Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

M.D.C. Holdings, Inc. (MDC)

Company Dividend Discount ModelIndustry: Residential ConstructionSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$3.51 - $4.61$4.09
Multi-Stage$6.87 - $7.56$7.21
Blended Fair Value$5.65
Current Price$62.98
Upside-91.03%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS11.12%9.76%1.622.031.861.551.160.960.890.680.640.64
YoY Growth---20.20%9.00%20.15%33.17%21.73%7.97%30.49%5.72%0.45%0.10%
Dividend Yield--2.57%3.22%4.79%4.10%1.96%4.45%3.29%2.63%2.49%2.98%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)73.79
(-) Cash Dividends Paid (M)41.28
(=) Cash Retained (M)32.51
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14.769.225.53
Cash Retained (M)32.5132.5132.51
(-) Cash Required (M)-14.76-9.22-5.53
(=) Excess Retained (M)17.7523.2926.98
(/) Shares Outstanding (M)76.4676.4676.46
(=) Excess Retained per Share0.230.300.35
LTM Dividend per Share0.540.540.54
(+) Excess Retained per Share0.230.300.35
(=) Adjusted Dividend0.770.840.89
WACC / Discount Rate10.04%10.04%10.04%
Growth Rate-9.80%-8.80%-7.80%
Fair Value$3.51$4.09$4.61
Upside / Downside-94.43%-93.51%-92.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)73.7967.2961.3755.9751.0546.5647.95
Payout Ratio55.94%62.75%69.56%76.38%83.19%90.00%92.50%
Projected Dividends (M)41.2842.2342.6942.7542.4741.9044.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.04%10.04%10.04%
Growth Rate-9.80%-8.80%-7.80%
Year 1 PV (M)37.9538.3838.80
Year 2 PV (M)34.4935.2636.04
Year 3 PV (M)31.0432.0833.15
Year 4 PV (M)27.7128.9630.25
Year 5 PV (M)24.5825.9727.43
PV of Terminal Value (M)369.57390.51412.40
Equity Value (M)525.34551.17578.06
Shares Outstanding (M)76.4676.4676.46
Fair Value$6.87$7.21$7.56
Upside / Downside-89.09%-88.55%-88.00%

High-Yield Dividend Screener

« Prev Page 22 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0K58.LNOV Inc.1.29%$0.2015.83%
CONConcentra Group Holdings Parent, Inc.1.29%$0.2520.88%
CSGSCSG Systems International, Inc.1.28%$0.9832.90%
CSLCarlisle Companies Incorporated1.28%$4.2023.23%
JKHYJack Henry & Associates, Inc.1.28%$2.2934.69%
MSAMSA Safety Incorporated1.28%$2.0829.19%
PAHCPhibro Animal Health Corporation1.28%$0.4828.68%
WMGWarner Music Group Corp.1.28%$0.3961.67%
0K4C.LNRG Energy, Inc.1.27%$2.1028.38%
DCIDonaldson Company, Inc.1.27%$1.1435.14%
TEXTerex Corporation1.27%$0.7029.49%
BCCBoise Cascade Company1.26%$0.9318.09%
BCMLBayCom Corp1.25%$0.3616.94%
MSCIMSCI Inc.1.25%$7.0744.68%
PRMWPrimo Water Corporation1.25%$0.3561.28%
ESIElement Solutions Inc1.24%$0.3232.50%
LECOLincoln Electric Holdings, Inc.1.23%$3.0031.76%
MCRIMonarch Casino & Resort, Inc.1.23%$1.1826.69%
PBI-PBPitney Bowes Inc. NT 431.23%$0.2561.37%
RJFRaymond James Financial, Inc.1.23%$2.0119.48%
WFRDWeatherford International plc1.23%$1.0017.78%
AMPAmeriprise Financial, Inc.1.22%$6.0416.30%
BRCBrady Corporation1.22%$0.9623.25%
GCBCGreene County Bancorp, Inc.1.21%$0.2613.26%
RICKRCI Hospitality Holdings, Inc.1.21%$0.2815.00%
ABCAmerisourceBergen Corporation1.20%$2.2528.12%
EQBKEquity Bancshares, Inc.1.20%$0.5458.24%
HMNFHMN Financial, Inc.1.20%$0.3428.27%
IBPInstalled Building Products, Inc.1.20%$3.2234.18%
CHHChoice Hotels International, Inc.1.19%$1.1513.93%
EQCEquity Commonwealth1.19%$0.028.60%
FLSFlowserve Corporation1.19%$0.8424.35%
ICEIntercontinental Exchange, Inc.1.19%$1.9033.71%
LNNLindsay Corporation1.19%$1.4421.27%
INGMIngram Micro Holding Corporation1.18%$0.2520.42%
RBARB Global, Inc.1.18%$1.2252.13%
SEICSEI Investments Company1.18%$0.9817.66%
HEESH&E Equipment Services, Inc.1.17%$1.1144.29%
WSFSWSFS Financial Corporation1.17%$0.6413.17%
ASTEAstec Industries, Inc.1.16%$0.5224.84%
GFGDThe Growth for Good Acquisition Corporation1.16%$0.1242.35%
HUBGHub Group, Inc.1.16%$0.5028.58%
NWSNews Corporation1.16%$0.3516.79%
FCXFreeport-McMoRan Inc.1.15%$0.6041.87%
GFFGriffon Corporation1.15%$0.8677.66%
LHLabcorp Holdings Inc.1.15%$2.8928.24%
YAFIXAMG Funds - AMG Yacktman Focused Fund1.15%$0.2227.84%
0L1G.LSS&C Technologies Holdings, Inc.1.14%$0.9929.41%
0M29.LXylem Inc.1.14%$1.5640.08%
DHID.R. Horton, Inc.1.14%$1.6613.80%