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.

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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.

Meritage (MTH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Meritage (MTH) Upgraded to Strong Buy: Here's What You Should Know

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MTH, CCU and DHC made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 9, 2023.

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If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Meritage (MTH) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Meritage (MTH) Is Still a Bargain Stock

Meritage Homes' (MTH) strategic shift to a pure-play entry-level and first-move-up builder is expected to drive growth amid industry headwinds.

Meritage Homes (MTH) Surges 39.6% YTD: Will the Momentum Last?

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Although higher mortgage rates, a rise in input prices and land/labor costs pose risks, lack of existing homes for sale and better operating leverage are likely to drive the Zacks Building Products - Home Builders industry. DHI, NVR, PHM, TOL and MTH are well-positioned to gain.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Meritage Homes (MTH) Stock Undervalued Right Now?

Ongoing Collaboration Marks Tenth Year of the Partnership and 18th Home Donated by Meritage Ongoing Collaboration Marks Tenth Year of the Partnership and 18th Home Donated by Meritage

Meritage Homes Continues Partnership with Operation Homefront To Build New Home for Military Family in South Florida

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Does Meritage Homes (MTH) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Meritage Homes (MTH) a Strong Momentum Stock: Buy Now?

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Meritage (MTH) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Meritage (MTH) Is Attractively Priced Despite Fast-paced Momentum

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The homebuilder was also recognized by additional awards for its commitment to sustainability, high homebuyer satisfaction ratings, and overall leadership in the industry. The homebuilder was also recognized by additional awards for its commitment to sustainability, high homebuyer satisfaction ratings, and overall leadership in the industry.

Meritage Homes Honored With 2023 Hearthstone BUILDER Humanitarian Award

The headline numbers for Meritage (MTH) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Meritage (MTH) Q1 Earnings: A Look at Key Metrics

Meritage Homes Corporation (MTH) Q1 2023 Earnings Call Transcript.

Meritage Homes Corporation (MTH) Q1 2023 Earnings Call Transcript

Meritage Homes' (MTH) first-quarter results were hurt by lower gross margin and overhead leverage.

Meritage Homes (MTH) Q1 Earnings Beat, Margins Fall Y/Y

Meritage Homes (MTH) came out with quarterly earnings of $3.54 per share, beating the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $5.79 per share a year ago.

Meritage Homes (MTH) Beats Q1 Earnings and Revenue Estimates

SCOTTSDALE, Ariz., April 26, 2023 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2023.

Meritage Homes reports first quarter 2023 results including record first quarter closing units and home closing revenue

Home sales have fallen sharply from the 2020-2021 peak and prices are starting to fall, too. But there are still ample opportunities for investors.

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Joining fellow homebuilders in demand among the best mutual funds, Meritage Homes is on the verge of nailing down a new breakout. The post Building Breakouts: Meritage Among 9 Homebuilders Setting Up appeared first on Investor's Business Daily.

Building Breakouts: Meritage Among 9 Homebuilders Setting Up

Meritage Homes is showing bullish technical action and boasts a strong earnings history. Homebuilder stocks are market leaders.

News for Meritage Homes Stock (MTH)