Meritage Homes (MTH) News Today

Acadian Asset Management LLC lowered its stake in shares of Meritage Homes Co. (NYSE:MTH - Free Report) by 94.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,287 shares of the construction company's stock after selli

Wedbush raised their target price on shares of Meritage Homes from $148.00 to $160.00 and gave the stock an "underperform" rating in a report on Friday.

Meritage Homes (NYSE:MTH - Get Free Report) issued its quarterly earnings results on Wednesday. The construction company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.17 by $1.14. The business had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $1.57 billion. Meritage Homes had a net margin of 12.54% and a return on equity of 17.63%. The business's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.02 earnings per share.

Vanguard Group Inc. trimmed its holdings in Meritage Homes Co. (NYSE:MTH - Free Report) by 0.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,094,897 shares of the construction company's stock after selling

Meritage Homes (NYSE:MTH) updated its FY 2024 earnings guidance. The company provided EPS guidance of 19.800-21.000 for the period, compared to the consensus estimate of 20.210.

Raymond James initiated coverage on shares of Meritage Homes in a research report on Wednesday. They set an "outperform" rating and a $220.00 price target on the stock.

Sei Investments Co. decreased its position in shares of Meritage Homes Co. (NYSE:MTH - Free Report) by 17.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 22,087 shares of the construction company's stock after selling 4,825 shares during the period. Sei

UniSuper Management Pty Ltd reduced its position in shares of Meritage Homes Co. (NYSE:MTH - Free Report) by 4.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,712 shares of the construction com

Meritage Homes Co. (NYSE:MTH - Get Free Report) has earned a consensus rating of "Hold" from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a b

SageView Advisory Group LLC acquired a new position in Meritage Homes Co. (NYSE:MTH - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 5,739 shares of the construction company's stock, valued at approximately $1,

Meritage Homes (NYSE:MTH) Shares Up 5.8%

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in Meritage Homes Co. (NYSE:MTH - Free Report) by 10.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 95,218 shares of the construction company's

Meritage Homes (NYSE:MTH) Reaches New 12-Month High Following Analyst Upgrade

Illinois Municipal Retirement Fund raised its position in shares of Meritage Homes Co. (NYSE:MTH - Free Report) by 29.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,336 shares of the construction company's stock afte

Empowered Funds LLC lowered its holdings in Meritage Homes Co. (NYSE:MTH - Free Report) by 83.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,195 shares of the construction company's stock after selling 74,212 shares during the per

Quantbot Technologies LP acquired a new stake in shares of Meritage Homes Co. (NYSE:MTH - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,000 shares of the construction company's stock, v

LSV Asset Management increased its stake in Meritage Homes Co. (NYSE:MTH - Free Report) by 3.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 216,400 shares of the construction company's stock after acquiring an additiona

BNP Paribas Financial Markets grew its position in Meritage Homes Co. (NYSE:MTH - Free Report) by 62.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,170 shares of the construction company's stock

Occidental Asset Management LLC bought a new stake in Meritage Homes Co. (NYSE:MTH - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,875 shares of the construction company's stock, valued at approximately $

Artemis Investment Management LLP lessened its holdings in Meritage Homes Co. (NYSE:MTH - Free Report) by 8.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 214,226 shares of the construction company's

Meritage Homes Co. (NYSE:MTH - Get Free Report) has been assigned an average rating of "Hold" from the six research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating an

Vanguard Group Inc. decreased its position in shares of Meritage Homes Co. (NYSE:MTH - Free Report) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,122,798 shares of the construction company's stock

Wellington Management Group LLP reduced its stake in Meritage Homes Co. (NYSE:MTH - Free Report) by 9.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 581,159 shares of the construction co

Goldman Sachs Group Inc. boosted its position in Meritage Homes Co. (NYSE:MTH - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 523,332 shares of the construction company's stock after a

Fisher Asset Management LLC reduced its position in shares of Meritage Homes Co. (NYSE:MTH - Free Report) by 26.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 782,320 shares of the construction company's sto

Blackstone Inc. bought a new stake in Meritage Homes Co. (NYSE:MTH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 60,000 shares of the construction company's stock, valued at approximately $10,452,000. Blacksto

Goldman Sachs Group Inc. increased its stake in Meritage Homes Co. (NYSE:MTH - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 523,332 shares of the construction company's stock after acqu

Seven Eight Capital LP bought a new stake in shares of Meritage Homes Co. (NYSE:MTH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,458 shares of the construction company's stock, valued at approximately