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

4 Wall Street 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 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 analysts have issued 1-year target prices for M.D.C.'s shares. Their MDC share price forecasts range from $27.00 to $28.00. On average, they anticipate the company's share price to reach $27.67 in the next year. This suggests that the stock has a possible downside of 27.4%.
View analysts price targets for MDC or view top-rated stocks among Wall Street analysts.

M.D.C.'s stock was trading at $31.60 at the beginning of the year. Since then, MDC shares have increased by 20.6% and is now trading at $38.10.
View the best growth stocks for 2023 here.

M.D.C. saw a decline in short interest in January. As of January 15th, there was short interest totaling 2,530,000 shares, a decline of 14.8% from the December 31st total of 2,970,000 shares. Based on an average trading volume of 617,500 shares, the days-to-cover ratio is presently 4.1 days. Currently, 4.5% of the company's shares are sold short.
View M.D.C.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023.
View our MDC earnings forecast.

M.D.C. will be holding an earnings conference call on Tuesday, January 31st at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "1622183".

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

M.D.C. announced a quarterly dividend on Monday, January 23rd. Investors of record on Wednesday, February 8th will be paid a dividend of $0.50 per share on Wednesday, February 22nd. This represents a $2.00 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date is Tuesday, February 7th.
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 5.34%. MDC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 investors include Hamlin Capital Management LLC (2.31%), Peregrine Capital Management LLC (0.48%), Kovitz Investment Group Partners LLC (0.35%), Investment Management of Virginia LLC (0.30%), Community Trust & Investment Co. (0.11%) and Greenhaven Associates Inc. (0.09%). 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 $38.10.

M.D.C. (NYSE:MDC) has a market capitalization of $2.72 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.