Century Communities, Inc. (CCS) To Go Ex-Dividend on August 26th

Century Communities, Inc. (NYSE:CCS) announced a quarterly dividend on Wednesday, August 12th. Stockholders of record on Wednesday, August 26th will be given a dividend of 0.32 per share by the construction company on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, August 26th.

Century Communities has a dividend payout ratio of 17.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Century Communities to earn $4.59 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 27.9%.

Century Communities Trading Up 0.2%

CCS opened at $69.94 on Monday. The stock has a market capitalization of $1.99 billion, a PE ratio of 15.34 and a beta of 1.30. The firm’s fifty day moving average price is $67.67 and its 200 day moving average price is $62.60. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.56 and a quick ratio of 0.56. Century Communities has a 12-month low of $47.28 and a 12-month high of $76.00.

Century Communities (NYSE:CCS) last announced its quarterly earnings data on Wednesday, July 22nd. The construction company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.67. The company had revenue of $927.23 million during the quarter, compared to analyst estimates of $857.23 million. Century Communities had a net margin of 3.41% and a return on equity of 6.06%. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period last year, the business earned $1.37 EPS. As a group, research analysts expect that Century Communities will post 4.86 EPS for the current fiscal year.

About Century Communities

Century Communities, Inc is a national homebuilder and land developer headquartered in Greenwood Village, Colorado. The company is engaged in the acquisition, development, construction and sale of single- and multi-family residential homes, offering a range of floor plans and design options to homebuyers. In addition to its core homebuilding activities, Century Communities provides ancillary services such as mortgage financing, title and closing services, and insurance products through its wholly owned subsidiaries, aiming to deliver a comprehensive homebuying experience.

Founded in 2009, Century Communities rapidly expanded through both organic growth and strategic land acquisitions, positioning itself in high-growth markets across the United States.