Homebuilder profits slide as century and Green Brick report lower selling prices. Century Communities and Green Brick Partners reported lower average selling prices and weaker profits in third-quarter results released October 28. Two publicly traded homebuilders reported steep declines in third-quarter profits and lower average selling prices Wednesday, offering fresh evidence of pressure on new-home margins even as builders continue using incentives and product changes to reach buyers. Century Communities said net income declined 66.3% from a year earlier to $12.6 million in the quarter ended September 30, 2026. Green Brick Partners reported net income attributable to the company of approximately $59 million, down from $78 million a year earlier. Century: lower selling prices and margin pressure. Century Communities reported revenue of $864.5 million and delivered 2,442 homes. Its average selling price on deliveries fell about 10.2% to $345,000. Homebuilding gross margin declined to 15%, including inventory impairment charges. Management reported 2,284 net new-home contracts and a record community count of 343. The company also revised its full-year home-delivery expectations as demand and pricing remained under pressure. Green Brick: incentives climb. Green Brick said its average selling price on delivered homes declined approximately 12.1% year over year. Homebuilding gross margin fell to 28% from 32.1%, while incentives on new orders reached approximately 11%. Despite those concessions, the builder reported 926 net new-home orders, up 3% from the prior-year quarter. The company operates primarily in Texas and other selected markets, so its performance should not be mistaken for a national home-price index. What buyers and lenders should watch. Average selling price is affected by home size, location, community mix and the share of lower-priced models delivered. A double-digit drop in the average selling price does not necessarily mean the same house lost that much value. Incentives may also take the form of mortgage-rate buydowns or closing-cost assistance rather than a lower contract price. Taken together, the results point to builders balancing sales pace against profitability. They also reinforce the importance of comparing net pricing and financing incentives when assessing new-home affordability.

Century Communities (NYSE:CCS) posts quarterly earnings results, misses expectations by $0.21 EPS. October 28, 2026 Key points. * Century Communities missed quarterly expectations: EPS was $1.01 versus the $1.22 consensus, while revenue fell 11.8% year over year to $864.47 million, below estimates of $949.83 million. * Housing-market pressures are worsening: Higher mortgage rates and weaker consumer confidence reduced traffic, orders and deliveries, while incentives reached about 13% of deliveries and are expected to rise further, pressuring margins. * The company cut its 2026 outlook to 9,350-9,650 home deliveries and $3.3-$3.4 billion in home sales revenue, although its HistoryMaker Homes acquisition expands its Dallas-Fort Worth presence and Century retains substantial liquidity. * MarketBeat previews the top five stocks to own by November 1st. Century Communities (NYSE:CCS - Get Free Report) posted its quarterly earnings results on Wednesday. The construction company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.21), FiscalAI reports. Century Communities had a net margin of 3.41% and a return on equity of 6.06%. The firm had revenue of $864.47 million for the quarter, compared to analyst estimates of $949.83 million. During the same period in the prior year, the company posted $1.52 earnings per share. The business's revenue was down 11.8% on a year-over-year basis. Here are the key takeaways from Century Communities' conference call: * Higher mortgage rates and weaker consumer confidence slowed traffic, conversions, orders and deliveries; management said these trends continued into October. * Incentives rose to approximately 13.0% of deliveries in the third quarter and are expected to increase another 200-250 basis points in the fourth quarter, pressuring adjusted gross margins. * Century lowered its 2026 outlook to 9,350-9,650 home deliveries and $3.3-$3.4 billion in home sales revenue, reflecting the industry-wide slowdown in absorption. * The acquisition of HistoryMaker Homes expands Century's Dallas-Fort Worth communities from 12 to 41, adds entry-level and move-up products, and strengthens its position in a market management views as having favorable long-term fundamentals. * Century ended the quarter with record community count and book value per share, $864 million of liquidity, and a larger $1.2 billion revolving facility; its low-deposit land strategy is intended to preserve flexibility while it controls costs and matches starts with demand. Century Communities stock performance. CCS traded down $0.94 during trading on Wednesday, hitting $56.76. The stock had a trading volume of 235,992 shares, compared to its average volume of 287,080. The firm has a market cap of $1.61 billion, a PE ratio of 12.45 and a beta of 1.28. Century Communities has a 12 month low of $47.28 and a 12 month high of $76.00. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.44. The company has a 50 day simple moving average of $61.12 and a 200-day simple moving average of $62.40. Discover more MarketBeat All Access MarketBeat Research Tools Century Communities dividend announcement. The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 26th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, August 26th. Century Communities's dividend payout ratio is currently 28.07%. Analysts set new price targets. Several research firms have commented on CCS. Zacks Research cut shares of Century Communities from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 21st. Weiss Ratings raised Century Communities from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, August 24th. Finally, Zelman & Associates downgraded Century Communities from a "neutral" rating to an "underperform" rating in a research note on Tuesday, July 7th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $67.00. Century Communities company profile. Century Communities, Inc NYSE: CCS is a residential homebuilder that designs, develops and constructs single-family detached and attached homes for a range of homebuyers, including first-time, move-up and active-adult buyers. The company sells homes under the Century Communities and Century Complete brands, offering a variety of floor plans, home features and community amenities. Founded in 2000 and headquartered in Denver, Colorado, Century Communities operates in numerous housing markets across the Western, Southern and Southeastern United States. Before you consider Century Communities, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Century Communities wasn't on the list. 