Century Communities, Inc (NYSE:CCS) – Analysts at Wedbush issued their Q1 2018 earnings estimates for shares of Century Communities in a research report issued to clients and investors on Thursday. Wedbush analyst J. Mccanless anticipates that the construction company will earn $0.31 per share for the quarter. Wedbush currently has a “Outperform” rating and a $42.00 target price on the stock. Wedbush also issued estimates for Century Communities’ Q2 2018 earnings at $0.86 EPS, Q3 2018 earnings at $1.12 EPS, Q4 2018 earnings at $1.55 EPS, Q1 2019 earnings at $0.31 EPS, Q2 2019 earnings at $0.90 EPS, Q3 2019 earnings at $1.21 EPS and Q4 2019 earnings at $1.60 EPS.

Several other analysts have also commented on the stock. Zacks Investment Research upgraded shares of Century Communities from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. B. Riley reiterated a “buy” rating and issued a $41.00 price target on shares of Century Communities in a research report on Wednesday, January 3rd. Finally, ValuEngine upgraded shares of Century Communities from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Century Communities presently has an average rating of “Buy” and an average price target of $35.17.

Century Communities (CCS) opened at $28.95 on Monday. The firm has a market cap of $788.59, a PE ratio of 11.44 and a beta of 1.11. Century Communities has a 1 year low of $21.90 and a 1 year high of $36.00. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.19.

Hedge funds have recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its position in shares of Century Communities by 10.5% in the third quarter. Victory Capital Management Inc. now owns 65,236 shares of the construction company’s stock valued at $1,611,000 after purchasing an additional 6,184 shares during the last quarter. First Trust Advisors LP grew its position in shares of Century Communities by 32.5% in the third quarter. First Trust Advisors LP now owns 17,183 shares of the construction company’s stock valued at $424,000 after purchasing an additional 4,210 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Century Communities by 16.6% in the third quarter. Wells Fargo & Company MN now owns 54,482 shares of the construction company’s stock valued at $1,346,000 after purchasing an additional 7,742 shares during the last quarter. State Street Corp grew its position in shares of Century Communities by 15.4% in the second quarter. State Street Corp now owns 346,783 shares of the construction company’s stock valued at $8,596,000 after purchasing an additional 46,200 shares during the last quarter. Finally, Elk Creek Partners LLC grew its position in shares of Century Communities by 24.5% in the third quarter. Elk Creek Partners LLC now owns 391,838 shares of the construction company’s stock valued at $9,678,000 after purchasing an additional 77,035 shares during the last quarter. Institutional investors and hedge funds own 64.31% of the company’s stock.

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About Century Communities

Century Communities, Inc engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, Nevada, and Utah. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as entitlement and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers.

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

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