B. Riley Brokers Increase Earnings Estimates for CCS

Century Communities, Inc. (NYSE:CCS) – Equities research analysts at B. Riley upped their FY2025 earnings per share (EPS) estimates for Century Communities in a research note issued on Thursday, October 24th. B. Riley analyst A. Rygiel now expects that the construction company will earn $13.25 per share for the year, up from their previous estimate of $13.00. B. Riley currently has a “Buy” rating and a $119.00 target price on the stock. The consensus estimate for Century Communities’ current full-year earnings is $10.98 per share.

Separately, Wedbush raised their price objective on Century Communities from $90.00 to $96.00 and gave the stock a “neutral” rating in a report on Thursday.

Century Communities Trading Down 3.8 %

CCS opened at $90.33 on Friday. The stock’s fifty day moving average is $99.15 and its two-hundred day moving average is $90.57. The company has a market capitalization of $2.87 billion, a P/E ratio of 10.02 and a beta of 1.85. Century Communities has a 52 week low of $59.69 and a 52 week high of $108.42. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.44.

Century Communities (NYSE:CCS) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.56 by $0.16. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. Century Communities had a return on equity of 14.00% and a net margin of 7.90%. Century Communities’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period last year, the business posted $2.58 EPS.

Century Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Wednesday, August 28th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, August 28th. This represents a $1.04 annualized dividend and a yield of 1.15%. Century Communities’s payout ratio is currently 11.54%.

Insider Activity

In other news, CEO Robert J. Francescon sold 50,000 shares of Century Communities stock in a transaction on Friday, August 16th. The stock was sold at an average price of $92.64, for a total value of $4,632,000.00. Following the transaction, the chief executive officer now directly owns 477,931 shares in the company, valued at approximately $44,275,527.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director John P. Box sold 11,282 shares of Century Communities stock in a transaction on Friday, August 30th. The stock was sold at an average price of $100.07, for a total value of $1,128,989.74. Following the transaction, the director now directly owns 45,127 shares in the company, valued at approximately $4,515,858.89. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert J. Francescon sold 50,000 shares of Century Communities stock in a transaction on Friday, August 16th. The shares were sold at an average price of $92.64, for a total value of $4,632,000.00. Following the completion of the transaction, the chief executive officer now owns 477,931 shares in the company, valued at $44,275,527.84. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 11.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. CWC Advisors LLC. acquired a new stake in shares of Century Communities in the 3rd quarter worth $446,000. Assenagon Asset Management S.A. boosted its position in shares of Century Communities by 444.7% in the 3rd quarter. Assenagon Asset Management S.A. now owns 362,227 shares of the construction company’s stock worth $37,302,000 after purchasing an additional 295,729 shares in the last quarter. Ausbil Investment Management Ltd acquired a new stake in shares of Century Communities in the 3rd quarter worth $618,000. Signaturefd LLC boosted its position in shares of Century Communities by 14.1% in the 3rd quarter. Signaturefd LLC now owns 1,299 shares of the construction company’s stock worth $134,000 after purchasing an additional 161 shares in the last quarter. Finally, Everence Capital Management Inc. acquired a new stake in shares of Century Communities in the 3rd quarter worth $237,000. 99.54% of the stock is currently owned by hedge funds and other institutional investors.

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.