Century Communities

Century Communities, Inc. engages in the development, design, construction, marketing and sale of single-family attached and detached homes. It operates through the following segments: West, Mountain, Texas, Southeast, Century Complete, and Financial Services. The West segment refers to projects in California and Washington. The Mountain segment represents projects in Arizona, Colorado, Nevada and Utah. The Texas segment is composed of projects in Houston, San Antonio and Austin. The Southeast segment consists of projects in Florida, Georgia, North Carolina, South Carolina and Tennessee. The Century Complete segment includes the revenue from the company's Century Complete brand, which has operations over 11 states. The Financial Services segment provides mortgage, title, and insurance services to homebuyers. The company was founded by Dale Francescon and Robert J. Francescon in 2002 and is headquartered in Greenwood Village, CO.

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Century Communities reports strong Q4 performance amidst market challenges

Century Communities navigated Q4 with a focus on cash position, reducing debt, and managing costs amidst market challenges.
The company aims to improve margins, reduce build times, and enhance efficiency to drive profitability and growth in the coming quarters.
Despite near-term sales pressures and SG&A challenges, Century Communities remains optimistic about underlying demographics and future prospects.

Century Communities reports solid Q1 earnings, eyes growth opportunities

Century Communities had a strong Q1 performance with solid financial results and improved contract numbers.
Despite challenges with lower margins, they are capitalizing on opportunities for growth and seasonality.
The company's focus on near-term home deliveries and strong Century Complete business position them well for the year.
Expectations of increased home deliveries and revenues indicate positive outlook for 2023.

Century Communities reports robust Q2 earnings and growth opportunities ahead

Century Communities delivered impressive financial results, marked by strong revenue growth and operational improvements in Q2 2023.
The company's focus on sustainability, growth strategies, and appreciation for stakeholders positions it well for future success.
While challenges like managing cancellations and market uncertainties exist, Century Communities is poised to capitalize on opportunities in the housing market and ESG initiatives.

Century Communities reports robust Q3 results and eyes growth opportunities

Century Communities delivered strong financial performance in Q3, with notable increases in home sales revenues and earnings per share.
While facing challenges such as cancellation rates and declining net orders, the company's strengths in gross margins and financial position provide a solid foundation.
Opportunities lie in market share growth, lot expansion, and profitability enhancements, positioning Century Communities for future success.
Investors can be optimistic about the company's outlook for 2024, as it looks to build on its Q3 performance and navigate potential challenges.

Century Communities (CCS) achieves record Q4 results and eyes growth

Century Communities (CCS) delivered impressive results in Q4 2023, reflecting strong operational performance and market demand.
Strategic acquisitions, focus on affordable housing, and operational efficiencies position the company for continued growth.
While challenges like market dynamics and cost management exist, opportunities in expansion and customer engagement are significant.
Overall, Century Communities demonstrates resilience and strategic foresight in navigating the evolving housing landscape.

Century Communities excels in Q1, eyes growth amidst market challenges

Century Communities delivered impressive Q1 results, showcasing growth in key operational and financial metrics, bolstering its market position and investor confidence.
The company's recognition for trustworthiness, coupled with robust guidance and strategic focus, underlines its resilience and potential for sustained success in the housing industry.
While facing challenges such as interest rate uncertainty and supply management, Century remains poised to capitalize on opportunities in growing markets and drive future expansion.
By navigating challenges, leveraging strengths, and seizing opportunities, Century is well-positioned to navigate market dynamics and deliver long-term value to stakeholders.

Century Communities reports record Q3 results amidst growth opportunities

Century Communities (CCS) delivered exceptional financial performance in Q3 2024, marked by record home deliveries and revenues, showcasing strong growth momentum.
While facing challenges such as increased debt ratio and market competition, the company's focus on cost control and sustainable growth strategies positions it well for the future.
Opportunities for expansion and market penetration exist through increased delivery guidance and a strategic approach to addressing market challenges and analyst inquiries.

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With homebuilders' confidence improving, investing in stocks such as Toll Brothers (TOL), NVR and Century Communities (CCS) seems prudent.

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Top 10 homebuilder introduces new single-family homes with community amenities in growing areas GREENWOOD VILLAGE, Colo. , Feb. 14, 2024 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced that three highly anticipated new communities are now selling a lineup of single-family homes in Northern Colorado: Timnath Lakes (Timnath), Red Barn Meadows (Mead) and Prairie Song (Windsor).

Century Communities Announces Three New Communities Now Available in Northern Colorado

National online homebuying leader extends Florida roots and customer service support with strong local teams FORT MYERS, Fla. , Feb. 13, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—recently celebrated the opening of three new Sales Studios for its Century Complete brand in Brooksville, Fort Myers and Punta Gorda, further enabling the company's ability to provide best-in-class customer support as it grows rapidly in south Florida.

Century Complete Opens Three New Home Sales Studios in South Florida

Century Communities experienced a dip in stock price after reporting earnings, creating a potential buying opportunity. The company has attractive valuation metrics and strong earnings potential, with room for upside from upgrades. Century Communities expects to see revenue growth and increased demand and is well-positioned to compete in the market and potentially engage in M&A activity.

