Media headlines about M.D.C. Holdings (NYSE:MDC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. M.D.C. Holdings earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 45.4438298839031 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
- M.D.C. Holdings, Inc. (MDC) Scheduled to Post Quarterly Earnings on Monday (americanbankingnews.com)
- Is M.D.C. Holdings (MDC) a Great Stock for Value Investors? (finance.yahoo.com)
- New Phoenix Community Offers Homes With RV Garages (finance.yahoo.com)
- Richmond American Debuts Two Exciting New Communities in Douglas County (finance.yahoo.com)
- M.D.C. Holdings, Inc. (MDC) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
M.D.C. Holdings (NYSE:MDC) traded up 0.19% during mid-day trading on Monday, reaching $36.41. 117,484 shares of the company were exchanged. M.D.C. Holdings has a 1-year low of $21.25 and a 1-year high of $36.96. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 15.43 and a beta of 1.34. The company has a 50 day moving average of $33.24 and a 200-day moving average of $33.38.
M.D.C. Holdings (NYSE:MDC) last posted its earnings results on Tuesday, August 1st. The construction company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. The company had revenue of $648.97 million for the quarter, compared to analyst estimates of $623.95 million. M.D.C. Holdings had a net margin of 4.76% and a return on equity of 9.25%. M.D.C. Holdings’s revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.55 EPS. On average, equities research analysts forecast that M.D.C. Holdings will post $2.67 EPS for the current year.
Several analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of M.D.C. Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. KeyCorp restated a “hold” rating on shares of M.D.C. Holdings in a research report on Tuesday, September 26th. BidaskClub cut shares of M.D.C. Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Wells Fargo & Company upgraded shares of M.D.C. Holdings from an “underperform” rating to a “market perform” rating and set a $30.00 target price on the stock in a research report on Wednesday, August 30th. They noted that the move was a valuation call. Finally, Bank of America Corporation restated an “underperform” rating and set a $27.00 target price (up from $24.00) on shares of M.D.C. Holdings in a research report on Wednesday, June 28th. Three analysts have rated the stock with a sell rating and six have given a hold rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $29.00.
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In other M.D.C. Holdings news, Director David E. Blackford sold 26,250 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $36.11, for a total value of $947,887.50. Following the transaction, the director now directly owns 40,928 shares in the company, valued at approximately $1,477,910.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 25.30% of the company’s stock.
M.D.C. Holdings Company Profile
M.DC Holdings, Inc is engaged in two primary operations, including homebuilding and financial services. The Company’s segments include West, including segments located in Arizona, California, Nevada and Washington; Mountain, including segments located in Colorado and Utah; East, including segments located in Virginia, Florida and Maryland, which includes Pennsylvania and New Jersey; mortgage operations, including HomeAmerican Mortgage Corporation, and Other, which includes Allegiant Insurance Company, Inc, StarAmerican Insurance Ltd., American Home Insurance Agency, Inc and American Home Title and Escrow Company.
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