WCI Communities Company Profile (NYSE:WCIC)

About WCI Communities

WCI Communities logoWCI Communities, Inc. is a holding company. The Company is a lifestyle community developer and luxury homebuilder of single- and multi-family homes, including luxury high-rise tower units, in coastal Florida's markets. The Company's segments include Homebuilding, Real Estate Services and Amenities. The Homebuilding segment designs, sells and builds single- and multi-family homes and tower units. The Company operates a full-service real estate brokerage business under the Berkshire Hathaway HomeServices brand and title services that complement its Homebuilding operations by providing with additional opportunities to capitalize on increasing home prices throughout Florida. The Company's Amenities segment primarily includes the construction, ownership and management of recreational amenities in residential communities that it develops. The Company owns or controls approximately 13,300 home sites, of which approximately 7,900 are owned and 5,400 are controlled by the Company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Residential Construction
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WCIC
  • CUSIP:
Key Metrics:
  • Previous Close: $23.45
  • 50 Day Moving Average: $23.43
  • 200 Day Moving Average: $22.12
  • 52-Week Range: $15.41 - $24.28
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.94
  • P/E Growth: 0.74
  • Market Cap: $N/A
  • Beta: 1.39
Profitability:
  • Net Margins: 5.26%
  • Return on Equity: 8.10%
  • Return on Assets: 4.40%
Debt:
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 0.72%
  • Quick Ratio: 0.72%
Additional Links:
Companies Related to WCI Communities:

Analyst Ratings

Consensus Ratings for WCI Communities (NYSE:WCIC) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $20.19 (13.89% downside)

Analysts' Ratings History for WCI Communities (NYSE:WCIC)
Show:
DateFirmActionRatingPrice TargetDetails
10/31/2016Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformView Rating Details
9/19/2016WedbushInitiated CoverageNeutral$23.50 -> $21.00View Rating Details
8/31/2016JMP SecuritiesInitiated CoverageOutperform$22.00 -> $18.77View Rating Details
7/12/2016Credit Suisse GroupReiterated RatingBuyView Rating Details
5/20/2016SidotiInitiated CoverageBuyView Rating Details
4/28/2016FBR & CoReiterated RatingOutperform$23.00 -> $21.00View Rating Details
1/13/2016J P Morgan Chase & CoUpgradeUnderweight -> Neutral$24.00View Rating Details
9/9/2015Sterne Agee CRTDowngradeBuy -> Neutral$27.00View Rating Details
2/27/2015Citigroup Inc.DowngradeBuy -> Neutral$22.00 -> $25.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for WCI Communities (NYSE:WCIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2016        
7/27/2016Q216$0.30$0.35$156.99 million$167.40 millionViewListenView Earnings Details
4/27/2016Q116$0.17$0.25$121.90 million$138.30 millionViewListenView Earnings Details
2/17/2016Q415$0.37$0.37$162.92 million$165.00 millionViewListenView Earnings Details
10/28/2015Q315$0.31$0.38$145.03 million$150.20 millionViewListenView Earnings Details
7/29/2015Q215$0.30$0.37$140.48 million$150.70 millionViewListenView Earnings Details
4/29/2015Q115$0.17$0.21$96.75 million$97.70 millionViewN/AView Earnings Details
2/25/2015Q414$0.33$0.48$131.10 million$1.20 billionViewN/AView Earnings Details
11/4/2014Q314$0.17$0.12$96.78 million$89.70 millionViewN/AView Earnings Details
8/5/2014Q2$0.21$0.17$104.51 million$93.00 millionViewN/AView Earnings Details
5/6/2014Q114$0.13$0.06$76.88 million$73.80 millionViewN/AView Earnings Details
2/25/2014Q413$0.26$5.16$90.29 million$94.80 millionViewN/AView Earnings Details
11/12/2013Q313($0.02)($0.71)$54.17 million$85.50 millionViewListenView Earnings Details
8/20/2013Q213$0.45$48.50 million$83.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for WCI Communities (NYSE:WCIC)
Current Year EPS Consensus Estimate: $1.27 EPS
Next Year EPS Consensus Estimate: $1.57 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.26$0.26$0.26
Q4 20161$0.68$0.68$0.68
(Data provided by Zacks Investment Research)

