
Overview
U.S. homebuilder's Q4 revenue rose, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company repurchased 333,881 shares for $20 mln
Outlook
Century Communities expects 2026 new home deliveries between 10,000 and 11,000 homes
Company forecasts 2026 home sales revenues of $3.6 bln to $4.1 bln
Century Communities anticipates mid-single digit increase in average open communities
Result Drivers
STRONG DEMAND - Century Communities reported a 13% increase in net orders and a 22% rise in new home deliveries sequentially, indicating strong demand for affordable homes despite economic uncertainty
COST REDUCTIONS - The company reduced direct construction costs, cycle times, and fixed general and administrative expenses, contributing to solid operational results
SHARE REPURCHASE - Century Communities repurchased 333,881 shares for $20 mln as part of its capital allocation strategy
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $1.20 bln | $1.06 bln (5 Analysts) |
Q4 Adjusted EPS | Beat | $1.59 | $1.32 (5 Analysts) |
Q4 EPS |
| $1.21 |
|
Q4 Net Income |
| $36 mln |
|
Q4 Homebuilding Gross Margin |
| 15.40% |
|
Q4 Adjusted Homebuilding Gross Margin |
| 18.30% |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the homebuilding peer group is "hold"
Wall Street's median 12-month price target for Century Communities Inc is $77.00, about 21.4% above its January 27 closing price of $63.45
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nPn51N5Yqa
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