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

M.D.C. trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDC."

M.D.C. declared a quarterly dividend on Monday, October 28th. Investors of record on Wednesday, November 13th will be paid a dividend of $0.30 per share on Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Tuesday, November 12th. View M.D.C.'s Dividend History.

M.D.C. Holdings, Inc. (NYSE:MDC) released its quarterly earnings data on Wednesday, October, 30th. The construction company reported $0.79 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.08. The construction company had revenue of $750.27 million for the quarter, compared to the consensus estimate of $767.23 million. M.D.C. had a return on equity of 12.73% and a net margin of 6.58%. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.86 earnings per share. View M.D.C.'s Earnings History.

M.D.C. is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for M.D.C..

5 equities research analysts have issued 1-year price targets for M.D.C.'s shares. Their forecasts range from $41.00 to $49.00. On average, they anticipate M.D.C.'s stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Price Targets for M.D.C..

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M.D.C. in the last year. There are currently 3 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for M.D.C..

Press coverage about MDC stock has been trending very negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. M.D.C. earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for M.D.C..

M.D.C. saw a increase in short interest in October. As of October 15th, there was short interest totalling 2,080,000 shares, an increase of 6.7% from the September 15th total of 1,950,000 shares. Based on an average trading volume of 479,700 shares, the days-to-cover ratio is presently 4.3 days. Currently, 4.2% of the shares of the company are short sold. View M.D.C.'s Current Options Chain.

Some companies that are related to M.D.C. include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), Meritage Homes (MTH), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV) and Ryland Group (RYL).

Based on aggregate information from My MarketBeat watchlists, some companies that other M.D.C. investors own include Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Stag Industrial (STAG), Procter & Gamble (PG), Celgene (CELG), Intel (INTC), Ford Motor (F), Cisco Systems (CSCO), Gilead Sciences (GILD) and Micron Technology (MU).

M.D.C.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Hamlin Capital Management LLC (2.76%), Strs Ohio (0.53%), Smith Graham & Co. Investment Advisors LP (0.50%), Fisher Asset Management LLC (0.29%), Rhumbline Advisers (0.28%) and Lesa Sroufe & Co (0.21%). 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, Michael A Berman, Michael Touff, Paris G Reece III, Raymond T Baker and Robert Nathaniel Martin. View Institutional Ownership Trends for M.D.C..

MDC stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Hamlin Capital Management LLC, First Trust Advisors LP, WBI Investments Inc., Mackay Shields LLC, Lesa Sroufe & Co, Alberta Investment Management Corp and Municipal Employees Retirement System of Michigan. 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, Michael A Berman, Michael Touff, Paris G Reece III, Raymond T Baker and Robert Nathaniel Martin. View Insider Buying and Selling for M.D.C..

MDC stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Bowling Portfolio Management LLC, Acorn Advisory Capital L.P., Price Capital Management Inc., Chicago Equity Partners LLC, Denali Advisors LLC, State of Alaska Department of Revenue and BBVA USA Bancshares Inc.. View Insider Buying and Selling for 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.

One share of MDC stock can currently be purchased for approximately $38.07.

M.D.C. has a market capitalization of $2.36 billion and generates $2.98 billion in revenue each year. The construction company earns $210.78 million in net income (profit) each year or $3.67 on an earnings per share basis. M.D.C. employs 1,581 workers across the globe.View Additional Information About M.D.C..

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

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]