Meritage Homes Corporation designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for various homebuyers, including first-time, move-up, active-adult, and luxury homes under the Meritage Homes brand name. The company also provides warranty and customer services; and insurance and closing/settlement services for its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Industry, Sector and Symbol
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
Phone480-515-8100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.23 billion
Profitability
Miscellaneous
Employees1,605
OptionableOptionable
Meritage Homes (NYSE:MTH) Frequently Asked Questions
What is Meritage Homes' stock symbol?
Meritage Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTH."
How were Meritage Homes' earnings last quarter?
Meritage Homes Corp (NYSE:MTH) issued its quarterly earnings results on Wednesday, October, 24th. The construction company reported $1.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.36 by $0.03. The construction company earned $884.58 million during the quarter, compared to analyst estimates of $899.55 million. Meritage Homes had a net margin of 5.43% and a return on equity of 12.56%. View Meritage Homes' Earnings History.
When is Meritage Homes' next earnings date?
What price target have analysts set for MTH?
12 Wall Street analysts have issued 1 year price targets for Meritage Homes' stock. Their predictions range from $36.00 to $51.00. On average, they expect Meritage Homes' share price to reach $45.3333 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets for Meritage Homes.
What is the consensus analysts' recommendation for Meritage Homes?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meritage Homes.
Has Meritage Homes been receiving favorable news coverage?
Media headlines about MTH stock have been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Meritage Homes earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Meritage Homes' key competitors?
Some companies that are related to Meritage Homes include Toll Brothers (TOL), Taylor Morrison Home (TMHC), KB Home (KBH), TRI Pointe Group (TPH), M.D.C. (MDC), LGI Homes (LGIH), M/I Homes (MHO), Century Communities (CCS), William Lyon Homes (WLH), Green Brick Partners (GRBK), Beazer Homes USA (BZH), New Home (NWHM), Hovnanian Enterprises (HOV), Comstock Holding Companies (CHCI) and AV Homes (AVHI).
Who are Meritage Homes' key executives?
Meritage Homes' management team includes the folowing people:
- Mr. Steven J. Hilton, Chairman & CEO (Age 58)
- Ms. Hilla Sferruzza, CFO & Exec. VP (Age 43)
- Mr. Phillippe Lord, COO & Exec. VP (Age 45)
- Mr. C. Timothy White, Gen. Counsel, Exec. VP & Sec. (Age 58)
- Mr. Javier Feliciano, Chief HR Officer & Exec. VP (Age 45)
Who are Meritage Homes' major shareholders?
Meritage Homes' stock is owned by a number of of retail and institutional investors. Top institutional investors include Greenhaven Associates Inc. (0.18%), Louisiana State Employees Retirement System (0.04%), Radnor Capital Management LLC (0.03%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Meritage Homes stock include C Timothy White, Dana Bradford, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord and Robert Gary Sarver. View Institutional Ownership Trends for Meritage Homes.
Which major investors are selling Meritage Homes stock?
MTH stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System and Greenhaven Associates Inc.. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Hilla Sferruzza, Javier Feliciano, Peter L Ax and Phillippe Lord. View Insider Buying and Selling for Meritage Homes.
Which major investors are buying Meritage Homes stock?
How do I buy shares of Meritage Homes?
Shares of MTH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Meritage Homes' stock price today?
One share of MTH stock can currently be purchased for approximately $40.24.
How big of a company is Meritage Homes?
Meritage Homes has a market capitalization of $1.62 billion and generates $3.23 billion in revenue each year. The construction company earns $143.25 million in net income (profit) each year or $3.88 on an earnings per share basis. Meritage Homes employs 1,605 workers across the globe.
What is Meritage Homes' official website?
How can I contact Meritage Homes?
Meritage Homes' mailing address is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. The construction company can be reached via phone at 480-515-8100 or via email at [email protected]
MarketBeat Community Rating for Meritage Homes (NYSE MTH)
MarketBeat's community ratings are surveys of what our community members think about Meritage Homes and other stocks. Vote "Outperform" if you believe MTH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTH will underperform the S&P 500 over the long term. You may vote once every thirty days.