Investing In Century Communities After It Hit An All-Time High: Why It's Time To Buy

National leader in online homebuying brings 109 new homesites to Spartanburg SPARTANBURG, S.C. , Feb. 8, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced its newest community, Moss Creek, is now selling in Spartanburg, SC offering a versatile selection of single-family homes from the low $200s.

Homebuilder Century Complete Expands Upstate South Carolina Footprint with Moss Creek Community

GREENWOOD VILLAGE, Colo. , Feb. 7, 2024  /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), one of the nation's largest homebuilders, today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share, an increase of 13 percent over the previous $0.23 per share.

Century Communities Increases Quarterly Cash Dividend

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Construction activity is expanding due to increased spending on housing projects, which is helping stocks like Century Communities, Inc. (CCS), M.D.C. Holdings, Inc. (MDC), Dream Finders Homes, Inc. (DFH), NVR, Inc. (NVR) and PulteGroup (PHM).

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Top 10 builder to offer modern two-story new homes near downtown Merced and University of California Merced MERCED, Calif. , Feb. 6, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—is excited to announce the upcoming Grand Opening of Crest View, the company's anticipated new community in Merced, California.

Century Communities Announces Grand Opening in Merced, California

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Top 10 U.S. builder offering four versatile home collections at The Landings at Pecan Park JACKSONVILLE, Fla. , Feb. 5, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced it's now open for sales at The Landings at Pecan Park, a new community in Jacksonville, Florida, bringing more than 330 homesites with floor plans from several collections, including townhomes, paired homes, and single-family homes.

Century Communities Announces February Grand Opening in Jacksonville, Florida

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Century Communities (CCS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Century Communities (CCS) Shows Fast-paced Momentum But Is Still a Bargain Stock

National leader in online homebuying now selling affordable, quality new homes in the Orlando area HAINES CITY, Fla. , Feb. 1, 2024 /PRNewswire/ -- Century Communities, Inc.,—a top 10 national homebuilder, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced that its Century Complete brand is now selling two collections of single-family homes at Bradbury Creek in Haines City.

Century Complete Announces Brand-New Homes Now Available in Haines City, Florida

The fourth-quarter 2023 results of Century Communities (CCS) reflect record quarterly growth in home deliveries thanks to improving cycle times and an uptrend in demand for affordable homes.

Century Communities (CCS) Q4 Earnings & Revenues Top, Up Y/Y

While the top- and bottom-line numbers for Century Communities (CCS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Century Communities (CCS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Century Communities, Inc. (CCS) Q4 2023 Earnings Call Transcript

Century Communities (CCS) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.71 per share a year ago.

Century Communities (CCS) Beats Q4 Earnings and Revenue Estimates

- Full Year Deliveries of 9,568 Homes and Revenues of $3.7 Billion - - Fourth Quarter Net Income Increased 15% Year-Over-Year to $91.3 Million, $2.83 Per Diluted Share - - Net Homebuilding Debt to Net Capital of 22.4%, a Year End Company Record - - Book Value per Share Increased to a Company Record $75.12 - - 21st Consecutive Year of Profitability -  GREENWOOD VILLAGE, Colo. , Jan. 31, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), one of the nation's largest homebuilders, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Century Communities Reports Fourth Quarter and Full Year 2023 Results

Top 10 homebuilder and industry leader now selling new homes in desirable west Fresno FRESNO, Calif. , Jan. 30, 2024 /PRNewswire/ -- Century Communities, Inc.—a top 10 national homebuilder, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced that its new community, The Trellises, is now selling a selection of single-family homes in booming west Fresno.

Century Communities Announces Brand-New Homes Available in Fresno, California

Beyond analysts' top -and-bottom-line estimates for Century Communities (CCS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Ahead of Century Communities (CCS) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Top 10 homebuilder and industry leader now selling new build homes outside of Houston CROSBY, Texas, Jan. 25, 2024 /PRNewswire/ -- Century Communities, Inc.—a top 10 national homebuilder, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced that Barrett Crossing, the company's new community in Crosby, is now selling a lineup of single-family homes. Starting in the mid $200s, homes are currently available for purchase online and in-person.

Century Communities Announces New Homes Available in Crosby, Texas

Century Communities (CCS) expands Nashville footprint with Landmark Homes acquisition.

Century Communities (CCS) Expands With Landmark Homes Deal

The acquisition increases Tennessee land and lot holdings for the national leader in online homebuying NASHVILLE, Tenn. , Jan. 22, 2024 /PRNewswire/ -- Century Communities, Inc.— a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—today announced the acquisition of substantially all the assets of Landmark Homes of Tennessee, Inc. ("Landmark Homes"), a prominent homebuilder in the Greater Nashville area for over three decades.

Century Communities Announces Acquisition of Greater Nashville Builder: Landmark Homes of Tennessee, Inc.

Top 10 builder eyes summer 2024 for opening of Oak Creek Preserve JACKSONVILLE, Fla. , Jan. 18, 2024 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—held a celebratory groundbreaking ceremony on January 10 for Oak Creek Preserve, the company's newest community in Jacksonville.

News for Century Communities Stock (CCS)