Meritage Homes Corp: (NYSE: MTH)

$48.56

0.52 (1.08%)

Volume 382,119

Jun 18 04:06 PM ET

Zacks Rank: 1-Strong Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		47.22 - 48.92
	
		52wk Low - High
		25.88 - 52.95
	
		Previous Close
		48.04
	
		Avg. Volume
		487,737
	
		Industry
		BLDG-RSDNT/COMR
	
		Market Cap
		1.74 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		1.77
	
		P/E (F1)
		20.89
	
		Current Year Est.
		2.30
	
		Quarterly Earnings ESP 
		NA
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

                Premium research
            
		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
                                                        
		1
Strong Buy

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

                                                                    Zacks Equity Research Home
Zacks Premium - The only way to get access to Zacks Recommendations
                                                                
		Outperform
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

                                                                About Zacks Industry Rank

                                                                Zacks Industry Rank - All current industry ranks. 

                                                                Zacks Premium - The only way to get access to the Zacks Industry Rank
                                                            
		7 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

                                        Zacks Equity Research Home
                                        Zacks Premium - The only way to get access to Zacks Recommendations
                                    
Updated as of 06/5/2013

		PREMIUM
	
    (  = Change in last 30 days) 
Get all our stock ratings and recommendations with a Free Trial to Zacks Premium Start Free Trial 
Zacks Premium Home | Zacks Rank Stock Education

                Key Earnings Data
            
                            P/E (F1)
                            20.89
                        
                            PEG Ratio
                            2.72
                        
                            Current Year Est.
                            2.30
                        
                            Current Quarter Estimate
                            0.45
                        
                            Most Accurate Estimate
                            NA
                        
                            Earnings ESP 
                            NA
                        
                            Next Earnings Report Date
                            07-25-2013
                        
                            EPS Last Year
                            1.65
                        
                            Expected Earnings Growth
                            7.67%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Meritage Homes Corp. is one of the nation's largest single-family homebuilders.   
Full MTH Company Report

 Snapshot on MTH

NYSE data is at least 20 minutes delayed.
NASDAQ data is at least 15 minutes delayed.

            Interactive Java Charting | Fundamental Charts
        
            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
MTH Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.45	0.69	2.30	3.71
Number of Estimates	9	9	8	9
Low Estimate	0.39	0.58	2.11	3.15
High Estimate	0.49	0.76	2.42	NA
Year Ago EPS	0.26	0.43	1.30	2.30
EPS Growth	72.22%	59.95%	76.92%	61.11%

More MTH Estimates

Average Earnings Estimates for MTH

EPS Growth for MTH

Industry Analysis

Name	Symbol	Previous Close
MERITAGE HOMES	MTH	48.04
D R HORTON INC	DHI	24.26
LENNAR CORP -A	LEN	39.32
RYLAND GRP INC	RYL	44.50
BEAZER HOMES	BZH	19.91
MDC HLDGS	MDC	36.56
PULTE GROUP ONC	PHM	21.42
TRI POINTE HOME	TPH	16.59
GAFISA SA-ADR	GFA	2.90
HOVNANIAN ENTRP	HOV	6.37

Sector:Construction>> Industry:BLDG-RSDNT/COMR

COMPARE TICKER vs. Its Peers

Zacks Commentary

Homebuilders Rise on Robust Housing Data

Jun 18, 2013

NVR Unveils Single-Family Homes

Jun 14, 2013

Homebuilders Rebound in Thursday Trading

Jun 14, 2013

Ryland Offers Homes in Mission Viejo

Jun 13, 2013

Stock Market News for June 11, 2013

Jun 11, 2013

Ryland Confirms LionsGate Buy

Jun 07, 2013

NVR Launches Roman Homes in Withrow Downs

Jun 03, 2013

Zacks Bull and Bear of the Day Highlights: Meritage Homes, NASDAQ OMX Group, Dean Foods, WhiteWave Foods and JPMorgan Chase

May 29, 2013

More MTH Zacks Commentary

Financials

EPS TTM	1.65
Sales	1,194
Net Income	122
Price/Earnings	29.11
Price/Book	2.42
Price/Cash Flow	31.93
Price/Sales	1.31

More MTH Financials

News

Standard Pacific has the Best Relative Performance in the Homebuilding Industry (SPF, MHO, PHM, MTH, TOL) - Financial News Network Online - News Corner

Jun 18, 2013

Meritage Homes Makes a Move: Up 2.6% - Financial News Network Online - Market Movers

Jun 17, 2013

Top 3 Companies in the Homebuilding Industry With the Lowest P/E Ratio (SPF, DHI, MTH) - Financial News Network Online - News Corner

Jun 17, 2013

Shares of Ryland Group Rank the Highest in Terms of Relative Performance in the Homebuilding Industry (RYL, KBH, SPF, MTH, MDC) - Financial News Network Online - News Corner

Jun 14, 2013

Short Interest Swings in Home Builder Stocks (KBH, NVR, TMHC) - Benzinga

Jun 14, 2013

Mammoth Announces Re-Pricing of Its Previously Announced Private Placement Financing - Marketwire Canada

Jun 13, 2013

Mammoth Announces Re-Pricing of Its Previously Announced PrivatePlacement Financing - Marketwire

Jun 13, 2013

Meritage Homes Shares Climbing Higher, Up 1.8% - Financial News Network Online - Market Movers

Jun 13, 2013

See All News Stories on MTH

Broker Recommendations

Current ABR	2.27
ABR (Last Week)	2.27
# of recs in ABR	11
Average Target Price	50.25
Industry Rank by ABR	7 out of 265
Rank in Industry	1 out of 17

More MTH Broker Recommendations

Day Low - High	47.22 - 48.92
52wk Low - High	25.88 - 52.95
Previous Close	48.04
Avg. Volume	487,737
Industry	BLDG-RSDNT/COMR
Market Cap	1.74 B
Div - Yield	0.00 - 0.00
Beta	1.77
P/E (F1)	20.89
Current Year Est.	2.30
Quarterly Earnings ESP	NA

P/E (F1)	20.89
PEG Ratio	2.72
Current Year Est.	2.30
Current Quarter Estimate	0.45
Most Accurate Estimate	NA
Earnings ESP	NA
Next Earnings Report Date	07-25-2013
EPS Last Year	1.65
Expected Earnings Growth	7.67%

Username: Password:

Remember me [?]

Meritage Homes Corp: (NYSE: MTH)

$48.56

0.52 (1.08%)

Volume 382,119

Jun 18 04:06 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Construction>> Industry:BLDG-RSDNT/COMR

Zacks Commentary

Financials

News

Broker Recommendations