Meritage Homes Corp. Company Profile (NYSE:MTH)

About Meritage Homes Corp.

Meritage Homes Corp. logoMeritage Homes Corporation operates as a holding company. The Company is a designer and builder of single-family detached homes. It operates in two segments: homebuilding and financial services. It offers a range of homes that are designed to offer to a range of homebuyers. It has homebuilding operations in over three regions: West, which includes Arizona, California Central and East; Central region, which includes Texas, and the East region includes Florida, Georgia, North Carolina, South Carolina and Tennessee. Its homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services. Its homebuilding and marketing activities are conducted under the Meritage Homes brand, other than in Tennessee, where it operates under the Phillips Builders brand, and in the Atlanta and Greenville markets, where it operates under the Legendary Communities brand.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Residential Construction
  • Sub-Industry: Homebuilding
  • Exchange: NYSE
  • Symbol: MTH
  • CUSIP: 59001A10
Key Metrics:
  • Previous Close: $35.63
  • 50 Day Moving Average: $37.50
  • 200 Day Moving Average: $35.77
  • Trailing P/E Ratio: 10.36
  • Foreward P/E Ratio: 8.56
  • P/E Growth: 0.95
  • Market Cap: $1.43B
  • Outstanding Shares: 40,018,000
  • Beta: 1.43
Additional Links:
Companies Related to Meritage Homes Corp.:

Analyst Ratings

Consensus Ratings for Meritage Homes Corp. (NYSE:MTH) (?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $38.56 (8.23% upside)

Analysts' Ratings History for Meritage Homes Corp. (NYSE:MTH)
DateFirmActionRatingPrice TargetDetails
8/2/2016Deutsche Bank AGDowngradeBuy -> Hold$41.00 -> $38.00View Rating Details
8/2/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$37.50View Rating Details
7/29/2016Credit Suisse Group AGReiterated RatingSell$36.00View Rating Details
7/29/2016FBR & CoBoost Price TargetMarket Perform$36.00 -> $41.00View Rating Details
7/11/2016Zelman & AssociatesDowngradeBuy -> HoldView Rating Details
6/24/2016JMP SecuritiesReiterated RatingMarket PerformView Rating Details
4/18/2016FBN SecuritiesDowngradeOutperform -> Sector PerformView Rating Details
4/13/2016Sterne Agee CRTDowngradeBuy -> Neutral$40.00View Rating Details
4/7/2016Barclays PLCUpgradeEqual Weight -> Overweight$36.00 -> $42.00View Rating Details
1/29/2016Keefe, Bruyette & WoodsLower Price Target$40.00 -> $36.00View Rating Details
10/30/2015Evercore ISIDowngradeBuy -> HoldView Rating Details
3/12/2015Citigroup Inc.DowngradeBuy -> Neutral$44.00 -> $47.00View Rating Details
10/6/2014Wells Fargo & Co.UpgradeMarket Perform -> Outperform$46.00 -> $44.00View Rating Details
(Data available from 8/25/2014 forward)


