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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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Richmond American Homes of California, a subsidiary of M.D.C. Holdings (NYSE: MDC), has launched Seasons at Mason Trails in Roseville, featuring five new floor plans priced from the upper $500s. The community includes ranch-style and two-story homes with 3 to 5 bedrooms, ranging from approximately 1,590 to 2,080 sq. ft. Buyers can customize their homes at the Home Gallery. The community offers amenities like equestrian trails and easy access to downtown Sacramento. Special offers and interest rates below 5% are available.

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Richmond American Homes has announced the opening of Waterford Ranch at Oakleaf in Orange Park, Florida, offering a range of new homes priced from the mid $300s. The community features ranch and two-story plans from the Seasons™ Collection, aiming to make homeownership accessible. Homes range from 3 to 6 bedrooms and 1,590 to 2,600 sq. ft., located near amenities and major roads. Prospective buyers can customize their homes with professional design consultations.

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M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of Seasons at Broadmoor Heights in Rio Rancho, New Mexico. This community features new Seasons™ Collection homes starting from the upper $300s, offering five floor plans with options of 3 to 6 bedrooms and sizes ranging from 1,610 to 2,630 sq. ft. Buyers can customize their homes with design consultants. The location provides access to community parks and is situated within the Rio Rancho Public Schools district.

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M.D.C. Holdings, Inc. (NYSE: MDC) will announce its 2022 second quarter earnings on July 28, 2022, before market opening. A teleconference is scheduled for 12:30 pm ET on the same day, with participation available by calling 844-757-5733. A replay will be accessible until August 4, 2022. The webcast will also be available on MDC's website www.mdcholdings.com. MDC has been a key player in homebuilding since 1972, with operations across numerous metropolitan areas.

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Richmond American Homes, a division of M.D.C. Holdings (NYSE: MDC), announces the opening of the North Vista Highlands community in Pueblo, Colorado, with sales commencing from the Villa Bella Sales Center.

The open house event is scheduled for June 25, 2022, featuring model home tours, complimentary lunch, and a prize drawing. Homes in both communities range from the mid $300s to the $300s, with various floor plans and sizes available. Residents will benefit from nearby amenities, including parks and easy access to I-25.

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Richmond American Homes, a subsidiary of M.D.C. Holdings (NYSE: MDC), is launching three new model homes—Amethyst, Pearl, and Ammolite—at Seasons at Montelena in Rancho Cordova this weekend. These homes are part of the Seasons™ Collection, offering affordable options for various buyers. The models will be available for tours on June 18 and 19, and the homes range from approximately 1,400 to 3,040 sq. ft. Prices start in the $500s. The community boasts proximity to outdoor activities and local amenities.

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M.D.C. Holdings, Inc. announces the opening of two new model homes, Alexandrite and Tourmaline, at Seasons at The Farm in Galt, California. The homes will be available for tours starting June 11-12, 2022. This community offers four versatile floor plans from the Seasons™ Collection, with prices starting in the $500s. Homes range from 1,400 to 2,650 sq. ft. and are designed to attract a range of buyers. Potential homeowners can personalize their homes with the help of professional design consultants. For more information, visit RichmondAmerican.com.

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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
52.20M
30.47%
79.29%
3.33%
Residential Construction
Operative Builders
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United States of America
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