Q1 EPS Estimates for Century Communities Reduced by Wedbush

Century Communities, Inc. (NYSE:CCS - Free Report) - Research analysts at Wedbush lowered their Q1 2025 earnings per share estimates for shares of Century Communities in a research note issued to investors on Thursday, January 30th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $1.79 for the quarter, down from their previous estimate of $2.45. Wedbush has a "Neutral" rating and a $93.00 price target on the stock. The consensus estimate for Century Communities' current full-year earnings is $12.10 per share. Wedbush also issued estimates for Century Communities' Q2 2025 earnings at $2.25 EPS, FY2025 earnings at $10.53 EPS and FY2026 earnings at $11.20 EPS.

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

A number of other research firms also recently weighed in on CCS. JPMorgan Chase & Co. upgraded shares of Century Communities from an "underweight" rating to a "neutral" rating and dropped their price target for the company from $110.00 to $97.00 in a research report on Friday, December 13th. Zelman & Associates raised Century Communities to a "hold" rating in a report on Friday, January 31st. StockNews.com lowered Century Communities from a "hold" rating to a "sell" rating in a report on Thursday, December 5th. Finally, B. Riley reaffirmed a "buy" rating and issued a $119.00 price target (up previously from $113.00) on shares of Century Communities in a research note on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $103.00.

Century Communities Stock Performance

NYSE CCS traded up $0.11 during trading on Monday, reaching $76.94. The company's stock had a trading volume of 667,331 shares, compared to its average volume of 489,768. The firm has a 50 day moving average price of $78.11 and a 200 day moving average price of $89.72. Century Communities has a 12 month low of $68.49 and a 12 month high of $108.42. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 7.40 and a beta of 1.92. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.42.

Hedge Funds Weigh In On Century Communities

Several hedge funds and other institutional investors have recently modified their holdings of CCS. Assenagon Asset Management S.A. boosted its stake in Century Communities by 444.7% in the third quarter. Assenagon Asset Management S.A. now owns 362,227 shares of the construction company's stock valued at $37,302,000 after buying an additional 295,729 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Century Communities by 11.6% in the 3rd quarter. Franklin Resources Inc. now owns 490,758 shares of the construction company's stock valued at $48,502,000 after purchasing an additional 51,021 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Century Communities by 9.9% during the 3rd quarter. Jennison Associates LLC now owns 544,407 shares of the construction company's stock valued at $56,063,000 after purchasing an additional 49,256 shares during the last quarter. Bank of Montreal Can lifted its stake in Century Communities by 1,477.5% in the 3rd quarter. Bank of Montreal Can now owns 51,442 shares of the construction company's stock valued at $5,307,000 after purchasing an additional 48,181 shares during the last quarter. Finally, Basswood Capital Management L.L.C. lifted its stake in Century Communities by 11.8% in the 3rd quarter. Basswood Capital Management L.L.C. now owns 435,966 shares of the construction company's stock valued at $44,896,000 after purchasing an additional 46,104 shares during the last quarter. Institutional investors own 99.54% of the company's stock.

Century Communities Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Wednesday, February 26th. This is an increase from Century Communities's previous quarterly dividend of $0.26. Century Communities's dividend payout ratio (DPR) is currently 10.00%.

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.