M.D.C. Holdings, Inc. (MDC)

NYSE: MDC · IEX Real-Time Price · USD
62.91
+0.04 (0.06%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.06%
Market Cap 4.72B
Revenue (ttm) 4.64B
Net Income (ttm) 401.01M
Shares Out 75.05M
EPS (ttm) 5.29
PE Ratio 11.89
Forward PE 11.73
Dividend $2.20 (3.50%)
Ex-Dividend Date Feb 6, 2024
Volume 1,456,197
Open 62.90
Previous Close 62.87
Day's Range 62.87 - 62.96
52-Week Range 36.47 - 63.00
Beta 1.55
Analysts Hold
Price Target 50.63 (-19.52%)
Earnings Date Apr 30, 2024

About MDC

M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee, and... [Read more]

Founded 1972
Employees 1,760
Stock Exchange NYSE
Ticker Symbol MDC
Full Company Profile

Financial Performance

In 2023, MDC's revenue was $4.64 billion, a decrease of -18.80% compared to the previous year's $5.72 billion. Earnings were $401.01 million, a decrease of -28.66%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MDC stock is "Hold." The 12-month stock price forecast is $50.63, which is a decrease of -19.52% from the latest price.

Price Target
$50.63
(-19.52% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Richmond American Set to Build Homes in New Lake County Community

UMATILLA, Fla. , March 26, 2024 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.

2 days ago - PRNewsWire

M.D.C. HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of M.D.C. Holdings, Inc. - MDC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of M.D.C. Holdings,...

15 days ago - Business Wire

Kaskela Law LLC Announces Stockholder Investigation of M.D.C. Holdings, Inc. (MDC) and Encourages Investors to Contact the Firm

PHILADELPHIA , March 6, 2024 /PRNewswire/ -- Kaskela Law LLC announces investigation into the recently proposed M.D.C. Holdings, Inc. (NYSE: MDC) ("MDC") stockholder buyout.

22 days ago - PRNewsWire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of M.D.C. Holdings, Inc. (MDC) Buyout and Encourages Investors to Contact the Firm

PHILADELPHIA , Feb. 29, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating M.D.C. Holdings, Inc. (NYSE: MDC) ("MDC") on behalf of the company's investors.

4 weeks ago - PRNewsWire

Richmond American Announces Grand Opening in Fredericksburg

Tour the new Presley model at White Oak Reserve FREDERICKSBURG, Va. , Feb. 14, 2024 /PRNewswire/ -- Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C.

6 weeks ago - PRNewsWire

Richmond American Announces VIP Preview Event in Huntsville

Join us for an exclusive first look at Seasons at Grand Hollow HUNTSVILLE, Ala. , Feb. 5, 2024 /PRNewswire/ -- Richmond American Homes of Tennessee, Inc., a subsidiary of M.D.C.

7 weeks ago - PRNewsWire

Richmond American Announces its Debut Middleton Community

Seasons at Stonehaven is now selling! MIDDLETON, Idaho , Jan. 31, 2024 /PRNewswire/ -- Richmond American Homes of Idaho, Inc., a subsidiary of M.D.C.

2 months ago - PRNewsWire

M.D.C. HOLDINGS ANNOUNCES 2023 FOURTH QUARTER AND FULL YEAR RESULTS

DENVER , Jan. 30, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), announced results for the quarter and full year ended December 31, 2023.

2 months ago - PRNewsWire

Analyst discusses why he is cautious on homebuilder outlook

What does falling mortgage rates mean for home builder stocks? Jay McCanless, Housing Analyst at Wedbush Securities, joins Yahoo Finance to discuss why he is less bullish on home builders and to shed ...

Other symbols: CVCODHINVRPHMXHB
2 months ago - Yahoo Finance

M.D.C. Holdings Cancels 2023 Fourth Quarter Earnings Release Conference Call

DENVER , Jan. 22, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), today announced that it will no longer hold its 2023 fourth quarter earnings conference call originally scheduled for Tuesday,...

2 months ago - PRNewsWire

Richmond American Announces Grand Opening in Chesterfield

Tour the elegant Hemingway model home at Harpers Mill CHESTERFIELD, Va. , Jan. 22, 2024 /PRNewswire/ -- Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C.

