News
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Oct 5, 2004* Quarterly orders for 2,925 homes
M.D.C. Holdings, Inc. today announced that it received orders, net of cancellations, for 2,925 homes and 11,586 homes, respectively, during the third quarter and first nine months of 2004,...
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Sep 30, 2004
M.D.C. Holdings, Inc. today announced that it plans to release its 2004 third quarter earnings after the market closes on Monday, October 11, 2004. A synchronized slide show and audio presentation...
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Sep 22, 2004* EPS should exceed $2.64 for third quarter; significantly above $3.00 for fourth quarter
M.D.C. Holdings, Inc. (NYSE/PCX: MDC), in preparation for meetings with the investment community later this week, today announced that its earnings per share for the 2004 third quarter is expected...
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Sep 20, 2004
M.D.C. Holdings, Inc. announced that it will be making a presentation at the 2004 Meyers Group & Credit Suisse First Boston Homebuilder Forum to be web cast live Thursday, September 23, 2004, at...
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Sep 17, 2004* Acquired control of more than 2,000 lots in Jacksonville
M.D.C. Holdings, Inc. (NYSE/PCX: MDC), whose subsidiaries build homes under the name "Richmond American Homes," today announced that it has acquired certain real estate assets of Watson Home...
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Aug 17, 2004- Fourth Southern California Division Created to Facilitate Continued Growth in the Region -
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," today announced that Michael Vairin has joined the Company as president of its new Inland Empire...
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Jul 27, 2004
M.D.C. Holdings, Inc. today announced that its board of directors has declared a cash dividend of fifteen cents ($.15) per share for the second quarter ended June 30, 2004. The cash dividend will...
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Jul 12, 2004* Net income of $82.6 million, highest for any quarter
M.D.C. Holdings, Inc. today announced net income for the three months ended June 30, 2004 of $82.6 million, or $2.43 per share, the highest for any quarter in the Company's history and 93% above...
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Jul 6, 2004* Quarterly orders for 4,232 homes, a 16% year-over-year increase
M.D.C. Holdings, Inc. today announced the highest level of home orders for any second quarter and first six months in the Company's history. The Company received orders, net of cancellations, for...
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Jun 22, 2004
M.D.C. Holdings, Inc. today announced, in preparation for meetings with the investment community throughout this week, that it expects earnings per share for the three months ended June 30, 2004...
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Jun 1, 2004- Company Promotes Lou Smith to Regional President for Arizona -
M.D.C. Holdings, Inc. , one of the nation's top homebuilders and whose subsidiaries build homes under the name "Richmond American Homes," today announced that Jim Ratkovic has been named president...
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May 21, 2004
M.D.C. Holdings, Inc. announced that it will be making a presentation at the Credit Suisse First Boston 2004 Small Cap Conference to be webcast live Wednesday, May 26, 2004, at 9:30 a.m. EDT. The...
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May 3, 2004
M.D.C. Holdings, Inc. announced that it will be making a presentation at the Smith Barney Citigroup Small and Mid-Cap Conference to be webcast live Thursday, May 6, 2004, at 1:45 p.m. PDT. The...
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Apr 27, 2004
M.D.C. Holdings, Inc. today announced that its board of directors has declared a cash dividend of fifteen cents ($.15) per share for the first quarter ended March 31, 2004. Including the impacts...
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Apr 22, 2004- Preview Sales Offered at Timber Creek of Naperville -
Richmond American Homes of Illinois, Inc. today announced its grand opening for preview sales in Timber Creek of Naperville, scheduled for May 1, 2004. Located in the southwest suburbs of Chicago,...
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Apr 12, 2004* Record first quarter net income of $60.9 million, up 64% * Earnings per share of $1.79 vs. $1.12 a year ago * Highest first quarter homebuilding revenues and operating profits in Company history * Record home orders, home closings and quarter-end backlog * Home gross margins of 26.2%, up 340 basis points * Net debt-to-capital ratio of .27
M.D.C. Holdings, Inc. today announced net income for the three months ended March 31, 2004 of $60.9 million, or $1.79 per share, the highest first quarter net income in the Company's history and...
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Apr 12, 2004
M.D.C. Holdings, Inc. today announced that it has renewed its existing $600 million unsecured bank credit facility, increasing the aggregate commitment amount to $700 million and extending the...
