Century Communities (NYSE:CCS) announced its quarterly earnings data on Wednesday. The construction company reported $1.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.22, Fidelity Earnings reports. Century Communities had a return on equity of 14.40% and a net margin of 4.36%.
CCS traded down $0.30 on Friday, hitting $28.45. The company had a trading volume of 2,344 shares, compared to its average volume of 213,976. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.40 and a quick ratio of 0.40. Century Communities has a 52-week low of $22.10 and a 52-week high of $36.00. The firm has a market capitalization of $871.95 million, a PE ratio of 9.97 and a beta of 0.97.
A number of analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Century Communities from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. ValuEngine lowered shares of Century Communities from a “hold” rating to a “sell” rating in a report on Wednesday, August 8th. Zelman & Associates assumed coverage on shares of Century Communities in a report on Wednesday, June 20th. They set a “hold” rating for the company. Wedbush reiterated an “outperform” rating and set a $42.00 target price on shares of Century Communities in a report on Thursday, June 14th. Finally, TheStreet upgraded shares of Century Communities from a “c+” rating to a “b” rating in a report on Wednesday, May 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $37.58.
About Century Communities
Century Communities, Inc engages in the development, design, construction, marketing, and sale of single-family attached and detached homes in metropolitan areas in California, Colorado, Georgia, Nevada, North Carolina, South Carolina, Tennessee, Texas, Utah, and Washington. It is also involved in the entitlement and development of the underlying land; and the provision of mortgage services and title services to its home buyers.
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