MDC / M.D.C. Holdings: Awaiting Q3 Results To Validate If Earnings Normalization Phase Has Started

The headline numbers for M.D.C. Holdings, Inc. (MDC) give insight into how the company performed in the quarter ended September 2023, but it may be wo more_horizontal

M.D.C. Holdings, Inc. (MDC) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compare more_horizontal

The latest trading day saw M.D.C. Holdings, Inc. (MDC) settling at $39.23, representing a -0.28% change from its previous close. more_horizontal

Here is how M.D.C. Holdings, Inc. (MDC) and Meritage Homes (MTH) have performed compared to their sector so far this year. more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

In the closing of the recent trading day, M.D.C. Holdings, Inc. (MDC) stood at $39.93, denoting a +1.94% change from the preceding trading day. more_horizontal

Construction spending is steadily rebounding to normal, aided by investments in housing projects, which is helping stocks like Toll Brothers Inc. (TOL more_horizontal

The heavy selling pressure might have exhausted for M.D.C. Holdings, Inc. (MDC) as it is technically in oversold territory now. more_horizontal