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Market Cap 5.44B P/E 6.04 EPS this Y -9.40% Ern Qtrly Grth 41.70%
Income 793.46M Forward P/E 7.94 EPS next Y 12.10% 50D Avg Chg 10.00%
Sales 6.33B PEG -1.23 EPS past 5Y 38.83% 200D Avg Chg 35.00%
Dividend N/A Price/Book 1.28 EPS next 5Y -7.44% 52W High Chg -3.00%
Recommedations 2.80 Quick Ratio 1.59 Shares Outstanding 36.32M 52W Low Chg 126.00%
Insider Own 2.11% ROA 9.82% Shares Float 35.53M Beta 1.76
Inst Own 102.67% ROE 18.06% Shares Shorted/Prior 652.85K/1.10M Price 148.01
Gross Margin 25.43% Profit Margin 12.54% Avg. Volume 378,519 Target Price 181.50
Oper. Margin 15.26% Earnings Date Jul 25 Volume 273,842 Change -0.83%
About Meritage Homes Corporation

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Meritage Homes Corporation News
04/26/24 Meritage Homes (MTH) Q1 2024 Earnings Call Transcript
04/26/24 Meritage Homes First Quarter 2024 Earnings: Beats Expectations
04/25/24 Meritage Homes (MTH) Q1 Earnings Beat, Orders & Backlog Up
04/24/24 Meritage (MTH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
04/24/24 Meritage Homes Corp (MTH) Reports Strong Q1 2024 Earnings, Surpassing Analyst Expectations
04/24/24 Meritage Homes reports first quarter 2024 results
04/23/24 PulteGroup (PHM) Q1 Earnings and Revenues Surpass Estimates
04/22/24 Housing market: Mortgage rates bear down on homebuilder stocks
04/17/24 Meritage Homes (MTH) Reports Next Week: Wall Street Expects Earnings Growth
04/10/24 Will Weakness in Meritage Homes Corporation's (NYSE:MTH) Stock Prove Temporary Given Strong Fundamentals?
04/10/24 Should Value Investors Buy Meritage Homes (MTH) Stock?
04/03/24 Meritage Homes (MTH) Outpaces Stock Market Gains: What You Should Know
04/02/24 Homebuilding sector may be affected by seasonality: Analyst
03/28/24 Meritage Homes (MTH) Beats Stock Market Upswing: What Investors Need to Know
03/28/24 Meritage Homes First Quarter 2024 Earnings Conference Call and Webcast Scheduled for April 25, 2024
03/25/24 20 US Cities with the Most Million-Dollar Homes
03/22/24 Meritage Homes (MTH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
03/21/24 A Look At The Intrinsic Value Of Meritage Homes Corporation (NYSE:MTH)
03/15/24 Raymond Oppel to Retire from Meritage Homes Board of Directors
03/13/24 Meritage Homes (MTH) Ascends While Market Falls: Some Facts to Note
MTH Chatroom

User Image 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.

User Image 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.

User Image AnchorsAweigh Posted - 2 days ago

$MTH $ pattern

User Image TraceyRyniec Posted - 2 days ago

$MTH A golden time for the homebuilders. With mortgage rates over 7%.

User Image epsguid Posted - 2 days ago

$MTH reported earnings of $5.06, consensus was $3.54 via @eWhispers #epsbeat http://eps.sh/d/mth

User Image 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.

User Image 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."

User Image 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

User Image 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

User Image 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

User Image 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.

User Image 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

User Image 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

User Image 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

User Image sadaatrizvi Posted - 1 month ago

$MTH low quality expensive homes $SPY

User Image insiderbuyingselling Posted - 1 month ago

$MTH new insider selling: 2500 shares. http://insiderbuyingselling.com/?t=MTH

User Image 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

User Image UncleStock Posted - 2 months ago

$MHO $KBH $MTH $TOL suggested for $HGX US PHLX Housing - value screen: https://zpr.io/H68Ge

User Image UncleStock Posted - 2 months ago

$MHO $KBH $MTH $TOL suggested for $HGX US PHLX Housing - value screen: https://zpr.io/H68Ge

User Image 50bps Posted - 2 months ago

$mth not a good look

User Image 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

User Image 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...