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Apr 5, 2004* Quarterly orders for 4,429 homes, highest in MDC's history; a 32% year-over-year increase
M.D.C. Holdings, Inc. today announced the highest level of home orders for any quarter in the Company's history. The Company received orders, net of cancellations, for 4,429 homes during the first...
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Mar 31, 2004
M.D.C. Holdings, Inc. today announced that it plans to release its 2004 first quarter earnings after the market closes on Monday, April 12, 2004. A synchronized slide show and audio presentation...
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Mar 29, 2004
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," today announced the appointment of Bill Pizor to president of the Company's Tampa division. Mr....
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Mar 2, 2004
M.D.C. Holdings, Inc. today announced that it received 2,685 home orders in January and February 2004, the best start for a first quarter in MDC's history and an increase of 36% over the 1,981...
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Mar 1, 2004
M.D.C. Holdings, Inc. announced that it will be making a presentation at the Smith Barney Citigroup 17th Annual Global Industrial Manufacturing Conference to be Webcast live Tuesday, March 9,...
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Dec 17, 2003
M.D.C. Holdings, Inc. today announced that it has completed the issuance and sale of an additional $200 million principal amount of 5 1/2% senior notes due May 2013. MDC used the proceeds of the...
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Dec 9, 2003
M.D.C. Holdings, Inc. today announced that it plans to issue an additional $200 million principal amount of its existing 5 1/2% Senior Notes due 2013 (the "2013 Notes"). The 2013 Notes are general...
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Dec 8, 2003
M.D.C. Holdings, Inc. today announced that it received 1,958 home orders in October and November 2003, the best fourth quarter start in MDC's history and an increase of 39% over the 1,409 home...
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Nov 26, 2003Denver Homebuilder's Grant Supports Patients, Survivors and Their Families
M.D.C. Holdings, Inc. will continue its longstanding support of the annual Day of Caring for Breast Cancer Awareness as the Title Sponsor of the Denver conference for the next three years. The Day...
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Nov 6, 2003
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," today announced the promotion of Doug Moran to president of the Company's new Jacksonville...
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Nov 5, 2003
M.D.C. Holdings, Inc. today announced that Standard & Poor's ("S&P") has upgraded the Company's corporate credit and senior debt ratings to an investment grade "BBB-" from "BB+." In its...
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Oct 20, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a cash dividend of twelve and one-half cents ($.125) per share for the quarter ended...
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Oct 9, 2003- Net income of $65.5 million, highest for any quarter
M.D.C. Holdings, Inc. today announced net income for the three months ended September 30, 2003 of $65.5 million, or $2.16 per share, the highest quarterly net income in the Company's history and...
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Oct 2, 2003* Quarterly orders for 2,910 homes, a 19% year-over-year increase * Closed 3,113 homes, highest for any quarter and a 37% year-over-year increase * Backlog of 6,277 homes with estimated sales value of $1.650 billion * Company expects 2003 third quarter earnings to exceed highest analyst estimates
M.D.C. Holdings, Inc. today announced the highest third quarter and nine-month home orders and home closings in the Company's history. The Company received orders, net of cancellations, for 2,910...
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Sep 22, 2003* Acquisition significantly increases Company presence in Florida * Enhanced geographic diversification of operations * Over 550 lots and 165 homes under construction purchased
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," today announced that it has acquired substantially all of the assets of Crawford Homes, Inc., one...
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Sep 17, 2003- Rapid Growth Leads to Promotion of Ernie Belair to President Of Las Vegas North Division -
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," today announced that its Las Vegas division has been split into two divisions: Las Vegas North and...
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Sep 11, 2003- Colorado-Based Homebuilder Raised $1.1 Million for 9/11 Victims -
M.D.C. Holdings, Inc. has been presented the Extraordinary Service to Humanity Award by the Bear Search and Rescue Foundation of New York, an organization dedicated to the welfare of canine and...
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Aug 25, 2003- 20-Year Veteran Attests to Company's Dedication to Salt Lake City Market -
M.D.C. Holdings, Inc. , one of the nation's top homebuilders and whose subsidiaries build homes under the name "Richmond American Homes," today announced the promotion of John Stubbs, former vice...
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Aug 20, 2003
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," today announced its expansion into the San Antonio market. Jack Strong has joined the Company as...
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Aug 4, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a cash dividend of twelve and one-half cents ($.125) per share for the second quarter...
