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 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 equities research analysts have issued 12 month target prices 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 stock price to reach $47.33 in the next year. This suggests a possible upside of 72.6% 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 2022. Since then, MDC stock has decreased by 50.9% and is now trading at $27.42.
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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 volume of 563,500 shares, the days-to-cover ratio is presently 5.5 days. Approximately 5.5% of the shares of the company 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) announced its earnings results on Thursday, July, 28th. The construction company reported $2.59 EPS for the quarter, topping analysts' consensus estimates of $2.50 by $0.09. The construction company had revenue of $1.45 billion for the quarter, compared to analyst estimates 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 business's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period last 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 dividend on an annualized basis and a yield of 7.29%. The ex-dividend date 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 7.14%. 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 $27.42.

M.D.C. (NYSE:MDC) has a market capitalization of $1.95 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.