User Image swingingtech Posted - 01/30/24

$MTH $VMC $LPX $FND https://wallstreetwaves.com/what-to-expect-from-meritage-homes-mth-q4-earnings/

User Image 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

User Image 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

User Image UncleStock Posted - 3 months ago

$MHO $PHM $MTH $MDC suggested for $HGX US PHLX Housing - value screen: https://zpr.io/H68Ge

User Image 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

User Image 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

User Image Last10K Posted - 3 months ago

$MTH just filed with the SEC a Event for Officers and a Financial Exhibit https://last10k.com/sec-filings/MTH/0000833079-24-000003.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=MTH

User Image cctranscripts Posted - 3 months ago

DEPARTURE OF DIRECTORS OR CERTAIN https://www.conferencecalltranscripts.org/summary/?id=12856549 $MTH

Analyst Ratings
Wedbush Underperform Apr 26, 24
Wedbush Underperform Apr 25, 24
Wedbush Underperform Apr 2, 24
Zelman & Assoc Outperform Feb 26, 24
Wedbush Neutral Feb 1, 24
Seaport Global Neutral Jan 22, 24
Goldman Sachs Neutral Jan 11, 24
Wedbush Neutral Dec 18, 23
Seaport Global Buy Nov 2, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Sasser Alison SVP - Chief Accounti.. SVP - Chief Accounting Officer Apr 28 Sell 123.52 1,500 185,280 481 05/01/23
Lord Phillippe Chief Executive Offi.. Chief Executive Officer Apr 28 Sell 126.03 3,900 491,517 42,760 05/01/23
HADDOCK GERALD W Director Director Apr 28 Sell 124.64 2,000 249,280 6,000 05/01/23
Sasser Alison SVP - Chief Accounti.. SVP - Chief Accounting Officer Aug 15 Sell 87.92 1,000 87,920 1,443 08/15/22
Lord Phillippe Chief Executive Offi.. Chief Executive Officer Mar 08 Sell 94.39 1,111 104,867 30,351 03/09/22
AX PETER L Director Director Mar 04 Sell 98.86 5,062 500,429 15,029 03/08/22
Feliciano Javier EVP Chief People Off.. EVP Chief People Officer Mar 02 Sell 101.44 4,648 471,493 16,545 03/04/22
Sferruzza Hilla Chief Financial Offi.. Chief Financial Officer Mar 02 Sell 101.57 13,927 1,414,565 42,975 03/04/22
HILTON STEVEN J Executive Chairman Executive Chairman Mar 02 Sell 101.55 39,500 4,011,225 359,567 03/04/22
Lord Phillippe Chief Executive Offi.. Chief Executive Officer Mar 02 Sell 101.56 24,778 2,516,454 31,462 03/04/22
Szubinski Clinton EVP - Chief Operatin.. EVP - Chief Operating Officer Feb 23 Sell 90.31 430 38,833 2,590 02/24/22
Sasser Alison SVP - Chief Accounti.. SVP - Chief Accounting Officer Feb 23 Sell 89.90 205 18,430 2,443 02/24/22
Szubinski Clinton EVP - Chief Operatin.. EVP - Chief Operating Officer Feb 14 Sell 92.75 715 66,316 1,939 02/16/22
Sasser Alison SVP - Chief Accounti.. SVP - Chief Accounting Officer Feb 14 Sell 92.66 603 55,874 1,623 02/16/22
WHITE C TIMOTHY EVP - Gen. Counsel,.. EVP - Gen. Counsel, Secretary Oct 29 Sell 110.68 13,054 1,444,817 12,537 10/29/21
AX PETER L Director Director Oct 29 Sell 112.73 5,000 563,650 15,591 10/29/21
HADDOCK GERALD W Director Director May 07 Sell 111.44 4,000 445,760 6,500 05/07/21
Lord Phillippe Chief Executive Offi.. Chief Executive Officer Mar 11 Sell 89.44 4,598 411,245 52,660 03/11/21
HILTON STEVEN J Executive Chairman Executive Chairman Mar 03 Option 0 9,956 376,909 03/03/21
HILTON STEVEN J Executive Chairman Executive Chairman Mar 03 Sell 84.67 36,963 3,129,657 407,123 03/03/21
WHITE C TIMOTHY EVP - Gen. Counsel,.. EVP - Gen. Counsel, Secretary Mar 03 Option 0 4,232 17,286 03/03/21
WHITE C TIMOTHY EVP - Gen. Counsel,.. EVP - Gen. Counsel, Secretary Mar 03 Sell 84.39 10,375 875,546 25,591 03/03/21
Szubinski Clinton EVP - Chief Operatin.. EVP - Chief Operating Officer Feb 16 Sell 87.1 725 63,147 1,078 02/16/21