M.D.C. Holdings, Inc. (MDC)
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]
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 StatementsAnalyst 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.
News

MDC's Q4 Earnings Miss, Revenues Beat, Gross Margin Declines
MDC's fourth-quarter results reflect slow housing demand and high inflation.

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...

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...

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.

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.

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...

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.

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...

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 ...

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.

Richmond American Adds New Neighborhood to Popular Fontana Masterplan
Cascade at Highland Park opens for sales this weekend! FONTANA, Calif.

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.

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...

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.

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.

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.

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.

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...

Bear of the Day: M.D.C. Holdings (MDC)
7% rates are hitting home builders hard.

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.

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.

MDC's Earnings Miss Estimates in Q3, Gross Margin Declines
MDC's third-quarter results reflect slow housing demand and high inflation.

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%

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...

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...