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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, Inc., a leading national homebuilder, announced the launch of two new communities in Indiana: Tarkington Heights in Connersville and Landmark in New Castle. Tarkington Heights features homes starting in the mid $100s, ranging from 3 to 4 bedrooms and up to 2,009 square feet, with 5 homes available for May 2021 move-in. Landmark offers homes beginning in the low $200s, with a 1,603-square-foot ranch plan and convenient access to outdoor recreation. Both communities will benefit from Century's streamlined online purchasing process.
Century Communities, Inc. (NYSE: CCS) announced the launch of new homes at Mesa Verde, a gated community in Moreno Valley, California. The community features 117 homesites, with prices starting in the mid $400s. Homebuyers can choose from single- and two-story floor plans, including options for multi-generational living. Model homes will be available for tours starting March 6. The community is centrally located, providing easy access to key highways and amenities such as pools and playgrounds.
Century Communities (NYSE: CCS) is hosting a Grand Opening event for its new single-family home community, Chelsea's Way, in Cross Plains, TN, on March 6-7, 2021. The event will showcase the Calderwood floor plan, featuring two stories with designer finishes and an open-concept layout. Homebuyers can explore 6 additional floor plans and learn about homes starting from the high $200s. The community offers quick access to shopping and amenities. With 80 homesites available, it's an attractive opportunity for potential buyers in the Nashville area.
Century Communities, Inc. (NYSE: CCS) announced the grand opening of two new home communities in the Des Moines area: Brook Landing and Springview. Both communities feature affordable single-family homes starting from the mid $200s, with options for 3 to 4 bedrooms and up to 2,009 square feet. The homes come equipped with modern amenities and provide convenient access to local attractions. Closing cost assistance is available to buyers, enhancing affordability. This expansion marks a significant development for CCS as it strengthens its presence in the competitive housing market.
Century Communities announces the Grand Opening of Twin Oaks in Lake City, SC, featuring ranch and two-story homes. The development offers homes through Century Complete, which specializes in online homebuying. Prices start from the mid $100s, with options for 3 to 4 bedrooms and up to 1,607 sq. ft. Residents will enjoy proximity to Lake City Country Club and downtown amenities. This initiative emphasizes Century Communities' commitment to accessible housing.
Century Communities, Inc. (NYSE: CCS) reported strong financial results for Q4 2020, achieving a record net income of $91.8 million, a 72% increase year-over-year. Total home sales revenues rose 22% to $946.8 million, driven by a 14% increase in home deliveries. The backlog of homes grew 66% to 3,439 units valued at $1.3 billion. Full-year net income reached $206.2 million, showing a 83% increase from 2019. The company's financial position strengthened, with net homebuilding debt to net capital improving to 27.2%. Full-year 2021 guidance estimates deliveries between 10,500 and 11,500 homes.
Century Communities, a leading national homebuilder, is hosting a Grand Opening event for a new model home at Oconee Station in Jefferson, Georgia, on February 6, 2021. The community offers new two-story single-family homes starting from the mid $200s, featuring 4 to 6 bedrooms and 2.5 to 3 baths. The model home includes modern amenities, such as granite countertops and stainless-steel appliances. Located near major highways, the community ensures easy access to shopping, dining, and outdoor recreation. Limited closing cost assistance is available for buyers.
Century Communities, a top 10 national homebuilder, has announced the opening of three new communities in Michigan: Burton Estates, Corunna Estates, and Fox Run Estates. Homes are priced from the upper $100s to the low $200s, featuring single- and two-story designs with granite countertops and stainless-steel appliances. These homes are part of the Century Complete brand, emphasizing a simplified online homebuying process. The locations provide easy access to local amenities and outdoor activities, appealing to a variety of homebuyers.
Century Communities, Inc. (NYSE: CCS) has launched a new website integrating its two homebuilding brands, Century Communities and Century Complete, under a single domain. The website improves user experience by offering features like a fully online 'Buy Now' option for Century Complete homes, easy navigation for combined brand searches, and real-time online chat assistance. It aims to streamline the homebuying process, providing educational resources and connectivity to local specialists. This initiative reinforces Century's commitment to enhancing accessibility in homeownership.
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