building one dream at a time. from the beginning, our mission has been to help people attain the american dream. nearly 40 years and more than 180,000 single-family homes later, we haven’t lost sight of that vision. we’re committed to designing quality homes and strengthening the communities in which we build. what sets us apart? it's the personal approach we take to every aspect of the homebuying experience. after all, it isn’t just a house we’re building. it’s someone’s home. a place where memories are made and dreams are realized. our job is to create a unique experience for each and every customer. that’s what making it personal is all about. the richmond american homes companies’ parent corporation, m.d.c. holdings, inc., is listed on the new york stock exchange under the symbol “mdc.” m.d.c.’s subsidiaries also provide mortgage financing, insurance and title services, primarily for richmond american homebuyers, through homeamerican mortgage corporation, american home insura
Company profile
Ticker
MDC
Exchange
Website
CEO
Larry Mizel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MDC HOLDINGS INC
SEC CIK
Corporate docs
Subsidiaries
Allegiant Insurance Company, Inc. • American Home Insurance Agency, Inc. • American Home Title and Escrow Company • HomeAmerican Mortgage Corporation • M.D.C. Land Corporation • Richmond Developments Limited • RAH of Florida, Inc. • Richmond American Construction, Inc. • Richmond American Construction NM, Inc. • Richmond American Homes Corporation ...
IRS number
840622967
MDC stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
22 Mar 24
8-K
Other Events
22 Mar 24
8-K
Entry into a Material Definitive Agreement
8 Mar 24
DEFA14A
Additional proxy soliciting materials
7 Mar 24
DEFM14A
Proxy related to merger
4 Mar 24
DEFA14A
Additional proxy soliciting materials
4 Mar 24
8-K
Other Events
4 Mar 24
PREM14A
Preliminary proxy related to merger
23 Feb 24
8-K
Departure of Directors or Certain Officers
6 Feb 24
10-K
2023 FY
Annual report
30 Jan 24
Transcripts
MDC
Earnings call transcript
2023 Q3
26 Oct 23
MDC
Earnings call transcript
2023 Q2
27 Jul 23
MDC
Earnings call transcript
2023 Q1
2 May 23
MDC
Earnings call transcript
2022 Q4
31 Jan 23
MDC
Earnings call transcript
2022 Q3
27 Oct 22
MDC
Earnings call transcript
2022 Q2
28 Jul 22
MDC
Earnings call transcript
2022 Q1
28 Apr 22
MDC
Earnings call transcript
2021 Q4
2 Feb 22
MDC
Earnings call transcript
2021 Q3
28 Oct 21
MDC
Earnings call transcript
2021 Q2
29 Jul 21
Latest ownership filings
4
DAVID E BLACKFORD
15 Mar 24
4
DAVID E BLACKFORD
11 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
DAVID D MANDARICH
7 Mar 24
4
LARRY A MIZEL
6 Mar 24
4
HERBERT T BUCHWALD
1 Mar 24
4
PARIS G REECE III
1 Mar 24
4
DAVID D MANDARICH
1 Mar 24
4
Robert Nathaniel Martin
1 Mar 24
4
LARRY A MIZEL
29 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.36 bn | 1.36 bn | 1.36 bn | 1.36 bn | 1.36 bn | 1.36 bn |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 9.59 mm | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 57.43 mm | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 1.30 bn | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 136.0 | n/a |
Institutional ownership, Q3 2023
76.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 344 |
Opened positions | 56 |
Closed positions | 32 |
Increased positions | 120 |
Reduced positions | 115 |
13F shares | Current |
---|---|
Total value | 2.32 tn |
Total shares | 57.09 mm |
Total puts | 454.80 k |
Total calls | 146.50 k |
Total put/call ratio | 3.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.87 mm | $407.08 bn |
Vanguard | 6.98 mm | $287.98 bn |
Dimensional Fund Advisors | 5.56 mm | $229.06 bn |
STT State Street | 2.64 mm | $108.86 bn |
Capital World Investors | 2.00 mm | $82.50 bn |
PFG Principal Financial Group Inc - Registered Shares | 1.65 mm | $67.95 bn |
Hamlin Capital Management | 1.59 mm | $65.47 bn |
Pacer Advisors | 1.55 mm | $63.99 bn |
Charles Schwab Investment Management | 1.49 mm | $61.54 bn |
Geode Capital Management | 1.21 mm | $49.92 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | David E Blackford | Common Stock $.01 Par Value | Gift | Dispose G | No | No | 0 | 318 | 0.00 | 13,216 |
11 Mar 24 | David E Blackford | Common Stock $.01 Par Value | Sell | Dispose S | No | No | 62.69 | 6,200 | 388.68 k | 13,534 |
7 Mar 24 | Mandarich David D | Common Stock $.01 Par Value | Gift | Dispose G | No | No | 0 | 320,000 | 0.00 | 4,206,838 |
1 Mar 24 | Paris G Reece Iii | Common Stock $.01 Par Value | Other | Acquire J | Yes | No | 0 | 7,552 | 0.00 | 79,310 |
1 Mar 24 | Paris G Reece Iii | Common Stock $.01 Par Value | Other | Dispose J | No | No | 0 | 7,552 | 0.00 | 0 |
1 Mar 24 | Herbert T Buchwald | Common Stock $.01 Par Value | Other | Acquire J | Yes | No | 0 | 7,552 | 0.00 | 7,552 |
1 Mar 24 | Herbert T Buchwald | Common Stock $.01 Par Value | Other | Dispose J | No | No | 0 | 7,552 | 0.00 | 0 |
News
Raymond James Downgrades M.D.C. Holdings to Market Perform
7 Feb 24
Evercore ISI Group Downgrades M.D.C. Holdings: Here's What You Need To Know
31 Jan 24
Evercore ISI Group Downgrades M.D.C. Holdings to In-Line, Raises Price Target to $63
31 Jan 24
M.D.C. Holdings Q4 EPS $1.56 Beats $1.49 Estimate, Sales $1.35B Beat $1.29B Estimate
30 Jan 24
Earnings Scheduled For January 30, 2024
30 Jan 24
Press releases
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates TGAN, HMST, TAST, MDC
27 Mar 24
Richmond American Set to Build Homes in New Lake County Community
26 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates TAST, MDC, INBX
18 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates INBX, TAST, MDC, ANSS
16 Mar 24
M.D.C. HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of M.D.C. Holdings, Inc. - MDC
13 Mar 24