MDC Holdings Inc MDC

Consumer Cyclical Residential Construction

M.D.C. Holdings, Inc. is engaged in the business of homebuilding and financial services. The Company's segments include West, which includes operations in Arizona, California, Nevada, New Mexico, Oregon, Texas and Washington; Mountain, which includes operations in Colorado, Idaho and Utah, and East, which includes operations in Alabama, Florida, Maryland, Pennsylvania, Tennessee and Virginia. Its homebuilding segments include land acquisition and development, home construction, sales and marketing, and customer service. Its homebuilding subsidiaries build and sells single-family detached homes that are designed to meet local customer preferences. Its financial services operations include mortgage financing, place title insurance and homeowner insurance for its homebuyers, and provides general liability insurance for its subsidiaries and its subcontractors. Its financial services business includes HomeAmerican, Allegiant, StarAmerican, American Home Insurance, and American Home Title.