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Century Communities — Third Quarter 2026 Earnings Summary

  • Total revenues declined 11.8% year-over-year to $864.5 million, while net income fell to $12.6 million ($0.44 per diluted share) from $37.4 million in the prior year quarter; adjusted homebuilding gross margin was 19.3%, excluding $19.6 million in inventory impairment charges.
  • Full-year 2026 guidance was revised to project home deliveries between 9,350 and 9,650 and home sales revenues between $3.3 billion and $3.4 billion, reflecting the impact of rising interest rates and macroeconomic uncertainty on consumer confidence.
  • The company acquired substantially all assets of HistoryMaker Homes on October 7, 2026, tripling the Dallas division's trailing-twelve-month deliveries to 669 homes and increasing the active community count to a record 343.
  • Capital allocation included the repurchase of 169,903 shares for $11.6 million and the maintenance of a $0.32 quarterly cash dividend, alongside an amendment to the revolving line of credit increasing capacity to $1.2 billion with maturity extended to November 2030.
Company
CENTURY COMMUNITIES INC
Sector
Consumer Cyclical
Industry
Residential Construction