Meritage Homes Corporation

MTH

US59001A1025

Homebuilding

Market Closed - Nyse Other stock markets 04:00:02 2024-06-26 pm EDT			5-day change	1st Jan Change
162.2 ^USD	-0.92%		-1.12%	-6.90%

Jun. 24	Meritage Homes Corporation(NYSE:MTH) added to S&P Homebuilders Select Industry Index	CI
Jun. 13	Meritage Homes Corporation Enters Tenth Amendment to Amended and Restated Credit Agreement	CI

Meritage Homes Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 29, 2020 at 04:37 pm EST

Meritage Homes Corporation announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net income was USD 103.614 million compared to USD 75.485 million a year ago. Basic earnings per share was USD 2.71 compared to USD 1.93 a year ago. Diluted earnings per share was USD 2.65 compared to USD 1.91 a year ago. For the full year, net income was USD 249.663 million compared to USD 227.332 million a year ago. Basic earnings per share was USD 6.55 compared to USD 5.67 a year ago. Diluted earnings per share was USD 6.42 compared to USD 5.58 a year ago.

Latest news about Meritage Homes Corporation

Meritage Homes Corporation(NYSE:MTH) added to S&P Homebuilders Select Industry Index	Jun. 23	CI
Meritage Homes Corporation Enters Tenth Amendment to Amended and Restated Credit Agreement	Jun. 13	CI
Transcript : Meritage Homes Corporation - Analyst/Investor Day	Jun. 12
Transcript : Meritage Homes Corporation - Analyst/Investor Day	May. 20
Meritage Homes Maintains Quarterly Dividend at $0.75 Per Share, Payable June 28 to Shareholders of Record June 14	May. 16	MT
Meritage Homes Corporation Announces Quarterly Cash Dividend, Payable on June 28, 2024	May. 16	CI
Meritage Homes Completes $575 Million Debt Offering	May. 09	MT
Keefe, Bruyette & Woods Adjusts Price Target on Meritage Homes to $195 From $180, Maintains Market Perform Rating	May. 08	MT
UBS Adjusts Meritage Homes Price Target to $232 From $219, Maintains Buy Rating	Apr. 26	MT
Transcript : Meritage Homes Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Meritage Homes Q1 Earnings, Total Closing Revenue Rise; 2024 EPS Guidance Set; Shares Jump After Hours	Apr. 24	MT
Earnings Flash (MTH) MERITAGE HOMES CORPORATION Reports Q1 EPS $5.06, vs. Street Est of $3.54	Apr. 24	MT
Earnings Flash (MTH) MERITAGE HOMES CORPORATION Posts Q1 Revenue $1.47B	Apr. 24	MT
(MTH) MERITAGE HOMES CORPORATION Sees Fiscal Year 2024 EPS Range $19.20 - $20.70	Apr. 24	MT
Tranche Update on Meritage Homes Corporation's Equity Buyback Plan announced on February 14, 2019.	Apr. 24	CI
Meritage Homes Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
Meritage Homes Corporation Updates Earnings Guidance for the Full Year 2024	Apr. 24	CI
Wedbush Downgrades Meritage Homes to Underperform From Neutral, Adjusts PT to $148 From $155; Says Could See Normal Seasonal Stock Price Decline Into Summer	Apr. 02	MT
Meritage Homes and Trophy Signature Homes Announces Its Newest Development in Huffman, Texas	Mar. 25	CI
Raymond Oppel to Retire from Meritage Homes Board of Directors, Effective May 16, 2024	Mar. 15	CI
Meritage Homes Insider Sold Shares Worth $1,156,678, According to a Recent SEC Filing	Mar. 05	MT
Meritage Homes Insider Sold Shares Worth $745,243, According to a Recent SEC Filing	Mar. 05	MT
Meritage Homes Institutes $15 Million Minimum Quarterly Share Repurchases; Q1 Buyback Completed	Feb. 22	MT
Meritage Homes Lifts Quarterly Dividend to $0.75 Per Share From $0.27 Per Share, Payable March 29 to Holders of Record March 15	Feb. 22	MT
Meritage Homes Corporation Appoints Deb Henretta to its Chair of the New Committee	Feb. 22	CI

Chart Meritage Homes Corporation

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Company Profile

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.

Sector

Homebuilding

Calendar

2024-07-24 - Q2 2024 Earnings Release

Related indices

Russell 2000

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Ratings for Meritage Homes Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

162.2 USD

Average target price

194 USD

Spread / Average Target

+19.62%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Residential Builders - Single Homes

	1st Jan change	Capi.
MERITAGE HOMES CORPORATION	-6.90%	5.89B
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HOVNANIAN ENTERPRISES, INC.	-10.15%	828M
INVERSIONES CENTENARIO S.A.A.	+3.33%	234M
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SMITH DOUGLAS HOMES CORP.	0.00%	204M
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Residential Builders - Single Homes