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Meritage Homes (MTH) Stock

Profile

Full Name:

Meritage Homes Corporation

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

$77.80

TTM Dividend Yield

1.93%(+196.92% YoY)

Annual Revenue

$6.14 B(-2.55% YoY)

Annual EPS

$9.96(-25.47% YoY)

PE Ratio

7.04(-15.28% YoY)

Beta

1.07

Events Calendar

Earnings

Next earnings date:

Apr 24, 2025

Recent quarterly earnings:

Jan 29, 2025

Recent annual earnings:

Jan 29, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 17, 2024
Splits

Next split:

N/A

Recent split:

Jan 03, 2025

Analyst ratings

Recent major analysts updates

14 Jan '25 Goldman Sachs
Buy
08 Jan '25 UBS
Buy
13 Dec '24 JP Morgan
Neutral
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

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Institutional Ownership

Meritage Homes Corporation (MTH) Q4 2024 Earnings Call Transcript
Meritage Homes Corporation (MTH) Q4 2024 Earnings Call Transcript
Meritage Homes Corporation (MTH) Q4 2024 Earnings Call Transcript
MTH
seekingalpha.com30 January 2025

Meritage Homes Corporation (NYSE:MTH) will hold its Q4 2024 Earnings Conference Call on January 30, 2025, at 10:00 AM ET. The call will feature company representatives, including Emily Tadano, Steve Hilton, Phillippe Lord, and Hilla Sferruzza. Analysts from various firms, such as JPMorgan, UBS, and Goldman Sachs, will also participate in the discussion.

Meritage Homes' Q4 Earnings & Revenues Surpass Estimates
Meritage Homes' Q4 Earnings & Revenues Surpass Estimates
Meritage Homes' Q4 Earnings & Revenues Surpass Estimates
MTH
zacks.com30 January 2025

MTH's results for the fourth quarter of 2024 are supported by its approach of providing fast, affordable homes that are ready for immediate occupancy, along with efficient operations.

Meritage Homes reports fourth quarter 2024 results
Meritage Homes reports fourth quarter 2024 results
Meritage Homes reports fourth quarter 2024 results
MTH
globenewswire.com29 January 2025

SCOTTSDALE, Ariz., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a top homebuilder in the U.S., has released its results for the fourth quarter and the entire year that ended on December 31, 2024.

Meritage Homes to Report Q4 Earnings: What's in Store for the Stock?
Meritage Homes to Report Q4 Earnings: What's in Store for the Stock?
Meritage Homes to Report Q4 Earnings: What's in Store for the Stock?
MTH
zacks.com27 January 2025

MTH's performance in the fourth quarter of 2024 probably showed challenges in making profits, along with fewer deliveries and lower average selling prices.

Meritage Homes (MTH) Expected to Beat Earnings Estimates: Should You Buy?
Meritage Homes (MTH) Expected to Beat Earnings Estimates: Should You Buy?
Meritage Homes (MTH) Expected to Beat Earnings Estimates: Should You Buy?
MTH
zacks.com22 January 2025

Meritage (MTH) has the right mix of two important factors that could lead to a strong earnings report soon. Be ready for the main expectations.

Will Meritage (MTH) Beat Estimates Again in Its Next Earnings Report?
Will Meritage (MTH) Beat Estimates Again in Its Next Earnings Report?
Will Meritage (MTH) Beat Estimates Again in Its Next Earnings Report?
MTH
zacks.com10 January 2025

Meritage (MTH) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Meritage Homes Appoints Geisha Williams to its Board of Directors
Meritage Homes Appoints Geisha Williams to its Board of Directors
Meritage Homes Appoints Geisha Williams to its Board of Directors
MTH
globenewswire.com06 January 2025

SCOTTSDALE, Ariz., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., has announced that Geisha Williams has been appointed as an independent director on its Board of Directors, effective immediately. This decision reflects the company's dedication to refreshing its board and enhancing diversity as it expands to 12 directors. The Board will evaluate Ms. Williams for potential roles on one or more committees during upcoming meetings.

Here's Why Investors Must Retain Meritage Homes Stock for Now
Here's Why Investors Must Retain Meritage Homes Stock for Now
Here's Why Investors Must Retain Meritage Homes Stock for Now
MTH
zacks.com02 January 2025

MTH gains advantages from its emphasis on affordable housing and effective planning for new homes, even with difficulties in the industry.

Meritage Homes Gives $3.3 Million In 2024 To Support Communities Nationwide
Meritage Homes Gives $3.3 Million In 2024 To Support Communities Nationwide
Meritage Homes Gives $3.3 Million In 2024 To Support Communities Nationwide
MTH
globenewswire.com17 December 2024

SCOTTSDALE, Ariz., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest public homebuilder in the U.S., is staying true to its promise of a Life.Built.Better.® in 2024 by donating $3.3 million and sponsoring various community volunteer events. This year, the company gave $1.5 million mainly through its charitable foundation, Meritage Cares, to address issues like food insecurity, tree planting, education, and support for military veterans. Additionally, they contributed nearly $1.8 million to enhance K-12 education in Arizona, Florida, and Georgia.

Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
MTH
seekingalpha.com14 December 2024

I continue to recommend buying shares of Meritage Homes Corporation because of its promising earnings growth and positive market conditions, such as limited housing supply and high mortgage rates. The company's strategy of offering quick, move-in ready homes with a 60-day closing guarantee makes it well-suited to meet current demand. However, there are risks to consider, including stricter regulations on home financing and supply chain challenges due to rising new home construction.

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 $0.38, with an ex-dividend date on 17 December 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 January 2025

When does Meritage Homes report earnings?

The next expected earnings date for Meritage Homes is 24 April 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