Accessibility StatementSkip Navigation Ranch-style homes now available at gated community near golf course, starting from the low $300s BULLHEAD CITY, Ariz., Oct. 28, 2025 /PRNewswire/ --Â Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced that North Fork at Laughlin Ranch, a new gated community from the Company's Century Complete brand, is no ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Core Insights - Century Communities, Inc. has launched new homes under its Century Complete brand in Valparaiso, Indiana, with prices starting from the mid $300s [1][4] - The company is recognized as a leader in online home sales and has been featured in Newsweek's lists of America's and the World's Most Trustworthy Companies [1][8] - The new community, Timberland Farms, offers modern two-story floor plans with various premium features and is located near several amenities, including Valparaiso University and Indiana Dunes National Park [3][6] Company Overview - Century Communities, Inc. is one of the largest homebuilders in the U.S., operating in 16 states and over 45 markets [8] - The company provides a comprehensive range of services, including home construction, marketing, and sales, as well as mortgage and insurance services through its subsidiaries [8] - The mission of the company is to build attractive, high-quality homes at affordable prices, aiming to provide "A HOME FOR EVERY DREAM" [8] Product Offering - Timberland Farms features two-story floor plans with up to 5 bedrooms and sizes reaching 2,180 square feet [6] - Homes include modern amenities such as quartz countertops, stainless-steel appliances, and luxury wood-look flooring [6] - The community is designed to appeal to a wide range of homebuyers, with options for private studies, flex spaces, and game rooms [2][6] Location and Accessibility - Timberland Farms is situated in a small-town environment with convenient access to urban and outdoor amenities [3] - The community is zoned for the highly rated Duneland School Corporation, enhancing its appeal to families [3] - The location is approximately 20 miles from Gary and 50 miles from Chicago, providing a balance of suburban living with city accessibility [6] Online Homebuying Experience - Century Complete offers an industry-first online homebuying process, allowing buyers to purchase homes 24/7 while still working with local real estate agents [5][11] - The online process includes steps such as filling out a Buy Online form and electronically signing contracts, streamlining the homebuying experience [11]

Group 1 - The core viewpoint is that Century Communities, Inc. (NYSE: CCS) was downgraded to hold due to poor housing data and a weak market outlook, leading to a decline in stock value [1] - The author has a long position in CCS shares, indicating a personal investment interest in the company [1] - The blog "One-Twenty Two" provides unique perspectives on financial markets, covering various assets including stocks, options, currencies, and Bitcoin, utilizing both technical and fundamental analysis [1] Group 2 - The article does not provide any specific financial data or performance metrics related to Century Communities, Inc. or the housing market [2]

Group 1 - The core viewpoint is that Century Communities, Inc. (NYSE: CCS) was downgraded to hold due to poor housing data and a weak market outlook, leading to a decline in stock value [1] - The author has a long position in CCS shares, indicating a personal investment interest in the company [1] Group 2 - The blog "One-Twenty Two" provides unique perspectives on financial markets, covering various assets including stocks, options, currencies, and Bitcoin [1] - The author has extensive experience in financial markets, having navigated through significant events such as the dot-com bubble, the financial crisis, and the coronavirus pandemic [1]

Core Insights - Century Communities, Inc. is expanding its presence in DeFuniak Springs, Florida, with the launch of two new communities: South Orange Crest, which is currently selling, and The Enclave at Cat Island Estates, set to open in November [1][3]. Group 1: New Developments - South Orange Crest features cottage-style homes starting from the low $200s, while The Enclave at Cat Island Estates will offer single-family homes [5]. - Both communities are designed with modern, open-concept layouts and include high-quality finishes such as quartz countertops, luxury wood-look plank flooring, and stainless-steel appliances [3][4]. Group 2: Location and Accessibility - The new communities are strategically located in DeFuniak Springs, providing easy access to major destinations like Panama City and Pensacola, as well as proximity to Emerald Coast beaches and local amenities [4]. Group 3: Online Homebuying Experience - Century Complete offers an industry-first online homebuying experience, allowing buyers to find and purchase homes easily while still working with their local real estate agents [5][8]. - The online process includes financing options through Century Complete's affiliate lender, Inspire Home Loans [5]. Group 4: Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and has been named one of America's and the World's Most Trustworthy Companies by Newsweek [8]. - The company operates in 16 states and over 45 markets, providing a range of services including mortgage, title, and insurance brokerage through its subsidiaries [8].

