M.D.C. Holdings

M.D.C. Holdings, Inc. provides homebuilding and financial services. Its homebuilding operations consist of wholly owned subsidiary companies that generally purchase finished lots or develop lots to the extent necessary for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the name Richmond American Homes. The firm's financial services operations consist of HomeAmerican Mortgage Corporation, Allegiant Insurance Company, Inc., StarAmerican Insurance Ltd, American Home Insurance Agency, Inc., American Home Title, and Escrow Company. The company was founded by Larry A. Mizel in 1972 and is headquartered in Denver, CO.

Earnings data Q2 2020

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Earnings data Q1 2024

M.D.C. Holdings adjusts strategies to navigate market challenges in Q4 2022

M.D.C. Holdings navigated challenges in Q4 2022 by adapting strategies, focusing on high-margin backlog, and increasing spec home construction. The company remains confident in the long-term outlook for new home construction despite short-term market pressures.

M.D.C. Holdings (MDC) reports strong Q1 performance and growth opportunities

M.D.C. Holdings (MDC) delivered a robust performance in Q1, exceeding expectations in net income and home deliveries.
The company's strategic focus on sales volume, operational efficiency, and market adaptability positions it well for future growth.
While facing challenges like margin pressures and capital allocation decisions, MDC has opportunities to optimize operations and drive profitability.

M.D.C. Holdings reports solid Q2 performance and eyes margin growth

M.D.C. Holdings (MDC) navigated Q2 2023 with strong home sales revenues, improved gross margins, and strategic land purchases to support growth objectives.
Despite facing challenges with lower income and increased costs, the company's focus on curated spec homes and operational efficiency positions it well for future success.
Opportunities lie in leveraging curated spec homes for higher margins, increasing spec inventory, and optimizing operational strategies to drive growth and profitability.

M.D.C. Holdings reports robust Q3 earnings amidst market challenges

M.D.C. Holdings (MDC) delivered a strong Q3 performance with improved profitability and operational efficiency, despite challenges from rising mortgage rates and inventory management.
The company's strategic strengths lie in its focus on investing in homebuilding operations, maintaining healthy gross margins, and positioning for future growth.
While facing challenges in demand and inventory management, M.D.C. has opportunities to capitalize on market trends, expand its customer base, and drive sales growth.
Overall, M.D.C. remains optimistic about its future outlook, emphasizing capital allocation, land acquisition, and operational improvements for sustained growth.

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M.D.C. Holdings offers governance, stock and financial information and sec filling services.

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MDC has battened down the hatches to survive a long winter in the housing market. The homebuilder has cash & cash equivalents equal to 1/3rd of its market cap, and its balance sheet is top notch with no senior debt maturing in this decade.

M.D.C. Holdings Is Prepared For A Downturn In The Housing Market

The Citrine and the Zinc  will open this weekend at Seasons at Caterina GALT, Calif. , Nov. 15, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

Richmond American to Debut New Model Homes in Galt

The Pewter and Sunstone open this weekend at Seasons at Mason Trails ROSEVILLE, Calif. , Nov. 14, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

Richmond American Debuts New Model Homes in Roseville

The Moonstone and the Sunstone  will open this weekend at Entrada Del Pueblo SAHUARITA, Ariz. , Nov. 9, 2022 /PRNewswire/ -- Richmond American Homes of Arizona, Inc., a subsidiary of M.D.C.

Richmond American to Debut New Model Homes in Sahuarita

The Verbena and Wintergreen plans will open for tours at Willow Springs Ranch MONUMENT, Colo. , Nov. 7, 2022 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

Richmond American Announces Model Home Debut in Monument

Vegas homebuyers can now lease a solar power system LAS VEGAS , Nov. 4, 2022 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), parent company to the Richmond American Homes companies, is pleased to announce that solar leasing is now available in the Las Vegas area.

Richmond American Expands Solar Leasing to Las Vegas

Bear of the Day: M.D.C. Holdings (MDC)

Bella at Piazza Serena is  set to debut on Saturday, November 5 LA QUINTA, Calif. , Nov. 1, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

Richmond American Announces Grand Opening of New La Quinta Community

Alta and Soltera at McSweeny Farms  are set to debut this Saturday HEMET, Calif., Oct. 31, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

Richmond American Announces Grand Opening of Two Hemet Communities

MDC's third-quarter results reflect slow housing demand and high inflation.

