News
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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...