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 first-time and first move-up buyers. The company also offers luxury homes; and title insurance and closing/settlement services to its homebuyers.
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Industry, Sector and Symbol
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
Phone480-515-8100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.51 billion
Profitability
Miscellaneous
Employees1,615
Next Earnings Date10/22/2019 (Confirmed)
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 earnings results on Wednesday, July, 24th. The construction company reported $1.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.03 by $0.28. The construction company had revenue of $864.60 million for the quarter, compared to analysts' expectations of $808.02 million. Meritage Homes had a net margin of 5.94% and a return on equity of 11.81%. The firm's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.32 EPS. View Meritage Homes' Earnings History.
When is Meritage Homes' next earnings date?
How can I listen to Meritage Homes' earnings call?
Meritage Homes will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Meritage Homes issued on next quarter's earnings?
Meritage Homes issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $5.20-5.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.75. The company issued revenue guidance of $3.4-3.6 billion, compared to the consensus revenue estimate of $3.38 billion.
What price target have analysts set for MTH?
10 analysts have issued 12 month price targets for Meritage Homes' shares. Their forecasts range from $36.00 to $82.00. On average, they anticipate Meritage Homes' share price to reach $52.82 in the next year. This suggests that the stock has a possible downside of 28.6%. View Analyst Price Targets for Meritage Homes.
What is the consensus analysts' recommendation for Meritage Homes?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meritage Homes.
Has Meritage Homes been receiving favorable news coverage?
Press coverage about MTH stock has been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Meritage Homes earned a coverage optimism score of 3.3 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Meritage Homes.
Are investors shorting Meritage Homes?
Meritage Homes saw a decrease in short interest in September. As of September 30th, there was short interest totalling 1,420,000 shares, a decrease of 10.1% from the August 30th total of 1,580,000 shares. Based on an average daily volume of 554,600 shares, the days-to-cover ratio is presently 2.6 days. Approximately 3.8% of the shares of the company are short sold. View Meritage Homes' Current Options Chain.
Who are some of Meritage Homes' key competitors?
Some companies that are related to Meritage Homes include PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), Taylor Morrison Home (TMHC), M.D.C. (MDC), TRI Pointe Group (TPH), LGI Homes (LGIH), M/I Homes (MHO), Century Communities (CCS), William Lyon Homes (WLH), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI).
What other stocks do shareholders of Meritage Homes own?
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 many different of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.51%), Bowling Portfolio Management LLC (0.09%), State of Alaska Department of Revenue (0.08%), Pacer Advisors Inc. (0.03%), Crossmark Global Holdings Inc. (0.03%) and Campbell & CO Investment Adviser LLC (0.01%). 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, Raymond Oppel, Robert Gary Sarver and Steven J Hilton. View Institutional Ownership Trends for Meritage Homes.
Which institutional investors are selling Meritage Homes stock?
MTH stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Bowling Portfolio Management LLC and Crossmark Global Holdings Inc.. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Phillippe Lord, Raymond Oppel and Steven J Hilton. View Insider Buying and Selling for Meritage Homes.
Which institutional investors are buying Meritage Homes stock?
MTH stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC and Dalton Greiner Hartman Maher & Co.. View Insider Buying and Selling for Meritage Homes.
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, Robinhood, Fidelity and Charles Schwab.
What is Meritage Homes' stock price today?
One share of MTH stock can currently be purchased for approximately $74.01.
How big of a company is Meritage Homes?
Meritage Homes has a market capitalization of $2.83 billion and generates $3.51 billion in revenue each year. The construction company earns $227.33 million in net income (profit) each year or $5.58 on an earnings per share basis. Meritage Homes employs 1,615 workers across the globe.View Additional Information About Meritage Homes.
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.
