Meritage Homes Corporation designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
IPO Year:
Exchange: NYSE
Website: meritagehomes.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/5/2025 | $82.00 | Buy | BofA Securities |
| 3/6/2025 | $70.00 | Sell → Neutral | Seaport Research Partners |
| 12/13/2024 | $220.00 → $197.00 | Overweight → Neutral | Analyst |
| 11/7/2024 | Outperform → Mkt Perform | Raymond James | |
| 10/31/2024 | $205.00 → $235.00 | Neutral → Buy | Goldman |
| 10/15/2024 | $160.00 → $195.00 | Underperform → Neutral | Wedbush |
| 8/14/2024 | $230.00 | Peer Perform → Outperform | Wolfe Research |
| 8/5/2024 | $153.00 | Neutral → Sell | Seaport Research Partners |
| 7/24/2024 | $220.00 | Outperform | Raymond James |
| 4/2/2024 | $155.00 → $148.00 | Neutral → Underperform | Wedbush |
8-K - Meritage Homes CORP (0000833079) (Filer)
8-K - Meritage Homes CORP (0000833079) (Filer)
SCHEDULE 13G - Meritage Homes CORP (0000833079) (Subject)
10-Q - Meritage Homes CORP (0000833079) (Filer)
8-K - Meritage Homes CORP (0000833079) (Filer)
DEFA14A - Meritage Homes CORP (0000833079) (Filer)
DEF 14A - Meritage Homes CORP (0000833079) (Filer)
PRE 14A - Meritage Homes CORP (0000833079) (Filer)
8-K - Meritage Homes CORP (0000833079) (Filer)
8-K - Meritage Homes CORP (0000833079) (Filer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
BofA Securities initiated coverage of Meritage with a rating of Buy and set a new price target of $82.00
Seaport Research Partners upgraded Meritage from Sell to Neutral and set a new price target of $70.00
Analyst downgraded Meritage from Overweight to Neutral and set a new price target of $197.00 from $220.00 previously
Raymond James downgraded Meritage from Outperform to Mkt Perform
Goldman upgraded Meritage from Neutral to Buy and set a new price target of $235.00 from $205.00 previously
Wedbush upgraded Meritage from Underperform to Neutral and set a new price target of $195.00 from $160.00 previously
Wolfe Research upgraded Meritage from Peer Perform to Outperform and set a new price target of $230.00
Seaport Research Partners downgraded Meritage from Neutral to Sell and set a new price target of $153.00
Raymond James initiated coverage of Meritage with a rating of Outperform and set a new price target of $220.00
Wedbush downgraded Meritage from Neutral to Underperform and set a new price target of $148.00 from $155.00 previously
SCOTTSDALE, Ariz., May 22, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.43 per share. This dividend is payable on June 30, 2025 to shareholders of record as of the close of trading on June 16, 2025. About Meritage Homes Corporation Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2024. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Ge
SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2025. Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts) Three Months Ended March 31, 2025 2024 % ChgHomes closed (units) 3,416 3,507 (3)%Home closing revenue$1,342,104 $1,466,096 (8)%Average sales price — closings$393 $418 (6)%Home orders (units) 3,876 3,991 (3)%Home order value$1,558,177 $1,631,195 (4)%Average sales price — orders$402 $409 (2)%Ending backlog (units) 2,004 3,033 (34)%Ending backlog value$812,358 $1,244,257 (35)%Average sales price — backlog$
SCOTTSDALE, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2025 results on Wednesday, April 23, 2025 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Standard Time (11:00 a.m. Eastern Standard Time) on Thursday, April 24, 2025. To listen, please go to Meritage's Investor Relations page for the live webcast or dial in to 1-877-407-6951 U.S. toll free or 1-412-902-0046. A replay will be available on the Investor Relations page. About Meritage Homes Corporation Meritage is the fifth-largest public homeb
SCOTTSDALE, Ariz., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")) announced today that it has priced a registered underwritten public offering of $500 million aggregate principal amount of 5.650% Senior Notes due 2035 (the "senior notes"). The senior notes will pay interest semi-annually at a rate of 5.650% per year and will mature on March 15, 2035. The closing of the offering is expected to occur on March 6, 2025, subject to the satisfaction of customary closing conditions. Meritage intends to use the net proceeds of the offering for general corporate purposes. J.P. Morgan Securities LLC, BofA Securities, Inc., Goldman Sachs & Co. L
SCOTTSDALE, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")), the fifth-largest public homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly cash dividend of $0.43 per share. This quarterly cash dividend is payable on March 31, 2025 to shareholders of record as of the close of trading on March 17, 2025. This compares to a quarterly cash dividend of $0.375 per share in 2024, which reflects the two-for-one stock split that was completed on January 2, 2025. Additionally, Meritage has renewed its programmatic share repurchase of $15 million during each quarter of 2025 while continuing to be opp
SCOTTSDALE, Ariz., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder, today announced fourth quarter and full year results for the periods ended December 31, 2024. Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 % Chg 2024 2023 % ChgHomes closed (units) 4,044 3,951 2% 15,611 13,976 12%Home closing revenue$1,595,928 $1,641,523 (3)% $6,341,546 $6,056,784 5%Average sales price - closings$395 $415 (5)% $406 $433 (6)%Home orders (units) 3,304 2,892 14% 14,606 13,193 11%Home order value$1,320,447 $1,198,744 10% $5,950,708
