Welcome to our dedicated page for Century Communit news (Ticker: CCS), a resource for investors and traders seeking the latest updates and insights on Century Communit stock.
Century Communities, Inc. (NYSE: CCS), founded in 2002, is a leading national homebuilder headquartered in Colorado. The company specializes in the construction of single-family homes, townhomes, and flats across major metropolitan markets in Colorado, Texas, Nevada, and Georgia. Known for its rapid growth, Century Communities is among the top five fastest-growing homebuilders in the United States by total revenue.
Century Communities operates through five distinct homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Additionally, it has a sixth segment dedicated to financial services, which provides mortgage, title, and insurance services to homebuyers. The company's comprehensive approach encompasses land acquisition, entitlement, development, construction, marketing, and home sales.
The company's latest offerings include new communities like Trails at Smoky Hill in Parker, Colorado, and University Village in San Antonio, Texas. These communities feature a range of home styles and floor plans, incorporating desirable features such as smart home technology, spacious layouts, and multi-generational suites.
Century Communities' dedication to quality and customer satisfaction is evident. The company has been recognized on Newsweek's list of America's Most Trustworthy Companies for 2023 and 2024. The company's mission, through its Century Communities and Century Complete brands, is to build attractive, high-quality homes at affordable prices, providing a home for every dream.
Financially, Century Communities has shown strong performance. In the fourth quarter of 2023, the company reported record deliveries of 3,157 homes, generating total revenue of $1.2 billion. For the full year 2023, the company delivered 9,568 homes with total revenues of $3.7 billion. The company anticipates further growth in 2024, targeting deliveries of 10,000 to 11,000 homes and home sales revenues between $3.8 billion and $4.2 billion.
Moreover, Century Communities continues to innovate with its industry-first online homebuying experience, providing a seamless and efficient homebuying process for customers nationwide. The company also offers comprehensive title, insurance, and lending services through its subsidiaries Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans.
For more detailed information about Century Communities, visit their official website at www.centurycommunities.com.
Century Communities (NYSE: CCS) announced the grand opening of Evergreen Grove, a new residential community in Chehalis, Washington, scheduled for February 22, 2025. The community will feature both rambler and two-story single-family homes, with prices starting from the $400s.
The homes offer between 3 to 5 bedrooms, 1.75 to 2.5 bathrooms, and span up to 2,745 square feet. Standard features include quartz countertops, front yard landscaping, luxury vinyl plank flooring, and large kitchen islands. Located near I-5 and just 25 miles south of Olympia, the development provides easy access to outdoor recreation.
The community will showcase the Christy floor plan during the grand opening model tours. All homes are available through Century Communities' online homebuying platform, allowing customers to complete the entire purchase process digitally.
Century Communities (NYSE: CCS), a leading national homebuilder, continues to enhance its digital homebuying experience with innovative tools and resources. The company's suite of services includes a 24/7 online homebuying platform, self-guided tours, virtual appointments, and competitive financing through its affiliate lender, Inspire Home Loans®.
The company has been recognized as one of the nation's most trusted homebuilders, appearing on Newsweek's lists of America's and World's Most Trustworthy Companies for two consecutive years. Key features include a dedicated online sales team, customer portal for tracking home progress and warranty requests, and below-market financing options with support for buyers who don't yet qualify for home loans.
Century Communities (NYSE:CCS) unveiled a new model townhome at Summer Springs in Salem, Utah, during a grand opening event on February 1, 2025. The development offers townhomes starting from the high $300s and single-family homes from the low $500s.
The townhome features include two-story floor plans with 3 bedrooms, 2.5 bathrooms, 2-bay garages, and up to 1,764 square feet of living space. Standard amenities comprise luxury vinyl plank flooring, quartz countertops, and chrome finishes. The community boasts a clubhouse, pavilion, play area, and outdoor common spaces.
The development's location provides easy access to I-15, combining affordability with lifestyle amenities. Century Communities continues to offer its online homebuying platform, allowing customers to complete the entire purchase process digitally, from selection to contract signing.
Century Communities has launched two new home collections at North Copper Canyon in Surprise, Arizona, with prices starting from the $300s. The Ridge and Highlands collections offer single- and two-story floor plans featuring up to 5 bedrooms, 4 bathrooms, and 2,444 square feet. The expansion adds over 200 new homesites to the planned community.
