News
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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...