Century Communities (CCS) Moves to Buy: Rationale Behind the Upgrade
Century Communities (CCS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Century Communities, Inc. (CCS) Q3 2024 Earnings Call Transcript
Century Communities, Inc. (NYSE:CCS ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Tyler Langton - SVP, IR Dale Francescon - Chairman and Co-CEO Rob Francescon - Co-CEO and President Scott Dixon - CFO Conference Call Participants Carl Reichardt - BTIG Ken Zener - Seaport Research Partners Alex Rygiel - B. Riley FBR Alan Ratner - Zelman & Associates Jay McCanless - Wedbush Securities Andrew Azzi - JP Morgan Alex Barron - Housing Research Center Operator Greetings.
Century Communities (CCS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Century Communities (CCS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Century Communities (CCS) Q3 Earnings and Revenues Beat Estimates
Century Communities (CCS) came out with quarterly earnings of $2.72 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $2.58 per share a year ago.
4 Homebuilder Stocks Set to Gain From Rising Confidence
Homebuilder stocks like KBH, TOL, CCS and TPH are poised to benefit once the Fed goes for more rate cuts which would reduce the mortgage rates.
CCS Gears Up to Report Q3 Earnings: Things to Keep in Mind
Century Communities' third-quarter 2024 results are likely to gain from higher deliveries and increased new home contracts amid higher expenses.
Builder Confidence Rises in October: 5 Housing Stocks to Watch
Builder sentiment strengthens as inflation eases. However, ongoing affordability concerns remain a challenge for many potential homebuyers.
Eni to Develop CCS Project to Aid UK's Decarbonization Efforts
E will leverage its existing knowledge and capabilities in handling complex projects to repurpose the existing pipeline infrastructure and platforms for the new CCS project.
5 Homebuilding Stocks Ready to Soar Defying Industry Challenges
Although a rise in land/labor costs and low residential construction spending pose risks, lower rates and better operating leverage are likely to drive homebuilders like LEN, PHM, NVR, MHO and CCS.
Century Communities: Still Building Value Due To Strong Catalysts And Cheap Shares
Century Communities' stock has surged 32.2% since April and over 100% since March 2022, outperforming the S&P 500 significantly. The company shows strong fundamentals with rising revenue, profits, and deliveries, despite a year-over-year decline in backlog. Management's increased guidance and strong net new orders signal continued growth, with the stock remaining attractively priced.
Here Is Why Bargain Hunters Would Love Fast-paced Mover Century Communities (CCS)
Century Communities (CCS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Time to Buy These Highly Ranked Construction Stocks After Rate Cuts
Amid rate cuts, investors may be searching for specific areas of the economy that may benefit directly in regard to a lower inflationary environment.
