Summary
178.35 -4.25(-2.32%)05/21/2024
Meritage Homes Corp. (MTH)
Meritage Homes Corp. (MTH)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 3.16 | 9.13 | 10.99 | 17.89 | 36.08 | 42.45 | 247.18 | 4,547.43 |
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| Trading Data | ||
| Close | 180.88 | |
| Open | 176.60 | |
| High | 183.77 | |
| Low | 176.60 | |
| Volume | 1,160,473 | |
| Change | 5.54 | |
| Change % | 3.16 | |
| Avg Volume (20 Days) | 438,735 | |
| Volume/Avg Volume (20 Days) Ratio | 2.65 | |
| 52 Week Range | 109.23 - 183.77 | |
| Price vs 52 Week High | -1.57% | |
| Price vs 52 Week Low | 65.60% | |
| Range | 2.42 | |
| Gap Up/Down | 0.35 | |
Fundamentals | ||
| Market Capitalization (Mln) | 6,475 | |
| EBIDTA | 997,086,976 | |
| PE Ratio | 8.4047 | |
| PEG Ratio | 1.2800 | |
| WallStreet Target Price | 186.17 | |
| Book Value | 129.9750 | |
| Earnings Per Share | 21.4500 | |
| EPS Estimate Current Quarter | 3.5200 | |
| EPS Estimate Next Quarter | 4.2400 | |
| EPS Estimate Current Year | 20.2000 | |
| EPS Estimate Next Year | 21.2400 | |
| Diluted EPS (TTM) | 21.4500 | |
| Revenues | ||
| Profit Marging | 0.1254 | |
| Operating Marging (TTM) | 0.1526 | |
| Return on asset (TTM) | 0.0982 | |
| Return on equity (TTM) | 0.1806 | |
| Revenue TTM | 6,327,977,984 | |
| Revenue per share TTM | 173.2230 | |
| Quarterly Revenue Growth (YOY) | 0.1480 | |
| Quarterly Earnings Growth (YOY) | 0.4290 | |
| Gross Profit (TTM) | 1,803,095,000 | |
| Dividends | ||
| Dividend Share | 1.5600 | |
| Dividend Yield | 0.0166 | |
| Valuations | ||
| Trailing PE | 8.4047 | |
| Forward PE | 8.9686 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.2532 | |
| Revenue Enterprise Value | 0.9646 | |
| EBITDA Enterprise Value | 6.0738 | |
| Shares | ||
| Shares Outstanding | 36,319,000 | |
| Shares Float | 35,543,603 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 2.11 | |
| Institutions (%) | 102.33 | |
05/16 13:00 EST - globenewswire.com
Meritage Homes Announces Quarterly Cash Dividend
SCOTTSDALE, Ariz., May 16, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share. This dividend is payable on June 28, 2024 to shareholders of record as of the close of trading on June 14, 2024.
Meritage Homes Announces Quarterly Cash Dividend
SCOTTSDALE, Ariz., May 16, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share. This dividend is payable on June 28, 2024 to shareholders of record as of the close of trading on June 14, 2024.
05/09 10:06 EST - globenewswire.com
Meritage Homes Completes Offering of 1.75% Convertible Senior Notes
SCOTTSDALE, Ariz., May 09, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has completed its offering and sale of $575 million aggregate principal amount of 1.75% Convertible Senior Notes due 2028. This amount includes the exercise in full by the initial purchasers of their option to purchase up to an additional $75 million aggregate principal amount of notes.
Meritage Homes Completes Offering of 1.75% Convertible Senior Notes
SCOTTSDALE, Ariz., May 09, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has completed its offering and sale of $575 million aggregate principal amount of 1.75% Convertible Senior Notes due 2028. This amount includes the exercise in full by the initial purchasers of their option to purchase up to an additional $75 million aggregate principal amount of notes.
05/07 07:00 EST - globenewswire.com
Meritage Homes Announces Pricing of Convertible Senior Notes
SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced the pricing of $500 million aggregate principal amount of its 1.75% Convertible Senior Notes due 2028 (the “notes”). The Company also granted the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes. The sale of the notes is expected to settle on May 9, 2024, subject to customary closing conditions, and is expected to result in approximately $484.8 million (or approximately $557.8 million if the initial purchasers exercise their option to purchase additional notes in full) in net proceeds to Meritage after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by Meritage.
