Previous close | 35.71 |
Open | 35.22 |
Bid | 0.00 x 1400 |
Ask | 0.00 x 800 |
Day's range | 35.03 - 35.53 |
52-week range | 27.37 - 43.04 |
Volume | |
Avg. volume | 3,821,216 |
Market cap | 25.846B |
Beta (5Y monthly) | 1.48 |
PE ratio (TTM) | 13.94 |
EPS (TTM) | 2.53 |
Earnings date | 27 Apr 2023 - 01 May 2023 |
Forward dividend & yield | 0.72 (2.06%) |
Ex-dividend date | 14 Feb 2023 |
1y target est | 37.70 |
The housing recession took a toll on a number of sectors last year, including mortgage bankers and mortgage real estate investment trusts (REITs). Rising interest rates caused a collapse in mortgage-banking revenue and severely dented the balance sheets of the mortgage REITs. One of the biggest suppliers to the residential construction industry is timber REIT Weyerhaeuser (NYSE: WY).
Gibraltar (ROCK) to incur a non-cash charge of $14 million or 35 cents per share for the fourth quarter.
MDC's fourth-quarter results reflect slow housing demand and high inflation.