Core Insights - Century Communities, Inc. has opened a new model home in Palm Coast, Florida, under its Century Complete brand, emphasizing its leadership in online home sales and recognition as one of America's Most Trustworthy Companies [1][10] - The new Roanoke model features an open-concept, single-story layout with high-quality finishes and is part of the affordable housing options available in the area [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 is recognized for its innovative online homebuying process [10] - The company aims to provide attractive, high-quality homes at affordable prices, with a mission encapsulated in the slogan "A HOME FOR EVERY DREAM" [10] Product Offering - The Roanoke model home includes desirable features such as a covered patio, quartz countertops, Kohler® water fixtures, luxury vinyl plank flooring, and stainless-steel appliances [2][5] - Affordable one- and two-story homes are currently selling in the Palm Coast Signature community, with prices starting from the low $300s [4][5] Sales and Marketing Strategy - Century Communities promotes a state-of-the-art online homebuying experience, allowing buyers to purchase homes 24/7 while also providing in-person assistance from local experts [7][8] - The company is set to launch a new community, Daytona North in Bunnell, with sales beginning on August 28, featuring one-story floor plans [3][4]

Group 1 - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's Most Trustworthy Companies for three consecutive years [4] - The company operates in 16 states and over 45 markets, providing a range of services including mortgage, title, insurance brokerage, and escrow through its subsidiaries [4] - The upcoming McCormick Trails development in Port Orchard, WA, features single- and two-story homes with modern amenities, including smart home technology and gourmet kitchens [6] Group 2 - A Grand Opening event for McCormick Trails is scheduled for August 16 and 17, featuring model tours and special offers [2] - The homes in McCormick Trails are priced from the $600s and offer various floor plans with 3 to 5 bedrooms and up to 2,949 square feet [3][6] - The development is strategically located near downtown Seattle, enhancing its appeal to potential homebuyers [6]

Group 1 - Century Communities, Inc. has declared a quarterly cash dividend of $0.29 per share, payable on September 10, 2025, to stockholders of record as of August 27, 2025 [1] - The company is recognized as one of the largest homebuilders in the U.S. and has been named one of America's Most Trustworthy Companies for three consecutive years [2] - Century Communities operates in 16 states and over 45 markets across the U.S., offering a range of services including mortgage, title, insurance brokerage, and escrow services [2] Group 2 - The company's mission is to build attractive, high-quality homes at affordable prices, aiming to provide customers with "A HOME FOR EVERY DREAM®" [2] - Century Communities has been designated as one of U.S. News & World Report's Best Companies to Work For for the years 2025-2026 [2] - The company engages in all aspects of homebuilding, including land acquisition, entitlement, development, construction, marketing, and sales [2]

Group 1 - Century Communities has a market capitalization of $1.73 billion, indicating it is not a major player in the homebuilding industry [1] - The company may not be widely recognized within the industry, suggesting potential for growth and investment opportunities [1] Group 2 - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and companies that generate it [1] - The service aims to identify value and growth prospects with real potential in the oil and gas sector [1]

Core Insights - Century Communities, Inc. is expanding its Century Complete brand to Nevada with the launch of Ishani Ridge in Pahrump, set to open for sales in August 2025, with homes starting from the $260s [1][3] Company Overview - Century Communities is recognized as a top 10 national homebuilder and an industry leader in online home sales, ranked highest on Newsweek's list of America's Most Trustworthy Companies 2025 [1][8] - The company operates in 17 states and over 45 markets across the U.S., providing a range of services including mortgage, title, insurance brokerage, and escrow through its subsidiaries [8] Product Offering - Ishani Ridge will feature over 170 single-family homesites with single-story floor plans, offering 3 to 4 bedrooms, 2 bathrooms, and 2-bay garages, with sizes ranging from 1,290 to 1,815 square feet [5] - Homes will include desirable features such as quartz countertops, stainless-steel appliances, Kohler® water fixtures, and luxury vinyl plank flooring [5] Online Homebuying Experience - Century Complete offers an industry-first online homebuying experience, allowing buyers to purchase homes easily while still working with their local real estate agents [4][6] - The online process includes steps such as selecting a home, filling out a Buy Online form, and electronically signing a purchase contract [6][7] Community Features - Ishani Ridge is positioned to provide a relaxed desert lifestyle with access to outdoor recreation and amenities, including proximity to hiking trails, Death Valley National Park, and wineries [2][5]

