Century Communities (CCS) Projected to Post Earnings on Wednesday

Century Communities (NYSE:CCS - Get Free Report) is anticipated 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 interested in participating in the company's earnings conference call can do so using this link.

Century Communities (NYSE:CCS - Get Free Report) last issued its earnings results on Wednesday, January 29th. The construction company reported $3.49 EPS for the quarter, topping 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 Price Performance

Shares of NYSE:CCS traded up $1.60 on Friday, reaching $59.55. 253,671 shares of the company were exchanged, compared to its average volume of 352,596. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.42. Century Communities has a 1-year low of $55.85 and a 1-year high of $108.42. The company has a 50-day moving average of $67.51 and a 200-day moving average of $78.19. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 5.73 and a beta of 1.76.

Century Communities Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th were given a dividend of $0.29 per share. This is a positive change from Century Communities's previous quarterly dividend of $0.26. This represents a $1.16 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend was Wednesday, February 26th. Century Communities's dividend payout ratio is presently 11.15%.

Analysts Set New Price Targets

CCS has been the topic of several research analyst reports. Zelman & Associates raised Century Communities to a "hold" rating in a research note on Friday, January 31st. Wedbush reissued a "neutral" rating and issued a $93.00 target price (down previously from $96.00) on shares of Century Communities in a report on Thursday, January 30th. One equities research 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. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus 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.