Dividends

Dividend History for WCI Communities (NYSE:WCIC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for WCI Communities (NYSE:WCIC)
Insider Ownership Percentage: 9.70%
Institutional Ownership Percentage: 84.08%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/9/2015Monarch Alternative Capital LpInsiderSell1,000,000$25.26$25,260,000.00View SEC Filing  
8/21/2015Reinaldo L MesaInsiderSell2,000$24.37$48,740.00View SEC Filing  
7/13/2015Monarch Alternative Capital LpDirectorSell1,688,668$23.10$39,008,230.80View SEC Filing  
7/13/2015Stonehill Capital Management LInsiderSell1,561,332$23.10$36,066,769.20View SEC Filing  
5/11/2015Vivien N HastingsSVPSell1,100$22.96$25,256.00View SEC Filing  
4/21/2015Monarch Alternative Capital LpDirectorSell1,941,969$22.75$44,179,794.75View SEC Filing  
4/13/2015Vivien N HastingsSVPSell1,100$23.48$25,828.00View SEC Filing  
3/9/2015Vivien N HastingsSVPSell1,100$22.46$24,706.00View SEC Filing  
2/9/2015Vivien N HastingsSVPSell1,100$20.00$22,000.00View SEC Filing  
1/12/2015Vivien N HastingsSVPSell1,100$20.01$22,011.00View SEC Filing  
1/9/2015Reinaldo L MesaInsiderSell1,808$20.00$36,160.00View SEC Filing  
1/9/2015Russell DevendorfCFOSell1,897$20.00$37,940.00View SEC Filing  
12/8/2014Vivien N HastingsSVPSell1,100$19.04$20,944.00View SEC Filing  
11/28/2014Keith E BassCEOSell9,388$18.73$175,837.24View SEC Filing  
10/13/2014Vivien N HastingsSVPSell1,100$17.60$19,360.00View SEC Filing  
9/2/2014Reinaldo L MesaInsiderSell1,492$20.00$29,840.00View SEC Filing  
9/2/2014Russell DevendorfCFOSell1,944$20.00$38,880.00View SEC Filing  
8/28/2014Reinaldo L MesaInsiderSell2,300$20.03$46,069.00View SEC Filing  
8/28/2014Russell DevendorfCFOSell2,959$20.02$59,239.18View SEC Filing  
8/25/2014Reinaldo L MesaInsiderSell4,400$20.05$88,220.00View SEC Filing  
8/25/2014Russell DevendorfCFOSell5,200$20.06$104,312.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for WCI Communities (NYSE:WCIC)
DateHeadline
marketexclusive.com logoWCI Communities, Inc. (NYSE:WCIC) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (NYSE:WCIC)
marketexclusive.com - February 20 at 7:36 PM
nasdaq.com logoHarvest Management Llc Buys Reynolds American, Endurance Specialty Holdings, NXP Semiconductors ... (NYSE:WCIC)
www.nasdaq.com - February 14 at 3:53 PM
News IconWCI Communities is now part of the Lennar Family of Companies (NYSE:WCIC)
theopendoor.lennar.com - February 12 at 6:58 AM
us.rd.yahoo.com logo1:00 pm Index Changes Reminder: Cooper Tire (CTB (NYSE:WCIC)
us.rd.yahoo.com - February 11 at 6:15 AM
biz.yahoo.com logoWCI COMMUNITIES, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stand (NYSE:WCIC)
biz.yahoo.com - February 11 at 6:15 AM
capitalcube.com logoWCI Communities, Inc. breached its 50 day moving average in a Bearish Manner : WCIC-US : February 8, 2017 (NYSE:WCIC)
www.capitalcube.com - February 9 at 6:39 AM
News IconWci Communities INC (WCIC) Shareholder Thomson Horstmann & Bryant INC Cut Its Stake (NYSE:WCIC)
randolphguide.com - January 27 at 3:55 PM
capitalcube.com logoWCI Communities, Inc. – Value Analysis (NYSE:WCIC) : January 23, 2017 (NYSE:WCIC)
www.capitalcube.com - January 24 at 2:48 AM
