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Home > Company Index > Real Estate > Residential Construction > M.D.C. Holdings, Inc.

M.D.C. Holdings, Inc.
NYSE: MDC
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 NEWS FROM THE WIRES
RESEARCH ALERT-Credit Suisse starts MDC Holdings
Aug 07 2001 09:00 AM PDT

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 PROFILE
Being king of the mountains wasn't enough -- M.D.C. Holdings, the top homebuilder in Denver and Colorado Springs, Colorado, has become a major player in the suburban Maryland and northern Virginia markets. Operating as Richmond American Homes, the company also has a growing presence in Las Vegas, Phoenix and Tucson, Arizona, and in markets in northern and southern California. It designs, builds, and sells single-family homes (also townhomes in Maryland and Virginia) to first-time and move-up buyers; the average sale price is $227,000. The company also offers mortgage loans through HomeAmerican Mortgage, title services through American Home Title and Escrow, and insurance through American Home Insurance Agency.

 COMPETITION
Centex Corporation (CTX)
KB Home (KBH)
Pulte Homes, Inc. (PHM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,751.50
1-Yr. Sales Growth: 11.7%
Employees: 1,700
Revenue per employee: $1,030,294.12

 KEY PEOPLE
• Larry A. Mizel
    CEO
• Paris G. Reece
    CFO

 CONTACT INFO
3600 S. Yosemite St., Ste. 900
Denver, CO 80237
US
Phone: 303-773-1100
Fax: 303-741-4134
Online: Web Site

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