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M d c Holdings Inc   (MDC)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 
Price: $62.6200 $-0.12 -0.191%
Day's High: $62.81 Week Perf: -0.1 %
Day's Low: $ 62.62 30 Day Perf: 0.66 %
Volume (M): 4,609 52 Wk High: $ 63.00
Volume (M$): $ 288,584 52 Wk Avg: $47.37
Open: $62.70 52 Wk Low: $36.47



 Market Capitalization (Millions $) 4,747
 Shares Outstanding (Millions) 76
 Employees -
 Revenues (TTM) (Millions $) 4,520
 Net Income (TTM) (Millions $) 401
 Cash Flow (TTM) (Millions $) 926
 Capital Exp. (TTM) (Millions $) 43

M D C Holdings Inc

We have two primary operations, homebuilding and financial services. Our 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.” Our homebuilding operations are comprised of various homebuilding divisions that we consider to be our operating segments. For financial reporting, we have aggregated our homebuilding operating segments into reportable segments as follows: (1) West (includes operating segments located in Arizona, California, Nevada and Washington); (2) Mountain (includes operating segments located in Colorado and Utah); and (3) East (includes operating segments located in Virginia, Florida and Maryland, which includes Pennsylvania, and New Jersey).

Our financial services operations primarily consist of (1) HomeAmerican Mortgage Corporation (“HomeAmerican”), which originates mortgage loans primarily for our homebuyers, (2) Allegiant Insurance Company, Inc., A Risk Retention Group (“Allegiant”), which provides insurance coverage primarily to our homebuilding subsidiaries and most of our subcontractors for homes sold by our homebuilding subsidiaries and for work performed in completed subdivisions, (3) StarAmerican Insurance Ltd., which is a re-insurer on Allegiant claims, (4) American Home Insurance Agency, Inc., which offers third-party insurance products to our homebuyers and (5) American Home Title and Escrow Company, which provides title agency services to our homebuilding subsidiaries and our customers in certain states. For financial reporting, we have aggregated our financial services operating segments into reportable segments as follows: (1) mortgage operations (represents HomeAmerican only) and (2) other (all remaining operating segments).

Our business consists of two primary operations, homebuilding and financial services. Our homebuilding subsidiaries build and sell primarily single-family detached homes that are designed and built to meet local customer preferences. Each homebuilding subsidiary is the general contractor for its projects and retains subcontractors for land development and home construction. Our homebuilding subsidiaries build a variety of home styles in each of their markets, targeting primarily first-time and first-time move-up homebuyers.

 



   Company Address: 4350 South Monaco Street, Suite 500 Denver 80237 CO
   Company Phone Number: 773-1100   Stock Exchange / Ticker: NYSE MDC
   


Customers Net Income fell by MDC's Customers Net Profit Margin fell to

-43.78 %

11.27 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DHI   -2.01%    
KBH   -3.32%    
LEN   -5.64%    
MHO   -3.38%    
NVR   -0.78%    
TPH        0.53% 
• View Complete Report
   



M D C Holdings Inc

M.D.C. Holdings Inc. reports mixed financial results for fiscal year 2023; profit and income soar, but revenue falls short

tion
M.D.C. Holdings Inc. (NYSE: MDC), a leading Construction Services company, recently released its financial results for the fiscal year 2023, revealing a mixture of positive and negative trends. While the company's profit per share and income increased, revenue experienced a significant decline. Additionally, M.D.C. Holdings Inc. announced the grand opening of an impressive model home, showcasing its commitment to excellence.
Financial Performance
For the fiscal year 2023, M.D.C. Holdings Inc. witnessed a 37.46% increase in profit per share, from $1.09 to $1.50. This improvement in profitability was also reflected in the net earnings, which rose by 49.8% to $119.507 million, compared to $79.776 million in the previous fiscal year.

Products & Services

Richmond American Homes of Virginia Unveils Luxurious Hemingway Model Home at Harpers Mill Amidst Strong Financial Performance

Published Mon, Jan 22 2024 11:25 PM UTC

Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C. Holdings, Inc., recently announced the grand opening of the highly anticipated Hemingway model home at Harpers Mill in Chesterfield, Virginia. This new development showcases the company's commitment to providing elegant and quality homes to the community.The Hemingway model home is a true testament to Richmond...

Dividend

?Booster for Shareholders As M.D.C. Holdings Announces Quarterly Cash Dividend?

Published Wed, Jan 17 2024 11:16 PM UTC


DENVER, CO - In a welcome update for shareholders, M.D.C. Holdings, Inc. (NYSE: MDC), a premier player in homebuilding in the US, proclaimed that its board of directors has authorized a quarterly cash dividend of fifty-five cents ($0.55) per share on the firm's common stock. This announcement certainly bodes well for investors, reinforcing MDC's commitment to providing ...

M D C Holdings Inc

MDC Holdings Inc Faces Sharp Decline in Earnings per Share, Threatening Company's Future Prosperity



MDC Holdings Inc, a leading US home construction and real estate company, recently reported its financial results for the most recent fiscal period. The figures indicate a significant decline in income per share, revenue, and earnings, accompanied by a decrease in profitability margins. This article will delve into the specifics of the financial results and analyze the implications for the company's future performance.
1. Income per Share:
MDC's income per share dropped by -29.29% from $1.98 per share in the previous year to $1.40 per share. However, there was an increase of 12.9% from the prior quarter's $1.24 per share. This decline in income per share raises concerns about the company's ability to maintain profitability and shareholder returns.

M D C Holdings Inc

Revenues Dwindle but Optimism Shines Through as M D C Holdings Inc Navigates Tough Fiscal Quarter

Financial News Report:
MDC Holdings Inc, a leading Construction Services company, reported its financial results for the second quarter of 2023. The company's earnings per share (EPS) plummeted by -52.12% to $1.24 per share compared to $2.59 per share in the same period last year. However, there was a 14.81% increase in EPS from the previous reporting period when it stood at $1.08 per share.
The revenue for the second quarter of 2023 also took a hit, declining by -23.942% to $1.10 billion from $1.45 billion in the same reporting period a year before. Sequentially, the revenue showed improvement, advancing by 8.182% from $1.02 billion. It is worth noting that the rest of the Construction Services sector recorded top-line growth in the second quarter.






 

M D C Holdings Inc's Segments
 
 
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