News coverage about M.D.C. (NYSE:MDC) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. M.D.C. earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 47.4693318587774 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
MDC has been the topic of several analyst reports. KeyCorp reissued a “hold” rating on shares of M.D.C. in a report on Tuesday, September 26th. UBS lowered their price target on shares of M.D.C. from $34.00 to $32.00 and set a “sell” rating on the stock in a report on Monday, November 6th. Zacks Investment Research upgraded shares of M.D.C. from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Wells Fargo & Company upgraded shares of M.D.C. from an “underperform” rating to a “market perform” rating and set a $30.00 price target on the stock in a research report on Wednesday, August 30th. They noted that the move was a valuation call. Finally, BidaskClub downgraded shares of M.D.C. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $30.33.
Shares of M.D.C. (MDC) opened at $31.74 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 9.45 and a quick ratio of 2.60. The company has a market capitalization of $1,781.13, a PE ratio of 11.39, a PEG ratio of 1.05 and a beta of 1.35. M.D.C. has a 52 week low of $25.55 and a 52 week high of $37.45.
M.D.C. (NYSE:MDC) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.55. The firm had revenue of $586.30 million during the quarter, compared to the consensus estimate of $595.05 million. M.D.C. had a return on equity of 11.66% and a net margin of 6.09%. The business’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 EPS. sell-side analysts predict that M.D.C. will post 2.53 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend was Tuesday, November 7th. M.D.C.’s dividend payout ratio is 33.37%.
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M.D.C. Company Profile
M.DC Holdings, Inc is engaged in two primary operations, including homebuilding and financial services. The Company’s segments include West, including segments located in Arizona, California, Nevada and Washington; Mountain, including segments located in Colorado and Utah; East, including segments located in Virginia, Florida and Maryland, which includes Pennsylvania and New Jersey; mortgage operations, including HomeAmerican Mortgage Corporation, and Other, which includes Allegiant Insurance Company, Inc, StarAmerican Insurance Ltd., American Home Insurance Agency, Inc and American Home Title and Escrow Company.
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