Century Communities beats Q2 earnings and revenue estimates
Century Communities reported quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $0.63 per share by over 106%. Revenue for the quarter ended June 2026 came in at $927.23 million, surpassing the consensus estimate by 9.86% but down from $1 billion a year ago. The company has now exceeded consensus EPS estimates in all of the last four quarters. Shares of Century Communities have gained about 7.5% year-to-date, trailing the S&P 500's 9.7% advance. The stock currently carries a Zacks Rank #3, or Hold, with consensus estimates for the next quarter at $0.98 per share on $971 million in revenue.
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Heartland Value Plus Fund Sees Significant Upside in Century Communities Shares on Housing Demand
Heartland Value Plus Fund highlighted Century Communities as a non-AI holding trading at a historically low valuation of 0.81 times book value, arguing that even small improvements in housing demand could provide meaningful upside. The fund noted that patient capital has driven multiple takeovers in the homebuilding space, including Berkshire Hathaway's acquisition of Taylor Morrison at 1.1 times book value and Sumitomo's purchase of Tri Pointe Homes at 1.2 times book value. Century Communities, a Denver-based builder of single-family homes, continues to buy back stock and grow its dividend, meeting two of the fund's three capital allocation signals. Shares of Century Communities closed at $65.28 on July 14, 2026, with a market capitalization of $1.88 billion.
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Zelman Downgrades Century Communities to Underperform
Zelman downgraded Century Communities to Underperform from Neutral on July 7. The homebuilder reported first-quarter 2026 net income of $24.4 million, or $0.84 per diluted share, on total revenues of $789.7 million. Adjusted homebuilding gross margin rose 140 basis points sequentially to 19.7%, and the company repurchased 617,087 shares for $40.0 million.
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Century Complete Announces New Homes Coming to DL Ranch in Lake Havasu City
Century Complete, a brand of Century Communities, announced that its new community DL Ranch is coming soon to Lake Havasu City, Arizona, offering one-story single-family homes from the low $300s. The community will feature several floor plans ranging from 1,290 to 1,815 square feet with 3 to 4 bedrooms and 2 bathrooms, including modern finishes such as quartz countertops, LG stainless-steel appliances, Kohler water fixtures, luxury vinyl plank flooring, and covered patios. Located north of Lake Havasu City near boating, hiking, golfing, and off-road recreation along the Colorado River, DL Ranch is designed to meet demand for attainable new-construction housing in the area. Homebuyers can join the interest list now and will have access to Century Complete's online homebuying process, which allows purchasing 24/7 with electronic contract signing.
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Century Complete Opens Bright Leaf Community in Wilson, NC from the Upper $200s
Century Complete has begun selling homes at its new Bright Leaf community in Wilson, North Carolina, with prices starting from the upper $200s. The community offers one- and two-story floor plans ranging from 1,684 to 2,180 square feet, featuring 4 to 5 bedrooms and up to 3 bathrooms. Homes include white cabinetry, quartz countertops, Kohler fixtures, LG stainless-steel appliances, luxury vinyl plank flooring, and primary suites with walk-in closets. Bright Leaf is located on Baybrooke Drive, providing easy access to Raleigh, Rocky Mount, and Goldsboro, and is less than 2.5 miles from elementary, middle, and high schools. The company is also running a Stars and Stripes July 4th sales event with limited-time savings.
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Century Communities Opens Echo Grove in Cumming, Georgia
Century Communities has announced the grand opening of Echo Grove, a new single-family home community in Cumming, Georgia. The community offers estate-sized homesites with ranch and two-story floor plans ranging from 2,770 to 3,829 square feet, featuring three to five bedrooms and two-and-a-half to five-and-a-half bathrooms. Homes include two-car garages with side-entry and optional three-car detached garages, quartz countertops, tile backsplash, LG stainless-steel appliances, a built-in wall oven, and a gas cooktop. Pricing is expected to start from the low $600,000s. The location provides access to the highly rated Forsyth County School District, is close to Lake Lanier, and is convenient to shopping and Highway 400. A grand opening event is scheduled for Saturday, June 27, with a VIP ribbon-cutting and model home preview for real estate agents on June 25.
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Century Communities to Debut Signature Collection at Trails at Smoky Hill in Parker, Colorado
Century Communities will introduce a new Signature Collection of homes at The Preserve, a new phase within the Trails at Smoky Hill community in Parker, Colorado. The collection features six ranch and two-story floor plans ranging from 2,948 to 4,355 square feet, with 3 to 5 bedrooms, 3.5 to 5.5 bathrooms, and oversized three-car garages, with four-car options available, on homesites spanning a quarter-acre to one acre. A grand opening event is scheduled for Saturday, June 27, from 11 a.m. to 2 p.m., where attendees can tour the Montclair and Hamilton model homes. Pricing will start from the high $900,000s, and a limited number of homesites are available. The community is located near E-470, offering convenient access to the Denver Tech Center and outdoor recreation such as Aurora Reservoir.
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Century Communities Debuts Three Home Collections at Evelyn in Northeast Austin
Century Communities has debuted Evelyn, a new single-family home community in Northeast Austin, at a June 13 Grand Opening event. The community introduces three distinct home collections—Aire, Vue, and Lux—featuring a total of 25 ranch and two-story floor plans, with homes priced from the $300s to the $500s. Two model homes showcasing the Bristol and Heron plans are now open for tours, and planned amenities include a pool, splash pad, ponds, playgrounds, and hiking-and-biking trails. Evelyn is located near major employers such as Tesla and Samsung facilities, with quick access to I-35 and downtown Austin. The launch comes one week after the company debuted Cloverleaf in South Austin, expanding its presence in the region.