M.D.C. Holdings with ticker code (MDC) now have 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 86 and 52 calculating the mean target price we have 67.4. Given that the stocks previous close was at 46.24 this now indicates there is a potential upside of 45.8%. The 50 day moving average now sits at 52.05 and the 200 day moving average is 52.27. The market cap for the company is $3,401m. You can visit the company’s website by visiting: https://www.mdcholdings.com
The potential market cap would be $4,957m based on the market concensus.
M.D.C. Holdings, through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, Washington, Oregon, Colorado, Utah, Virginia, Maryland, and Florida. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, and Virginia. M.D.C. Holdings was founded in 1972 and is headquartered in Denver, Colorado.
