Century Communities (NYSE:CCS – Get Free Report) had its price target reduced by analysts at B. Riley Financial from $64.00 to $52.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the construction company’s stock. B. Riley Financial‘s target price would indicate a potential downside of 3.85% from the company’s previous close.
Several other research analysts have also commented on CCS. Zelman & Associates lowered Century Communities from a “neutral” rating to an “underperform” rating in a research report on Tuesday, July 7th. Zacks Research lowered Century Communities from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 21st. Finally, Weiss Ratings upgraded shares of Century Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 24th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Century Communities currently has a consensus rating of “Hold” and a consensus target price of $63.00.
View Our Latest Stock Report on Century Communities
Century Communities Price Performance
NYSE CCS traded down $2.61 during trading on Thursday, hitting $54.08. 340,455 shares of the stock traded hands, compared to its average volume of 287,195. The firm has a 50-day simple moving average of $61.12 and a 200-day simple moving average of $62.40. Century Communities has a 12-month low of $47.28 and a 12-month high of $76.00. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $1.54 billion, a P/E ratio of 11.86 and a beta of 1.28.
Century Communities (NYSE:CCS – Get Free Report) last released its earnings results on Wednesday, October 28th. The construction company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.21). The firm had revenue of $864.47 million during the quarter, compared to the consensus estimate of $949.83 million. Century Communities had a return on equity of 6.06% and a net margin of 3.41%. Century Communities’s revenue was down 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.52 EPS. As a group, analysts predict that Century Communities will post 4.86 EPS for the current year.
Institutional Trading of Century Communities
Several hedge funds have recently made changes to their positions in CCS. Summit Global Investments grew its stake in Century Communities by 5.5% during the 3rd quarter. Summit Global Investments now owns 16,699 shares of the construction company’s stock worth $1,006,000 after purchasing an additional 876 shares in the last quarter. Choreo LLC lifted its stake in Century Communities by 1.7% in the third quarter. Choreo LLC now owns 12,289 shares of the construction company’s stock worth $740,000 after acquiring an additional 209 shares during the last quarter. Inspire Investing LLC acquired a new position in Century Communities during the 3rd quarter worth approximately $637,000. NorthCrest Asset Manangement LLC increased its position in shares of Century Communities by 7.4% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 3,659 shares of the construction company’s stock valued at $208,000 after purchasing an additional 252 shares during the last quarter. Finally, Sacks & Associates LLC purchased a new stake in shares of Century Communities in the 3rd quarter valued at approximately $442,000. Institutional investors and hedge funds own 99.54% of the company’s stock.
Key Headlines Impacting Century Communities
Here are the key news stories impacting Century Communities this week:
- Positive Sentiment: Century Communities delivered 2,442 homes and increased its ending community count to a record 343, supporting future sales capacity. Book value per share also reached a company record of $90.61. Century Communities Reports Third Quarter 2026 Results
- Positive Sentiment: The company acquired the assets of HistoryMaker Homes on October 7 and increased borrowing capacity under its revolving credit facility to $1.2 billion. The moves could expand its geographic reach and provide additional financial flexibility, although integration and leverage risks remain. Century Communities Reports Third Quarter 2026 Results
- Neutral Sentiment: Century Complete plans to open Belle Lago in Lake Wales, Florida, in November, offering homes from the low $300s and select lakeview lots. The community may support future demand, but its near-term financial contribution is uncertain. Century Complete Announces Belle Lago Opening
- Negative Sentiment: Third-quarter adjusted earnings were $1.01 per share, missing the $1.22 analyst consensus, while revenue of $864.5 million fell short of the $949.8 million estimate. EPS declined from $1.52 a year earlier, and revenue decreased 11.8% year over year, weighing on the stock. Century Communities Q3 Earnings and Revenues Miss Estimates
Century Communities Company Profile
Century Communities, Inc (NYSE: CCS) is a residential homebuilder that designs, develops and constructs single-family detached and attached homes for a range of homebuyers, including first-time, move-up and active-adult buyers. The company sells homes under the Century Communities and Century Complete brands, offering a variety of floor plans, home features and community amenities.
Founded in 2000 and headquartered in Denver, Colorado, Century Communities operates in numerous housing markets across the Western, Southern and Southeastern United States.
Further Reading
- Five stocks we like better than Century Communities
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
- Constellation Energy’s Nuclear Expansion Gets a $5 Billion Opening, Not a Guarantee
- Plugging In: Vertiv Cashes In On AI Demand
- Visa’s Toll Booth Keeps Collecting, But the Price Is Rising
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.
