Meritage Homes Stock (NYSE:MTH)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$64.07

52W Range

$59.27 - $106.99

50D Avg

$71.45

200D Avg

$85.91

Market Cap

$4.51B

Avg Vol (3M)

$980.57K

Beta

1.70

Div Yield

$1.55 (2.47%)

MTH Company Profile


Meritage Homes Corporation, together with its subsidiaries, 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.

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Industry

Residential Construction

Sector

Consumer Cyclical

Exchange

NYSE

ADR

-

Country

US

Employees

1,898

IPO Date

Jul 26, 1988

Website

MTH Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Land$22.33M$56.23M$61.23M
Home Building$6.34B$6.06B$6.21B
Real Estate$6.36B$6.11B$6.27B
Financial Service$31.16M$25.25M$23.48M

Fiscal year ends in Dec 24 | Currency in USD

MTH Financial Summary


Dec 24Dec 23Dec 22
Revenue$6.36B$6.14B$6.30B
Operating Income$1.35B$902.39M$1.29B
Net Income$786.19M$738.75M$992.19M
EBITDA$1.03B$972.93M$1.31B
Basic EPS$10.85$20.17$27.04
Diluted EPS$10.72$19.93$26.74

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Jan 30, 25 | 10:00 AM
Q3 24Oct 30, 24 | 11:00 AM
Q2 24Jul 25, 24 | 11:00 AM

Peer Comparison


TickerCompany
TPHTri Pointe Homes, Inc.
LGIHLGI Homes, Inc.
KBHKB Home
TMHCTaylor Morrison Home Corporation
BZHBeazer Homes USA, Inc.
MHOM/I Homes, Inc.
CCSCentury Communities, Inc.
HOVHovnanian Enterprises, Inc.