Meritage Homes

Meritage Homes Corp. designs and builds single family homes. It offers variety of entry-level and first move-up homes. The firm operates through the following segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses. The Financial Services segment includes the operations of the company's subsidiary, Carefree Title. The company was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Meritage Homes reports robust Q4 results amidst sales challenges

Meritage Homes' Q4 2022 performance was strong despite challenges in sales orders and margin expectations for Q1. The company focuses on affordability, operational discipline, and community count growth.
Strategies include prestarting entry-level homes, managing cancellations, and maintaining balance sheet strength. Opportunities lie in cost savings, shareholder returns, and long-term margin guidance.
Challenges include economic uncertainty, mortgage rate impact, and balancing affordability with margins. Lessons learned emphasize agility, innovation, and proactive decision-making for effective risk management.

Meritage Homes excels in Q1 2023, eyes growth opportunities

Meritage Homes demonstrated robust performance and operational efficiency in Q1 2023, solidifying its market position and financial stability.
While facing challenges related to market uncertainties and operational complexities, the company remains poised to leverage growth opportunities and strategic initiatives for sustained success.
By focusing on sales momentum, margin improvement, and strategic expansion, Meritage Homes is well-positioned to navigate challenges and capitalize on market dynamics for future growth.

Meritage Homes achieves record Q2 results, eyes margin optimization

Meritage Homes delivered a strong performance in Q2 2023, marked by record closings and revenue, improved margins, and strategic partnerships. While facing challenges in managing incentives and build times, the company's strengths in social responsibility and financial stability position it well for future growth. Opportunities lie in optimizing margins, supply chain resilience, and capitalizing on market demand.

Meritage Homes (MTH) reports robust Q3 performance and strategic growth plans

Meritage Homes (MTH) delivered strong financial performance in Q3 2023 with notable sales growth and operational efficiency improvements.
Despite challenges such as interest rate volatility and operational constraints, the company's strategic strengths and opportunities position it for continued growth.
By focusing on customer needs, market dynamics, and strategic planning, Meritage Homes is poised to navigate challenges and capitalize on growth opportunities.
Investment-grade rating, commitment to affordability, and strategic initiatives like land banking and share repurchases showcase Meritage Homes' resilience and long-term vision.

Meritage Homes (MTH) reports robust Q4 performance and eyes margin expansion opportunities

Meritage Homes (MTH) reported strong Q4 2023 performance with a focus on driving volume and market share. Despite challenges like a temporary EPS dip in 2024, the company is optimistic about future growth strategies and margin expansion opportunities. Efforts to compete with the existing home market and increase move-in ready inventory are key strengths.

Meritage Homes excels in Q1 2024, eyes market expansion

Meritage Homes had a successful Q1 2024, showcasing strong financial performance and operational achievements. Despite challenges in maintaining margins and changing delivery patterns, the company remains optimistic about growth opportunities and market expansion. By focusing on customer satisfaction, operational efficiency, and strategic financial management, Meritage Homes aims to sustain its positive momentum.

Meritage Homes excels in Q2, eyes growth amidst seasonal challenges

Meritage Homes' Q2 performance reflects strength and resilience, with a focus on innovation and growth. While facing potential challenges in the second half of the year, the company remains well-positioned to capitalize on growth opportunities and maintain its financial stability.

Meritage Homes excels in Q3, eyes strategic growth amid challenges

Meritage Homes' Q3 performance reflects robust growth and financial strength, supported by strategic acquisitions and operational excellence.
While facing challenges in market monitoring and growth targets, the company's focus on affordable housing and operational efficiency positions it for sustained success.
With a clear roadmap for growth and a commitment to excellence, Meritage Homes is poised to capitalize on market opportunities and drive shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Meritage Homes Corp. engages in the design and construction of single-family attached and detached homes. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment acquires and develops lands, constructs homes, markets and sells those homes, and provides warranty and customer services. The Financial Services segment offers title and escrows, mortgage, and insurance services. The company was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.

D.R. Horton

LGI Homes

An entire generation is starting to buy houses for the first time, and homebuilders have a lot of catching up to do to meet that demand.

Here's Why Homebuilder Stocks Should Outperform the Market Over the Next Decade

The MERV-13 filtration standard is being installed on all newly built homes and the Company earns the EPA's Indoor airPLUS Certification The MERV-13 filtration standard is being installed on all newly built homes and the Company earns the EPA's Indoor airPLUS Certification

Meritage Homes Expands Healthy Home Offerings to Become the First Public Homebuilder to Commit to Clean Air Quality for All New Construction

Chart Industries

Alcoa

Cleveland-Cliffs

Callaway Golf

KB Home

Stamps.com

Synaptics

Winnebago

Yelp

In this article we'll check out the 10 Best Small-Cap Stocks To Buy Now. Click the following link to jump straight to the 5 Best Small-Cap Stocks To Buy Now .

