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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- Record Third Quarter Net Income of $144.5 Million or $4.44 per Diluted Share - - Deliveries of 2,630 Homes Generating $1.1 Billion in Revenues - - EBITDA Increased to $188.7 Million - - Return on Equity of 33.2% - GREENWOOD VILLAGE, Colo. , Oct. 26, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, today announced financial results for its third quarter ended September 30, 2022.

Century Communities Reports Record Third Quarter 2022 Results

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.

Century Communities (CCS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

First Phase Now Selling From the Upper $200s. Model Home & Second Phase Opening Soon.

Century Communities Opens First Community in Buda, TX

Top 10 Public Homebuilder Announces 20th Anniversary Sale in October GREENWOOD VILLAGE, Colo. , Oct. 18, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, is celebrating the company's 20-year anniversary with special anniversary savings, now extended through October 31 —making it a great time for buyers to achieve their dream home.

Century Communities Celebrates 20 Years

GREENWOOD VILLAGE, Colo. , Oct. 3, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its third quarter 2022 financial results after the market closes on Wednesday, October 26, 2022.

Century Communities Sets Date for Third Quarter 2022 Earnings Release and Conference Call

Let's see if Century Communities, Inc. (CCS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is Century Communities (CCS) Stock a Suitable Value Pick Now?

New communities coming to west Michigan and northwest Indiana from the national leader in online homebuying. KALAMAZOO, Mich.

National Homebuilder Century Complete Announces New Midwest Communities

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Although higher mortgage rates, a rise in input prices and land/labor costs pose risks, lack of existing homes for sale and better operating leverage are likely to drive the Zacks Building Products - Home Builders industry. TMHC, CCS, DFH, MHO, and BZH are well positioned to gain.

5 Homebuilding Stocks to Watch Amid Rate-Hike & Inflation Woes

Top 10 homebuilder releasing 5 brand-new floor plans at popular resort-style development AURORA, Colo. , Sept. 15, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, is excited to announce the grand opening of the Floret Collection at The Outlook at Southshore—bringing 89 new homesites to Aurora's amenity-rich Southshore development.

Century Communities Announces Grand Opening at Southshore in Aurora, CO

The Overlook at Johnstown Farms: Now selling from the low $500s JOHNSTOWN, Colo. , Aug. 25, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, is excited to announce the Grand Opening of The Overlook at Johnstown Farms, the company's new offering in Johnstown, CO.

Century Communities Announces 121 Homesites in Johnstown, CO

Grand opening celebration slated for 8/27 in the neighborhoods of Eaglepointe and Marvella LAS VEGAS , Aug. 24, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, is excited to announce four new model homes for tour at its sought-after Skye Canyon development—showcasing brand-new floor plans in the neighborhoods of Eaglepointe and Marvella. A model grand opening is slated for August 27 from 10 a.m.

Century Communities Reveals Stunning New Model Homes at Skye Canyon in Las Vegas

New Homes Coming Soon to Austin, Round Rock, Elgin and Buda From Top 10 U.S. Builder AUSTIN, Texas , Aug. 23, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, is excited to announce four new communities coming soon to the greater Austin area—spread out across exceptional locations from the city of Austin to Round Rock, Elgin and Buda. With the first homes anticipated to begin selling later this fall, now's the time for interested buyers to join interest lists for timely updates about grand openings and available homes.

Century Communities Announces 4 New Austin Metro Communities

Top 10 Builder Now Selling New Homes in Dallas, Winder and Homer ATLANTA , Aug. 18, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online home sales, announced the grand opening of four new communities in the Greater Atlanta area: Riverwood (Dallas), Summit Pointe (Dallas), Rockwell Meadows (Winder), and Chimney Oaks (Homer). Combined, the communities add another 243 homesites to Century's footprint in the Atlanta area.

Century Communities Releases Four New Communities in the Greater Atlanta Area

National homebuilder expands Alabama footprint with move into Baldwin County FAIRHOPE, Ala. , Aug. 4, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, announced that the company's Century Complete brand has expanded its Alabama footprint with 49 new homesites for sale in Fairhope—part of Baldwin County, and just half an hour from Mobile Bay and the Gulf Coast.

