Welcome to our dedicated page for MDC Holdings news (Ticker: MDC), a resource for investors and traders seeking the latest updates and insights on MDC Holdings stock.
MDC Holdings Inc. (MDC) delivers quality single-family homes through its Richmond American Homes brand, supported by integrated mortgage and title services. This news hub provides investors and industry observers with essential updates about the company's operations and financial developments.
Access official press releases covering quarterly earnings, strategic partnerships, and community development initiatives. Our curated collection enables stakeholders to track MDC's progress in residential construction markets across multiple U.S. regions.
Discover updates on operational milestones, leadership announcements, and sustainability efforts within the homebuilding sector. All content is verified through primary sources to ensure accuracy and timeliness for investment research purposes.
Bookmark this page for streamlined access to MDC's latest corporate communications. Check regularly for developments impacting residential construction trends and housing market dynamics.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of the Verbena and Wintergreen model homes at Willow Springs Ranch in Monument, Colorado. The event will take place on November 12, allowing prospective homebuyers to tour new models designed with modern layouts and features. Homes in this community start from the $400s and offer 3 to 4 bedrooms and sizes ranging from 1,640 to 2,010 sq. ft. The community is surrounded by protected wildlife habitats and offers easy access to shopping and dining, appealing to today's homebuyers.
M.D.C. Holdings, Inc. has expanded its solar leasing options to the Las Vegas area, allowing homebuyers the choice of leasing solar power systems or entering power purchase agreements. This initiative follows successful solar offerings in California and aims to support sustainability goals. Homebuyers in Las Vegas can potentially save on electricity costs with these agreements, locking in rates below current market prices. The company has already achieved significant environmental benefits, including savings of 89,616 tons in CO2 emissions through previously closed homes with solar panels.
M.D.C. Holdings, Inc. announces the grand opening of Bella at Piazza Serena in La Quinta, California, on November 5. This community features three single-story floor plans with 2 to 4 bedrooms, ranging from 2,440 to 2,830 sq. ft. Homebuyers can enjoy multi-generational suites and 3-car garages, with convenient access to local amenities like the Empire Polo Club. Tours are available from 10 a.m. to 6 p.m. on opening day. Interested buyers will have complimentary consultations with design consultants for customization options.
M.D.C. Holdings, Inc. (NYSE: MDC) is set to unveil two new neighborhoods, Alta and Soltera, at McSweeny Farms in Hemet, California, on November 5, 2022. These communities feature a variety of single- and two-story homes from the Seasons™ Collection, catering to diverse buyers. Model home tours will be available from 10 a.m. to 6 p.m. on the opening day. The masterplan offers prime access to highways, shopping, and recreational activities, alongside community amenities like a clubhouse and fitness center.
M.D.C Holdings, Inc. (NYSE: MDC) reported robust third-quarter 2022 results, with home sale revenues increasing 12% to $1.4 billion. Gross margins stood at 22.7%, while net income reached $144 million, or $1.98 per diluted share. Despite positive sales growth, the company faced challenges, including a significant 88% decline in new orders and a 970 basis point rise in cancellation rates. Executives noted the impact of economic uncertainties on buyer behavior, prompting a focus on cash flow and balance sheet preservation. MDC remains committed to navigating the current market conditions.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of new model homes, Dillon and Delaney, at Teton Ranch in Herriman, Utah, on October 29. The community features eight ranch and two-story floor plans, priced from the low $700s, with options for personalized designs. Homebuyers are invited for tours from 12 to 2 p.m. on the opening day, accompanied by a complimentary lunch. Teton Ranch offers homes with 2 to 7 bedrooms and close proximity to amenities and the Oquirrh Mountains.
Richmond American Homes, a subsidiary of M.D.C. Holdings (NYSE: MDC), will open the new community Seasons at Starview in Lancaster, California, on October 29, 2022. This development includes four single- and two-story floor plans priced from the low $500,000s, featuring 3 to 6 bedrooms and sizes from 1,750 to 3,040 sq. ft.. Model home tours will be available from 10 a.m. to 6 p.m. on the opening day. The community offers easy access to schools, shopping, and dining options, and buyers can customize their homes with design consultants.
M.D.C. Holdings, Inc. (NYSE: MDC) has declared a quarterly cash dividend of $0.50 per share on its common stock. This dividend will be payable on November 23, 2022 to shareholders on record as of November 9, 2022. As one of the leading homebuilders in the U.S., MDC's commitment to quality and customer satisfaction is reflected in its subsidiary's performance since its founding in 1972.
M.D.C. Holdings, Inc. (NYSE: MDC), via its subsidiary Richmond American Homes, has unveiled two new model homes at Seasons at Platte Place in Commerce City, Colorado. The ranch-style Alexandrite and two-story Lapis models feature modern layouts and luxury details to attract homebuyers. A Model Grand Opening Event is scheduled for October 22, 2022, from 12 to 3 p.m., offering free lunch and home tours. The home collection starts from the $500s and includes various flexible floor plans, with close access to schools, shopping, and major transport links.
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