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

Century Communities (NYSE:CCS - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Century Communities to post earnings of $1.78 per share and revenue of $914.20 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Century Communities (NYSE:CCS - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The construction company reported $3.49 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.33. Century Communities had a net margin of 7.59% and a return on equity of 14.17%. 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 Up 2.8 %

NYSE CCS traded up $1.60 during trading on Friday, hitting $59.55. The stock had a trading volume of 253,671 shares, compared to its average volume of 351,699. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.77 and a current ratio of 0.77. Century Communities has a 12 month low of $55.85 and a 12 month high of $108.42. The company's 50-day moving average price is $67.79 and its two-hundred day moving average price is $78.80. The company has a market capitalization of $1.83 billion, a PE ratio of 5.73 and a beta of 1.76.

Century Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.95%. The ex-dividend date was Wednesday, February 26th. This is an increase from Century Communities's previous quarterly dividend of $0.26. Century Communities's dividend payout ratio is presently 11.15%.

Analysts Set New Price Targets

Several research analysts have recently commented on CCS shares. Wedbush reiterated a "neutral" rating and set a $93.00 target price (down from $96.00) on shares of Century Communities in a research note on Thursday, January 30th. Zelman & Associates raised shares of Century Communities to a "hold" rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $103.00.

Century Communities Company Profile

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.