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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Acquisition adds 25+ communities to the company's Houston operations GREENWOOD VILLAGE, Colo. , July 31, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE:CCS)—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—today announced the acquisition of substantially all the assets of Anglia Homes, LP ("Anglia Homes").

Century Communities More Than Doubles Houston Community Count and Becomes Top 5 Houston Builder With Anglia Homes Acquisition

New mixed-use development will bring over 250 homes to Fulshear submarket HOUSTON, July 30, 2024 /PRNewswire/ -- Century Communities, Inc.—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—announced a 100-acre land purchase in Fulshear, Texas, a city in the fast-growing west Houston Metro. This submarket has emerged as a key growth area in the Houston MSA, driven by commercial and residential development and an excellent school district.

Century Communities Expands Houston Metro Offerings With Land Purchase in Fulshear

Century Communities (CCS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover Century Communities (CCS) Is a Great Choice for Value Investors

New homes coming soon to Corydon, IN from national leader in online homebuying CORYDON, Ind. , July 29, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—revealed a new community called Poplar Trace is opening soon in the Louisville metro area from the company's Century Complete brand.

Century Complete Announces New Community Near Louisville, KY

Does Century Communities (CCS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Century Communities (CCS) Is Up 6.10% in One Week: What You Should Know

Century Communities (CCS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Century Communities, Inc. (CCS) Hits Fresh High: Is There Still Room to Run?

National leader in online homebuying announces Grand Opening at Oak Creek Preserve JACKSONVILLE, Fla. , July 25, 2024 /PRNewswire/ -- Century Communities, Inc.—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—is pleased to announce that Oak Creek Preserve, the company's anticipated community within minutes of downtown Jacksonville, is now selling and plans to host a celebratory Grand Opening on Saturday, July 27.

Century Communities Now Selling New Homes Near Downtown Jacksonville

While the top- and bottom-line numbers for Century Communities (CCS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Century Communities (CCS) Reports Q2 Earnings: What Key Metrics Have to Say

Century Communities, Inc. (NYSE:CCS ) Q2 2024 Earnings Conference Call July 24, 2024 5:00 PM ET Company Participants Tyler Langton - Senior Vice President of Investor Relations Dale Francescon - Chairman and Co-Chief Executive Officer Robert Francescon - Co-Chief Executive Officer and President Scott Dixon - Chief Financial Officer Conference Call Participants Carl Reichardt - BTIG Alex Rygiel - B. Riley Jay McCanless - Wedbush Alan Ratner - Zelman & Associates Michael Rehaut - JP Morgan Operator Greetings everyone.

Century Communities, Inc. (CCS) Q2 2024 Earnings Call Transcript

Century Communities (CCS) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $1.60 per share a year ago.

Century Communities (CCS) Tops Q2 Earnings Estimates

- Increased 2024 Guidance for Home Sales Revenues and Deliveries -  - Second Quarter Net Income Increased 63% YoY to $83.7 Million, or $2.61 Per Diluted Share - - Home Sales Revenues of $1.0 Billion Increased 24% YoY - - Deliveries of 2,617 Homes Increased 17% YoY - - Net New Home Contracts of 2,780 Increased 20% YoY - - J. Scott Dixon Appointed as Chief Financial Officer - GREENWOOD VILLAGE, Colo.

Century Communities Reports Increased Second Quarter 2024 Results

Online homebuying leader now selling from the mid $300s at The Lakes at Rancho El Dorado MARICOPA, Ariz. , July 17, 2024 /PRNewswire/ -- Century Communities, Inc.—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—revealed it's joined Maricopa's anticipated planned community: The Lakes at Rancho El Dorado.

Century Communities Announces Maricopa Grand Opening at Appealing Lakeside Development

Online homebuying pioneer bringing over 120 single-family homes to prime locations JACKSONVILLE, Fla. , July 16, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE:CCS)—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—announced that its Century Complete brand will be opening three new communities in the greater Jacksonville area: Nobles Crossing (Palatka, FL), Greystone (Glen Saint Mary, FL) and The Landing at Crooked River (Kingsland, GA).

