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, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey. Its financial services operations consist of 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, and Virginia. M.D.C. Holdings, Inc. was founded in 1972 and is based in Denver, Colorado.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:MDC
CUSIP55267610
Phone303-773-1100
Debt
Debt-to-Equity Ratio0.72
Current Ratio9.59
Quick Ratio2.49
Price-To-Earnings
Trailing P/E Ratio12.10
Forward P/E Ratio8.24
P/E Growth0.45
Sales & Book Value
Annual Sales$2.58 billion
Price / Sales0.68
Cash Flow$2.7299 per share
Price / Cash11.44
Book Value$25.09 per share
Price / Book1.24
Profitability
EPS (Most Recent Fiscal Year)$2.58
Net Income$141.83 million
Net Margins6.91%
Return on Equity13.82%
Return on Assets7.20%
Miscellaneous
Employees1,491
Outstanding Shares56,440,000
Market Cap$1.76 billion
M.D.C. (NYSE:MDC) Frequently Asked Questions
What is M.D.C.'s stock symbol?
M.D.C. trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDC."
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 23rd. Investors of record on Wednesday, August 8th will be given a dividend of $0.30 per share on Wednesday, August 22nd. This represents a $1.20 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend is Tuesday, August 7th. View M.D.C.'s Dividend History.
How were M.D.C.'s earnings last quarter?
M.D.C. Holdings, Inc. (NYSE:MDC) released its earnings results on Wednesday, August, 1st. The construction company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.27. The construction company earned $749.60 million during the quarter, compared to the consensus estimate of $713.27 million. M.D.C. had a net margin of 6.91% and a return on equity of 13.82%. The business's revenue for the quarter was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.64 EPS. View M.D.C.'s Earnings History.
When is M.D.C.'s next earnings date?
What price target have analysts set for MDC?
9 equities research analysts have issued 12 month price objectives for M.D.C.'s stock. Their forecasts range from $30.00 to $42.00. On average, they expect M.D.C.'s share price to reach $35.5714 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for M.D.C..
What is the consensus analysts' recommendation for M.D.C.?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M.D.C. in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M.D.C..
Who are some of M.D.C.'s key competitors?
Some companies that are related to M.D.C. include Toll Brothers (TOL), Taylor Morrison Home (TMHC), TRI Pointe Group (TPH), KB Home (KBH), Meritage Homes (MTH), LGI Homes (LGIH), Century Communities (CCS), William Lyon Homes (WLH), M/I Homes (MHO), Green Brick Partners (GRBK), AV Homes (AVHI), Beazer Homes USA (BZH), Hovnanian Enterprises, Inc. Class A (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI).
Who are M.D.C.'s key executives?
M.D.C.'s management team includes the folowing people:
- Mr. Larry A. Mizel, Chairman & CEO (Age 75)
- Mr. David D. Mandarich, Pres, COO & Director (Age 70)
- Mr. Robert Nathaniel Martin, Sr. VP, CFO & Principal Accounting Officer (Age 39)
- Mr. Michael Touff, Sr. VP & Gen. Counsel (Age 73)
- Mr. Kelly Taga, Chief Information Officer and VP
Has M.D.C. been receiving favorable news coverage?
News headlines about MDC stock have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. M.D.C. earned a news and rumor sentiment score of 0.03 on Accern's scale. They also gave news coverage about the construction company an impact score of 49.91 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for M.D.C..
Who are M.D.C.'s major shareholders?
M.D.C.'s stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.04%), Dimensional Fund Advisors LP (8.37%), LSV Asset Management (3.93%), Hamlin Capital Management LLC (3.35%), Bank of New York Mellon Corp (2.01%) and Segall Bryant & Hamill LLC (1.20%). Company insiders that own M.D.C. stock include David D Mandarich, David E Blackford, David Siegel, Herbert T Buchwald, Michael A Berman, Michael Touff and Robert Nathaniel Martin. View Institutional Ownership Trends for M.D.C..
Which major investors are selling M.D.C. stock?
MDC stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Brandes Investment Partners LP, American Century Companies Inc., Russell Investments Group Ltd., Bowling Portfolio Management LLC, Hamlin Capital Management LLC, Fisher Asset Management LLC and Sei Investments Co.. Company insiders that have sold M.D.C. company stock in the last year include David D Mandarich, David E Blackford, David Siegel, Herbert T Buchwald and Robert Nathaniel Martin. View Insider Buying and Selling for M.D.C..
Which major investors are buying M.D.C. stock?
MDC stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Segall Bryant & Hamill LLC, BlackRock Inc., Smith Graham & Co. Investment Advisors LP, TD Asset Management Inc., Algert Global LLC, Heartland Advisors Inc. and CIBC Private Wealth Group LLC. View Insider Buying and Selling for M.D.C..
How do I buy shares of M.D.C.?
Shares of MDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is M.D.C.'s stock price today?
One share of MDC stock can currently be purchased for approximately $31.23.
How big of a company is M.D.C.?
M.D.C. has a market capitalization of $1.76 billion and generates $2.58 billion in revenue each year. The construction company earns $141.83 million in net income (profit) each year or $2.58 on an earnings per share basis. M.D.C. employs 1,491 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 construction company can be reached via phone at 303-773-1100 or via email at [email protected]
MarketBeat Community Rating for M.D.C. (NYSE MDC)
MarketBeat's community ratings are surveys of what our community members think about M.D.C. and other stocks. Vote "Outperform" if you believe MDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
