| M.D.C. Holdings is engaged in homebuilding and financial services. Co.'s homebuilding operations consist of the purchase finished 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. Co.'s financial services operations include of: HomeAmerican Mortgage Corporation, which originates mortgage loans for its homebuyers; Allegiant Insurance Company, Inc. (Allegiant), which provides insurance coverage; StarAmerican Insurance Ltd., a re-insurer on Allegiant claims; American Home Insurance Agency, Inc., which provides third-party insurance products. We show 39 historical shares outstanding datapoints in our MDC shares outstanding history coverage, used to compute MDC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MDC market cap history over the course of time is important for investors
interested in comparing MDC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MDC versus a peer is one thing; comparing
MDC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MDC can fluctuate over the course of history.
With this page we aim to empower investors researching MDC by allowing them to research the MDC market cap history.