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Meritage Homes (MTH) Stock

Profile

Country:

United States

IPO:

26 July 1988

Indexes:

Not included

Description:

Meritage Homes is a homebuilding company in the United States. They design and build energy-efficient homes, focusing on quality and sustainability. The company offers a variety of home styles and communities, aiming to provide affordable housing options for families and individuals.

Key Details

Price

$191.81

TTM Dividend Yield

1.31%(+129.82% YoY)

Annual Revenue

$6.14 B(-2.55% YoY)

Annual EPS

$19.93(-25.47% YoY)

PE Ratio

8.68(+32.92% YoY)

Beta

1.19

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 29, 2024

Recent annual earnings:

Jan 31, 2024
Dividend

Next ex-dividend date:

Dec 17, 2024

Recent ex-dividend date:

Sept 16, 2024
Splits

Next split:

N/A

Recent split:

Jan 10, 2005

Analyst ratings

Recent major analysts updates

07 Nov '24 Raymond James
Market Perform
05 Nov '24 Keefe, Bruyette & Woods
Market Perform
14 Aug '24 Wolfe Research
Outperform
05 Aug '24 Seaport Global
Sell
31 July '24 Raymond James
Outperform
30 July '24 Keefe, Bruyette & Woods
Market Perform
26 July '24 Wedbush
Underperform
26 July '24 Goldman Sachs
Neutral
24 July '24 Raymond James
Outperform
15 July '24 Evercore ISI Group
Outperform

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Institutional Ownership

Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization
Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization
Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization
MTH
globenewswire.com21 November 2024

SCOTTSDALE, Ariz., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share. This dividend is payable on December 31, 2024 to shareholders of record as of the close of trading on December 17, 2024.

Meritage Homes Announces Entry into the Gulf Coast Markets with Acquisition of the Assets of Elliott Homes
Meritage Homes Announces Entry into the Gulf Coast Markets with Acquisition of the Assets of Elliott Homes
Meritage Homes Announces Entry into the Gulf Coast Markets with Acquisition of the Assets of Elliott Homes
MTH
globenewswire.com30 October 2024

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 (MTH) Q3 2024 Earnings Call Transcript
Meritage Homes Corporation (MTH) Q3 2024 Earnings Call Transcript
Meritage Homes Corporation (MTH) Q3 2024 Earnings Call Transcript
MTH
seekingalpha.com30 October 2024

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.

Meritage Homes reports third quarter 2024 results
Meritage Homes reports third quarter 2024 results
Meritage Homes reports third quarter 2024 results
MTH
globenewswire.com29 October 2024

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

Meritage Homes Appoints Erin Lantz to its Board of Directors
Meritage Homes Appoints Erin Lantz to its Board of Directors
Meritage Homes Appoints Erin Lantz to its Board of Directors
MTH
globenewswire.com15 October 2024

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: Expect Value To Keep Building
Meritage Homes: Expect Value To Keep Building
Meritage Homes: Expect Value To Keep Building
MTH
seekingalpha.com12 October 2024

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.

Fortune Brands' Moen to be MTH's Exclusive Plumbing Partner
Fortune Brands' Moen to be MTH's Exclusive Plumbing Partner
Fortune Brands' Moen to be MTH's Exclusive Plumbing Partner
MTH
zacks.com01 October 2024

FBIN's recent partnership with Meritage Homes is set to solidify Moen's exceptional plumbing solutions.

Are You Looking for a Top Momentum Pick? Why Meritage Homes (MTH) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Meritage Homes (MTH) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Meritage Homes (MTH) is a Great Choice
MTH
zacks.com19 September 2024

Does Meritage Homes (MTH) have what it takes to be a top stock pick for momentum investors? Let's find out.

Meritage Homes Corporation (MTH) Hits Fresh High: Is There Still Room to Run?
Meritage Homes Corporation (MTH) Hits Fresh High: Is There Still Room to Run?
Meritage Homes Corporation (MTH) Hits Fresh High: Is There Still Room to Run?
MTH
zacks.com19 September 2024

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.

Meritage Homes Third Quarter 2024 Earnings Conference Call and Webcast Scheduled for October 30, 2024
Meritage Homes Third Quarter 2024 Earnings Conference Call and Webcast Scheduled for October 30, 2024
Meritage Homes Third Quarter 2024 Earnings Conference Call and Webcast Scheduled for October 30, 2024
MTH
globenewswire.com18 September 2024

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.

FAQ

  • What is the primary business of Meritage Homes?
  • What is the ticker symbol for Meritage Homes?
  • Does Meritage Homes pay dividends?
  • What sector is Meritage Homes in?
  • What industry is Meritage Homes in?
  • What country is Meritage Homes based in?
  • When did Meritage Homes go public?
  • Is Meritage Homes in the S&P 500?
  • Is Meritage Homes in the NASDAQ 100?
  • Is Meritage Homes in the Dow Jones?
  • When was Meritage Homes's last earnings report?
  • When does Meritage Homes report earnings?
  • Should I buy Meritage Homes stock now?

What is the primary business of Meritage Homes?

Meritage Homes is a homebuilding company in the United States. They design and build energy-efficient homes, focusing on quality and sustainability. The company offers a variety of home styles and communities, aiming to provide affordable housing options for families and individuals.

What is the ticker symbol for Meritage Homes?

The ticker symbol for Meritage Homes is NYSE:MTH

Does Meritage Homes pay dividends?

Yes, Meritage Homes pays dividends. The last payment was $0.75, with an ex-dividend date on 16 September 2024

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 based in?

Meritage Homes is headquartered in United States

When did Meritage Homes go public?

Meritage Homes's initial public offering (IPO) was on 26 July 1988

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's last earnings report?

Meritage Homes's most recent earnings report was on 29 October 2024

When does Meritage Homes report earnings?

The next expected earnings date for Meritage Homes is 31 January 2025

Should I buy Meritage Homes stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions