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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

M/I Homes

Meritage Homes

PulteGroup

Homebuilder stocks like PulteGroup (PHM), Meritage Homes (MTH), M/I Homes (MHO) and Century Communities (CCS) will get a boost from the Fed's recent rate cut.

Rate Cut to Aid Real Estate: 4 Homebuilder Stocks With Room to Grow

LSI Industries

Amid rate cuts, investors may be searching for specific areas of the economy that may benefit directly in regard to a lower inflationary environment.

Time to Buy These Highly Ranked Construction Stocks After Rate Cuts

Taylor Morrison Home

Century Communities, M/I Homes, Meritage Homes, PulteGroup and Taylor Morrison Home are included in this Analyst Blog.

The Zacks Analyst Blog Century Communities, M/I Homes, Meritage Homes, PulteGroup and Taylor Morrison Home

Housing starts & building permits rebound in August. This, along with the Fed's rate cut, paints a rosy picture for stocks like CCS, MHO, MTH, PHM and TMHC.

5 Housing Stocks to Buy After Rebound in Starts & Permits, Rate Cut

Dream Finders Homes

TRI Pointe Group

Dream Finders Homes, Century Communities, Taylor Morrison Home, Meritage Homes and Tri Pointe Homes are included in this Analyst Blog.

The Zacks Analyst Blog Dream Finders Homes, Century Communities, Taylor Morrison Home, Meritage Homes and Tri Pointe Homes

National leader in online homebuying to debut new model homes at three anticipated communities SAN ANTONIO , Sept. 18, 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—is pleased to announce three upcoming ribbon-cutting ceremonies with the San Antonio Chamber of Commerce to debut new model homes at three anticipated communities: Agave (Southeast San Antonio), Applewhite Meadows (South San Antonio), and Hacienda (South San Antonio).

Century Communities Announces Fall Ribbon Cutting Ceremonies in San Antonio

Strengthening builders' sentiment signals a positive outlook for housing. Lower mortgage rates and easing inflation raise hope amid rising costs.

Builder Confidence Bounce Back in September: 5 Housing Stocks to Watch

GREENWOOD VILLAGE, Colo. , Sept. 17, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—one of the United States' largest homebuilders and an industry leader in online home sales—is proud to announce that an independent global survey earned the company a coveted spot on Newsweek's list of World's Most Trustworthy Companies 2024.

Century Communities Recognized on List of World's Most Trustworthy Companies 2024 by Newsweek

Top national builder now selling four brand-new floor plans at Highland Park HIGHLAND, Calif. , Sept. 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—is proud to announce that Highland Park, the company's first community in Highland, California, is now selling from the low $700s.

Century Communities Announces Official Opening of First Community in Highland, CA

National leader in online homebuying offering affordable single-family homes at Clear Lake Estates YOUNGSTOWN, Fla. , Sept. 12, 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 the company's Century Complete brand is now selling at Clear Lake Estates.

Century Complete Reveals New Homes Now Selling Near Panama City, FL

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

Fast-paced Momentum Stock Century Communities (CCS) Is Still Trading at a Bargain

Century Communities (CCS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Century Communities (CCS) Upgraded to Strong Buy: Here's Why

The Bluffs at Whiskey Ridge features beautiful location with two-story floor plans from the high $700s SEATTLE , Sept. 5, 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 it will host a Grand Opening event on Saturday, September 7 for its anticipated new community in Marysville: The Bluffs at Whiskey Ridge.

Century Communities Announces September Grand Opening in Marysville, WA

National leader in online homebuying now selling from the mid $600s at Villa Bellissima MANTECA, Calif. , Sept. 4, 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 the company is now selling at Villa Bellissima, its anticipated new community in Manteca, CA.

Century Communities Announces New Homes in Manteca, CA

National leader in online homebuying offering new homes from the mid $200s at Shelton Woods LOUISVILLE, Ky., Sept. 3, 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 the company's Century Complete brand is now selling at Shelton Woods in Radcliff, KY.

Century Complete Now Selling New Homes Near Fort Knox & Saunders Springs Nature Preserve

Bank of New York Mellon

Norwegian Cruise Line

Wolverine World Wide

Investors target stocks that have been on a bullish run lately. Stocks like WWW, NCLH, CCS and BK are seeing price strength, and the momentum is likely to continue.

4 Stocks Trading Near 52-Week High That Can Climb Further

EZCORP

MPLX

EZPW, CCS and MPLX made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 29, 2024.

Best Value Stocks to Buy for August 29th

Here are three highly-ranked building products stocks that were added to the Zacks Rank #1 (Strong Buy) list this week.

Time to Buy These Highly Ranked Building Products Stocks

Top national builder offering single-family homes in 500-acre planned community BRIGHTON, Colo. , Aug. 26, 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 now selling at Farmlore, Brighton's anticipated 500-acre planned community with abundant amenities.

Century Communities Now Selling at Farmlore in Brighton, CO

Leader in online homebuying reveals new community in Leon Valley, with homes coming soon from the mid $300s SAN ANTONIO , Aug. 22, 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—held a celebratory groundbreaking ceremony with The City of Leon Valley this summer for Senna, its newest San Antonio metro community. This attractive neighborhood will offer five versatile single-family floor plans from the mid $300s in Leon Valley.

Century Communities Announces Groundbreaking Event Near San Antonio

Online homebuying pioneer offering single-family homes from the mid $200s JACKSON, Ga. , Aug. 20, 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 that its Century Complete brand is now selling quality and affordable new homes from the mid $200s at Garden Walk in Jackson, GA.

Century Complete Now Selling New Homes in Jackson, GA

Online homebuying pioneer now selling at golf course community from the upper $600s SPANAWAY, Wash. , Aug. 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 that it's now selling at The Classic Enclave, the company's new community in Spanaway, WA, featuring a desirable location adjacent to The Classic Golf Club.

Century Communities Announces Grand Opening in Spanaway, WA

National leader in online homebuying to offer homes from the high $200s at Cane Creek SNOW CAMP, N.C. , Aug. 1, 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 open Cane Creek, the company's highly anticipated community in Snow Camp, NC, in early August.

Century Complete Reveals New Community Coming Soon to Snow Camp, NC

Century Communities (CCS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Century Communities (CCS) Upgraded to Strong Buy: Here's What You Should Know

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").

News for Century Communities Stock (CCS)