Evercore ISI analyst Stephen Kim maintained a Buy rating on M.D.C. Holdings (NYSE:MDC) on Friday, setting a price target of $86, which is approximately 75.58% above the present share price of $48.98.
Kim expects M.D.C. Holdings to post earnings per share (EPS) of $2.19 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in M.D.C. Holdings, with an average price target of $73.5.
The analysts price targets range from a high of $86 to a low of $63.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.4 billion and a net profit of $204.61 million. The company's market cap is $3.46 billion.
According to TipRanks.com, Evercore ISI analyst Stephen Kim is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.5% and a 65.09% success rate.
M.D.C. Holdings, Inc. provides homebuilding and financial services. Its homebuilding operations consist of wholly owned subsidiary companies that generally purchase finished lots or develop lots to the extent necessary for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the name Richmond American Homes (NYSE:AMH). The company's financial services operations consist of mortgage loans, insurance coverage, re-insures Allegiant claims, third-party insurance products, and title agency services. M.D.C. Holdings was founded by Larry A. Mizel in 1972 and is headquartered in Denver, CO.