Century Communities Inc (NYSE:CCS) CEO Robert J. Francescon sold 100,000 shares of the stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $26.05, for a total value of $2,605,000.00. Following the completion of the transaction, the chief executive officer now directly owns 376,280 shares of the company’s stock, valued at approximately $9,802,094. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Century Communities stock traded down $0.36 on Friday, reaching $26.33. 246,660 shares of the company were exchanged, compared to its average volume of 276,478. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.30 and a current ratio of 0.30. The stock has a 50-day moving average price of $26.97. The stock has a market capitalization of $798.25 million, a price-to-earnings ratio of 6.68 and a beta of 1.31. Century Communities Inc has a 1-year low of $16.35 and a 1-year high of $33.75.
Century Communities (NYSE:CCS) last announced its quarterly earnings results on Thursday, May 2nd. The construction company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.19. The business had revenue of $472.60 million for the quarter, compared to analysts’ expectations of $448.81 million. Century Communities had a return on equity of 13.66% and a net margin of 4.11%. The business’s quarterly revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.75 EPS. Research analysts forecast that Century Communities Inc will post 3.81 earnings per share for the current year.
A number of research analysts recently commented on CCS shares. Zacks Investment Research downgraded GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a report on Thursday, July 4th. ValuEngine cut Yirendai from a “sell” rating to a “strong sell” rating in a research note on Wednesday, June 26th. TheStreet cut Trinseo from a “b-” rating to a “c+” rating in a research note on Friday, May 17th. Finally, Wedbush set a $12.00 price objective on GameStop and gave the company a “buy” rating in a research note on Friday, May 31st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $32.22.
Century Communities Company Profile
Century Communities, Inc engages in the design, development, construction, marketing, and sale of single-family attached and detached homes in metropolitan areas in Alabama, Arizona, California, Colorado, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, South Carolina, Tennessee, Texas, Utah, and Washington.
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