Century Communities, Inc. reported full year 2026 results: revenue home sales revenues to be in the range of $3.5 billion to $3.8 billion. Guidance lowered.
“Given the impact of the conflict in the Middle East as well as higher gas prices and interest rates on our order activity, we are reducing our full year 2026 home delivery guidance to be in the range of 9,500 to 10,500 homes and our home sales revenues to be in the range of $3.5 billion to $3.8 billion.”
Debt Financings
Century Communities, Inc. incurred senior notes of $500 million aggregate principal amount with U.S. Bank Trust Company, National Association at 6.625% per annum maturing September 15, 2033.
“entered into an Indenture (the “Indenture”) with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), pursuant to which the Company issued $500 million aggregate principal amount of its 6.625% Senior Notes due 2033 (the “Notes”).”
Robert J. Francescon was elected as Chief Executive Officer and President at Century Communities, Inc..
“elected Robert J. Francescon, the Company’s current Co-Chief Executive Officer and President, as sole Chief Executive Officer and President”
Dale Francescon was elected as Executive Chair at Century Communities, Inc..
“elected Dale Francescon, the Company’s current Chairman of the Board and Co-Chief Executive Officer, as Executive Chair”
J. Scott Dixon was appointed as Chief Financial Officer at Century Communities, Inc..
“On July 22, 2024, the Board of Directors of the Company approved the appointment of J. Scott Dixon as non-interim Chief Financial Officer, effective immediately.”
Shareholder Votes
Century Communities, Inc. shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2024-05-08 meeting.
“Proposal No. 4 - Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation . A frequency of every one year for future advisory votes on executive compensation was approved”
Shareholder Votes
Century Communities, Inc. shareholders approved Advisory Vote on Executive Compensation at the 2024-05-08 meeting.
“Proposal No. 3 - Advisory Vote on Executive Compensation . The Company’s stockholders approved the proposal to approve, on an advisory basis, our executive compensation”
Shareholder Votes
Century Communities, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-05-08 meeting.
“Proposal No. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm. The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024, was approved”
Shareholder Votes
Century Communities, Inc. shareholders approved Election of Directors at the 2024-05-08 meeting.
“Proposal No. 1 - Election of Directors . The seven director nominees proposed by the Board of Directors of the Company were elected”
Earnings Releases
Century Communities, Inc. reported the three months ended March 31, 2024 results: revenue $948.5 million, net income $64.3 million, EPS $2.00 per diluted share.
“per diluted share · Adjusted net income of $71.4 million, or $2.22 per diluted share · Pre-tax income of $84.3 million · Adjusted EBITDA of $109.6 million · Total revenues of $948.5 million · Deliveries of 2,358 homes · Net new home contracts of 2,866 · Homebuilding gross margin of 21.3% · Adjusted homebuilding gross margin of 22.8% · Completed the acquisition of”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.