Century Communities (CCS) Expected to Announce Quarterly Earnings on Wednesday

Century Communities (NYSE:CCS - Get Free Report) is expected to release its earnings data after the market closes on Wednesday, January 29th. Analysts expect Century Communities to post earnings of $3.16 per share and revenue of $1,285,440.00 billion for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Century Communities (NYSE:CCS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.16. Century Communities had a return on equity of 13.79% and a net margin of 7.44%. The company had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same period in the prior year, the business earned $2.58 earnings per share. Century Communities's revenue for the quarter was up 23.7% compared to the same quarter last year. On average, analysts expect Century Communities to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Century Communities Stock Performance

CCS stock traded up $1.41 on Wednesday, reaching $77.24. 373,545 shares of the company were exchanged, compared to its average volume of 407,588. The firm has a market capitalization of $2.42 billion, a PE ratio of 7.70 and a beta of 1.91. Century Communities has a 12 month low of $68.49 and a 12 month high of $108.42. The stock's fifty day moving average price is $80.60 and its 200 day moving average price is $90.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.63 and a quick ratio of 0.63.

Century Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Wednesday, November 27th were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.04 annualized dividend and a dividend yield of 1.35%. Century Communities's payout ratio is 10.37%.

Analysts Set New Price Targets

CCS has been the topic of a number of recent research reports. Wedbush lifted their target price on Century Communities from $90.00 to $96.00 and gave the stock a "neutral" rating in a research report on Thursday, October 24th. B. Riley reiterated a "buy" rating and issued a $119.00 price objective (up previously from $113.00) on shares of Century Communities in a research report on Thursday, October 24th. JPMorgan Chase & Co. upgraded Century Communities from an "underweight" rating to a "neutral" rating and lowered their price objective for the company from $110.00 to $97.00 in a research report on Friday, December 13th. Finally, StockNews.com cut Century Communities from a "hold" rating to a "sell" rating in a research report on Thursday, December 5th.

About Century Communities

Century Communities, Inc, together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its homebuyers.