Century Communities (NYSE:CCS – Get Free Report) announced its earnings results on Wednesday. The construction company reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.67, reports. Century Communities had a return on equity of 12.90% and a net margin of 7.47%. The business had revenue of $948.54 million for the quarter, compared to analyst estimates of $791.67 million.
Century Communities Stock Performance
Shares of CCS stock traded up $0.50 during trading on Friday, reaching $78.82. 330,332 shares of the company’s stock were exchanged, compared to its average volume of 289,567. The company has a quick ratio of 1.46, a current ratio of 1.20 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $2.50 billion, a PE ratio of 8.75 and a beta of 1.71. Century Communities has a twelve month low of $58.01 and a twelve month high of $97.92. The firm’s fifty day moving average price is $86.39 and its 200-day moving average price is $81.02.
Century Communities Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 13th. Investors of record on Wednesday, February 28th were issued a dividend of $0.26 per share. The ex-dividend date was Tuesday, February 27th. This is a positive change from Century Communities’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.32%. Century Communities’s payout ratio is presently 11.54%.
Institutional Trading of Century Communities
Wall Street Analyst Weigh In
CCS has been the topic of several recent analyst reports. Wedbush reaffirmed an “underperform” rating and set a $82.00 price target on shares of Century Communities in a research report on Thursday. B. Riley boosted their price target on Century Communities from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st.
Get Our Latest Stock Report on CCS
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.
Recommended Stories
- Five stocks we like better than Century Communities
- Russell 2000 Index, How Investors Use it For Profitable Trading
- MarketBeat Week in Review – 4/22 – 4/26
- Best Stocks Under $5.00
- 3 Stocks Leading the U.S. Agriculture Comeback
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Century Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Communities and related companies with MarketBeat.com's FREE daily email newsletter.