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Meritage Homes (MTH)

(Delayed Data from NYSE)

$183.03 USD

183.03
536,435

-5.10 (-2.71%)

Updated May 16, 2024 03:59 PM ET

After-Market: $182.84 -0.19 (-0.10%) 7:58 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 B 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 8% (19 out of 250)

Industry: Building Products - Home Builders

Better trading starts here.

Zacks News

Ankita Gupta headshot

Homebuilders Gain as Mortgage Rates Fall to Two-Year Low

The housing market looks encouraging as mortgage rates dip to the lowest level since September 2017.

Meritage Homes Banks on Entry-Level Buyers, Lower ASP Hurt

Meritage Homes' (MTH) focus on entry-level and first-time buyers bodes well. Yet, higher expenses and lower ASP remain a cause for concern.

Meritage Homes' (MTH) Q1 Earnings Beat Estimates, View Soft

Lower ASP and increased expenses impact Meritage Homes' (MTH) first-quarter 2019 results.

Analysts Estimate Meritage Homes (MTH) to Report a Decline in Earnings: What to Look Out for

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.

Meritage Homes Opens Energy-Efficient Community CitySquare

Meritage Homes (MTH) boosts community count with the opening of a new condominium community, CitySquare, in the heart of Irvine's Business Complex.

Should Value Investors Consider Meritage (MTH) Stock Now?

Let's see if Meritage (MTH) stock is a good choice for value-oriented investors right now from multiple angles.

Meritage Homes Focuses on First-Time Buyers, Backlog Falls

Meritage Homes' (MTH) strategic shift to a pure-play entry-level and first-move-up builder bodes well. However, lower backlog remains a cause of concern.

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Mortgage Rates Lowest in a Year: Top 4 Housing Picks

The housing space looks promising as mortgage rates drop to the lowest level in a year.

Shrabana Mukherjee headshot

Homebuilding Industry Outlook: Near-Term Prospects Bleak

Although a robust economy and solid job market are expected to drive demand, higher construction, labor and freight costs, rising rates and supply dearth are marring the industry's prospects.

Armstrong Flooring (AFI) Posts Wider-than-Expected Q4 Loss

Lower volumes along with higher material costs negatively impact Armstrong Flooring's (AFI) performance in the fourth quarter.

Meritage Homes' (MTH) 2-Month Preliminary Orders In Line Y/Y

Meritage Homes' (MTH) preliminary orders in the first two months of 2019 are in line with the comparable year-ago period.

Tandem, MGM, Meritage, KB Home and Lennar highlighted as Zacks Bull and Bear of the Day

Tandem, MGM, Meritage, KB Home and Lennar highlighted as Zacks Bull and Bear of the Day

Owens Corning (OC) Stock Down 5% Despite Q4 Earnings Beat

Solid Insulation business and improved pricing help Owens Corning (OC) to post higher fourth-quarter 2018 earnings. Significant volume decline in Composites and Roofing business offsets the positives.

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Builders' Sentiment Rises in February as Rates Decline

Builder confidence increases to a four-month high given declining mortgage rates and a solid job market.

Louisiana-Pacific (LPX) Stock Up 10% Despite Q4 Earnings Miss

Lower OSB prices, volumes along with EWP sales negatively impact Louisiana-Pacific's (LPX) performance in the fourth quarter. Yet, dividend hike and a new share buyback program raise hopes.

Martin Marietta's (MLM) Shares Down on Q4 Earnings Miss

Lower shipments across Martin Marietta's (MLM) business negatively impact fourth-quarter results.

Meritage Homes (MTH) Q4 Earnings Beat Estimates, Up Y/Y

Higher home deliveries and strong demand in entry-level homes help Meritage Homes (MTH) to post higher earnings as well as revenues in fourth-quarter 2018.

Meritage Homes (MTH) Q4 Earnings and Revenues Beat Estimates

Meritage (MTH) delivered earnings and revenue surprises of 26.49% and 4.45%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

4 Construction Stocks Poised for a Q4 Earnings Beat

Increased spending, healthy economy, strong job market and higher demand will reflect in the construction sector's Q4 results despite multiple headwinds.

PulteGroup (PHM) to Report Q4 Earnings: What's in the Cards?

Solid land acquisition strategy and prudent cost-saving actions are likely to aid PulteGroup's (PHM) Q4 results. However, rising land and labor costs mar its prospects.

Meritage Homes (MTH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Meritage (MTH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

D.R. Horton (DHI) to Post Q1 Earnings: What's in the Offing?

Rising home prices & mortgage rates will likely moderate the demand for homes. Meanwhile, higher construction costs will also pose a threat to D.R. Horton's (DHI) fiscal Q1 profitability.

NVR to Post Q4 Earnings: What's in Store for the Stock?

NVR's disciplined business model and solid segmental performance are likely to boost Q4 results. However, rising land, labor and material costs mar its prospects.

United Rentals (URI) to Report Q4 Earnings: What's in Store?

Strong end-market demand and solid contribution from completed acquisitions will likely aid United Rentals' (URI) Q4 earnings.

Meritage Homes (MTH) Lags on Q3 Earnings, Slashes 2018 View

Higher home deliveries and focus on entry-level LiVE.NOW help Meritage Homes (MTH) to post higher earnings and revenues in third-quarter 2018. However, it trims its guidance due to overall softness in the market.