Wall Street brokerages expect Century Communities Inc (NYSE:CCS) to post $0.82 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Century Communities’ earnings. The lowest EPS estimate is $0.68 and the highest is $1.00. Century Communities posted earnings per share of $1.10 in the same quarter last year, which would indicate a negative year-over-year growth rate of 25.5%. The company is scheduled to announce its next earnings results on Thursday, August 1st.
On average, analysts expect that Century Communities will report full-year earnings of $3.85 per share for the current financial year, with EPS estimates ranging from $3.62 to $4.00. For the next fiscal year, analysts anticipate that the company will post earnings of $4.65 per share, with EPS estimates ranging from $4.17 to $5.10. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Century Communities.
Century Communities (NYSE:CCS) last posted its quarterly earnings data on Thursday, May 2nd. The construction company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.19. Century Communities had a net margin of 4.11% and a return on equity of 13.66%. The business had revenue of $472.60 million during the quarter, compared to analyst estimates of $448.81 million. During the same quarter in the previous year, the business posted $0.75 earnings per share. The company’s revenue was up 18.4% on a year-over-year basis.
CCS opened at $27.95 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.90. Century Communities has a 52-week low of $16.35 and a 52-week high of $35.50. The company has a market cap of $843.13 million, a price-to-earnings ratio of 7.09 and a beta of 1.56.
Large investors have recently made changes to their positions in the business. Victory Capital Management Inc. grew its position in shares of Century Communities by 4.1% in the 4th quarter. Victory Capital Management Inc. now owns 13,967 shares of the construction company’s stock valued at $241,000 after purchasing an additional 544 shares during the period. Legal & General Group Plc lifted its stake in Century Communities by 21.7% in the 4th quarter. Legal & General Group Plc now owns 4,943 shares of the construction company’s stock valued at $86,000 after acquiring an additional 882 shares in the last quarter. James Investment Research Inc. lifted its stake in Century Communities by 3.9% in the 1st quarter. James Investment Research Inc. now owns 26,975 shares of the construction company’s stock valued at $647,000 after acquiring an additional 1,010 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Century Communities by 176.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,923 shares of the construction company’s stock valued at $33,000 after acquiring an additional 1,228 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in Century Communities by 3.6% in the 1st quarter. Rhumbline Advisers now owns 37,556 shares of the construction company’s stock valued at $900,000 after acquiring an additional 1,303 shares in the last quarter. 88.86% of the stock is owned by hedge funds and other institutional investors.
Century Communities Company Profile
Century Communities, Inc engages in the design, development, construction, marketing, and sale of single-family attached and detached homes in metropolitan areas in Alabama, Arizona, California, Colorado, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, South Carolina, Tennessee, Texas, Utah, and Washington.
See Also: Penny Stocks
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Century Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Communities and related companies with MarketBeat.com's FREE daily email newsletter.