M.D.C. Holdings, Inc.

NYSE:MDC Stok Raporu

Piyasa değeri: US$4.7b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

M.D.C. Holdings Geçmiş Kazanç Performansı

Geçmiş kriter kontrolleri 2/6

M.D.C. Holdings yıllık ortalama 17.9% oranında kazançlarını artırırken, Consumer Durables sektöründe kazançlar growing at 1.2% annual. Gelirler growing yılda ortalama 12.7% oranında artmaktadır. M.D.C. Holdings'in özkaynak karlılığı 11.9% ve net marjı 8.6%'dir.

Anahtar bilgiler

17.85%

Kazanç büyüme oranı

16.14%

EPS büyüme oranı

Consumer Durables Sektör Büyümesi24.52%
Gelir büyüme oranı12.74%
Özkaynak getirisi11.87%
Net Marj8.59%
Son Kazanç Güncellemesi31 Dec 2023

Yakın geçmiş performans güncellemeleri

Recent updates

Seeking Alpha • Jan 18

M.D.C. Sells To Sekisui At An Attractive Price; Further Upside Is Unlikely

Summary M.D.C. Holdings shares rallied 18% after the acquisition announcement by Sekisui, nearing the purchase price. Sekisui aims to achieve its goal of building 10,000 homes in the US by 2025 with the acquisition of MDC. It is unlikely for the deal to be blocked due to low market share and no antitrust or foreign investment concerns. At 12x earnings and 1.4x book value, no other bidders are likely to emerge. Read the full article on Seeking Alpha
Analiz Makalesi • Jan 03

Earnings Working Against M.D.C. Holdings, Inc.'s (NYSE:MDC) Share Price

With a price-to-earnings (or "P/E") ratio of 11.4x M.D.C. Holdings, Inc. ( NYSE:MDC ) may be sending bullish signals at...
Analiz Makalesi • Dec 18

We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analiz Makalesi • Nov 18

Returns On Capital At M.D.C. Holdings (NYSE:MDC) Have Hit The Brakes

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Seeking Alpha • Nov 17

M.D.C. Holdings: Navigating Through A Tough Housing Market

Summary Home builder M.D.C. Holdings, Inc. stock has risen over 35% so far in 2023 despite challenges in the housing sector. Earnings and revenues are projected to fall significantly in FY2023, and there is or has been some substantial insider selling in the stock this year. However, the company has a strong balance sheet and also pays a five percent dividend yield. Buy, Sell, or Hold?  An analysis of M.D.C. Holdings, Inc. follows in the paragraphs below. Read the full article on Seeking Alpha
Analiz Makalesi • Nov 03

Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?

M.D.C. Holdings, Inc. ( NYSE:MDC ), might not be a large cap stock, but it saw a double-digit share price rise of over...
Analiz Makalesi • Sep 22

M.D.C. Holdings, Inc.'s (NYSE:MDC) Intrinsic Value Is Potentially 24% Below Its Share Price

Key Insights The projected fair value for M.D.C. Holdings is US$31.53 based on Dividend Discount Model M.D.C. Holdings...
Seeking Alpha • Sep 06

M.D.C. Holdings: Awaiting Q3 Results To Validate If Earnings Normalization Phase Has Started

Summary I maintain a hold rating for MDC as I await 3Q23 results to confirm the start of the earnings normalization phase. 2Q23 earnings exceeded expectations, with a 54% growth in orders and improved pricing trends. It is important to remember that further increases in mortgage rates will certainly impact the earnings trajectory of the business. Read the full article on Seeking Alpha
Analiz Makalesi • Sep 05

We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analiz Makalesi • Aug 01

Upgrade: Analysts Just Made A Substantial Increase To Their M.D.C. Holdings, Inc. (NYSE:MDC) Forecasts

M.D.C. Holdings, Inc. ( NYSE:MDC ) shareholders will have a reason to smile today, with the analysts making substantial...
Analiz Makalesi • Jul 28

Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?

While M.D.C. Holdings, Inc. ( NYSE:MDC ) might not be the most widely known stock at the moment, it led the NYSE...
Analiz Makalesi • Jul 13

We Like These Underlying Return On Capital Trends At M.D.C. Holdings (NYSE:MDC)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Seeking Alpha • Jul 09

M.D.C. Holdings: Not The Best Financially But Has A Margin Of Safety

Summary MDC is a cyclical company as its performance is tied to US Housing Starts, where there was no growth in the long-term annual average over the past 70 years. MDC had hardly any revenue growth over the past 18 years and should be valued based on its cyclical Earnings Power Value. A valuation of MDC on such a basis showed that there are margins of safety. But I have concerns about MDC financial strengths. Read the full article on Seeking Alpha
Analiz Makalesi • Jun 05

Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha • May 26

M.D.C. Holdings: Trends Are Turning, But Better To Wait And See

Summary Despite initial concerns, M.D.C. Holdings, Inc. experienced a smaller drop in orders than anticipated, with a notable improvement in market conditions during Q1 2023. Cancellation rates also showed significant improvement. Moving forward, investors should monitor M.D.C. Holdings, Inc.'s efforts to reduce cycle times, as well as the potential for increased gross margins. Given the need for more information to confirm the trend aligns with assumptions, a hold rating is recommended for M.D.C. Holdings, Inc. stock until sufficient data becomes available. Read the full article on Seeking Alpha
Analiz Makalesi • Apr 21

M.D.C. Holdings' (NYSE:MDC) Dividend Will Be $0.50

M.D.C. Holdings, Inc. ( NYSE:MDC ) has announced that it will pay a dividend of $0.50 per share on the 24th of May...
Analiz Makalesi • Apr 14

When Should You Buy M.D.C. Holdings, Inc. (NYSE:MDC)?

M.D.C. Holdings, Inc. ( NYSE:MDC ), might not be a large cap stock, but it saw a double-digit share price rise of over...
Analiz Makalesi • Mar 30

Returns on Capital Paint A Bright Future For M.D.C. Holdings (NYSE:MDC)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analiz Makalesi • Mar 07

Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Seeking Alpha • Feb 08

M.D.C. Holdings: Near-Term Concerns May Weigh On Share Price Performance

Summary Guidance for 1Q23 includes closings of 1,500 to 1,600 and ASPs of $550 to $560K with a gross margin of 18-19%. Orders dropped in 4Q22, but there was a return to order in January and an improvement is expected in 1Q23. I have near-term concerns about performance due to a weak sales forecast, declining margins, and uncertain demand and interest rate trends. Description I think M.D.C. Holdings (MDC) is entering the very early stage of an up-cycle, which I believe investors seem to think of as well given the share price reaction. However, I have my concerns on the near-term performance of MDC, especially given a weak order guide, declining gross margins, uncertain interest rate environment, and yet-to-be confirmed demand trends. On this backdrop, valuation has already increased to price in an up-cycle movement, which I think an investment today carries much more risk than pre-earnings. In my opinion, if this were to be a true up-cycle, there would be opportunities to make money out of it, there is no need to take additional risk to get exposure today. As such, my recommendation would be to wait out a couple of quarters, at least until we see a more stabilize demand trend. 4Q22 Review Several key points emerged during the earnings call. To begin, at the mid-point, MDC expects a decline in closings of 31% y/y and a decline in gross margins to 18.5% for 1Q23. With regards to demand trends, demand patterns improved in January as a result of MDC's increased market aggression following the completion of its higher-margin backlog. In addition, the majority of the company's 4Q gross orders (74%) were spec, as such MDC plans to keep expanding its spec construction to better meet the needs of modern buyers. On the pricing side of things, discounts for 4Q orders rose by about 4ppts q/q to around 12%, while order ASPs fell by about 6% q/q and 1% y/y on a gross order basis. If we extrapolate these results literally into FY23/24, we could very well see a downward trend in earnings. Order book Orders dropped 94% in 4Q22 due to a decrease in absorption, while average community size increased 13%. An important metric to keep an eye on is the 4Q22 cancellation rate, which hit 87%, up from 81% in 3Q22 and 20% in 4Q21. To combat this, MDC has responded by increasing the amount of the deposit it requires from customers interested in purchasing a built-to-order home. On the bright side, management noted a return to order in January, and this trend is only expected to further improve in 1Q23. This is likely because MDC has become more competitive in the market due to the anticipated Spring selling season. Additionally, as 74% of its 4th quarter orders were for spec construction, management expects to increase their spec constructions to better cater to current buyer preferences. Impairments The $93 million recorded in 4Q22 land impairments is the highest quarterly amount recorded since Q4 of 2008, and is a significant increase from the $28 million recorded in 3Q22. Impairments affected ten communities in MDC's West region and six communities in the Mountain region, most of which were already open for sales with a few that MDC had planned openings in 1Q23. Although I don't find this particularly concerning at the moment, I do think it's something we should keep an eye on in the future in case it's a precursor to a more serious threat. Guidance
Seeking Alpha • Jan 30

M.D.C. Q4 2022 Earnings Preview

M.D.C. (NYSE:MDC) is scheduled to announce Q4 earnings results on Tuesday, January 31, before market open. The consensus EPS estimate is $1.52 and the consensus revenue estimate is $1.31B (-8.4% Y/Y). Over the last 1 year, MDC has beaten EPS and revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 5 downward. Revenue estimates have seen 1 upward revision and 2 downward.
Analiz Makalesi • Jan 28

