Dave_Silsby
Posted - 2 days ago
$MTH One of the bright spots in the economy, considering that home prices have doubled across the country YoY. The housing market is still frozen though.
MPortfolios
Posted - 2 days ago
And another home builder reports beat and massive guidance raise at $MTH. Long $HOV and want to be long more of it or some of the others.
AnchorsAweigh
Posted - 2 days ago
$MTH $ pattern
TraceyRyniec
Posted - 2 days ago
$MTH A golden time for the homebuilders. With mortgage rates over 7%.
epsguid
Posted - 2 days ago
$MTH reported earnings of $5.06, consensus was $3.54 via @eWhispers #epsbeat http://eps.sh/d/mth
DonCorleone77
Posted - 2 days ago
$MTH Meritage Homes sees 2024 EPS $19.20-$20.70, consensus $17.69 Sees home closing volume 14,500 to 15,000 units. Sees revenue $6B-$6.2B, consensus $6.12B.
DonCorleone77
Posted - 2 days ago
$MTH Meritage Homes reports Q1 EPS $5.06, consensus $3.52 Reports Q1 revenue $1.47B, consensus $1.29B. Orders of 3,991 homes for the first quarter of 2024 increased 14% year-over-year, due primarily to a 17% increase in the average absorption pace to 4.9 per month from 4.2 per month in the first quarter of 2023, which was partially offset by a 1% decrease in average active communities. "Meritage has had a remarkable start to the year, generating an average absorption pace of 4.9 per month in the first quarter of 2024, which resulted in our highest quarterly sales orders," said Steven J. Hilton, executive chairman of Meritage Homes. "We entered the spring selling season with a healthy supply of available inventory and were able to capitalize on strong current market conditions stemming from the increasing need for housing from Millennials, Gen Z and the move-down Baby Boomers, all finding limited existing housing supply. Executing on our spec building and streamlined strategy, we delivered 3,507 homes in the first quarter of 2024-of which nearly 50% came from intra-quarter sales orders-and yet another record backlog conversion rate of 138%," added Phillippe Lord, chief executive officer of Meritage Homes. "Home closing revenue of $1.5 billion in the first quarter of 2024 combined with home closing gross margin of 25.8% and SG&A leverage of 10.4% generated $5.06 in diluted EPS. We increased our book value per share 17% year-over-year to $129.98 and generated a return on equity of 18.0% as of March 31, 2024. In the first quarter of 2024, we carried out our commitment to growth by putting nearly 6,300 net new lots under control, representing an estimated 43 future communities. We strategically deployed our capital by spending $430 million on land acquisition and development and returning $83 million back to shareholders in the form of share repurchases and dividends. We achieved this balanced long-term value creation, while maintaining cash of over $905 million and a net debt-to-capital ratio of 2.0% at March 31, 2024."
Stock_Titan
Posted - 2 days ago
$MTH Meritage Homes reports first quarter 2024 results
https://www.stocktitan.net/news/MTH/meritage-homes-reports-first-quarter-2024-x5mr7roue4zg.html
Aigner_Andreas
Posted - 4 days ago
TD BUY $MTH at 152.07, Supp 150.09 Resis 164.59 R10 HiLo 62% T1Y 103 buy 2.5 DIV N/A #Meritage C #stocks #trading #finance #market
TickerDD_com
Posted - 2 weeks ago
From 3/26/2024, looking back across 22 Month-Ends for MTH, Percentage Change of Average Monthly Price had More Positives (64%) while Percentage Change of Average Monthly Volume had More Positives (95%) $MTH #MTH #MTHStock #TickerDD https://www.youtube.com/watch?v=B7jJB_3fWTU
DonCorleone77
Posted - 3 weeks ago
$MTH Wedbush downgrades Meritage Homes to Underperform, lowers target to $148 Wedbush downgraded Meritage Homes to Underperform from Neutral with a price target of $148, down from $155. The firm notes 2024 has been the most "normal" year seen for the home building industry since 2019 in terms of normal seasonality. Consequently, Wedbush believes these names could see a normal seasonal stock price decline into the summer especially after the seasonal trade window closes in April/May.
