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MDC

M.D.C. Holdings, Inc.

Consumer Cyclical

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Price alert · MDC

All alert types
62.98 0.00 0.00%
As of Apr 18, 2024
62.97 Day range 62.99

52-week range unavailable

Open
62.98
Prev close
62.98
Mkt cap
4.73B
Vol
6.41M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
3.41%
More statistics
Low
62.97
High
62.99
Forward P/E
11.23
Beta
1.54
Short ratio
1.58
Inst. own
79.24%
Dividend
2.15
Ex-div date
Feb 5, 2024
Earnings
May 7, 2024
50-d avg
62.70
200-d avg
51.73
1y target
51.00

2Y chart

Chart tools
Interval
MDC two-year price chart27.036.045.054.063.0Apr 22Sep 22Feb 23Jun 23Nov 23Apr 24

Key statistics

Market cap
4.73B
Enterprise value
4.95B
Trailing P/E
11.91
Forward P/E
11.23
PEG ratio
0.87
Price / sales
1.02
Price / book
1.39
EPS (TTM)
5.29
Beta
1.54
Dividend yield
3.41%
Payout ratio
39.70%
Profit margin
8.64%
Revenue (TTM)
4.64B
Revenue growth
-11.40%
Free cash flow
357.57M
Total cash
1.48B
Total debt
1.72B
Return on equity
12.40%
Shares outstanding
75.05M
Short % of float
5.05%
50-day average
62.70
200-day average
51.73

Analyst view

Consensus: hold

Hold
Price target (mean) 51.00
Ratings (0m) 12 0 buy · 8 hold · 4 sell
  • Strong buy0
  • Buy0
  • Hold8
  • Sell4
  • Strong sell0

Next earnings

May 7, 2024

Expected May 7, 2024. Consensus EPS estimate 1.34.

Earnings history

Financials — quick view

All financials
MDC Revenue — quarterly 1.35B
2020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 2023
MDC Net income — quarterly 119.51M
2020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 2023
MDC EPS — quarterly 1.60
2020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 2023

Earnings

MDC recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
May 7, 2024Mar 1, 20241.20———
Jan 30, 2024Dec 1, 20231.44———
Oct 26, 2023Sep 1, 20231.18———
Jul 27, 2023Jun 1, 20230.69———
May 2, 2023Mar 1, 20230.44———
Jan 31, 2023Dec 1, 20221.53———

Upgrades / downgrades

MDC analyst upgrades and downgrades
DateFirmActionFromTo
Aug 2, 2023Raymond JamesmainOutperformOutperform
Jul 30, 2023WedbushmainNeutralNeutral
Jul 13, 2023Raymond JamesupMarket PerformOutperform
Jun 13, 2023Seaport Globalinit—Neutral
May 2, 2023Wedbushreit—Neutral
Mar 5, 2023JP Morganmain—Underweight

About M.D.C. Holdings, Inc.

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.

Sector
Consumer Cyclical
Industry
Residential Construction
Country
United States

News

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Insider holders

MDC insider holders
InsiderRelationLatest transactionDateShares held
BAKER RAYMOND TDirectorStock Award(Grant)Jul 31, 202356,078
BERMAN MICHAEL A.DirectorStock Award(Grant)Jul 31, 202329,637
BLACKFORD DAVID EDirectorStock GiftMar 14, 202413,216
BUCHWALD HERBERT TDirectorStock Award(Grant)Jul 31, 202318,943
MANDARICH DAVID DChief Executive OfficerStock GiftMar 6, 20244,206,840
MARTIN ROBERT NATHANIELChief Financial OfficerStock GiftFeb 28, 2024275,307

Institution ownership

MDC institution ownership
Holder% heldSharesValueReported
Blackrock Inc.13.27%9,890,620462.58MJun 29, 2023
Vanguard Group Inc9.22%6,875,162321.55MJun 29, 2023
Dimensional Fund Advisors LP7.35%5,482,338256.41MJun 29, 2023
State Street Corporation3.46%2,576,453120.50MJun 29, 2023
Capital World Investors2.68%2,001,00093.59MJun 29, 2023
Principal Financial Group, Inc.2.42%1,803,54384.35MJun 29, 2023

Fund ownership

MDC fund ownership
Holder% heldSharesValueReported
iShares Core S&P Smallcap ETF5.40%4,026,538166.01MSep 29, 2023
Smallcap World Fund2.68%2,001,00093.59MJun 29, 2023
DFA U.S. Small Cap Value Series2.50%1,862,39895.50MJul 30, 2023
Vanguard Total Stock Market Index Fund2.45%1,828,46985.52MJun 29, 2023
Vanguard Small-Cap Index Fund2.03%1,510,11670.63MJun 29, 2023
iShares Russell 2000 ETF1.80%1,343,35063.74MAug 30, 2023
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