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Century Communities announces Grand Opening of Crosswinds, offering new homes in Kyle, Texas. Oct 26, 2026, 12:28 ET Top national homebuilder joins amenity-rich planned community, offering new single-family homes from the $400s in a prime location 20 miles south of downtown Austin KEY TAKEAWAYS * October 28 Grand Opening: Century Communities will celebrate the Grand Opening of its new neighborhood at Crosswinds in Kyle, TX on October 28, with model home tours, light bites and early-bird savings. * Six floor plans priced from the $400s: Single-family floor plans at the community will range from 2,013 to 2,811 square feet, with up to 6 bedrooms and 3 bathrooms. * 3-car garages on oversized homesites: Every floor plan at Crosswinds will include a standard 3-car garage on an oversized 60' homesite. * Resort-style amenities: Crosswinds homeowners have access to the Windy Point Amenity Center, with a pool complex and splash park, an off-leash dog park, walking trails, a playground, and pickleball and basketball courts. An elementary school is also planned. * Convenient Austin-area location: The community sits about 20 miles south of downtown Austin, with proximity to South Austin employers - including Tesla, Amazon, and Dell - and quick access to I-35. KYLE, Texas, Oct. 26, 2026 /PRNewswire/ - Century Communities, Inc. (NYSE: CCS) - a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek - announced the upcoming Grand Opening of its new neighborhood at Crosswinds, a planned community with resort-style amenities in Kyle, Texas, where the builder is introducing six single-family floor plans priced from the $400s. Slated for October 28, the event will run from 11 a.m. to 1 p.m. Attendees will be able to tour the Everglade model home, enjoy light bites, and take advantage of Grand Opening savings. "Crosswinds sits in an ideal location, combining suburban charm with quick access to major Austin-area employers," said Paul Kwiatkowski, Division President. "In addition to exciting amenities, this new community offers a range of modern floor plans that make it easy for buyers to find a home that complements their lifestyle. We invite interested homebuyers to visit our Grand Opening on October 28 to tour our model home, explore the community, and learn about available homes." Crosswinds is a planned community designed to preserve the surrounding Texas prairie, connected by roads and trails winding through parks and open space. Century Communities homeowners will have access to the Windy Point Amenity Center - a pool complex and splash park, event lawn, and grilling and picnic areas - along with an off-leash dog park, pickleball and basketball courts, a playground, pocket parks and an expanding trail system. A Hays CISD elementary school is planned. CROSSWINDS | KYLE, TX Grand Opening on October 28 | Priced from the $400s * Six floor plans with up to 6 bedrooms, 3 bathrooms, and 2,811 square feet * Oversized 60' homesites * Standard 3-car garages * Select plans feature fireplaces, gourmet kitchens, and covered patios * Windy Point Amenity Center: pool complex and splash park, event lawn, grilling and picnic areas * Off-leash dog park, playground, pickleball and basketball courts, and pocket parks and nature trails throughout the development * About 20 miles from downtown Austin, with proximity to South Austin employers including Tesla, Amazon, and Dell * 15 miles from San Marcos, with direct access to I-35 Community Location 231 Hull Speed Drive Kyle, TX 78640 512.930.0118 DISCOVER THE FREEDOM OF ONLINE HOMEBUYING: Century Communities is proud to feature its industry-first online homebuying experience on all available homes in Texas. * Shop homes at CenturyCommunities.com * Click "Buy Now" on any available home * Fill out a quick Buy Online form * Electronically submit an initial earnest money deposit * Electronically sign a purchase contract via DocuSign(R) FREQUENTLY ASKED QUESTIONS Question: When is the Grand Opening at Crosswinds in Kyle, TX? Answer: Century Communities hosts its Grand Opening at Crosswinds on Wednesday, Oct. 28, 2026, from 11 a.m. to 1 p.m. at 231 Hull Speed Drive in Kyle, TX. The event includes model home tours, light bites, and Grand Opening savings. Question: How much do new homes cost at Crosswinds in Kyle, TX? Answer: New homes at Crosswinds are priced from the $400s. Question: What floor plans does Century Communities offer at Crosswinds? Answer: Crosswinds offers six single-family floor plans: Geneva, Norman, Lassen, Savannah, Denali II, and Everglade, ranging from 2,013 to 2,811 square feet Question: What schools serve Crosswinds in Kyle, TX? Answer: Crosswinds is zoned for Hays CISD, including Pfluger Elementary School, Chapa Middle School, and Lehman High School. A future elementary school is also planned within Crosswinds. Question: What amenities are available at Crosswinds? Answer: Crosswinds homeowners have access to the Windy Point Amenity Center, with a pool complex and splash park, event lawn, and grilling and picnic areas. The planned community also offers an off-leash dog park, pickleball and basketball courts, pocket parks and nature trails, and a playground. Question: How far is Crosswinds from Austin? Answer: Crosswinds in Kyle, TX sits about 20 miles south of downtown Austin and 15 miles from South Austin employers including Tesla, Amazon and Dell. San Marcos is 15 miles away, with direct access to I-35. About Century Communities Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM(R). Century is engaged in all aspects of homebuilding - including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com. SOURCE Century Communities, Inc.