M.D.C. Holdings Announces 2019 Third Quarter Results
M.D.C. Holdings, Inc. (MDC)
Last m.d.c. holdings, inc. earnings: 1/30 06:00 am
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US:NYSE Investor Relations:
ir.richmondamerican.com/investor-relations
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Source: PR Newswire
DENVER, Oct. 30, 2019 /PRNewswire/ -- M.D.C Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced results for the quarter ended September 30, 2019.Larry A. Mizel, MDC's Chairman and Chief Executive Officer, stated, "MDC delivered another strong performance in the third quarter of 2019, generating net income of $51 million, or $0.79 per diluted share. Net new orders increased 58% year-over-year on a sales pace of 3.6 homes per community per month. The sizable demand we experienced during the quarter led us to raise prices at a majority of our communities. We believe that these price increases reflected marketplace conditions, as the sales pace in September remained at a healthy 3.3 homes per community for the month."Mr. Mizel continued, "We continue to focus our efforts on the more affordable segments of the market, as demand for lower priced homes remains strong across our geographic footprint. We believe this trend will continue for some time given the w
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MDC
News
- M.D.C. Holdings, Inc. (NYSE: MDC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 20 Affordable, Promising Cities to Buy Real Estate in 2024 [Yahoo! Finance]Yahoo! Finance
- Sekisui House Completes Acquisition of M.D.C. Holdings, Expanding U.S. Business by Strengthening the Delivery of High-Quality Detached Homes Across 16 States [Yahoo! Finance]Yahoo! Finance
- Sekisui House Completes Acquisition of M.D.C. Holdings, Expanding U.S. Business by Strengthening the Delivery of High-Quality Detached Homes Across 16 StatesPR Newswire
- M.D.C. Holdings, Inc. (NYSE: MDC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
MDC
Earnings
- 1/30/24 - Beat
MDC
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- MDC's page on the SEC website