MDC traded at $62.98 this Thursday April 18th, increasing $0.03 or 0.05 percent since the previous trading session. Looking back, over the last four weeks, MDC gained 0.48 percent. Over the last 12 months, its price rose by 68.67 percent. Looking ahead, we forecast MDC to be priced at 61.59 by the end of this quarter and at 57.62 in one year, according to Trading Economics global macro models projections and analysts expectations.
M.D.C. Holdings, Inc. is engaged in the business of homebuilding and financial services. The Company's segments include West, including segments located in Arizona, California, Nevada and Washington, and Oregon; Mountain, including segments located in Colorado and Utah; East, including segments located in the mid-Atlantic, which includes Virginia and Maryland, and Florida; mortgage operations, including HomeAmerican Mortgage Corporation, and Other, which includes Allegiant Insurance Company, Inc., StarAmerican Insurance Ltd., American Home Insurance Agency, Inc. and American Home Title and Escrow Company. The homebuilding operations consist of subsidiary companies that purchases finished lots or develop lots necessary for the construction and sale of single-family detached homes to first-time and first-time move-up homebuyers under the name Richmond American Homes. It also includes land acquisition and development, home construction, and sales and marketing, and customer service.