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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, a top 10 national homebuilder, is launching two new communities in the Denver Metro area, specifically Grand Vue at Interlocken in Broomfield and East Virginia Village in Denver. Grand Vue will offer townhomes starting from the low $500s, while East Virginia Village features townhomes from the mid $400s. Both locations provide convenient access to recreational areas, shopping, and dining, as well as exclusive floor plans with modern amenities. The company emphasizes its online homebuying experience, making it easy for buyers to purchase homes directly through their website.
Century Communities (NYSE: CCS), a leading homebuilder, has launched sales at two new communities in the Seattle Metro area: Glennwood in Poulsbo and The Diamonds at Whiskey Ridge in Marysville. Both communities feature homes starting from the $600s and offer over 200 homesites. The homes come equipped with premium features, including quartz countertops and gas fireplaces. Glennwood has 81 homesites with multiple floor plans, while Whiskey Ridge offers 127 homesites with various two- and three-story homes. Potential buyers can explore models at both locations, enhancing their homebuying experience.
Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, has launched a new development called The Rivers in West Sacramento, with home prices starting from the mid $500s. Featuring two collections—Trailside and Parkside—offering over 200 homesites, The Rivers boasts modern two-story floor plans and various community amenities including pools and a clubhouse. The Trailside collection starts from the mid $500s, while Parkside starts from the mid $600s, providing options for 3 to 5 bedrooms and generous square footage. The development emphasizes an innovative online homebuying experience, aligning with the company's leadership in online sales.
Century Communities, Inc. has officially launched its new community, Mesa Vista, in southwest San Antonio, offering 81 homesites with prices starting from the mid $200s. The project features a range of single- and two-story floor plans, with model homes available for tours, including the single-story Scottsdale design. Homebuyers can enjoy modern amenities like granite countertops and landscaped yards. Mesa Vista aims to provide a desirable location with quick access to recreational areas and will include amenities such as a playground, dog park, and walking trails. The community supports an online homebuying experience, reinforcing Century's leadership in the residential market.
Century Communities, Inc. (NYSE: CCS) has launched its new community, Omni, in Madera, California, offering homes from the low $400s. This community features 61 homesites with two single-story and three two-story floor plans, including options with 3 to 5 bedrooms and 2 to 3 bathrooms, reaching up to 2,222 square feet. The homes come with designer finishes and modern layouts, ensuring convenience near Highway 99 and local attractions like the Madera Wine Trail. The company promotes an industry-first online homebuying experience, allowing buyers to purchase homes with ease through its website.
On February 8, 2023, Century Communities (NYSE: CCS), a top national homebuilder, announced a quarterly cash dividend of
Century Communities, a leading homebuilder, reported robust financial performance for Q4 and FY 2022. Q4 net income reached $79.5 million ($2.47/share), while FY net income hit a record $525.1 million ($15.92/share). Total revenues for Q4 were $1.2 billion, mirroring the previous year, with home deliveries totaling 2,903. FY revenues surged to $4.5 billion, driven by 10,594 home deliveries. The book value per share rose to $67.67, and the company maintained a strong balance sheet with $2.2 billion in equity. For FY 2023, the outlook projects home deliveries between 7,000 and 8,000 homes and revenues of $2.6 to $3.1 billion.
Century Communities, Inc. (NYSE: CCS) announced the opening of six new residential communities in the greater Atlanta area, including Idlewood Station, Carmichael Farms, and more. These developments feature a mix of single-family homes and townhomes, priced from the low $300s to high $500s, catering to diverse buyer preferences. Century aims to enhance its online homebuying experience for consumers, allowing them to purchase homes directly through their website. This expansion showcases Century's commitment to meeting housing demands in prime locations, bolstering its position as a leading homebuilder.
Century Communities, Inc. (NYSE: CCS) announces the launch of a new community called Auden in Rock Hill, SC, featuring 41 contemporary two-story townhomes priced from the mid $300s. Each townhome includes 3 bedrooms, a 2-bay garage, and a smart home package. A model of the Cameron floor plan will be available for tours in February 2023. Auden's location offers easy access to Rock Hill's historic districts and the greater Charlotte metro area. Additionally, Century Communities promotes an innovative online homebuying experience, allowing buyers to complete purchases digitally.
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