Meritage Homes Corporation (MTH)
| Market Cap | 4.63B |
| Revenue (ttm) | 6.28B |
| Net Income (ttm) | 722.98M |
| Shares Out | 71.83M |
| EPS (ttm) | 9.89 |
| PE Ratio | 6.52 |
| Forward PE | 7.77 |
| Dividend | $1.72 (2.67%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 812,719 |
| Open | 65.29 |
| Previous Close | 65.95 |
| Day's Range | 63.90 - 66.12 |
| 52-Week Range | 59.27 - 106.99 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 74.42 (+15.43%) |
| Earnings Date | Jul 23, 2025 |
About MTH
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. It operates through two segments: Homebuilding and Financial Services. The company acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. It also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement servic... [Read more]
Financial Performance
In 2024, Meritage Homes's revenue was $6.40 billion, an increase of 4.18% compared to the previous year's $6.14 billion. Earnings were $786.19 million, an increase of 6.42%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for MTH stock is "Buy." The 12-month stock price forecast is $74.42, which is an increase of 15.43% from the latest price.
News
Meritage Homes Is Building Value For All Seasons
Meritage Homes, is steadily taking market share, building and delivering homes faster, all the while returning capital to shareholders. Meritage Homes is in an advantageous position even as housing pr...
Meritage Homes: A Building Stock For All Seasons
I originally made Meritage Homes (MTH) a Long Idea in June 2020 and reiterated my bullish thesis on the stock many times since.
Meritage Homes Announces Quarterly Cash Dividend
SCOTTSDALE, Ariz., May 22, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Di...
Meritage Homes Extends Partnership with Operation Homefront, Donating Two Mortgage-Free Homes to Military Families in Colorado and North Carolina
The homebuilder's 12th year partnering with Operation Homefront's Permanent Homes for Veterans program The homebuilder's 12th year partnering with Operation Homefront's Permanent Homes for Veterans pr...
Meritage Homes Corporation (MTH) Q1 2025 Earnings Call Transcript
Meritage Homes Corporation (NYSE:MTH) Q1 2025 Results Conference Call April 24, 2025 11:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations and ESG Steve Hilton - Executiv...
Meritage Homes reports first quarter 2025 results
SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2025.
Meritage Homes: Undervalued As Temporary Uncertainty Weighs On Housing Market
Meritage Homes has grown earnings alongside other homebuilders based on surging housing prices amid a persisting housing shortage. The current industry outlook is weakened by higher mortgage rates and...
Meritage Homes First Quarter 2025 Earnings Conference Call and Webcast Scheduled for April 24, 2025
SCOTTSDALE, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2025 result...
Meritage Homes Announces Pricing of $500 Million of 5.650% Senior Notes Due 2035
SCOTTSDALE, Ariz., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”) announced today that it has priced a registered underwritten public offering of...
Meritage Homes Increases Quarterly Cash Dividend and Renews Programmatic Share Repurchase Strategy
SCOTTSDALE, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that its Boa...
Meritage Homes: Strong Execution And Resilient Demand Fuel Growth
MTH's strong order growth and record backlog conversion demonstrate robust demand, despite a tough macro backdrop and high mortgage rates. Management's conservative FY25 guidance sets the stage for po...
Meritage Homes Corporation (MTH) Q4 2024 Earnings Call Transcript
Meritage Homes Corporation (NYSE:MTH) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations and ESG Steve Hilton - Execu...
Meritage Homes reports fourth quarter 2024 results
SCOTTSDALE, Ariz., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced fourth quarter and full year results for the periods ended Dece...
Here's why Meritage Homes is top pick among homebuilders at UBS
John Novallo, senior homebuilder analyst at UBS, joins 'The Exchange' to discuss the impact of high rates on the housing market, his outlook for the homebuilders, and more.
Meritage Homes Appoints Geisha Williams to its Board of Directors
SCOTTSDALE, Ariz., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Geisha Williams as an independent d...
Meritage Homes Gives $3.3 Million In 2024 To Support Communities Nationwide
SCOTTSDALE, Ariz., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest public homebuilder in the U.S., continues to live up to its brand promise of a Life.Built...
Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
I maintain a buy rating for Meritage Homes Corporation due to strong earnings growth outlook and favorable macro conditions, including tight housing supply and elevated mortgage rates. MTH's strategic...
RH Year-High Rally, COST Little Changed, Homebuilder Downgrades
Broadcom (AVGO) may have stolen the show with its earnings, but RH ushers a huge rally of its own with raised guidance despite a miss on earnings. Costco (COST) didn't shake a lot of ground in the mar...
Meritage Homes Fourth Quarter 2024 Earnings Conference Call and Webcast Scheduled for January 30, 2025
SCOTTSDALE, Ariz., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's fourth quarter 2024 result...
Meritage Homes CEO: We fill a void in housing market with move-in ready homes
Phillippe Lord, Meritage Homes CEO, joins CNBC's 'The Exchange' to discuss what to expect in the upcoming year for home building.
Meritage Homes Announces Two-for-One Stock Split
SCOTTSDALE, Ariz., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of D...
Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization
SCOTTSDALE, Ariz., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of D...
Homebuilder M&A soars - here's why
CNBC's Diana Olick joins 'The Exchange' to report on homebuilder sentiment improving and why homebuilder M&A is soaring.
Meritage Homes Corporation (MTH) Q3 2024 Earnings Call Transcript
Meritage Homes Corporation (NYSE:MTH) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations & ESG Steve Hilton - Executi...