M.D.C. Stock Price, News & Analysis (NYSE:MDC)

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for M.D.C. in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MDC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MDC, but not buy additional shares or sell existing shares.
View MDC analyst ratings or view top-rated stocks.

4 brokers have issued twelve-month price objectives for M.D.C.'s stock. Their MDC share price targets range from $39.50 to $55.00. On average, they expect the company's stock price to reach $48.50 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for MDC or view top-rated stocks among Wall Street analysts.

M.D.C.'s stock was trading at $31.60 at the beginning of 2023. Since then, MDC stock has increased by 55.4% and is now trading at $49.12.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our MDC earnings forecast.

M.D.C. Holdings, Inc. (NYSE:MDC) posted its quarterly earnings results on Thursday, October, 26th. The construction company reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.22. The construction company earned $1.09 billion during the quarter, compared to analyst estimates of $1.13 billion. M.D.C. had a trailing twelve-month return on equity of 11.35% and a net margin of 7.50%. M.D.C.'s quarterly revenue was down 22.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.98 EPS.

M.D.C. declared a quarterly dividend on Monday, October 23rd. Shareholders of record on Wednesday, November 8th will be given a dividend of $0.55 per share on Wednesday, November 22nd. This represents a $2.20 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Tuesday, November 7th.
Read our dividend analysis for MDC.

M.D.C. (NYSE:MDC) pays an annual dividend of $2.20 per share and currently has a dividend yield of 4.76%. MDC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDC will have a dividend payout ratio of 42.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MDC.

ETFs with the largest weight of M.D.C. (NYSE:MDC) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco Building & Construction ETF (PKB), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Pacer US Small Cap Cash Cows 100 ETF (CALF), Freedom Day Dividend ETF (MBOX), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Hoya Capital Housing ETF (HOMZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other M.D.C. investors own include Alibaba Group (BABA), Verizon Communications (VZ), Procter & Gamble (PG), Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), Home Depot (HD), Johnson & Johnson (JNJ), Pfizer (PFE) and QUALCOMM (QCOM).

M.D.C.'s stock is owned by a variety of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (2.21%), Hamlin Capital Management LLC (2.13%), Charles Schwab Investment Management Inc. (2.00%), Morgan Stanley (1.61%), Bank of New York Mellon Corp (1.51%) and American Century Companies Inc. (1.24%). Insiders that own company stock include David D Mandarich, David E Blackford, David Siegel, Herbert T Buchwald, Larry A Mizel, Leslie B Fox, Michael A Berman, Michael A Berman, Paris G Reece III, Raymond T Baker, Robert Nathaniel Martin and Staci M Woolsey.
View institutional ownership trends.

Shares of MDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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