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M.D.C. Holdings, Inc. - MDC STOCK NEWS

Welcome to our dedicated page for M.D.C. Holdings news (Ticker: MDC), a resource for investors and traders seeking the latest updates and insights on M.D.C. Holdings stock.

M.D.C. Holdings, Inc. (NYSE: MDC) is a prominent American homebuilding company founded in 1972. Through its subsidiaries, operating primarily under the name Richmond American Homes, MDC has been dedicated to helping over 240,000 families achieve the American Dream of home ownership. The company's mission is to design and build high-quality, value-driven homes while contributing to the communities they serve.

MDC's operations span across multiple states, including Alabama, Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Washington. This vast geographic footprint allows MDC to cater to a diverse range of homebuyers and market demands.

In addition to homebuilding, MDC's subsidiaries provide a comprehensive suite of related services, including mortgage financing through HomeAmerican Mortgage Corporation, insurance services via American Home Insurance Agency, Inc., and title services through American Home Title and Escrow Company. This integrated approach ensures a seamless homebuying experience.

MDC has made significant strides in sustainability, as highlighted in their 2022 Corporate Sustainability Report. Notably, the company achieved a national average HERS® Index Rating of 49, an indicator of energy efficiency, surpassing their target three years ahead of schedule. This accomplishment reflects MDC's investment in sustainable building practices, such as expanding their solar program, which has saved 141,304 tons in CO2 emissions.

Richmond American Homes has also been recognized for its commitment to health and safety, receiving the Radon Star Award from the U.S. Environmental Protection Agency for its efforts in radon risk reduction. They have been proactively installing active radon control systems in new homes situated in high-radon areas since 2010.

In recent developments, MDC announced a definitive agreement to be acquired by Sekisui House, Ltd., a leading Japanese homebuilder, in a transaction valued at $4.9 billion. This acquisition, expected to close in the first half of 2024, will leverage Sekisui House's advanced technologies to enhance MDC's offerings and expand its market reach.

For more information, visit www.mdcholdings.com.

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M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of two new model homes, the Sunstone and Tourmaline, at Seasons at Calumet in Jarrell, Texas, on October 20, 2022. These homes feature open layouts and designer details aimed at attracting homebuyers. The event will include tours and a prize drawing. The Seasons collection offers homes starting from the mid $300s with various floor plans and close proximity to schools and recreation. Interested buyers can also customize their new homes with professional design consultants.

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Richmond American Homes, a subsidiary of M.D.C. Holdings (NYSE: MDC), is hosting a Parade of Quick Move-in Homes in northern Colorado from October 15 to 23, 2022. This event showcases completed homes across eight communities, ready for immediate closing. Tours will be offered from 10 a.m. to 6 p.m. on weekdays and from 12 to 6 p.m. on Fridays. Attendees can enjoy complimentary refreshments and a chance to win prizes. Richmond American has built over 230,000 homes since 1977 and operates across multiple states.

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M.D.C. Holdings, Inc. (NYSE: MDC) has announced the grand opening of the new Daniela model home at Sage Park in Eagle Mountain, Utah, scheduled for tours starting October 22. This two-story home is part of a community offering five floor plans priced from the upper $500,000s. Attendees can enjoy a complimentary lunch and explore the new model home on the opening day. Sage Park features various amenities and proximity to major areas like Utah Lake and Silicon Slopes.

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M.D.C. Holdings, Inc. (NYSE: MDC) announces the opening of new fully furnished model homes in seven Bay Area communities. The homes, showcased by Richmond American Homes, reflect inviting designs and start from the $500s. Prospective buyers can tour models such as The Paige and The Ammolite, with options to customize their future homes with professional design consultants. With operations in multiple states, MDC aims to enhance its market presence in the Bay Area. Interested parties can call for special offers and more information.

