Century Communities, Inc. (NYSE:CCS) – Stock analysts at Wedbush decreased their Q4 2017 earnings per share (EPS) estimates for shares of Century Communities in a note issued to investors on Friday. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $0.84 for the quarter, down from their prior estimate of $0.98. Wedbush also issued estimates for Century Communities’ Q1 2018 earnings at $0.33 EPS, Q3 2018 earnings at $1.11 EPS, Q4 2018 earnings at $1.31 EPS and FY2018 earnings at $3.55 EPS.

A number of other equities analysts have also recently issued reports on the stock. FBR & Co restated an “outperform” rating and issued a $27.00 price objective on shares of Century Communities in a research report on Monday, April 17th. Zacks Investment Research cut shares of Century Communities from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. Finally, ValuEngine upgraded shares of Century Communities from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $27.50.

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Shares of Century Communities (CCS) opened at 25.00 on Monday. The firm’s 50-day moving average price is $25.33 and its 200-day moving average price is $24.89. Century Communities has a one year low of $18.45 and a one year high of $28.05. The firm has a market capitalization of $551.72 million, a P/E ratio of 10.68 and a beta of 1.02.

Century Communities (NYSE:CCS) last issued its quarterly earnings results on Thursday, August 3rd. The construction company reported $0.66 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.67 by $0.01. Century Communities had a return on equity of 11.03% and a net margin of 4.87%. The business had revenue of $287.60 million for the quarter, compared to analyst estimates of $305.38 million. During the same quarter in the previous year, the business posted $0.62 earnings per share. The business’s revenue was up 11.8% on a year-over-year basis.

Several institutional investors have recently made changes to their positions in CCS. Alps Advisors Inc. boosted its position in shares of Century Communities by 0.3% in the second quarter. Alps Advisors Inc. now owns 19,586 shares of the construction company’s stock valued at $486,000 after buying an additional 51 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Century Communities by 6.9% in the first quarter. Legal & General Group Plc now owns 4,323 shares of the construction company’s stock valued at $110,000 after buying an additional 278 shares in the last quarter. James Investment Research Inc. boosted its position in shares of Century Communities by 0.4% in the first quarter. James Investment Research Inc. now owns 149,005 shares of the construction company’s stock valued at $3,785,000 after buying an additional 610 shares in the last quarter. American International Group Inc. boosted its position in shares of Century Communities by 7.2% in the first quarter. American International Group Inc. now owns 9,383 shares of the construction company’s stock valued at $238,000 after buying an additional 633 shares in the last quarter. Finally, Rhumbline Advisers boosted its position in shares of Century Communities by 13.6% in the second quarter. Rhumbline Advisers now owns 19,961 shares of the construction company’s stock valued at $495,000 after buying an additional 2,389 shares in the last quarter. Institutional investors own 66.75% of the company’s stock.

Earnings History and Estimates for Century Communities (NYSE:CCS)

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