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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January's builder confidence signals strong housing demand with declining mortgage rates.

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Online homebuying pioneer brings new homes from the mid $200s to northeast Alabama ALBERTVILLE, Ala. , Jan. 17, 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 its second Century Complete community in Albertville, Solitude Acres.

Century Complete Introduces Affordable New Home Community Near Huntsville

Top 10 builder offering new homes from the mid $300s inside the 1604 Loop in Northside San Antonio—near UTSA, the RIM, and The Shops at La Cantera SAN ANTONIO , Jan. 16, 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— revealed its newest San Antonio community, University Village, is now open for sales. A ribbon-cutting ceremony will be held on January 18, featuring model home tours, complimentary food, and more.

Century Communities Announces Ribbon-Cutting Ceremony This January in San Antonio

Top 10 U.S. builder now selling new townhomes at Stafford Place, the company's first community in Covina COVINA, Calif. , Jan. 11, 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 the company is now selling at Stafford Place, its first community in Covina.

Century Communities Announces January Grand Opening in Covina, CA

Top 10 homebuilder and industry leader now selling new build homes outside of Phoenix APACHE JUNCTION, Ariz. , Jan. 9, 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 Superstition Vista, the company's new community in Apache Junction, is now selling two home collections: The Crest Collection and The Ridge Collection.

Century Communities Announces New Home Collections in Apache Junction, Arizona

Grand Opening events in January and February   ATLANTA , Jan. 8, 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 grand openings for two highly anticipated new communities in the Atlanta Metro area: Graystone Village (Grayson) and Kingsley Creek (Lithonia). In addition, two popular existing communities—Sherwood Crossing (Duluth) and Carmichael Farms (Canton)—will be hosting events to showcase upcoming new phases.

Online Homebuying Pioneer Opens Two New Atlanta Metro Communities

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Improving inflation and stable interest rates are likely to contribute to the construction sector going forward.

Construction Spending Up in November on Solid Residential Market

Special event features affordable new homes across the U.S., available for purchase online GREENWOOD VILLAGE, Colo. , Jan. 4, 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—announced it's kicking off the New Year with You Belong Here, a special event designed to help buyers achieve their 2024 dream home with affordable new homes across the country and best-in-class homebuying resources, including the company's streamlined online homebuying experience and financing services from affiliate lender, Inspire Home Loans®.

Century Communities Announces "You Belong Here" New Home Event

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GREENWOOD VILLAGE, Colo. , Dec. 21, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its fourth quarter and full year 2023 financial results after the market closes on Wednesday, January 31, 2024.

Century Communities Sets Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

New homes from the low $200s now selling at Buffalo Creek from online homebuying pioneer UNION, S.C. , Dec. 14, 2023 /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 has opened a new community—Buffalo Creek—in Union, SC, located near other Century Complete communities in Spartanburg, Boiling Springs and Gaffney.

Century Complete Announces New Community in Union, SC

Top 10 builder introduces new community with two stunning model homes HANFORD, Calif. , Dec. 11, 2023 /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—has introduced two brand-new model homes at its exciting new Hanford community, Live Oak.

Century Communities Announces Grand Opening in Hanford, California

New homes available from the low $200s through the company's industry-first online homebuying process LINCOLN, Ala. , Dec. 7, 2023 /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—revealed that it's now selling at Clear Springs, a new community in Lincoln, AL with affordable and quality new homes from the company's Century Complete brand.

Century Complete Reveals New Community Now Selling in Lincoln, AL

Top 10 builder now offering model home tours at Maggy's Ridge Estates, selling from the mid $200s LAFAYETTE, La. , Nov. 30, 2023 /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—is excited to announce the debut of Century Complete's new model home at Maggy's Ridge Estates in Sulphur, showcasing the community's single-story Douglas floor plan.

Online Homebuying Leader Century Complete Unveils New Model Home Near Lake Charles, LA

Top 10 builder and online homebuying leader now selling single-family homes in a desirable north San Antonio location near UTSA SAN ANTONIO , Nov. 29, 2023 /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—announced University Village, the company's new community in San Antonio, is now selling its lineup of single-family homes. Starting from the mid $300s, new homes are currently available for purchase online and in-person.

