Meritage Homes Corp. Company Profile (NYSE:MTH)

About Meritage Homes Corp.

Meritage 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: $34.70
50 Day Moving Average: $34.83
200 Day Moving Average: $36.20
52-Week Range: $25.48 - $41.33
Trailing P/E Ratio: 10.09
Foreward P/E Ratio: 8.34
P/E Growth: 0.90
Market Cap: $1.39B
Outstanding Shares: 40,018,000
Beta: 1.38

Profitability:

Net Margins: 5.05%
Return on Equity: 11.36%
Return on Assets: 5.32%

Debt:

Debt-to-Equity Ratio: 0.84%
Current Ratio: 0.90%
Quick Ratio: 0.90%

Additional Links:

Companies Related to Meritage Homes Corp.:

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 (11.13% upside)

Analysts' Ratings History for Meritage Homes Corp. (NYSE:MTH)

Show:

Date	Firm	Action	Rating	Price Target
9/28/2016	Wells Fargo & Co.	Initiated Coverage	Market Perform
8/2/2016	Deutsche Bank AG	Downgrade	Buy -> Hold	$41.00 -> $38.00
8/2/2016	JPMorgan Chase & Co.	Downgrade	Overweight -> Neutral	$37.50
7/29/2016	Credit Suisse Group AG	Reiterated Rating	Sell	$36.00
7/29/2016	FBR & Co	Boost Price Target	Market Perform	$36.00 -> $41.00
7/11/2016	Zelman & Associates	Downgrade	Buy -> Hold
6/24/2016	JMP Securities	Reiterated Rating	Market Perform
4/18/2016	FBN Securities	Downgrade	Outperform -> Sector Perform
4/13/2016	Sterne Agee CRT	Downgrade	Buy -> Neutral	$40.00
4/7/2016	Barclays PLC	Upgrade	Equal Weight -> Overweight	$36.00 -> $42.00
1/29/2016	Keefe, Bruyette & Woods	Lower Price Target		$40.00 -> $36.00
10/30/2015	Evercore ISI	Downgrade	Buy -> Hold
3/12/2015	Citigroup Inc.	Downgrade	Buy -> Neutral	$44.00 -> $47.00

(Data available from 10/1/2014 forward)

Earnings History for Meritage Homes Corp. (NYSE:MTH)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/27/2016
7/28/2016	Q216	$0.80	$0.95	$747.14 million	$797.90 million	View	Listen
4/28/2016	Q116	$0.44	$0.50	$539.97 million	$597.77 million	View	Listen
1/28/2016	Q415	$1.13	$1.26	$801.75 million	$781.60 million	View	Listen
10/29/2015	Q315	$0.77	$0.73	$628.36 million	$669.90 million	View	Listen
7/29/2015	Q215	$0.66	$0.70	$636.91 million	$591.03 million	View	Listen
4/23/2015	Q115	$0.55	$0.40	$476.52 million	$517.27 million	View	N/A
1/29/2015	Q414	$1.03	$1.19	$710.56 million	$668.30 million	View	N/A
10/29/2014	Q314	$0.90	$0.79	$581.40 million	$556.78 million	View	N/A
7/24/2014	Q214	$0.82	$0.85	$513.90 million	$502.80 million	View	N/A
4/23/2014	Q114	$0.64	$0.62	$441.40 million	$408.35 million	View	N/A
2/4/2014	Q413	$1.03	$1.19	$537.80 million	$536.20 million	View	N/A
10/23/2013	Q313	$0.80	$0.99	$505.15 million	$492.10 million	View	N/A
7/24/2013	Q2 2013	$0.46	$0.74	$414.34 million	$436.04 million	View	N/A
4/24/2013	Q1 2013	$0.23	$0.32	$324.38 million	$336.44 million	View	N/A
1/31/2013	Q4 2012	$0.42	$2.29	$355.18 million	$364.58 million	View	N/A
10/25/2012		$0.34	$0.43			View	N/A
7/26/2012		$0.14	$0.24			View	N/A
4/26/2012		($0.06)	($0.15)			View	N/A
1/31/2012		$0.09	($0.36)			View	N/A
10/27/2011		$0.04	($0.10)			View	N/A
7/29/2011		($0.03)	$0.02			View	N/A
4/28/2011		($0.11)	($0.21)			View	N/A
2/2/2011		($0.04)	($0.03)			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Meritage Homes Corp. (NYSE:MTH)

