Last $26.33 USD
Change Today -0.03 / -0.11%
Volume 618.4K
MDC On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

mdc holdings inc (MDC) Snapshot

Open
$26.34
Previous Close
$26.36
Day High
$26.44
Day Low
$25.94
52 Week High
12/30/13 - $32.68
52 Week Low
10/13/14 - $23.67
Market Cap
1.3B
Average Volume 10 Days
1.0M
EPS TTM
$2.15
Shares Outstanding
48.8M
EX-Date
11/3/14
P/E TM
12.3x
Dividend
$1.00
Dividend Yield
2.85%
Current Stock Chart for MDC HOLDINGS INC (MDC)

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mdc holdings inc (MDC) Details

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States. Its homebuilding business activities include the purchase of finished lots or development of lots for the construction and sale of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company’s financial services business activities comprise the origination of mortgage loans primarily for homebuyers; provision of third-party insurance products to homebuyers; and title agency services to homebuyers in Colorado, Florida, Maryland, Nevada, and Virginia. It also provides insurance coverage on homes sold and for work performed in completed subdivisions; and re-insures the claims. M.D.C. Holdings, Inc. was founded in 1972 and is based in Denver, Colorado.

1,111 Employees
Last Reported Date: 02/5/14
Founded in 1972

mdc holdings inc (MDC) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $1.0M
President, Chief Operating Officer and Direct...
Total Annual Compensation: $830.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $750.0K
Senior Vice President and General Counsel
Total Annual Compensation: $753.3K
Compensation as of Fiscal Year 2013.

mdc holdings inc (MDC) Key Developments

MDC Holdings Inc. Declares Quarterly Cash Dividend, Payable on November 19, 2014

MDC Holdings Inc. announced that its board of directors has declared a quarterly cash dividend of twenty-five cents $0.25 per share on the company's common stock. The dividend will be paid on November 19, 2014 to shareowners of record on November 5, 2014.

MDC Holdings Inc. Announces Optional Redemption of All Outstanding 5.375% Senior Notes Due July 2015

MDC Holdings Inc. announced that it will redeem all of its outstanding 5.375% Senior Notes due July 2015, which total $250.0 million, on October 27, 2014. The 2015 Notes will be redeemed pursuant to their optional redemption provisions at a redemption price that will include a premium based on the present value of the remaining scheduled payments on the 2015 Notes as described in the indenture, together with accrued and unpaid interest on the Notes to the redemption date of October 27, 2014. The redemption will be funded from the company's available cash balances. U.S. Bank National Association is the trustee and paying agent with respect to the 2015 Notes.

MDC Holdings Inc. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

MDC Holdings Inc. reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total home and land sale revenues of $431,261,000 against $402,134,000 a year ago. Homebuilding pretax income was $27,449,000 against $29,789,000 a year ago. Financial services pretax income was $6,577,000 against $8,223,000 a year ago. Income before income taxes was $34,026,000 against $38,012,000 a year ago. Net income was $21,542,000 against $224,909,000 a year ago. Basic and diluted earnings per share were $0.44 against diluted earnings per share of $4.55 a year ago. Net cash from operating activities were $24,881,000 against net cash used in operating activities of $90,825,000 a year ago. Purchases of property and equipment were $809,000 against $72,000 a year ago. For the six months, the company reported total home and land sale revenues of $749,795,000 against $733,882,000 a year ago. Homebuilding pretax income was $41,002,000 against $44,636,000 a year ago. Financial services pretax income was $11,664,000 against $15,962,000 a year ago. Income before income taxes was $52,666,000 against $60,598,000 a year ago. Net income was $33,046,000 against $247,425,000 a year ago. Diluted earnings per share were $0.67 against $5.01 a year ago. Net cash used in operating activities were $96,272,000 against $146,243,000 a year ago. Purchases of property and equipment were $1,354,000 against $998,000 a year ago.

 

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MDC Competitors

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Company Last Change
Beazer Homes USA Inc $18.09 USD 0.00
Hovnanian Enterprises Inc $3.86 USD +0.06
KB Home $16.43 USD +0.16
Meritage Homes Corp $37.90 USD +0.08
Ryland Group Inc/The $35.97 USD +0.19
View Industry Companies
 

Industry Analysis

MDC

Industry Average

Valuation MDC Industry Range
Price/Earnings 13.2x
Price/Sales 0.8x
Price/Book 1.1x
Price/Cash Flow 12.9x
TEV/Sales NM Not Meaningful
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