Analyst Ratings for M.D.C. Holdings Inc. (MDC)

Updated: 2017-07-26

Shares of M.D.C. Holdings Inc. (NYSE:MDC) have received a consensus rating of Underweight from Wall Street analysts. MDC had previously received a consensus rating of Underweight a month ago.

0 analysts declared MDC a buy, 0 gave an overweight rating, 5 gave a hold rating, 1 issued an underweight rating, and 3 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

MDC was given price targets by several analysts. The highest price target was 35, which equates to a potential upside of -0.99 percent. The lowest price target was 26, which equates to a potential downside of -26.45 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.11 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.59 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.44 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

MDC has an estimated earnings growth rate of 12.53 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MDC is 1.25.

MDC has a 52-week high of 36.92 and a 52-week low of 21.25. The current market price is above the trailing year's low by 66.35 percent, and below the high by 4.25 percent. MDC has a price/earnings ratio of 15.72. Investors typically compare the P/E ratio to a company's peers in the industry. The MDC value stock report compares MDC to some of its peers using value stock charts. The stock has a market capitalization of $1.84 billion. MDC's next earnings release will be on 0000-00-00, which is days away.