Press coverage about M.D.C. Holdings (NYSE:MDC) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. M.D.C. Holdings earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 46.7255055961204 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- M.D.C. Holdings, Inc. (MDC) Posts Quarterly Earnings Results, Beats Estimates By $0.55 EPS (americanbankingnews.com)
- M.D.C. Holdings, Inc. (MDC) Given New $34.00 Price Target at Citigroup Inc. (americanbankingnews.com)
- Bond Sale Drives 132% Increase in M.D.C. Profit (builderonline.com)
- Ex-Dividend Reminder: Delphi Automotive, M.D.C. Holdings and New Media Investment Group (nasdaq.com)
- Edited Transcript of MDC earnings conference call or presentation 2-Nov-17 4:30pm GMT (finance.yahoo.com)
M.D.C. Holdings (NYSE:MDC) traded down $4.14 during trading on Friday, hitting $33.15. The company’s stock had a trading volume of 1,001,524 shares, compared to its average volume of 488,930. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 10.90, a price-to-earnings-growth ratio of 1.13 and a beta of 1.40. M.D.C. Holdings has a twelve month low of $21.72 and a twelve month high of $37.45. The company has a current ratio of 9.45, a quick ratio of 2.71 and a debt-to-equity ratio of 0.65.
M.D.C. Holdings (NYSE:MDC) last posted its earnings results on Thursday, November 2nd. The construction company reported $1.16 EPS for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.55. The business had revenue of $586.30 million during the quarter, compared to analyst estimates of $595.05 million. M.D.C. Holdings had a return on equity of 11.66% and a net margin of 6.09%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. research analysts expect that M.D.C. Holdings will post 2.43 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Tuesday, November 7th. M.D.C. Holdings’s payout ratio is 33.33%.
MDC has been the subject of a number of analyst reports. Zacks Investment Research lowered M.D.C. Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 30th. KeyCorp reaffirmed a “hold” rating on shares of M.D.C. Holdings in a research report on Friday, August 25th. BidaskClub lowered M.D.C. Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Deutsche Bank AG raised their price objective on M.D.C. Holdings from $27.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Finally, Wells Fargo & Company raised M.D.C. Holdings from an “underperform” rating to a “market perform” rating and set a $30.00 target price for the company in a report on Wednesday, August 30th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $30.67.
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About M.D.C. Holdings
M.DC Holdings, Inc is engaged in two primary operations, including homebuilding and financial services. The Company’s segments include West, including segments located in Arizona, California, Nevada and Washington; Mountain, including segments located in Colorado and Utah; East, including segments located in Virginia, Florida and Maryland, which includes Pennsylvania and New Jersey; mortgage operations, including HomeAmerican Mortgage Corporation, and Other, which includes Allegiant Insurance Company, Inc, StarAmerican Insurance Ltd., American Home Insurance Agency, Inc and American Home Title and Escrow Company.
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