Century Communities(NYSE) CCS

Century builds houses for people across the United States. They help families find and buy affordable new homes. The company also provides mortgages and insurance.

Building Homes for Americans

• Century Communities: Houses for first-time and move-up buyers with limited personalization; generated $580.1 million in revenue during Q1 2026.
• Century Complete: Entry-level homes sold mostly through the internet or local studios; generated $187.1 million in revenue during Q1 2026.
• Financial Services: Mortgage, title, and insurance products for homebuyers; generated $22.4 million in revenue during Q1 2026.
• Century Living: Development and management of apartment buildings for rent, with several active projects in Colorado.

Recent Business Moves

• Increased its revolving credit line with U.S. Bank National Association to $1 billion in April 2025.
• Sold land in Georgia for $32.5 million during the first quarter of 2026.
• Purchased $40 million of its own common stock during the first quarter of 2026.
• Raised the quarterly cash dividend by 10% to $0.32 per share in February 2026.

Efficiency and Speed

Century focuses on building move-in-ready houses before they are sold to speed up construction and pricing. About 98% of homes delivered in early 2026 followed this strategy to help buyers secure financing more quickly.

The Q1 2026 Scorecard

• Total revenue reached $789.7 million in Q1 2026, down 12.6% from the same period in 2025.
• Net income hit $24.4 million for Q1 2026, a 38% decrease from $39.4 million.
• New home deliveries fell 11.9% to 2,013 homes in Q1 2026.
• Net cash used in operating activities was $50.3 million in Q1 2026, which worsened from $36.6 million in Q1 2025.

Bottom Line

Century has evolved from a local builder into a national business that handles home construction, financing, and insurance. Its strategy of providing affordable, ready-to-buy homes allows it to serve first-time buyers across 16 states.