JP Morgan reiterated coverage on M.D.C. Holdings with a new price target
$MDC
Homebuilding
Consumer Discretionary
JP Morgan reiterated coverage of M.D.C. Holdings with a rating of Neutral and set a new price target of $49.00 from $66.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/31/2024 | $57.00 → $63.00 | Outperform → In-line | Evercore ISI |
| 11/2/2023 | $49.00 | Neutral → Buy | Seaport Research Partners |
| 7/14/2023 | $55.00 | Mkt Perform → Outperform | Raymond James |
| 6/14/2023 | Neutral | Seaport Research Partners | |
| 11/22/2022 | $27.00 → $28.00 | Neutral → Underweight | JP Morgan |
| 10/21/2022 | Strong Buy → Mkt Perform | Raymond James | |
| 6/17/2022 | $27.00 | Equal Weight → Underweight | Wells Fargo |
| 3/10/2022 | $66.00 → $49.00 | Neutral | JP Morgan |
Evercore ISI downgraded MDC Holdings from Outperform to In-line and set a new price target of $63.00 from $57.00 previously
Seaport Research Partners upgraded MDC Holdings from Neutral to Buy and set a new price target of $49.00
Raymond James upgraded MDC Holdings from Mkt Perform to Outperform and set a new price target of $55.00
DENVER, Jan. 30, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE:MDC), announced results for the quarter and full year ended December 31, 2023. As previously announced on January 18, 2024, MDC has entered into a definitive agreement to be acquired by a wholly-owned subsidiary of Sekisui House in an all-cash transaction (the "Merger"). Consummation of the Merger is subject to shareholder approval, regulatory approval and completion of other customary closing conditions. About MDCM.D.C. Holdings, Inc. was founded in 1972. MDC's homebuilding subsidiaries, which operate under the
DENVER, Jan. 22, 2024 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE:MDC), today announced that it will no longer hold its 2023 fourth quarter earnings conference call originally scheduled for Tuesday, January 30, 2024, at 12:30 p.m. Eastern Time. As previously announced on January 18, 2024, MDC has entered into a definitive agreement to be acquired by a wholly-owned subsidiary of Sekisui House in an all-cash transaction. MDC will issue its 2023 fourth quarter earnings press release as planned on January 30, 2024, before the market opens. About MDC M.D.C. Holdings, Inc. was founded in 1972. MDC's homebuilding subsidiaries, which operate under the name Richmond American Homes, have helped more
Expands Presence to 15,067 Combined Home Closings Across 16 States Advances Sekisui House Global Vision to "Make Home the Happiest Place in the World" M.D.C. Holdings Shareholders to Receive $63.00 Per Share in All-Cash Transaction Valued at $4.9 Billion 19% Premium to January 17, 2024 Closing Stock Price and 41% Premium to 90-Day VWAP OSAKA, Japan and DENVER, Jan. 18, 2024 /PRNewswire/ -- Sekisui House, Ltd. ("Sekisui House") (TSE:1928), a top-tier house manufacturer in Japan having delivered over 2.62 million homes worldwide since its establishment, and M.D.C. Holdings, Inc. ("MDC") (NYSE:MDC), one of the leading homebuilders in the U.S. delivering high-quality homes over the past 50 years
4 - M.D.C. HOLDINGS, INC. (0000773141) (Issuer)
4 - M.D.C. HOLDINGS, INC. (0000773141) (Issuer)
4 - M.D.C. HOLDINGS, INC. (0000773141) (Issuer)
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8-K - M.D.C. HOLDINGS, INC. (0000773141) (Filer)
Timberline offers new energy-efficient homes with open layouts and designer details MERIDIAN, Idaho , Oct. 17, 2024 /PRNewswire/ -- Richmond American Homes of Idaho, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE:MDC), is excited to announce the Grand Opening of Timberline (RichmondAmerican.com/Timberline), a vibrant new Treasure Valley community. This notable neighborhood will offer an array of ranch and two-story homes showcasing professionally curated fixtures and finishes (RichmondAmerican.com/Curated). Grand Opening Event (RichmondAmerican.com/TimberlineGO) Prospecti
Seasons at Riverton North & South are now selling in Plumas Lake! PLUMAS LAKE, Calif., Aug. 30, 2024 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C. Holdings, Inc. (NYSE:MDC), is pleased to announce that Seasons at Riverton (RichmondAmerican.com/SeasonsAtRiverton) is now open for sales in Plumas Lake. Featuring two exciting communities, this exceptional new masterplan offers ranch and two-story floor plans from the builder's sought-after Seasons™ Collection, designed to maximize space and make homeownership more attainable for a variety of buyers.
