M.D.C. Holdings

M.D.C. Holdings, Inc. provides homebuilding and financial services. Its homebuilding operations consist of wholly owned subsidiary companies that generally purchase finished lots or develop lots to the extent necessary for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the name Richmond American Homes. The firm's financial services operations consist of HomeAmerican Mortgage Corporation, Allegiant Insurance Company, Inc., StarAmerican Insurance Ltd, American Home Insurance Agency, Inc., American Home Title, and Escrow Company. The company was founded by Larry A. Mizel in 1972 and is headquartered in Denver, CO.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

M.D.C. Holdings adjusts strategies to navigate market challenges in Q4 2022

M.D.C. Holdings navigated challenges in Q4 2022 by adapting strategies, focusing on high-margin backlog, and increasing spec home construction. The company remains confident in the long-term outlook for new home construction despite short-term market pressures.

M.D.C. Holdings (MDC) reports strong Q1 performance and growth opportunities

M.D.C. Holdings (MDC) delivered a robust performance in Q1, exceeding expectations in net income and home deliveries.
The company's strategic focus on sales volume, operational efficiency, and market adaptability positions it well for future growth.
While facing challenges like margin pressures and capital allocation decisions, MDC has opportunities to optimize operations and drive profitability.

M.D.C. Holdings reports solid Q2 performance and eyes margin growth

M.D.C. Holdings (MDC) navigated Q2 2023 with strong home sales revenues, improved gross margins, and strategic land purchases to support growth objectives.
Despite facing challenges with lower income and increased costs, the company's focus on curated spec homes and operational efficiency positions it well for future success.
Opportunities lie in leveraging curated spec homes for higher margins, increasing spec inventory, and optimizing operational strategies to drive growth and profitability.

M.D.C. Holdings reports robust Q3 earnings amidst market challenges

M.D.C. Holdings (MDC) delivered a strong Q3 performance with improved profitability and operational efficiency, despite challenges from rising mortgage rates and inventory management.
The company's strategic strengths lie in its focus on investing in homebuilding operations, maintaining healthy gross margins, and positioning for future growth.
While facing challenges in demand and inventory management, M.D.C. has opportunities to capitalize on market trends, expand its customer base, and drive sales growth.
Overall, M.D.C. remains optimistic about its future outlook, emphasizing capital allocation, land acquisition, and operational improvements for sustained growth.

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M.D.C. Holdings offers governance, stock and financial information and sec filling services.

TUCSON, Ariz., July 29, 2020 /PRNewswire/ -- Richmond American of Arizona, Inc.

Richmond American Unveils New Model Home in Southwest Tucson

M.D.C. Holdings, Inc. (MDC) CEO Larry Mizel on Q2 2020 Results - Earnings Call Transcript

DENVER, July 28, 2020 /PRNewswire/ -- M.D.C Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced results for the quarter ended June 30, 2020.

M.D.C. Holdings Announces Second Quarter 2020 Results

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VICTORVILLE, Calif., July 10, 2020 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce the Grand Opening of two inspired model homes at its Seasons at Luna Road RichmondAmerican.com/LunaRoad community in...

Richmond American Debuts New Model Homes in Victorville

ORLANDO, Fla., June 23, 2020 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC) is excited to announce that it recently purchased 128 homesites for a new community in Leesburg. Spring Creek, which is slated to open in 2020, will...

Richmond American Announces New Home Development In Orlando

DUNDEE, Fla., June 16, 2020 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to introduce that Seasons at Vista Del Lago, a beautiful new Dundee community, is now selling. Introducing Seasons at Vista Del Lago...

Richmond American Announces New Dundee Community From The Low $200s

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Homebuilders may be among the beneficiaries from low interest rates and federal stimulus packages aimed at buffering the economic strain from the coronavirus pandemic, according to BofA Securities.

Low Interest Rates, Federal Stimulus Lead BofA To Raise Homebuilder Price Targets

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Will Low Mortgage Rates Continue to Cushion Housing Market?

DENVER, May 15, 2020 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), parent company to the Richmond American Homes companies across the country, has found success during the pandemic working with homebuyers to contract on a new home virtually. The national homebuilder recently achieved...

Richmond American Homes Conducts 1,000 Virtual Sales Appointments

M.D.C. Holdings' (MDC) CEO Larry Mizel on Q1 2020 Results - Earnings Call Transcript

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News for M.D.C. Holdings Stock (MDC)