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. (CCS) has announced the launch of five new residential communities in the Charlotte Metro area, including locations in Union County and Mecklenburg County. The developments feature a combination of single-family homes and townhomes, with pricing starting from the mid $200,000s to the mid $300,000s. Home sizes range from 1,849 to 3,534 square feet and include various floor plans with 3 to 5 bedrooms. Company President Ken Rabel highlighted these offerings as great opportunities for homebuyers.
Century Communities reported a remarkable third quarter of 2020, achieving a 84% increase in net income to $49.8 million or $1.48 per diluted share. Home sales revenues surged 32% to $760.2 million with record home deliveries of 2,283 homes, up 21%. Notably, net new home contracts skyrocketed 57% to 3,204 homes. The company improved its backlog to 3,699 homes valued at $1.3 billion. These results reflect the effectiveness of strategic initiatives and strong demand in the housing market.
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Century Communities (CCS) announces new home offerings in Parker, Colorado, recently named the second-best place to live in America by Money Magazine. The company develops single-family homes, paired homes, and condos across four communities: Alder Village, Anthology, Enclave at Pine Grove, and The Trails at Westcreek. Prices start in the low $300s to mid $400s, catering to diverse homebuyer needs. All communities are situated within the Douglas County School District and provide easy access to local amenities and major transportation routes.
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Century Communities (NYSE: CCS) has announced the Grand Opening of five new home communities in Arizona, South Carolina, and Texas. These communities offer single-family homes under the Century Complete brand, known for its innovative online homebuying process. Homes are priced from the low $100s to the low $200s and feature desirable amenities like granite countertops and stainless-steel appliances. The new locations include Wickenburg Vistas, West Lakes, Cedar Creek, Palmetto Place, and Crockett Reserve, catering to diverse homebuyer needs.
On October 8, 2020, Century Communities (NYSE: CCS) announced the acquisition of land for a new community in Cadence, a prominent area in Henderson, featuring over 450 acres of open space, parks, and amenities like splash pads and sports courts. The new community is set to open in Summer 2021, offering six customizable two-story floor plans with up to 5 bedrooms and 2,947 square feet. This development positions Century Communities to leverage the growing demand for housing in the region, benefiting from a strategic location near Lake Mead and local shopping.
Century Communities (NYSE: CCS) announces the release of its Q3 2020 financial results on October 28, 2020, after market close. A conference call for results discussion and Q&A will follow at 5:00 p.m. Eastern Time. Interested participants can join via a domestic line at 1-877-451-6152 or internationally at 1-201-389-0879. The call will be webcasted on the company's website, where playback will also be available until November 28, 2020.
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On September 21, 2020, Century Communities (NYSE: CCS) introduced Century Home Base, a program aimed at enhancing homebuyer workspaces. This initiative allows buyers to customize home environments with features like built-in desks, soundproof walls, and LED lighting. Century Home Base acknowledges the increased demand for home office solutions, catering to remote workers and virtual learners. Additionally, Century Complete is contributing by providing tips for home workspace customization. Century Communities operates in 17 states and is a leading national homebuilder.