Century Communities (CCS) to Release Earnings on Wednesday

Century Communities (NYSE:CCS) will likely be issuing its quarterly earnings data after the market closes on Wednesday, January 29th. Analysts expect the company to announce earnings of $3.16 per share and revenue of $1,285,440.00 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Century Communities Stock Performance

NYSE:CCS opened at $76.77 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.63 and a current ratio of 0.63. Century Communities has a fifty-two week low of $68.49 and a fifty-two week high of $108.42. The firm has a market cap of $2.41 billion, a PE ratio of 7.65 and a beta of 1.91. The business has a 50 day moving average price of $80.05 and a 200-day moving average price of $90.58.

Century Communities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.04 annualized dividend and a yield of 1.35%. Century Communities’s payout ratio is currently 10.37%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CCS. Wedbush boosted their price objective on shares of Century Communities from $90.00 to $96.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. StockNews.com downgraded Century Communities from a “hold” rating to a “sell” rating in a report on Thursday, December 5th. B. Riley reiterated a “buy” rating and issued a $119.00 price objective (up previously from $113.00) on shares of Century Communities in a report on Thursday, October 24th. Finally, JPMorgan Chase & Co. upgraded Century Communities from an “underweight” rating to a “neutral” rating and cut their price objective for the stock from $110.00 to $97.00 in a research report on Friday, December 13th.

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.