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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 celebrates its 10th anniversary as a public homebuilder, marking significant milestones since its IPO on June 18, 2014. The company has maintained 40 consecutive quarters of profitability and expanded into 16 new states and over 40 markets. It has achieved numerous accolades, including being named the fastest-growing U.S. homebuilder for three consecutive years and the highest-ranked homebuilder on Newsweek's 2024 list of America's Most Trustworthy Companies. The company is also recognized for its industry-first online homebuying experience, enabling a seamless purchase process for homebuyers.
Century Communities, a top 10 national homebuilder and leader in online home sales, announced the grand opening of Sundial at Bellevue Ranch in Merced, CA, in late summer 2024. The new community will add over 90 homesites, offering single-family homes starting from the mid $400s. This follows their successful Crest View project, which opened in February 2024. Sundial at Bellevue Ranch will feature modern layouts, smart home features, and proximity to UC Merced. The company prides itself on its online homebuying experience, allowing buyers to complete the entire purchase process online.
Century Communities, a leading homebuilder and online home sales pioneer, has announced the launch of Spring Creek, a new housing community in San Antonio's Far West Side, with homes starting from the mid $200s. The community offers a variety of single- and two-story homes with up to 4 bedrooms and 2,260 square feet of living space, featuring modern amenities like shaker-style cabinets, quartz countertops, and smart home technology. Located near the 1604 Loop and Highway 90, residents will have quick access to downtown San Antonio and key attractions like Lackland Air Force Base and Six Flags Fiesta Texas. A ribbon-cutting ceremony was held on June 7, and homes are available for immediate purchase online or in-person.
Century Communities (NYSE: CCS), in partnership with the Houston Texans, The Howard Hughes , GHBA, and Operation Finally Home, welcomed U.S. Army Sergeant Joanna Ellenbeck and her daughter to a custom-built, mortgage-free home in The Woodlands Hills, north of Houston. The announcement was made during a Houston Texans game on December 18, 2022, and the family moved in on May 16, 2024. The 2,012 sq. ft. home features modifications for Ellenbeck's daughter's needs, such as widened doors and a harness system. Ellenbeck, who served in the Army for over eight years, was recognized for her service with multiple awards. The event included representatives from all partner organizations.
Century Communities (NYSE: CCS) has announced the sale of more than 150 new single-family homes at Sperling Farms in Ferris, Texas. This expansion in the Dallas-Fort Worth area features both single- and two-story homes with modern, open-concept designs and a variety of included features. Prices start in the low $300,000s. The homes offer 3 to 5 bedrooms, 2 to 2.5 bathrooms, and up to 2,447 square feet of living space. The community is conveniently located just 20 miles from downtown Dallas, offering easy access to local amenities and attractions. The company emphasizes its industry-first online homebuying experience, allowing buyers to shop, place a deposit, and sign purchase contracts entirely online.
"Sperling Farms is a great opportunity for buyers seeking quality, affordability, and proximity to Dallas," said David Aughinbaugh, Dallas Division President.
Century Communities (NYSE: CCS) announced the grand opening of its Southwind community in southwest Las Vegas on June 1, 2024. The event will showcase two new model homes, featuring Residence 2308 and Residence 2605 floor plans. Located near Blue Diamond Road, Southwind offers convenient access to downtown Las Vegas and Red Rock Canyon. Home prices start in the low $500k range, with over 140 single-family homesites available. The homes feature modern amenities like quartz countertops and stainless-steel appliances. Buyers can also take advantage of Century Communities' online homebuying platform.
Century Communities announced the expansion of its Century Complete brand in the Huntsville, AL area. In 2024-2025, the company plans to add over 400 new homesites across three new communities in Athens. Century Complete, known for affordable new construction, offers homes in Athens, Owens Cross Roads, and Meridianville, with prices starting from the high $200s to low $300s. Homes feature contemporary layouts, granite countertops, and stainless-steel appliances. The company highlights its online homebuying process, allowing buyers to shop, place deposits, and sign contracts online. This expansion aims to meet the growing demand for affordable housing in the Huntsville metro area.
Century Communities announced its Century Complete brand is now selling new homes in LaBelle, FL, at Belle Arbor. The community offers homes starting from the high $200s, featuring single-family floor plans with up to 4 bedrooms and 1,811 sq. ft. Belle Arbor is located near parks, marinas, and employment opportunities in Fort Myers, about 30 miles away. The company’s online homebuying process makes purchasing easier, with quick move-in options and financing through Inspire Home Loans®. -time savings and USDA loan options are available, and the homes come with a new home warranty.
Century Communities, a top 10 national builder and industry leader in online home sales, has joined The Aurora Highlands, a 4,000-acre planned community in Aurora, Colorado. The company offers homes starting from the mid $500s, featuring ranch and two-story floor plans from its Colorado Collection. Additional features include walkout basements, covered patios, and 3-bay garages. A model home showcasing the two-story Vail II plan is available for tours. The Aurora Highlands boasts amenities like Winged Melody Park and a future Beach Club with indoor and outdoor pools. The community provides easy access to major areas including downtown Denver and Denver International Airport.
Century Communities (NYSE: CCS), a leading U.S. homebuilder, has announced a quarterly cash dividend of $0.26 per share, as declared by its Board of Directors.
The dividend will be paid on June 12, 2024, to shareholders who are on record by the close of business on May 29, 2024.
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