Century Complete Announces 3 New Communities Coming Soon to Jacksonville

Special savings available now at Century Communities and Century Complete locations across the nation GREENWOOD VILLAGE, Colo. , July 15, 2024  /PRNewswire/ -- Century Communities, Inc.,—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—announced the return of its popular Purple Tag Sales Event, featuring major new home savings at Century Communities and Century Complete locations across the nation.

Century Communities Announces Return of Popular Purple Tag Sales Event

Century Communities (CCS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Century Communities (CCS): Can Its 8.6% Jump Turn into More Strength?

Top national builder now selling in Rohnert Park and Lincoln SACRAMENTO, Calif. , July 10, 2024 /PRNewswire/ -- Century Communities, Inc.—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—is excited to announce it's now selling at two popular Northern California planned communities: Twelve Bridges (Lincoln, CA) and SOMO Village (Rohnert Park, CA).

Century Communities Joins Two Popular Planned Communities in Northern California

Century Communities stock is a buy due to increased demand for new affordable homes in the US housing market. CCS's focus on spec home construction allows for faster build times and cost savings. CCS has a solid balance sheet with ample access to liquidity and land supply, positioning it well for growth in the current environment.

Century Communities: Beneficiary Of Current U.S. Housing Situation

LGI Homes

Landsea Homes

Toll Brothers (NYSE: TOL ) CEO Douglas Yearly recently discussed how how his company saw the need to cater to first-time home buyers despite the fact of his company's reputation for serving the high-end, $1 million-plus home buyer. The move to attract first-time home buyers has made Toll Brothers popular amongst homebuilder stocks.

3 Homebuilder Stocks Betting on First-Time Homebuyers

Community groundbreaking events in San Antonio, plus new model homes in Seguin and San Antonio SAN ANTONIO , June 28, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—continues to expand in the greater San Antonio area with groundbreakings for Agave (East San Antonio) and Applewhite Meadows (South San Antonio). In addition, Century Communities is excited to announce new model homes coming soon to Hacienda in South San Antonio and Hiddenbrooke in Seguin.

Century Communities Reveals Upcoming Communities & Model Homes in Greater San Antonio

Online homebuying pioneer offering townhomes and single-family homes at Trivium CHARLOTTE, N.C. , June 27, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—announced that its Century Complete brand is now selling two home collections at Trivium in Hickory, NC.

Century Complete Now Selling Two New Home Collections in Hickory, NC

GREENWOOD VILLAGE, Colo. , June 26, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024.

Century Communities Sets Date for Second Quarter 2024 Earnings Release and Conference Call

Partnership will supply all Century Communities homes with Kohler Co. kitchen and bathroom water fixtures GREENWOOD VILLAGE, Colo. , June 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 2024—is pleased to announce a new partnership with Kohler Co., equipping all new Century Communities homes with Kohler kitchen faucets, bathroom faucets, and shower heads for both of the company's homebuilding brands: Century Communities and Century Complete.

Century Communities Announces New Partnership With Kohler Co.

Top national builder offering single-family homes in the greater Denver metro ELIZABETH, Colo. , June 20, 2024 /PRNewswire/ -- Century Communities, Inc.—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—is excited to reveal a new phase of homes now selling at Spring Valley Ranch in Elizabeth.

Century Communities Announces New Homes Now Selling in Elizabeth, CO

Online homebuying leader is also celebrating 40 consecutive quarters of profitability since its IPO, adding to consistent quarterly profitability since being founded in 2002 GREENWOOD VILLAGE, Colo. , June 18, 2024 /PRNewswire/ -- Century Communities, Inc.,—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—proudly marked 10 years as a public homebuilder on June 18.

Century Communities Celebrates 10 Years as a Public Homebuilder

Online homebuying leader to open at Sundial at Bellevue Ranch in late summer 2024 MERCED, Calif. , June 13, 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 2024—is excited to announce it will expand its offerings in Merced, California, with the summer grand opening of Sundial at Bellevue Ranch.

News for Century Communities Stock (CCS)