Core Insights - Century Communities, Inc. is expanding its Century Complete brand with new single-family homes in Kinsale, Macon, starting from the low $200s, featuring private, wooded homesites [1][2][7] - The community offers a variety of quality and affordable floor plans, with convenient access to I-475 and proximity to recreational areas like Lake Tobesofkee [1][4][7] - The company emphasizes its innovative online homebuying process, allowing buyers to purchase homes 24/7, complemented by in-person assistance [3][4][5][6] Company Overview - Century Communities, Inc. is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's and the World's Most Trustworthy Companies by Newsweek [7] - The company operates in 16 states and over 45 markets, providing a range of services including mortgage and insurance through its subsidiaries [7] - The mission of Century Communities is to build high-quality homes at affordable prices, catering to a diverse range of homebuyers [7]

Core Insights - Century Communities, Inc. has launched its Century Complete brand at Mesquite Hills in Cottonwood, AZ, offering affordable single-family homes in a desirable location [1][10] - The community features a new model home showcasing the Sterling floor plan, designed for comfort and convenience [3][4] - The homes are priced starting from the $360s, with various single-story floor plans available [4][7] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's Most Trustworthy Companies for three consecutive years [10] - The company operates in 16 states and over 45 markets, providing a range of services including mortgage and insurance through its subsidiaries [10] Community Features - Mesquite Hills is conveniently located near Highway 89A, surrounded by natural beauty and local attractions such as Mingus Mountain and Prescott National Forest [2][7] - The community offers single-story floor plans with up to 4 bedrooms and 2 bathrooms, featuring modern amenities like stainless-steel appliances and quartz countertops [3][7] Online Homebuying Experience - Century Complete provides an industry-first online homebuying experience, allowing buyers to purchase homes at their convenience while still working with local real estate agents [8][10] - The online process includes steps such as filling out a Buy Online form and electronically signing a purchase contract [12]

Core Insights - Century Communities, Inc. has launched its Century Complete brand at Creekside in Anderson, SC, offering affordable single-family homes starting from the mid $200s [1][3] - The new homes feature modern two-story floor plans, including the Dupont and Essex models, with open-concept layouts and high-quality finishes [2][7] - The location provides residents with easy access to Greenville and Clemson University, along with various outdoor recreational activities [3][7] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's Most Trustworthy Companies by Newsweek for three consecutive years [9] - The company operates in 16 states and over 45 markets, offering a range of services including mortgage and insurance through its subsidiaries [9] - The mission of Century Communities is to build attractive, high-quality homes at affordable prices, catering to a diverse range of homebuyers [9] Homebuying Process - The company provides an innovative online homebuying experience, allowing buyers to shop for homes and complete purchases at their convenience [5][8] - The process includes steps such as selecting a home, filling out a Buy Online form, and electronically signing a purchase contract [11] - In-person assistance is also available at their sales studio in Greenville, SC, enhancing the homebuying experience [4][5]

