Upscale Vilano Beach development boasts premium features, rooftop terraces on select units, and a quick walk to the beach Coming soon to Vilano Beach from the low $1 millions Location: 28 Castillo Vista Way St. Augustine, FL 32084 904.328.1451 ST. AUGUSTINE, Fla., Feb. 5, 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—is proud to ...

Online homebuying pioneer expands North Carolina presence WINSTON-SALEM, N.C., Feb. 3, 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—released a limited number of new homes for sale from the $280s at Creekbend, a new community just five miles from downtown Winston-Salem and with convenient proximity to employment and cultural hu ...

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].

Century Communities (CCS) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $3.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +14.80%. A quarter ago, it was expected that this single-family homebuilder would post earnings of $0.86 per share when it actually produced earnings of $1.52, delivering a surprise of +76.74%.Over the last four ...

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]

Century Communities (NYSE:CCS) Q4 2025 Earnings call January 28, 2026 05:00 PM ET Speaker6Welcome to the Century Communities fourth quarter and full year 2025 earnings conference call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. Please note that this conference call is being recorded. I will now turn the conference over t ...

INVESTOR PRESENTATION JANUARY 2026 FORWARD-LOOKING STATEMENTS Certain statements in this Investor Presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements often discuss our plans, strategies, intentions, markets, beliefs, forecasts and guidance, and may be identified by reference to a future period or periods or by the use of forward-looking terminology, such as "expects," "may," "will," "believes," ...

Financial Performance - Fourth quarter total revenues reached $1.2 billion, with home sales revenues totaling $1.1 billion[6] - Fourth quarter net income was $36.0 million, or $1.21 per diluted share, while adjusted net income was $47.1 million, or $1.59 per diluted share[6] - Full year 2025 total revenues amounted to $4.1 billion, with home sales revenues of $3.9 billion[10] - Full year 2025 net income was $147.6 million, or $4.86 per diluted share, with adjusted net income of $181.7 million, or $5.99 per diluted share[10] - Adjusted net income for Q4 2025 was $47,101, compared to $113,596 in Q4 2024, a decrease of 58.6%[35] - Adjusted diluted earnings per share (EPS) for Q4 2025 was $1.59, down from $3.54 in Q4 2024, a decline of 55.1%[35] - The company reported a net income of $35,956 for Q4 2025, compared to $102,741 in Q4 2024, a decrease of 65.0%[35] - Net income for Q4 2025 was $35,956, a decline of 65.0% compared to $102,741 in Q4 2024[42] - EBITDA for Q4 2025 decreased by 52.6% to $75,884 from $160,174 in Q4 2024[42] - Adjusted EBITDA for Q4 2025 was $97,352, down 47.2% from $184,502 in Q4 2024[42] Home Sales and Deliveries - Total residential units delivered in the fourth quarter were 3,435, including 3,030 new homes[4] - The average sales price of new home deliveries for the fourth quarter was $366,700, while for the full year it was $378,000[6][10] - Total new home contracts for 2025 were 10,326, a decrease of 3.3% from 10,676 in 2024[27] - Average sales price for homes delivered in 2025 was $378.0 thousand, down 3.3% from $390.9 thousand in 2024[27] - The number of new home deliveries in Q4 2025 was 3,030, down 5.3% from 3,198 in Q4 2024[27] - Home sales revenues for Q4 2025 were $1,111,045, a decrease of 10.9% from $1,246,697 in Q4 2024[39] Inventory and Assets - Lot inventory decreased from 80,632 in 2024 to 60,916 in 2025, a decline of 24.5%[31] - Backlog of homes as of December 31, 2025, was valued at $283,725 thousand, a decrease of 19.2% from $351,162 thousand in 2024[30] - Total assets decreased from $4,532,472 in 2024 to $4,459,895 in 2025, a decline of 1.6%[25] - Total liabilities decreased from $1,911,616 in 2024 to $1,868,163 in 2025, a decline of 2.3%[25] Shareholder Returns and Equity - The company repurchased 333,881 shares of common stock for $20.0 million in the fourth quarter and 2,267,723 shares for $143.6 million over the full year, returning a record $178 million to stockholders[14] - As of December 31, 2025, the company had a book value per share of $89.21, a company record[13] - The company reported a total stockholders' equity of $2,591,732 in 2025, slightly down from $2,620,856 in 2024[47] Margins and Debt - Homebuilding gross margin for the fourth quarter was 15.4%, with an adjusted gross margin of 18.3%[8] - Adjusted homebuilding gross margin excluding inventory impairment for Q4 2025 was $182,415, representing 16.4%, down from 21.2% in Q4 2024[39] - The adjusted homebuilding gross margin excluding interest, inventory impairment, and purchase price for 2025 was $781,661, or 19.9%, compared to 23.3% in 2024[39] - Total homebuilding debt decreased to $1,063,607 in 2025 from $1,140,973 in 2024[47] - The ratio of net homebuilding debt to net capital improved to 25.9% in 2025 from 27.4% in 2024[47] - Inventory impairment increased by 59.0% in Q4 2025 to $10,865 compared to $6,835 in Q4 2024[42]

Core Insights - Celestica, Inc. (CLS) is expected to report fourth-quarter 2025 earnings on January 28, with anticipated revenue growth driven by the Connectivity & Cloud Solutions segment due to strong demand in the communications market [2][10] Product Developments - During the quarter, Celestica launched the SD6300 ultra-dense storage expansion system to address the increasing AI data growth in both traditional and hyperscale data centers, optimizing space utilization within standard racks [3] - The company also introduced two new 1.6TbE data center switches, the DS6000 and DS6001, which are designed to support high-bandwidth AI/ML applications, effectively doubling the switching capacity of its current offerings [4] Market Performance - Celestica has gained significant traction in the rapidly growing AI data center market, with strong demand for its 800G switches among hyperscalers expected to drive growth in the communications sector, despite some weakness in the enterprise market [5] - The Zacks Consensus Estimate for CCS revenues is projected at $2.66 billion, up from $1.73 billion a year ago, while total revenue is expected to reach $3.45 billion, reflecting a year-over-year growth of 35.46% [6][10] Earnings Expectations - Net income for the quarter is projected at $218.5 million, with earnings per share estimated at $1.73, an increase from $1.11 in the same quarter last year [6]