M.D.C. Holdings, Inc. (MDC)
- Previous Close
62.95 - Open
62.98 - Bid --
- Ask --
- Day's Range
62.97 - 62.99 - 52 Week Range
36.47 - 63.00 - Volume
6,413,743 - Avg. Volume
2,031,998 - Market Cap (intraday)
4.727B - Beta (5Y Monthly) 1.54
- PE Ratio (TTM)
11.91 - EPS (TTM)
5.29 - Earnings Date Apr 30, 2024 - May 6, 2024
- Forward Dividend & Yield 2.15 (3.41%)
- Ex-Dividend Date Feb 6, 2024
- 1y Target Est
51.00
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, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee, and Virginia. 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, Pennsylvania, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado. As of April 19, 2024, M.D.C. Holdings, Inc. operates as a subsidiary of SH Residential Holdings, LLC.
ir.richmondamerican.com1,760
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MDC
Performance Overview: MDC
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
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Statistics: MDC
Valuation Measures
Market Cap
4.73B
Enterprise Value
4.73B
Trailing P/E
11.91
Forward P/E
12.41
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.02
Price/Book (mrq)
1.40
Enterprise Value/Revenue
1.02
Enterprise Value/EBITDA
8.58
Financial Highlights
Profitability and Income Statement
Profit Margin
8.64%
Return on Assets (ttm)
5.48%
Return on Equity (ttm)
12.40%
Revenue (ttm)
4.64B
Net Income Avi to Common (ttm)
398.76M
Diluted EPS (ttm)
5.29
Balance Sheet and Cash Flow
Total Cash (mrq)
1.48B
Total Debt/Equity (mrq)
50.96%
Levered Free Cash Flow (ttm)
357.57M
Research Analysis: MDC
Company Insights: MDC
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Insider Sentiment Score
Research Reports: MDC
Market Update: BAC, JNJ, MDC, DAL
Stocks were largely flat on Wednesday morning following mixed earnings from major banks. Goldman Sachs posted much better-than-expected 3Q revenue and earnings, driven by strength in asset management and fixed-income trading. Bank of America posted mixed results, missing on revenue but with EPS slightly above consensus. Wells Fargo posted better-than-expected revenue but fell short on EPS. The Dow rose 0.1%, the S&P 0.1%, and the Nasdaq 0.2%. Crude oil traded near $41 per barrel, while gold rose $17 to $1911 per ounce.
Analyst Report: M.D.C. Holdings, Inc.
M.D.C. Holdings Inc., based in Denver, is a major homebuilder operating under the name Richmond American Homes. In 2019, total revenues were $3.3 billion. The average selling price of homes closed was $460,000, down from $481,000 in 2018. The company's focus is on single-family detached homes. Roughly 56% of homebuilding revenues come from the West Coast, 35% from the Mountain states, and 9% from the East. About 60% of 2019 deliveries were in more affordable categories, up from less than 30% in 2017. The Financial services segment consists of HomeAmerican Mortgage Corp., American Home Insurance Agency, Allegiant Insurance Company and American Home Title, which primarily provide services to Richmond American's home buyers. The company is on a calendar basis with the year ending on December 31.
RatingPrice TargetAnalyst Report: M.D.C. Holdings, Inc.
M.D.C. Holdings Inc., based in Denver, is a major homebuilder operating under the name Richmond American Homes. In 2019, total revenues were $3.3 billion. The average selling price of homes closed was $460,000, down from $481,000 in 2018. The company's focus is on single-family detached homes. Roughly 56% of homebuilding revenues come from the West Coast, 35% from the Mountain states, and 9% from the East. About 60% of 2019 deliveries were in more affordable categories, up from less than 30% in 2017. The Financial services segment consists of HomeAmerican Mortgage Corp., American Home Insurance Agency, Allegiant Insurance Company and American Home Title, which primarily provide services to Richmond American's home buyers. The company is on a calendar basis with the year ending on December 31.
RatingPrice TargetMarket Update: ATVI, IFF, MDC, NBL, DEO
Stocks were mixed on Thursday morning following better-than-expected weekly employment data. The Labor Department said that first-time unemployment benefit claims fell by 228,000 to 963,000 for the week ended August 8, below the Bloomberg consensus forecast of 1.1 million. The reading was the first below 1 million since the pandemic took hold in March. The Dow fell 0.1%, the S&P rose 0.2%, and the Nasdaq rose 0.9%. Crude oil fell 1% to $42 per barrel, while gold rose $9 to $1958 per ounce.