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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Homebuilders remain a surprisingly strong sector as we head toward summer. New names have emerged and are in buy zones.

Homebuilder Stocks Still The Place To Be; Two In Buy Zones And Two Set To Report Earnings

Century Communities, Inc. (CCS) Q1 2023 Earnings Call Transcript.

Century Communities, Inc. (CCS) Q1 2023 Earnings Call Transcript

Century Communities (CCS) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $4.20 per share a year ago.

Century Communities (CCS) Q1 Earnings and Revenues Surpass Estimates

- Increased 2023 Guidance for Deliveries and Home Sales Revenues - - Deliveries of 1,912 Homes Generating $753.0 Million in Total Revenues - - Net Income of $33.3 Million, or $1.04 Per Diluted Share - - Net Homebuilding Debt to Net Capital of 21.5% - - Community Count Increased to a Record 234 - GREENWOOD VILLAGE, Colo. , April 26, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, today announced financial results for its first quarter ended March 31, 2023.

Century Communities Reports First Quarter 2023 Results

Now selling from the mid $400s in Spring Hill, Barton Hills to host a celebratory Grand Opening in April SPRING HILL, Tenn. , April 20, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online home sales, is excited to announce that Barton Hills—now selling in Spring Hill from the mid $400s—will host a Grand Opening event on Saturday, April 22, giving homebuyers and agents a unique opportunity to tour the community's stunning Woodruff model and explore available quick move-in homes while enjoying complimentary refreshments.

Century Communities Announces Grand Opening for New Homes Near Nashville

Le Sabre now selling from the low $200s in a prime location on Jacksonville's westside JACKSONVILLE, Fla. , April 20, 2023 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online home sales, revealed that it's debuted new paired homes for sale on the westside of Jacksonville, boasting a prime location near I-10 and I-295 just minutes from shopping, dining and entertainment at Oakleaf Town Center—and with a short commute to Naval Air Station Jacksonville.

Century Communities Announces Paired Home Community in Jacksonville

Top 10 homebuilder announces new homes now selling from the mid $300s at Liberty Hill TULARE, Calif. , April 19, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online home sales—recently announced as the highest-ranked homebuilder on Newsweek's 2023 list of Most Trustworthy Companies in America—revealed that Liberty Hill in Tulare is now selling from the mid $300s.

Century Communities Opens New Community in Tulare, CA

Century Communities (CCS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Century Communities (CCS) Q1 Earnings Expected to Decline

GREENWOOD VILLAGE, Colo., April 12, 2023 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, announced that it's now selling at East Virginia Village, a new townhome community in Denver.

Century Communities Debuts Denver Townhome Community

GREENWOOD VILLAGE, Colo. , April 4, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its first quarter 2023 financial results after the market closes on Wednesday, April 26, 2023.

Century Communities Sets Date for First Quarter 2023 Earnings Release and Conference Call

GREENWOOD VILLAGE, Colo. , March 30, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, has been named to Newsweek's list of America's Most Trustworthy Companies 2023, and was the highest-ranked homebuilder on the list.

Century Communities Chosen as the Highest-Ranked Homebuilder on Newsweek's 2023 List of Most Trustworthy Companies in America

Top 10 Homebuilder Returns to the Celebrated Skyline Ridge Development GREENWOOD VILLAGE, Colo. , March 30, 2023 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, is pleased to announce that The Townes at Skyline Ridge is now selling, offering chic two- and three-story townhomes from the low $500s in Castle Pines, CO.

Century Communities Releases New Townhomes For Sale in Castle Pines, CO

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3 Undervalued Dividend Payers For Volatile Market Conditions

Top 10 national homebuilder now pre-selling at Creekland Village at Bridgeland HOUSTON , March 24, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, is proud to announce that it's joined Creekland Village, the newest and final village of the popular Bridgeland planned community in Cypress, TX. Located west of Grand Parkway and inspired by the neighboring Cypress Creek, Creekland Village boasts 2,300 acres of new homes and water-themed amenities.

