Century Communities (CCS) Projected to Post Earnings on Wednesday

Century Communities (NYSE:CCS - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.09 per share and revenue of $910.70 million for the quarter.

Century Communities (NYSE:CCS - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The construction company reported $1.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.74 by ($0.38). Century Communities had a return on equity of 12.80% and a net margin of 7.10%. The company had revenue of $903.23 million during the quarter, compared to analyst estimates of $914.20 million. During the same period last year, the business earned $2.22 earnings per share. The firm's revenue was down 2.1% compared to the same quarter last year. 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 Trading Up 2.6%

Century Communities stock traded up $1.51 during midday trading on Wednesday, reaching $59.27. 456,389 shares of the stock traded hands, compared to its average volume of 385,571. The company has a 50-day simple moving average of $55.37 and a two-hundred day simple moving average of $63.91. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1.81 billion, a PE ratio of 6.14 and a beta of 1.44. Century Communities has a 12-month low of $50.42 and a 12-month high of $108.42.

Century Communities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 28th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend was Wednesday, May 28th. Century Communities's dividend payout ratio (DPR) is 12.01%.

Analysts Set New Price Targets

Several analysts have recently issued reports on CCS shares. B. Riley assumed coverage on Century Communities in a research report on Monday, June 30th. They issued a "buy" rating and a $70.00 price objective on the stock. Wedbush dropped their target price on Century Communities from $93.00 to $88.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $85.00.

Insider Activity

In related news, Director Elisa Z. Ramirez bought 500 shares of the stock in a transaction dated Friday, May 9th. The stock was acquired at an average price of $54.68 per share, for a total transaction of $27,340.00. Following the completion of the purchase, the director owned 8,981 shares in the company, valued at $491,081.08. This represents a 5.90% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought a total of 2,400 shares of company stock valued at $130,426 in the last ninety days. 12.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Century Communities

A number of large investors have recently modified their holdings of CCS. Royal Bank of Canada grew its stake in shares of Century Communities by 6.5% in the first quarter. Royal Bank of Canada now owns 14,837 shares of the construction company's stock valued at $995,000 after buying an additional 910 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Century Communities by 138.0% in the first quarter. AQR Capital Management LLC now owns 71,831 shares of the construction company's stock valued at $4,820,000 after buying an additional 41,653 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Century Communities by 3.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,429 shares of the construction company's stock valued at $1,102,000 after buying an additional 529 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Century Communities by 1,513.3% in the first quarter. Jones Financial Companies Lllp now owns 1,210 shares of the construction company's stock valued at $81,000 after buying an additional 1,135 shares in the last quarter. Finally, Intech Investment Management LLC boosted its holdings in Century Communities by 16.7% in the first quarter. Intech Investment Management LLC now owns 21,096 shares of the construction company's stock valued at $1,416,000 after purchasing an additional 3,026 shares during the last quarter. Institutional investors and hedge funds own 99.54% of the company's stock.

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.