Log in

NYSE:MDC - M.D.C. Stock Price, Forecast & News

$24.88
-1.75 (-6.57 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$24.21
Now: $24.88
$25.95
50-Day Range
$16.67
MA: $36.68
$45.83
52-Week Range
$15.75
Now: $24.88
$48.99
Volume745,109 shs
Average Volume838,958 shs
Market Capitalization$1.57 billion
P/E Ratio6.71
Dividend Yield4.96%
Beta0.93
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.
Read More
M.D.C. logo

Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
CUSIP55267610
Phone303-773-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.29 billion
Cash Flow$3.90 per share
Book Value$28.49 per share

Profitability

Net Income$238.31 million

Miscellaneous

Employees1,656
Market Cap$1.57 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

Receive MDC News and Ratings via Email

Sign-up to receive the latest news and ratings for MDC and its competitors with MarketBeat's FREE daily newsletter.


M.D.C. (NYSE:MDC) Frequently Asked Questions

How has M.D.C.'s stock been impacted by COVID-19 (Coronavirus)?

M.D.C.'s stock was trading at $33.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MDC shares have decreased by 26.7% and is now trading at $24.88. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of M.D.C.?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M.D.C. in the last year. There are currently 1 sell rating, 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for M.D.C..

When is M.D.C.'s next earnings date?

M.D.C. is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for M.D.C..

How were M.D.C.'s earnings last quarter?

M.D.C. Holdings, Inc. (NYSE:MDC) released its quarterly earnings results on Thursday, January, 30th. The construction company reported $1.42 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.27 by $0.15. The construction company earned $1.07 billion during the quarter, compared to analysts' expectations of $1.07 billion. M.D.C. had a return on equity of 14.11% and a net margin of 7.24%. The firm's quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 earnings per share. View M.D.C.'s earnings history.

How often does M.D.C. pay dividends? What is the dividend yield for M.D.C.?

M.D.C. announced a quarterly dividend on Wednesday, January 29th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.33 per share on Wednesday, February 26th. This represents a $1.32 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date of this dividend is Tuesday, February 11th. This is an increase from M.D.C.'s previous quarterly dividend of $0.30. View M.D.C.'s dividend history.

What price target have analysts set for MDC?

7 Wall Street analysts have issued 1-year price objectives for M.D.C.'s stock. Their forecasts range from $22.00 to $49.00. On average, they expect M.D.C.'s share price to reach $38.50 in the next year. This suggests a possible upside of 54.7% from the stock's current price. View analysts' price targets for M.D.C..

Has M.D.C. been receiving favorable news coverage?

Media stories about MDC stock have trended neutral on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. M.D.C. earned a news impact score of 0.1 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutM.D.C..

Are investors shorting M.D.C.?

M.D.C. saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,796,800 shares, a decrease of 10.6% from the February 27th total of 2,010,000 shares. Based on an average trading volume of 495,200 shares, the short-interest ratio is currently 3.6 days. Approximately 3.6% of the company's shares are sold short. View M.D.C.'s Current Options Chain.

Who are some of M.D.C.'s key competitors?

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 NVIDIA (NVDA), Alibaba Group (BABA), Verizon Communications (VZ), Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), Netflix (NFLX), Xilinx (XLNX), Bank of Hawaii (BOH) and Arch Capital Group (ACGL).

Who are M.D.C.'s key executives?

M.D.C.'s management team includes the following people:
  • Mr. Larry A. Mizel, Chairman & CEO (Age 76)
  • Mr. David D. Mandarich, Pres, COO & Director (Age 71)
  • Mr. Robert Nathaniel Martin, Sr. VP, CFO & Principal Accounting Officer (Age 40)
  • Mr. Michael Touff, Sr. VP & Gen. Counsel (Age 74)
  • Mr. Kelly Taga, Chief Information Officer & VP

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 variety of retail and institutional investors. Top institutional shareholders include CVentures Inc. (12.91%), LSV Asset Management (3.12%), State Street Corp (2.89%), Bank of New York Mellon Corp (2.17%), Hamlin Capital Management LLC (2.17%) and FMR LLC (1.64%). Company insiders that own M.D.C. stock include David D Mandarich, David E Blackford, David Siegel, Herbert T Buchwald, Jean-Frederic Viret, Larry A Mizel, Leslie B Fox, Michael A Berman, Michael Touff, Paris G Reece III, Raymond T Baker and Robert Nathaniel Martin. View institutional ownership trends for M.D.C..

Which institutional investors are selling M.D.C. stock?

MDC stock was sold by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Bank of New York Mellon Corp, Marshall Wace North America L.P., Marshall Wace LLP, Royce & Associates LP, Goldman Sachs Group Inc., Driehaus Capital Management LLC, and Brandes Investment Partners LP. 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, Jean-Frederic Viret, Larry A Mizel, Leslie B Fox, Michael A Berman, Paris G Reece III, Raymond T Baker, and Robert Nathaniel Martin. View insider buying and selling activity for M.D.C..

Which institutional investors are buying M.D.C. stock?

MDC stock was purchased by a variety of institutional investors in the last quarter, including CVentures Inc., Vaughan Nelson Investment Management L.P., Norges Bank, William Blair Investment Management LLC, Jupiter Asset Management Ltd., UBS Group AG, Peregrine Capital Management LLC, and Barclays PLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is M.D.C.'s stock price today?

One share of MDC stock can currently be purchased for approximately $24.88.

How big of a company is M.D.C.?

M.D.C. has a market capitalization of $1.57 billion and generates $3.29 billion in revenue each year. The construction company earns $238.31 million in net income (profit) each year or $3.72 on an earnings per share basis. M.D.C. employs 1,656 workers across the globe. View additional information about M.D.C..

What is M.D.C.'s official website?

The official website for M.D.C. is http://www.mdcholdings.com/.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  264 (Thanks for Voting!)
Underperform Votes:  400 (Thanks for Voting!)
Total Votes:  664
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.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel