Meritage Homes/$MTH

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About Meritage Homes

Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, comprising ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments: homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services, and the financial services segment offers title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.

Ticker

$MTH

Primary listing

NYSE

Industry

Household Durables

Employees

1,898

ISIN

US59001A1025

Meritage Homes Metrics

BasicAdvanced
$4.8B
6.70
$9.89
1.70
$1.56
2.60%

What the Analysts think about Meritage Homes

Analyst ratings (Buy, Hold, Sell) for Meritage Homes stock.

Bulls say / Bears say

Meritage Homes achieved a record annual closing volume of 15,611 homes in 2024, marking a 12% year-over-year increase, indicating strong demand for its products. (gurufocus.com)
The acquisition of Elliott Homes added approximately 5,500 lots, expanding Meritage's footprint in the Gulf Coast market and positioning the company for future growth. (tipranks.com)
Meritage Homes increased its quarterly cash dividend by 15% year-over-year and repurchased over 600,000 shares in Q1 2025, demonstrating a commitment to returning value to shareholders. (tipranks.com)
The average sales price on orders fell to $400,000 in 2024, a 4% decrease from the prior year, due to a shift in product and geographic mix and increased use of financing incentives. (tipranks.com)
Meritage Homes' home closing gross margin decreased by 380 basis points in Q1 2025 compared to the previous year, primarily due to increased use of financing incentives and higher lot costs. (tipranks.com)
JPMorgan downgraded Meritage Homes' stock from 'Overweight' to 'Neutral' in December 2024, citing valuation concerns and alignment with industry peers on key financial metrics. (investing.com)
Data summarised monthly by Lightyear AI. Last updated on 8 Jun 2025.

Meritage Homes Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Meritage Homes Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Jun30
Meritage Homes
Dividend·Payment
$0.43Per share
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