Century Communities (NYSE:CCS) Shares Gap Down on Disappointing Earnings

Key Points

• Century Communities shares fell sharply after third-quarter EPS of $1.01 missed the $1.22 consensus estimate, while revenue of $864.5 million came in below expectations and declined 11.8% year over year.
• Despite the earnings weakness, the company delivered 2,442 homes, reached a record 343 communities, and reported record book value per share of $90.61. Its acquisition of HistoryMaker Homes and expanded $1.2 billion revolving credit facility may support future growth.
• The company maintains a quarterly dividend of $0.32, representing a 2.4% annualized yield, while analysts have a consensus “Hold” rating and a $67 price target.

Century Communities, Inc. (NYSE:CCS - Get Free Report) gapped down before the market opened on Thursday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $56.69, but opened at $52.76. Century Communities shares last traded at $53.2650, with a volume of 50,976 shares changing hands.

The construction company reported $1.01 EPS for the quarter, missing analysts' consensus estimates of $1.22 by ($0.21). Century Communities had a return on equity of 6.06% and a net margin of 3.41%. The company had revenue of $864.47 million for the quarter, compared to analyst estimates of $949.83 million. During the same quarter in the prior year, the firm earned $1.52 EPS. The company's revenue for the quarter was down 11.8% compared to the same quarter last year.

Century Communities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 26th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Wednesday, August 26th. Century Communities's payout ratio is presently 28.07%.

Key Headlines Impacting Century Communities

Here are the key news stories impacting Century Communities this week:

• Positive Sentiment: Century Communities delivered 2,442 homes and increased its ending community count to a company-record 343, supporting future sales capacity. Book value per share also reached a record $90.61. Century Communities Reports Third Quarter 2026 Results
• Positive Sentiment: The company acquired the assets of HistoryMaker Homes on October 7, potentially expanding its geographic footprint and homebuilding platform. Century Communities also increased its revolving credit capacity to $1.2 billion, improving financial flexibility for growth. Century Communities Third-Quarter Results
• Neutral Sentiment: Management provided full-year 2026 earnings guidance and discussed the outlook during its earnings call. The guidance may help investors assess whether the company expects current housing-market pressures to ease, but the provided reports do not include the specific figures. Century Communities Provides 2026 Earnings Guidance
• Negative Sentiment: Third-quarter adjusted earnings were $1.01 per share, $0.21 below the $1.22 consensus estimate, while revenue of $864.5 million fell short of the $949.8 million estimate. Earnings also declined from $1.52 per share a year earlier. Century Communities Q3 Earnings and Revenue Miss Estimates
• Negative Sentiment: Revenue declined 11.8% year over year, indicating continued pressure on demand, pricing, or home closings. The miss and weaker year-over-year profitability are the most likely reasons for the stock’s recent weakness. Century Communities Q3 2026 Earnings Call Transcript

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Century Communities from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 24th. Zelman & Associates lowered shares of Century Communities from a "neutral" rating to an "underperform" rating in a research report on Tuesday, July 7th. Finally, Zacks Research downgraded shares of Century Communities from a "strong-buy" rating to a "hold" rating in a report on Monday, September 21st. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Century Communities currently has a consensus rating of "Hold" and a consensus price target of $67.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CCS. BlackRock Inc. acquired a new stake in Century Communities during the second quarter worth approximately $367,973,000. Heartland Advisors Inc. bought a new stake in shares of Century Communities during the second quarter worth about $37,006,000. Lakewood Capital Management LP acquired a new stake in Century Communities during the 2nd quarter worth approximately $34,898,000. Bank of New York Mellon Corp acquired a new stake in Century Communities in the second quarter valued at $20,055,000. Finally, Bank of America Corp DE acquired a new position in shares of Century Communities in the 2nd quarter worth approximately $12,589,000. Institutional investors and hedge funds own 99.54% of the company's stock.

Century Communities Price Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.56 and a current ratio of 0.56. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 11.70 and a beta of 1.28. The business has a 50 day moving average price of $61.12 and a 200-day moving average price of $62.40.

Century Communities Company Profile

Century Communities, Inc NYSE: CCS is a residential homebuilder that designs, develops and constructs single-family detached and attached homes for a range of homebuyers, including first-time, move-up and active-adult buyers. The company sells homes under the Century Communities and Century Complete brands, offering a variety of floor plans, home features and community amenities.

Founded in 2000 and headquartered in Denver, Colorado, Century Communities operates in numerous housing markets across the Western, Southern and Southeastern United States.

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