Century Communit Stock Price, News & Analysis

Century Communities (NYSE: CCS) has announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share. The dividend will be paid on December 11, 2024, to stockholders of record as of the close of business on November 27, 2024.

Century Communities announced a model grand opening event on November 9 at Liberty Bay Vista, their new community in Poulsbo, Washington. The development offers single-family homes starting from the high $700s, featuring 3 to 5 bedrooms and ranging from 2,219 to 3,392 square feet. Select lots provide views of Liberty Bay and basement options. The homes include premium features like quartz countertops, luxury vinyl plank flooring, and the Century Home Connect® smart home package. Community amenities include a playground, walking trails, park, and basketball courts, with convenient access to downtown Poulsbo.

Century Communities (NYSE: CCS) has unveiled a new model home at their Rancho Colorado development in Bullhead City, Arizona. The community features ranch-style homes starting from the $240s, with floor plans ranging from 1,155 to 1,815 square feet. The development offers over 150 single-family homesites with up to 4 bedrooms and 2 bathrooms. Standard features include granite countertops, Kohler® fixtures, stainless-steel appliances, and covered patios. Located less than a mile from the Colorado River, the community showcases the Verbena plan model home and offers Century Complete's online homebuying experience.

Century Communities (NYSE: CCS) has launched sales of new homes at Pattison Place in Olympia, Washington. The development offers two-story single-family homes priced from the mid $500s, featuring 3 to 4 bedrooms, 2.25 bathrooms, and 2-bay garages. Home sizes range from 1,959 to 2,745 square feet. Premium features include quartz countertops, front and backyard landscaping, luxury vinyl plank flooring, large kitchen islands, and primary suites with bathrooms and walk-in closets. The community is located just three miles from downtown Olympia, near the southern tip of the Puget Sound.

Century Communities (NYSE: CCS) announces Grand Opening events for two new home communities in Merced, California: Sundial at Bellevue Ranch and Solera III, bringing a total of 156 new homesites to the area. The events will take place on October 26 from 12 to 3 p.m., featuring model tours and special savings. Sundial at Bellevue Ranch offers homes from the mid $400s with 3-5 bedrooms and 1,415-2,287 square feet, while Solera III starts from the low $400s with 3 bedrooms and 1,290-1,777 square feet. Both communities feature single and two-story floor plans with modern open-concept designs on generous homesites.

Century Communities (NYSE: CCS) reported strong Q3 2024 results with home sales revenues of $1.1 billion, up 29% year-over-year. The company achieved record-breaking deliveries of 2,834 homes, representing a 25% increase, while net new home contracts grew 19% to 2,563. The company reached a record community count of 305, up 21% YoY. Net income was $83.0 million ($2.59 per diluted share), with adjusted net income of $87.0 million ($2.72 per diluted share). The company maintained strong margins with adjusted homebuilding gross margin of 23.6%. Century Communities increased its 2024 guidance, projecting 10,900-11,300 home deliveries and sales revenues of $4.3-4.4 billion.

Century Communities has announced the launch of its fourth new home community, Kendall Glades, in the Huntsville metro area through its Century Complete brand. Located in Toney, Alabama, just 17 miles from Huntsville, Kendall Glades offers affordable single-family homes starting from the $250s. The community features 80 homesites with single- and two-story floor plans, up to 5 bedrooms, 3 bathrooms, and 2,180 square feet.

Homes include desirable features such as granite countertops, Kohler® fixtures, and stainless-steel appliances. Century Complete also provides an online homebuying experience for all available homes in Alabama, allowing buyers to easily find and purchase their ideal home while working with their chosen real estate agent. The company offers additional communities in the Huntsville area, including Laurenwood in Athens, Bermuda Lakes in Meridianville, and Ramsay Cove in Owens Cross Roads.

Century Communities, a top U.S. homebuilder, announces a significant expansion of new home offerings in the Greater Nashville area. The company is launching multiple new communities in growing locations like Pleasant View, Lebanon, and Murfreesboro. These include:

1. Slatewood in Murfreesboro: Opening in November, priced from the $700s.
2. Averitt Landing in Lebanon: Under construction and pre-selling from the low $500s.
3. Canebrake at Hickory Hills in Old Hickory: Under construction and pre-selling from the high $400s.
4. Morgan's Place in Ashland City: Now selling from the high $300s.
5. Highland Reserves in Pleasant View: Now selling from the high $400s.

These communities offer a variety of single-family detached homes with different floor plans, amenities, and price points. Century Communities also highlights its online homebuying experience, allowing customers to purchase homes entirely online.

Century Communities announced the upcoming launch of The Landings, a new home community in Vine Grove, Kentucky, set to open for sales in October. The development, part of the company's Century Complete brand, will offer affordable single- and two-story homes starting from the $280s. The community will feature:

• 120+ homesites
• Up to 4 bedrooms and 3 bathrooms
• Homes up to 2,376 square feet
• Open-concept layouts with included features like granite countertops and stainless-steel appliances

Located near downtown Vine Grove, The Landings provides easy access to attractions such as Fort Knox, Elizabethtown, and Bernheim Arboretum and Research Forest. Century Communities emphasizes its industry-leading online homebuying process, allowing customers to purchase homes 24/7 through their website.