10 Best Small-Cap Stocks To Buy Now

Meritage (MTH) could produce exceptional returns because of its solid growth attributes.

Looking for a Growth Stock? 3 Reasons Why Meritage (MTH) is a Solid Choice

AGCO

Dollar General

Labcorp Holdings Inc

Rush Enterprises

A company that is capable of generating earnings well above its interest expense can withstand financial hardships.

Scoop Up These 5 Stocks With Exciting Interest Coverage Ratio

PennyMac Financial Services

The market's hot thanks to low rates...but those rates may be a bit too low.

Why These Top Real Estate Stocks Fell by Double Digits in October

Is (MTH) Outperforming Other Construction Stocks This Year?

Is Meritage Homes (MTH) Stock Outpacing Its Construction Peers This Year?

PulteGroup

MTH vs. PHM: Which Stock Is the Better Value Option?

MTH or PHM: Which Is the Better Value Stock Right Now?

Quest Diagnostics

Michaels

Pampa Energia

If you are not sure whether to invest your money in bonds or stocks, a key parameter that can show you the right direction is earnings yield.

5 High Earnings Yield Stocks That Make Attractive Bets

Masco

Owens Corning

Rayonier

United Rentals

The sector's Q3 results are likely to reflect a solid housing market. High labor cost and the COVID-19 pandemic might have been risks.

Construction Stock Earnings Due on Oct 28: MAS, URI, OC, RYN

Meritage (MTH) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Meritage (MTH) Is a Great Growth Stock

Beazer Homes USA

Lennar

Toll Brothers

Homebuilders like Beazer Homes USA, Inc. (BZH), Toll Brothers Inc. (TOL), PulteGroup, Inc. (PHM) and Lennar Corporation (LEN) have been benefiting from the boom in housing market.

Existing Home Sales Hit New High in September: 5 Winners

Hilton Worldwide Holdings

Meritage Homes Corporation (MTH) CEO Steven Hilton on Q3 2020 Results - Earnings Call Transcript

Pulte Group and Meritage Homes beat earnings views as housing demand soars. But those and other homebuilder stocks flashed a key sell signal.

Homebuilder Stocks Flash Key Sell Signal Despite Strong Earnings

Meritage Homes' (MTH) third-quarter 2020 top line reflects stronger market demand and lower mortgage interest rates.

Meritage Homes (MTH) Q3 Earnings Top Estimates, Rise Y/Y

Shares of Meritage Homes (NYSE:MTH) rose 3.37% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 58.66% over the past year to $2.84, which beat the estimate of $2.41.

Meritage Homes: Q3 Earnings Insights

SCOTTSDALE, Ariz., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, reported third quarter results for the period ended September 30, 2020.

Meritage Homes reports record third quarter 2020 orders 71% higher than prior year; 56% increase in net earnings with 21% revenue growth and 21.5% gross margin

Axalta Coating Systems

Landstar System

Getting into buy-ranked stocks that are very likely to top estimates is a good way to lock in some quick gains. PHM, MTH, LSTR, CVLG and AXTA show the way.

5 Undervalued Strong Buy Stocks Set to Beat Earnings Estimates

Major homebuilders like PulteGroup, Inc. (PHM), Beazer Homes USA, Inc. (BZH) and Lennar Corporation (LEN) have been benefiting from the boom in the homebuilding market over the past few months.

Homebuilder Sentiment Hits New High: 5 Solid Stocks to Buy

M.D.C. Holdings

Taylor Morrison Home

TRI Pointe Group

MDC, MTH, PHM, TPH, TMHC and DHI are great picks in the super-hot Home Builders industry.

6 Great Home Building Stocks to Maximize Your Gains

On Wednesday, October 21, Meritage Homes (NYSE: MTH) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Meritage Homes's Earnings Outlook

Meritage Homes (MTH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Meritage Homes (MTH) This Earnings Season?

Amedisys

CVS Health

Insperity

Vertex Pharmaceuticals

A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Companies such as Meritage Homes (MTH), Vertex Pharmaceuticals (VRTX), CVS Health (CVS), Amedisys (AMED) and Insperity (NSP) are sound enough to meet financial obligations.

Pick These 5 Stocks With Superb Interest Coverage Ratio

Focus on entry-level buyers and robust housing market fundamentals are likely to have aided Meritage Homes' (MTH) Q3 Homebuilding revenues.

Homebuilding Revenues to Aid Meritage Homes (MTH) Q3 Earnings

Focus on entry-level buyers and robust housing market fundamentals are likely to have aided Meritage Homes' (MTH) Q3 performance.

News for Meritage Homes Stock (MTH)