Century Communities Inc is a prominent homebuilder dedicated to the development and construction of single-family homes and multi-family communities across various regions in the United States
The company focuses on creating high-quality, innovative housing options that cater to a diverse range of buyers, from first-time homeowners to luxury buyers. In addition to building homes, Century Communities also offers various related services, including mortgage financing and insurance, providing a comprehensive approach to the residential real estate market. With a commitment to sustainable building practices and community development, the company aims to enhance the living experience for its customers while contributing positively to the neighborhoods it serves.
The homebuilder stocks have soared in 2024 as demand remained strong for new homes and in anticipation of mortgage rates falling and home sales rising.
The construction sector may be of interest to investors with the Fed likely to implement a rate cut of 25 basis points in September. Keeping this in mind, here are three highly-ranked building products stocks.
Homebuilder stocks surged to record highs on Friday, driven by a positive inflation report that cemented expectations for interest rate cuts in September.
The news that the S&P 500 had finally emerged from bear territory in June was good news for many investors, and the bulls were happy to return to small-caps as well as large-caps. One company I like in this space is Century Communities.
U.S. stocks traded higher, with the Nasdaq Composite gaining around 200 points on Thursday. Here are some big stocks recording gains in today’s session.
Gainers Femasys Inc. (NASDAQFEMY) gained 54% to $0.55. Femasys reported a notice of allowance for new U.S. patent application covering use of FemBloc for female permanent birth control.
