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.

Meritage Homes posts Q2 results after the market closes, ahead of rival PulteGroup before the open Thursday. Meritage stock hit a multiyear high.

This Builder Stock Hits Highest Point Since Housing Boom Ahead Of Earnings

Boise Cascade

BlueLinx Holdings

Norbord

PGT Innovations

Amid optimism surrounding improved residential market and public spending level, it makes sense to pick construction stocks with solid momentum.

5 Top-Ranked Construction Stocks for Momentum Investors

Strategic initiatives to boost customer dealings are likely to have boosted Meritage Homes' (MTH) Q2 performance.

Will Virtual Platforms Aid Meritage Homes (MTH) Q2 Earnings?

Meritage Homes (MTH) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Why Meritage Homes (MTH) Could Be Positioned for a Surge?

D.R. Horton

Forterra

M.D.C. Holdings

Falling mortgage rates are nothing new this year, triggering strength in the housing market.

4 Construction Stocks to Bank on Record Low Mortgage Rates

Century Communities

Taylor Morrison Home

TRI Pointe Group

The latest July reading of builders' confidence signals improving housing market conditions as mortgage rates hit record-low.

Builder Confidence Springs Back in July: 5 Top Housing Picks

Build A Stronger Portfolio With Meritage Homes

Meritage Homes (MTH) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Meritage Homes (MTH): Strong Industry, Solid Earnings Estimate Revisions

New amenity-rich community underscores builder’s commitment to providing energy-efficient, affordable housing across Arizona New amenity-rich community underscores builder’s commitment to providing energy-efficient, affordable housing across Arizona

Meritage Homes Introduces Archer Meadows in San Tan Valley

Homebuilding prospects remain solid on upbeat demand in the second half of 2020. In this context, let us analyze whether Meritage Homes (MTH) or Taylor Morrison (TMHC) is a better pick at the moment.

Meritage Homes vs. Taylor Morrison: Which Stock to Bet on?

Allstate

ClearBridge Energy MLP Fund Inc

Kayne Anderson Midstream/Energy Fund Inc.

Lennar

Direxion Daily Homebuilders & Supplies Bull 3X Shares

Toyota Motor

SPDR S&P Homebuilders ETF

Top Piotroski-Graham Long-Term Value Stocks: Mid-Year 2020 Selections

Armstrong Flooring

U.S. Concrete

The pandemic has pushed the benchmark 30-year mortgage rates to record lows this year, the latest one being this week.

4 Stocks to Buy on Record Low Mortgage Rates

Universal Forest Products

Here are 5 stocks that can help you play this attractive segment.

Home Building Stocks Are Attractive Now

LGI Homes

Get an update on the housing market and three stocks in the housing industry.

3 Housing Stocks to Watch

Hologic

Keurig Dr Pepper Inc

Sally Beauty Hlds

Vistra Energy

By following broker ratings, you can find stocks that are likely to generate impressive returns.

5 Stocks With Upgraded Broker Ratings to Buy Right Away

Beazer Homes USA

The surge in May sales of new homes is an indication that the worst is over and buyers are once again rushing to the housing market.

New Home Sales Surge in May: 5 Stocks to Buy

The reopening of most parts of the country helped new home sales rebound in May.

May New Home Sales Strong: 5 Key Housing Picks

Jones Lang LaSalle

Low interest rates mean now is the best time to lock in a favorable mortgage

3 Undervalued Real Estate Stocks to Consider as Mortgage Applications Spike

Williams-Sonoma

The housing market tends to recover from the coronavirus pandemic as homebuilder sentiment records the biggest monthly surge in June.

Builder Sentiment Posts Biggest Monthly Rise: Stocks in Focus

Forestar Group

KB Home

PulteGroup

Toll Brothers

Homebuilders may be among the beneficiaries from low interest rates and federal stimulus packages aimed at buffering the economic strain from the coronavirus pandemic, according to BofA Securities.

Low Interest Rates, Federal Stimulus Lead BofA To Raise Homebuilder Price Targets

Meritage Homes' (MTH) business is benefiting from strategic initiatives and strong order growth. Yet, coronavirus-led shutdown may put pressure on the upcoming results.

Factors That Underscore Meritage Homes (MTH) Solid Prospects

Atlantic Power

Middlesex Water

The Federal Reserve is optimistic about the U.S. economy over the next two years.

4 Stocks to Ride on Fed's Dovish Stance for the Long Term

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 (MTH) Soars to 52-Week High, Time to Cash Out?

Despite terrible housing data, the stock market is bullish on residential real estate.

Why These Homebuilder Stocks Soared More Than 25% in May

The Taylor Landing and West End Station communities expand the builder’s presence in the region and are ideal for first-time homebuyers The Taylor Landing and West End Station communities expand the builder’s presence in the region and are ideal for first-time homebuyers

News for Meritage Homes Stock (MTH)