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M.D.C. Holdings, Inc. (NYSE: MDC) will release its 2022 third quarter earnings on October 27, 2022, before market open. A teleconference for the earnings report will take place at 12:30 pm ET that day, with access via 844-757-5733. A replay will be available until October 4, 2022. The company, operating under Richmond American Homes, has built over 230,000 homes since 1977 and is among the largest homebuilders in the U.S., with operations in major metropolitan areas across the country.

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Richmond American Homes, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the grand opening of the Laurel model home at Villages at Arrowhead Park in Payson, Utah. The event is set for October 8, 2022, from 12 to 2 p.m., featuring tours, complimentary lunch, and a pumpkin patch. The community offers new homes starting in the upper $400s with various two-story floor plans, open main-floor layouts, and options for customization. Attendees are encouraged to explore the offerings in this desirable area, close to outdoor recreation and notable universities.

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Richmond American Homes, a subsidiary of M.D.C. Holdings, announces the opening of three new model homes—Moonstone, Pearl, and Peridot—at Seasons at Sierra Vista in Roseville, California, on October 1. This gated community features six floor plans aimed at making homeownership accessible, with prices starting in the mid $500s. The homes offer various layouts, including ranch and two-story designs, and range from 1,590 to 2,630 sq. ft. Prospective buyers can tour the models this weekend, highlighting the company's ongoing commitment to expanding its market presence.

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Richmond American Homes of New Mexico, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the grand opening of two new model homes at Seasons at Broadmoor Heights in Rio Rancho, featuring the Moonstone and Sapphire models. The event, scheduled for September 24-25, 2022, will showcase homes designed with open layouts and luxurious owner's suites.
The Seasons™ Collection offers homes starting in the upper $300s, with a range of 3 to 6 bedrooms and sizes from 1,610 to 2,630 sq. ft., in a community with parks and trails.

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FAQ

What is the current stock price of M.D.C. Holdings (MDC)?

The current stock price of M.D.C. Holdings (MDC) is $62.98 as of April 18, 2024.

What is the market cap of M.D.C. Holdings (MDC)?

The market cap of M.D.C. Holdings (MDC) is approximately 4.7B.

What does M.D.C. Holdings, Inc. do?

M.D.C. Holdings, Inc., through its subsidiaries operating under the name Richmond American Homes, builds and sells high-quality, value-driven homes across multiple U.S. states.

How many homes has M.D.C. Holdings, Inc. built?

Since its inception, MDC has helped over 240,000 families achieve homeownership.

What services does M.D.C. Holdings, Inc. provide?

In addition to homebuilding, MDC offers mortgage financing, insurance, and title services through its subsidiaries: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc., and American Home Title and Escrow Company.

What are some recent achievements of M.D.C. Holdings, Inc.?

MDC achieved a National Average HERS® Index Rating of 49, surpassing their goal for energy efficiency. They also received the Radon Star Award from the U.S. EPA for radon risk reduction efforts.

What is the significance of MDC’s acquisition by Sekisui House?

The acquisition by Sekisui House, valued at $4.9 billion, will bring advanced technologies and practices to MDC, enhancing their market position and homebuilding quality.

What areas does Richmond American Homes operate in?

Richmond American Homes operates in 16 states including Alabama, Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Washington.

When was M.D.C. Holdings, Inc. founded?

M.D.C. Holdings, Inc. was founded in 1972.

How can I get more information about M.D.C. Holdings, Inc.?

For more information, visit their official website at www.mdcholdings.com.

What stock exchange is M.D.C. Holdings, Inc. listed on?

M.D.C. Holdings, Inc. is listed on the New York Stock Exchange under the symbol 'MDC'.

What is the focus of MDC's latest sustainability efforts?

MDC is focused on improving energy efficiency and reducing environmental impact, as evidenced by their HERS rating achievement and expansion of their solar program.

M.D.C. Holdings, Inc.

NYSE:MDC

MDC Rankings

MDC Stock Data

4.73B
75.05M
30.47%
79.29%
3.33%
Residential Construction
Operative Builders
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United States of America
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