Century Communities (CCS) Gets Downgraded to Underweight From Neutral by JPMorgan

Century Communities, Inc. (NYSE:CCS) is one of the best cheap small cap stocks to invest in now. Century Communities, Inc. (NYSE:CCS) was downgraded to Underweight from Neutral by JPMorgan on December 4, with the firm bringing the price target down to $56 from $62.

The firm expects an unfavorable demand-supply backdrop in 2026 and is maintaining a cautious stance on the homebuilders sector, as it may bring downside risk and additional pressure for builder fundamentals. JPMorgan clarified that builder fundamentals are likely to remain “relatively weak” in 2026, primarily due to the continuing downside risk to estimates because of a demand/supply industry backdrop that remains challenged.

In a separate development, Century Communities, Inc. (NYSE:CCS) announced that its Century Complete brand expanded its offerings and is now selling new homes from the mid $300s at The Timbers, a new community located halfway between Ann Arbor and Detroit.

The new offerings at The Timbers include modern homes with open-concept layouts and floor plans featuring up to 5 bedrooms and 2,180 square feet, along with unfinished basements. Offering three two-story floor plans, homebuyers at this location would also find private studies, game rooms, main-floor bedrooms with a bath, and flex rooms per plan.

Century Communities, Inc. (NYSE:CCS) is involved in the design, development, construction, marketing, and sale of single-family attached and detached houses. The company operates through the following segments: West, Mountain, Texas, Southeast, Century Complete, and Financial Services.

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Disclosure: None. This article is originally published at Insider Monkey.