B. Riley Research Analysts Boost Earnings Estimates for CCS

Century Communities, Inc. (NYSE:CCS) – Stock analysts at B. Riley increased their FY2025 earnings per share (EPS) estimates for shares of Century Communities in a note issued to investors on Thursday, October 24th. B. Riley analyst A. Rygiel now anticipates that the construction company will post earnings of $13.25 per share for the year, up from their prior forecast of $13.00. B. Riley currently has a “Buy” rating and a $119.00 target price on the stock. The consensus estimate for Century Communities’ current full-year earnings is $10.98 per share.

Century Communities (NYSE:CCS) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Century Communities had a return on equity of 14.00% and a net margin of 7.90%. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the previous year, the firm earned $2.58 EPS. The business’s quarterly revenue was up 23.7% on a year-over-year basis.

Separately, Wedbush lifted their price objective on Century Communities from $90.00 to $96.00 and gave the company a “neutral” rating in a research report on Thursday.

Century Communities Stock Down 3.8 %

CCS stock opened at $90.35 on Friday. Century Communities has a twelve month low of $59.69 and a twelve month high of $108.42. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.44. The stock has a market cap of $2.87 billion, a P/E ratio of 10.03 and a beta of 1.85. The business’s 50-day moving average price is $99.15 and its 200-day moving average price is $90.57.

Institutional Trading of Century Communities

A number of large investors have recently added to or reduced their stakes in CCS. Covestor Ltd increased its stake in Century Communities by 95.0% in the 1st quarter. Covestor Ltd now owns 273 shares of the construction company’s stock worth $26,000 after acquiring an additional 133 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Century Communities in the 1st quarter worth approximately $57,000. Signaturefd LLC increased its stake in Century Communities by 11.2% in the 2nd quarter. Signaturefd LLC now owns 1,138 shares of the construction company’s stock worth $93,000 after acquiring an additional 115 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Century Communities by 37.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,050 shares of the construction company’s stock valued at $108,000 after purchasing an additional 287 shares during the last quarter. Finally, Innealta Capital LLC bought a new position in shares of Century Communities during the 2nd quarter valued at approximately $162,000. Institutional investors own 99.54% of the company’s stock.

Insider Activity at Century Communities

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

Century Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, August 28th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.15%. The ex-dividend date was Wednesday, August 28th. Century Communities’s dividend payout ratio (DPR) is presently 11.54%.

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.