Century Communities files for mixed shelf offering
Seeking Alpha News (Thu, 25-Apr 2:51 PM ET)
TipRanks (Thu, 25-Apr 8:21 AM ET)
Century Communities Non-GAAP EPS of $2.22 beats by $0.86, revenue of $948.5M beats by $231.6M
Seeking Alpha News (Wed, 24-Apr 4:10 PM ET)
Century Communities Reports Increased First Quarter 2024 Results
PRNewswire (Wed, 24-Apr 4:05 PM ET)
Century Communities Q1 2024 Earnings Preview
Seeking Alpha News (Tue, 23-Apr 5:35 PM ET)
Notable earnings after Wednesday's close
Seeking Alpha News (Tue, 23-Apr 5:35 PM ET)
Century Communities Unveils Two New Model Homes in Monroe, NC
PRNewswire (Tue, 23-Apr 10:31 AM ET)
United Homes Group Announces Board of Directors Update
Business Wire (Mon, 22-Apr 5:00 PM ET)
Century Complete Debuts New Community in Westland, Michigan
PRNewswire (Mon, 22-Apr 2:16 PM ET)
Century Communities Announces New Homes Now Available in Renton, WA
PRNewswire (Wed, 17-Apr 6:51 PM ET)
Century Communities Inc is a construction company that focuses on the residential market. It has five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Its sixth reportable segment is financial services operations, which provides mortgage, title, and insurance services to homebuyers. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through its own sales representatives and independent real estate brokers. It also advertises directly to potential homebuyers through the Internet, newspapers, and trade publications. The company generates the majority revenue from the Mountain segment.
Century Communities trades on the NYSE stock market under the symbol CCS.
As of April 26, 2024, CCS stock price climbed to $78.82 with 305,932 million shares trading.
CCS has a beta of 2.01, meaning it tends to be more sensitive to market movements. CCS has a correlation of 0.44 to the broad based SPY ETF.
CCS has a market cap of $2.50 billion. This is considered a Mid Cap stock.
Last quarter Century Communities reported $949 million in Revenue and $2.22 earnings per share. This beat revenue expectation by $164 million and exceeded earnings estimates by $.83.
In the last 3 years, CCS stock traded as high as $97.92 and as low as $39.00.
The top ETF exchange traded funds that CCS belongs to (by Net Assets): IJR, VTI, IWM, VXF, SDVY.
CCS has underperformed the market in the last year with a price return of +20.5% while the SPY ETF gained +26.8%. CCS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.1% and -6.0%, respectively, while the SPY returned +4.5% and -1.9%, respectively.
CCS support price is $76.53 and resistance is $80.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CCS stock will trade within this expected range on the day.