M.D.C. Holdings, Inc. (MDC)
| Market Cap | 4.73B |
| Revenue (ttm) | 4.64B |
| Net Income (ttm) | 401.01M |
| Shares Out | 75.05M |
| EPS (ttm) | 5.29 |
| PE Ratio | 11.91 |
| Forward PE | 11.46 |
| Dividend | $2.20 (3.49%) |
| Ex-Dividend Date | Feb 6, 2024 |
| Volume | 6,413,743 |
| Open | 62.98 |
| Previous Close | 62.95 |
| Day's Range | 62.97 - 62.99 |
| 52-Week Range | 36.47 - 63.00 |
| Beta | 1.54 |
| Analysts | Hold |
| Price Target | 50.63 (-19.61%) |
| 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 -19.61% from the latest price.
News
Sekisui House Completes Acquisition of M.D.C. Holdings, Expanding U.S. Business by Strengthening the Delivery of High-Quality Detached Homes Across 16 States
OSAKA, Japan and DENVER , April 19, 2024 /PRNewswire/ -- Sekisui House, Ltd. ("Sekisui House") (TSE:1928), through SH Residential Holdings, LLC, a subsidiary of Sekisui House US Holdings, LLC, its U.S...
Richmond American Announces a New Tucson Community
Seasons at Blackhawk is coming soon TUCSON, Ariz. , April 18, 2024 /PRNewswire/ -- Richmond American Homes of Arizona, Inc., a subsidiary of M.D.C.
Duolingo Set to Join S&P MidCap 400; Cable One to Join S&P SmallCap 600
NEW YORK , April 17, 2024 /PRNewswire/ -- Duolingo Inc. (NASD:DUOL) will replace Cable One Inc. (NYSE:CABO) in the S&P MidCap 400, and Cable One will replace MDC Holdings Inc. (NYSE:MDC) in the S&P Sm...
Richmond American Announces Grand Opening in Elizabeth
Tour the new Arlington model at Independence this Saturday ELIZABETH, Colo. , April 15, 2024 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.
Richmond American Announces Grand Opening of New Apollo Beach Community
Waterset is set to debut on Saturday, April 20 APOLLO BEACH, Fla. , April 10, 2024 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.
Richmond American Announces Grand Opening in Monument
Enjoy complimentary lunch and home tours at Jackson Creek MONUMENT, Colo., April 8, 2024 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.
Richmond American Set to Build New Neighborhood in Volusia County
Grandview Gardens addition will offer new homes with open layouts and designer details DELAND, Fla. , April 3, 2024 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.
M.D.C. Holdings Stockholders Approve Transaction with Sekisui House
DENVER , April 2, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. ("MDC") (NYSE: MDC), today announced that its stockholders have approved a proposal to adopt the merger agreement entered into between MDC ...
Richmond American Announces Grand Opening in Locust Grove
Enjoy refreshments and home tours this Saturday LOCUST GROVE, Va., April 1, 2024 /PRNewswire/ -- Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C.
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...