Century Communities (CCS) Scheduled to Post Quarterly Earnings on Wednesday

Century Communities (NYSE:CCS) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of $2.55 per share 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) last announced its quarterly earnings data on Wednesday, July 24th. The construction company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.19. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.03 billion. Century Communities had a return on equity of 14.00% and a net margin of 7.90%. The business’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same period last year, the company earned $1.60 EPS. 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 1.4 %

Shares of CCS opened at $100.19 on Wednesday. The business’s fifty day moving average price is $98.31 and its two-hundred day moving average price is $90.19. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 11.12 and a beta of 1.85. Century Communities has a 52 week low of $58.01 and a 52 week high of $108.42.

Century Communities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Wednesday, August 28th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date was Wednesday, August 28th. Century Communities’s dividend payout ratio (DPR) is currently 11.54%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CCS shares. B. Riley increased their price target on Century Communities from $110.00 to $113.00 and gave the company a “buy” rating in a research note on Thursday, July 25th. Wedbush increased their price target on Century Communities from $82.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th.

Insider Buying and Selling

In related news, Director John P. Box sold 11,282 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $100.07, for a total transaction of $1,128,989.74. Following the sale, the director now owns 45,127 shares of the company’s stock, valued at approximately $4,515,858.89. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director John P. Box sold 11,282 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $100.07, for a total transaction of $1,128,989.74. Following the sale, the director now owns 45,127 shares of the company’s stock, valued at approximately $4,515,858.89. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert J. Francescon sold 50,000 shares of Century Communities stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $92.64, for a total value of $4,632,000.00. Following the completion of the sale, the chief executive officer now directly owns 477,931 shares in the company, valued at $44,275,527.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 11.90% of the stock is currently owned by company insiders.

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.