capitalcube.com logoWCI Communities, Inc. breached its 50 day moving average in a Bearish Manner : WCIC-US : January 20, 2017 (NYSE:WCIC)
www.capitalcube.com - January 20 at 3:41 PM
moodys.com logoLennar Corporation -- Moody's assigns Ba1 rating to Lennar's proposed senior unsecured notes; outlook stable (NYSE:WCIC)
www.moodys.com - January 14 at 1:51 AM
biz.yahoo.com logoWCI COMMUNITIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit (NYSE:WCIC)
biz.yahoo.com - December 24 at 2:00 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Rigrodsky & Long, P.A. Files Class Action Suit Against WCI Communities, Inc. (NYSE:WCIC)
finance.yahoo.com - December 23 at 4:32 AM
openpr.com logoWCI Communities Inc (NYSE:WCIC) Investor Lawsuit against Takeover by Lennar Corporation (NYSE:WCIC)
www.openpr.com - December 21 at 11:30 AM
finance.yahoo.com logoThird Avenue Small-Cap Value Fund 3rd Quarter Commentary (NYSE:WCIC)
finance.yahoo.com - December 20 at 9:30 AM
finance.yahoo.com logoThird Avenue Comments on Lennar (NYSE:WCIC)
finance.yahoo.com - December 13 at 4:17 PM
sbwire.com logoLawsuit for Investors in Shares of WCI Communities Inc (NYSE:WCIC) Against Takeover by Lennar Corporation Filed (NYSE:WCIC)
www.sbwire.com - December 6 at 12:52 PM
insidermonkey.com logoHow WCI Communities Inc (WCIC) Stacks Up Against Its Peers (NYSE:WCIC)
www.insidermonkey.com - December 6 at 12:52 PM
capitalcube.com logoWCI Communities, Inc. breached its 50 day moving average in a Bearish Manner : WCIC-US : November 30, 2016 (NYSE:WCIC)
us.rd.yahoo.com - December 1 at 9:23 PM
capitalcube.com logoETFs with exposure to WCI Communities, Inc. : December 1, 2016 (NYSE:WCIC)
www.capitalcube.com - December 1 at 9:23 PM
News IconAttention Investors Who Hold Shares of WCI Communities Inc (NYSE:WCIC) Should Contact the Shareholders Foundation (NYSE:WCIC)
satprnews.com - November 22 at 1:07 PM
4-traders.com logoWCI Communities : Bonita Springs seeks court answers on golf course annexation, WCI high-rise plans (NYSE:WCIC)
www.4-traders.com - November 19 at 8:07 PM
capitalcube.com logoETF’s with exposure to WCI Communities, Inc. : November 4, 2016 (NYSE:WCIC)
www.capitalcube.com - November 4 at 7:53 PM
capitalcube.com logoWCI Communities, Inc. :WCIC-US: Earnings Analysis: Q3, 2016 By the Numbers : November 3, 2016 (NYSE:WCIC)
www.capitalcube.com - November 3 at 12:41 PM
News IconWCI Communities Shows $8.8M 3rd-QTR Profit (NYSE:WCIC)
www.builderonline.com - November 2 at 8:50 PM
sg.finance.yahoo.com logoWCI beats Street 3Q forecasts (NYSE:WCIC)
sg.finance.yahoo.com - November 1 at 8:29 PM
finance.yahoo.com logo6:59 am WCI Communities announces expiration of 'Go-Shop' period under proposed merger w/ Lennar (LEN (NYSE:WCIC)
finance.yahoo.com - October 27 at 9:37 AM
publicnow.com logoWCI Communities Announces Expiration of "Go-Shop" Period Under Merger Agreement (NYSE:WCIC)
www.publicnow.com - October 27 at 9:37 AM
biz.yahoo.com logoWCI COMMUNITIES, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:WCIC)
biz.yahoo.com - October 27 at 9:37 AM
News IconInvestor News: Buyout of WCI Communities Inc (NYSE:WCIC) under Investigation (NYSE:WCIC)
www.groundreport.com - October 5 at 7:52 PM
News IconINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of WCI Communities, Inc. And Encourages Shareh... (NYSE:WCIC)
