On 1/18/24, M.D.C. Holdings Inc. (NYSE: MDC) stock enjoyed a major increase of 18.4%, closing at $62.84. Moreover, trading volume in this advance was exceptionally high at 1472% of normal. The stock has risen 16.0% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MDC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
M.D.C. Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. M.D.C. Holdings has a good Appreciation Score of 81 and a very high Power Rating of 85, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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