NYSE:MDC M.D.C. (MDC) Stock Forecast, Price & News $41.18 -0.35 (-0.84%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$41.11▼$41.7150-Day Range$41.18▼$51.7552-Week Range$27.04▼$51.94Volume640,653 shsAverage Volume507,080 shsMarket Capitalization$3.07 billionP/E Ratio7.65Dividend Yield5.34%Price Target$46.17 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media M.D.C. MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.1% Upside$46.17 Price TargetShort InterestBearish4.35% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.11Based on 46 Articles This WeekInsider TradingSelling Shares$2.17 M Sold Last QuarterProj. Earnings Growth14.17%From $4.94 to $5.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.60 out of 5 starsConstruction Sector27th out of 102 stocksOperative Builders Industry8th out of 17 stocks 2.0 Analyst's Opinion Consensus RatingM.D.C. has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.17, M.D.C. has a forecasted upside of 12.1% from its current price of $41.18.Amount of Analyst CoverageM.D.C. has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.35% of the float of M.D.C. has been sold short.Short Interest Ratio / Days to CoverM.D.C. has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in M.D.C. has recently increased by 4.42%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipM.D.C. is a leading dividend payer. It pays a dividend yield of 5.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthM.D.C. has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of M.D.C. is 40.89%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, M.D.C. will have a dividend payout ratio of 39.01% next year. This indicates that M.D.C. will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MDC. Previous Next 1.6 News and Social Media Coverage News SentimentM.D.C. has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 46 news articles for M.D.C. this week, compared to 10 articles on an average week.Search InterestOnly 3 people have searched for MDC on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat Follows9 people have added M.D.C. to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, M.D.C. insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,170,919.00 in company stock.Percentage Held by Insiders23.30% of the stock of M.D.C. is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.08% of the stock of M.D.C. is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for M.D.C. are expected to grow by 14.17% in the coming year, from $4.94 to $5.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of M.D.C. is 7.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.Price to Earnings Ratio vs. SectorThe P/E ratio of M.D.C. is 7.65, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 14.06.Price to Book Value per Share RatioM.D.C. has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About M.D.C. (NYSE:MDC) StockM.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 Virginia. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, Pennsylvania, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado.Read More MDC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MDC Stock News HeadlinesSeptember 27, 2023 | americanbankingnews.comM.D.C. Holdings, Inc. (NYSE:MDC) Receives $46.17 Consensus Target Price from BrokeragesSeptember 25, 2023 | finance.yahoo.comRichmond American Announces Its Debut San Marcos CommunitySeptember 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 25, 2023 | americanbankingnews.comAnalysts Set M.D.C. Holdings, Inc. (NYSE:MDC) Target Price at $46.17September 24, 2023 | news.yahoo.comPoll: Which Dade high school athlete should be the Miami Herald’s Player of the Week? (Sept. 24)September 23, 2023 | cbsnews.comMan dead after losing control of vehicle, driving into pole in Southwest Miami-DadeSeptember 23, 2023 | msn.comConservation Corner: SPACE is transforming 'hidden gem,' Upper Chinquapin Greenway'September 23, 2023 | msn.comA new travel plan could close hundreds of miles of Moab’s desert roads. Is it needed conservation, or government overreach?September 27, 2023 | Altimetry (Ad)Pentagon Consultant—Here's how Biden Wins Landslide Re-election—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,September 23, 2023 | news.yahoo.comThis high school student made