ih.advfn.com - September 30 at 7:16 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of WCI Communities, Inc. And Encourages Shareholders To Contact The Firm For Additional Information (NYSE:WCIC)
finance.yahoo.com - September 30 at 7:16 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of WCI Communities Inc. to Lennar Corp. for $23.50 Per Share is Fair to Shareholders -- WCIC (NYSE:WCIC)
finance.yahoo.com - September 29 at 7:57 PM
News IconSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of WCI Communities, Inc. And Encourages Inv... (NYSE:WCIC)
ih.advfn.com - September 28 at 7:48 PM
finance.yahoo.com logoWCI COMMUNITIES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates … (NYSE:WCIC)
finance.yahoo.com - September 28 at 7:48 PM
4-traders.com logoAcquisition of WCI Communities Inc (NYSE:WCIC) Under Investigation for Investors (NYSE:WCIC)
www.4-traders.com - September 28 at 7:48 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of WCI Communities Inc. to Lennar Corp. for $23.50 Per Share is Fair to Shareholders (NYSE:WCIC)
finance.yahoo.com - September 26 at 8:03 PM
investors.com logoLennar Inc buys Florida-focused rival for US$643mln (NYSE:WCIC)
www.proactiveinvestors.com - September 23 at 7:24 PM
rttnews.com logoWCI Communities Inc. (WCIC) Surged After Bought By Lennar (NYSE:WCIC)
www.rttnews.com - September 23 at 7:24 PM
finance.yahoo.com logoWCI SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of WCI Communities, Inc. (WCIC) … (NYSE:WCIC)
finance.yahoo.com - September 23 at 7:24 PM
biz.yahoo.com logoWCI COMMUNITIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:WCIC)
biz.yahoo.com - September 23 at 7:24 PM
finance.yahoo.com logoWCI SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of WCI Communities, Inc. (WCIC) Over the Proposed Sale of the Company to Lennar Corporation (NYSE:WCIC)
finance.yahoo.com - September 23 at 7:24 PM
capitalcube.com logoWCI Communities, Inc.: Leads amongst peers with strong fundamentals (NYSE:WCIC)
www.capitalcube.com - September 23 at 7:24 PM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of WCI Communities, Inc. (NYSE:WCIC)
finance.yahoo.com - September 23 at 7:24 PM
reuters.com logoHomebuilder Lennar to buy WCI in $643 million deal to expand in Florida (NYSE:WCIC)
in.reuters.com - September 22 at 7:42 PM
News IconWCI Communities announces merger agreement with Lennar Corporation for $643 Million (NYSE:WCIC)
bdmag.com - September 22 at 7:42 PM
etfdailynews.com logoHomebuilder Consolidation Begins: Lennar to Acquire WCI Communities (NYSE:WCIC)
etfdailynews.com - September 22 at 7:42 PM
marketwatch.com logoWCI Communities stock soars after $643 million Lennar buyout deal (NYSE:WCIC)
www.marketwatch.com - September 22 at 7:42 PM
finance.yahoo.com logoWCI Communities Announces Definitive Merger Agreement with Lennar Corporation for Approximately $643 Million (NYSE:WCIC)
finance.yahoo.com - September 22 at 7:42 PM
reuters.com logoHomebuilder Lennar to buy WCI Communities in $643 million deal (NYSE:WCIC)
www.reuters.com - September 22 at 7:42 PM
rttnews.com logoWCI Communities Inc. (WCIC) Is Soaring After Bought By Lennar (NYSE:WCIC)
www.rttnews.com - September 22 at 7:42 PM

