NYSE:MDCM.D.C. Stock Price, Forecast & News

M.D.C.'s stock was trading at $33.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MDC shares have increased by 7.3% and is now trading at $36.45. View which stocks have been most impacted by Coronavirus.

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..

M.D.C. is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for M.D.C..

M.D.C. Holdings, Inc. (NYSE:MDC) posted its quarterly earnings results on Tuesday, May, 5th. The construction company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.13. The construction company earned $697.10 million during the quarter, compared to analysts' expectations of $733.88 million. M.D.C. had a return on equity of 13.48% and a net margin of 7.01%. M.D.C.'s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.64 EPS. View M.D.C.'s earnings history.

M.D.C. declared a quarterly dividend on Friday, April 3rd. Investors of record on Wednesday, May 6th will be given a dividend of $0.33 per share on Wednesday, May 20th. This represents a $1.32 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date is Tuesday, May 5th. View M.D.C.'s dividend history.

7 analysts have issued 1 year price targets for M.D.C.'s stock. Their forecasts range from $22.00 to $42.00. On average, they expect M.D.C.'s stock price to reach $32.00 in the next year. This suggests that the stock has a possible downside of 12.2%. View analysts' price targets for M.D.C..

Headlines about MDC stock have been trending somewhat negative on Friday, according to InfoTrie. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. M.D.C. earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutM.D.C..

M.D.C. saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,080,000 shares, a drop of 21.7% from the April 30th total of 1,380,000 shares. Based on an average daily trading volume, of 724,800 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.2% of the shares of the stock are sold short. 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) and Hovnanian Enterprises (HOV). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other M.D.C. investors own include Alibaba Group (BABA), Cisco Systems (CSCO), Home Depot (HD), Verizon Communications (VZ), NVIDIA (NVDA), Intel (INTC), CVS Health (CVS), Walt Disney (DIS), AT&T (T) and Procter & Gamble (PG).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.55%), State Street Corp (3.01%), Bank of New York Mellon Corp (2.13%), Vaughan Nelson Investment Management L.P. (1.35%), Geode Capital Management LLC (1.20%) and Advisory Research Inc. (0.70%). 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 UBS Group AG, Morgan Stanley, Morgan Stanley, WINTON GROUP Ltd, William Blair Investment Management LLC, Schroder Investment Management Group, New York State Common Retirement Fund, and Invesco Ltd.. 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, and Raymond T Baker. 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 Advisory Research Inc., Grantham Mayo Van Otterloo & Co. LLC, Bahl & Gaynor Inc., Natixis Advisors L.P., Acadian Asset Management LLC, State Street Corp, BlackRock Inc., and Comerica Bank. 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 $36.45.

M.D.C. has a market capitalization of $2.30 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]