Century Communities to Launch Over 100 Homes in Alvarado, TX
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 46m ago
0mins
Source: Newsfilter
- Community Planning Highlights: Century Communities is set to introduce over 100 modern single- and two-story homes in the Lone Oak community in Alvarado, which is expected to attract numerous homebuyers and further solidify its market leadership in Texas.
- Grand Opening Event: The company plans a grand opening event on January 31, featuring tours of the Cumberland model home, giveaways, and limited-time offers, aimed at enhancing customer engagement and driving sales.
- Home Features: The new homes will include 3 to 4 bedrooms, 2 to 3 bathrooms, and 2-bay garages, with sizes ranging from 1,508 to 2,260 square feet, designed to be stylish and functional to meet diverse family needs.
- Online Homebuying Experience: Century Communities offers an industry-first online homebuying experience, allowing buyers to easily complete the purchasing process through its website, significantly enhancing customer convenience and satisfaction.
Analyst Views on CCS
Wall Street analysts forecast CCS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCS is 56.00 USD with a low forecast of 56.00 USD and a high forecast of 56.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 69.090
Low
56.00
Averages
56.00
High
56.00
Current: 69.090
Low
56.00
Averages
56.00
High
56.00
About CCS
Century Communities, Inc. is a homebuilder that specializes in online home sales. It is engaged in all aspects of homebuilding - including the acquisition, entitlement and development of land, along with the construction, marketing and sale of homes designed to appeal to a range of homebuyers. It builds and sells homes under its Century Communities and Century Complete brands. Its homebuilding operations are organized into five reportable segments: West, Mountain, Texas, Southeast and Century Complete. Its indirect wholly owned subsidiaries, Inspire Home Loans Inc., Parkway Title, LLC, IHL Home Insurance Agency, LLC, and IHL Escrow Inc., which provide mortgage, title, insurance brokerage and escrow services, respectively, primarily to its homebuyers, have been identified as its Financial Services segment. Additionally, its Century Living segment is engaged in the development, construction, management, and disposition of multi-family rental properties, currently all located in Colorado.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
