Top 10 national builder will host February Grand Opening for Sunflower at One Lake FAIRFIELD, Calif., Feb. 26, 2026 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced the Company will host a Grand Opening event this month at One Lake in Fairfield, an amenity-packed planned community boasting access to a 21-acre recreational l ...

Century Complete Announces New Townhomes Coming Soon to Spartanburg, SC Community [Accessibility Statement] Skip NavigationNew community expands Spartanburg-area offerings from online homebuying leaderSPARTANBURG, S.C., Feb. 25, 2026 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—revealed that its Century Complete brand will soon be ...

[www.CenturyCommunities.com/BellaVistaCO]"From its great location to its exceptional lineup of floor plans at attractive price points, we're excited to showcase everything Bella Vista has to offer," said Colorado Division President Brittany Wall. "We encourage everyone to come check out our Grand Opening event, which will be a great opportunity to explore available homes, take advantage of amazing savings, and find your best fit."Single- and two-story floor plans at Bella Vista blend modern style and functi ...

and two-story floor plans 3 to 5 bed, 2 to 3 bath, and 2-bay garages 1,325 to 2,431 square feet All-electric homes Four model homes for tour Floor plans may feature lofts and/or studies Covered patios, main-floor 9' ceilings, quartz countertops, LG® stainless-steel kitchen appliances, Kohler® brand water fixtures, front yard landscaping, smart home technology and more included Luxury amenities include 73 acres of open space, community parks, a fitness center, a pool, splash pads, plus pickleball and basketb ...

Core Insights - Century Communities, Inc. is launching luxury townhomes at Breakwater Villas in Vilano Beach, St. Augustine, with sales expected to begin in summer 2026, starting from the low $1 million range [1][2]. Group 1: Development Features - The Breakwater Villas will feature upscale interiors, rooftop terraces on select units, and will be within walking distance to the beach [1][5]. - The townhomes will be three stories high, equipped with elevators, and will offer 3 bedrooms, 2.5 to 3 bathrooms, and 2- to 3-bay garages, starting from 2,700 square feet [5]. Group 2: Company Background - Century Communities is recognized as one of the largest homebuilders in the U.S. and has been named one of America's Most Trustworthy Companies by Newsweek for three consecutive years [7]. - The company operates in 16 states and over 45 markets across the U.S., providing a range of services including mortgage, title, insurance brokerage, and escrow services through its subsidiaries [7]. Group 3: Online Homebuying Experience - Century Communities offers an industry-first online homebuying experience, allowing customers to shop for homes and complete purchases electronically [3][6].

Core Insights - Century Communities, Inc. is expanding its presence in North Carolina with the launch of Creekbend, a new community offering homes starting from the $280s, located five miles from downtown Winston-Salem [1][4] - The company is recognized as a leader in online home sales and has been featured in Newsweek's lists of America's and the World's Most Trustworthy Companies [1][8] - Creekbend features two-story floor plans with up to 2,014 square feet, four bedrooms, and desirable amenities such as LG® stainless-steel appliances and quartz countertops [2][5] Company Overview - Century Communities is one of the largest homebuilders in the U.S., operating in 16 states and over 45 markets, and offers a range of services including mortgage and insurance through its subsidiaries [8] - The company aims to provide high-quality homes at affordable prices, with a mission encapsulated in the slogan "A HOME FOR EVERY DREAM®" [8] - Century Communities has received accolades for being one of the best companies to work for, as recognized by U.S. News & World Report for 2025-2026 [8] Product Offering - The homes at Creekbend include features such as open-concept layouts, two-bay garages, and luxury vinyl plank flooring, appealing to a wide range of homebuyers [5][6] - The online homebuying process allows customers to purchase homes 24/7, while also providing in-person assistance from local experts [4][6] - Homebuyers can streamline their purchasing process by financing through Century Complete's affiliate lender, Inspire Home Loans® [6]

