Meritage Homes Stock (NYSE:MTH)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$180.85

52W Range

$137.70 - $213.98

50D Avg

$194.40

200D Avg

$176.33

Market Cap

$6.44B

Avg Vol (3M)

$374.80K

Beta

1.82

Div Yield

$3.00 (1.42%)

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

1,838

IPO Date

Jul 26, 1988

Website

MTH Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Land$56.23M$61.23M$25.24M
Real Estate$6.11B$6.27B$5.12B
Financial Service$25.25M$23.48M$21.21M
Home Building$6.06B$6.21B$5.09B

Fiscal year ends in Dec 23 | Currency in USD

MTH Financial Summary


Dec 23Dec 22Dec 21
Revenue$6.14B$6.30B$5.15B
Operating Income$1.27B$1.29B$973.34M
Net Income$738.75M$992.19M$737.44M
EBITDA$975.67M$1.31B$999.59M
Basic EPS$20.17$26.31$19.61
Diluted EPS$19.93$26.31$19.29

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 30, 24 | 12:57 PM
Q2 24Jul 25, 24 | 3:14 PM
Q1 24Apr 25, 24 | 12:00 AM

Peer Comparison


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