Meritage Homes Announces Pricing of Convertible Senior Notes
SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced the pricing of $500 million aggregate principal amount of its 1.75% Convertible Senior Notes due 2028 (the “notes”). The Company also granted the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes. The sale of the notes is expected to settle on May 9, 2024, subject to customary closing conditions, and is expected to result in approximately $484.8 million (or approximately $557.8 million if the initial purchasers exercise their option to purchase additional notes in full) in net proceeds to Meritage after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by Meritage.
05/06 13:01 EST - zacks.com
Are You Looking for a Top Momentum Pick? Why Meritage Homes (MTH) is a Great Choice
Does Meritage Homes (MTH) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why Meritage Homes (MTH) is a Great Choice
Does Meritage Homes (MTH) have what it takes to be a top stock pick for momentum investors? Let's find out.
05/06 10:16 EST - zacks.com
Meritage Homes Corporation (MTH) Hits Fresh High: Is There Still Room to Run?
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 Homes Corporation (MTH) Hits Fresh High: Is There Still Room to Run?
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.
05/06 06:40 EST - globenewswire.com
Meritage Homes Announces Offering of Convertible Senior Notes
SCOTTSDALE, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has commenced an offering of $500 million aggregate principal amount of its Convertible Senior Notes due 2028 (the “notes”), subject to market and other conditions. The Company also expects to grant the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes.
Meritage Homes Announces Offering of Convertible Senior Notes
SCOTTSDALE, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has commenced an offering of $500 million aggregate principal amount of its Convertible Senior Notes due 2028 (the “notes”), subject to market and other conditions. The Company also expects to grant the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes.
05/01 17:46 EST - globenewswire.com
Meritage Homes Announces Two-Part Series Investor Day Webcast Calls
SCOTTSDALE, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it will host a two-part series of investor day webcast calls with Phillippe Lord, chief executive officer of Meritage Homes, and Hilla Sferruzza, chief financial officer of Meritage Homes. Each call will be different and distinct in its coverage of key strategic topics for the Company, including the introduction to a new business model, long-term targets, land financing updates and capital allocation. The two calls will conclude with a question-and-answer session from both the guest host and the live audience.
Meritage Homes Announces Two-Part Series Investor Day Webcast Calls
SCOTTSDALE, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it will host a two-part series of investor day webcast calls with Phillippe Lord, chief executive officer of Meritage Homes, and Hilla Sferruzza, chief financial officer of Meritage Homes. Each call will be different and distinct in its coverage of key strategic topics for the Company, including the introduction to a new business model, long-term targets, land financing updates and capital allocation. The two calls will conclude with a question-and-answer session from both the guest host and the live audience.
05/01 09:51 EST - zacks.com
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Meritage (MTH)
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.
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Meritage (MTH)
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.
04/25 23:00 EST - seekingalpha.com
Meritage Homes Corporation (MTH) Q1 2024 Earnings Call Transcript
Meritage Homes Corporation (NYSE:MTH ) Q1 2024 Earnings Conference Call April 25, 2024 11:30 AM ET Company Participants Emily Tadano - Vice President of Investor Relations and ESG Steven Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - Zelman & Associates Michael Rehaut - JPMorgan John Lovallo - UBS Susan Maklari - Goldman Sachs Alex Barron - Housing Research Center Jay McCanless - Wedbush Securities Kenneth Zener - Seaport Research Partners Operator Hello, and welcome to the Meritage Homes First Quarter 2024 Analyst Call. [Operator Instructions] As a reminder, this conference is being recorded.
Meritage Homes Corporation (MTH) Q1 2024 Earnings Call Transcript
Meritage Homes Corporation (NYSE:MTH ) Q1 2024 Earnings Conference Call April 25, 2024 11:30 AM ET Company Participants Emily Tadano - Vice President of Investor Relations and ESG Steven Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - Zelman & Associates Michael Rehaut - JPMorgan John Lovallo - UBS Susan Maklari - Goldman Sachs Alex Barron - Housing Research Center Jay McCanless - Wedbush Securities Kenneth Zener - Seaport Research Partners Operator Hello, and welcome to the Meritage Homes First Quarter 2024 Analyst Call. [Operator Instructions] As a reminder, this conference is being recorded.