Current Year EPS Consensus Estimate: $3.6 EPS
Next Year EPS Consensus Estimate: $4.16 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q2 2016	1	$0.74	$0.74	$0.74
Q3 2016	1	$0.83	$0.83	$0.83
Q4 2016	1	$1.29	$1.29	$1.29
Q2 2017	1	$0.89	$0.89	$0.89
Q4 2017	1	$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 MarketBeat.com

Insider Trading History for Meritage Homes Corp. (NYSE:MTH)

Insider Ownership Percentage: 5.50%
Institutional Ownership Percentage: 95.16%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
6/13/2016	Peter L Ax	Director	Sell	15,000	$36.71	$550,650.00
6/9/2016	Gerald W Haddock	Director	Sell	7,500	$38.11	$285,825.00
5/16/2016	Robert Gary Sarver	Director	Sell	4,381	$33.92	$148,603.52
2/17/2016	C Timothy White	EVP	Sell	6,812	$30.84	$210,082.08
2/17/2016	Hilla Sferruzza	CAO	Sell	291	$30.84	$8,974.44
2/17/2016	Larry Wayne Seay	CFO	Sell	7,957	$30.84	$245,393.88
2/17/2016	Phillippe Lord	COO	Sell	1,138	$30.79	$35,039.02
2/16/2016	Hilla Sferruzza	CAO	Sell	655	$29.60	$19,388.00
2/11/2016	Hilla Sferruzza	CAO	Sell	733	$29.60	$21,696.80
2/11/2016	Phillippe Lord	COO	Sell	1,291	$29.55	$38,149.05
4/28/2015	Larry Wayne Seay	CFO	Sell	17,333	$45.14	$782,411.62
3/10/2015	Hilla Sferruzza	CAO	Sell	1,750	$42.38	$74,165.00
2/27/2015	Steven J Hilton	CEO	Sell	139,840	$43.84	$6,130,585.60
2/11/2015	C Timothy White	EVP	Sell	11,297	$39.67	$448,151.99
2/11/2015	Larry Wayne Seay	CFO	Sell	11,978	$39.67	$475,167.26
2/11/2015	Steven J Hilton	CEO	Sell	17,050	$39.67	$676,373.50
2/11/2015	Steven M Davis	COO	Sell	11,138	$39.67	$441,844.46
2/10/2015	C Timothy White	EVP	Sell	13,264	$39.79	$527,774.56
12/1/2014	Gerald W Haddock	Director	Sell	7,500	$38.65	$289,875.00
2/26/2014	C Timothy White	EVP	Sell	13,075	$49.43	$646,297.25
2/26/2014	Hilla Sferruzza	CAO	Sell	1,500	$49.20	$73,800.00
2/26/2014	Larry Wayne Seay	CFO	Sell	10,695	$48.97	$523,734.15
2/26/2014	Steven Davis	COO	Sell	6,060	$49.91	$302,454.60
2/26/2014	Steven Hilton	CEO	Sell	50,000	$49.17	$2,458,500.00
2/11/2014	Larry Wayne Seay	CFO	Sell	11,925	$45.00	$536,625.00
2/11/2014	Steven Davis	COO	Sell	11,087	$45.00	$498,915.00
2/11/2014	Steven Hilton	CEO	Sell	16,973	$45.00	$763,785.00
11/25/2013	Steven Davis	COO	Sell	2,000	$41.38	$82,760.00
10/30/2013	Steven M Davis	COO	Sell	6,462	$47.00	$303,714.00
10/28/2013	Larry Wayne Seay	CFO	Sell	16,932	$46.74	$791,401.68
8/1/2013	Raymond Oppel	Director	Sell	11,500	$46.00	$529,000.00
5/14/2013	Steven J Hilton	CEO	Sell	50,000	$52.19	$2,609,500.00
9/4/2012	Robert Gary Sarver	Director	Sell	20,000	$36.75	$735,000.00

(Data available from 1/1/2013 forward)

Latest Headlines for Meritage Homes Corp. (NYSE:MTH)

