Century Communities, Inc ( (CCS) ) has released its Q2 earnings. Here is a breakdown of the information Century Communities, Inc presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Century Communities, Inc. is one of the largest homebuilders in the United States, known for its focus on building high-quality, affordable homes across 16 states and over 45 markets. The company also offers mortgage, title, insurance brokerage, and escrow services through its subsidiaries.
In its second quarter of 2025, Century Communities reported a net income of $34.9 million, or $1.14 per diluted share, with total revenues reaching $1.0 billion. The company delivered 2,587 homes and achieved a record community count of 327, despite facing challenges such as elevated mortgage rates and economic uncertainty.
Key financial highlights include an adjusted net income of $42.1 million, or $1.37 per diluted share, and a book value per share of $86.39, marking a company record. The company repurchased approximately 3% of its outstanding shares, reflecting a strong balance sheet with $2.6 billion in stockholders’ equity and $858 million in liquidity. The community count grew by 23% year-over-year, and the company maintained its quarterly cash dividend of $0.29 per share.
Looking ahead, Century Communities anticipates delivering between 10,000 to 10,500 homes for the full year 2025, with home sales revenues projected to be between $3.8 billion and $4.0 billion. The company remains committed to its disciplined capital allocation approach and expects continued growth in its community count by the end of the year.