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.
This page provides a historical news feed for M.D.C. Holdings, Inc. (MDC), a U.S. homebuilding and related financial services company whose homebuilding subsidiaries operate under the Richmond American Homes name. Company press releases highlight the development and grand openings of new residential communities, as well as corporate transactions and capital markets actions.
News items frequently describe the launch of new neighborhoods and masterplans in states such as Idaho, California, Colorado, New Mexico, Florida and Arizona. These announcements detail features of specific communities, including ranch and two-story floor plans, offerings from the Seasons™ Collection, paired homes, designer-curated fixtures and finishes, and community amenities like clubhouses, pools, parks, trails and green space. Many releases also emphasize proximity to highways, schools, shopping, dining, recreation and regional attractions.
In addition to project-level updates, the news flow includes corporate developments affecting MDC and its investors. Notable examples are the completed acquisition of M.D.C. Holdings, Inc. by Sekisui House, Ltd., the planned delisting of MDC’s 6.000% Senior Notes due 2043 from the New York Stock Exchange and related deregistration of senior notes, and statements about the company’s role within the broader Sekisui House Group.
For readers researching the former MDC ticker, this news archive offers context on how M.D.C. Holdings, Inc. grew its Richmond American Homes operations across multiple states, the types of housing products and communities it promoted, and the key corporate events that culminated in its acquisition and delisting. Regularly reviewing these releases can help investors and industry observers understand the company’s historical strategy, geographic footprint and transformation into Sekisui House U.S., Inc.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of the Lapis model home in the new Seasons at Nester's Landing community, located in Essex, Maryland. The two-story model features premium finishes, including stainless-steel appliances and quartz countertops. Homebuyers can explore the Lapis model on September 10-11 from 10 a.m. to 6 p.m. The community offers new single-family homes starting in the low $500s, with up to 5 bedrooms, and provides convenient access to shopping and major highways. Interested buyers can customize their homes with professional design consultants.
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M.D.C. Holdings has announced the grand opening of two new model homes, Ammolite and Larimar, at Seasons at Carillon, Manor, Texas. The homes feature modern layouts and spacious owner suites. A Model Grand Opening Event will take place on September 10, 2022, offering complimentary lunch and prize drawings. The community showcases homes starting from the low $400s, with various floor plans and amenities including a clubhouse, pool, and parks. M.D.C. Holdings, a leading homebuilder, has built over 230,000 homes since 1977 and operates across multiple states.
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M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of a new model home, the Hemingway, in Clarks Rest, Leonardtown, Maryland, on August 13-14, 2022. This two-story model features 9' ceilings, quartz countertops, and hardwood flooring. Clarks Rest offers four floor plans priced from the low $500s, with amenities like a clubhouse, pools, and walking trails. Homebuyers can customize their homes with design consultants. The property is conveniently located near major urban centers and notable attractions.
M.D.C. Holdings has announced the grand opening of two model homes, Avalon and Arlington, at Haskins Station in Arvada, Colorado, on August 6, 2022. The fully furnished homes showcase optional finished basements, targeting prospective buyers. The community features various home styles, including single-family and paired homes, with plans offering up to 6 bedrooms and approximately 3,820 sq. ft. Located near public transportation, the masterplan aims to enhance convenience for homeowners.
M.D.C Holdings, Inc. (NYSE: MDC) reported a strong second quarter for 2022, with net income rising 23% to $189.5 million, or $2.59 per diluted share. Home sale revenues grew by 6% to $1.45 billion, despite a 7% decline in unit deliveries to 2,536. The gross margin on home sales increased by 370 basis points to 26.8%. However, net orders fell by 40% due to rising interest rates and a downturn in consumer confidence. The company maintains a solid financial position with a debt-to-capital ratio of 34% and $1.74 billion in liquidity, positioning it well for future challenges.
M.D.C. Holdings, Inc. (NYSE: MDC) announced a quarterly cash dividend of $0.50 per share, payable on August 24, 2022, to shareholders of record on August 10, 2022. The company, founded in 1972, has built over 230,000 homes and operates under the subsidiary name Richmond American Homes. MDC is a leading homebuilder across various U.S. metropolitan areas, focusing on customer satisfaction, quality, and value.
Richmond American Homes, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), announces the opening of new model homes, the Palmer and Dillon II, at Stone Haven at White Rock Springs Ranch in Folsom, CA, starting July 30. These homes feature four innovative floor plans, with pricing starting from the mid $900s. Prospective buyers can schedule tours on July 30 and 31. Each two-story home offers 4 to 7 bedrooms and up to 3,810 sq. ft., situated near various amenities and convenient access to Sacramento.