Home Deliveries and Construction - As of December 31, 2025, the company delivered 10,792 residential units, including 10,387 new homes, 105 previously leased rental homes, and 300 multi-family units[28]. - Approximately 94% of the 10,387 new homes delivered had purchase prices below the Federal Housing Administration-insured mortgage limits, and about 99% were built as move-in ready homes[20]. - The homebuilding operations are organized into five reportable segments: West, Mountain, Texas, Southeast, and Century Complete[19]. - The homebuilding industry experiences seasonal fluctuations, with the highest new home order activity typically occurring in spring, leading to more home deliveries in the second half of the year[44]. - The majority of cash receipts from home deliveries occur during the second half of the year, influenced by seasonal patterns[324]. Lot Position and Pipeline Management - The company reduced its lot pipeline by terminating certain contracts, resulting in a charge of $11.2 million recorded as other expense[33]. - The owned and under control lot position was 60,916 as of December 31, 2025, with 57.1% owned and 42.9% controlled through option contracts, a decrease from 80,632 as of December 31, 2024[33]. Market Strategy and Operations - The company operates in 16 states and over 45 markets, with a focus on affordable housing options across various buyer segments[24][21]. - The strategy includes maintaining a strong balance sheet, controlling costs, and increasing market share through organic growth and acquisitions[30]. - The company aims to provide strong, risk-adjusted returns on stockholders' equity and inventory while adapting to market changes[29]. - The Century Complete brand primarily targets entry-level homebuyers and aims to offer homes at lower prices than resales and other new home offerings[41]. Financial Services and Borrowings - The Financial Services segment is primarily driven by Inspire, which originates mortgage loans primarily for homebuilding customers, indicating a strong correlation with homebuilding operations[46]. - Inspire sells nearly all originated loans within 30 days, primarily using third-party mortgage repurchase facilities, minimizing the duration of loan ownership[47]. - Borrowings under the Credit Agreement bear interest at a floating rate between 1.45% and 2.30% per annum, based on the company's leverage ratio[317]. - The company has fixed rate debt with an average interest rate of 5.3% and variable rate debt with an average interest rate of 5.5% as of December 31, 2025[320]. Employee and Workplace Safety - The total number of employees as of December 31, 2025, was 1,660, a decrease of approximately 11.4% compared to December 31, 2024[60]. - Employee compensation packages include competitive base pay and performance-based bonuses, aimed at attracting and retaining top talent[62]. - The company has established Century University for employee training, covering various operational and safety topics[63]. - The recordable injury rate for Century's direct employees was 0.68% in 2025, reflecting a commitment to workplace health and safety[69]. Community Engagement and Ethical Standards - The Century Communities Foundation, a nonprofit controlled by employees, supports local initiatives and community engagement[70]. - The company emphasizes ethical standards in vendor partnerships, expecting compliance with laws and workplace policies[66]. Economic and Regulatory Environment - The company faces competition in the homebuilding industry characterized by low barriers to entry, impacting land acquisition and pricing strategies[54]. - The company is subject to various local, state, and federal regulations that can impose costs and delays in homebuilding projects[48]. - Inflation has adversely impacted homebuilding operations, leading to higher costs and potentially weakened demand for homes[321].

分组1 - Century Communities reported quarterly earnings of $1.59 per share, exceeding the Zacks Consensus Estimate of $1.39 per share, but down from $3.49 per share a year ago, representing an earnings surprise of +14.80% [1] - The company achieved revenues of $1.23 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 15.63%, although this is a decrease from year-ago revenues of $1.27 billion [2] - Over the last four quarters, Century Communities has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] 分组2 - The stock has increased approximately 6.9% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.34 on revenues of $935.49 million, and for the current fiscal year, it is $7.57 on revenues of $4.23 billion [7] - The Zacks Industry Rank for Building Products - Home Builders is currently in the bottom 2% of over 250 Zacks industries, indicating potential challenges for the sector [8]

