There Is A Quest For Clarity Surrounding M.D.C. Holdings, Inc. (NYSE: MDC) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NYSE-listed company operates within the Residential Construction industry segment, falling under the Consumer Cyclical sector. The current market capitalization of M.D.C. Holdings, Inc. is $4.68B. A total of 4.05 million shares were traded on the day, compared to an average of 597.77K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, MDC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 27 SELLs from insiders. Insiders purchased 2,112,355 shares during that period but sold 1,811,616.

In the most recent transaction, BLACKFORD DAVID E sold 2,771 shares of MDC for 48.04 per share on Sep 01. After the transaction, the Director now owns 19,734 company shares. In a previous transaction on Jul 31, REECE PARIS G III sold 15,000 shares at 50.88 per share. MDC shares that Director owns now total 0.

Among the insiders who sold shares, Martin Robert Nathaniel disposed of 19,839 shares on Jul 28 at a per-share price of $49.94. This resulted in the SVP and CFO holding 299,962 shares of MDC after the transaction. In another insider transaction, BLACKFORD DAVID E sold 5,634 shares at $50.38 per share on Jul 28. Company shares held by the Director now total 14,953.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. M.D.C. Holdings, Inc. pays an annual dividend of $2.10, resulting in a dividend yield of 3.35%, and it has a price to earnings (P/E) ratio of 13.03. MDC’s most recent ex-dividend date was 2/6/2024 when it declared a $0.55 quarterly dividend that was paid in cash on 2/21/2024. Previously, the company paid the dividend on 11/22/2023 with an ex-dividend date of 11/7/2023. The MDC stock dividend was $0.55 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for MDC in the last 3 months, the mean price target is $55.00 with high estimates of $63.00 and low estimates of $49.00. In terms of 52-week highs and lows, MDC has a high of $63.00 and a low of $34.79.

As of this writing, MDC has an earnings estimate of $1.49 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.56 per share and a lower estimate of $1.4. The company reported an EPS of $1.24 in the last quarter, which was 67.60% higher than expectations of $0.74.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MDC’s latest balance sheet shows that the firm has $590.66M in Cash & Short Term Investments as of fiscal 2021. There were $1.77B in debt and $605.20M in liabilities at the time. Its Book Value Per Share was $44.10, while its Total Shareholder’s Equity was $2.60B.

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, 0 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 Buy with a score of 3.25.

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