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

M.D.C.'s stock was trading at $33.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MDC stock has decreased by 31.7% and is now trading at $23.20. View which stocks have been mosted 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, May 5th 2020. View our earnings forecast for M.D.C..

M.D.C. Holdings, Inc. (NYSE:MDC) posted its earnings results on Thursday, January, 30th. The construction company reported $1.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.27 by $0.15. The construction company earned $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. M.D.C. had a return on equity of 14.11% and a net margin of 7.24%. M.D.C.'s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. View M.D.C.'s earnings history.

M.D.C. announced a quarterly dividend on Wednesday, January 29th. Investors of record on Wednesday, February 12th will be given a dividend of $0.33 per share on Wednesday, February 26th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date is Tuesday, February 11th. This is a boost from M.D.C.'s previous quarterly dividend of $0.30. View M.D.C.'s dividend history.

7 analysts have issued 1-year target prices for M.D.C.'s shares. Their forecasts range from $22.00 to $49.00. On average, they expect M.D.C.'s share price to reach $38.50 in the next twelve months. This suggests a possible upside of 65.9% from the stock's current price. View analysts' price targets for M.D.C..

News coverage about MDC stock has trended positive on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 3.0 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutM.D.C..

M.D.C. saw a decrease in short interest in March. As of March 13th, there was short interest totaling 1,796,800 shares, a decrease of 10.6% from the February 27th total of 2,010,000 shares. Based on an average trading volume of 495,200 shares, the days-to-cover ratio is currently 3.6 days. Approximately 3.6% of the shares of the 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), KB Home (KBH), Meritage Homes (MTH), Cavco Industries (CVCO), TRI Pointe Group (TPH), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).

Based on aggregate information from My MarketBeat watchlists, some companies that other M.D.C. investors own include Alibaba Group (BABA), NVIDIA (NVDA), Verizon Communications (VZ), Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), Netflix (NFLX), Xilinx (XLNX), Bank of Hawaii (BOH) and Walt Disney (DIS).

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 $23.20.

M.D.C. has a market capitalization of $1.46 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. View additional information about M.D.C..

The official website for M.D.C. is http://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]