Core Insights - Century Communities reported revenue of $980.28 million for Q3 2025, a year-over-year decline of 13.8%, with EPS of $1.52 compared to $2.72 a year ago, indicating a significant drop in profitability [1] - The revenue exceeded the Zacks Consensus Estimate of $972.9 million by 0.76%, while the EPS surprised positively by 76.74% against the consensus estimate of $0.86 [1] Financial Performance Metrics - Net New Home Contracts were reported at 2,386, slightly above the estimated 2,378 [4] - Average Sales Price for Home Deliveries was $384.20, exceeding the estimate of $377.50 [4] - Backlog of Homes stood at 1,117, below the average estimate of 1,194 [4] - Home Deliveries totaled 2,486, surpassing the estimated 2,400 [4] - Financial services revenues were $19.36 million, above the estimate of $18.38 million, but represented a 3.7% decline year-over-year [4] - Total homebuilding revenues were $960.93 million, slightly above the average estimate of $954.53 million, reflecting a 14% year-over-year decline [4] - Home sales revenues were reported at $955.16 million, below the estimated $977.7 million, marking a 14.4% decrease compared to the previous year [4] Stock Performance - Shares of Century Communities have returned -3.8% over the past month, contrasting with the Zacks S&P 500 composite's +1.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Insights - The article discusses the importance of enabling Javascript and cookies in browsers to ensure proper functionality and access to content [1] Group 1 - The article emphasizes that users may be blocked from proceeding if an ad-blocker is enabled [1]