Miami-Dade County history. ‘Her work ethic speaks volumes’September 22, 2023 | msn.comOusted animal shelter director counter sues over ‘campaign of harassment’ in Miami-DadeSeptember 22, 2023 | news.yahoo.comCrowdfunding conservation: A Pacific island's plan to protect its watersSeptember 22, 2023 | news.yahoo.comMiami-Dade high school seniors head to DC for legislative viewsSeptember 22, 2023 | msn.comMDC confirms 117th sighting of mountain lion in MissouriSeptember 22, 2023 | msn.comTeen shot while sitting in car in Naranja neighborhood, Miami-Dade police saySeptember 22, 2023 | msn.comInside the Civilian Conservation Corps, t he New Deal agency that employed 2.5 million men to preserve national forestsSeptember 22, 2023 | news.yahoo.comCharged as ‘lookout’ in infamous Miami-Dade mass shooting, man faces three murder countsSeptember 22, 2023 | cbsnews.comTeen fighting for his life after southwest Miami-Dade shootingSeptember 22, 2023 | americanbankingnews.comQ3 2023 Earnings Forecast for M.D.C. Holdings, Inc. (NYSE:MDC) Issued By Zacks ResearchSeptember 22, 2023 | yahoo.comA boost in senior aid helps Miami-Dade’s $11.7 billion budget pass without debateSeptember 22, 2023 | cbsnews.comHOA for Caribbean Isles Villas in Miami-Dade under investigation for neglect, handling of fundsSeptember 22, 2023 | cbsnews.comMiami-Dade high school seniors head to DC for up-close look at federal lawmakingSeptember 21, 2023 | msn.comEnvironmental conservation in Brazil: more investments, fewer ‘stupid decisions’September 21, 2023 | msn.comWill Biden’s new American Climate Corps match the success of the California Conservation Corps?September 21, 2023 | cbsnews.comFreddy Ramirez drops out of 2024 race for Miami-Dade sheriff. Here's who else is runningSeptember 21, 2023 | cbsnews.comOpening statements in trial of man charged in northwest Miami-Dade banquet hall shootingSeptember 21, 2023 | msn.comAfter Doral fire, Miami-Dade searches for new trash incinerator siteSee More Headlines Receive MDC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M.D.C. and its competitors with MarketBeat's FREE daily newsletter. Email Address MDC Company Calendar Last Earnings7/27/2023Ex-Dividend for 8/23 Dividend8/08/2023Dividend Payable8/23/2023Today9/27/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Operative builders Sub-IndustryHomebuilding SectorConstruction Current SymbolNYSE:MDC CUSIP55267610 CIK773141 Webwww.mdcholdings.com Phone(303) 773-1100Fax303-771-3461Employees1,643Year Founded1972Price Target and Rating Average Stock Price Forecast$46.17 High Stock Price Forecast$60.00 Low Stock Price Forecast$27.50 Forecasted Upside/Downside+12.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$5.38 Trailing P/E Ratio7.65 Forward P/E Ratio8.34 P/E GrowthN/ANet Income$562.14 million Net Margins7.74% Pretax Margin10.12% Return on Equity12.80% Return on Assets7.44% Debt Debt-to-Equity Ratio0.50 Current Ratio9.07 Quick Ratio3.71 Sales & Book Value Annual Sales$5.15 billion Price / Sales0.60 Cash Flow$8.06 per share Price / Cash Flow5.11 Book Value$42.60 per share Price / Book0.97Miscellaneous Outstanding Shares74,546,000Free Float57,177,000Market Cap$3.07 billion OptionableOptionable Beta1.41 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Larry A. Mizel (Age 80)Exec. Chairman Comp: $8.17MMr. David D. Mandarich (Age 75)Pres, CEO & Director Comp: $7.01MMr. Robert Nathaniel Martin (Age 44)Sr. VP & CFO Comp: $2.36MMr. Michael L. Kaplan J.D. (Age 54)SVP & Gen. Counsel Comp: $529.8kMr. Derek R. Kimmerle (Age 38)VP, Chief Accounting Officer & Controller Mr. Ryan BerryDirector of Corp. Fin. & Assistant TreasurerMs. Krista MontgomerySr. VP of HR & Chief People OfficerMr. Jack GallagherRegional Pres of Maryland, Virginia & Florida - Richmond American Homes Corp.Ms. Dawn HuthSr. VP of National Fin. - Richmond American HomesMs. Natasha GandhiSr. Division Pres of South, North & Central ColoradoMore ExecutivesKey CompetitorsTri Pointe HomesNYSE:TPHKB HomeNYSE:KBHM/I HomesNYSE:MHOMeritage HomesNYSE:MTHToll BrothersNYSE:TOLView All CompetitorsInsiders & InstitutionsBarclays PLCSold 11,633 shares on 9/21/2023Ownership: 0.125%David E BlackfordSold 2,771 sharesTotal: $133,118.84 ($48.04/share)Comerica BankBought 359,065 shares on 8/22/2023Ownership: 0.482%California State Teachers Retirement SystemSold 7,226 shares on 8/21/2023Ownership: 0.088%Teachers Retirement System of The State of KentuckyBought 999 shares on 8/21/2023Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions MDC Stock - Frequently Asked Questions Should I buy or sell M.D.C. stock right now? 4 Wall Street equities 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 equities 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. What is M.D.C.'s stock price forecast for 2023? 