EPS for M.D.C. Holdings, Inc. (MDC) Expected At $0.97

September 30, 2018 - By Jack Shaw

M.D.C. Holdings, Inc. (NYSE:MDC) LogoInvestors sentiment increased to 1.04 in 2018 Q2. Its up 0.04, from 1 in 2018Q1. It improved, as 24 investors sold M.D.C. Holdings, Inc. shares while 66 reduced holdings. 35 funds opened positions while 59 raised stakes. 43.23 million shares or 5.72% less from 45.86 million shares in 2018Q1 were reported.
Botty Investors Ltd Liability has invested 0.13% in M.D.C. Holdings, Inc. (NYSE:MDC). 43,764 were reported by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt. Burney accumulated 0.53% or 292,442 shares. Prudential Fincl owns 0.01% invested in M.D.C. Holdings, Inc. (NYSE:MDC) for 116,537 shares. Pinebridge Investments Limited Partnership owns 0.03% invested in M.D.C. Holdings, Inc. (NYSE:MDC) for 40,787 shares. Morgan Stanley holds 266,645 shares or 0% of its portfolio. Pitcairn Commerce holds 0.03% of its portfolio in M.D.C. Holdings, Inc. (NYSE:MDC) for 8,392 shares. Polar Limited Liability Partnership has invested 0.17% in M.D.C. Holdings, Inc. (NYSE:MDC). Zacks Mgmt has 41,108 shares for 0.03% of their portfolio. Bluemountain Cap Ltd Liability Corporation holds 982 shares. Moreover, Cornercap Invest Counsel has 0.11% invested in M.D.C. Holdings, Inc. (NYSE:MDC) for 25,562 shares. Fmr reported 0% stake. Louisiana State Employees Retirement System accumulated 0.03% or 20,100 shares. California-based Brandes Prtn Ltd Partnership has invested 0.37% in M.D.C. Holdings, Inc. (NYSE:MDC). 161,797 were reported by Invesco.

Since May 4, 2018, it had 0 insider purchases, and 11 sales for $11.22 million activity. The insider Berman Michael A sold 8,350 shares worth $272,210. Shares for $331,500 were sold by MIZEL LARRY A on Wednesday, August 22. The insider Martin Robert Nathaniel sold 9,000 shares worth $287,190. $69,701 worth of M.D.C. Holdings, Inc. (NYSE:MDC) was sold by BLACKFORD DAVID E on Friday, May 4. Siegel David also sold $82,220 worth of M.D.C. Holdings, Inc. (NYSE:MDC) on Monday, May 7.

Analysts expect M.D.C. Holdings, Inc. (NYSE:MDC) to report $0.97 EPS on November, 1.They anticipate $0.10 EPS change or 9.35 % from last quarter’s $1.07 EPS. MDC’s profit would be $54.73M giving it 7.62 P/E if the $0.97 EPS is correct. After having $1.12 EPS previously, M.D.C. Holdings, Inc.’s analysts see -13.39 % EPS growth. The stock increased 0.24% or $0.07 during the last trading session, reaching $29.58. About 289,480 shares traded. M.D.C. Holdings, Inc. (NYSE:MDC) has risen 10.06% since September 30, 2017 and is uptrending. It has underperformed by 5.56% the S&P500.

M.D.C. Holdings, Inc. (NYSE:MDC) Ratings Coverage

Among 6 analysts covering MDC Holdings (NYSE:MDC), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. MDC Holdings had 7 analyst reports since May 4, 2018 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Neutral” on Friday, July 13. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) has “Buy” rating given on Friday, May 4 by Zelman. The firm has “Buy” rating by Bank of America given on Thursday, August 2. The company was maintained on Tuesday, May 8 by Raymond James. JP Morgan downgraded it to “Underweight” rating and $32 target in Friday, September 21 report. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) has “Neutral” rating given on Thursday, August 2 by Wedbush. UBS maintained the shares of MDC in report on Friday, May 4 with “Buy” rating.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial service businesses in the United States. The company has market cap of $1.67 billion. The Company’s homebuilding activities include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. It has a 9.04 P/E ratio. The firm conducts its homebuilding activities in Arizona, California, Nevada, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey.

M.D.C. Holdings, Inc. (NYSE:MDC) Institutional Positions Chart

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