Century Communities Reveals New Homes Now for Sale in San Antonio, TX

Top 10 homebuilder now selling new construction homes in Conroe, Dayton, and Navasota HOUSTON , Nov. 29, 2023 /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 opened new model homes, now available for tour, at three exciting new communities in the greater Houston area: Granger Pines (Conroe), Pecan Lakes Estates (Navasota), and The Villages at Westpointe (Dayton). Along with a broad range of desirable locations, all three communities boast an extensive mix of single-family homes—with quick move-in options available—priced from the mid to high $200s.

Century Communities Announces Sales & Model Homes at Three Greater Houston Neighborhoods

Top 10 homebuilder brings new housing community to Merced MERCED, Calif. , Nov. 8, 2023 /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 a new community coming soon to California's Central Valley: Crest View in Merced.

Century Communities Announces New Community in California's Central Valley

Top 10 builder offering new homes with large homesites up to ½-acre in highly desirable Douglas County PARKER, Colo. , Oct. 26, 2023 /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—revealed it's now open for sales at Trails at Smoky Hill, a new community in Parker, Colorado, bringing over 130 new homes to sought-after Douglas County with floor plans from the company's popular Prestige and Floret collections.

Century Communities Announces Grand Opening This Weekend in Parker, CO

Although the revenue and EPS for Century Communities (CCS) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Century Communities (CCS) Q3 Earnings: A Look at Key Metrics

Century Communities, Inc. (NYSE:CCS ) Q3 2023 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Tyler Langton - Senior Vice President, Investor Relations Dale Francescon - Chairman and Co-Chief Executive Officer Robert Francescon - Co-Chief Executive Officer and President David Messenger - Chief Financial Officer Conference Call Participants Carl Reichardt - BTIG Jay McCanless - Wedbush Alex Rygiel - B. Riley FBR Alan Ratner - Zelman & Associates Alex Barron - Housing Research Andrew Hassen - JP Morgan Operator Greetings.

Century Communities, Inc. (CCS) Q3 2023 Earnings Call Transcript

Century Communities (CCS) came out with quarterly earnings of $2.58 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $4.44 per share a year ago.

Century Communities (CCS) Q3 Earnings and Revenues Surpass Estimates

- Increased 2023 Guidance for Deliveries and Home Sales Revenues - - Homebuilding Gross Margins of 24.6% - - Community Count Increased to a Record 252 - - Net Income of $83.2 Million, $2.58 per Diluted Share - - Controlled Lots as a Percentage of Total Lots Increased to 56% - GREENWOOD VILLAGE, Colo. , Oct. 25, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), one of the nation's largest homebuilders, today announced financial results for its third quarter ended September 30, 2023.

Century Communities Reports Third Quarter 2023 Results

Top 10 homebuilder offering over 400 new homesites in prime locations JACKSONVILLE, Fla. , Oct. 23, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—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—is excited to announce new homes are now selling at three communities in the Jacksonville Metro area: Concourse Crossing (Fernandina Beach); Tierra Chase (Jacksonville); and The Landings at Pecan Park (Jacksonville).

Century Communities Reveals New Home Offerings at Three Jacksonville Metro Communities

Top 10 national builder hosting a Grand Opening celebration at Trinity Ranch, offering three new home collections AUSTIN, Texas , Oct. 19, 2023 /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 an upcoming Grand Opening event at Trinity Ranch, the company's planned community in Elgin located 25 miles east of downtown Austin. Now selling from the high $200s, Century offers three versatile home collections at Trinity Ranch (The Ridge, The Overlook, and The Canyons), boasting single- and two-story floor plans with beautiful open-concept layouts, modern included features, and access to future community amenities like pools, playgrounds and a planned elementary school.

Century Communities Announces October Grand Opening Event in Elgin, TX

Century Communities (CCS) and Green Brick to build a community at the junction of Blue Goose Road and Cameron Road in northeast Austin.

News for Century Communities Stock (CCS)