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Jul 29, 2003
M.D.C. Holdings, Inc. ( www.richmondamerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced its expansion into the Chicago market. Daniel J....
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Jul 17, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced its expansion into the West Florida market. Gene Lanton...
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Jul 15, 2003- Record second quarter net income of $42.7 million
M.D.C. Holdings, Inc. ( www.richmondamerican.com ) today announced net income for the three months ended June 30, 2003 of $42.7 million, or $1.43 per share, 24% higher than net income of $34.3...
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Jul 8, 2003
M.D.C. Holdings, Inc. ( www.richmondamerican.com ) today announced that it will release second quarter 2003 earnings on Tuesday, July 15, 2003, prior to the market opening. A synchronized slide...
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Jul 2, 2003- Quarterly orders of 3,665 homes, a 33% year-over-year increase
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced the highest level of home orders for any quarter in the Company's history. The Company received orders, net of cancellations, for...
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Jun 26, 2003* Earnings Per Share Should Exceed $1.15 * Second Quarter Home Orders up Year-Over-Year More Than 20% * Release of Earnings Anticipated on July 15, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced, in preparation for the Company meeting with the investment community next week, that it expects earnings per share for the three...
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Jun 20, 2003
M.D.C. Holdings, Inc. today announced that Luis Solis has been added to the senior management team reporting to Charles Schneider, senior vice president of MDC. His focus will be to improve the...
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May 30, 2003
M.D.C. Holdings, Inc. announced that it will be making a presentation at The Second Annual JMP Securities Research Conference on Thursday, June 5, 2003, at 3:30 p.m. PDT. The presentation can be...
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May 21, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced its expansion into Philadelphia and the surrounding...
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May 20, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it has completed the issuance and sale of $150 million principal amount of 5 1/2% senior notes due May 2013. MDC used the...
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May 13, 2003
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced that it plans to issue $150 million principal amount of 5 1/2% Senior Notes due 2013 (the "2013 Notes"). The 2013 Notes will be...
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May 12, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced its expansion into Houston, Texas. Jim See has joined...
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Apr 29, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a cash dividend of nine cents ($.09) per share for the first quarter ended March 31,...
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Apr 9, 2003* Record first quarter net income of $37.0 million, a 15% increase * Earnings per share of $1.36 vs. $1.16 a year ago * Highest first quarter homebuilding revenues and operating profits in Company history * Record home closings, home orders and quarter-end backlog * Home gross margins of 22.8%, 23.7% before interest * Net debt-to-capital ratio of .30
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced net income for the three months ended March 31, 2003 of $37.0 million, or $1.36 per share, the highest first quarter net income...
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Apr 2, 2003* Quarterly orders for 3,365 homes, highest in MDC's history; a 21% year-over-year increase * Closed 2,100 homes, a first quarter record * Backlog of 5,300 homes; sales value of $1.4 billion
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced the highest level of home orders for any quarter in the Company's history. The Company received orders, net of cancellations, for...
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Apr 1, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it will be broadcasting a synchronized slide show and audio presentation over the Internet on Wednesday, April 9, 2003, at...
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Mar 26, 2003
M.D.C. Holdings, Inc. (NYSE: MDC; Pacific) announced that it will be making a presentation at the Deutsche Bank 2003 Basic Industries Conference on Wednesday, April 2, 2003, at 9:00 a.m. EST. The...
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Mar 25, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors authorized the repurchase of up to an additional 1,350,000 shares of the Company's common stock. MDC...
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Mar 10, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it received 1,981 home orders in January and February 2003, the best start in MDC's history and an increase of 18% over the...
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Mar 5, 2003
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," announced that it will be making a presentation at the Salomon Smith Barney Global Industrial...
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Feb 27, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), one of the nation's largest homebuilders, building under the name Richmond American Homes, today announced that Mark Butler has joined the...
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Jan 21, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a dividend of eight cents ($.08) per share for the fourth quarter ended December 31,...
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Jan 16, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced that Moody's Investors Service ("Moody's") has upgraded...
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Jan 9, 2003- Fourth quarter earnings per share of $2.08 vs. $1.73 a year ago
- Record 2002 net income of $167.3 million - Highest quarterly and annual home closings and revenues in Company history - Fourth quarter home orders up 41%; active subdivisions 30% higher -...
