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

Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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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.

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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.

Meritage Homes (MTH) closed the most recent trading day at $165.95, moving -0.22% from the previous trading session.

Meritage Homes (MTH) Sees a More Significant Dip Than Broader Market: Some Facts to Know

SCOTTSDALE, Ariz., March 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage,” “Meritage Homes” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that board director Raymond Oppel will not seek re-election to the Board at the Company's upcoming annual meeting of shareholders and will retire from his position effective May 16, 2024. Mr. Oppel joined Meritage's Board in 1997 and during his tenure, chaired the Executive Compensation Committee. He is currently a member of the Executive Compensation and Land Committees.

Raymond Oppel to Retire from Meritage Homes Board of Directors

The latest trading day saw Meritage Homes (MTH) settling at $161.25, representing a +0.83% change from its previous close.

Meritage Homes (MTH) Ascends While Market Falls: Some Facts to Note

The latest trading day saw Meritage Homes (MTH) settling at $159.92, representing a +1.35% change from its previous close.

Why Meritage Homes (MTH) Outpaced the Stock Market Today

Meritage Homes (MTH) reachead $156.69 at the closing of the latest trading day, reflecting a +1.45% change compared to its last close.

Meritage Homes (MTH) Exceeds Market Returns: Some Facts to Consider

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

Why Is Meritage (MTH) Up 2.7% Since Last Earnings Report?

In the most recent trading session, Meritage Homes (MTH) closed at $157.66, indicating a +1.49% shift from the previous trading day.

Meritage Homes (MTH) Laps the Stock Market: Here's Why

Nominating / Governance and Environmental, Social and Sustainability Board Committees Consolidated into Single Committee Nominating / Governance and Environmental, Social and Sustainability Board Committees Consolidated into Single Committee

Meritage Homes Increases Quarterly Cash Dividend And Announces Systematic Share Repurchase Strategy

Meritage Homes Corporation (MTH) Q4 2023 Earnings Call Transcript

Meritage Homes' (MTH) fourth-quarter results reflect challenging home prices and closing.

Meritage Homes (MTH) Q4 Earnings & Revenues Beat, Orders Up

Although the revenue and EPS for Meritage (MTH) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Meritage (MTH) Reports Q4 Earnings: What Key Metrics Have to Say

60% year-over-year increase in sales orders and home closing gross margin of 25.2% 60% year-over-year increase in sales orders and home closing gross margin of 25.2%

Meritage Homes reports fourth quarter 2023 results

Meritage Homes' (MTH) fourth-quarter performance is likely to have suffered due to high mortgage rates and macroeconomic uncertainties.

What to Expect From Meritage Homes' (MTH) Q4 Earnings?

Get a deeper insight into the potential performance of Meritage (MTH) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Wall Street's Insights Into Key Metrics Ahead of Meritage (MTH) Q4 Earnings

Meritage (MTH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Meritage Homes (MTH) Expected to Beat Earnings Estimates: Should You Buy?

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In the latest trading session, Meritage Homes (MTH) closed at $170.22, marking a -0.99% move from the previous day.

Why Meritage Homes (MTH) Dipped More Than Broader Market Today

Meritage (MTH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Meritage (MTH) Could Beat Earnings Estimates Again

In the closing of the recent trading day, Meritage Homes (MTH) stood at $170.09, denoting a +1.3% change from the preceding trading day.

Meritage Homes (MTH) Increases Yet Falls Behind Market: What Investors Need to Know

Meritage Homes (MTH) closed at $170.76 in the latest trading session, marking a -1.97% move from the prior day.

Here's Why Meritage Homes (MTH) Fell More Than Broader Market

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National homebuilder expands charitable giving campaign and celebrates ten years of partnership with Operation Homefront National homebuilder expands charitable giving campaign and celebrates ten years of partnership with Operation Homefront

Meritage Homes Gives $3.3 Million In 2023 To Build Stronger Communities Nationwide

Meritage Homes (MTH) concluded the recent trading session at $171.13, signifying a -1.1% move from its prior day's close.

Meritage Homes (MTH) Stock Slides as Market Rises: Facts to Know Before You Trade

Meritage Homes' (MTH) emphasis on spec strategy and performance-driving efforts bode well. However, uncertain macroeconomic environments are a concern.

Meritage Homes (MTH) Up 94% in a Year: More Room to Run?

Meritage (MTH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

News for Meritage Homes Stock (MTH)