Century Communities (CCS) Projected to Post Earnings on Wednesday

Century Communities (NYSE:CCS) is projected to release its earnings data after the market closes on Wednesday, January 29th. Analysts expect Century Communities to post earnings of $3.16 per share and revenue of $1,285,440.00 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Century Communities Stock Performance

Century Communities stock opened at $78.89 on Tuesday. Century Communities has a 52 week low of $68.49 and a 52 week high of $108.42. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.44. The stock has a market cap of $2.47 billion, a P/E ratio of 7.87 and a beta of 1.91. The stock has a 50 day moving average of $80.05 and a 200-day moving average of $90.65.

Century Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.32%. The ex-dividend date was Wednesday, November 27th. Century Communities’s dividend payout ratio is currently 10.37%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. raised shares of Century Communities from an “underweight” rating to a “neutral” rating and reduced their price target for the stock from $110.00 to $97.00 in a research report on Friday, December 13th. Wedbush increased their target price on Century Communities from $90.00 to $96.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. B. Riley reiterated a “buy” rating and issued a $119.00 price target (up from $113.00) on shares of Century Communities in a report on Thursday, October 24th. Finally, StockNews.com cut Century Communities from a “hold” rating to a “sell” rating in a research note on Thursday, December 5th.

About Century Communities

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.