Previous close | 35.27 |
Open | 34.56 |
Bid | 34.00 x 1000 |
Ask | 34.01 x 1000 |
Day's range | 33.71 - 34.62 |
52-week range | 27.37 - 43.04 |
Volume | |
Avg. volume | 3,821,216 |
Market cap | 24.948B |
Beta (5Y monthly) | 1.48 |
PE ratio (TTM) | 13.46 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.72 (2.06%) |
Ex-dividend date | 14 Feb 2023 |
1y target est | N/A |
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.