Financial Data and Key Metrics Changes - The company delivered 3,435 residential units in Q4 2025, exceeding guidance, with a total of 10,792 units delivered for the full year [4] - Net income for Q4 was $36 million, or $1.21 per diluted share, with adjusted net income at $47 million, or $1.59 per diluted share [19] - Home sales revenues for Q4 reached $1.1 billion, up 16% sequentially, while average sales price decreased by 5% to $367,000 [19][20] - The company reduced net leverage to 26% and generated cash flow from operations of over $150 million [5] Business Line Data and Key Metrics Changes - The Century Living segment contributed to revenues with the sale of a 300-unit multifamily community for $97 million [20] - The company achieved a record net new contracts of 2,702 homes in Q4, a 10% increase year-over-year and a 13% increase sequentially [9] - Direct construction costs decreased by an average of $13,000 per home, and cycle times improved to a record 114 calendar days [6][12] Market Data and Key Metrics Changes - The mortgage capture rate was 84% for both Q4 and the full year, representing records for the company [22] - Adjustable rate mortgages accounted for approximately 25% of originated mortgages in Q4, up from nearly 20% in Q3 [11] Company Strategy and Development Direction - The company plans to grow deliveries by 10% annually in 2026 and 2027 based on existing lot counts, assuming improved market conditions [6][15] - A disciplined approach will be maintained in slower market conditions, focusing on flexibility in land acquisition and development [7][15] - The company aims to deepen its market share in existing markets to drive improved margins and returns [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the spring selling season, noting improved order activity and potential consumer interest [28][30] - The company remains cautious, acknowledging that previous expectations for strong sales did not materialize last year [28][52] - Management highlighted the importance of external factors such as interest rate relief and consumer confidence in driving demand [7] Other Important Information - The company repurchased over 7% of its shares outstanding at the beginning of the year and returned a record $178 million to shareholders through dividends and share repurchases [5][23] - The average community count increased by 13% to 318 communities, with expectations for low- to mid-single-digit percentage growth in 2026 [12][14] Q&A Session Summary Question: Insights on the spring selling season and consumer behavior - Management noted that while January sales pace has been slower, order activity has improved sequentially, and there is hope for a better spring selling season [27][28] Question: Expectations for gross margin in the upcoming quarter - Management indicated that gross margins may see a slight pullback due to incentives but expect a more balanced approach moving forward [39] Question: Geographic performance trends - Management did not identify specific regions outperforming others but noted increased traffic driven by mortgage rate trends [40] Question: Remaining stock repurchase authorization - Approximately 1.5 million shares remain under the stock repurchase program [42] Question: Factors influencing SG&A as a percentage of sales - Management explained that Q1 is typically the lowest closing quarter, contributing to a higher percentage of SG&A [49] Question: Confidence in dialing back incentives - Management expressed caution, indicating that they will need to monitor market conditions closely before adjusting incentives [52]

Financial Data and Key Metrics Changes - The company delivered 3,435 residential units in Q4 2025, exceeding guidance, with a total of 10,792 units delivered for the full year [4] - Net income for Q4 was $36 million, or $1.21 per diluted share, with adjusted net income at $47 million, or $1.59 per diluted share [19] - Home sales revenues for Q4 reached $1.1 billion, up 16% sequentially, while average sales price decreased by 5% to $367,000 [19] Business Line Data and Key Metrics Changes - The Century Living segment contributed to revenues with the sale of a 300-unit multifamily community for $97 million [20] - The company repurchased over 7% of its shares outstanding at the beginning of the year, totaling 2.3 million shares for $178 million [5][25] Market Data and Key Metrics Changes - The average community count increased by 13% to 318 communities in 2025, with expectations for low- to mid-single-digit percentage growth in 2026 [12][14] - The mortgage capture rate was 84% for both Q4 2025 and the full year, representing records for the company [23] Company Strategy and Development Direction - The company plans to maintain a disciplined approach to growth, focusing on existing lot counts and not expanding for the sake of growth alone [7] - The land acquisition and development expense is expected to remain flat in 2026, with the ability to adjust based on market conditions [15][16] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the spring selling season, noting improved order activity and potential consumer interest [29][31] - The company anticipates that any interest rate relief or governmental support for homebuyers could unlock buyer demand [7] Other Important Information - The company maintained a quarterly cash dividend of $0.29 per share and ended the year with $2.6 billion in stockholders' equity [24] - The company achieved a record book value per share of $89 at the end of Q4 2025 [5][25] Q&A Session Summary Question: Insights on the spring selling season - Management noted that while January sales pace has been slower compared to the previous year, order activity has improved sequentially, and they are hopeful for a better spring selling season [29][30] Question: Expectations for gross margin - Management indicated that gross margins may see a slight pullback due to incentives but expect to revert to a more balanced approach in the future [41][42] Question: Community count growth - Management expects community count to grow steadily throughout the year, particularly in the middle and back half of the year [33] Question: Stock repurchase authorization - Approximately 1.5 million shares remain under the stock repurchase program [45] Question: SG&A as a percentage of sales - SG&A is expected to be 14.5% in Q1 2026, higher than previous levels due to typical seasonal trends [51][52]