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Meritage Homes (MTH)

(Delayed Data from NYSE)

$173.12 USD

173.12
380,397

+6.57 (3.95%)

Updated May 2, 2024 04:00 PM ET

Zacks Rank:

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
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 4% (11 out of 251)

Industry: Building Products - Home Builders

Better trading starts here.

Zacks News

Meritage Homes (MTH) Up 42% Over a Month: More Room to Run?

Meritage Homes' (MTH) strategic shift to a pure-play entry-level and move-up builder is likely to drive growth.

Shrabana Mukherjee headshot

April's Sales Rise Hints at Housing Comeback: Stocks in Focus

New home sales edge higher in April with easing of lockdowns in the country. Is this an indication of revival in housing?

Sanghamitra Saha headshot

Housing Post COVID-19: All About Pricing, Volume & Rates

The homebuilding sector has suffered a lot amid COVID-19 and is likely to see meaningful sales and price decline ahead. However, credit conditions and valuations are cheaper.

Ankita Gupta headshot

Builders Confidence Up in May: Signs of Revival in Housing?

Builder sentiment rebounds in May with easing of lockdowns in the country. Is this an indication of revival in housing activity?

Ritujay Ghosh headshot

Homebuilder Confidence Rises in May: Is the Worst Over?

Mortgage applications for buying homes rose for four straight weeks, as the Fed pumped cash into the economy to lower mortgage rates as part of its efforts to stimulate economic activity.

Meritage Homes' (MTH) Shares Up as Q1 Earnings Top Estimates

Meritage Homes' (MTH) first-quarter results reflect solid home closing revenues, gross margins and overhead leverage. However, coronavirus-induced shutdown weighs on the results.

Ankita Gupta headshot

March Housing Sales Drop Maximum Since 2015: More Pain Ahead?

Existing home sales decline in March as coronavirus hits the U.S. housing market. The worst reading is yet to come as most states are under stay-at-home orders.

PulteGroup (PHM) to Report Q1 Earnings: What's in Store?

PulteGroup's (PHM) Q1 results are likely to benefit from high demand for homes, buyouts & cost-saving actions. Lower ASPs, higher land/labor costs & shutdowns due to coronavirus may have been woes.

Sanghamitra Saha headshot

Order Cancellations Weigh on Housing ETFs: What Lies Ahead?

Big housing companies have been seeing order cancellations. However, still-open construction sites that add to the inventory and lower rates may perk up homebuying once the crisis is over.

Ankita Gupta headshot

Builder Confidence Nosedives in April Amid Coronavirus Scare

Builder sentiment falls to eight-year low as the coronavirus outbreak is restricting buyers to return to the marketplace.

The Zacks Analyst Blog Highlights: Meritage Homes, Sarepta Therapeutics, The Clorox Company, The Hain Celestial Group and Entergy

The Zacks Analyst Blog Highlights: Meritage Homes, Sarepta Therapeutics, The Clorox Company, The Hain Celestial Group and Entergy

Sweta Killa headshot

Any Bright Spot in Q1 Earnings? Sector ETFs & Stocks to Buy

First-quarter results are likely to be bleak, given that the coronavirus outbreak are weighing on corporate profits. However, there are still some bright spots. Let's have a look.

Tirthankar Chakraborty headshot

5 Stocks to Win Big This Brutal Q1 Earnings Season

There are certain sectors whose earnings are expected to perk up in the first quarter despite this pandemic. Such sectors include Construction, Medical, Consumer Staples and Utilities.

Why Meritage (MTH) is Poised to Beat Earnings Estimates Again

Meritage (MTH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

D.R. Horton's Q2 Sales Strong, March Cancellation Rate Rises

Although D.R. Horton (DHI) reports strong Q2 orders, its March cancellation rate rises due to coronavirus pandemic.

    Meritage Homes' (MTH) Q1 Orders Strong, March Orders Decline

    Although Meritage Homes (MTH) reports strong Q1 orders, its March orders decline due to coronavirus pandemic.

    Sumit Singh headshot

    5 Low P/CF Stocks for a Solid Portfolio Amid Coronavirus Crisis

    Investment in stocks made on diligent value analysis is usually considered one of the best practices. In value investing, investors pick stocks that are cheap but fundamentally sound.

    The Zacks Analyst Blog Highlights: D.R. Horton, Meritage Homes, TRI Pointe, Century Communities and M.D.C.

    The Zacks Analyst Blog Highlights: D.R. Horton, Meritage Homes, TRI Pointe, Century Communities and M.D.C.

    Shrabana Mukherjee headshot

    Coronavirus Risks Rife for Housing: What Does Spring Market Hold?

    The U.S. housing market is expected to be hurt by coronavirus-induced recession and layoffs. Will the ongoing spring season bring some relief?

    Top Ranked Value Stocks to Buy for April 2nd

    Here are four stocks with buy rank and strong value characteristics for investors to consider today, April 2nd

    Are Investors Undervaluing Meritage Homes (MTH) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

    RPM's Q3 Results to be at Higher End of Previous Guidance

    RPM's third-quarter fiscal 2020 results are likely to be at the higher end of its prior view owing to strong restructuring initiatives.

      Lennar (LEN) Earnings and Revenues Beat in Q1, Shares Rise

      Benefits from higher operating leverage and rising demand help Lennar (LEN) post better-than-expected fiscal Q1 earnings. However, it suspends guidance owing to the coronavirus crisis.

      Ankita Gupta headshot

      Housing Starts Drop in February, Coronavirus a Potent Threat

      The housing space struggles to surge as COVID-19 disrupts world economy. Also, housing starts and building permits decline in March.

      Builders Sentiments Slip in March as Coronavirus Fears Rise

      Builders sentiments slip two points low in March as coronavirus spreads across the United States.