to 2,771 homes. The company also saw a 17% rise in net new home contracts, totaling 3,120 homes. Its backlog improved to 4,446 homes valued at $1.8 billion. Notably, EBITDA increased 142% to $173.2 million. Century expanded its credit line by $800 million and initiated a quarterly dividend of $0.15 per share.

Century Communities, Inc. (NYSE: CCS) has launched its second community in the Sonterra West development in Jarrell, TX. The new construction homes are priced from the upper $200s and feature versatile floor plans with open-concept layouts. Buyers can choose from six single-story and seven two-story plans, offering 3 to 5 bedrooms and up to 2,560 square feet. This community provides residents with access to amenities like a clubhouse, pool, and scenic surroundings, while maintaining proximity to major cities like Austin and Waco.

Century Communities, a leading homebuilder, announced the upcoming release of new homes across five communities in the Atlanta metro area, scheduled to open by fall 2021. Prices for these homes will start in the mid $300s. Highlights include innovative designs with smart home features, located near key amenities and attractions. The communities are Fairburn's Southwind, Dallas' Summit Pointe, Canton's Carmichael Farms, and Sugar Hill's Level Creek and Sardis Falls. The developments aim to meet increasing demand in sought-after areas, enhancing homebuyer options.

Century Communities (NYSE: CCS), a prominent homebuilder, has announced the launch of six new communities in North Carolina under its Century Complete brand. These include versatile options of single-family homes and townhomes, with pricing ranging from the mid $100s to the low $200s. The homes feature appealing layouts and modern amenities such as stainless-steel appliances and granite countertops. The new communities are strategically located with access to recreational areas and essential amenities, enhancing value for prospective buyers.

Century Communities (NYSE: CCS) announced it will release its Q2 2021 financial results on July 28, 2021, after market close. A conference call to discuss these results and recent events will be held that day at 5:00 p.m. Eastern time. Investors can access the call via their website and are encouraged to register 15 minutes in advance. Century Communities, one of the top 10 national homebuilders, operates in 17 states and offers a range of services including home construction, title, insurance, and lending.