M.D.C. Holdings (NYSE:MDC) Will Pay A Dividend Of $0.50

M.D.C. Holdings, Inc. ( NYSE:MDC ) will pay a dividend of $0.50 on the 22nd of February. The dividend yield will be...
Seeking Alpha • Jan 24

M.D.C. Holdings declares $0.50 dividend

M.D.C. Holdings (NYSE:MDC) declares $0.50/share quarterly dividend, in line with previous. Forward yield 5.45% Payable Feb. 22; for shareholders of record Feb. 8; ex-div Feb. 7. See MDC Dividend Scorecard, Yield Chart, & Dividend Growth.
Analiz Makalesi • Jan 13

M.D.C. Holdings, Inc. (NYSE:MDC) Shares Could Be 24% Above Their Intrinsic Value Estimate

Key Insights M.D.C. Holdings' estimated fair value is US$28.8 based on Dividend Discount Model Current share price of...
Analiz Makalesi • Dec 29

Is M.D.C. Holdings, Inc. (NYSE:MDC) Potentially Undervalued?

While M.D.C. Holdings, Inc. ( NYSE:MDC ) might not be the most widely known stock at the moment, it saw a double-digit...
Analiz Makalesi • Dec 13

Returns On Capital Are A Standout For M.D.C. Holdings (NYSE:MDC)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Gelir ve Gider Dağılımı

M.D.C. Holdings nasıl para kazanır ve harcar. LTM bazında en son bildirilen kazançlara dayanmaktadır.

Kazanç ve Gelir Geçmişi

NYSE:MDC Gelir, gider ve kazançlar (USD Millions )
TarihGelirKazançlarG+A GiderleriAr-Ge Giderleri
31 Dec 234,6433994300
30 Sep 234,8163594350
30 Jun 235,1473964750
31 Mar 235,4984925020
31 Dec 225,7185595360
30 Sep 225,6646425350
30 Jun 225,5236435130
31 Mar 225,4376085080
31 Dec 215,2555714940
30 Sep 215,0145554820
30 Jun 214,7505094650
31 Mar 214,2694394290
31 Dec 203,9013654030
30 Sep 203,7813113900
30 Jun 203,5162633790
31 Mar 203,3482333700
31 Dec 193,2932373630
30 Sep 193,0711993510
30 Jun 193,0842023420
31 Mar 193,1032113410
31 Dec 183,0652103300
30 Sep 182,9071803180
30 Jun 182,7261873030
31 Mar 182,6231582930
31 Dec 172,5781412870
30 Sep 172,5871572740
30 Jun 172,5801222670
31 Mar 172,5011152610
31 Dec 162,3271032510
30 Sep 162,176852460
30 Jun 162,048742420
31 Mar 161,932672320
31 Dec 151,909662260
30 Sep 151,836582170
30 Jun 151,786582100
31 Mar 151,755602050
31 Dec 141,698632030
30 Sep 141,661772040
30 Jun 141,691972110
31 Mar 141,6642992130
31 Dec 131,6803092130
30 Sep 131,6143102070
30 Jun 131,5002941940

Kaliteli Kazançlar: MDC yüksek kaliteli kazançlar sağlıyor.

Büyüyen Kar Marjı: MDC 'nin mevcut net kar marjları (8.6%) geçen yılın (9.8%) değerinden daha düşüktür.

Serbest Nakit Akışı ve Kazanç Analizi

Geçmiş Kazanç Büyüme Analizi

Kazanç Eğilimi: MDC şirketinin kazancı son 5 yılda yılda 17.9% oranında arttı.

Büyüme Hızlandırma: MDC 'in son bir yıldır negatif kazanç büyümesi oldu, bu nedenle 5 yıllık ortalamasıyla karşılaştırılamaz.

Kazançlar vs. Sektör: MDC geçtiğimiz yıl negatif kazanç büyümesine ( -28.7% ) sahipti ve bu da onu Consumer Durables sektör ortalamasıyla ( -16.4% ) karşılaştırmayı zorlaştırıyordu.

Özkaynak Getirisi

Yüksek ROE: MDC 'nin Özsermaye Getirisi ( 11.9% ) düşük olarak değerlendiriliyor.

Varlık Getirisi

Kullanılan Sermaye Getirisi

Geçmişte güçlü performans gösteren şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2024/04/19 22:41
Gün Sonu Hisse Fiyatı2024/04/19 00:00
Kazançlar2023/12/31
Yıllık Kazançlar2023/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

M.D.C. Holdings, Inc. 18 Bu analistlerden 3, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Christopher GrajaArgus Research Company
John LovalloBofA Global Research
Willy RandowCitigroup Inc