Analysts See $0.84 EPS for M.D.C. Holdings, Inc. (MDC)

July 13, 2018 - By Hazel Jackson

M.D.C. Holdings, Inc. (NYSE:MDC) LogoInvestors sentiment decreased to 1 in Q1 2018. Its down 2.37, from 3.37 in 2017Q4. It is negative, as 41 investors sold M.D.C. Holdings, Inc. shares while 62 reduced holdings. 38 funds opened positions while 65 raised stakes. 45.86 million shares or 55.31% less from 102.61 million shares in 2017Q4 were reported.
Indexiq Lc holds 0.06% or 71,238 shares in its portfolio. Sg Cap Ltd holds 2.71% of its portfolio in M.D.C. Holdings, Inc. (NYSE:MDC) for 506,448 shares. Cornercap Inv Counsel stated it has 0.1% in M.D.C. Holdings, Inc. (NYSE:MDC). M&T State Bank holds 10,801 shares. Citigroup Inc holds 0% or 8,226 shares. State Bank Of New York Mellon Corp owns 0.01% invested in M.D.C. Holdings, Inc. (NYSE:MDC) for 1.14 million shares. Peak6 Invests Limited Partnership accumulated 0% or 36,723 shares. James Inv Research accumulated 97,641 shares. Voya Inv Mgmt Ltd Liability Co invested 0.01% in M.D.C. Holdings, Inc. (NYSE:MDC). State Of Alaska Department Of Revenue reported 14,489 shares. Morgan Stanley accumulated 315,875 shares or 0% of the stock. Tiaa Cref Invest Lc holds 0% or 156,626 shares in its portfolio. New York State Teachers Retirement System, a New York-based fund reported 115,484 shares. State Of Tennessee Treasury Department invested 0% in M.D.C. Holdings, Inc. (NYSE:MDC). Gabelli Funds Lc stated it has 136,080 shares.

Since March 5, 2018, it had 0 insider purchases, and 6 insider sales for $7.18 million activity. Another trade for 204,120 shares valued at $6.53M was sold by MANDARICH DAVID D. Shares for $69,701 were sold by BLACKFORD DAVID E on Friday, May 4. Another trade for 2,555 shares valued at $82,220 was sold by Siegel David. Another trade for 4,644 shares valued at $138,577 was made by BUCHWALD HERBERT T on Tuesday, March 13.

Analysts expect M.D.C. Holdings, Inc. (NYSE:MDC) to report $0.84 EPS on August, 7.They anticipate $0.25 EPS change or 42.37 % from last quarter’s $0.59 EPS. MDC’s profit would be $47.22M giving it 9.48 P/E if the $0.84 EPS is correct. After having $0.68 EPS previously, M.D.C. Holdings, Inc.’s analysts see 23.53 % EPS growth. The stock increased 1.69% or $0.53 during the last trading session, reaching $31.86. About 413,451 shares traded. M.D.C. Holdings, Inc. (NYSE:MDC) has risen 0.59% since July 13, 2017 and is uptrending. It has underperformed by 11.98% the S&P500.

M.D.C. Holdings, Inc. (NYSE:MDC) Ratings Coverage

Among 5 analysts covering MDC Holdings (NYSE:MDC), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. MDC Holdings had 8 analyst reports since January 17, 2018 according to SRatingsIntel. Raymond James maintained the stock with “Outperform” rating in Tuesday, May 8 report. On Friday, May 4 the stock rating was upgraded by Zelman to “Buy”. As per Friday, February 2, the company rating was maintained by Bank of America. The firm has “Buy” rating by UBS given on Tuesday, March 13. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) has “Buy” rating given on Friday, May 4 by UBS. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) earned “Outperform” rating by Raymond James on Tuesday, February 13. UBS maintained it with “Sell” rating and $32.0 target in Wednesday, January 17 report.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial service businesses in the United States. The company has market cap of $1.79 billion. The Company’s homebuilding activities 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. It has a 11.58 P/E ratio. The firm conducts its homebuilding activities in Arizona, California, Nevada, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey.

Another recent and important M.D.C. Holdings, Inc. (NYSE:MDC) news was published by Bizjournals.com which published an article titled: “A major national homebuilder enters the Portland market” on July 03, 2018.

M.D.C. Holdings, Inc. (NYSE:MDC) Institutional Positions Chart

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