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MDC Holdings found using ticker (MDC) now has a total of 3 analysts covering the stock. The consensus rating is ‘Hold’. The price target ranges between 41 and 28 with an average TP of 32.33. Now with the previous closing price of 32.14 this would mean it has a potential upside of .6%. It has a 50-day moving average of 31.51, while the 200-day moving average is 33.55. The company has a market cap of $2,378 million. You can visit the company’s website by visiting: https://www.mdholdings.com
Based on the market consensus, the potential market cap would be $2,392 million.
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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 homebuilding operations in Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Maryland, Pennsylvania, Virginia, Tennessee and Florida. 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 and Virginia. MDC Holdings was founded in 1972 and is headquartered in Denver, Colorado.
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