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 2.5% and is now trading at $34.82. 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 EPS for the quarter, missing analysts' consensus estimates 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 net margin of 7.01% and a return on equity of 13.48%. M.D.C.'s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior 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 given a dividend of $0.33 per share on Wednesday, May 20th. This represents a $1.32 annualized dividend and a dividend yield of 3.79%. 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 8.1%. View analysts' price targets for M.D.C..

Press coverage about MDC stock has trended very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. M.D.C. earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. 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 trading volume of 740,500 shares, the short-interest ratio is currently 1.7 days. Approximately 2.5% of the company's 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), Meritage Homes (MTH), KB Home (KBH), 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 $34.82.

M.D.C. has a market capitalization of $2.20 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]