Welcome to our dedicated page for CENTURY COMMUNITIES news (Ticker: CCS), a resource for investors and traders seeking the latest updates and insights on CENTURY COMMUNITIES 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, Inc. has announced the launch of four new home communities in the Austin area, expected to deliver over 750 homes within six months. The developments will feature a range of single-family floor plans priced from the $300s to $400s, showcasing open-concept designs and smart home technology. New communities include Stallion Run in Buda, Trinity Ranch in Elgin, Jennings Place in Austin, and Avery Centre in Round Rock. Buyers can join interest lists for updates ahead of the grand openings, slated for late 2022 and early 2023.
Century Communities, Inc. (NYSE: CCS) has announced the grand opening of four new communities in the Greater Atlanta area, adding 243 homesites. These communities include Riverwood and Summit Pointe in Dallas, Rockwell Meadows in Winder, and Chimney Oaks in Homer, with homes priced from the $300s to mid $400s. Each community features modern layouts and amenities such as pools and fitness centers. The launch enhances Century's presence in a fast-growing market, catering to diverse homebuyer needs with innovative online homebuying options.
Century Communities (NYSE: CCS) announced a quarterly cash dividend of $0.20 per share, reflecting the company’s financial confidence. This dividend will be payable on September 14, 2022, to stockholders of record as of August 31, 2022. As a top 10 national homebuilder, Century Communities operates in 17 states, engaged in all aspects of homebuilding and related services, including title and lending. This dividend illustrates the company's commitment to returning value to its shareholders.
Century Communities expands its presence in Alabama by launching the Fairhope Falls community, featuring 49 new homesites. Located in Baldwin County, the community offers ranch-style homes with modern amenities starting from the $280s. Notable features include open-concept layouts, granite countertops, and four-sided brick exteriors. Homebuyers benefit from an innovative online homebuying process that streamlines the purchasing experience. Fairhope Falls is conveniently situated near local attractions, recreational activities, and quality schooling, enhancing its appeal to prospective homeowners.
Century Communities, Inc. has launched its annual Purple Tag sale for August, offering substantial savings on new homes across its brands. Customers can benefit from special pricing, closing cost assistance, and competitive financing options through Inspire Home Loans. The sale includes quick move-in homes available for purchase either online or on-site in 45 markets across 17 states. Additionally, the company promotes The Ascent Club, providing free access to credit specialists and homebuyer workshops. For more details, visit www.CenturyCommunities.com/PurpleTagSale.
Century Communities, a top 10 national homebuilder, announced the launch of five new residential communities in Central California, spanning from Chowchilla to Los Banos. The homes will range from the high $300s to mid $400s, featuring single-family options with modern designs and smart home technology. Key highlights include 95 homesites in Reedley and 60 in Chowchilla, with amenities such as granite countertops and gated entries. Homebuyers can choose to purchase homes online, showcasing Century's commitment to innovative homebuying experiences.
Century Communities (NYSE: CCS) recently announced the groundbreaking of the 227-unit Verona Apartments in Highlands Ranch, CO. The project is strategically located near Highline Canal Trail and major roadways, enhancing access to Denver's employment sectors. Anticipated to open in the second half of 2023, the Verona Apartments will include 1BR, 2BR, and 3BR units, all featuring smart home technologies and balconies. Amenities include a fitness center, lap pool, expansive dog park, and managed Wi-Fi, highlighting the company's commitment to providing a high-quality living experience.
Century Communities reported a record second quarter net income of $158.7 million, or $4.78 per diluted share, a 35% increase year-over-year. Total revenues reached $1.2 billion, up 12%, with home deliveries at 2,713 homes. Homebuilding gross margin improved to 28.2%, while adjusted gross margin rose to 29.4%. The return on equity held steady at 33.7%. However, net new home contracts fell to 2,233, down from 3,120 in the prior year. The company reduced its full year home delivery guidance to 10,750 to 11,750 homes.
Century Communities (NYSE: CCS) has announced the launch of 124 homesites for sale at its new Monte Verde community in Fairfield, CA. Properties are priced from the upper $600s and include modern two-story homes with designer finishes and open-concept layouts. The community features four single-family floor plans, ranging from 4 to 5 bedrooms, and is situated near Travis Air Force Base and local parks. Prospective buyers can take advantage of the company's online homebuying experience.
Century Communities, a leading national homebuilder, has launched its first sales location in the Dallas-Fort Worth area at the Overland Grove development in Forney, Texas. This community features resort-style amenities, numerous floor plans starting in the high $300s, and is part of the Forney Independent School District. With options for 3 to 6 bedrooms and up to 3,204 square feet, the community offers modern living close to Dallas. The company emphasizes its innovative online homebuying experience, streamlining the purchasing process.
FAQ
What is the current stock price of CENTURY COMMUNITIES (CCS)?
What is the market cap of CENTURY COMMUNITIES (CCS)?
What does Century Communities, Inc. specialize in?
Where is Century Communities, Inc. headquartered?
How many homebuilding segments does Century Communities, Inc. operate?
What financial services does Century Communities, Inc. offer?
What recent communities have Century Communities, Inc. launched?
How does Century Communities, Inc. sell homes?
What recognition has Century Communities, Inc. received?
What is the mission of Century Communities, Inc.?
How many homes did Century Communities, Inc. deliver in 2023?
What are the financial goals of Century Communities, Inc. for 2024?
