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

NYSE: MDC · IEX Real-Time Price · USD
40.33
-0.83 (-2.02%)
At close: Feb 3, 2023, 4:00 PM
40.25
-0.08 (-0.20%)
After-hours: Feb 3, 2023, 7:47 PM EST
-2.02%
Market Cap 2.87B
Revenue (ttm) 5.72B
Net Income (ttm) 562.14M
Shares Out 71.26M
EPS (ttm) 7.67
PE Ratio 5.26
Forward PE 15.63
Dividend $2.00 (4.96%)
Ex-Dividend Date Nov 8, 2022
Volume 538,596
Open 40.03
Previous Close 41.16
Day's Range 39.92 - 41.04
52-Week Range 27.04 - 46.72
Beta 1.36
Analysts Sell
Price Target 32.98 (-18.22%)
Earnings Date Jan 31, 2023

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, Maryland, Pennsylvania, Virginia, Tennessee, and Florida... [Read more]

Founded 1972
Employees 2,080
Stock Exchange NYSE
Ticker Symbol MDC
Full Company Profile

Financial Performance

In 2022, MDC's revenue was $5.72 billion, an increase of 8.82% compared to the previous year's $5.25 billion. Earnings were $562.14 million, a decrease of -2.01%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for MDC stock is "Sell." The 12-month stock price forecast is $32.98, which is a decrease of -18.22% from the latest price.

Price Target
$32.98
(-18.22% downside)
Analyst Consensus: Sell
Stock Forecasts

News

MDC's Q4 Earnings Miss, Revenues Beat, Gross Margin Declines

MDC's fourth-quarter results reflect slow housing demand and high inflation.

4 days ago - Zacks Investment Research

M.D.C. Holdings, Inc. (MDC) Q4 Earnings Lag Estimates

M.D.C. Holdings, Inc. (MDC) delivered earnings and revenue surprises of -29.41% and 13.20%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stoc...

5 days ago - Zacks Investment Research

M.D.C. HOLDINGS ANNOUNCES 2022 FOURTH QUARTER AND FULL YEAR RESULTS

Record full year home sale revenues of $5.59 billion; Over $900 million of cash flow from operating activities; Cash and cash equivalents and marketable securities of $1.28 billion DENVER , Jan. 31, 2...

5 days ago - PRNewsWire

MDC Gears Up to Report Q4 Earnings: Here's What to Expect

MDC's fourth-quarter performance is likely to suffer from rising mortgage rates and macroeconomic uncertainties.

1 week ago - Zacks Investment Research

Richmond American Announces Debut of a New Model in St. George

The Wilshire plan will open this month at Black Ridge Cove ST. GEORGE, Utah , Jan. 24, 2023 /PRNewswire/ -- Richmond American Homes of Utah, Inc., a subsidiary of M.D.C.

1 week ago - PRNewsWire

M.D.C. HOLDINGS DECLARES QUARTERLY CASH DIVIDEND

DENVER , Jan. 23, 2023 /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...

1 week ago - PRNewsWire

New Richmond American Community Now Open for Sales in Jacksonville

Seasons at Marietta Cove offers a desirable location and several exciting floor plans JACKSONVILLE, Fla. , Jan. 4, 2023 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.

1 month ago - PRNewsWire

M.D.C. HOLDINGS ANNOUNCES 2022 FOURTH QUARTER EARNINGS RELEASE SCHEDULE AND CONFERENCE CALL

DENVER , Dec. 22, 2022 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, will release its 2022 fourth quarter earnings before the market opens on Tuesday, Ja...

1 month ago - PRNewsWire

M.D.C. HOLDINGS APPOINTS RAFAY FAROOQUI TO ITS BOARD OF DIRECTORS

DENVER , Dec. 14, 2022 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, today announced that its Board of Directors, on the recommendation of the Corporate ...

1 month ago - PRNewsWire

Richmond American Set to Build New Phase in Polk County Community

Seasons at Eden Hills II will offer several exciting ranch and two-story floor plans LAKE ALFRED, Fla. , Dec. 8, 2022 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.

2 months ago - PRNewsWire

Richmond American Adds New Neighborhood to Popular Fontana Masterplan

Cascade at Highland Park opens for sales this weekend! FONTANA, Calif.

2 months ago - PRNewsWire

Richmond American Debuts New Model Homes in Castle Rock

Tour the Harmon plan at Vista Pines at Crystal Valley CASTLE ROCK, Colo. , Nov. 28, 2022 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

2 months ago - PRNewsWire

7 Stocks to Buy for the Upcoming Santa Claus Rally

One of the more oft-cited phenomena in the market is the Santa Claus rally, which if you're a believer implies that you should plan ahead with stocks to buy that can benefit from this trend. Per Inves...

Other symbols: GRVYKLICLCIIMATXPFETHO
2 months ago - InvestorPlace

Richmond American to Debut New Model Homes in Galt

The Citrine and the Zinc  will open this weekend at Seasons at Caterina GALT, Calif. , Nov. 15, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

2 months ago - PRNewsWire

Richmond American Debuts New Model Homes in Roseville

The Pewter and Sunstone open this weekend at Seasons at Mason Trails ROSEVILLE, Calif. , Nov. 14, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

2 months ago - PRNewsWire

Richmond American to Debut New Model Homes in Sahuarita

The Moonstone and the Sunstone  will open this weekend at Entrada Del Pueblo SAHUARITA, Ariz. , Nov. 9, 2022 /PRNewswire/ -- Richmond American Homes of Arizona, Inc., a subsidiary of M.D.C.

3 months ago - PRNewsWire

Richmond American Announces Model Home Debut in Monument

The Verbena and Wintergreen plans will open for tours at Willow Springs Ranch MONUMENT, Colo. , Nov. 7, 2022 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

3 months ago - PRNewsWire

Richmond American Expands Solar Leasing to Las Vegas

Vegas homebuyers can now lease a solar power system LAS VEGAS , Nov. 4, 2022 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), parent company to the Richmond American Homes companies, is pleased to a...

3 months ago - PRNewsWire

Bear of the Day: M.D.C. Holdings (MDC)

7% rates are hitting home builders hard.

3 months ago - Zacks Investment Research

Richmond American Announces Grand Opening of New La Quinta Community

Bella at Piazza Serena is  set to debut on Saturday, November 5 LA QUINTA, Calif. , Nov. 1, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

3 months ago - PRNewsWire

Richmond American Announces Grand Opening of Two Hemet Communities

Alta and Soltera at McSweeny Farms  are set to debut this Saturday HEMET, Calif., Oct. 31, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

3 months ago - PRNewsWire

MDC's Earnings Miss Estimates in Q3, Gross Margin Declines

MDC's third-quarter results reflect slow housing demand and high inflation.

3 months ago - Zacks Investment Research

This Stock Has A 6.39% Yield And Sells For Less Than Book

For example, the recent MDC share price of $31.28 represents a price-to-book ratio of 0.8 and an annual dividend yield of 6.39%

3 months ago - Forbes

M.D.C. Holdings, Inc. (MDC) Q3 Earnings Lag Estimates

M.D.C. Holdings, Inc. (MDC) delivered earnings and revenue surprises of -11.61% and 2.62%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stoc...

3 months ago - Zacks Investment Research

M.D.C. HOLDINGS ANNOUNCES THIRD QUARTER 2022 RESULTS

DENVER , Oct. 27, 2022 /PRNewswire/ -- M.D.C Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced results for the quarter ended September 30, 2022. "MDC posted strong top li...

3 months ago - PRNewsWire