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Century Communities, Inc. reports developments in U.S. homebuilding under the Century Communities and Century Complete brands. Its updates cover new-home community openings, model home debuts, expanded floor plan lineups, and single-family home offerings across markets such as Texas, Washington, Florida, and Georgia. The company also highlights its online homebuying experience and related mortgage, title, insurance brokerage, and escrow services offered through subsidiaries in select markets.
Recurring news also includes quarterly operating results, home deliveries, community count, financial-services performance, cash dividends, and capital-return actions tied to its homebuilding and finance activities.
Century Communities, Inc. (NYSE: CCS) announced it will release its fourth quarter and full-year 2021 financial results on February 2, 2022, after market close. A conference call will follow at 5:00 p.m. Eastern time to discuss the results and recent events. Interested parties can access the call via the Company's website. The Company operates in 17 states with a focus on homebuilding and related services, including title and lending.
Century Communities is expanding its Century Complete brand into Gainesville, Florida, targeting the growing homebuying market. The company will introduce three new communities in High Springs, Lake City, and Live Oak, featuring single-family homes with prices starting from the low $200s. Each home includes modern features such as granite countertops and stainless-steel appliances, with spacious layouts up to 2,014 square feet. This expansion highlights Century Communities' commitment to innovative online homebuying processes, allowing customers to purchase homes conveniently.
Century Communities, a top 10 national homebuilder, is sponsoring the 31st annual Christmas for Kids event by the Denver Active 20-30 Children's Foundation on December 11, 2021. This event aims to support underprivileged children in the Denver area by providing each child with a $100 budget for holiday shopping, along with assistance in budgeting and wrapping gifts. The foundation has raised nearly $14 million since 1987 to benefit disadvantaged children. The event will implement health precautions to ensure safety during in-person activities.
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Century Communities (NYSE: CCS), a prominent homebuilder, has declared a quarterly cash dividend of $0.15 per share. This dividend will be distributed on December 15, 2021, to shareholders recorded as of the close of business on December 1, 2021. The company's operations span across 17 states and over 40 markets in the U.S., providing a wide range of homebuilding services, including land acquisition and lending services through its subsidiaries. To learn more, visit Century Communities.
Century Communities is expanding its presence in the Houston Metro area by launching five new Century Complete communities. These sites will feature single-family homes priced from the low $200s, with over 250 available homes. Each community will offer multiple contemporary floor plans, focusing on online homebuying. Key locations include Willis, Bryan, Huntsville, and Snook, with plans ranging in size and accommodating 3 to 5 bedrooms. This expansion reflects Century's commitment to affordable and accessible housing.
Century Communities, Inc. (NYSE: CCS) reported strong third quarter results for 2021, achieving record revenues of $958 million, a 21% year-over-year increase. Net income surged 129% to $114 million, or $3.31 per diluted share. Key highlights include a gross margin improvement to 25.7% and EBITDA rising by 87% to $162.9 million. Backlog reached 4,866 homes valued at $1.9 billion. With a return on equity (ROE) of 31%, the company showcases robust growth and operational efficiency despite challenges in the housing market.
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Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, announces the Grand Opening of the second phase at Summerfield Estates in Provo, Utah on October 9. This development features a variety of single-family homes priced from the $600s, with spacious floor plans accommodating 3 to 6 bedrooms. Located near popular destinations like Downtown Provo and several universities, this community appeals to homebuyers seeking convenience and modern design. According to Utah Division President David Vitek, the project aims to increase homeownership opportunities in this exceptional location.