Posted by Defense World Staff on Apr 25th, 2025
Century Communities, Inc. (NYSE:CCS – Get Free Report)’s share price hit a new 52-week low during trading on Thursday following a dissappointing earnings announcement. The company traded as low as $54.03 and last traded at $55.40, with a volume of 226518 shares. The stock had previously closed at $60.07.
The construction company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.38). Century Communities had a net margin of 7.59% and a return on equity of 14.17%. The firm had revenue of $903.23 million during the quarter, compared to analyst estimates of $914.20 million.
Century Communities Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th were paid a $0.29 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $1.16 dividend on an annualized basis and a yield of 2.06%. This is a boost from Century Communities’s previous quarterly dividend of $0.26. Century Communities’s payout ratio is presently 11.15%.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on CCS shares. Wedbush decreased their price objective on Century Communities from $93.00 to $88.00 and set a “neutral” rating on the stock in a report on Thursday. Zelman & Associates raised Century Communities to a “hold” rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Century Communities presently has a consensus rating of “Hold” and a consensus price target of $101.33.
Read Our Latest Stock Analysis on CCS
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in Century Communities by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 1,971,664 shares of the construction company’s stock worth $144,641,000 after acquiring an additional 5,375 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Century Communities by 67.3% during the fourth quarter. First Trust Advisors LP now owns 1,120,495 shares of the construction company’s stock worth $82,200,000 after purchasing an additional 450,914 shares during the last quarter. Westwood Holdings Group Inc. increased its stake in shares of Century Communities by 14.1% in the fourth quarter. Westwood Holdings Group Inc. now owns 801,403 shares of the construction company’s stock valued at $58,791,000 after buying an additional 99,136 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in shares of Century Communities by 51.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 679,307 shares of the construction company’s stock valued at $49,834,000 after buying an additional 230,113 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Century Communities by 6.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 527,526 shares of the construction company’s stock valued at $38,699,000 after buying an additional 34,046 shares during the last quarter. Institutional investors own 99.54% of the company’s stock.
Century Communities Trading Down 6.2 %
The company’s 50-day moving average is $66.38 and its 200-day moving average is $77.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 5.42 and a beta of 1.76.
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.
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