M.D.C. Holdings, Inc. (NYSE: MDC) is 13.81% higher on its value in year-to-date trading and has touched a low of $36.47 and a high of $63.00 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 $62.91 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $62.88, the stock is 0.02% and 0.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.44 million and changing -0.05% at the moment leaves the stock 23.06% off its SMA200. MDC registered 66.66% gain for a year compared to 6-month gain of 62.27%.
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The stock witnessed a 0.22% loss in the last 1 month and extending the period to 3 months gives it a 16.57%, and is -0.05% 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 0.13% over the week and 0.15% over the month.
M.D.C. Holdings, Inc. (MDC) has around 1760 employees, a market worth around $4.72B and $4.65B in sales. Current P/E ratio is 11.90 and Fwd P/E is 10.82. Profit margin for the company is 8.57%. Distance from 52-week low is 72.42% and -0.19% from its 52-week high. The company has generated returns on investments over the last 12 months (8.16%).
The EPS is expected to shrink by -1.42% this year.
M.D.C. Holdings, Inc. (MDC) Top Institutional Holders
The shares outstanding are 74.66M, and float is at 62.56M with Short Float at 4.00%.
M.D.C. Holdings, Inc. (MDC) Insider Activity
The most recent transaction is an insider sale by BLACKFORD DAVID E,the company’sDirector. SEC filings show that BLACKFORD DAVID E sold 6,200 shares of the company’s common stock on Mar 11 ’24 at a price of $62.69 per share for a total of $0.39 million. Following the sale, the insider now owns 13534.0 shares.
M.D.C. Holdings, Inc. disclosed in a document filed with the SEC on Sep 01 ’23 that BLACKFORD DAVID E (Director) sold a total of 2,771 shares of the company’s common stock. The trade occurred on Sep 01 ’23 and was made at $48.04 per share for $0.13 million. Following the transaction, the insider now directly holds 19734.0 shares of the MDC stock.
Still, SEC filings show that on Jul 31 ’23, REECE PARIS G III (Director) disposed off 15,000 shares at an average price of $50.88 for $0.76 million. The insider now directly holds 0 shares of M.D.C. Holdings, Inc. (MDC).
