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 year. There are currently 1 sell rating, 2 hold ratings and 1 strong buy rating 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 Wall Street research analysts have issued 1-year price objectives for M.D.C.'s stock. Their MDC share price forecasts range from $27.00 to $77.00. On average, they predict the company's share price to reach $47.33 in the next year. This suggests a possible upside of 68.9% from the stock's current price.
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 at the beginning of the year. Since then, MDC stock has decreased by 49.8% and is now trading at $28.02.
View the best growth stocks for 2022 here.

M.D.C. saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,120,000 shares, an increase of 10.2% from the August 15th total of 2,830,000 shares. Based on an average daily trading volume, of 563,500 shares, the days-to-cover ratio is presently 5.5 days. Approximately 5.5% of the company's shares are short sold.
View M.D.C.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our MDC earnings forecast.

M.D.C. Holdings, Inc. (NYSE:MDC) released its quarterly earnings results on Thursday, July, 28th. The construction company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.09. The construction company earned $1.45 billion during the quarter, compared to the consensus estimate of $1.43 billion. M.D.C. had a net margin of 11.71% and a trailing twelve-month return on equity of 24.31%. The company's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.11 EPS.

M.D.C. announced a quarterly dividend on Thursday, July 28th. Shareholders of record on Wednesday, August 10th will be given a dividend of $0.50 per share on Wednesday, August 24th. This represents a $2.00 annualized dividend and a dividend yield of 7.14%. The ex-dividend date of this dividend is Tuesday, August 9th.
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 6.95%. 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 22.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDC will have a dividend payout ratio of 30.03% 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."

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 $28.02.

M.D.C. (NYSE:MDC) has a market capitalization of $1.99 billion and generates $5.25 billion in revenue each year. The construction company earns $573.66 million in net income (profit) each year or $8.81 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.