SCOTTSDALE, Ariz., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Geisha Williams as an independent director to its Board of Directors, effective immediately. Her appointment demonstrates the Company's commitment to ongoing board refreshment and increased diversity as it increases its size to 12 directors. The Board plans to consider Ms. Williams for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Ms. Williams brings over three decades of experience in the energy industry to the Meritage Board, culminating with her role as t
SCOTTSDALE, Ariz., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth-largest public homebuilder in the U.S., continues to live up to its brand promise of a Life.Built.Better.® in 2024 by contributing $3.3 million and sponsoring numerous community volunteer events throughout its geographic footprint. During the year, the homebuilder donated $1.5 million mainly through Meritage Cares, its philanthropic foundation, as well as additional in-kind donations to help combat food insecurity, support tree planting efforts, fund education and career development initiatives, assist military veterans and their families, and improve affordable housing supply. The Company
SCOTTSDALE, Ariz., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's fourth quarter 2024 results on Wednesday, January 29, 2025 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Mountain Standard Time (10:00 a.m. Eastern Standard Time) on Thursday, January 30, 2025. To listen, please go to Meritage's Investor Relations page for the live webcast or dial in to 1-877-407-6951 U.S. toll free or 1-412-902-0046. A replay will be available on the Investor Relations page. About MeritageMeritage is the fifth-largest public homebuilder in the Uni
SCOTTSDALE, Ariz., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a two-for-one stock split of Meritage's common stock in the form of a stock dividend. Each stockholder of record at the close of business on December 31, 2024 will receive one additional share of common stock for each share of common stock held, payable after the close of market on January 2, 2025. Trading will begin on a split-adjusted basis on January 3, 2025. About Meritage Homes Corporation Meritage is the fifth-largest public homebuilder in the United State
4 - Meritage Homes CORP (0000833079) (Issuer)
4 - Meritage Homes CORP (0000833079) (Issuer)
SC 13G/A - Meritage Homes CORP (0000833079) (Subject)
SC 13G/A - Meritage Homes CORP (0000833079) (Subject)
SC 13G/A - Meritage Homes CORP (0000833079) (Subject)
SC 13G/A - Meritage Homes CORP (0000833079) (Subject)
SC 13G/A - Meritage Homes CORP (0000833079) (Subject)
SC 13G/A - Meritage Homes CORP (0000833079) (Subject)
SC 13G/A - Meritage Homes CORP (0000833079) (Subject)
SCOTTSDALE, Ariz., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Geisha Williams as an independent director to its Board of Directors, effective immediately. Her appointment demonstrates the Company's commitment to ongoing board refreshment and increased diversity as it increases its size to 12 directors. The Board plans to consider Ms. Williams for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Ms. Williams brings over three decades of experience in the energy industry to the Meritage Board, culminating with her role as t
SCOTTSDALE, Ariz., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Erin Lantz as an independent director to its Board of Directors, effective October 14, 2024. Her appointment demonstrates the Company's commitment to ongoing board refreshment as it increases its size to 11 directors. The Board plans to consider Ms. Lantz for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Ms. Lantz brings to the Meritage Board over 20 years of leadership experience and extensive knowledge in technology-related offerings. She currently serves
SCOTTSDALE, Ariz., June 18, 2024 (GLOBE NEWSWIRE) -- Meritage Homes, the fifth largest public homebuilder in the U.S., is pleased to share recent national accolades recognizing its commitment to energy efficiency, customer service excellence, and philanthropic efforts. ENERGY STAR® PARTNER of the Year – Sustained Excellence Award Meritage has been named an ENERGY STAR Partner of the Year by the Environmental Protection Agency (EPA) 11 times for its continued leadership in the energy-efficient homebuilding industry. The Company has completed over 126,000 ENERGY STAR certified homes since committing to build 100% energy-efficient homes in 2009. Meritage also received the EPA's ENERGY
SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process. His appointment brings the Board of Directors to a total of 12. The Board plans to consider Mr. Arriola for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Mr. Arriola currently serves as an Operating Partner at Sandbrook Capital, a private equity firm focused on transforming energy infrastructure investments. Previously, he was the chief executi
SCOTTSDALE, Ariz., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), a leading U.S. homebuilder, announced the appointment of Louis E. Caldera to its Board of Directors as an independent director. His appointment brings the Board of Directors to a total of 11. The Board plans to consider Mr. Caldera for appointment to one or more board committees over the course of the next several regularly scheduled Board meetings. Mr. Caldera, a private investor and consultant, brings to the Meritage Board a rich background spanning leadership positions in higher education, military, and public service. Mr. Caldera served as Secretary of the Army under the Clinton administration and as Direc