Earnings History for Meritage Homes Corp. (NYSE:MTH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016Q216$0.80$0.95$747.14 million$797.90 millionViewListenView Earnings Details
4/28/2016Q116$0.44$0.50$539.97 million$597.77 millionViewListenView Earnings Details
1/28/2016Q415$1.13$1.26$801.75 million$781.60 millionViewListenView Earnings Details
10/29/2015Q315$0.77$0.73$628.36 million$669.90 millionViewListenView Earnings Details
7/29/2015Q215$0.66$0.70$636.91 million$591.03 millionViewListenView Earnings Details
4/23/2015Q115$0.55$0.40$476.52 million$517.27 millionViewN/AView Earnings Details
1/29/2015Q414$1.03$1.19$710.56 million$668.30 millionViewN/AView Earnings Details
10/29/2014Q314$0.90$0.79$581.40 million$556.78 millionViewN/AView Earnings Details
7/24/2014Q214$0.82$0.85$513.90 million$502.80 millionViewN/AView Earnings Details
4/23/2014Q114$0.64$0.62$441.40 million$408.35 millionViewN/AView Earnings Details
2/4/2014Q413$1.03$1.19$537.80 million$536.20 millionViewN/AView Earnings Details
10/23/2013Q313$0.80$0.99$505.15 million$492.10 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.46$0.74$414.34 million$436.04 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.23$0.32$324.38 million$336.44 millionViewN/AView Earnings Details
1/31/2013Q4 2012$0.42$2.29$355.18 million$364.58 millionViewN/AView Earnings Details
10/25/2012$0.34$0.43ViewN/AView Earnings Details
7/26/2012$0.14$0.24ViewN/AView Earnings Details
4/26/2012($0.06)($0.15)ViewN/AView Earnings Details
1/31/2012$0.09($0.36)ViewN/AView Earnings Details
10/27/2011$0.04($0.10)ViewN/AView Earnings Details
7/29/2011($0.03)$0.02ViewN/AView Earnings Details
4/28/2011($0.11)($0.21)ViewN/AView Earnings Details
2/2/2011($0.04)($0.03)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Meritage Homes Corp. (NYSE:MTH)
Current Year EPS Consensus Estimate: $3.61 EPS
Next Year EPS Consensus Estimate: $4.16 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.74$0.74$0.74
Q3 20161$0.83$0.83$0.83
Q4 20161$1.29$1.29$1.29
Q2 20171$0.89$0.89$0.89
Q4 20171$1.42$1.42$1.42
(Data provided by Zacks Investment Research)