MDC's Earnings Miss Estimates in Q3, Gross Margin Declines

M.D.C. Holdings, Inc. (NYSE:MDC ) Q3 2022 Results Conference Call October 27, 2022 12:30 PM ET Company Participants Derek Kimmerle - Vice President and Corporate Controller Larry Mizel - Executive Chairman David Mandarich - Chief Executive Officer Bob Martin - Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Truman Patterson - Wolfe Research Alan Ratner - Zelman and Associates Alex Barron - Housing Research Center Jay McCanless - Wedbush Securities David Stuehr - Longfellow Investment Operator Good day, and welcome to M.D.C. Holdings Third Quarter 2022 Earnings Conference Call.

M.D.C. Holdings, Inc. (MDC) Q3 2022 Earnings Call Transcript

For example, the recent MDC share price of $31.28 represents a price-to-book ratio of 0.8 and an annual dividend yield of 6.39%

This Stock Has A 6.39% Yield And Sells For Less Than Book

M.D.C. Holdings, Inc. (MDC) delivered earnings and revenue surprises of -11.61% and 2.62%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

M.D.C. Holdings, Inc. (MDC) Q3 Earnings Lag Estimates

DENVER , Oct. 27, 2022 /PRNewswire/ -- M.D.C Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced results for the quarter ended September 30, 2022. "MDC posted strong top line growth in the third quarter of 2022, with home sale revenues increasing 12% year-over-year to $1.4 billion," said MDC's Executive Chairman, Larry A.

M.D.C. HOLDINGS ANNOUNCES THIRD QUARTER 2022 RESULTS

The Dillon and Delaney plans will debut this Saturday at Teton Ranch HERRIMAN, Utah , Oct. 26, 2022 /PRNewswire/ -- Richmond American Homes of Utah, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce the grand opening of the fully-furnished Dillon and Delaney model homes at Teton Ranch (RichmondAmerican.com/TetonRanch) in Herriman.

Richmond American Announces Debut of New Models in Herriman

Seasons at Starview is set to debut on Saturday, October 29 LANCASTER, Calif., Oct. 26, 2022 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

Richmond American Announces Grand Opening of New Lancaster Community

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Demand within the US housing market has effectively “cratered” as mortgage rates surged to their highest level in decades, Raymond James analysts warned in a recent note to clients.

Analysts warn US housing demand ‘cratered' as mortgage rates ‘ensure' recession

Seasons at Broadmoor Heights takes home a total of seven awards RIO RANCHO, N.M. , Oct. 21, 2022 /PRNewswire/ -- Richmond American Homes of New Mexico, Inc., a subsidiary of M.D.C.

Richmond American Community Wins Multiple Awards for the Fall Parade of Homes

Raymond James analysts Buck Horne and Tousley Hyde on Friday downgraded shares of KB Home KBH, -0.60% , Lennar Corp. LEN, -1.26% , M.D.C. Holdings Inc. MDC, +0.31% , PulteGroup Inc. PHM, -1.53% and Toll Brothers Inc. TOL, -1.52% to market perform and cut their rating on D.R.Horton to outperform from strong buy.

Raymond James downgrades homebuilder stocks as 7% mortgage rates 'cripple' housing affordability

Tour the Alexandrite and Lapis plans at Seasons at Platte Place COMMERCE CITY, Colo. , Oct. 19, 2022 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

Richmond American Debuts New Model Homes in Commerce City

Tour the elegant Sunstone and Tourmaline models at Seasons at Calumet JARRELL, Texas , Oct. 17, 2022 /PRNewswire/ -- Richmond American Homes of Texas, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce the grand opening of two new model homes at Seasons at Calumet in Jarrell.

Richmond American Debuts New Model Homes in Jarrell

Homebuyers and agents can tour completed homes at eight area communities WINDSOR, Colo. , Oct. 14, 2022 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

Richmond American Announces Parade of Quick Move-in Homes in Northern Colorado

The Daniela plan at Sage Park will open for tours on October 22 EAGLE MOUNTAIN, Utah , Oct. 13, 2022 /PRNewswire/ -- Richmond American Homes of Utah, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce the grand opening of a brand-new, fully-furnished, two-story Daniela model home at Sage Park (RichmondAmerican.com/SagePark) in Eagle Mountain.

Richmond American Announces Debut of New Model Home in Eagle Mountain

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Dividend-paying stocks tend to attract investors seeking a regular source of income. Although these companies do not grow above industry average, they assure a stable source of income.

News for M.D.C. Holdings Stock (MDC)