4 Wall Street analysts have issued 12 month target prices for M.D.C.'s stock. Their MDC share price forecasts range from $27.50 to $60.00. On average, they anticipate the company's share price to reach $46.17 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View analysts price targets for MDC or view top-rated stocks among Wall Street analysts. How have MDC shares performed in 2023? M.D.C.'s stock was trading at $31.60 at the start of the year. Since then, MDC stock has increased by 30.3% and is now trading at $41.18. View the best growth stocks for 2023 here. When is M.D.C.'s next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our MDC earnings forecast. How were M.D.C.'s earnings last quarter? M.D.C. Holdings, Inc. (NYSE:MDC) issued its quarterly earnings data on Thursday, July, 27th. The construction company reported $1.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.55. The construction company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $939.10 million. M.D.C. had a net margin of 7.74% and a trailing twelve-month return on equity of 12.80%. The company's revenue was down 23.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.59 earnings per share. How often does M.D.C. pay dividends? What is the dividend yield for M.D.C.? M.D.C. declared a quarterly dividend on Monday, July 24th. Stockholders of record on Wednesday, August 9th will be paid a dividend of $0.55 per share on Wednesday, August 23rd. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Tuesday, August 8th. This is an increase from the stock's previous quarterly dividend of $0.50. Read our dividend analysis for MDC. What ETFs hold M.D.C.'s stock? 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). Is M.D.C. a good dividend stock? M.D.C. (NYSE:MDC) pays an annual dividend of $2.20 per share and currently has a dividend yield of 5.31%. 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 40.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDC will have a dividend payout ratio of 39.01% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MDC. What other stocks do shareholders of M.D.C. own? 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). What is M.D.C.'s stock symbol? M.D.C. trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDC." Who are M.D.C.'s major shareholders? M.D.C.'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.27%), Dimensional Fund Advisors LP (7.35%), State Street Corp (3.46%), Principal Financial Group Inc. (2.42%), Hamlin Capital Management LLC (2.18%) and Charles Schwab Investment Management Inc. (1.93%). 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, Paris G Reece III, Raymond T Baker, Robert Nathaniel Martin and Staci M Woolsey. View institutional ownership trends. How do I buy shares of M.D.C.? 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. Compare Top Brokerages Here. What is M.D.C.'s stock price today? One share of MDC stock can currently be purchased for approximately $41.18. How much money does M.D.C. make? M.D.C. (NYSE:MDC) has a market capitalization of $3.07 billion and generates $5.15 billion in revenue each year. The construction company earns $562.14 million in net income (profit) each year or $5.38 on an earnings per share basis. How many employees does M.D.C. have? The company employs 1,643 workers across the globe. How can I contact M.D.C.? M.D.C.'s mailing address is 4350 S MONACO STREET SUITE 500, DENVER CO, 80237. The official website for the company is www.mdcholdings.com. The construction company can be reached via phone at (303) 773-1100, via email at ir@mdch.com, or via fax at 303-771-3461. This page (NYSE:MDC) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding M.D.C. Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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