2 months ago - PRNewsWire

Shareholder Alert: Ademi LLP investigates whether M.D.C. Holdings, Inc. has obtained a Fair Price in its transaction with Sekisui House

MILWAUKEE , Jan. 18, 2024 /PRNewswire/ -- Ademi LLP is investigating MDC (NYSE: MDC) for possible breaches of fiduciary duty and other violations of law in its transaction with Sekisui House. Click he...

2 months ago - PRNewsWire

Cramer's Stop Trading: MDC Holdings

CNBC's Jim Cramer explains why he is keeping an eye on shares of MDC Holdings.

2 months ago - CNBC Television

MDC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of M.D.C. Holdings, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of M.D.C. Holdings, Inc. (NYSE: MDC) to Sekisui House, Ltd. for $63.00 per share in cash is ...

2 months ago - Business Wire

Homebuilder M.D.C. being bought by Japan's Sekisui in a $4.9 billion deal

Shares of M.D.C. Holdings Inc. rocketed toward a 19-year high Thursday, after the Colorado-based homebuilder announced an agreement to be bought by Japan-based Sekisui House Ltd.

2 months ago - Market Watch

Sekisui House and M.D.C. Holdings Announce Combination to Create a Top Five Homebuilder in the U.S.

Expands Presence to 15,067 Combined Home Closings Across 16 States Advances Sekisui House Global Vision to "Make Home the Happiest Place in the World" M.D.C. Holdings Shareholders to Receive $63.00 Pe...

2 months ago - PRNewsWire

M.D.C. HOLDINGS DECLARES QUARTERLY CASH DIVIDEND

DENVER , Jan. 17, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced that its board of directors has declared a quarterly cash dividend of fift...

2 months ago - PRNewsWire

Richmond American Announces its Debut Cedar Creek Community

Seasons at Railhead is now selling! CEDAR CREEK, Texas , Jan. 17, 2024 /PRNewswire/ -- Richmond American Homes of Texas, Inc., a subsidiary of M.D.C.

2 months ago - PRNewsWire

Richmond American Announces Grand Opening in Brighton

Tour the new Lapis model home at Brighton Crossings BRIGHTON, Colo. , Jan. 16, 2024 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

2 months ago - PRNewsWire

M.D.C. HOLDINGS ANNOUNCES 2023 FOURTH QUARTER EARNINGS RELEASE SCHEDULE AND CONFERENCE CALL

DENVER , Jan. 2, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, will release its 2023 fourth quarter earnings before the market opens on Tuesday, Jan...

3 months ago - PRNewsWire

Richmond American Set to Build Homes in Popular Hillsborough County Community

Seasons at Waterset will offer new single- and two-story homes with designer details APOLLO BEACH, Fla. , Dec. 6, 2023 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.

4 months ago - PRNewsWire

M.D.C. Holdings, Inc. Named One of America's Greatest Workplaces for Parents & Families in 2023 by Newsweek®

Company fosters a work-life balance and family-friendly culture DENVER , Nov. 30, 2023 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), parent company to the Richmond American Homes companies, is ex...

4 months ago - PRNewsWire

M.D.C. HOLDINGS' PRESENTATION AT THE RAYMOND JAMES TMT AND CONSUMER CONFERENCE TO BE WEBCAST LIVE

DENVER , Dec. 1, 2023 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced that it is scheduled to present at the Raymond James TMT and Consumer Conference on Tuesday, December 5, 2023, at 2:15...

4 months ago - PRNewsWire

Richmond American Now Selling at Rasmussen Farms in Draper

Discover inspired two-story floor plans with designer-curated finishes DRAPER, Utah , Nov. 21, 2023 /PRNewswire/ -- Richmond American Homes of Utah, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: ...

4 months ago - PRNewsWire

New Richmond American Community Now Open for Sales in Jacksonville

Seasons at Irongate offers eight thoughtfully designed floor plans JACKSONVILLE, Fla. , Nov. 21, 2023 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.

4 months ago - PRNewsWire