1 day Ago By ABMN Staff
Century Communities, Inc. ( NYSE:CCS – Get Free Report )’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $71.
86 and last traded at $73.10, with a volume of 42493 shares traded. The stock had previously closed at $72.
68. Analyst Ratings Changes Several analysts recently issued reports on the company. StockNews.
com downgraded Century Communities from a “hold” rating to a “sell” rating in a research note on Thursday, December 5th. B. Riley reissued a “buy” rating and issued a $119.
00 target price (up previously from $113.00) on shares of Century Communities in a report on Thursday, October 24th. Wedbush upped their target price on shares of Century Communities from $90.
00 to $96.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co.
upgraded shares of Century Communities from an “underweight” rating to a “neutral” rating and reduced their price target for the company from $110.00 to $97.00 in a report on Friday, December 13th.
Read Our Latest Analysis on Century Communities Century Communities Trading Down 0.2 % Century Communities ( NYSE:CCS – Get Free Report ) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $2.
72 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.16.
Century Communities had a net margin of 7.44% and a return on equity of 13.79%.
The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.10 billion.
During the same quarter in the previous year, the business posted $2.58 earnings per share. Century Communities’s quarterly revenue was up 23.
7% on a year-over-year basis. On average, equities research analysts expect that Century Communities, Inc. will post 10.
95 EPS for the current fiscal year. Century Communities Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Wednesday, November 27th were issued a $0.
26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.
43%. The ex-dividend date was Wednesday, November 27th. Century Communities’s payout ratio is 10.
37%. Institutional Investors Weigh In On Century Communities Large investors have recently added to or reduced their stakes in the stock. Point72 Hong Kong Ltd bought a new stake in shares of Century Communities in the 3rd quarter valued at approximately $51,000.
GAMMA Investing LLC lifted its position in Century Communities by 37.6% in the third quarter. GAMMA Investing LLC now owns 1,050 shares of the construction company’s stock worth $108,000 after buying an additional 287 shares during the last quarter.
Signaturefd LLC lifted its position in Century Communities by 14.1% in the third quarter. Signaturefd LLC now owns 1,299 shares of the construction company’s stock worth $134,000 after buying an additional 161 shares during the last quarter.
Daiwa Securities Group Inc. purchased a new position in Century Communities during the third quarter worth $144,000. Finally, ZWJ Investment Counsel Inc.
bought a new position in Century Communities during the third quarter valued at $217,000. 99.54% of the stock is owned by institutional investors.
Century Communities Company Profile ( Get Free Report ) 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. Recommended Stories 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.
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