DekmarTrades
Posted - 3 weeks ago
Not many large gap ups from news. The only big morning GAP UP is $JAGX from a filing. Other than that watch $MTH $EDBL $XTNT $CITE $MIRA
Stock_Titan
Posted - 03/28/24
$MTH Meritage Homes First Quarter 2024 Earnings Conference Call and Webcast Scheduled for April 25, 2024
https://www.stocktitan.net/news/MTH/meritage-homes-first-quarter-2024-earnings-conference-call-and-pato3ivl0ug1.html
smartkarma
Posted - 1 month ago
$MTH | Meritage Homes Corporation: These Are The 3 Biggest Growth Catalysts For The Company!
"This is our first report on Meritage Homes Corp. The company's Q4 2023 sales orders increased 60% year on year, with strong home buying demand and..." - Baptista Research (Baptista Research)
Key Points:
* This is our first report on Meritage Homes Corp.
* The company's Q4 2023 sales orders increased 60% year on year, with strong home buying demand and a slight pullback in interest rates.
* The company achieved a record backlog conversion of 110%, leading to home closing revenue of $1.6 billion.
Read more: https://www.smartkarma.com/insights/meritage-homes-corporation-these-are-the-3-biggest-growth-catalysts-for-the-company
sadaatrizvi
Posted - 1 month ago
$MTH low quality expensive homes
$SPY
insiderbuyingselling
Posted - 1 month ago
$MTH new insider selling: 2500 shares. http://insiderbuyingselling.com/?t=MTH
Stock_Titan
Posted - 2 months ago
$MTH Meritage Homes Increases Quarterly Cash Dividend And Announces Systematic Share Repurchase Strategy
https://www.stocktitan.net/news/MTH/meritage-homes-increases-quarterly-cash-dividend-and-announces-9m3p62gwhzru.html
UncleStock
Posted - 2 months ago
$MHO $KBH $MTH $TOL suggested for $HGX US PHLX Housing - value screen: https://zpr.io/H68Ge
UncleStock
Posted - 2 months ago
$MHO $KBH $MTH $TOL suggested for $HGX US PHLX Housing - value screen: https://zpr.io/H68Ge
50bps
Posted - 2 months ago
$mth not a good look
epsguid
Posted - 01/31/24
$MTH reported earnings of $5.38, consensus was $5.18, Earnings Whisper was $5.40 via @eWhispers #whispermiss http://eps.sh/d/mth
DonCorleone77
Posted - 01/31/24
$MTH Meritage Homes reports Q4 EPS $5.38, consensus $5.17 Reports Q4 revenue $1.64B, consensus $1.53B. Orders of 2,892 homes for the fourth quarter of 2023 increased 60% year-over-year due to a 64% increase in average absorption pace to 3.6 per month from 2.2 per month in the fourth quarter of 2022 and a 1% decrease in average communities. "Healthy homebuying demand in the fourth quarter of 2023 led to Meritage's strong orders finish to the year, as interest rates retreated below 7% and consumer confidence started to recover. The underlying macro fundamentals indicate favorable need-based demand for millennials and now Generation Z right behind them, which together with the continuing shortage of existing homes for sale, are driving buyers to new homes. We capitalized on these market conditions utilizing our available move-in ready inventory to grow our orders year-over-year by 60% for the fourth quarter of 2023 and 12% for full year 2023," said Steven Hilton...
cctranscripts
Posted - 3 months ago
BlackRock, Inc. just provided an update on share ownership of Meritage Corporation https://www.conferencecalltranscripts.org/summary/?id=12883627 $MTH
risenhoover
Posted - 3 months ago
$MTH MTH / Meritage Homes Corporation downgraded by Seaport Global
https://fintel.io/sfo/us/mth?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=upgrade
UncleStock
Posted - 3 months ago
$MHO $PHM $MTH $MDC suggested for $HGX US PHLX Housing - value screen: https://zpr.io/H68Ge
tickeron
Posted - 3 months ago
A.I.dvisor is predicting $MTH is about to move higher. View odds of uptrend. https://srnk.us/go/4973472
tickeron
Posted - 3 months ago
A.I.dvisor is predicting $MTH is about to move higher. View odds of uptrend. https://srnk.us/go/4969190
cctranscripts
Posted - 3 months ago
DEPARTURE OF DIRECTORS OR CERTAIN https://www.conferencecalltranscripts.org/summary/?id=12856549 $MTH