M.D.C. Holdings (DB:MDH) - Stock Price, News & Analysis

MDH Stock Overview

M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses.

MDH fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (11.9x) is below the German market (17.3x)

Earnings are forecast to grow 8.03% per year

Pays a reliable dividend of 3.49%

Trading at good value compared to peers and industry

Risk Analysis

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

M.D.C. Holdings, Inc. Competitors

PUMA

XTRA:PUM

€6.4b

Hugo Boss

XTRA:BOSS

€3.5b

Einhell Germany

XTRA:EIN3

€585.0m

KB Home

NYSE:KBH

US$5.0b

Price History & Performance

Summary of all time highs, changes and price drops for M.D.C. Holdings
Historical stock prices
Current Share Price	US$58.50
52 Week High	US$59.00
52 Week Low	US$34.80
Beta	1.54
1 Month Change	1.74%
3 Month Change	1.74%
1 Year Change	62.50%
3 Year Change	18.42%
5 Year Change	130.63%
Change since IPO	157.05%

Recent updates

Shareholder Returns

	MDH	DE Consumer Durables	DE Market
7D	0%	-1.5%	1.8%
1Y	62.5%	-13.9%	2.2%

Return vs Industry: MDH exceeded the German Consumer Durables industry which returned -13.3% over the past year.

Return vs Market: MDH exceeded the German Market which returned 0.9% over the past year.

Price Volatility

Is MDH's price volatile compared to industry and market?
MDH volatility
MDH Average Weekly Movement	1.2%
Consumer Durables Industry Average Movement	4.4%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: MDH has not had significant price volatility in the past 3 months.

Volatility Over Time: MDH's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1972	1,760	David Mandarich	ir.richmondamerican.com

M.D.C. Holdings, Inc., 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, Alabama, Florida, Maryland, Pennsylvania, Tennessee, and Virginia.

M.D.C. Holdings, Inc. Fundamentals Summary

How do M.D.C. Holdings's earnings and revenue compare to its market cap?
MDH fundamental statistics
Market cap	€4.44b
Earnings (TTM)	€374.31m
Revenue (TTM)	€4.36b

11.9x

P/E Ratio

1.0x

P/S Ratio

Is MDH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MDH income statement (TTM)
Revenue	US$4.64b
Cost of Revenue	US$3.68b
Gross Profit	US$911.78m
Other Expenses	US$513.03m
Earnings	US$398.76m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	5.31
Gross Margin	19.64%
Net Profit Margin	8.59%
Debt/Equity Ratio	50.3%

How did MDH perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

40%

Payout Ratio

MDH Stock Overview

Rewards

Risk Analysis

M.D.C. Holdings, Inc. Competitors

XTRA:PUM

€6.4b

XTRA:BOSS

€3.5b

XTRA:EIN3

€585.0m

NYSE:KBH

US$5.0b

Price History & Performance

Recent News & Updates

SH Residential Holdings, LLC completed the acquisition of M.D.C. Holdings, Inc. (NYSE:MDC) from a group of shareholders.

Independent Director recently sold €356k worth of stock

Kaskela Law LLC Announces Shareholder Complaint Filed Against M.D.C. Holdings, Inc. (MDC) and Encourages Investors to Contact the Firm

Full year 2023 earnings released: EPS: US$5.46 (vs US$7.88 in FY 2022)

Upcoming dividend of US$0.55 per share at 3.5% yield

Investor sentiment improves as stock rises 15%

Recent updates

SH Residential Holdings, LLC completed the acquisition of M.D.C. Holdings, Inc. (NYSE:MDC) from a group of shareholders.

Independent Director recently sold €356k worth of stock

Kaskela Law LLC Announces Shareholder Complaint Filed Against M.D.C. Holdings, Inc. (MDC) and Encourages Investors to Contact the Firm

Full year 2023 earnings released: EPS: US$5.46 (vs US$7.88 in FY 2022)

Upcoming dividend of US$0.55 per share at 3.5% yield

Investor sentiment improves as stock rises 15%

Third quarter dividend of US$0.55 announced

SH Residential Holdings, LLC entered into a definitive agreement to acquire M.D.C. Holdings, Inc. (NYSE:MDC) from a group of shareholders for $4.9 billion.