Footprint, Inc., a global materials science technology company focused on creating a healthier planet, announced today it has appointed Hilla Sferruzza as an independent member of its board of directors. Sferruzza has been the chief financial officer and executive VP for Meritage Homes Corporation (NYSE:MTH) since 2016 and its chief accounting officer and SVP, corporate controller since 2008. Prior to Meritage, she served in various management roles at Starwood Hotels and Resorts Worldwide, Inc. (NYSE:HOT), subsequently acquired by Marriott International, and as a public auditor for KPMG. This press release features multimedia. View the full release here: https://www.businesswire.com/news/h
SCOTTSDALE, Ariz., May 22, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.43 per share. This dividend is payable on June 30, 2025 to shareholders of record as of the close of trading on June 16, 2025. About Meritage Homes Corporation Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2024. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Ge
SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2025. Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts) Three Months Ended March 31, 2025 2024 % ChgHomes closed (units) 3,416 3,507 (3)%Home closing revenue$1,342,104 $1,466,096 (8)%Average sales price — closings$393 $418 (6)%Home orders (units) 3,876 3,991 (3)%Home order value$1,558,177 $1,631,195 (4)%Average sales price — orders$402 $409 (2)%Ending backlog (units) 2,004 3,033 (34)%Ending backlog value$812,358 $1,244,257 (35)%Average sales price — backlog$
SCOTTSDALE, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2025 results on Wednesday, April 23, 2025 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Standard Time (11:00 a.m. Eastern Standard Time) on Thursday, April 24, 2025. To listen, please go to Meritage's Investor Relations page for the live webcast or dial in to 1-877-407-6951 U.S. toll free or 1-412-902-0046. A replay will be available on the Investor Relations page. About Meritage Homes Corporation Meritage is the fifth-largest public homeb
SCOTTSDALE, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")), the fifth-largest public homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly cash dividend of $0.43 per share. This quarterly cash dividend is payable on March 31, 2025 to shareholders of record as of the close of trading on March 17, 2025. This compares to a quarterly cash dividend of $0.375 per share in 2024, which reflects the two-for-one stock split that was completed on January 2, 2025. Additionally, Meritage has renewed its programmatic share repurchase of $15 million during each quarter of 2025 while continuing to be opp
SCOTTSDALE, Ariz., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder, today announced fourth quarter and full year results for the periods ended December 31, 2024. Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 % Chg 2024 2023 % ChgHomes closed (units) 4,044 3,951 2% 15,611 13,976 12%Home closing revenue$1,595,928 $1,641,523 (3)% $6,341,546 $6,056,784 5%Average sales price - closings$395 $415 (5)% $406 $433 (6)%Home orders (units) 3,304 2,892 14% 14,606 13,193 11%Home order value$1,320,447 $1,198,744 10% $5,950,708
SCOTTSDALE, Ariz., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's fourth quarter 2024 results on Wednesday, January 29, 2025 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Mountain Standard Time (10:00 a.m. Eastern Standard Time) on Thursday, January 30, 2025. To listen, please go to Meritage's Investor Relations page for the live webcast or dial in to 1-877-407-6951 U.S. toll free or 1-412-902-0046. A replay will be available on the Investor Relations page. About MeritageMeritage is the fifth-largest public homebuilder in the Uni
SCOTTSDALE, Ariz., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a two-for-one stock split of Meritage's common stock in the form of a stock dividend. Each stockholder of record at the close of business on December 31, 2024 will receive one additional share of common stock for each share of common stock held, payable after the close of market on January 2, 2025. Trading will begin on a split-adjusted basis on January 3, 2025. About Meritage Homes Corporation Meritage is the fifth-largest public homebuilder in the United State
SCOTTSDALE, Ariz., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH, "Meritage" or the "Company")), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share. This dividend is payable on December 31, 2024 to shareholders of record as of the close of trading on December 17, 2024. Meritage also announced that its Board of Directors has approved a $250 million increase to the Company's share repurchase authorization. This increase combined with $15 million in systematic buybacks on a quarter to date basis brings the Company's total authorized share repurchase program to $334 million as of
SCOTTSDALE, Ariz., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth-largest U.S. homebuilder, reported third quarter results for the period ended September 30, 2024. Summary Operating Results (unaudited) (Dollars in thousands, except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 % Chg 2024 2023 % ChgHomes closed (units) 3,942 3,638 8% 11,567 10,025 15%Home closing revenue$1,585,784 $1,610,317 (2)% $4,745,618 $4,415,261 7%Average sales price — closings$402 $443 (9)% $410 $440 (7)%Home orders (units) 3,512 3,474 1% 11,302 10,301 10%H
SCOTTSDALE, Ariz., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's third quarter 2024 results on Tuesday, October 29, 2024 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) on Wednesday, October 30, 2024. To listen, please go to Meritage's Investor Relations page for the live webcast or dial in to 1-877-407-6951 U.S. toll free or 1-412-902-0046. A replay will be available on the Investor Relations page. About Meritage Meritage Homes is the fifth-largest public homebuilder in the United States,