Dividend History for Meritage Homes Corp. (NYSE:MTH)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Meritage Homes Corp. (NYSE:MTH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/13/2016Peter L AxDirectorSell15,000$36.71$550,650.00View SEC Filing  
6/9/2016Gerald W HaddockDirectorSell7,500$38.11$285,825.00View SEC Filing  
5/16/2016Robert Gary SarverDirectorSell4,381$33.92$148,603.52View SEC Filing  
2/17/2016C Timothy WhiteEVPSell6,812$30.84$210,082.08View SEC Filing  
2/17/2016Hilla SferruzzaCAOSell291$30.84$8,974.44View SEC Filing  
2/17/2016Larry Wayne SeayCFOSell7,957$30.84$245,393.88View SEC Filing  
2/17/2016Phillippe LordCOOSell1,138$30.79$35,039.02View SEC Filing  
2/16/2016Hilla SferruzzaCAOSell655$29.60$19,388.00View SEC Filing  
2/11/2016Hilla SferruzzaCAOSell733$29.60$21,696.80View SEC Filing  
2/11/2016Phillippe LordCOOSell1,291$29.55$38,149.05View SEC Filing  
4/28/2015Larry Wayne SeayCFOSell17,333$45.14$782,411.62View SEC Filing  
3/10/2015Hilla SferruzzaCAOSell1,750$42.38$74,165.00View SEC Filing  
2/27/2015Steven J HiltonCEOSell139,840$43.84$6,130,585.60View SEC Filing  
2/11/2015C Timothy WhiteEVPSell11,297$39.67$448,151.99View SEC Filing  
2/11/2015Larry Wayne SeayCFOSell11,978$39.67$475,167.26View SEC Filing  
2/11/2015Steven J HiltonCEOSell17,050$39.67$676,373.50View SEC Filing  
2/11/2015Steven M DavisCOOSell11,138$39.67$441,844.46View SEC Filing  
2/10/2015C Timothy WhiteEVPSell13,264$39.79$527,774.56View SEC Filing  
12/1/2014Gerald W HaddockDirectorSell7,500$38.65$289,875.00View SEC Filing  
2/26/2014C Timothy WhiteEVPSell13,075$49.43$646,297.25View SEC Filing  
2/26/2014Hilla SferruzzaCAOSell1,500$49.20$73,800.00View SEC Filing  
2/26/2014Larry Wayne SeayCFOSell10,695$48.97$523,734.15View SEC Filing  
2/26/2014Steven DavisCOOSell6,060$49.91$302,454.60View SEC Filing  
2/26/2014Steven HiltonCEOSell50,000$49.17$2,458,500.00View SEC Filing  
2/11/2014Larry Wayne SeayCFOSell11,925$45.00$536,625.00View SEC Filing  
2/11/2014Steven DavisCOOSell11,087$45.00$498,915.00View SEC Filing  
2/11/2014Steven HiltonCEOSell16,973$45.00$763,785.00View SEC Filing  
11/25/2013Steven DavisCOOSell2,000$41.38$82,760.00View SEC Filing  
10/30/2013Steven M DavisCOOSell6,462$47.00$303,714.00View SEC Filing  
10/28/2013Larry Wayne SeayCFOSell16,932$46.74$791,401.68View SEC Filing  
8/1/2013Raymond OppelDirectorSell11,500$46.00$529,000.00View SEC Filing  
5/14/2013Steven J HiltonCEOSell50,000$52.19$2,609,500.00View SEC Filing  
9/4/2012Robert Gary SarverDirectorSell20,000$36.75$735,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Meritage Homes Corp. (NYSE:MTH)
News IconHow is the Crowd Rating Meritage Homes Corp (NYSE:MTH) Shares? - Post News (NYSE:MTH) - August 24 at 6:04 PM logoMeritage Homes Corp (NYSE:MTH) Reports Sales Of $797.896, Surprising Estimates By 6.735% - Investor Newswire (NYSE:MTH) - August 24 at 6:04 PM
News IconStock Gaining Over the Past Six Months: Meritage Homes Corporation (NYSE:MTH) - Post News (NYSE:MTH) - August 22 at 10:55 AM logoMeritage Homes Corp (NYSE:MTH) Rating In Focus - Investor Newswire (NYSE:MTH) - August 13 at 6:03 PM logoFBR Capital Maintains Meritage Homes Corp to Market Perform with Price Target $41.00 - Trade Calls (NYSE:MTH) - August 8 at 10:57 AM logoMERITAGE HOMES CORP Financials (NYSE:MTH) - August 6 at 6:27 PM logoETF’s with exposure to Meritage Homes Corp. : August 4, 2016 (NYSE:MTH) - August 4 at 6:40 PM logoMeritage Homes Corp. :MTH-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:MTH) - August 3 at 6:39 PM logoMeritage Homes Corp Profits Up, Gross Margin Down: Guess What Mister Market Does? (NYSE:MTH) - August 3 at 7:18 AM logoMTH Makes Notable Cross Below Critical Moving Average (NYSE:MTH) - August 2 at 6:36 PM logoMERITAGE HOMES CORP Files SEC form 10-Q, Quarterly Report (NYSE:MTH) - August 1 at 6:03 PM logoHousing Market Review: GDP Contrasts With Relatively Healthy Housing (NYSE:MTH) - August 1 at 10:58 AM logoFBR Capital issued a report on (NYSE:MTH) Meritage Homes Corporation, stepping up its target price to $41 earlier today (NYSE:MTH) - July 31 at 10:25 AM logoCan Shares Of Meritage Homes Corp (NYSE:MTH) Hit $41? - Investor Newswire (NYSE:MTH) - July 29 at 6:29 PM logoMeritage Homes Corp. breached its 50 day moving average in a Bearish Manner : MTH-US : July 29, 2016 (NYSE:MTH) - July 29 at 8:44 AM logoMeritage Homes : beats 2Q profit forecasts (NYSE:MTH) - July 28 at 6:32 PM logoMeritage beats 2Q profit forecasts (NYSE:MTH) - July 28 at 12:21 PM
