Every material Form 8-K Century Communities has filed with the SEC since July 24, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Century Communities reported third-quarter 2026 results on October 28, 2026, with net income of $12.6 million, or $0.44 per diluted share, down from $37.4 million, or $1.25, a year earlier, and total revenues of $864.5 million, down from $980.3 million. The company now expects 2026 home deliveries of 9,350 to 9,650 and home sales revenues of $3.3 billion to $3.4 billion, which it attributed to the impact of increased mortgage rates on orders and deliveries. Shareholders face weaker profit and a lower volume outlook, partly offset by a record community count and record book value per share.
Q3 net income $12.6 million ($0.44 diluted EPS) vs. $37.4 million ($1.25) a year earlier; adjusted diluted EPS $1.01 vs. $1.52
Total revenues $864.5 million vs. $980.3 million; deliveries 2,442 homes vs. 2,486
Updated 2026 outlook: 9,350 to 9,650 home deliveries and $3.3 billion to $3.4 billion in home sales revenues, citing higher mortgage rates
Acquired HistoryMaker Homes assets on October 7, 2026; community count a record 343 and book value per share a record $90.61
On September 30, 2026, Century Communities amended its Credit Agreement with U.S. Bank National Association as administrative agent. The amendment increases total lender commitments to $1.2 billion, adds Flagstar Bank and Morgan Stanley Senior Funding as lenders, and extends the facility termination date for extending lenders to November 1, 2030. It also removes a 0.10% SOFR credit spread adjustment and revises the tangible net worth covenant.
Aggregate commitments increased to $1,200,000,000 under the amended Credit Agreement.
Facility termination date extended to November 1, 2030 for First Amendment Extending Lenders.
BMO Bank N.A. will be a Non-Extending Lender; Flagstar Bank, N.A. and Morgan Stanley Senior Funding, Inc. added as new lenders.
Tangible net worth covenant now requires at least approximately $1,766,519,096 plus 50% of net equity proceeds and 50% of quarterly net income after June 30, 2026.
Century Communities reported second-quarter 2026 revenue of $927.2 million, down from $1.0 billion a year earlier, while net income rose to $36.1 million, or $1.26 per diluted share, from $34.9 million, or $1.14, in the same quarter of 2025. The company raised the midpoint and low end of its full-year 2026 home delivery guidance to 9,750 to 10,500 homes, which matters to shareholders because it signals higher expected volume for the year, although first-half net income was lower than in 2025.
Q2 2026 total revenues of $927.2 million vs. $1,000.7 million in Q2 2025; deliveries of 2,506 homes vs. 2,587
Q2 2026 net income of $36.1 million, or $1.26 per diluted share, vs. $34.9 million, or $1.14, in Q2 2025
Six-month 2026 net income of $60.6 million vs. $74.2 million in the first half of 2025
Full-year 2026 delivery guidance raised to 9,750 to 10,500 homes, with home sales revenues expected at $3.5 billion to $3.8 billion
Century Communities reported first-quarter 2026 net income of $24.4 million, or $0.84 per diluted share, down from $39.4 million, or $1.26, a year earlier, on total revenues of $789.7 million versus $903.2 million. The company cut its full-year 2026 guidance to 9,500 to 10,500 home deliveries and $3.5 billion to $3.8 billion in home sales revenues, citing the Middle East conflict, higher gas prices and interest rates. Shareholders also received a 10% increase in the quarterly dividend, to $0.32 per share.
First-quarter total revenues were $789.7 million, down from $903.2 million, and deliveries were 2,013 homes, down from 2,284.
Adjusted diluted EPS was $0.88, compared with $1.39 in the first quarter of 2025.
Full-year 2026 guidance: 9,500 to 10,500 home deliveries and $3.5 billion to $3.8 billion in home sales revenues.
The company repurchased 617,087 shares for $40.0 million and raised its quarterly dividend 10% to $0.32 per share.
Century Communities reported fourth quarter 2025 total revenues of $1.2 billion, net income of $36.0 million ($1.21 per diluted share), and adjusted EPS of $1.59, all down sharply from the year-earlier quarter. Full year 2025 net income was $147.6 million ($4.86 per diluted share), down from $333.8 million in 2024; the company also gave 2026 guidance of 10,000 to 11,000 new home deliveries and $3.6 billion to $4.1 billion in home sales revenues. Net new home contracts rose 9.5% in the quarter, but lower deliveries and profit were the main measures for shareholders.
Q4 2025 net income was $36.0 million, or $1.21 per diluted share, versus $102.7 million, or $3.20 per diluted share, in Q4 2024.
Q4 2025 new home deliveries were 3,030, down from 3,198, while net new home contracts rose to 2,702 from 2,467.
