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. (NYSE: CCS) maintains its position as a leading national homebuilder through strategic market execution and an integrated construction model. This news hub provides investors and industry observers with essential updates about the company’s operational milestones, financial performance, and market developments.
Access authoritative information including quarterly earnings reports, partnership announcements, and regulatory filings. Our curated collection of press releases and verified news articles helps stakeholders track CCS’s progress in key markets like Texas, Georgia, and Colorado while monitoring broader trends in residential construction and mortgage services.
Key updates include community expansion initiatives, leadership changes, sustainability efforts, and innovations in digital homebuying platforms. All content is sourced from official company communications and reputable financial publications to ensure reliability.
Bookmark this page for streamlined access to CCS developments that could influence investment decisions and sector analysis. Combine this resource with SEC filings and earnings call transcripts for comprehensive due diligence.
Century Communities has announced a new quarterly cash dividend of $0.15 per share, equating to $0.60 per share annually. This dividend will be paid on June 16, 2021, to stockholders of record by June 2, 2021. Chairman Dale Francescon emphasized the company's growth and profitability, while Co-CEO Rob Francescon expressed confidence in sustaining profitable growth and returning capital to shareholders. This marks a significant development in CCS's commitment to shareholder value post its public offering seven years ago.
Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, is scheduled to present at the 14th Annual J.P. Morgan Homebuilding & Building Products Conference on May 19, 2021, at 3:10 p.m. Eastern time. The presentation will be accessible through the Investor Relations section of Century's website, with a replay available post-event. Century Communities operates in 17 states and offers a range of services, including title, insurance, and lending, through its subsidiaries. For further details, visit www.centurycommunities.com.
Century Communities, Inc. (CCS) reported remarkable financial results for Q1 2021, achieving a record net income of $101.7 million, up 289% year-over-year. Home sales revenue surged 67% to $959.3 million, driven by a 50% increase in home deliveries, totaling 2,797 units. The company’s backlog reached a record 4,097 homes valued at $1.6 billion, reflecting a 58% increase. Strong operational efficiencies improved gross margins to 21.1% and SG&A expenses decreased to 9.6% of revenues. With total liquidity of $1.2 billion and a net debt to net capital ratio of 19.9%, Century remains poised for growth.
Century Communities (NYSE: CCS) has announced the grand opening of model homes for sales at its Deerbrooke community in Leander, Texas. This planned community features resort-style amenities, including a fitness center, dog park, and miles of trails. Homebuyers can select from eight floor plans, with homes priced from the mid $300s. The community emphasizes a prime location in the Austin Metro area, with nearby parks, schools, and shopping options. Tours of the Knox model home begin on April 23, 2021, showcasing versatile home designs aimed at a broad range of buyers.
Century Communities (NYSE: CCS) plans to build over 400 homes in Conroe, Texas, with two new communities named Granger Pines and Caney Mills. These developments will feature homes from the Liberty Collection, starting in the low $200s. Buyers can choose from various single- and two-story floor plans, including modern amenities like the Century Home Connect smart home package. Granger Pines will have 122 homesites and Caney Mills 290, with projected sales starting in fall 2021. The areas are strategically located near major highways, schools, and parks, catering to growing demand in the Houston Metro area.
Century Communities (NYSE: CCS) announced the opening of a new model townhome at Coal Creek Commons in Erie, Colorado, set for April 9, 2021. The showcase features the Residence 602 floor plan, with two stories, a covered porch, and 5-piece bath. The community offers diverse ranch and two-story layouts with up to three bedrooms and attached garages. Priced from the low $400s, it includes a home automation package and amenities such as a community pool. Proximity to Denver and Boulder adds to its appeal.
Century Communities, Inc. (NYSE: CCS) will host a Grand Opening event for its new community, Weddington Pointe, in Union County, NC, on April 10-11, 2021. The community offers a variety of ranch and two-story homes with prices starting from the high $200s, featuring 3 to 5 bedrooms and up to 2,850 square feet. Located near downtown Monroe and less than an hour from Uptown Charlotte, Weddington Pointe includes community amenities such as a pool and clubhouse. Homes are selling quickly, emphasizing the demand in the area.
Century Communities is expanding its Century Complete brand into North Florida, launching six new communities in 2021, primarily in the Panhandle and Jacksonville regions. These new homes will feature modern amenities and range in price from the high $100s to the mid $200s. Homebuyers will benefit from an innovative online purchasing process that simplifies buying. The communities will mostly consist of single-family homes, with various floor plans available. This expansion is part of Century's strategy to capitalize on the growing demand for affordable housing in scenic locations.
Century Communities (NYSE: CCS) has launched Fairway Farms, a new residential community in Tomball, Texas, with homes priced from the low $200s. This community features nearly 200 homes with single- and two-story options, showcasing popular designs and modern amenities including granite countertops and smart home technology. Conveniently located near the Houston Metro area, Fairway Farms offers access to green spaces and parks. The sales center is located at 25603 Pinyon Hill Trail, Tomball, TX 77375. Interested buyers can visit the company's website for more details.
