Published On: Wed, Oct 19th, 2016

Current Price Targets For M.D.C. Holdings, Inc. (NYSE:MDC)


Recently stock market analysts have updated their consensus ratings on shares of M.D.C. Holdings, Inc. (NYSE:MDC).

Most recent broker ratings

09/28/2016 – Wells Fargo began new coverage on M.D.C. Holdings, Inc. giving the company a “market perform” rating.

08/08/2016 – M.D.C. Holdings, Inc. was downgraded to “hold” by analysts at Deutsche Bank. They now have a USD 27 price target on the stock.

07/05/2016 – M.D.C. Holdings, Inc. had its “hold” rating reiterated by analysts at Argus.

02/04/2016 – M.D.C. Holdings, Inc. had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 25 price target on the stock.

08/07/2015 – M.D.C. Holdings, Inc. had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 32 price target on the stock.

08/06/2015 – M.D.C. Holdings, Inc. was upgraded to “sector weight” by analysts at KeyBanc.

05/18/2015 – M.D.C. Holdings, Inc. was downgraded to “market perform” by analysts at Raymond James.

05/06/2015 – M.D.C. Holdings, Inc. had its “underweight” rating reiterated by analysts at JP Morgan. They now have a USD 24 price target on the stock.

05/03/2015 – M.D.C. Holdings, Inc. was upgraded to “hold” by analysts at Zacks.

02/19/2015 – Bank of America Merrill Lynch began new coverage on M.D.C. Holdings, Inc. giving the company a “underperform” rating. They now have a USD 20 price target on the stock.

01/15/2015 – Telsey Advisory Group began new coverage on M.D.C. Holdings, Inc. giving the company a “outperform” rating.

10/31/2014 – M.D.C. Holdings, Inc. was downgraded to “neutral” by analysts at Sterne Agee. They now have a USD 27 price target on the stock.

10/02/2014 – M.D.C. Holdings, Inc. was upgraded to “outperform” by analysts at FBN Securities.

02/10/2014 – M.D.C. Holdings, Inc. was upgraded to “neutral” by analysts at Ned Davis Research.

02/10/2014 – M.D.C. Holdings, Inc. was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 30 price target on the stock.

M.D.C. Holdings, Inc. has a 50 day moving average of 25.28 and a 200 day moving average of 24.89. The stock’s market capitalization is 1.19B, it has a 52-week low of 19.28 and a 52-week high of 28.93.

The share price of the company (NYSE:MDC) was up +0.99% during the last trading session, with a high of 24.48 and the volume of M.D.C. Holdings, Inc. shares traded was 150724.

M.D.C. Holdings, Inc. is engaged in two primary operations, such as homebuilding and financial services. The Company’s homebuilding operations consist of subsidiary companies that purchases finished lots or develop lots 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. Its homebuilding operations consists of homebuilding divisions that the Company considers to be its operating segments. Its financial services operations consists of HomeAmerican Mortgage Corporation (HomeAmerican), Allegiant Insurance Company, Inc., StarAmerican Insurance Ltd., and American Home Insurance Agency, Inc. The Company’s operating segments include West (includes operating segments located in Arizona, California, Nevada and Washington); Mountain (includes operating segments located in Colorado and Utah), and East (includes operating segments located in Virginia, Florida and Maryland).