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

M.D.C.'s stock was trading at $33.96 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MDC shares have increased by 1.0% and is now trading at $34.31. 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 Tuesday, July 28th 2020. View our earnings forecast for M.D.C..

M.D.C. will be holding an earnings conference call on Tuesday, July 28th 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) issued its quarterly earnings results on Tuesday, May, 5th. The construction company reported $0.56 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.69 by $0.13. The construction company had revenue of $697.10 million for the quarter, compared to the consensus estimate 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 period last year, the business posted $0.64 earnings per share. 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 paid 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 3.85%. 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 anticipate M.D.C.'s share price to reach $32.00 in the next twelve months. This suggests that the stock has a possible downside of 6.7%. View analysts' price targets for M.D.C..

News headlines about MDC stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of 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 -3.3 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about M.D.C..

M.D.C. saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,230,000 shares, an increase of 7.9% from the May 31st total of 1,140,000 shares. Based on an average daily trading volume, of 740,500 shares, the short-interest ratio is currently 1.7 days. Currently, 2.5% of the company's stock 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) 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."

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 $34.31.

M.D.C. has a market capitalization of $2.16 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]