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

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Earnings data Q4 2022

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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.

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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.

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Although Meritage Homes (MTH) reports strong Q1 orders, its March orders decline due to coronavirus pandemic.

Meritage Homes' (MTH) Q1 Orders Strong, March Orders Decline

The homebuilder gave investors a glimpse of its first-quarter results.

Here's Why Meritage Homes Stock Was Rising Monday

Comprehensive virtual homebuying process facilitates safe and efficient purchase and closing of homes Comprehensive virtual homebuying process facilitates safe and efficient purchase and closing of homes

Meritage Homes Releases Preliminary First Quarter 2020 Home Closings, Orders and Backlog

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Meritage Homes Is A Good Long-Term Buy Trading Below Its Book Value

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Is Meritage Homes (MTH) a Great Stock for Value Investors?

SCOTTSDALE, Ariz., March  10, 2020  (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, announced the appointment of P. Kelly Mooney to its Board of Directors as an independent director.

Meritage Homes Corporation Elects Kelly Mooney to Board of Directors

Why Meritage Homes Stock Dropped Today

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A stable U.S. economy and record low market interest rate, which resulted in sharp decline in mortgage rate, primary catalysts driving the industry.

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A Relative Strength Rating upgrade for Meritage Homes shows improving technical performance.
The post Meritage Homes Stock Rating Jumps As Mortgage Rates Slide appeared first on Investor's Business Daily.

Meritage Homes Stock Rating Jumps As Mortgage Rates Slide

Lower mortgage rates resulting from the Fed rate cut will likely help housing sustain momentum.

What Fed's Hasty Rate Cut Means for Housing Amid Corona Scare

Meritage (MTH) reported earnings 30 days ago. What's next for the stock?

Why Is Meritage (MTH) Down 10.9% Since Last Earnings Report?

Despite supply woes, new home sales hit the highest level in January since July 2007 on the back of strong housing market fundamentals.

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Strong sales in the northeast and west overcame weaker sales in the southeast. Homebuilders focused on entry-level properties could profit as demand remains strong.

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The Quarry at Stoneridge to offer Affordable Meritage Homes in Melissa, TX The Quarry at Stoneridge to offer Affordable Meritage Homes in Melissa, TX

Meritage Homes Introduces New Tree-Lined Community in Top-Rated Melissa School District

Residential homebuilders Meritage, PulteGroup, and D.R. Horton rode industry trends to outperformance.

News for Meritage Homes Stock (MTH)