M.D.C. Holdings found using ticker (MDC) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 77 and 50 with the average target price sitting at 64. Now with the previous closing price of 38.18 this now indicates there is a potential upside of 67.6%. The 50 day moving average now sits at 41.01 and the 200 day moving average is 48.29. The company has a market capitalisation of $2,698m. Find out more information at: https://www.mdcholdings.com
The potential market cap would be $4,523m 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, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Maryland, Pennsylvania, Virginia, Tennessee, 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.