Date	Headline
	Stock Moving Higher Over the Last Five Trading Periods: Meritage Homes Corporation (NYSE:MTH) - Post News (NYSE:MTH) www.kentuckypostnews.com - September 30 at 11:31 AM
	Coverage initiated on Meritage by Wells Fargo (NYSE:MTH) finance.yahoo.com - September 29 at 6:14 PM
	Meritage Homes gives free home to Iraq War veteran - Phoenix Business Journal (NYSE:MTH) www.bizjournals.com - September 23 at 5:51 PM
	Meritage Homes gives free home to Iraq War veteran (NYSE:MTH) www.bizjournals.com - September 23 at 5:51 PM
	Meritage Homes donating mortgage-free home to veteran (NYSE:MTH) azbigmedia.com - September 23 at 10:56 AM
	Barclays Reaffirms Equal Weight Rating for Meritage Homes Corp (MTH) - Petro Global News 24 (NYSE:MTH) petroglobalnews24.com - September 22 at 5:58 PM
	Meritage Homes Corp (NYSE:MTH)'s Expectation Of $3336.405 In Sales - Investor Newswire (NYSE:MTH) www.investornewswire.com - September 21 at 5:55 PM
	Sell-side is Weighing in on Meritage Homes Corp (NYSE:MTH) Earnings & Targets - Frisco Fastball (NYSE:MTH) friscofastball.com - September 21 at 5:55 PM
	Stock Down Over the Last Quarter: Meritage Homes Corporation (NYSE:MTH) - Post News (NYSE:MTH) www.kentuckypostnews.com - September 18 at 10:37 AM
	Brokerages give average Rating of “Hold” to Meritage Homes Corp (NYSE:MTH) - DailyQuint (NYSE:MTH) dailyquint.com - September 17 at 10:45 AM
	Can Shares Of Meritage Homes Corp (NYSE:MTH) Hit $41 - Investor Newswire (NYSE:MTH) www.investornewswire.com - September 16 at 6:01 PM
	Operation Homefront Selects Two Veterans for Mortgage-Free Homes from Meritage Homes - Texas Insider (NYSE:MTH) www.texasinsider.org - September 14 at 10:33 AM
	Short Information Review for: Meritage Homes Corporation (NYSE:MTH) - Post News (NYSE:MTH) www.kentuckypostnews.com - September 14 at 10:33 AM
	MERITAGE HOMES CORPORATION (NYSE:MTH) www.finanznachrichten.de - September 11 at 5:43 PM
	Shares Lower Over the Past Quarter: Meritage Homes Corporation (NYSE:MTH) - Post News (NYSE:MTH) www.kentuckypostnews.com - September 11 at 10:26 AM
	Operation Homefront Selects Two Veterans for Mortgage-Free Homes From Meritage Homes - Yahoo Sports (NYSE:MTH) sports.yahoo.com - September 10 at 5:41 PM
	MTH Makes Notable Cross Below Critical Moving Average - Nasdaq (NYSE:MTH) www.nasdaq.com - September 10 at 5:41 PM
	Operation Homefront Selects Two Veterans for Mortgage-Free Homes From Meritage Homes (NYSE:MTH) finance.yahoo.com - September 9 at 5:57 PM
	Meritage Homes Corp (NYSE:MTH) Expects Sales Of $3336.405 - Investor Newswire (NYSE:MTH) www.investornewswire.com - September 8 at 6:03 PM
	Placing Meritage Homes Corp (NYSE:MTH) Shares Under the Microscope - Post News (NYSE:MTH) www.kentuckypostnews.com - September 8 at 6:03 PM
	Can Shares Of Meritage Homes Corp (NYSE:MTH) Get To $41? - Investor Newswire (NYSE:MTH) www.investornewswire.com - September 4 at 10:28 AM
	Stock in Review: Taking a Closer Look at Meritage Homes Corp (NYSE:MTH) Shares - Post News (NYSE:MTH) www.kentuckypostnews.com - September 1 at 6:12 PM
	ETF’s with exposure to Meritage Homes Corp. : August 25, 2016 (NYSE:MTH) www.capitalcube.com - August 25 at 11:24 AM
	How is the Crowd Rating Meritage Homes Corp (NYSE:MTH) Shares? - Post News (NYSE:MTH) www.kentuckypostnews.com - August 24 at 6:04 PM