Sekisui House, Ltd. (TSE:1928) entered into a definitive agreement to acquire M.D.C. Holdings, Inc. (NYSE:MDC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP, Larry Mizel, David Mandarich and others for $4.7 billion.

Upcoming dividend of US$0.55 per share at 5.9% yield

Third quarter 2023 earnings released: EPS: US$1.45 (vs US$2.03 in 3Q 2022)

M.D.C. Holdings, Inc. Declares Quarterly Cash Dividend, Payable on November 22, 2023

M.D.C. Holdings, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of US$0.55 per share at 4.3% yield

New minor risk - Earnings quality

M.D.C. Holdings, Inc. Provides Operating Guidance for the Third Quarter and Full Year of 2023

Second quarter 2023 earnings released: EPS: US$1.28 (vs US$2.66 in 2Q 2022)

M.D.C. Holdings, Inc. to Report Q2, 2023 Results on Jul 27, 2023

M.D.C. Holdings, Inc.(NYSE:MDC) dropped from Russell Small Cap Comp Growth Index

Independent Director recently sold €394k worth of stock

President recently sold €5.9m worth of stock

First quarter 2023 earnings released: EPS: US$1.11 (vs US$2.09 in 1Q 2022)

Independent Lead Director recently sold €286k worth of stock

Independent Director recently sold €161k worth of stock

Independent Director recently sold €107k worth of stock

Full year 2022 earnings released: EPS: US$7.91 (vs US$8.13 in FY 2021)

Upcoming dividend of US$0.50 per share at 5.4% yield

M.D.C. Holdings, Inc. Announces Executive Changes

M.D.C. Holdings, Inc. Declares Quarterly Cash Dividend, Payable on February 22, 2023

M.D.C. Holdings, Inc. to Report Q4, 2022 Results on Jan 31, 2023

M.D.C. Holdings, Inc. Appoints Rafay Farooqui to Its Board of Directors

Insufficient new directors

Upcoming dividend of US$0.50 per share

M.D.C. Holdings, Inc. Provides Operating Guidance for the Third Quarter of 2022

Third quarter 2022 earnings released: EPS: US$2.04 (vs US$2.07 in 3Q 2021)

M.D.C. Holdings Declares Quarterly Cash Dividend, Payable on November 23, 2022

M.D.C. Holdings, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Independent Lead Director recently sold €347k worth of stock

Upcoming dividend of US$0.50 per share

Second quarter 2022 earnings released: EPS: US$2.68 (vs US$2.19 in 2Q 2021)

M.D.C. Holdings, Inc. Provides Operating Guidance for the Third Quarter of 2022

M.D.C. Holdings, Inc. Declares Quarterly Cash Dividend, Payable on August 24, 2022

M.D.C. Holdings, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Investor sentiment deteriorated over the past week

M.D.C. Holdings, Inc. Announces Resignation of Rebecca Givens as Senior Vice President and General Counsel of the Company Effective as of the Close of Business on May 20, 2022

Independent Lead Director recently sold €356k worth of stock

Independent Director recently sold €108k worth of stock

Upcoming dividend of US$0.50 per share

First quarter 2022 earnings released: EPS: US$2.10 (vs US$1.58 in 1Q 2021)

Insufficient new directors

M.D.C. Holdings, Inc. Declares Quarterly Cash Dividend, Payable on May 25, 2022

M.D.C. Holdings, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.50 per share

Richmond American Expands Solar Offerings to All Regions

Independent Director recently sold €328k worth of stock

Upcoming dividend of US$0.50 per share

Third quarter 2021 earnings released: EPS US$2.07 (vs US$1.43 in 3Q 2020)

M.D.C. Holdings, Inc. Announces Richmond American Homes Debuts First Idaho Community