Both collections include standard features such as covered patios, front yard landscaping, and Century Home Connect® smart home package. The Ridge Collection offers two-story homes up to 2,444 square feet with up to 4 bedrooms, while the Highlands Collection provides both single- and two-story options up to 2,238 square feet with up to 5 bedrooms. North Copper Canyon community amenities include sports courts, a swimming pool, dog park, and walking trails.
Century Communities (NYSE: CCS) has announced a 12% increase in its quarterly cash dividend, raising it from $0.26 to $0.29 per share. The dividend will be paid on March 12, 2025, to stockholders of record as of the close of business on February 26, 2025. This increase in dividend demonstrates the company's commitment to returning value to shareholders.
Century Communities (NYSE: CCS) has partnered with Feng Shui expert and architect Cliff Tan to share design tips for open-concept layouts. The collaboration focuses on implementing Feng Shui principles in modern home designs, particularly relevant during Lunar New Year.
The company's VP of Architecture, Kieran Hardesty, emphasizes that their open layouts provide flexibility for homeowners to customize spaces and implement Feng Shui aesthetics. The article presents 10 key design ideas including creating positive first impressions through entryway design, strategic lighting placement, using rugs to segment spaces, choosing complementary furnishings, and implementing thoughtful art placement.
Additional recommendations include maintaining color balance, utilizing end tables effectively, considering window treatments, keeping spaces organized, and strategic mirror placement to enhance positive energy flow throughout the home.
Century Communities (NYSE: CCS) announced that its Century Complete brand is launching home sales at Liberty Heights in Chatsworth, GA, with prices starting from the $260s. The development offers single-family homes ranging from 3 to 4 bedrooms and up to 2,014 square feet, with basements available on select floor plans.
Located 40 miles from Chattanooga and 90 miles north of Atlanta, the community provides access to outdoor recreation destinations including Fort Mountain State Park, Cohutta Wilderness, and Chattahoochee-Oconee National Forest. Standard features include granite countertops, Kohler® water fixtures, stainless-steel appliances, and luxury vinyl plank flooring.
The company emphasizes its online homebuying platform, allowing customers to purchase homes 24/7 while working with their chosen real estate agents. Buyers can also finance through Century's affiliate lender, Inspire Home Loans®.
Century Communities (NYSE: CCS) reported strong fourth quarter and full year 2024 results. Q4 net income increased 13% YoY to $102.7 million ($3.20 per diluted share), while adjusted net income rose 18% to $112.0 million ($3.49 per diluted share). The company achieved record-breaking full-year deliveries of 11,007 homes, up 15% YoY.
Total revenues reached $4.4 billion for the full year, with Q4 revenues hitting a quarterly record of $1.3 billion. The company's community count grew 28% YoY to a record 322, while net new home contracts increased 21% YoY to 10,676. Book value per share rose 13% YoY to $84.65.
Looking ahead to 2025, Century Communities expects deliveries between 11,700 to 12,400 homes and home sales revenues ranging from $4.5 to $4.8 billion. The company maintains a strong financial position with $2.6 billion in stockholders' equity and $918 million in liquidity.
Century Communities (NYSE: CCS) has announced that its Century Complete brand is launching cottage-style homes in Pensacola, Florida. The new development offers single-story homes starting from the $180s, featuring 2 to 3 bedrooms and up to 1,272 square feet of living space. Located minutes from the coastline and historic downtown Pensacola, the homes come with standard features including Whirlpool® stainless-steel appliances, Kohler® water fixtures, and granite countertops.
The development provides quick access to popular destinations like Destin, Mobile, and the Gulf Islands National Seashore. Century Complete offers an online homebuying platform allowing customers to purchase homes 24/7, while also maintaining a local sales studio for in-person assistance. Buyers can streamline their purchase process through the company's affiliate lender, Inspire Home Loans®.
Century Communities (NYSE: CCS) has announced a Grand Opening event for its new Uplands community in Puyallup, Washington. The event, scheduled for January 25, 2025, will showcase the new Asher model home featuring a two-story layout with open-concept living spaces.
The development offers homes starting from the mid $600s, ranging up to 2,741 square feet with 3 to 5 bedrooms. Properties include premium features such as front and rear yard landscaping, luxury vinyl plank flooring, and gourmet kitchens with quartz countertops. The community boasts resort-style amenities including a clubhouse with Mt. Rainier views, fitness center, pool and spa, pickleball courts, parks, and urban trails.
The development is located in south Puyallup, offering easy access to Tacoma. Century Communities continues to provide their online homebuying platform, allowing customers to complete the entire purchase process digitally.
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