Century Communities Joins Popular Bridgeland Planned Community Near Houston

Top 10 national builder offering new homes at The Bluffs from the mid $400s. Model homes open for tour.

Century Communities Now Selling in Celebrated Lake Las Vegas Development

Top 10 National Homebuilder Now Selling in Denver and Broomfield GREENWOOD VILLAGE, Colo. , March 2, 2023 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, announced that it's now selling at two anticipated communities in the Denver Metro area: Grand Vue at Interlocken (condos and townhomes in Broomfield) and East Virginia Village (townhomes in Denver).

Century Communities Debuts Two Anticipated Colorado Communities

Starting from the $600s, top 10 homebuilder announces new homes in Marysville and Poulsbo SEATTLE , March 1, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, announced that it's now selling at two new communities in the Seattle Metro area: Glennwood in Poulsbo (rambler and two-story homes), and The Diamonds at Whiskey Ridge in Marysville (two- and three-story homes). Both communities feature a versatile mix of open-concept floor plans starting from the $600s.

Century Communities Now Selling at Two New Seattle Metro Communities

Top 10 national homebuilder now selling two home collections at The Rivers from the mid $500s WEST SACRAMENTO, Calif. , Feb. 24, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online home sales, is now selling at The Rivers, its anticipated new development in West Sacramento.

Century Communities Launches New Development in West Sacramento

Top 10 homebuilder now selling at Mesa Vista from the mid $200s. Model for tour!

Century Communities Debuts New Homes in Southwest San Antonio

Priced from the low $400s, new homes at Omni now selling from the top 10 builder MADERA, Calif. , Feb. 15, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online home sales, announced that Omni—its anticipated new community in Madera—is now selling with a versatile selection of single- and two-story floor plans from the low $400s.

Century Communities Announces Grand Opening in Madera, CA

Despite beating the number, this stock has seen estimates dip lower.

Bear Of The Day:Century Communities (CCS)

Century Communities, Inc. (NYSE:CCS ) Q4 2022 Earnings Conference Call February 1, 2023 5:00 PM ET Company Participants Tyler Langton - Senior Vice President, Investor Relations Dale Francescon - Chairman and Co-Chief Executive Officer Rob Francescon - Co-Chief Executive Officer and President David Messenger - Chief Financial Officer Conference Call Participants Carl Reichardt - BTIG Alan Ratner - Zelman & Associates Jay McCanless - Wedbush Securities Michael Rehaut - JPMorgan Alex Barron - Housing Research Center Operator Hello and welcome to the Century Communities Fourth Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Century Communities, Inc. (CCS) Q4 2022 Earnings Call Transcript

Century Communities (CCS) delivered earnings and revenue surprises of 13.39% and 14.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Century Communities (CCS) Tops Q4 Earnings and Revenue Estimates

- Record Home Sales Revenues of $1.2 Billion in the Fourth Quarter and $4.4 Billion for the Full Year - - Record Annual Net Income of $525.1 Million, or $15.92 per Diluted Share for the Full Year - - Book Value per Share Increased to a Record $67.67 - - Net Homebuilding Debt to Net Capital of 23.5% - - 20th Consecutive Year of Profitability - GREENWOOD VILLAGE, Colo. , Feb. 1, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, today announced financial results for its fourth quarter and full year ended December 31, 2022.

Century Communities Reports Fourth Quarter and Full Year 2022 Results

Top 10 homebuilder opening communities in prime locations like Buford and McDonough ATLANTA , Jan. 25, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online home sales, revealed it's opening six new communities in the greater Atlanta area: Idlewood Station (Tucker), Carmichael Farms (Canton), Pickens Landing (Dacula), Crosby Square (Dawsonville), Oakhurst Manor (McDonough) & The Estate at Old Friendship (Buford). The new communities offer a broad range of locations with a mix of single-family homes and townhomes, priced from the low $300s to high $500s.

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