Century Communities (CCS) Getting Somewhat Positive News Coverage, Study Shows

Media stories about Century Communities (NYSE:CCS) have trended somewhat positive on Monday, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Century Communities earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 47.0203428390818 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

A number of research analysts recently weighed in on the company. B. Riley reissued a “buy” rating on shares of Century Communities in a research note on Friday, November 3rd. Wedbush reaffirmed an “outperform” rating on shares of Century Communities in a report on Saturday, September 16th. Zacks Investment Research raised Century Communities from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st. FBR & Co reaffirmed a “buy” rating and issued a $30.00 target price on shares of Century Communities in a report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co raised Century Communities from a “neutral” rating to an “overweight” rating and raised their target price for the company from $28.00 to $32.00 in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Century Communities has an average rating of “Buy” and a consensus target price of $30.50.

Shares of Century Communities (NYSE CCS) opened at $29.55 on Monday. The firm has a market capitalization of $812.02, a price-to-earnings ratio of 11.78 and a beta of 1.18. Century Communities has a 52-week low of $20.30 and a 52-week high of $31.90. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.87 and a current ratio of 0.87.

Century Communities (NYSE:CCS) last announced its quarterly earnings data on Thursday, November 2nd. The construction company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.30. Century Communities had a return on equity of 10.70% and a net margin of 4.03%. The business had revenue of $374.90 million during the quarter, compared to analysts’ expectations of $409.42 million. During the same period in the previous year, the firm earned $0.63 earnings per share. The firm’s quarterly revenue was up 51.1% compared to the same quarter last year. research analysts forecast that Century Communities will post 2.12 EPS for the current year.

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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.

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