Full year 2025 net income was $147.6 million, or $4.86 per diluted share, versus $333.8 million, or $10.40 per diluted share, in 2024.
2026 guidance: 10,000 to 11,000 new home deliveries and home sales revenues of $3.6 billion to $4.1 billion, assuming no significant changes to the current economic environment.
Century Communities reported third quarter 2025 results, with net income of $37.4 million, or $1.25 per diluted share, down from $83.0 million, or $2.59 per diluted share, a year earlier. Total revenues were $980.3 million, compared with $1.14 billion in the prior-year quarter, and home deliveries fell to 2,486 from 2,834. The company also narrowed its full-year 2025 delivery and home sales revenue guidance, which the filing does not compare with prior guidance.
Q3 net income $37.4 million ($1.25 diluted EPS) vs. $83.0 million ($2.59) in Q3 2024
Q3 adjusted net income $45.7 million ($1.52 adjusted diluted EPS) vs. $88.6 million ($2.77) a year earlier
Q3 home deliveries 2,486 vs. 2,834; total revenues $980.3 million vs. $1,136.9 million
Full-year 2025 guidance narrowed to 10,000 to 10,250 home deliveries and $3.8 to $3.9 billion in home sales revenues
Century Communities, Inc. issued $500 million of 6.625% Senior Notes due September 15, 2033, under an indenture dated September 17, 2025, with U.S. Bank Trust Company as trustee. The notes are unsecured senior obligations guaranteed by the company's subsidiary guarantors, and they add $500 million of long-term debt for shareholders to weigh against the company's existing obligations.
Principal of $500 million, interest at 6.625% per year, paid semi-annually starting March 15, 2026
Maturity date September 15, 2033; company may redeem at 100% plus a make-whole premium before September 15, 2028
If a change of control event occurs with a ratings downgrade, the company must offer to repurchase the notes at 101% of principal plus accrued interest
Notes are effectively subordinated to liabilities of non-guarantor subsidiaries and to future secured debt; notes were not registered under the Securities Act
Century Communities agreed to sell $500 million of 6.625% Senior Notes due 2033 in a private offering, expected to close September 17, 2025. The company plans to use the net proceeds of about $494 million, plus cash on hand, to fund the redemption of all $500 million of its 6.750% Senior Notes due 2027. The filing describes a refinancing of existing debt rather than a change in operations, and the filing does not report earnings or guidance.
Notes: $500 million principal, 6.625% interest, due 2033, sold at 100% of principal
Expected net proceeds of about $494 million after initial purchasers' discounts and fees
Proceeds plus cash on hand to fund redemption of all $500.0 million of 6.750% Senior Notes due 2027
Offering expected to close September 17, 2025, subject to customary closing conditions
Century Communities reported second-quarter 2025 net income of $34.9 million, or $1.14 per diluted share, down from $83.7 million, or $2.61 per diluted share, a year earlier. The homebuilder also revised its full-year 2025 guidance to 10,000 to 10,500 home deliveries and $3.8 to $4.0 billion in home sales revenues, which lowers the outlook for shareholders.
Q2 2025 net income was $34.9 million, or $1.14 per diluted share, versus $83.7 million, or $2.61 per diluted share, in Q2 2024.
Q2 2025 total revenues were $1.0 billion, compared with $1.04 billion in Q2 2024; deliveries were 2,587 homes versus 2,617.
Adjusted diluted EPS was $1.37, compared with $2.65 a year earlier.
Full-year 2025 guidance was revised to 10,000 to 10,500 home deliveries and $3.8 to $4.0 billion in home sales revenues.
Century Communities reported first quarter 2025 total revenues of $903.2 million and net income of $39.4 million, or $1.26 per diluted share, compared with $948.5 million and $64.3 million a year earlier. The company also reduced its full-year 2025 guidance to 10,400 to 11,000 home deliveries and $4.0 to $4.2 billion in home sales revenues, citing economic uncertainty, interest rate volatility and lower consumer confidence.
Q1 2025 net income was $39.4 million, or $1.26 per diluted share, versus $64.3 million, or $2.00 per diluted share, in Q1 2024
Adjusted net income was $42.2 million, or $1.36 per diluted share, versus $71.4 million, or $2.22 per diluted share, a year earlier
Q1 2025 deliveries were 2,284 homes and net new home contracts were 2,692, down 6.1% year over year
Full-year 2025 guidance now calls for 10,400 to 11,000 home deliveries and $4.0 to $4.2 billion in home sales revenues
Century Communities reported fourth-quarter 2024 net income of $102.7 million, or $3.20 per diluted share, up 13% from a year earlier, and full-year 2024 net income of $333.8 million, or $10.40 per diluted share. The company also gave 2025 guidance of 11,700 to 12,400 home deliveries and $4.5 billion to $4.8 billion in home sales revenues, which shareholders can compare with actual 2025 results.
