NYSE:MDC

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

$58.73

+1.30 (+2.26 %)

(As of 02/24/2021 12:00 AM ET)

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Today's Range

$55.86

Now: $58.73▼

$58.80

50-Day Range

$45.53

MA: $53.84▼

$61.05

52-Week Range

$15.75

Now: $58.73▼

$61.45

Volume557,735 shs

Average Volume612,707 shs

Market Capitalization$3.81 billion

P/E Ratio12.29

Dividend Yield2.79%

Beta1.53

M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, Washington, Oregon, Colorado, Utah, Virginia, Maryland, and Florida. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado.

Headlines

MDC Partners to Present at the 2021 J.P. Morgan Global High Yield & Leveraged Finance Conference - Yahoo Finance
February 24, 2021 | finance.yahoo.com

Police Investigate Fatal Double Shooting in Northwest Miami-Dade County
February 21, 2021 | msn.com

Warren Co. Conservation Board takes first step to eliminate director position
February 21, 2021 | msn.com

ERCOT's request for power conservation is over
February 20, 2021 | msn.com

Fatal Double Shooting Investigated In Northwest Miami-Dade
February 20, 2021 | msn.com

Florida COVID update on Saturday: Miami-Dade tops 400,000 cases as state adds 7,280
February 20, 2021 | msn.com

Richmond American Homes Debuts New Neighborhood in Yulee - PRNewswire
February 19, 2021 | prnewswire.com

MDC Partners Schedules Conference Call to Discuss Its Financial Results for the Three and Twelve Months Ended December 31, 2020 - Yahoo Finance
February 19, 2021 | finance.yahoo.com

Richmond American Homes Debuts New Neighborhood in Yulee
February 19, 2021 | finance.yahoo.com

3 Reasons Why Growth Investors Shouldn't Overlook M.D.C. Holdings, Inc. (MDC) - Nasdaq
February 19, 2021 | nasdaq.com

Proven Digital Executive Deirdre McGlashan Joins MDC Partners as Chief Media Officer - PRNewswire
February 17, 2021 | prnewswire.com

Miami-Dade Mayor Daniella Levine Cava Meets With Officials About Increase In Violence
February 17, 2021 | msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Operative builders

Sub-IndustryHomebuilding

SectorConstruction

Current SymbolNYSE:MDC

Previous Symbol

CUSIP55267610

CIK773141

Webwww.mdcholdings.com

Phone303-773-1100

Employees1,656

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.59

Current Ratio7.69

Quick Ratio1.89

Price-To-Earnings

Trailing P/E Ratio12.29

Forward P/E Ratio11.49

P/E Growth0.48

Sales & Book Value

Annual Sales$3.29 billion

Price / Sales1.16

Cash Flow$5.21 per share

Price / Cash Flow11.28

Book Value$28.49 per share

Price / Book2.06

Profitability

EPS (Most Recent Fiscal Year)$3.72

Net Income$238.31 million

Net Margins8.27%

Return on Equity16.78%

Return on Assets9.04%

Miscellaneous

Outstanding Shares64,851,000

Market Cap$3.81 billion

Next Earnings Date5/4/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.37 out of 5 stars

Construction Sector

9th out of 205 stocks

Operative Builders Industry

5th out of 19 stocks

1.3 Analyst's Opinion

Consensus Rating
M.D.C. has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $55.17, M.D.C. has a forecasted downside of 6.1% from its current price of $58.73.
Amount of Analyst Coverage
M.D.C. has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
M.D.C. has received 278 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
M.D.C. has received 421 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
M.D.C. has received 60.23% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about M.D.C. and other stocks. Vote “Outperform” if you believe MDC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MDC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
M.D.C. pays a meaningful dividend of 2.79%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
M.D.C. has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of M.D.C. is 43.01%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, M.D.C. will have a dividend payout ratio of 24.62% next year. This indicates that M.D.C. will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, M.D.C. insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,489,869.00 in company stock.
Percentage Held by Insiders
Only 25.20% of the stock of M.D.C. is held by insiders.
Percentage Held by Institutions
73.61% of the stock of M.D.C. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4 Earnings and Valuation

Earnings Growth
Earnings for M.D.C. are expected to grow by 27.20% in the coming year, from $5.11 to $6.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of M.D.C. is 12.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of M.D.C. is 12.29, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 31.34.
Price to Earnings Growth Ratio
M.D.C. has a PEG Ratio of 0.48. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
M.D.C. has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$58.73

+1.30 (+2.26 %)

(As of 02/24/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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M.D.C. (NYSE:MDC) Frequently Asked Questions

Is M.D.C. a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M.D.C. in the last year. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" M.D.C. stock.
View analyst ratings for M.D.C. or view top-rated stocks.

What stocks does MarketBeat like better than M.D.C.?

Wall Street analysts have given M.D.C. a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but M.D.C. wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is M.D.C.'s next earnings date?

M.D.C. is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for M.D.C..

How were M.D.C.'s earnings last quarter?

M.D.C. Holdings, Inc. (NYSE:MDC) issued its earnings results on Tuesday, February, 2nd. The construction company reported $2.19 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.73 by $0.46. The construction company had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.21 billion. M.D.C. had a net margin of 8.27% and a trailing twelve-month return on equity of 16.78%. The company's revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.42 EPS.
View M.D.C.'s earnings history.

