After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for M.D.C. Holdings Inc. (MDC) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $35.51. The M.D.C. Holdings Inc. has recorded 62,128 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that M.D.C. HOLDINGS’ PRESENTATION AT THE RAYMOND JAMES 44th ANNUAL INSTITUTIONAL INVESTORS CONFERENCE TO BE WEBCAST LIVE.
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Stocks Info
As a NYSE listed company, MDC falls under the Consumer Cyclical sector while operating within the Residential Construction industry segment. At the end of the last regular session, the stock closed at $35.51 and fluctuated between $36.50 as its day high and $34.95 as its day low. The current market capitalization of M.D.C. Holdings Inc. is $2.65B. A total of 1.17 million shares were traded on the day, compared to an average of 548.70K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MDC has seen 5 BUY and 9 SELL insider trades, representing the acquisition of 450,455 and the disposition of 166,218 shares. Over the last 12 months, there were 16 BUYs and 24 SELLs from insiders. Insiders purchased 2,861,195 shares during that period but sold 2,510,358.
In the most recent transaction, BUCHWALD HERBERT T sold 8,349 shares of MDC for 36.20 per share on Mar 08. After the transaction, the Director now owns 0 company shares. In a previous transaction on Mar 06, BLACKFORD DAVID E sold 4,500 shares at 36.67 per share. MDC shares that Director owns now total 20,587.
Among the insiders who sold shares, Siegel David disposed of 4,580 shares on Mar 03 at a per-share price of $37.22. This resulted in the Director holding 3,759 shares of MDC after the transaction. In another insider transaction, BLACKFORD DAVID E sold 3,000 shares at $38.35 per share on Feb 08. Company shares held by the Director now total 25,087.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. M.D.C. Holdings Inc. pays an annual dividend of $2.00, resulting in a dividend yield of 5.63%, and it has a price to earnings (P/E) ratio of 4.63. MDC’s most recent ex-dividend date was 2/7/2023 when it declared a $0.50 quarterly dividend that was paid in cash on 2/22/2023. Previously, the company paid the dividend on 11/23/2022 with an ex-dividend date of 11/8/2022. The MDC stock dividend was $0.50 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MDC in the last 3 months, the mean price target is $32.83 with high estimates of $43.00 and low estimates of $27.50. In terms of 52-week highs and lows, MDC has a high of $43.88 and a low of $27.04.
As of this writing, MDC has an earnings estimate of $0.59 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.74 per share and a lower estimate of $0.23. The company reported an EPS of $1.98 in the last quarter, which was -12.00% lower than expectations of $2.25.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MDC is Overweight with a score of 2.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.