Q4 2024 net income was $102.7 million, or $3.20 per diluted share, compared with $91.3 million, or $2.83, in Q4 2023
Full-year 2024 deliveries rose 15% to 11,007 homes, and total revenues were $4.4 billion
2025 outlook: 11,700 to 12,400 home deliveries and home sales revenues of $4.5 billion to $4.8 billion
In 2024 the company repurchased 1,027,702 shares for $83.8 million and paid dividends of $1.04 per share
Century Communities, Inc. entered into amended and restated employment agreements with Dale Francescon and Robert J. Francescon, effective January 1, 2025. The changes replace the company's Co-Chief Executive Officer structure with Robert J. Francescon as Chief Executive Officer and President and Dale Francescon as Executive Chair, and remove retirement payments and benefits in favor of an optional part-time strategic advisor role.
Robert J. Francescon becomes Chief Executive Officer and President, effective January 1, 2025
Dale Francescon becomes Executive Chair, effective January 1, 2025, ending the Co-Chief Executive Officer structure
Retirement definition and related payments and benefits are eliminated; executives may instead serve as part-time strategic advisors to the Board
Amended agreements were signed December 27, 2024 and filed as Exhibits 10.1 and 10.2
Century Communities said its board created an Executive Chair role and named Dale Francescon to it, while Robert J. Francescon becomes sole Chief Executive Officer and President, both effective January 1, 2025, as part of management succession planning. The board also amended the bylaws to clarify that the Chair and Vice Chair positions can be either executive or non-executive, effective the same date.
Dale Francescon moves from Chairman and Co-Chief Executive Officer to Executive Chair, effective January 1, 2025.
Robert J. Francescon becomes sole Chief Executive Officer and President, replacing his co-CEO role, effective January 1, 2025.
The bylaws were amended, effective January 1, 2025, to allow the Chair and Vice Chair roles to be executive or non-executive.
The company expects the executives' employment agreements to be amended before January 1, 2025.
Century Communities, Inc. entered a new $900 million senior unsecured revolving credit agreement dated November 1, 2024, which replaces its prior $800 million facility. The filing says the facility funds home construction, land acquisition and development, and working capital, with $414 million outstanding under the prior agreement as of September 30, 2024.
Facility size: up to $900 million, including a $250 million letter of credit sublimit, with a request option to increase by up to $400 million
Maturity: November 1, 2028, with options for extensions
Pricing: floating rate of Term SOFR or Daily Simple SOFR plus 1.45% to 2.30%, or a base rate plus 0.45% to 1.30%, based on leverage ratio
Covenants include a leverage ratio of 60% to 65%, interest coverage of at least 1.50 to 1.00, tangible net worth of at least about $1.75 billion plus specified add-ons, and liquidity of at least $40 million
Century Communities reported third quarter 2024 results for the period ended September 30, 2024, with home sales revenues of $1.1 billion, up 29% from a year earlier, and net income of $83.0 million, or $2.59 per diluted share, roughly flat with the prior year. The company raised its full-year 2024 guidance for home deliveries and home sales revenues, but its homebuilding debt to capital ratio rose to 35.8% from 31.1% at June 30, 2024.
Home sales revenues of $1.1 billion rose 29% year over year, and deliveries of 2,834 homes rose 25%.
Net income was $83.0 million, or $2.59 per diluted share, compared with $83.2 million, or $2.58 per diluted share, a year earlier.
Full-year 2024 guidance raised to 10,900 to 11,300 home deliveries and $4.3 to $4.4 billion in home sales revenues.
Homebuilding debt to capital was 35.8% at September 30, 2024, up from 31.1% at June 30, 2024.
Century Communities reported second-quarter 2024 net income of $83.7 million, or $2.61 per diluted share, up 63% from a year earlier, on total revenues of $1.0 billion, up 23%. The company raised its full-year 2024 guidance for home deliveries and home sales revenues, and its board approved a new repurchase authorization of up to an additional 4.5 million shares.
Q2 2024 net income of $83.7 million, or $2.61 per diluted share, versus $51.4 million in Q2 2023
Full-year 2024 guidance raised to 10,700 to 11,300 home deliveries and $4.2 billion to $4.4 billion in home sales revenues
Board authorized up to an additional 4.5 million shares for repurchase; total authorization is 5,078,143 shares as of July 24, 2024
J. Scott Dixon appointed non-interim Chief Financial Officer effective immediately; base salary raised to $650,000
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