Autumnwood at Harvest at Limoneira is set to debut this Saturday in Santa Paula SANTA PAULA, Calif., Aug. 6, 2024 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C. Holdings, Inc. (NYSE:MDC), is pleased to announce the grand opening of Autumnwood (RichmondAmerican.com/Autumnwood), an exciting addition to the Harvest at Limoneira masterplan in Santa Paula. Scheduled to open on Saturday, August 10, this exceptional new Ventura County community boasts four inspired two-story floor plans with the open layouts and designer details today's homebuyers are seeking.
NEW YORK, April 17, 2024 /PRNewswire/ -- Duolingo Inc. (NASD:DUOL) will replace Cable One Inc. (NYSE:CABO) in the S&P MidCap 400, and Cable One will replace MDC Holdings Inc. (NYSE:MDC) in the S&P SmallCap 600 effective prior to the opening of trading Monday, April 22. Sekisui House Ltd. is acquiring MDC Holdings in a transaction expected to be completed on April 19, pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector April 22, 2024 S&P MidCap 400 Addition Duolingo DUOL Consumer Discretionary S&P MidCap 400 Deletion Cable One CABO Commu
DENVER, Dec. 14, 2022 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE:MDC), one of the nation's leading homebuilders, today announced that its Board of Directors, on the recommendation of the Corporate Governance/Nominating Committee, increased the number of directors on the Board from ten to eleven, appointed Rafay Farooqui as a Class II Director to fill the vacancy on the Board and nominated Mr. Farooqui for election as a Class II Director at the 2023 Annual Meeting of Shareholders. Mr. Farooqui is the Founder & CEO of +SUBSCRIBE, a fintech leader providing a unified private mar
DENVER, Jan. 25, 2022 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE:MDC), one of the nation's leading homebuilders, today announced that its board of directors, on the recommendation of the Corporate Governance/Nominating Committee, appointed Janice Sinden to fill the Class I vacancy on the Board and nominated Ms. Sinden for election as a Class I Director at the 2022 Annual Meeting of Shareholders. Ms. Sinden is the President & CEO of the Denver Center for the Performing Arts ("DCPA"). Prior to joining the DCPA, she served as Chief of Staff for Denver Mayor Michael B. Hancock wh
Cable One will replace MDC Holdings in the S&P SmallCap 600 effective prior to the opening of trading Monday, April 22. Sekisui House Ltd. is acquiring MDC Holdings in a transaction expected to be completed on April 19, pending final conditions.
The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors. Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory, as showed by the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE:LQD). Conversely, lower-rated companies boasting higher yields showed modestly positive performance, as indicated by the iShares iBoxx $ High Yield Corporate Bond ETF (NYSE:HYG). Also Read: Top 10 US High-Yield Corporate Bonds With Returns Over 20% In April 2024 Below is a list of U.S. corporate bonds that have ex
M.D.C. Holdings, Inc. ("MDC") (NYSE: MDC), today announced that its stockholders have approved a proposal to adopt the merger agreement entered into between MDC and Sekisui House, Ltd. ("Sekisui House") at its Special Meeting of Stockholders. As previously announced, under the terms of the agreement, MDC stockholders will receive US$63.00 per share in cash in connection with the closing of the transaction. MDC expects to complete the transaction in the second quarter of 2024, subject to the satisfaction of customary closing conditions.Larry Mizel, Founder and Executive Chairman and David Mandarich, President, CEO and Director of MDC said, "We appreciate our stockholders' support of this tran