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Jan 2, 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it will be broadcasting a synchronized slide show and audio presentation over the Internet on Thursday, January 9, 2003, at...
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Dec 19, 2002
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced that its board of directors authorized the repurchase of up to an additional one million shares of the Company's common stock. MDC...
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Dec 4, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it has completed the issuance and sale of $150 million principal amount of 7% Senior Notes due December 1, 2012. The Company...
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Dec 3, 2002- Highest November home orders in Company history - Ninth consecutive month of record home orders - Orders for 649 homes, up 42% from November 2001 - Year-to-date orders higher by 29%
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it received orders for 649 homes in November 2002, 42% above the 457 home orders received in November 2001. This level of...
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Nov 26, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it plans to file with the Securities and Exchange Commission a preliminary Prospectus Supplement in connection with its...
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Nov 5, 2002- Highest October Home Orders in Company History - Eighth Consecutive Month of Record Home Orders - Orders for 760 Homes, Up 65% From October 2001 - Year-to-Date Orders Higher by 29%
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it received orders for 760 homes in October 2002, 65% above the 462 home orders received in October 2001. This level of home...
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Oct 21, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a dividend of eight cents ($.08) per share for the third quarter ended September 30,...
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Oct 16, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that Charles Schneider has been added to the senior management team as Senior Vice President, reporting to David Mandarich,...
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Oct 10, 2002- Quarterly earnings per share of $1.57; 15% above analysts' consensus estimate - Company's highest third quarter home closings and revenues - Nine-month orders for 7,968 homes already exceed total year 2001 orders - 2002 fourth quarter and total year earnings to exceed 2001 record levels - Anticipate over 10,500 home closings and record earnings in 2003
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced net income for the three months ended September 30, 2002 of $43.6 million, or $1.57 per share, compared with $40.5 million, or...
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Oct 3, 2002
M.D.C. Holdings, Inc. today announced that it will be broadcasting a synchronized slide show and audio presentation over the Internet on Thursday, October 10, 2002, at 10:00 a.m. Eastern Daylight...
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Oct 3, 2002M.D.C. Holdings Reports Record 2002 Third Quarter Home Orders, Home Closings and Quarter-End Backlog- Third quarter home orders increase 50% - September home orders up 95%; seventh consecutive monthly record - Active subdivisions rise 28% year-to-date to 175 - Company's highest quarter-end backlog with $1.35 billion sales value
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced the highest third quarter and nine-month home orders, home closings and quarter-end backlog in the Company's history. The...
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Sep 19, 2002
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced, in preparation for meeting with the investment community later this week, that it expects earnings per share for the...
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Sep 4, 2002-- Highest August Home Orders in Company History -- Orders for 839 Homes, Up 35% From August 2001 -- Sixth Consecutive Month of Record Home Orders -- Year-to-Date Orders Higher by 21%
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced that it received orders for 839 homes in August 2002, 35% above the 621 home orders received in August 2001. This level...
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Aug 6, 2002- Highest July home orders in Company history - Orders for 809 homes, up 34% from July 2001 - Unsecured bank facility extended to July 2006 - Facility commitment expanded to $538 million
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced that it received orders for 809 homes in July 2002. This level of home orders is the highest for any July in the...
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Jul 22, 2002
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced that its board of directors has declared a dividend of eight cents ($.08) per share for the second quarter ended June 30,...
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Jul 16, 2002- Quarterly earnings per share of $1.22 vs. analyst consensus of $1.11 - Second quarter home orders up 40%; active subdivisions increase 20% - Record quarter-end backlog of 4,935 homes with sales value of $1.3 billion - Debt-to-capital ratio of .32 vs. .36 a year ago - Quarterly interest coverage of almost 14 times - Anticipate 2003 to be a record year, led by more than 10,000 home closings
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced net income for the three months ended June 30, 2002 of $34.3 million, or $1.22 per share, on $509 million in total...
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Jul 9, 2002
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced that it will be broadcasting a synchronized slide show and audio presentation over the internet on Tuesday, July 16,...
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Jul 9, 2002- Second quarter home orders increase 40%; June orders up 50% - Company's highest quarter-end backlog with $1.3 billion sales value - Active subdivisions rise 20% since year-end to 165
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced the highest second quarter home orders, home closings and quarter-end backlog in the Company's history. The Company...
