Century Communities, Inc (NYSE:CCS) – Equities research analysts at Wedbush issued their Q1 2019 EPS estimates for Century Communities in a report issued on Friday. Wedbush analyst J. Mccanless forecasts that the construction company will post earnings of $0.27 per share for the quarter. Wedbush has a “Outperform” rating on the stock. Wedbush also issued estimates for Century Communities’ Q2 2019 earnings at $0.79 EPS and Q3 2019 earnings at $1.06 EPS.

Several other research analysts also recently weighed in on the stock. Zacks Investment Research raised shares of Century Communities from a “sell” rating to a “hold” rating in a research note on Tuesday, November 21st. J P Morgan Chase & Co upgraded Century Communities from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $28.00 to $32.00 in a report on Thursday, September 14th. FBR & Co restated a “buy” rating and issued a $30.00 price target on shares of Century Communities in a report on Tuesday, October 3rd. Finally, B. Riley restated a “buy” rating on shares of Century Communities in a report on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $30.50.

Shares of Century Communities (CCS) traded down $0.50 during mid-day trading on Monday, reaching $29.50. 170,794 shares of the company traded hands, compared to its average volume of 191,584. Century Communities has a 12-month low of $20.30 and a 12-month high of $31.90. The firm has a market cap of $823.06, a P/E ratio of 11.94 and a beta of 1.18. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.19.

Century Communities (NYSE:CCS) last announced its earnings results on Thursday, November 2nd. The construction company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.30. Century Communities had a net margin of 4.03% and a return on equity of 10.70%. The firm had revenue of $374.90 million during the quarter, compared to the consensus estimate of $409.42 million. During the same quarter in the previous year, the company posted $0.63 EPS. The firm’s revenue for the quarter was up 51.1% on a year-over-year basis.

Institutional investors and hedge funds have recently bought and sold shares of the business. Legal & General Group Plc grew its holdings in Century Communities by 6.9% in the 1st quarter. Legal & General Group Plc now owns 4,323 shares of the construction company’s stock valued at $110,000 after buying an additional 278 shares during the period. SG Americas Securities LLC purchased a new stake in Century Communities in the 3rd quarter valued at about $120,000. Alliancebernstein L.P. purchased a new stake in Century Communities in the 2nd quarter valued at about $216,000. Cubist Systematic Strategies LLC purchased a new stake in Century Communities in the 3rd quarter valued at about $224,000. Finally, Nordea Investment Management AB grew its holdings in Century Communities by 31.4% in the 2nd quarter. Nordea Investment Management AB now owns 9,200 shares of the construction company’s stock valued at $228,000 after buying an additional 2,200 shares during the period. Institutional investors own 66.49% of the company’s stock.

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Century Communities Company Profile

Century Communities, Inc engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, Nevada, and Utah. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as entitlement and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers.

Earnings History and Estimates for Century Communities (NYSE:CCS)

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