Social

What is WCI Communities' stock symbol?

WCI Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "WCIC."

Where is WCI Communities' stock going? Where will WCI Communities' stock price be in 2017?

6 equities research analysts have issued 1-year target prices for WCI Communities' stock. Their predictions range from $18.77 to $21.00. On average, they expect WCI Communities' share price to reach $20.19 in the next year.

When will WCI Communities announce their earnings?

WCI Communities is scheduled to release their next quarterly earnings announcement on Wednesday, July, 27th 2016.

What are analysts saying about WCI Communities stock?

Here are some recent quotes from research analysts about WCI Communities stock:

  • According to Zacks Investment Research, "WCI Communities, Inc. is a lifestyle community developer and luxury homebuilder of single- and multi-family homes. The Company operates in three segments: Homebuilding, Real Estate Services, and Amenities. The Homebuilding segment designs, builds, and sells single and multi family homes. The Real Estate Services segment provides real estate brokerage, and title insurance and closing services. The Amenities segment constructs, owns, and manages recreational amenities. Its communities are primarily located in Florida. WCI Communities, Inc. is headquartered in Bonita Springs, Florida. " (8/2/2016)

  • Raymond James Financial, Inc. analysts commented, "surprise" drop in order growth.The Florida-based lifestyle community developer reported first-quarter earnings of $0.25, topping consensus view of $0.17 on 63.9 percent growth in homebuilding revenues to $109.8 million. The company delivered 254 homes in the first quarter, up 84.1 percent from last year.However, new orders fell 1.9 percent to 310. This implies a huge drop versus fourth quarter when the company reported 30 percent growth in new orders. The first quarter orders widely missed Raymond James +29 percent estimate.JustificationAnalyst Buck Horne noted that "the headline also masks some unusual intra-quarter volatility," as WCI recorded 35 percent order growth in February, but March orders collapsed 24 percent."We suspect the calendar shift of Easter into March (when many seasonal FL residents move back north) may have robbed WCI of a valuable selling weekend this year," Horne wrote in a note.Related Link: Homebuilder Investors Losing Confidence After Surprise Decline In Existing Home SalesThe analyst said a "warmer weather outside Florida this year, stock market volatility, and the cumulative effect of last year's home price increases" may have weighed on the order growth. Horne noted that WCI's active-adult communities saw weaker absorption rate."[I]t now appears active adult demand in Southwest Florida was more deeply impacted this spring by a variety of factors, which in turn, reduces our visibility on a near-term catalyst to support a Strong Buy rating," Horne said.In addition, the analyst said "a quick snapback in demand is unlikely," as the company noted that April orders were tracking roughly flat y/y. Horne also highlighted that "the peak selling season for Florida's seasonal active adult buyers (50 percent of 1Q sales) has now already passed."While demand trends appeared to generally moderate across Florida this quarter when compared to the prior year, we believe the Florida housing market remains healthy," Keith Bass, the company's president and chief executive officer, said in a statement.Estimates And Price TargetHorne lowered his 2016 and 2017 EPS estimates to $1.30 and $2.10 from $1.40 and $2.35, respectively.The analyst also cut his near-term target price to $20 from $23. But he believes in WCI's longer-term demographic opportunity, and the embedded value of its high-quality Florida assets."For longer term investors, though, we believe patience will be rewarded, as the shares' current valuation (7 percent discount to GAAP book value, 25 percent discount to our adjusted BV) marks a compelling entry-point with limited downside, in our view," (4/28/2016)

Who owns WCI Communities stock?

WCI Communities' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Monarch Alternative Capital LP (9.01%), Stonehill Capital Management LLC (7.47%), Alpine Associates Management Inc. (4.77%), CNH Partners LLC (4.12%), Pentwater Capital Management LP (3.21%) and Dimensional Fund Advisors LP (3.15%). Company insiders that own WCI Communities stock include Monarch Alternative Capital Lp, Reinaldo L Mesa, Stonehill Capital Management L and Vivien N Hastings.

Who sold WCI Communities stock? Who is selling WCI Communities stock?

WCI Communities' stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Third Avenue Management LLC, Basswood Capital Management L.L.C. and Dimensional Fund Advisors LP.

Who bought WCI Communities stock? Who is buying WCI Communities stock?

WCI Communities' stock was acquired by a variety of institutional investors in the last quarter, including Monarch Alternative Capital LP, Alpine Associates Management Inc., CNH Partners LLC, Pentwater Capital Management LP, Marshall Wace LLP, Renaissance Technologies LLC, State Street Corp and Gabelli Funds LLC.

How do I buy WCI Communities stock?

Shares of WCI Communities can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of WCI Communities stock cost?

One share of WCI Communities stock can currently be purchased for approximately $23.45.

WCI Communities (NYSE:WCIC) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for WCI Communities (NYSE:WCIC)

Earnings History Chart

Earnings by Quarter for WCI Communities (NYSE:WCIC)

Dividend History Chart

Dividend Payments by Quarter for WCI Communities (NYSE:WCIC)

Last Updated on 2/23/2017 by MarketBeat.com Staff