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.

Several price targets were given for MDC by the analysts covering the stock. The most optimistic price target was 35, which equates to a potential upside of -0.99 percent. The lowest price target 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. That number becomes -3.11 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. MDC has a PEG ratio of 1.25.

In the last 52-weeks, MDC has achieved a high of 36.92 and a low of 21.25. The current market price is above the trailing year's low by 66.35 percent, and 4.25 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.