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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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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Why Is Meritage (MTH) Up 42.1% Since Last Earnings Report?

Meritage Homes' (MTH) strategic shift to a pure-play entry-level and move-up builder is likely to drive growth.

Meritage Homes (MTH) Up 42% Over a Month: More Room to Run?

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A Relative Strength Rating upgrade for Meritage Homes shows improving technical performance.
The post Meritage Homes Stock In Steep Climb As Mortgage Originations Rapidly Recover From Covid-19 Slump appeared first on Investor's Business Daily.

Meritage Homes Stock In Steep Climb As Mortgage Originations Rapidly Recover From Covid-19 Slump

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SCOTTSDALE, Ariz., May  18, 2020  (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH) announced orders for the month of April totaled 775 in 2020 compared to 916 in 2019, net of cancellations equating to 20% of gross orders in 2020 and 11% in 2019. The update was provided in advance of virtual meetings with investors at the J.P. Morgan Homebuilding & Building Products Conference this week.

Meritage Homes announces recent order trends

Nine Meritage Divisions Awarded for Elevating The Total Homebuying Experience Nine Meritage Divisions Awarded for Elevating The Total Homebuying Experience

Meritage Homes Recognized By The Annual Avid Awards For Highest Homebuyer Ratings in the U.S.

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Meritage Homes Corp (MTH) CEO Steven Hilton on Q1 2020 Results - Earnings Call Transcript

Hours after D.R. Horton beat earnings, Meritage did, too.

Why Meritage Homes Stock Popped 11% Today

Meritage Homes' (MTH) first-quarter results reflect solid home closing revenues, gross margins and overhead leverage. However, coronavirus-induced shutdown weighs on the results.

Meritage Homes' (MTH) Shares Up as Q1 Earnings Top Estimates

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Although Meritage Homes (MTH) reports strong Q1 orders, its March orders decline due to coronavirus pandemic.

News for Meritage Homes Stock (MTH)