MDC Stock Recent News
MDC LATEST HEADLINES
M.D.C. Holdings, Inc. (MDC) closed at $54.80 in the latest trading session, marking a -0.81% move from the prior day.
DENVER , Jan. 2, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, will release its 2023 fourth quarter earnings before the market opens on Tuesday, January 30, 2024.
M.D.C. Holdings, Inc. (MDC) reachead $56.01 at the closing of the latest trading day, reflecting a +0.74% change compared to its last close.
In the latest trading session, M.D.C. Holdings, Inc. (MDC) closed at $47.39, marking a +0.64% move from the previous day.
DENVER , Dec. 1, 2023 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced that it is scheduled to present at the Raymond James TMT and Consumer Conference on Tuesday, December 5, 2023, at 2:15 p.m.
M.D.C. Holdings is a homebuilder with a focus on single-family detached homes and financial services operations. The company has seen an increase in revenue and profits in recent years, driven by growth in the number of homes sold and higher pricing. But this year is looking bad based on a plunge in demand for homes that has caused revenue, profits, and cash flows to sink.
Home builder M.D.C. Holdings, Inc. stock has risen over 35% so far in 2023 despite challenges in the housing sector. Earnings and revenues are projected to fall significantly in FY2023, and there is or has been some substantial insider selling in the stock this year. However, the company has a strong balance sheet and also pays a five percent dividend yield.
The headline numbers for M.D.C. Holdings, Inc. (MDC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
M.D.C. Holdings, Inc. (MDC) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.98 per share a year ago.
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