How has M.D.C.'s stock price been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, MDC stock has increased by 72.9% and is now trading at $58.73.
View which stocks have been most impacted by COVID-19.

How often does M.D.C. pay dividends? What is the dividend yield for M.D.C.?

M.D.C. announced a quarterly dividend on Thursday, January 28th. Shareholders of record on Wednesday, February 10th will be paid a dividend of $0.3429 per share on Wednesday, February 24th. This represents a $1.37 annualized dividend and a dividend yield of 2.34%. The ex-dividend date is Tuesday, February 9th.
View M.D.C.'s dividend history.

Is M.D.C. a good dividend stock?

M.D.C. pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.79%. M.D.C. does not yet have a strock track record of dividend growth. The dividend payout ratio of M.D.C. is 43.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, M.D.C. will have a dividend payout ratio of 24.62% next year. This indicates that M.D.C. will be able to sustain or increase its dividend.
View M.D.C.'s dividend history.

What price target have analysts set for MDC?

7 equities research analysts have issued 12-month target prices for M.D.C.'s shares. Their forecasts range from $29.00 to $71.00. On average, they anticipate M.D.C.'s stock price to reach $55.17 in the next twelve months. This suggests that the stock has a possible downside of 6.1%.
View analysts' price targets for M.D.C. or view top-rated stocks among Wall Street analysts.

Who are M.D.C.'s key executives?

M.D.C.'s management team includes the following people:

Mr. Larry A. Mizel, Exec. Chairman (Age 78, Pay $5.3M)
Mr. David D. Mandarich, Pres, CEO & Director (Age 73, Pay $4.84M)
Mr. Robert Nathaniel Martin, Sr. VP & CFO (Age 42, Pay $1.57M)
Mr. Michael Touff, Sr. VP (Age 76, Pay $953.35k)
Ms. Staci M. Woolsey, VP & Chief Accounting Officer (Age 44)
Mr. Ryan Berry, Director of Corp. Fin. & Assistant Treasurer
Mr. Kelly Taga, Chief Information Officer & VP
Ms. Rebecca Givens, Sr. VP & Gen. Counsel
Ms. Krista Montgomery, VP of HR
Mr. David Viger, Chief Operating Officer for Richmond American Homes

Who are some of M.D.C.'s key competitors?

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 Homes (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).
View all of MDC's competitors.

What other stocks do shareholders of M.D.C. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other M.D.C. investors own include Alibaba Group (BABA), Verizon Communications (VZ), The Procter & Gamble (PG), Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), The Home Depot (HD), Johnson & Johnson (JNJ), Pfizer (PFE) and QUALCOMM (QCOM).

What is M.D.C.'s stock symbol?

M.D.C. trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDC."

Who are M.D.C.'s major shareholders?

M.D.C.'s stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.40%), CVentures Inc. (12.39%), Hamlin Capital Management LLC (2.41%), Northern Trust Corp (1.55%), Bank of New York Mellon Corp (1.36%) and Clark Capital Management Group Inc. (0.99%). Company insiders that own M.D.C. stock include David D Mandarich, David E Blackford, David Siegel, Herbert T Buchwald, Jean-Frederic Viret, Larry A Mizel, Leslie B Fox, Michael A Berman, Michael Touff, Paris G Reece III, Raymond T Baker, Robert Nathaniel Martin and Staci M Woolsey.
View institutional ownership trends for M.D.C..

Which institutional investors are selling M.D.C. stock?

MDC stock was sold by a variety of institutional investors in the last quarter, including Clark Capital Management Group Inc., Bank of New York Mellon Corp, Walthausen & Co. LLC, Royce & Associates LP, Heartland Advisors Inc., Squarepoint Ops LLC, JPMorgan Chase & Co., and Morgan Stanley. Company insiders that have sold M.D.C. company stock in the last year include David D Mandarich, David Siegel, Larry A Mizel, Leslie B Fox, Paris G Reece III, Robert Nathaniel Martin, and Staci M Woolsey.
View insider buying and selling activity for M.D.C. or view top insider-selling stocks.

Which institutional investors are buying M.D.C. stock?

MDC stock was bought by a variety of institutional investors in the last quarter, including CVentures Inc., BlackRock Inc., Vision Capital Corp, Peregrine Capital Management LLC, Amundi Pioneer Asset Management Inc., South Street Advisors LLC, Riggs Asset Managment Co. Inc., and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for M.D.C. or or view top insider-buying stocks.

How do I buy shares of M.D.C.?

Shares of MDC 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.
Compare Top Brokerages Here.

What is M.D.C.'s stock price today?

One share of MDC stock can currently be purchased for approximately $58.73.

How much money does M.D.C. make?

M.D.C. has a market capitalization of $3.81 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.

How many employees does M.D.C. have?

M.D.C. employs 1,656 workers across the globe.

What is M.D.C.'s official website?

The official website for M.D.C. is www.mdcholdings.com.

Where are M.D.C.'s headquarters?

M.D.C. is headquartered at 4350 S MONACO STREET SUITE 500, DENVER CO, 80237.

How can I contact M.D.C.?

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]

This page was last updated on 2/24/2021 by MarketBeat.com Staff

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