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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for M.D.C. in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MDC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MDC, but not buy additional shares or sell existing shares.
View MDC analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 12-month price targets for M.D.C.'s stock. Their MDC share price forecasts range from $27.00 to $28.00. On average, they expect the company's share price to reach $27.67 in the next twelve months. This suggests that the stock has a possible downside of 14.8%.
View analysts price targets for MDC or view top-rated stocks among Wall Street analysts.

M.D.C.'s stock was trading at $55.83 on January 1st, 2022. Since then, MDC shares have decreased by 41.9% and is now trading at $32.46.
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M.D.C. saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 3,680,000 shares, an increase of 18.3% from the October 15th total of 3,110,000 shares. Based on an average trading volume of 699,200 shares, the days-to-cover ratio is currently 5.3 days. Approximately 6.5% of the shares of the stock are sold short.
View M.D.C.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our MDC earnings forecast.

M.D.C. Holdings, Inc. (NYSE:MDC) issued its quarterly earnings results on Thursday, October, 28th. The construction company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.01 by $0.02. The construction company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.36 billion. M.D.C. had a net margin of 11.39% and a trailing twelve-month return on equity of 23.05%. The company's revenue was up 25.7% compared to the same quarter last year. During the same period last year, the company posted $1.38 EPS.

M.D.C. announced a quarterly dividend on Monday, October 24th. Stockholders of record on Wednesday, November 9th will be given a dividend of $0.50 per share on Wednesday, November 23rd. This represents a $2.00 annualized dividend and a dividend yield of 6.16%. The ex-dividend date of this dividend is Tuesday, November 8th.
Read our dividend analysis for MDC.

M.D.C. (NYSE:MDC) pays an annual dividend of $2.00 per share and currently has a dividend yield of 6.16%. MDC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDC will have a dividend payout ratio of 63.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MDC.

Based on aggregate information from My MarketBeat watchlists, some companies that other M.D.C. investors own include Alibaba Group (BABA), Verizon Communications (VZ), 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 BlackRock Inc. (15.63%), Vanguard Group Inc. (9.24%), Dimensional Fund Advisors LP (6.75%), State Street Corp (3.40%), Hamlin Capital Management LLC (2.30%) and Bank of New York Mellon Corp (1.57%). Insiders that own company stock include David D Mandarich, David E Blackford, David Siegel, Herbert T Buchwald, Larry A Mizel, Leslie B Fox, Michael A Berman, Paris G Reece III, Raymond T Baker, Robert Nathaniel Martin and Staci M Woolsey.
View institutional ownership trends.

Shares of MDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MDC stock can currently be purchased for approximately $32.46.

M.D.C. (NYSE:MDC) has a market capitalization of $2.31 billion and generates $5.25 billion in revenue each year. The construction company earns $573.66 million in net income (profit) each year or $8.80 on an earnings per share basis.

The company employs 2,080 workers across the globe.

M.D.C.'s mailing address is 4350 S MONACO STREET SUITE 500, DENVER CO, 80237. The official website for the company is www.mdcholdings.com. The construction company can be reached via phone at (303) 773-1100, via email at ir@mdch.com, or via fax at 303-771-3461.