M.D.C. Holdings Reports Preliminary Net New Order Activity
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, Sept. 14, 2020 /PRNewswire/ -- In anticipation of upcoming meetings with investors, M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced preliminary information regarding the Company's August 2020 quarter-to-date net new home order activity.For the first two months of the 2020 third quarter, net new home orders increased 75% year-over-year to 2,477, compared with 1,418 for the same period in 2019. The increase was driven by a 73% improvement in the monthly sales absorption rate to 6.48 and a 1% increase in the average number of active subdivisions to 191.Larry A. Mizel, MDC's Chairman and Chief Executive Officer, stated, "The sharp increase in demand for new homes has extended into the third quarter, and we are increasingly optimistic that the elevated level of activity is part of a larger trend for our industry. With historically low interest rates and COVID-19 concerns as a backdrop, consumers are showing a strong preference for suburban liv
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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