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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.

News

Richmond American Announces Grand Opening in Elizabeth

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Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), announces the grand opening of the ranch-style Arlington model home at Independence in Elizabeth. The neighborhood offers single- and two-story floor plans with designer details. Prospective buyers can tour the model on April 20 and participate in a prize drawing.
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Richmond American Announces Grand Opening of New Apollo Beach Community

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Richmond American Homes of Florida, a subsidiary of M.D.C. Holdings, is launching Waterset in Apollo Beach, offering affordable single- and two-story homes. The community features elegant primary suites, designer finishes, and community tours on April 20.
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Richmond American Announces Grand Opening in Monument

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Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), announces a Grand Opening event at Jackson Creek in Monument, offering single- and two-story floor plans with designer details. Prospective homebuyers can tour the Hemingway model, enjoy complimentary lunch, and enter a prize drawing.
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Richmond American Set to Build New Neighborhood in Volusia County

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Richmond American Homes of Florida, a subsidiary of M.D.C. Holdings, Inc., has acquired 70 homesites in DeLand to expand the Grandview Gardens neighborhood in Volusia County. The new homes will offer open layouts and designer details, featuring five single- and two-story floor plans from the Seasons™ Collection. Additionally, two plans will include the UltraGarage® for extra vehicle storage.
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M.D.C. Holdings Stockholders Approve Transaction with Sekisui House

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M.D.C. Holdings, Inc. (MDC) announced stockholder approval of the merger agreement with Sekisui House, Stockholders will receive US$63.00 per share in cash. The transaction is expected to close in Q2 2024, pending customary conditions.
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Richmond American Announces Grand Opening in Locust Grove

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Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), announces the Grand Opening of Wilderness Shores, a new community in Locust Grove. The event offers home tours, refreshments, and designer homes near Fredericksburg.
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Richmond American Set to Build Homes in New Lake County Community

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Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc., has contracted on 101 future homesites in Umatilla, with 15 already closed, to create Magnolia Pointe, a new community. The homes will offer nine floor plans from the Seasons™ Collection, making homeownership accessible with elegant features and designer finishes.
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Richmond American Announces Grand Opening in Fredericksburg

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Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C. Holdings, Inc., introduces the new Presley model home at White Oak Reserve in Fredericksburg. The neighborhood offers ranch and two-story homes with versatile floor plans and designer details. A Grand Opening Event is scheduled for February 17, inviting homebuyers and agents to tour the model and enjoy refreshments.
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Richmond American Announces VIP Preview Event in Huntsville

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MDC Holdings, Inc. (NYSE: MDC) announces the grand opening of Seasons at Grand Hollow, a new community in Huntsville. The community offers ranch and two-story floor plans from the builder's popular Seasons™ Collection, designed to make homeownership more attainable for a variety of buyers. Prospective homebuyers and area agents are invited to a VIP Preview Event from February 14 – 16 to tour the model home and explore available homes for quick move-in.
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Richmond American Announces its Debut Middleton Community

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Richmond American Homes of Idaho, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), has announced the opening of Seasons at Stonehaven in Middleton. The new neighborhood offers single and two-story floor plans from the builder's Seasons™ Collection, aiming to make homeownership more attainable for buyers.
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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.

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M.D.C. Holdings, Inc.

NYSE:MDC

MDC Rankings

#1334 Ranked by Market Cap
#881 Ranked by Dividends

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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