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

Hoya Capital Housing ETF

iShares U.S. Home Construction ETF

PulteGroup

SPDR S&P Homebuilders ETF

Housing industry biggies have come up with strong earnings this time around. This along with the upcoming spring selling season will further boost housing ETFs.

Housing ETFs Soar on Upbeat Earnings With More Room to Run

Entry-level housing is a massive growth market, and this small homebuilder is already profiting from growing demand. There's a good chance you don't own it, and you probably should.

This Growth Stock Is Probably Missing in Your Retirement Account

Meritage Homes' (MTH) top and the bottom line benefit from strategic initiatives and solid order growth.

Meritage Homes Gains From Entry Level Buyers & Order Growth

Janus Henderson Group

LHC Group

T. Rowe Price Group

Want to try an out-of-the-box approach to earn handsome returns? Tap these stocks with explosive relative price strength.

5 of the Best Stocks with Stellar Relative Price Strength

KB Home

Osisko Gold Royalties

Royal Gold

China's coronavirus is weighing on the stock market, pushing investors toward safe haven gold and mortgage rates lower. Here are five stocks that can return well on investment.

5 Stocks to Make the Most of Coronavirus Scare

Meritage Homes Corp (MTH) CEO Steven Hilton on Q4 2019 Results - Earnings Call Transcript

Sales prices may be weakening, but margin improvement more than makes up for it.

Why Meritage Homes Stock Popped 10% -- Then Dropped

Meritage Homes' (MTH) fourth-quarter 2019 results benefit from higher volumes and operating efficiencies.

Meritage Homes (MTH) Q4 Earnings Beat Estimates, Shares Up

American River Bankshares

Eagle Bancorp Montana

M/I Homes

Domestic-business-oriented companies are mostly immune to any external shock since the United States is the lone market for their products.

5 Top-Ranked  U.S.-Focused Stocks to Defy Volatility

Arcosa Inc

Installed Building Products

A stable U.S. economy, despite the fact that it is in the historically longest 11.5 years of expansion, is a major positive for construction stocks.

5 High-Flying Construction Stocks Set to Soar Higher in 2020

Focus on entry-level/first-move-up buyers and strategic initiatives are likely to have boosted Meritage Homes' (MTH) Q4 performance. Yet, lower selling prices and higher costs may have been concerns.

Will Low Selling Price Ail Meritage Homes (MTH) Q4 Earnings?

Lennar

M.D.C. Holdings

The housing space looks attractive as existing home sales have improved from the prior months amid record low inventory level.

Home Sales Near 2-Year High Despite Supply Woes: 5 Picks

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

Is Meritage (MTH) a Solid Growth Stock? 3 Reasons to Think " Yes "

Meritage Homes (MTH) introduces industry-first solution to simplify the interior design process for buyers of new home construction.

Meritage Homes Unveils Design Collections, Boosts Innovation

Industry-First Solution to Simplify the Interior Design Process for Buyers of New Home Construction Industry-First Solution to Simplify the Interior Design Process for Buyers of New Home Construction

Meritage Homes Announces Design Collections, A Transformative Approach to New Home Design Supported By New Homebuyer Research

Solid homebuilding fundamentals are expected to boost housing demand in 2020. In this context, let us analyze whether Meritage Homes (MTH) or Taylor Morrison (TMHC) is a better pick at the moment.

Is Meritage Homes a Better Housing Stock Than Taylor Morrison?

Meritage Homes (MTH) is set to benefit from the focus on entry-level, first-time and move-up buyers along with positive housing industry.

Meritage Homes Looks Strong Going Into 2020: Here's Why

Barclays

Jazz Pharmaceuticals

Lithia Motors

Marathon Petroleum

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 for a Standout Portfolio

Insight Enterprises

Select Medical Holdings

Universal Forest Products

The U.S. economy is in good shape with a robust labor market, higher consumer spending and a dovish monetary stance taken by the Fed.

5 Must-Buy Top-Ranked Mid-Cap Stocks for 2020

Lower mortgage rate, decent economic growth, increase in Builder Confidence as and Housing Starts bode well for housing industry.

2020 Could be a Great Year for Housing: 5 Stocks to Buy Now

Meritage Homes has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Meritage Homes Enters Oversold Territory

Home builder confidence in the newly built, single-family home market jumped 5 points in December to 76.

3 Stocks to Consider as Home Builder Confidence Hits 20-Year High

Orion Energy Systems

Housing starts and building permits saw an uptick in November and builder's confidence soared to the highest level since 1999.

Home Builders' Confidence Highest Since 1999: 5 Picks

Solid housing fundamentals are set to boost market conditions in the near term with a 50-year low unemployment rate and increased wage growth.

Builder Confidence Ends 2019 at 20-Year High: 5 Housing Picks

HOUSTON, Dec.  13, 2019  (GLOBE NEWSWIRE) -- Meritage Homes, the seventh-largest public homebuilder in the U.S., today announced the opening of  Oaks of Lawndale , a new community of highly energy-efficient homes just minutes from downtown Houston.  Prospective buyers are now invited to tour the community’s new model home with 3 bedrooms, 2.5 bathrooms and a 2-car garage.

News for Meritage Homes Stock (MTH)