Welcome to our dedicated page for Century Communit news (Ticker: CCS), a resource for investors and traders seeking the latest updates and insights on Century Communit stock.
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) 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.
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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.
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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.