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 most optimistic analyst gave a price target of 35, implying a possible profit of -0.99 percent. The minimum price target given was 26, implying a possible loss of -26.45 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -3.11 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.59 percent, compared to last month. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

MDC has an estimated earnings growth rate of 12.53 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MDC is 1.25.

MDC has traded between a high of 36.92 and a low of 21.25 over the past year. 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 will post this quarters earnings in days, on 0000-00-00.