MDC Holdings – Consensus indicates a potential downside of -4.1%.

MDC Holdings found using ticker (MDC) now has a total of 2 analysts covering the stock. The consensus rating is ‘Hold’. The price target ranges between 43 and 28, calculating the average price target we see 35.5. Given that the stock’s previous close was at 37, that would mean it has a potential downside of -4.1%. It has a 50-day moving average of 35.8, and the 200-day moving average is 33.43. The company’s market cap is $2.664 million. You can visit the company’s website by visiting: https://www.mdholdings.com

The potential market cap would be $2.556 million based on the market consensus.

MDC Holdings, through its subsidiaries, is engaged in the business of housing development and financial services. Its home construction operations include the purchase of ready lots or the development of lots for construction and the sale of primarily single-family detached homes to first-time and first-time home buyers under the Richmond American Homes name. The company conducts its residential construction activities in Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee and Virginia. Its financial services operations include mortgage lending primarily to home buyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries and for work performed on completed subdivisions; acts as a claims reinsurer; selling third party personal property and casualty insurance products to homebuyers; and offering title agency services to subsidiaries and residential clients in Colorado, Florida, Maryland, Nevada, Pennsylvania and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado.