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CENTURY COMMUNITIES, INC. - CCS STOCK NEWS

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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.

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Century Communities, Inc. (NYSE: CCS) introduces Courtland Place, a new community in Cleburne, Texas, offering over 80 single-family homes from the upper $200s to mid $300s, located 30 miles from Fort Worth. The community provides easy access to shopping, dining, and entertainment, near outdoor recreation spots like Cleburne State Park.

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Century Communities, Inc. (NYSE: CCS) announced the grand opening of its Century Complete brand's new Sales Studio in Cape Coral, offering in-person support and resources for homebuyers and real estate agents. The Sales Studio combines online homebuying with in-person guidance to provide top-tier customer service. This marks the sixth studio opening in Florida this year, showcasing the company's commitment to customer satisfaction and industry innovation.

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Century Communities, Inc. reports strong first quarter 2024 results with net income up 93% YoY, adjusted net income up 114% YoY, and total revenues of $948.5 million. Home deliveries increased by 23% to 2,358 homes, with new home contracts up 42% YoY. The company's balance sheet remains robust with $2.4 billion in equity and $1.0 billion in liquidity. The outlook for the full year 2024 is positive, with expected deliveries of 10,000 to 11,000 homes and home sales revenues of $3.8 billion to $4.2 billion.
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Century Communities, Inc. unveils two new model homes at Blue Sky Meadows in Monroe, NC, featuring the Harding and Calderwood plans. The homes include main-floor primary suites, flex space, and smart home features, catering to homebuyers' needs. With a focus on quick move-in options and a variety of floor plans, Century Communities provides an exceptional homebuying experience at Blue Sky Meadows.
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Century Complete, a brand of Century Communities, Inc., has launched sales at Carly Court in Westland, Michigan, offering new homes starting from the high $200s with modern features and convenient access to key locations in the Detroit metro area.
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Century Communities, Inc. announces the availability of modern single-family homes in Lakeview Terrace, a new community near Seattle. The homes feature high-end amenities and are conveniently located near downtown Seattle and Renton's city center. Residents can enjoy community amenities and stunning views of Lake Washington. Homes are priced starting at $1.3 million, with a grand opening event scheduled for April 20.
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Century Communities, Inc. (NYSE: CCS) announces the launch of affordable single-family homes at Turquoise Hills in Benson, starting in the mid $200s. The homes offer modern layouts with up to four bedrooms, three bathrooms, and two-bay garages, located minutes away from Benson's city center and various attractions.
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Century Communities, Inc. (CCS) has been recognized as the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies for the second consecutive year. The company was evaluated based on customer trust, investor trust, and employee trust, standing out among 700 companies across 23 industries. This recognition highlights Century Communities' commitment to delivering top-quality homes and exceptional homebuying experiences.
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Century Communities, Inc. (CCS) introduces Century Complete brand at Pine Brook in Rincon, offering quality single-family floor plans from low $300s. The community features modern open-concept layouts, flex spaces, and great rooms. The company's online homebuying process provides convenience and flexibility, with in-person assistance available at the Lowcountry Sales Studio. Century Complete's industry-first online homebuying experience in Georgia simplifies the purchasing process, allowing buyers to work with their local real estate agent and finance through Inspire Home Loans®.
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Century Communities, Inc. (CCS) will release its first quarter 2024 financial results on April 24, 2024. A conference call will be held to discuss the results and recent events. Webcast and call-in details are available on the company's website.
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FAQ

What is the current stock price of CENTURY COMMUNITIES (CCS)?

The current stock price of CENTURY COMMUNITIES (CCS) is $72.24 as of January 9, 2025.

What is the market cap of CENTURY COMMUNITIES (CCS)?

The market cap of CENTURY COMMUNITIES (CCS) is approximately 2.3B.

What does Century Communities, Inc. specialize in?

Century Communities, Inc. specializes in building single-family homes, townhomes, and flats in major metropolitan markets across the U.S.

Where is Century Communities, Inc. headquartered?

Century Communities, Inc. is headquartered in Colorado.

How many homebuilding segments does Century Communities, Inc. operate?

Century Communities, Inc. operates five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete, along with a financial services segment.

What financial services does Century Communities, Inc. offer?

Century Communities, Inc. offers mortgage, title, and insurance services through its subsidiaries Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans.

What recent communities have Century Communities, Inc. launched?

Recently, Century Communities, Inc. launched Trails at Smoky Hill in Parker, Colorado, and University Village in San Antonio, Texas.

How does Century Communities, Inc. sell homes?

Century Communities, Inc. sells homes through its own sales representatives, independent real estate brokers, and by advertising directly via the Internet, newspapers, and trade publications.

What recognition has Century Communities, Inc. received?

Century Communities, Inc. has been recognized on Newsweek's list of America's Most Trustworthy Companies for both 2023 and 2024.

What is the mission of Century Communities, Inc.?

The mission of Century Communities, Inc. is to build attractive, high-quality homes at affordable prices, providing a home for every dream.

How many homes did Century Communities, Inc. deliver in 2023?

In 2023, Century Communities, Inc. delivered 9,568 homes and generated total revenues of $3.7 billion.

What are the financial goals of Century Communities, Inc. for 2024?

For 2024, Century Communities, Inc. aims to deliver between 10,000 and 11,000 homes and achieve home sales revenues between $3.8 billion and $4.2 billion.
CENTURY COMMUNITIES, INC.

NYSE:CCS

CCS Rankings

CCS Stock Data

2.26B
27.53M
12.13%
90.96%
5.89%
Real Estate - Development
Operative Builders
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United States of America
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