Financial Performance - For the three and nine months ended September 30, 2025, the company generated total revenues of $980.3 million and $2.9 billion, respectively, compared to $1.1 billion and $3.1 billion in the prior year periods[110]. - The company reported net income of $37.4 million, or $1.25 per diluted share, for the three months ended September 30, 2025, down from $83.0 million, or $2.59 per diluted share, in the prior year[109]. - Total revenues for Q3 2025 were $980.3 million, a decrease of 13.8% from $1,136.9 million in Q3 2024[113]. - Net income for Q3 2025 was $37.4 million, a decline of 55.1% compared to $83.0 million in Q3 2024[113]. - For the nine months ended September 30, 2025, total revenue was $2,884.2 million, a decrease from $3,124.9 million in the same period of 2024, representing a decline of 7.7%[118]. - Net income for the nine months ended September 30, 2025, was $98.4 million, a decline from $307.5 million in 2024[154]. - Adjusted EBITDA for the nine months ended September 30, 2025, was $238.6 million, down from $381.3 million in the same period of 2024[113]. - Adjusted net income for Q3 2025 was $45,711, down 48.2% from $88,572 in Q3 2024[197]. - Adjusted diluted earnings per share (EPS) for Q3 2025 was $1.52, a decline of 45.1% from $2.77 in Q3 2024[197]. Home Deliveries and Sales - The company delivered 2,486 and 7,357 homes during the three and nine months ended September 30, 2025, with average sales prices of $384.2 thousand and $382.7 thousand, respectively, reflecting a decrease in home deliveries by 12.3% and 5.8% compared to the prior year[110]. - The number of homes delivered in Q3 2025 was 2,486, a decrease of 12.3% from 2,834 homes in Q3 2024[113]. - Home sales revenues in Q3 2025 were $955.2 million, down 14.4% from $1,116.1 million in Q3 2024[113]. - The average sales price of homes delivered in Q3 2025 was $384.2 thousand, down from $393.8 thousand in Q3 2024[113]. - The average sales price of new homes delivered decreased to $382.7 thousand in 2025 from $391.3 thousand in 2024, a reduction of 1.5%[118]. - The backlog at the end of Q3 2025 included 1,117 homes with an aggregate sales value of $416.9 million, compared to 1,580 homes valued at $671.4 million at the end of Q3 2024[113]. - The average sales price of backlog units decreased by 12.1% to $373.3 thousand, influenced by higher incentives and a change in community mix[146]. Contracts and Market Conditions - Net new home contracts decreased by 6.9% and 7.1% for the three and nine months ended September 30, 2025, totaling 2,386 and 7,624 contracts, respectively[110]. - Net new home contracts in Q3 2025 were 2,386, a decrease from 2,563 contracts in Q3 2024[113]. - The company anticipates that homebuilding markets will continue to be influenced by macro-economic conditions, including interest rates and consumer confidence, which may impact future demand for homes[106]. - The average monthly absorption rate decreased by 13.8% to 2.5 in Q3 2025 compared to Q3 2024, and by 20.6% to 2.7 for the nine months ended September 30, 2025, primarily due to slowing demand and elevated mortgage rates[143]. Financial Services and Assets - The Financial Services segment generated income before income tax expense of $3.0 million and $11.6 million for the three and nine months ended September 30, 2025, representing decreases of 2.7% and 38.4% from the prior year[112]. - The number of mortgages originated decreased by 6.3% for the nine months ended September 30, 2025, totaling 4,796 loans compared to 5,118 in 2024[125]. - The company recorded a decrease in Financial Services assets by 31.9% to $326.2 million as of September 30, 2025, due to a reduction in mortgage loans held for sale[140]. Debt and Liquidity - The company ended the third quarter of 2025 with $130.1 million in cash and cash equivalents and $44.7 million in cash held in escrow, with a homebuilding debt to capital ratio of 34.5%[111]. - The total debt as of September 30, 2025, was $1.66 billion, compared to $1.48 billion as of December 31, 2024[170]. - The company had $1.0 billion in total principal amount of Senior Notes outstanding as of September 30, 2025[147]. - The company believes it can fund its current liquidity needs for at least the next twelve months with cash on hand and cash generated from operations[161]. - The company has a senior unsecured revolving credit facility of up to $1.0 billion, with $339.0 million outstanding as of September 30, 2025, at an interest rate of 5.7%[180]. Operational Adjustments - The company strategically managed its lot pipeline, resulting in 62,239 lots owned and controlled as of September 30, 2025, while selectively reducing land acquisition activities[111]. - The total owned and controlled lot inventory as of September 30, 2025, was 62,239 lots, down from 80,121 lots in the previous year[113]. - The company reduced its land acquisition and development activities by terminating certain contracts that no longer met investment criteria, reflecting current market conditions[158]. - The company is exploring opportunities to acquire other homebuilders to enhance its land portfolio and support organic expansion[167]. Expenses and Margins - Homebuilding gross margin percentage for Q3 2025 was 17.9%, compared to 21.7% in Q3 2024[113]. - Homebuilding gross margin percentage decreased to 18.4% for the nine months ended September 30, 2025, down from 21.9% in the same period of 2024[128]. - Selling, general and administrative expenses decreased by $13.1 million (9.8%) in Q3 2025 compared to Q3 2024, but as a percentage of home sales revenue increased to 12.6% from 11.9%[134]. - Adjusted homebuilding gross margin excluding inventory impairment for Q3 2025 was 20.1%, down from 23.6% in Q3 2024[132]. Tax and Regulatory - The estimated annual effective tax rate for 2025 is 25.0%, influenced by federal and state statutory rates and certain permanent differences[135]. - Income tax expense for Q3 2025 was $10.4 million, significantly lower than $26.9 million in Q3 2024[138]. - The effective tax rate for adjusted net income was 24.3% for both Q3 2025 and Q3 2024[198]. Market Outlook - The company anticipates that inflation may continue to adversely impact homebuilding operations due to rising costs in land, labor, and materials[203].

Century Communities (CCS) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $2.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +76.74%. A quarter ago, it was expected that this single-family homebuilder would post earnings of $1.16 per share when it actually produced earnings of $1.37, delivering a surprise of +18.1%.Over the last four ...