KeyBanc Upgrades M.D.C. Holdings (MDC) to Sector Weight

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M.D.C. Holdings Announces 2015 Second Quarter Results

August 4, 2015 6:00 AM EDT

DENVER, Aug. 4, 2015 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced results for the quarter ended June 30, 2015.

2015 Second Quarter Highlights and Comparisons to 2014 Second Quarter

Ending backlog dollar value of $1.13 billion, up 48% Ending backlog units of 2,558, up 36% Dollar value of net new orders of $629.7 million, up 16% Net new orders of 1,481, up 4% Home sale revenues of $461.7 million, up 7% from $430.7 million Average sales price up $38,000 per home, or 10%, to $410,000 Homes delivered down 3% from 1,158 to... More