Century Communities (CCS) Projected to Post Earnings on Wednesday

Century Communities (NYSE:CCS) is projected to post 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Century Communities (NYSE:CCS) last issued its quarterly earnings results on Wednesday, January 29th. The construction company reported $3.49 earnings per share (EPS) 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 Performance

CCS opened at $59.55 on Monday. Century Communities has a 52-week low of $55.85 and a 52-week high of $108.42. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.77 and a current ratio of 0.77. The business’s 50-day simple moving average is $67.51 and its 200 day simple moving average is $78.19. The firm 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend was 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 11.15%.

Wall Street Analysts Forecast Growth

CCS has been the topic of several research analyst reports. Wedbush reissued a “neutral” rating and issued a $93.00 price target (down from $96.00) on shares of Century Communities in a report on Thursday, January 30th. Zelman & Associates raised shares of Century Communities to a “hold” rating in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Century Communities has an average rating of “Hold” and an average price target 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.