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DENVER, Jan. 6, 2021 /PRNewswire/ M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, reported selected preliminary results for the 2020 fourth quarter. These results are preliminary and unaudited.
2020 Fourth Quarter Highlights and Comparisons to 2019 Fourth Quarter (preliminary and unaudited)
New home deliveries increased 7% to 2,564 from 2,389
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Net new home orders increased 72% to 2,708 from 1,574
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Homes in backlog increased 75% to 6,655 from 3,801
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Dollar value of backlog increased 87% to $3.26 billion
As previously announced, MDC will release its 2020 fourth quarter earnings before the market opens on Tuesday, February 2, 2021. MDC will host a teleconference the same day at 12:30 pm ET.
M D C Holdings Announces 2020 Fourth Quarter Earnings Release Schedule And Conference Call marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
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DENVER, Dec. 29, 2020 /PRNewswire/ M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, announced an increase in the aggregate commitment and maturity under its unsecured revolving credit facility. MDC increased the aggregate commitment under its existing $1.0 billion unsecured revolving credit facility to $1.2 billion and extended the facility s maturity of $1.125 billion of the facility commitments to December 18, 2025 with the remaining commitment continuing to terminate on December 18, 2023. The facility permits an increase in the maximum commitment amount to as much as $1.7 billion upon MDC s request, subject to receipt of additional commitments from existing lenders and, in the case of additional participant lenders, the consent of the co-administrative agents.