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) announced a quarterly cash dividend of $0.50 per share, which will be paid on February 22, 2023, to shareholders of record by February 8, 2023. This action reflects the company’s ongoing commitment to returning value to its shareholders. M.D.C. Holdings is recognized as one of the largest homebuilders in the U.S., with operations spanning major metropolitan areas.
M.D.C. Holdings announces the opening of Seasons at Marietta Cove in Jacksonville, Florida, featuring five new floor plans from the Seasons™ Collection. Prices start from the $200s, offering up to 5 bedrooms and approximately 2,160 sq. ft. Homes include open layouts and designer finishes. The community is strategically located near downtown and major highways, with access to shopping, parks, and recreational areas. Buyers can also design their homes with a professional consultant. For more details, visit RichmondAmerican.com.
M.D.C. Holdings, Inc. (NYSE: MDC) will release its 2022 fourth quarter earnings on January 31, 2023, before market opening. A teleconference is scheduled for 12:30 pm ET the same day, accessible at 844-757-5733. A replay will be available until February 7, 2023. The teleconference can also be viewed live via webcast on www.mdcholdings.com. Founded in 1972, MDC has built over 230,000 homes in the U.S., focusing on customer satisfaction and quality.
M.D.C. Holdings, Inc. (NYSE: MDC) has expanded its Board of Directors from ten to eleven members by appointing Rafay Farooqui as a Class II Director. Farooqui, the founder and CEO of +SUBSCRIBE, brings extensive fintech experience, having previously co-founded CAIS and held leadership roles at UBS and Goldman Sachs. The Board believes Farooqui's diverse expertise will provide valuable insights, enhancing the company's governance. He is also nominated for election at the 2023 Annual Meeting of Shareholders.
M.D.C. Holdings, Inc. (NYSE: MDC), via its subsidiary Richmond American Homes, has acquired 51 homesites in Lake Alfred, Florida, to develop a new phase of the Seasons at Eden Hills community. This phase will feature seven floor plans, designed to cater to diverse buyers seeking affordable options. An additional 50 homesites are expected next summer. The community will include modern amenities and is ideally located for commuters to Tampa and Orlando.
M.D.C. Holdings, Inc. announces the grand opening of two new model homes, the Darius and Harmon, at Vista Pines in Castle Rock, Colorado, on December 3, 2022. These homes feature appealing layouts and designer details, catering to current homebuyer preferences. The community offers new homes starting from the low $800s, with various floor plans ranging from 2,870 to 4,450 sq. ft. Additionally, prospective buyers can customize their home with design consultants. This event includes complimentary lunch and a chance to win prizes, enhancing community engagement.
Richmond American Homes, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the grand opening of two new model homes, Citrine and Zinc, at Seasons at Caterina in Galt, California, on November 19, 2022. These models will feature modern layouts to accommodate diverse buyers, with options for 3 to 5 bedrooms and up to 2,380 sq. ft. Tours are available November 19-20 from 10 a.m. to 5 p.m. Prospective buyers can customize their homes with professional design consultations. The community is conveniently located near key amenities and offers various floor plans.
Richmond American Homes of California, a subsidiary of M.D.C. Holdings (NYSE: MDC), is set to unveil two new model homes, the Pewter and Sunstone, at Seasons at Mason Trails in Roseville, California, on November 19 and 20, 2022. The community features five single-story floor plans, priced from the upper $500s, offering 2 to 6 bedrooms and ranging from approximately 1,590 to 2,080 sq. ft. Homebuyers will have access to professional design consultants for customization. The location offers convenient access to shopping, parks, and major transport routes.
M.D.C. Holdings, Inc. (NYSE: MDC) announced the opening of two new model homes, the Moonstone and Sunstone, at Entrada Del Pueblo in Sahuarita, Arizona on November 12, 2022. These homes are part of the Seasons™ Collection designed to make homeownership accessible. Tours will be held from 11 a.m. to 3 p.m., featuring complimentary food and a prize giveaway. The new site offers homes starting in the low $300s, with a variety of floor plans and community amenities including a pool and fitness center.
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