Century Complete Announces 49 New Homesites in Fairhope, Alabama

Event running through August at all Century Communities and Century Complete locations GREENWOOD VILLAGE, Colo. , Aug. 2, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, revealed it's bringing back its popular Purple Tag sale through the month of August, offering major savings on new homes from the company's two homebuilding brands: Century Communities and Century Complete.

Century Communities Rolls Out National Purple Tag Savings

Top 10 national builder releasing over 400 honesties from Chowchilla to Los Banos FRESNO, Calif. , July 29, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, is excited to announce five new communities in the Central California area.

Century Communities Announces Five New Central California Communities

Century Communities quarterly results were positive, but future prospects are not great. Century Communities has continued to pursue its buyback program and reaffirmed the guidance.

Present Is Good, The Future Less So: However, Century Communities Remains A Buy

Boasting resort-style amenities and trail access, apartments are anticipated to open in the second half of 2023 GREENWOOD VILLAGE, Colo. , July 28, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, announced that Century Living—the Company's fast-growing national multifamily division—has broken ground on its 227-unit Verona Apartments project in Highlands Ranch, CO.

Century Living Announces 227-Unit Verona Apartment Project in Highlands Ranch, CO

Century Communities, Inc. (NYSE:CCS ) Q2 2022 Earnings Conference Call July 27, 2022 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 Deepa Raghavan - Wells Fargo Alan Ratner - Zelman & Associates Alex Rygiel - B. Riley Jay McCanless - Wedbush Alex Barron - Housing Research Center Operator Greetings.

Century Communities, Inc. (CCS) Co-CEO Dale Francescon on Q2 2022 Results - Earnings Call Transcript

Century Communities (CCS) delivered earnings and revenue surprises of 6.94% and 7.49%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Century Communities (CCS) Q2 Earnings and Revenues Top Estimates

- Record Second Quarter Net Income of $158.7 Million or $4.78 per Diluted Share - - Return on Equity of 33.7% - - Gross Margin of 28.2% and Adjusted Gross Margin of 29.4% - - Pre-Tax Income Margin 18.3% - GREENWOOD VILLAGE, Colo. , July 27, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, today announced financial results for its second quarter ended June 30, 2022.

Century Communities Reports Record Second Quarter 2022 Results

Top 10 builder now selling from the upper $600s at Monte Verde, with 3 models open for tour FAIRFIELD, Calif. , July 20, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, recently released 124 homesites for sale at Monte Verde, the company's exceptional new community in Fairfield, CA—boasting close proximity to Travis Air Force Base and destinations like Grizzly Island Wildlife Area and the San Francisco Bay National Estuarine Research Reserve.

Century Communities Announces 124 Homesites for Sale in Fairfield, CA

Top 10 homebuilder opens first Dallas area location for sales in amenity-packed Overland Grove development DALLAS , July 13, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, announced that it's now selling in Forney's sought-after Overland Grove development—boasting resort-style features like an amenity center, a pool with shaded cabanas, a fishing pond, trails, a community garden, a dog park and more. Just half an hour from downtown Dallas, the community also impresses with a versatile selection of single- and two-story floor plans, offering everything from multi-generational living options to bonus rooms, smart home features, generous lofts and covered patio options.

Now Selling: 335 New Homesites in Forney, TX from Century Communities

Top 10 homebuilder now selling homes in the gated community of Homestead Ranch LAS VEGAS , July 8, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, announced it recently opened for sales at Homestead Ranch—the company's new gated community boasting luxury pool-sized homesites in northwest Las Vegas from the upper $700s. With a versatile lineup of all estate-sized single-story homes, floor plans at Homestead Ranch offer everything from optional pool houses and courtyards to detached casitas, multi-generational layouts and expansive garages.

Century Communities Releases 27 Luxury Homesites in Las Vegas

Savings available to Century Communities and Century Complete homebuyers across 17 states GREENWOOD VILLAGE, Colo. , July 1, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, announced that it's running a nationwide Fourth of July Sales Event through July 5 on homes from the company's two brands: Century Communities and Century Complete.

News for Century Communities Stock (CCS)