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.

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One could invest in high earnings yield stocks like Eagle Pharmaceuticals (EGRX), Cabot (CBT), Meritage Homes (MTH), Griffon (GFF) and APA Corp (APA) to fetch handsome long-term rewards.

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Meritage Homes (MTH) benefits from a solid housing market backdrop and pricing power.

Investors Must Buy Meritage Homes (MTH) Now: Here's Why

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

Why Is Meritage (MTH) Up 0.3% Since Last Earnings Report?

The consensus price target hints at a 52.9% upside potential for Meritage (MTH). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Meritage (MTH) Have the Potential to Rally 53% as Wall Street Analysts Expect?

SCOTTSDALE, Ariz., May 19, 2022 (GLOBE NEWSWIRE) -- In celebration of Military Appreciation Month, Meritage Homes (NYSE:MTH), the seventh-largest U.S. homebuilder, announced that it has renewed and extended its partnership with Operation Homefront , a leading national nonprofit organization dedicated to building strong, stable, and secure military families. Together, the organizations will place three deserving military families into brand new, mortgage-free and energy-efficient Meritage homes in the Houston, Nashville and Tucson metro areas. This is the ninth year Meritage Homes has built and donated homes to Operation Homefront through the Permanent Homes for Veterans program. In total, the company will have donated 17 homes to military families once these houses are completed later this year.

Meritage Homes Extends Partnership with Operation Homefront to Break Ground on New Homes for Military Families in Houston, Nashville and Tucson

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Perhaps there's no sector that can feel the negative impact of higher interest rates more than the housing sector. Therefore, it's hard to be bullish on the sector in the current environment.

2 Stocks To Play The Gloomy Homebuilding Outlook

These awards underscore the national homebuilder's commitment to its customers and the construction of energy-efficient homes These awards underscore the national homebuilder's commitment to its customers and the construction of energy-efficient homes

Meritage Homes Named ENERGY STAR® Partner of the Year for the Ninth Time & Honored for Highest Homebuyer Experience Rating in the 19th Annual Avid Awards

Concerns around rate hikes and affordability have led to a significant correction in Meritage Homes' stock price. However, robust backlog, tight supply-demand, increasing community count, potential share repurchases, and a low valuation will act as downside support for the business as well as stock.

Meritage Homes Is Too Attractive To Ignore

Meritage Homes Corporation (NYSE:MTH ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Emily Tadano - VP, IR Steve Hilton - Executive Chairman Phillippe Lord - CEO Hilla Sferruzza - EVP and CFO Conference Call Participants Stephen Kim - Evercore ISI Truman Patterson - Wolf Research Alan Ratner - Zelman & Associates Carl Reichardt - BTIG John Lovallo - UBS Michael Rehaut - JPMorgan Deepa Raghavan - Wells Fargo Operator Greetings. Welcome to the Meritage Homes First Quarter 2022 Analyst Call.

Meritage Homes Corporation (MTH) CEO Phillippe Lord on Q1 2022 Results - Earnings Call Transcript

Meritage Homes' (MTH) first-quarter results benefit from strong housing demand.

Meritage Homes (MTH) Q1 Earnings and Sales Top Estimates

Meritage (MTH) delivered earnings and revenue surprises of 23.72% and 3.31%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Meritage Homes (MTH) Q1 Earnings and Revenues Surpass Estimates

SCOTTSDALE, Ariz., April 27, 2022 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, reported first quarter results for the period ended March 31, 2022.

Meritage Homes Reports First Quarter 2022 Results Including a 68% Increase in Diluted EPS, 560 bps Increase in Home Closing Gross Margin and 12% Increase in Orders over Prior Year

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The sector's Q1 performance is likely to reflect solid housing demand. Intense inflationary pressure stemming from supply chain disruptions might have been a risk.

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Strong housing demand and higher pricing are likely to have aided Meritage Homes' (MTH) Q1 revenues amid supply-chain disruptions and higher costs.

Meritage Homes (MTH) to Post Q1 Earnings: What's in the Offing?

The Company will distribute more than 1,300 trees in communities throughout the U.S. in 2022 and shares new research highlighting the importance of sustainability for today's homebuyers The Company will distribute more than 1,300 trees in communities throughout the U.S. in 2022 and shares new research highlighting the importance of sustainability for today's homebuyers

Meritage Homes Partners With Arbor Day Foundation And Releases Consumer Data On Sustainable Housing

SCOTTSDALE, Ariz., April 18, 2022 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder, today announced the hiring of Malissia Clinton as its executive vice president, general counsel and secretary.

Meritage Homes Names Malissia Clinton Its Executive Vice President, General Counsel and Secretary

SCOTTSDALE, Ariz., March 31, 2022 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, plans to release the Company's first quarter 2022 results on Wednesday, April 27, 2022 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Mountain Standard Time (11:00 a.m. Eastern Daylight Time) on Thursday, April 28, 2022. The call will be webcast with an accompanying slideshow, both available on the "Investor Relations" page of the Company's website at https://investors.meritagehomes.com.

Meritage Homes First Quarter 2022 Earnings Conference Call and Webcast Scheduled for April 28, 2022

Meritage Homes (MTH) is benefiting from a solid housing market backdrop amid supply woes and labor constraints.

Solid Housing Demand Aid Meritage Homes (MTH) Amid Supply Woes

Meritage (MTH) Down 5.2% Since Last Earnings Report: Can It Rebound?

Marking its second new market entry in the last 12 months, the new division will focus on bringing affordable, energy-efficient homes to the region Marking its second new market entry in the last 12 months, the new division will focus on bringing affordable, energy-efficient homes to the region

Meritage Homes Announces Expansion To Salt Lake City, Utah

Meritage Homes Corp. ( MTH , Financial) designs and builds single-family homes in the United States. The Scottsdale, Arizona-based company, which originally operated as a real estate investment trust, converted into a home building company in 1996 through a merger.

Meritage Homes: Cheaply Valued but Caution Required

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Meritage Homes recently reported mixed Q4 results with EPS beating the consensus estimates while revenues missed slightly. While absorption is expected to decline with rising interest rates, we should still see very healthy earnings over the next couple of years.

News for Meritage Homes Stock (MTH)