M D C Holdings Inc (MDC) Forecast, Price Target & Analyst Ratings

NYSE:MDCUS5526761086

Current stock price

62.98 USD
+0.03 (+0.05%)
At close:
62.98 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for M D C Holdings Inc (MDC).

Forecast Snapshot

Consensus Price Target

Price Target
$58.14
-7.68% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 25, 2024
Period
Q1 / 2024
EPS Estimate
$1.07
Revenue Estimate
1.24B

ChartMill Buy Consensus

Rating
48.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$58.14
Upside
-7.68%
From current price of $62.98 to mean target of $58.14, Based on 12 analyst forecasts
Low
$51.51
Median
$58.14
High
$66.15

Price Target Revisions

1 Month
-3.39%
3 Months
8.37%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for MDC. The average price target is 58.14 USD. This implies a price decrease of -7.68% is expected in the next year compared to the current price of 62.98.
The average price target has been revised upward by 8.37% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

MDC Current Analyst RatingMDC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

MDC Historical Analyst RatingsMDC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
48.33%
MDC was analyzed by 12 analysts. The buy percentage consensus is at 48. So analysts seem to be rather neutral about MDC.
In the previous month the buy percentage consensus was at a similar level.
MDC was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-02-07Raymond JamesDowngrade Outperform -> Market Perform
2024-01-31Evercore ISI GroupDowngrade Outperform -> In-Line
2023-12-01Raymond JamesMaintains Outperform -> Outperform
2023-11-02Seaport GlobalUpgrade Neutral -> Buy
2023-11-02JP MorganMaintains Underweight -> Underweight
2023-08-03Raymond JamesMaintains Outperform -> Outperform
2023-07-31WedbushMaintains Neutral -> Neutral
2023-07-14Raymond JamesUpgrade Market Perform -> Outperform
2023-06-14Seaport GlobalInitiate Neutral
2023-05-03WedbushReiterate Neutral
2023-03-06JP MorganMaintains Underweight
2022-11-22JP MorganDowngrade Neutral -> Underweight
2022-11-03JP MorganMaintains Neutral
2022-10-21Raymond JamesDowngrade Strong Buy -> Market Perform
2022-08-01Raymond JamesMaintains Strong Buy
2022-07-12JP MorganMaintains Neutral
2022-06-17Wells FargoDowngrade Equal-Weight -> Underweight
2022-04-13JP MorganMaintains Neutral
2022-03-10JP MorganMaintains Neutral
2021-11-08Raymond JamesMaintains Strong Buy
2021-10-14JP MorganDowngrade Overweight -> Neutral
2021-08-19Raymond JamesMaintains Strong Buy
2021-04-16Wells FargoInitiate Equal-Weight
2021-03-16Wolfe ResearchInitiate Peer Perform
2021-03-12B of A SecuritiesDowngrade Neutral -> Underperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 25, 2024
Period
Q1 / 2024
EPS Estimate
$1.07
Revenue Estimate
1.24B
Revenue Q2Q
18.15%
EPS Q2Q
-1.34%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
8.96%
Revenue (3 Months)
12.73%
EPS (1 Month)
2.76%
EPS (3 Months)
9.52%

Next Earnings Summary

MDC is expected to report earnings on 7/25/2024. The consensus EPS estimate for the next earnings is 1.07 USD and the consensus revenue estimate is 1.24B USD.
The next earnings revenue estimate has been revised upward by 12.73% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.

Full Analyst Estimates 2024 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025
Revenue
YoY % growth
MDC revenue by date.MDC revenue by date.
5.255B
34.69%
5.718B
8.82%
4.643B
-18.80%
4.932B
6.23%
5.356B
8.60%
EBITDA
YoY % growth
MDC ebitda by date.MDC ebitda by date.
803.8M
64.01%
923.8M
14.93%
491.096M
-46.84%
569.64M
15.99%
535.3M
-6.03%
EBIT
YoY % growth
MDC ebit by date.MDC ebit by date.
772.1M
66.80%
896M
16.05%
465.543M
-48.04%
504.8M
8.43%
510.05M
1.04%
Operating Margin
MDC operating margin by date.MDC operating margin by date.
14.69%15.67%10.03%10.24%9.52%
EPS
YoY % growth
MDC eps by date.MDC eps by date.
8.00
55.68%
7.67
-4.13%
5.28
-31.16%
5.19
-1.74%
5.58
7.46%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth
1.07
-1.34%
1.49
20.14%
1.42
1.36%
1.52
-2.56%
1.04
-2.75%
1.40
-5.69%
1.45
1.92%
1.79
17.54%
Revenue
Q2Q % growth
1.24B
18.15%
1.374B
20.94%
1.166B
4.97%
1.314B
-2.41%
1.017B
-17.98%
1.344B
-2.18%
1.407B
20.67%
1.588B
20.85%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
122.01M
23.87%
147.36M
40.48%
118.78M
-2.16%
144.53M
2.68%
N/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MDC Yearly Revenue VS EstimatesMDC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
MDC Yearly EPS VS EstimatesMDC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

M D C Holdings Inc / MDC Forecast FAQ

What is the average price target for M D C Holdings Inc (MDC) stock?

12 analysts have analysed MDC and the average price target is 58.14 USD. This implies a price decrease of -7.68% is expected in the next year compared to the current price of 62.98.

What is the next earnings date for MDC stock?

M D C Holdings Inc (MDC) will report earnings on 2024-07-25, after the market close.

What are the consensus estimates for MDC stock next earnings?

The consensus EPS estimate for the next earnings of M D C Holdings Inc (MDC) is 1.07 USD and the consensus revenue estimate is 1.24B USD.