Meritage Homes (MTH)
(Delayed Data from NYSE)
$200.45 USD
-4.95 (-2.41%)
Updated Sep 25, 2024 04:00 PM ET
After-Market: $200.24 -0.21 (-0.10%) 7:58 PM ET
2-Buy of 5 2
B Value D Growth C Momentum C VGM
Company Summary
Based in Scottsdale, AZ, Meritage Homes Corporation is one of the leading designers and builders of single-family homes. The company primarily engages in building and selling single-family homes for entry-level, first-time, move-up, luxury and active adult buyers in historically high-growth regions of the United States.
On Dec 31, 1996, Meritage Homes acquired the homebuilding operations of its predecessor company through a merger. Since then, the company is have engaged in homebuilding and related activities and ceased to operate as a real estate investment trust. Meritage Homes operates as a holding company and has no independent ...
Company Summary
Based in Scottsdale, AZ, Meritage Homes Corporation is one of the leading designers and builders of single-family homes. The company primarily engages in building and selling single-family homes for entry-level, first-time, move-up, luxury and active adult buyers in historically high-growth regions of the United States.
On Dec 31, 1996, Meritage Homes acquired the homebuilding operations of its predecessor company through a merger. Since then, the company is have engaged in homebuilding and related activities and ceased to operate as a real estate investment trust. Meritage Homes operates as a holding company and has no independent assets or operations.
The company operates through two principal business segments: Homebuilding (which accounted for 99.6% of total 2023 revenues) and Financial Services (0.4%).
The Homebuilding segment engages in acquiring and developing land, constructing homes, marketing and selling these constructed homes, and providing warranty and customer services. The company has homebuilding operations in three regions, namely West, Central and East, across nine states - Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.
Meritage Homes also operates Carefree Title Agency, Inc., a wholly-owned title company whose core business includes title insurance and closing/settlement services. Notably, Meritage Homes’ Financial Services segment includes revenues and expenses from Carefree Title.
General Information
Meritage Homes Corporation
18655 NORTH CLARET DRIVE SUITE 400
SCOTTSDALE, AZ 85255
Phone: 480-515-8100
Fax: 480-998-9162
Web: http://www.meritagehomes.com
Email: investors@meritagehomes.com
Industry | Building Products - Home Builders |
Sector | Construction |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/29/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 5.05 |
Current Year EPS Consensus Estimate | 21.09 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 10/29/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 205.40 |
52 Week High | 213.98 |
52 Week Low | 109.23 |
Beta | 1.80 |
20 Day Moving Average | 372,888.09 |
Target Price Consensus | 205.56 |
4 Week | 3.24 |
12 Week | 32.89 |
YTD | 17.91 |
4 Week | 1.31 |
12 Week | 27.70 |
YTD | -1.90 |
Shares Outstanding (millions) | 36.33 |
Market Capitalization (millions) | 7,461.61 |
Short Ratio | NA |
Last Split Date | 1/10/2005 |
Dividend Yield | 1.46% |
Annual Dividend | $3.00 |
Payout Ratio | 0.13 |
Change in Payout Ratio | 0.11 |
Last Dividend Payout / Amount | 9/16/2024 / $0.75 |
Fundamental Ratios
P/E (F1) | 9.74 |
Trailing 12 Months | 9.04 |
PEG Ratio | NA |
vs. Previous Year | 25.70% |
vs. Previous Quarter | 24.70% |
vs. Previous Year | 8.16% |
vs. Previous Quarter | 15.41% |
Price/Book | 1.53 |
Price/Cash Flow | 9.80 |
Price / Sales | 1.16 |
6/30/24 | 17.99 |
3/31/24 | 17.63 |
12/31/23 | 17.03 |
6/30/24 | 12.92 |
3/31/24 | 12.65 |
12/31/23 | 12.07 |
6/30/24 | 1.93 |
3/31/24 | 1.66 |
12/31/23 | 1.77 |
6/30/24 | 1.93 |
3/31/24 | 1.66 |
12/31/23 | 1.77 |
6/30/24 | 12.98 |
3/31/24 | 12.54 |
12/31/23 | 12.03 |
6/30/24 | 12.98 |
3/31/24 | 12.54 |
12/31/23 | 12.03 |
6/30/24 | 16.67 |
3/31/24 | 16.09 |
12/31/23 | 15.47 |
6/30/24 | 134.40 |
3/31/24 | 129.98 |
12/31/23 | 126.53 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.27 |
3/31/24 | 0.21 |
12/31/23 | 0.22 |
6/30/24 | 21.20 |
3/31/24 | 17.50 |
12/31/23 | 17.94 |