Financial Performance - For the three and six months ended June 30, 2025, total revenues were $1.0 billion and $1.9 billion, respectively, compared to $1.0 billion and $2.0 billion in the prior year periods [110]. - Net income for the three and six months ended June 30, 2025, was $34.9 million ($1.14 per diluted share) and $74.2 million ($2.40 per diluted share), respectively, down from $83.7 million ($2.61 per diluted share) and $148.1 million ($4.60 per diluted share) in the prior year [109]. - Total revenues for Q2 2025 were $1,000,724, a decrease of 3.3% from $1,039,450 in Q2 2024 [113]. - Home sales revenues decreased to $976,467 in Q2 2025 from $1,017,414 in Q2 2024, representing a decline of 4.0% [113]. - Net income for the six months ended June 30, 2025, was $74,238, down 50.0% from $148,055 in the same period of 2024 [113]. - Adjusted EBITDA for the six months ended June 30, 2025, was $152,230 thousand, a decrease of 36.6% from $240,263 thousand in the same period of 2024 [113]. - Net income for the three months ended June 30, 2025, was $34.9 million, a decrease of 58.4% compared to $83.7 million in the same period of 2024 [189]. - Adjusted net income for Q2 2025 was $42,100,000, a decline of 50.6% from $85,191,000 in Q2 2024 [194]. Home Delivery and Sales - The number of homes delivered during the three and six months ended June 30, 2025, was 2,587 and 4,871, respectively, representing a decrease of 1.1% and 2.1% compared to the prior year [110]. - Average sales price for homes delivered was $377.5 thousand and $381.9 thousand for the three and six months ended June 30, 2025, down 2.9% and 2.1% from the prior year [110]. - Net new home contracts decreased by 8.4% and 7.2% for the three and six months ended June 30, 2025, totaling 2,546 and 5,238, respectively [110]. - The number of homes delivered in Q2 2025 was 2,587, slightly down from 2,617 in Q2 2024 [113]. - The backlog at the end of Q2 2025 included 1,217 homes with an aggregate sales value of $465,990 thousand, compared to 1,753 homes valued at $754,623 thousand in Q2 2024 [113]. - The average sales price of backlog units decreased by 11.1% to $382.9 thousand as of June 30, 2025, compared to $430.5 thousand in the previous year [144]. Segment Performance - The Financial Services segment generated income before income tax expense of $6.2 million and $8.6 million for the three and six months ended June 30, 2025, reflecting a 9.9% increase and a 45.4% decrease from the prior year [112]. - The West segment reported income before tax of $46.4 million for the six months ended June 30, 2025, a decrease of 21.2% compared to the prior year [119]. - The Mountain segment's revenue decreased by $81.8 million for the six months ended June 30, 2025, primarily due to an 18.5% decrease in the number of homes delivered [120]. - The Texas segment generated income before tax of $18.5 million for the six months ended June 30, 2025, a decrease of 41.7% from the prior year, despite a revenue increase of $6.8 million [122]. - The Southeast segment's income before tax decreased by 45.6% to $25.4 million for the six months ended June 30, 2025, with revenue decreasing by $8.9 million [123]. - Century Complete segment reported a revenue decrease of $3.2 million for the six months ended June 30, 2025, with income before tax down 42.5% to $28.8 million [124]. Cash and Liquidity - Cash and cash equivalents at the end of Q2 2025 were $93.2 million, with $270.0 million outstanding under the revolving line of credit [111]. - Liquidity, consisting of cash and cash equivalents, cash held in escrow, and current capacity on the revolving line of credit, was $857.6 million as of June 30, 2025 [155]. - The company had $270.0 million outstanding under its revolving line of credit as of June 30, 2025, compared to $135.5 million at the end of 2024 [158]. - The total outstanding debt as of June 30, 2025, was $1.586 billion, an increase from $1.476 billion as of December 31, 2024 [169]. - The company had issued and outstanding letters of credit of $90.8 million and performance bonds of $454 million as of June 30, 2025 [180]. Strategic Management - The company owned and controlled 68,701 lots as of June 30, 2025, after strategically managing its lot pipeline and reducing land acquisition activities [111]. - The company anticipates that homebuilding markets will continue to be influenced by macroeconomic conditions and local economies, with strategies adapting accordingly [106]. - The company reduced land acquisition and development activities during the six months ended June 30, 2025, by terminating contracts that no longer met investment criteria [157]. - The company is exploring acquisitions of other homebuilders to expand its land portfolio and enhance organic growth [166]. Market Conditions - The company experienced inflationary pressures affecting land, financing, labor, and material costs, which may impact homebuyer demand [198]. - Seasonal fluctuations in homebuilding operations typically result in higher new home order activity during the spring [199]. - The U.S. Federal Reserve did not change the federal funds interest rate during the first half of 2025, impacting mortgage financing affordability [197]. - The company faces potential market risks from tariffs and duties imposed by the current U.S. Presidential Administration [196].

Core Viewpoint - Century Communities reported quarterly earnings of $1.37 per share, exceeding the Zacks Consensus Estimate of $1.16 per share, but down from $2.65 per share a year ago, indicating a significant earnings surprise of +18.10% [1] Financial Performance - The company posted revenues of $1 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 7.03%, compared to year-ago revenues of $1.04 billion [2] - Over the last four quarters, Century Communities has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Century Communities shares have declined approximately 13.1% since the beginning of the year, while the S&P 500 has gained 7.3% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $1.93 on revenues of $1.07 billion, and for the current fiscal year, it is $6.76 on revenues of $4.16 billion [7] - The outlook for the industry, particularly the Building Products - Home Builders sector, is currently in the bottom 21% of Zacks industries, which may impact stock performance [8]