M.D.C. Stock Forecast, Price & News

M.D.C.'s stock was trading at $33.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MDC stock has increased by 40.0% and is now trading at $47.55.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M.D.C. in the last year. There are currently 1 sell rating, 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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M.D.C. is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for M.D.C..

M.D.C. will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

M.D.C. Holdings, Inc. (NYSE:MDC) released its earnings results on Tuesday, July, 28th. The construction company reported $1.31 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.83 by $0.48. The construction company had revenue of $886.80 million for the quarter, compared to analyst estimates of $806.74 million. M.D.C. had a return on equity of 14.75% and a net margin of 7.52%. The firm's revenue for the quarter was up 21.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.86 earnings per share.
View M.D.C.'s earnings history.

M.D.C. declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Wednesday, August 12th will be paid a dividend of $0.33 per share on Wednesday, August 26th. This represents a $1.32 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Tuesday, August 11th.
View M.D.C.'s dividend history.

9 brokers have issued 12-month price objectives for M.D.C.'s shares. Their forecasts range from $29.00 to $67.00. On average, they anticipate M.D.C.'s share price to reach $49.71 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for M.D.C..

Some companies that are related to M.D.C. include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other M.D.C. investors own include Alibaba Group (BABA), Verizon Communications (VZ), The Procter & Gamble (PG), Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), Home Depot (HD), Johnson & Johnson (JNJ), Pfizer (PFE) and QUALCOMM (QCOM).

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

M.D.C.'s stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Hamlin Capital Management LLC (2.39%), Peregrine Capital Management LLC (0.31%), Cambiar Investors LLC (0.07%), State of Alaska Department of Revenue (0.07%), Envestnet Asset Management Inc. (0.07%) and Nisa Investment Advisors LLC (0.07%). 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..

MDC stock was sold by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Assenagon Asset Management S.A., Cambiar Investors LLC, Alpha Windward LLC, Nisa Investment Advisors LLC, Carroll Financial Associates Inc., Flagship Harbor Advisors LLC, and State of Alaska Department of Revenue. Company insiders that have sold M.D.C. company stock in the last year include David D Mandarich, David Siegel, Larry A Mizel, Leslie B Fox, Paris G Reece III, and Robert Nathaniel Martin.
View insider buying and selling activity for M.D.C..

MDC stock was acquired by a variety of institutional investors in the last quarter, including Inlet Private Wealth LLC, Peregrine Capital Management LLC, Aptus Capital Advisors LLC, Fulcrum Asset Management LLP, Louisiana State Employees Retirement System, Avantax Advisory Services Inc., Envestnet Asset Management Inc., and Exane Derivatives.
View insider buying and selling activity 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 $47.55.

M.D.C. has a market capitalization of $3.01 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.

The official website for M.D.C. is 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]