News IconMeritage Reports $40 Million 2nd-QTR Profit (NYSE:MTH) - July 28 at 9:32 AM logoMeritage Homes Corp. Bottom Line Climbs 37% In Q2 (NYSE:MTH) - July 28 at 9:32 AM logoMeritage Homes Reports a 35% Increase in Home Closing Revenue and a 37% Increase in Net Earnings, Resulting in Diluted EPS of $0.95 for the Second Quarter 2016 (NYSE:MTH) - July 28 at 7:58 AM logo7:37 am Meritage beats by $0.15, beats on revs; guides Q3 EPS below consensus; guides FY16 EPS in-line (NYSE:MTH) - July 28 at 7:37 AM logoMERITAGE HOMES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NYSE:MTH) - July 28 at 7:36 AM logoIs $41 Price Target Attainable For Meritage Homes Corp (NYSE:MTH)? - Investor Newswire (NYSE:MTH) - July 24 at 10:34 AM logoMeritage Homes Corporation (NYSE:MTH) Stock Technicals Hit Strength - CML News (NYSE:MTH) - July 22 at 6:12 PM
News IconMeritage Homes Corp (NYSE:MTH): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:MTH) - July 21 at 9:09 AM logoMeritage Homes Corp (NYSE:MTH) Expected To Post Sales Of $3357.63 - Investor Newswire (NYSE:MTH) - July 21 at 9:09 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Meritage Homes Corp (NYSE:MTH) - TGP (NYSE:MTH) - July 21 at 9:09 AM
News IconStock Positive on the Year: Meritage Homes Corporation (NYSE:MTH) - TGP (NYSE:MTH) - July 20 at 9:14 AM
News IconHow Many Meritage Homes Corp (NYSE:MTH)'s Analysts Are Bullish? - Consumer Eagle (NYSE:MTH) - July 20 at 9:14 AM
News IconEquity Roundup: Stock Performance Focus on Meritage Homes Corp (NYSE:MTH) - Press Telegraph (NYSE:MTH) - July 20 at 9:14 AM
News IconTrading Performance and Target Watch for Meritage Homes Corp (NYSE:MTH) - Press Telegraph (NYSE:MTH) - July 18 at 6:26 PM
News IconStock in Positive Territory for the Quarter: Meritage Homes Corporation (NYSE:MTH) - Engelwood Daily (NYSE:MTH) - July 18 at 6:26 PM
News IconMeritage Homes Corp (NYSE:MTH) Wall Street Analyst Recommendation Outlook - TGP (NYSE:MTH) - July 18 at 6:26 PM
News IconShare Performance Summary for: Meritage Homes Corporation (NYSE:MTH) - Press Telegraph (NYSE:MTH) - July 18 at 6:26 PM logoMeritage Homes Corporation Realized Volatility Hits an Inflection Level - CML News (NYSE:MTH) - July 18 at 6:26 PM logoCredit Suisse Downgrades Meritage Homes Corp to Underperform - Trade Calls (NYSE:MTH) - July 16 at 5:55 PM logoStrong Sell Calls For Meritage Homes Corp (NYSE:MTH) At 1 - Investor Newswire (NYSE:MTH) - July 16 at 9:41 AM logoZelman Downgrades Meritage Homes Corp to Hold - Trade Calls (NYSE:MTH) - July 16 at 9:41 AM logoOption Market: Meritage Homes Corporation Risk Hits A Lowered Level - CML News (NYSE:MTH) - July 15 at 10:57 AM
News IconCrowd Rating and Earnings Recap for Meritage Homes Corp (NYSE:MTH) - Telanagana Press (NYSE:MTH) - July 15 at 10:57 AM
News IconMeritage Homes Corp (NYSE:MTH) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:MTH) - July 15 at 10:57 AM
News IconShares Moving Up Over the Past Quarter: Meritage Homes Corporation (NYSE:MTH) - Engelwood Daily (NYSE:MTH) - July 12 at 6:34 PM logoDowngrade of the Day: Meritage Homes Corp (NYSE:MTH) - Review Fortune (NYSE:MTH) - July 12 at 6:34 PM logoStreet Talk: VIAB, YHOO, MTH, HAL & TWTR (NYSE:MTH) - July 11 at 2:21 PM
News IconMeritage Homes Corp (NYSE:MTH) Stock Update: Check on Ratings and Target Price - Telanagana Press (NYSE:MTH) - July 11 at 10:57 AM
News IconHow Many Meritage Homes Corp (NYSE:MTH)'s Analysts Are Bearish? - Engelwood Daily (NYSE:MTH) - July 11 at 10:57 AM
News IconStock on the Rise for the Quarter: Meritage Homes Corporation (NYSE:MTH) - Engelwood Daily (NYSE:MTH) - July 11 at 10:57 AM
News IconStock Performance Rundown on: Meritage Homes Corporation (NYSE:MTH) - Press Telegraph (NYSE:MTH) - July 11 at 10:57 AM
News IconMeritage Homes Corporation (NYSE:MTH) Sellers Increased By 2.94% Their Shorts - Consumer Eagle (NYSE:MTH) - July 11 at 10:57 AM logoMeritage downgraded by Credit Suisse (NYSE:MTH) - July 11 at 8:21 AM


Meritage Homes Corp. (NYSE:MTH) Chart for Thursday, August, 25, 2016

Last Updated on 8/25/2016 by Staff