- Home Sales Revenues of $1.1 Billion Increased 29% YoY -- Deliveries of 2,834 Homes Increased 25% YoY -- Net New Home Contracts of 2,563 Increased 19% YoY -- Community Count of 305, a Company Record, Increased 21% YoY - GREENWOOD VILLAGE, Colo., Oct. 23, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), one of the nation's largest homebuilders, today announced financial results for its third quarter ended September 30, 2024.Third Quarter 2024 HighlightsNet income of $83.0 million, or $2.59 per di ...

U.S. homebuilders are a lot more confident than they were earlier in the year as inflationary pressures continue to ease. With the Federal Reserve finally beginning its easing cycle last month with a jumbo rate cut, homebuilders are confident that mortgage rates will ease in the near term and will boost sales.Given this situation, investing in homebuilding stocks like KB Home (KBH) , Toll Brothers Inc. (TOL) , Century Communities, Inc. (CCS) and Tri Pointe Homes, Inc. (TPH) would be an ideal choice.Homebuil ...

Top U.S. builder expands new home offerings in growing locations like Pleasant View, Lebanon and Murfreesboro NASHVILLE, Tenn., Oct. 21, 2024 /PRNewswire/ -- Century Communities, Inc.—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 a significant expansion of new home offerings in the Greater Nashville area with several new communities: Slatewood in Murfreesboro (opening in Nove ...

Century Communities, Inc. (CCS) is set to report its third-quarter 2024 results on Oct. 23 after market close.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 7.7% and increased 65.6% year over year. Net sales missed the consensus mark by 0.4% but increased 23.1% from the prior-year quarter’s level.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.CCS’ bottom line topped the consensus mark in each of the trailing four quarters, with an avera ...

Builder confidence is showing a sign of improvement as inflation gradually eases and homebuilders expect mortgage rates to stabilize in the coming months. This shift in sentiment marks a positive trend for the housing market, with builders feeling more optimistic despite ongoing affordability and higher home price challenges. Builder confidence has increased for the second consecutive month, indicating a significant shift in sentiment among builders. HMI Indices and Price Reduction Trends According to the N ...

Low consumer confidence, declining spending on private residential construction and rising material costs are marring the prospects of the Zacks Building Products - Home Builders industry. Consumers are adopting a more cautious stance toward their disposable income and appearing to shift toward essentials. Nonetheless, the Fed's recent rate cut, combined with the shortage of homes available for sale and the strong demand for homeownership, is expected to drive growth for the industry players. Companies have ...

It has been a wild ride for shareholders of Century Communities (NYSE: CCS ) over the past couple of years. Since I last reaffirmed my 'buy' rating on the stock in April of this year, shares are up a Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and ...

Rose Glen now selling detached condo floor plans from the $700s UPLAND, Calif., Sept. 26, 2024 /PRNewswire/ -- 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 Rose Glen, the company's anticipated gated community in Upland, is now selling from the $700s. Offering a desirable location with no Mello-Roos tax, Rose Glen features low-mainte ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

The Townes at Union Village to offer modern two-story townhomes near Henderson Hospital HENDERSON, Nev., Sept. 24, 2024 /PRNewswire/ -- 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 plans to host a Grand Opening event on Saturday, September 28 from 10 a.m. to 2 p.m. for The Townes at Union Village, offering modern townhomes in a convenien ...