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Jun 25, 2002- Earnings per share should exceed $1.09 - Release of earnings anticipated on July 16, 2002 - Anticipate 2003 home closings to exceed 10,000, leading to record revenues and earnings
M.D.C. Holdings, Inc. ; ( http://www.richmondamerican.com/ ) today announced that it expects earnings per share for the three months ended June 30, 2002 to exceed analysts' consensus estimate of...
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Jun 4, 2002- Highest May home orders in Company history - Follows two consecutive months of 24% year-over-year increases in home orders - Nevada, California and Colorado lead surge in May home orders - Acquisition in Northern Virginia furthers objective of expanding in existing markets
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced that it received orders for 908 homes in May 2002, the highest level of home orders for any May in the Company's history...
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May 2, 2002
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced that it received orders for 889 homes in April 2002. This is the highest level of home orders for any April in the...
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Apr 26, 2002
M.D.C. Holdings, Inc. ( http://www.richmondamerican.com/ ) today announced that its board of directors has declared a dividend of eight cents ($.08) per share for the first quarter ended March 31,...
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Apr 11, 2002- Record first quarter net income of $32.3 million - Earnings per share of $1.16 vs. $1.09 a year ago - Highest first quarter homebuilding revenues and operating profits in Company history - Home gross margins of 23.4%, 24.4% before interest - Debt-to-capital ratio of .24; debt-to-EBITDA ratio of .70 - Quarterly interest coverage of 15.8, up from 9.9
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced net income for the three months ended March 31, 2002 of...
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Apr 4, 2002- Market position in Las Vegas improved to top five - Geographic diversification enhanced through entry into Salt Lake City Market - Over 2,400 lots purchased or optioned
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced that two of its subsidiaries have signed definitive...
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Apr 3, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it will be broadcasting a synchronized slide show and audio presentation over the internet on Thursday, April 11, 2002, at...
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Apr 3, 2002- Highest quarterly home orders in MDC's history - Record monthly home orders in March, up 24% - Closed 1,674 homes; Backlog sales value of $1.05 billion
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced the highest level of home orders for any quarter in the Company's history. The Company received orders, net of cancellations, for...
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Mar 25, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced, in anticipation of the Company meeting with investors in New York today, that it expects earnings per share for the three months...
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Mar 22, 2002
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," announced that it will be making a presentation at the Credit Suisse First Boston Housing...
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Mar 5, 2002
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," announced that it will be making a presentation at the Deutsche Banc Alex. Brown Homebuilding &...
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Mar 4, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it received 890 home orders in February 2002. This level of monthly home orders is second only to the record orders received...
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Feb 20, 2002
M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," announced that it will be making a presentation at the Salomon Smith Barney Global Industrial...
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Feb 18, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), one of the nation's largest homebuilders building under the name Richmond American Homes, today announced its expansion into the Dallas/Fort...
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Feb 4, 2002
M.D.C. Holdings, Inc. (NYSE: MDC; Pacific) ( http://www.richmondamerican.com/ ) today announced that it received 791 home orders in January 2002. January 2002 2001 Orders for Homes, net Colorado...
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Jan 22, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a dividend of seven cents ($.07) per share for the fourth quarter ended December 31,...
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Jan 10, 2002- Fourth quarter earnings per share of $1.73 vs. $1.49 a year ago - Record 2001 net income of $155.7 million, a 26% increase - Highest quarterly and annual revenues and home closings in Company history - Record annual homebuilding profits of $279.3 million, up 23% - Net debt-to-capital ratio reduced by 50% to .17 - Annual interest coverage increased to 14.1 from 10.5; 20.3 in fourth quarter - EBIT return on capital of 33.8%; return on assets of 13.3%
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced net income for the quarter ended December 31, 2001 of...
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Jan 4, 2002
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it will be broadcasting a synchronized slide show and audio presentation over the internet on Thursday, January 10, 2002, at...
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Jan 3, 2002
- Fourth quarter earnings per share should exceed highest analyst estimates of $1.65 - Record home closings for the quarter and year ended December 31, 2001 - Release of earnings anticipated on...
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Dec 14, 2001
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that Moody's Investors Service raised its rating on MDC's Senior Notes to Ba1 from Ba2 and raised the prospective ratings on the...
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Dec 6, 2001
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a 10 percent stock dividend to be distributed on December 28, 2001 to shareowners of...