Meritage Homes Corporation (MTH)
| Market Cap | 3.82B |
| Revenue (ttm) | 4.94B |
| Net Income (ttm) | 560.88M |
| Shares Out | 37.82M |
| EPS (ttm) | 14.60 |
| PE Ratio | 6.90 |
| Forward PE | 5.24 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 207,564 |
| Open | 99.85 |
| Previous Close | 100.40 |
| Day's Range | 98.35 - 101.47 |
| 52-Week Range | 78.00 - 120.19 |
| Beta | 1.71 |
| Analysts | Buy |
| Price Target | 131.71 (+30.7%) |
| Est. Earnings Date | Oct 27, 2021 |
About MTH
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 title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage H...
Financial Performance
In 2020, Meritage Homes's revenue was $4.51 billion, an increase of 22.53% compared to the previous year's $3.68 billion. Earnings were $423.48 million, an increase of 69.62%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for Meritage Homes stock is "Buy." The 12-month stock price forecast is 131.71, which is an increase of 30.74% from the latest price.
News
4 Stocks to Buy on a Booming Homebuilding Market
The housing market is still going strong, which makes for the right opportunity to invest in stocks like Meritage Homes (MTH), MI Homes (MHO), TRI Pointe (TPH), and Century Communities (CCS).
Builders Regain Confidence in September: Top 4 Housing Picks
The latest September reading of builders' confidence reflects thriving housing market conditions, defying supply shortage.
Factors Supporting Meritage Homes' (MTH) Resilient 2H21 View
Meritage Homes (MTH) is set to benefit from a focus on entry-level, first-time, and move-up buyers along with a solid housing industry.
Operation Homefront Selects Deserving Military Family for Mortgage-Free Meritage Home
SCOTTSDALE, Ariz., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH) and Operation Homefront today announced that a military family has been selected for the Permanent Homes for Veterans prog...
Top Ranked Value Stocks to Buy for September 7th
BCC, DOW, HPQ, and MTH made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 7, 2021.
5 Top Homebuilding Stocks to Ride the Booming Industry
Although a rise in input prices and land/labor costs pose risks, low mortgage rates and higher demand are likely to drive the industry. TOL, MTH, TPH, CCS, and MHO are well-positioned to gain.
Why Is Meritage (MTH) Up 2.6% Since Last Earnings Report?
Meritage (MTH) reported earnings 30 days ago. What's next for the stock?
Top Ranked Value Stocks to Buy for August 25th
MTH, LNC, HVT, and CLS made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 25, 2021
Meritage Homes Launches New Enhancements to Its Digital Homebuying Experience
New solutions enable buyers to find, tour, finance and insure their homes virtually or via a contactless in-person solution New solutions enable buyers to find, tour, finance and insure their homes virt...
Meritage Homes, The Hershey Company, And Packaging Corporation Of America Are Poised For Post Pandemic Growth
After 2Q21 earnings, long-term tailwinds give these three Long Ideas excellent opportunities to grow profits.
Meritage Homes Teams Up with Daltile to Offer the Hottest New Design Trends
Homebuyers now have access to the latest in fashion-forward but eco-friendly tile collections
Why Meritage Homes Was Soaring Last Week
The homebuilder is caught up in a white-hot housing market.
Why Meritage Homes Stock Rallied as Much as 14.7% in Morning Trading Today
The home builder reported earnings. Results were strong and there were no signs of things slowing down.
Meritage Homes (MTH) Up on Q2 Earnings Beat, Raises View
Meritage Homes' (MTH) second-quarter 2021 earnings and revenues reflect robust market demand backed by lower mortgage interest rates as well as ongoing homebuying trends.
Meritage Homes (MTH) Tops Q2 Earnings and Revenue Estimates
Meritage (MTH) delivered earnings and revenue surprises of 26.38% and 10.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Meritage Homes Reports Second Quarter 2021 Results, Including Record Gross Margin of 27.3%, 11% Sequential Quarterly ...
SCOTTSDALE, Ariz., July 28, 2021 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, reported second quarter results for the period ended June 30, 2021.
Meritage Homes (MTH) Reports Next Week: Wall Street Expects Earnings Growth
Meritage (MTH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Strong Sell Stocks for July 13th
ONEM, BABA, DXCM, ORAN, and MTH have been added to the Zacks Rank #5 (Strong Sell) List on July 13, 2021
Pending Home Sales Soar in May: 5 Solid Stocks to Buy
The housing market is still going strong despite slowing down lately. This has been helping companies like Lennar Corporation (LEN), KB Home (KBH) and Toll Brothers (TOL), M.D.C.
Bullish on Housing? 3 Homebuilder Stocks to Put on Your Radar
The housing market is hot right now, so here are a few ideas on how to play it.