Profile
Sector:
Consumer CyclicalIndustry:
Residential ConstructionCountry:
United StatesIPO:
26 July 1988Website:
http://www.meritagehomes.comNext earnings report:
31 January 2025Last dividends:
16 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:59:02 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
MTH Latest News
SCOTTSDALE, Ariz., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced its entry into the Gulf Coast markets through the acquisition of the assets of Elliott Homes.
Meritage Homes Corporation (NYSE:MTH ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations & ESG Steve Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President & Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - Zelman & Associates Michael Rehaut - JPMorgan Trevor Allinson - Wolfe Research John Lovallo - UBS Carl Reichardt - BTIG Susan Maklari - Goldman Sachs Alex Barron - Housing Research Center Jay McCanless - Wedbush Securities Operator Greetings, and welcome to the Meritage Homes Third Quarter 2024 Analyst Call. At this time, all participants are in a listen-only mode.
8% year-over-year increase in home closings and record 145% backlog conversion 8% year-over-year increase in home closings and record 145% backlog conversion
Board Intends to Include Proposal to Declassify the Board at the 2025 Annual Meeting of Stockholders Board Intends to Include Proposal to Declassify the Board at the 2025 Annual Meeting of Stockholders
Meritage Homes has shown significant stock performance, up 29.5% since April and 79.8% since January 2022, outperforming the S&P 500. Despite a potential decline in Q3 revenue and profits, Meritage Homes remains undervalued with strong fundamentals and a favorable market outlook. Revenue and profits have increased due to higher home closures, although average home prices have dropped, reflecting reduced costs and high interest rates.
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Does Meritage Homes (MTH) have what it takes to be a top stock pick for momentum investors? Let's find out.
Meritage (MTH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
SCOTTSDALE, Ariz., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's third quarter 2024 results on Tuesday, October 29, 2024 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) on Wednesday, October 30, 2024.
SCOTTSDALE, Ariz., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Our military members and their families work tirelessly to protect the freedoms we enjoy daily, and the transition to civilian life for veterans is not always easy. Today Meritage Homes and Operation Homefront announce the selection of two veterans who will receive brand new mortgage-free energy-efficient homes near Austin, TX and Charlotte, NC. They will be presented the keys during a ceremony in November in celebration of Veterans Day and Military Appreciation Month.
What type of business is Meritage Homes?
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.
What sector is Meritage Homes in?
Meritage Homes is in the Consumer Cyclical sector
What industry is Meritage Homes in?
Meritage Homes is in the Residential Construction industry
What country is Meritage Homes from?
Meritage Homes is headquartered in United States
When did Meritage Homes go public?
Meritage Homes initial public offering (IPO) was on 26 July 1988
What is Meritage Homes website?
https://www.meritagehomes.com
Is Meritage Homes in the S&P 500?
No, Meritage Homes is not included in the S&P 500 index
Is Meritage Homes in the NASDAQ 100?
No, Meritage Homes is not included in the NASDAQ 100 index
Is Meritage Homes in the Dow Jones?
No, Meritage Homes is not included in the Dow Jones index
When was Meritage Homes the previous earnings report?
No data
When does Meritage Homes earnings report?
The next expected earnings date for Meritage Homes is 31 January 2025