Meritage Homes Corporation

MTH

US59001A1025

Homebuilding

Market Closed - Nyse Other stock markets 01:30:02 17/07/2024 am IST			5-day change	1st Jan Change
190.5 ^USD	+6.66%		+23.24%	+9.37%

15/07	Evercore ISI Raises Meritage Homes Price Target to $221 From $219, Maintains Outperform Rating	MT
11/07	Large Homebuilders Pose Second-Quarter Upside Potential Despite Negative Sentiment, UBS Says	MT

Meritage Homes Corporation Reports Earnings Results for the Full Year Ended December 31, 2021

January 27, 2022 at 03:00 am IST

Meritage Homes Corporation reported earnings results for the full year ended December 31, 2021. For the full year, the company reported revenue was USD 5,120.11 million compared to USD 4,482.12 million a year ago. Net income was USD 737.44 million compared to USD 423.48 million a year ago.

Basic earnings per share from continuing operations was USD 19.61 compared to USD 11.23 a year ago. Diluted earnings per share from continuing operations was USD 19.29 compared to USD 11 a year ago.

Latest news about Meritage Homes Corporation

Evercore ISI Raises Meritage Homes Price Target to $221 From $219, Maintains Outperform Rating	15/07	MT
Large Homebuilders Pose Second-Quarter Upside Potential Despite Negative Sentiment, UBS Says	12/07	MT
Inventory, Affordability Challenges May Weigh on New Home Sales, Wedbush Says	01/07	MT
Meritage Homes Corporation(NYSE:MTH) added to S&P Homebuilders Select Industry Index	24/06	CI
Meritage Homes Corporation Enters Tenth Amendment to Amended and Restated Credit Agreement	13/06	CI
Transcript : Meritage Homes Corporation - Analyst/Investor Day	12/06
Transcript : Meritage Homes Corporation - Analyst/Investor Day	20/05
Meritage Homes Maintains Quarterly Dividend at $0.75 Per Share, Payable June 28 to Shareholders of Record June 14	16/05	MT
Meritage Homes Corporation Announces Quarterly Cash Dividend, Payable on June 28, 2024	16/05	CI
Meritage Homes Completes $575 Million Debt Offering	10/05	MT
Keefe, Bruyette & Woods Adjusts Price Target on Meritage Homes to $195 From $180, Maintains Market Perform Rating	08/05	MT
UBS Adjusts Meritage Homes Price Target to $232 From $219, Maintains Buy Rating	26/04	MT
Transcript : Meritage Homes Corporation, Q1 2024 Earnings Call, Apr 25, 2024	25/04
Meritage Homes Q1 Earnings, Total Closing Revenue Rise; 2024 EPS Guidance Set; Shares Jump After Hours	25/04	MT
Earnings Flash (MTH) MERITAGE HOMES CORPORATION Reports Q1 EPS $5.06, vs. Street Est of $3.54	25/04	MT
Earnings Flash (MTH) MERITAGE HOMES CORPORATION Posts Q1 Revenue $1.47B	25/04	MT
(MTH) MERITAGE HOMES CORPORATION Sees Fiscal Year 2024 EPS Range $19.20 - $20.70	25/04	MT
Tranche Update on Meritage Homes Corporation's Equity Buyback Plan announced on February 14, 2019.	25/04	CI
Meritage Homes Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	25/04	CI
Meritage Homes Corporation Updates Earnings Guidance for the Full Year 2024	25/04	CI
Wedbush Downgrades Meritage Homes to Underperform From Neutral, Adjusts PT to $148 From $155; Says Could See Normal Seasonal Stock Price Decline Into Summer	02/04	MT
Meritage Homes and Trophy Signature Homes Announces Its Newest Development in Huffman, Texas	26/03	CI
Raymond Oppel to Retire from Meritage Homes Board of Directors, Effective May 16, 2024	15/03	CI
Meritage Homes Insider Sold Shares Worth $1,156,678, According to a Recent SEC Filing	06/03	MT
Meritage Homes Insider Sold Shares Worth $745,243, According to a Recent SEC Filing	06/03	MT

Chart Meritage Homes Corporation

Duration

Period

More charts

Company Profile

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.

Sector

Homebuilding

Calendar

25/07/2024 - Q2 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Meritage Homes Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

190.5 USD

Average target price

195.2 USD

Spread / Average Target

+2.44%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Residential Builders - Single Homes

	1st Jan change	Capi.
MERITAGE HOMES CORPORATION	+9.37%	648.77Cr
LENNAR CORPORATION	+13.81%	4.34TCr
NVR, INC.	+21.42%	2.53TCr
TRI POINTE HOMES, INC.	+25.45%	398.01Cr
M/I HOMES, INC.	+8.08%	381.34Cr
HOVNANIAN ENTERPRISES, INC.	+21.44%	96Cr
PT GOWA MAKASSAR TOURISM DEVELOPMENT TBK	+115.71%	32Cr
INVERSIONES CENTENARIO S.A.A.	+3.33%	24Cr
SMITH DOUGLAS HOMES CORP.	0.00%	21Cr
HUSCOMPAGNIET A/S	+20.00%	18Cr

Residential Builders - Single Homes