M.D.C. Holdings Inc. (NYSE: MDC) is 14.37% higher on its value in year-to-date trading and has touched a low of $27.04 and a high of $43.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MDC stock was last observed hovering at around $36.41 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $36.14, the stock is -1.84% and -1.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing -0.74% at the moment leaves the stock 8.16% off its SMA200. MDC registered -11.31% loss for a year compared to 6-month gain of 21.77%.
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The stock witnessed a -7.50% loss in the last 1 month and extending the period to 3 months gives it a 11.72%, and is -1.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.25% over the week and 2.59% over the month.
M.D.C. Holdings Inc. (MDC) has around 1643 employees, a market worth around $2.70B and $5.72B in sales. Current P/E ratio is 4.71 and Fwd P/E is 11.94. Profit margin for the company is 9.80%. Distance from 52-week low is 33.65% and -17.64% from its 52-week high. The company has generated returns on investments over the last 12 months (12.30%).
M.D.C. Holdings Inc. (MDC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for M.D.C. Holdings Inc. (MDC) is a “Hold”. 6 analysts offering their recommendations for the stock have an average rating of 3.00, where 4 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -2.10% this year
M.D.C. Holdings Inc. (MDC) Top Institutional Holders
The shares outstanding are 71.65M, and float is at 56.45M with Short Float at 4.81%.
M.D.C. Holdings Inc. (MDC) Insider Activity
A total of 22 insider transactions have happened at M.D.C. Holdings Inc. (MDC) in the last six months, with sales accounting for 16 and purchases happening 6 times. The most recent transaction is an insider sale by BUCHWALD HERBERT T, the company’s Director. SEC filings show that BUCHWALD HERBERT T sold 8,349 shares of the company’s common stock on Mar 08 at a price of $36.20 per share for a total of $0.3 million. Following the sale, the insider now owns 0.0 shares.
M.D.C. Holdings Inc. disclosed in a document filed with the SEC on Mar 06 that BLACKFORD DAVID E (Director) sold a total of 4,500 shares of the company’s common stock. The trade occurred on Mar 06 and was made at $36.67 per share for $0.17 million. Following the transaction, the insider now directly holds 20587.0 shares of the MDC stock.
Still, SEC filings show that on Mar 03, Siegel David (Director) disposed off 4,580 shares at an average price of $37.22 for $0.17 million. The insider now directly holds 3,759 shares of M.D.C. Holdings Inc. (MDC).
M.D.C. Holdings Inc. (MDC): Who are the competitors?
The company’s main competitors (and peers) include M/I Homes Inc. (MHO) that is trading 21.15% up over the past 12 months and PulteGroup Inc. (PHM) that is 23.41% higher over the same period. D.R. Horton Inc. (DHI) is 24.42% up on the 1-year trading charts.
