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Century Communities Inc (CCS) Stock Could Soon Reward Patient Investors

Century Communities Inc (NYSE: CCS) is 9.80% higher on its value in year-to-date trading and has touched a low of $58.01 and a high of $107.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CCS stock was last observed hovering at around $99.43 in the last trading session, with the day’s gains setting it 0.64%.

Currently trading at $100.07, the stock is 5.32% and 9.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 0.64% at the moment leaves the stock 16.27% off its SMA200. CCS registered 34.47% gain for a year compared to 6-month gain of 14.58%.

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The stock witnessed a -1.03% loss in the last 1 month and extending the period to 3 months gives it a 18.55%, and is -3.68% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.45% over the week and 3.60% over the month.

Century Communities Inc (CCS) has around 1650 employees, a market worth around $3.14B and $4.07B in sales. Current P/E ratio is 9.99 and Fwd P/E is 8.19. Profit margin for the company is 7.93%. Distance from 52-week low is 72.50% and -7.26% from its 52-week high. The company has generated returns on investments over the last 12 months (8.83%).

The EPS is expected to grow by 31.77% this year.

Century Communities Inc (CCS) Top Institutional Holders

368.0 institutions hold shares in Century Communities Inc (CCS), with institutional investors hold 103.06% of the company’s shares. The shares outstanding are 31.77M, and float is at 27.94M with Short Float at 4.37%. Institutions hold 90.52% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 5.14 million shares valued at $419.94 million. The investor’s holdings represent 16.1671% of the CCS Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 2.54 million shares valued at $$207.67 million to account for 7.995 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.04 million shares representing 6.3996% and valued at over $166.23 million, while WELLINGTON MANAGEMENT GROUP LLP holds 6.259 of the shares totaling 1.99 million with a market value of $162.58 million.

Century Communities Inc (CCS) Insider Activity

The most recent transaction is an insider sale by Francescon Robert J,the company’sCo-CEO and President. SEC filings show that Francescon Robert J sold 50,000 shares of the company’s common stock on Aug 16 ’24 at a price of $92.64 per share for a total of $4.63 million. Following the sale, the insider now owns 0.48 million shares.

Century Communities Inc disclosed in a document filed with the SEC on Aug 16 ’24 that Francescon Dale (Chairman and Co-CEO) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 16 ’24 and was made at $92.22 per share for $4.61 million. Following the transaction, the insider now directly holds 0.43 million shares of the CCS stock.

Still, SEC filings show that on Aug 16 ’24, Francescon Robert J (Officer) Proposed Sale 50,000 shares at an average price of $92.00 for $4.6 million. The insider now directly holds shares of Century Communities Inc (CCS).

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