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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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.

Tour three inspired model homes at Creekside Village on June 17 THORNTON, Colo. , June 13, 2023 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

Richmond American Announces Grand Opening in Thornton

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Tour the Decker and Bronze models at Elmwood Farm WILLIAMSPORT, Md. , June 12, 2023 /PRNewswire/ -- Richmond American Homes of Maryland, Inc., a subsidiary of M.D.C.

Richmond American Announces Model Home Debut in Williamsport

Tour the Hopewell model at South Haven this Saturday MURFREESBORO, Tenn. , June 12, 2023 /PRNewswire/ -- Richmond American Homes of Tennessee, Inc., a subsidiary of M.D.C.

Richmond American Announces Model Home Debut in Murfreesboro

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The broader Zacks Construction sector is very attractive at the moment boasting 20 stocks that currently sport a Zacks Rank #1 (Strong Buy). One of the standout industries in the space is the Building Products-Home Builders Industry which is currently in Zacks top 2%.

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Seasons at Park Trace offers inspired paired floor plans and a desirable location JACKSONVILLE, Fla. , May 30, 2023 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.

New Richmond American Community Opens for Sales in Jacksonville

Despite initial concerns, M.D.C. Holdings, Inc. experienced a smaller drop in orders than anticipated, with a notable improvement in market conditions during Q1 2023. Cancellation rates also showed significant improvement.

M.D.C. Holdings: Trends Are Turning, But Better To Wait And See

Seasons at Mabel Place will offer several exciting single- and two-story floor plans LAKE WALES, Fla. , May 25, 2023 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C.

Richmond American Set to Build New Polk County Community

M.D.C. Holdings, Inc. (MDC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Despite Fast-paced Momentum, M.D.C. Holdings, Inc. (MDC) Is Still a Bargain Stock

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Stocks like MDC, DHI and TMHC appear to be benefiting from solid prospects in the housing market.

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Does M.D.C. Holdings, Inc. (MDC) have what it takes to be a top stock pick for momentum investors?

Are You Looking for a Top Momentum Pick? Why M.D.C.

DENVER , May 5, 2023 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced that it is scheduled to present at the J.P.

M.D.C. HOLDINGS' PRESENTATION AT THE J.P. MORGAN HOMEBUILDING AND BUILDING PRODUCTS CONFERENCE TO BE WEBCAST LIVE

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, M.D.C. Holdings, Inc. (MDC) could be a great choice.

M.D.C. Holdings, Inc. (MDC) Is Attractively Priced Despite Fast-paced Momentum

Homebuilder M.D.C. Holdings reports expertise accumulated from 1972 and a large list of home deliveries all over the country. I think that further expansion into new territories could bring a lot of revenue growth and perhaps some economies of scale.

M.D.C. Holdings: Optimistic Guidance And New Areas Could Imply Stock Upside

The ranch-style Decker plan will open for tours on Saturday at Parkside BRENTWOOD, Calif. , May 3, 2023 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

Richmond American Debuts New Model Home in Brentwood

MDC's first-quarter results reflect improving mortgage rates and a low unemployment rate amid industry headwinds.

MDC's Q1 Earnings & Revenues Beat Estimates, Orders Decline

M.D.C. Holdings, Inc. (NYSE:MDC ) Q1 2023 Earnings Conference Call May 2, 2023 12:30 PM ET Company Participants Derek Kimmerle - VP & Chief Accounting Officer Larry Mizel - Executive Chairman David Mandarich - CEO Bob Martin - CFO Conference Call Participants Truman Patterson - Wolf Research Alan Ratner - Zelman and Associates Buck Horne - Raymond James & Associates Alex Barron - Housing Research Center Operator Good day, and welcome to M.D.C. Holdings 2023 First Quarter Earnings Conference Call.

M.D.C. Holdings, Inc. (MDC) Q1 2023 Earnings Call Transcript

M.D.C. Holdings, Inc. (MDC) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $2.02 per share a year ago.

M.D.C. Holdings, Inc. (MDC) Surpasses Q1 Earnings and Revenue Estimates

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DENVER , May 2, 2023 /PRNewswire/ -- M.D.C Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced results for the quarter ended March 31, 2023. "2023 is off to a great start," said MDC's Executive Chairman, Larry A.

M.D.C. HOLDINGS ANNOUNCES FIRST QUARTER 2023 RESULTS

Tour four versatile floor plans at Crossway at Second Creek on May 6 COMMERCE CITY, Colo. , May 1, 2023 /PRNewswire/ -- Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C.

Richmond American Announces Model Grand Opening in Commerce City

Torrin at Valencia is  set to debut this Saturday VALENCIA, Calif. , April 24, 2023 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C.

Richmond American Announces Grand Opening of New Valencia Community

Explore the builder's first model homes in the Huntsville area this weekend HAZEL GREEN, Ala. , April 24, 2023 /PRNewswire/ -- Richmond American Homes of Tennessee, Inc., a subsidiary of M.D.C.

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