M.D.C. Holdings, Inc. (MDC)
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]
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 StatementsAnalyst 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.
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.
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,...
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.
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.
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.
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.
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.
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.
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 ...
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,...
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.
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...
Cramer's Stop Trading: MDC Holdings
CNBC's Jim Cramer explains why he is keeping an eye on shares of MDC Holdings.
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 ...
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.
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...
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...
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.
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.
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...
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.
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...
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...
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: ...
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.