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 reported strong Q4 2021 results, with home sale revenues rising 22% year-over-year to $1.44 billion. The company achieved a record $5.10 billion in annual revenues, with net income increasing by 56% to $573.7 million. Average selling prices grew by 17%, while backlogs surged 32% to $4.3 billion. The financial restructuring included retiring $126 million in debt. MDC anticipates continued demand in 2022, projecting home deliveries between 10,500 and 11,000 units. The quarterly dividend was raised by 35%, reflecting a robust cash position.
M.D.C. Holdings, a leading homebuilder in the U.S., announced the appointment of Janice Sinden to its board of directors. Sinden, currently the President & CEO of the Denver Center for the Performing Arts, brings extensive leadership experience from her role as Chief of Staff for Denver's Mayor. Her appointment aims to enhance the board's diversity and perspective.
The board plans to nominate Sinden for election at the 2022 Annual Meeting of Shareholders, reinforcing MDC's commitment to strong governance.
M.D.C. Holdings, Inc. (NYSE: MDC) has announced a quarterly cash dividend of $0.50 per share on its common stock. This dividend will be paid on February 23, 2022, to shareholders recorded on February 9, 2022. As one of the leading homebuilders in the United States, M.D.C. Holdings, under the name Richmond American Homes, has built over 220,000 homes since 1977, emphasizing quality and customer satisfaction.
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Richmond American Homes of Maryland, a subsidiary of M.D.C. Holdings (NYSE: MDC), is set to open the new Presley model home in Walnut Reserve, Owings Mills, on January 15-16, 2022. The two-story model features options like a gourmet kitchen and a deluxe owner's bath. Prices for new homes start in the mid $600s, with six floor plans available, including ranch-style options. The community is conveniently located near shopping, dining, and major highways. Homebuyers can customize their new homes with professional design consultants.
M.D.C. Holdings, operating as Richmond American Homes, is set to break ground on The Ridge at Carter's Station in Maury County, Tennessee, with sales expected to begin in Spring 2022. The new community will feature 124 homesites and various floor plans, including the Alexandrite and Hemingway. The development aims to cater to Nashville commuters, offering proximity to shopping and I-65. Richmond American emphasizes personalization in home design, enhancing buyer experience. This move signifies Richmond American's entry into the Nashville housing market.
Richmond American Homes of California, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the grand opening of three new model homes at Seasons at Stonebrook in Elk Grove on January 8-9, 2022. The community features ranch and two-story homes priced from the mid $600s, with five floor plans available, accommodating 3 to 6 bedrooms and 1,590 to 3,040 sq. ft. Amenities include proximity to Sacramento and numerous parks, alongside complimentary design consultations for home customization.
M.D.C. Holdings, Inc. (NYSE: MDC) announced that solar options are now available nationwide through its Richmond American Homes subsidiaries. This initiative follows successful solar implementations in California and Colorado, where 5,682 homes were built with solar panels, resulting in savings of 79,476 tons of CO2 emissions.
The company also introduced improved energy-reducing features such as efficient HVAC systems and electric vehicle charging prewiring. Solar options will not be available at Cityscape™ communities.
M.D.C. Holdings, Inc. (NYSE: MDC) will release its fourth quarter 2021 earnings on February 1, 2022, before the market opens. A teleconference is scheduled for 12:30 pm ET that day, accessible by calling 844-757-5733. A replay will be available until February 8, 2022. Investors can also access a live webcast on MDC's website. Founded in 1972, MDC is a leading homebuilder, having constructed over 220,000 homes and operates through subsidiaries like Richmond American Homes across major U.S. metropolitan areas.