Stock Information
$36.05 + 0.30
Volume: 527,100
4:02 PM ET
Information provided by eSignal.
Message from Management Team
At MDC, we do not believe in mediocrity. Our experience, leadership and disciplined approach to business have given us the competitive edge needed to succeed in an ever evolving industry. These characteristics have helped to sustain us through a turbulent economic period and will pave the way as we seek to take advantage of an eventual recovery.
Our business judgment comes not only from building homes for more than 160,000 families over almost four decades, but also from the hands-on experience our two senior leaders have gained during their combined 70 years at MDC.
Given the strength of our balance sheet and our willingness to employ innovative ideas to better our business, we have expanded our focus on continued process improvements by launching a company-wide initiative to re-evaluate, transform and streamline our core business practices. Preparation for future growth, enhanced efficiency, standardization and scalability are the primary goals of this undertaking. Our intention is to contribute to the long-term value of our company as we continue to look for opportunities to invest the capital available to us.
We want to extend our appreciation to our employees, subcontractors, customers, business associates and shareowners for their continued support in our ongoing pursuit of operational excellence.
Sincerely,
Larry A. Mizel
Chairman and CEO