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.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the launch of Black Ridge Cove in St. George, Utah, marking its entry into the Southern Utah housing market. This community features two versatile floor plans priced from the low $700s, offering three-bedroom options with up to 2,400 sq. ft. and modern amenities including a community pool and playground. Located near Zion National Park and within the Washington County School District, Black Ridge Cove opens opportunities for homebuyers to customize their homes with design consultants.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of the Lapis model home at Seasons at Warm Spring Ridge in Chambersburg, PA, on April 16-17. This two-story model features 9' ceilings, quartz countertops, and a covered patio. The community offers six additional floor plans starting from the $300s, with options for ranch and two-story homes. Prospective buyers can personalize their homes with design consultants. This marks Richmond American's first community in Chambersburg, enhancing its footprint with homes ranging from 1,790 to 2,520 sq. ft.
Richmond American Homes of Virginia, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the grand opening of its new Hemingway model home at Harrison Village in Fredericksburg, VA, on April 9-10, 2022. The 2-story model features 9' ceilings, quartz countertops, stainless-steel appliances, and hardwood flooring. Homebuyers can explore various floor plans, starting from the mid $500s, with options ranging from 3 to 7 bedrooms. The community offers convenient access to major commuting routes and local amenities.
M.D.C. Holdings, Inc. (NYSE: MDC) will release its 2022 first quarter earnings on April 28, 2022, before market opening. The company will host a teleconference at 12:30 pm ET to discuss the results, and a replay will be available until May 5, 2022. Investors can access the live teleconference by calling 844-757-5733. The company's homebuilding subsidiaries, under Richmond American Homes, have successfully built and financed over 220,000 homes since 1977, with operations across multiple key U.S. metropolitan areas.
M.D.C. Holdings' subsidiary, Richmond American Homes, has closed on land for 80 homesites in Mascotte, Florida, marking expansion in Lake County. The new community, Seasons at The Grove, will offer six ranch and two-story floor plans designed for first-time buyers and those looking to downsize. The homes will vary between 1,720 to 3,040 square feet, with custom design consultations available. Conveniently located near schools and downtown Orlando, the project is expected to enhance MDC's portfolio and appeal to a broad range of buyers.
M.D.C. Holdings, Inc. (NYSE: MDC) is set to present at the Raymond James 43rd Annual Institutional Investors Conference today, March 7, 2022, at 4:35 p.m. ET. The presentation will be available via live webcast on their website. Founded in 1972, M.D.C. Holdings operates under the name Richmond American Homes and has helped over 220,000 homebuyers realize their dreams. They are one of the largest homebuilders in the U.S., offering services in various metropolitan areas, and also provide mortgage financing and insurance through their subsidiaries.
M.D.C. Holdings' subsidiary, Richmond American Homes of Texas, is set to open its new community, Seasons at Carillon, on March 5 at 10 a.m.. Located in Manor, just 20 miles from downtown Austin, the community features six floor plans from the Seasons™ Collection starting from the lower $400s. The homes offer flexible options with 2 to 6 bedrooms and range from approximately 1,560 to 2,950 sq. ft. Prospective buyers can visit the sales center for more information and design options.
FAQ
What is the current stock price of M.D.C. Holdings (MDC)?
What is the market cap of M.D.C. Holdings (MDC)?
What does M.D.C. Holdings, Inc. do?
How many homes has M.D.C. Holdings, Inc. built?
What services does M.D.C. Holdings, Inc. provide?
What are some recent achievements of M.D.C. Holdings, Inc.?
What is the significance of MDC’s acquisition by Sekisui House?
What areas does Richmond American Homes operate in?
When was M.D.C. Holdings, Inc. founded?
How can I get more information about M.D.C. Holdings, Inc.?
What stock exchange is M.D.C. Holdings, Inc. listed on?
What is the focus of MDC's latest sustainability efforts?
