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.
M.D.C. Holdings, Inc. news covers the former NYSE-listed homebuilder and its Richmond American Homes subsidiaries, including new community openings, master-planned neighborhoods and floor-plan collections in U.S. housing markets. Company updates commonly describe ranch, two-story and paired-home offerings, designer-curated finishes, model-home events and the geographic expansion of Richmond American communities.
MDC was acquired by Sekisui House in 2024 and later delisted from the NYSE. Its historical operating profile also includes affiliated mortgage lending, insurance and title services through HomeAmerican Mortgage Corporation, American Home Insurance Agency and American Home Title and Escrow Company.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the Grand Opening of four new home communities across the Bay Area, scheduled for August 15 and 16. The featured communities include Northpointe at Stanford Crossing, Middlefield at Delaney Park, Cerrito at Vanden Estates, and The Preserve at Kessing Ranch. Homes range from the low $300s to mid $700s, with various amenities such as community parks, walking trails, and close proximity to essential infrastructure. Interested homebuyers can schedule private tours to explore model homes.
M.D.C. Holdings, Inc. (NYSE: MDC) announced the grand opening of the new Yorktown model home at the Rancho Cascabel community in Southwest Tucson on August 1-2. This neighborhood features versatile floor plans starting from the mid $200s, including ranch and two-story options with customization possibilities. The model home offers 3 to 5 bedrooms and up to approximately 2,930 sq. ft. The community is conveniently located 10 miles from downtown Tucson, close to shopping, dining, and outdoor activities.
M.D.C Holdings, Inc. (NYSE: MDC) reported a strong second quarter in 2020, with net income rising 55% to $84.4 million, or $1.31 per diluted share. Home sale revenues climbed 21% to $886.8 million, driven by a 25% increase in unit deliveries to 1,900. The company experienced a 5% rise in unit net orders year-over-year and a notable 53% increase in June. Liquidity remains robust at $1.52 billion, with a positive outlook for home deliveries of 7,700 to 8,000 for the year. A quarterly dividend of $0.33 per share was also declared, marking a 10% increase from 2019.
M.D.C. Holdings, Inc. (NYSE: MDC) has declared a quarterly cash dividend of $0.33 per share, set for payment on August 26, 2020. Shareholders of record as of August 12, 2020 will receive this dividend. Founded in 1972, MDC is a major player in the U.S. homebuilding market, operating under the Richmond American Homes brand. The company has successfully built and financed over 210,000 homes since its inception.
Richmond American Homes of California, a subsidiary of M.D.C. Holdings (NYSE: MDC), has announced the Grand Opening of two model homes in its Seasons at Luna Road community in Victorville, California, on July 11 and 12, 2020. The new neighborhood features four ranch and two-story floor plans from the Seasons Collection, priced from the low $300s. Each home ranges from approximately 2,080 to 3,040 sq. ft. and offers 3 to 6 bedrooms. The community provides easy access to major highways, shopping, and recreation areas, along with the opportunity for homebuyers to customize their new homes with design consultants.
M.D.C. Holdings, Inc. (NYSE: MDC) will release its 2020 second quarter earnings before market opens on July 28, 2020. A teleconference will follow at 12:30 pm ET, accessible by calling 866-652-5200. A replay will be available until August 4, 2020. Investors can also listen to a live webcast on the company’s website. Founded in 1972, MDC is a major homebuilder in the U.S., having built over 210,000 homes through its subsidiary, Richmond American Homes, emphasizing quality and customer satisfaction.
M.D.C. Holdings, trading as MDC, has announced the acquisition of 128 homesites for a new community named Spring Creek in Leesburg, Florida. This community is set to open in 2020, featuring floor plans from the popular Seasons™ Collection, which includes both ranch and two-story designs. Construction is expected to start in summer 2020, offering personalized design options and a range of amenities for future residents, including easy access to key locations like the Florida Turnpike and Orlando International Airport.
Richmond American Homes of Florida, a subsidiary of M.D.C. Holdings, has launched Seasons at Vista Del Lago in Dundee, FL, now open for sales. This community features six floor plans from the Seasons™ Collection, with homes starting in the low $200s. The properties range from 3 to 6 bedrooms and offer customizable features. Located near popular attractions like Bok Tower Gardens and Lego Land, Seasons at Vista Del Lago is designed for versatility and modern living, catering to a wide range of buyers.