04/25 14:01 EST - zacks.com
Meritage Homes (MTH) Q1 Earnings Beat, Orders & Backlog Up
Meritage Homes' (MTH) first-quarter results reflect strong closing, orders and backlog.
Meritage Homes (MTH) Q1 Earnings Beat, Orders & Backlog Up
Meritage Homes' (MTH) first-quarter results reflect strong closing, orders and backlog.
04/24 22:01 EST - zacks.com
Meritage (MTH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Meritage (MTH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Meritage (MTH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Meritage (MTH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
04/24 16:30 EST - globenewswire.com
Meritage Homes reports first quarter 2024 results
Record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted EPS Record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted EPS
Meritage Homes reports first quarter 2024 results
Record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted EPS Record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted EPS
04/23 13:20 EST - investorplace.com
The Top 3 Homebuilder Stocks Worth Adding to Your April Buy List
Although current expectations indicate that U.S. interest rates may not decrease significantly soon, there's skepticism about maintaining high rates over an extended period. If interest rates eventually decrease, financing for new homes would become cheaper, stimulating demand for home purchases and, thus, homebuilder stocks.
The Top 3 Homebuilder Stocks Worth Adding to Your April Buy List
Although current expectations indicate that U.S. interest rates may not decrease significantly soon, there's skepticism about maintaining high rates over an extended period. If interest rates eventually decrease, financing for new homes would become cheaper, stimulating demand for home purchases and, thus, homebuilder stocks.
04/21 08:16 EST - seekingalpha.com
Meritage Homes: An Upgrade Heading Into Earnings On Strong Orders
Meritage Homes stock offers upside potential and is a strong buy due to its robust financial health and emphasis on single-family properties. Despite recent weak financial performance, the company has seen strong order growth and improving cancellation rates.
Meritage Homes: An Upgrade Heading Into Earnings On Strong Orders
Meritage Homes stock offers upside potential and is a strong buy due to its robust financial health and emphasis on single-family properties. Despite recent weak financial performance, the company has seen strong order growth and improving cancellation rates.
04/17 11:07 EST - zacks.com
Meritage Homes (MTH) Reports Next Week: Wall Street Expects Earnings Growth
Meritage (MTH) doesn't possess 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) Reports Next Week: Wall Street Expects Earnings Growth
Meritage (MTH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
04/10 10:46 EST - zacks.com
Should Value Investors Buy Meritage Homes (MTH) Stock?
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.
Should Value Investors Buy Meritage Homes (MTH) Stock?
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.
04/02 19:15 EST - investopedia.com
Homebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price Drop
A number of homebuilding companies' shares fell Tuesday after Wedbush Securities analysts predicted seasonal stock-price drops that could be exacerbated by persistently high mortgage rates, inflation, and delayed interest rate cuts.
Homebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price Drop
A number of homebuilding companies' shares fell Tuesday after Wedbush Securities analysts predicted seasonal stock-price drops that could be exacerbated by persistently high mortgage rates, inflation, and delayed interest rate cuts.
03/28 19:21 EST - zacks.com
Meritage Homes (MTH) Beats Stock Market Upswing: What Investors Need to Know
Meritage Homes (MTH) concluded the recent trading session at $175.46, signifying a +1.64% move from its prior day's close.
Meritage Homes (MTH) Beats Stock Market Upswing: What Investors Need to Know
Meritage Homes (MTH) concluded the recent trading session at $175.46, signifying a +1.64% move from its prior day's close.
03/28 09:00 EST - globenewswire.com
Meritage Homes First Quarter 2024 Earnings Conference Call and Webcast Scheduled for April 25, 2024
SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2024 results on Wednesday, April 24, 2024 after the market closes. Management will host a conference call to discuss the results at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time) on Thursday, April 25, 2024.
Meritage Homes First Quarter 2024 Earnings Conference Call and Webcast Scheduled for April 25, 2024
SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2024 results on Wednesday, April 24, 2024 after the market closes. Management will host a conference call to discuss the results at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time) on Thursday, April 25, 2024.
03/22 19:06 EST - zacks.com
Meritage Homes (MTH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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
Meritage Homes (MTH) closed the most recent trading day at $165.95, moving -0.22% from the previous trading session.