	Meritage Homes Corp (NYSE:MTH) Reports Sales Of $797.896, Surprising Estimates By 6.735% - Investor Newswire (NYSE:MTH) www.investornewswire.com - August 24 at 6:04 PM
	Stock Gaining Over the Past Six Months: Meritage Homes Corporation (NYSE:MTH) - Post News (NYSE:MTH) www.kentuckypostnews.com - August 22 at 10:55 AM
	Meritage Homes Corp (NYSE:MTH) Rating In Focus - Investor Newswire (NYSE:MTH) www.investornewswire.com - August 13 at 6:03 PM
	FBR Capital Maintains Meritage Homes Corp to Market Perform with Price Target $41.00 - Trade Calls (NYSE:MTH) www.tradecalls.org - August 8 at 10:57 AM
	MERITAGE HOMES CORP Financials (NYSE:MTH) finance.yahoo.com - August 6 at 6:27 PM
	ETF’s with exposure to Meritage Homes Corp. : August 4, 2016 (NYSE:MTH) www.capitalcube.com - August 4 at 6:40 PM
	Meritage Homes Corp. :MTH-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:MTH) www.capitalcube.com - August 3 at 6:39 PM
	Meritage Homes Corp Profits Up, Gross Margin Down: Guess What Mister Market Does? (NYSE:MTH) www.fool.com - August 3 at 7:18 AM
	MTH Makes Notable Cross Below Critical Moving Average (NYSE:MTH) www.nasdaq.com - August 2 at 6:36 PM
	MERITAGE HOMES CORP Files SEC form 10-Q, Quarterly Report (NYSE:MTH) biz.yahoo.com - August 1 at 6:03 PM
	Housing Market Review: GDP Contrasts With Relatively Healthy Housing (NYSE:MTH) www.investing.com - August 1 at 10:58 AM
	FBR Capital issued a report on (NYSE:MTH) Meritage Homes Corporation, stepping up its target price to $41 earlier today (NYSE:MTH) breakingfinancenews.com - July 31 at 10:25 AM
	Can Shares Of Meritage Homes Corp (NYSE:MTH) Hit $41? - Investor Newswire (NYSE:MTH) www.investornewswire.com - July 29 at 6:29 PM
	Meritage Homes Corp. breached its 50 day moving average in a Bearish Manner : MTH-US : July 29, 2016 (NYSE:MTH) www.capitalcube.com - July 29 at 8:44 AM
	Meritage Homes : beats 2Q profit forecasts (NYSE:MTH) www.4-traders.com - July 28 at 6:32 PM
	Meritage beats 2Q profit forecasts (NYSE:MTH) sg.finance.yahoo.com - July 28 at 12:21 PM
	Meritage Reports $40 Million 2nd-QTR Profit (NYSE:MTH) www.builderonline.com - July 28 at 9:32 AM
	Meritage Homes Corp. Bottom Line Climbs 37% In Q2 (NYSE:MTH) www.rttnews.com - July 28 at 9:32 AM
	Meritage 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) www.publicnow.com - July 28 at 7:58 AM
	7:37 am Meritage beats by $0.15, beats on revs; guides Q3 EPS below consensus; guides FY16 EPS in-line (NYSE:MTH) finance.yahoo.com - July 28 at 7:37 AM
	MERITAGE HOMES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NYSE:MTH) biz.yahoo.com - July 28 at 7:36 AM
	Is $41 Price Target Attainable For Meritage Homes Corp (NYSE:MTH)? - Investor Newswire (NYSE:MTH) www.investornewswire.com - July 24 at 10:34 AM
	Meritage Homes Corporation (NYSE:MTH) Stock Technicals Hit Strength - CML News (NYSE:MTH) news.cmlviz.com - July 22 at 6:12 PM
	Meritage Homes Corp (NYSE:MTH): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:MTH) www.engelwooddaily.com - July 21 at 9:09 AM
	Meritage Homes Corp (NYSE:MTH) Expected To Post Sales Of $3357.63 - Investor Newswire (NYSE:MTH) www.investornewswire.com - July 21 at 9:09 AM
	Earnings Focus and Crowd Sourced Sentiment Review for Meritage Homes Corp (NYSE:MTH) - TGP (NYSE:MTH) telanaganapress.com - July 21 at 9:09 AM