Meritage Homes Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals

Scottsdale, ariz., may 07, 2024 (globe newswire) -- meritage homes corporation (nyse: mth, “meritage” or the “company”), the fifth-largest homebuilder in the u.s., today announced the pricing of $500 million aggregate principal amount of its 1.75% convertible senior notes due 2028 (the “notes”). the company also granted the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes. the sale of the notes is expected to settle on may 9, 2024, subject to customary closing conditions, and is expected to result in approximately $484.8 million (or approximately $557.8 million if the initial purchasers exercise their option to purchase additional notes in full) in net proceeds to meritage after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by meritage.

Scottsdale, ariz., may 06, 2024 (globe newswire) -- meritage homes corporation (nyse: mth, “meritage” or the “company”), the fifth-largest homebuilder in the u.s., today announced that it has commenced an offering of $500 million aggregate principal amount of its convertible senior notes due 2028 (the “notes”), subject to market and other conditions. the company also expects to grant the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes.

Scottsdale, ariz., may 01, 2024 (globe newswire) -- meritage homes corporation (nyse: mth, “meritage” or the “company”), the fifth-largest homebuilder in the u.s., today announced that it will host a two-part series of investor day webcast calls with phillippe lord, chief executive officer of meritage homes, and hilla sferruzza, chief financial officer of meritage homes. each call will be different and distinct in its coverage of key strategic topics for the company, including the introduction to a new business model, long-term targets, land financing updates and capital allocation. the two calls will conclude with a question-and-answer session from both the guest host and the live audience.

Record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted eps record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted eps

Scottsdale, ariz., march 28, 2024 (globe newswire) -- meritage homes corporation (nyse: mth), the fifth largest public homebuilder in the u.s., plans to release the company's first quarter 2024 results on wednesday, april 24, 2024 after the market closes. management will host a conference call to discuss the results at 8:30 a.m. pacific time (11:30 a.m. eastern time) on thursday, april 25, 2024.

Does Meritage Homes (MTH) have what it takes to be a top stock pick for momentum investors? Let's find out.

SCOTTSDALE, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it will host a two-part series of investor day webcast calls with Phillippe Lord, chief executive officer of Meritage Homes, and Hilla Sferruzza, chief financial officer of Meritage Homes. Each call will be different and distinct in its coverage of key strategic topics for the Company, including the introduction to a new business model, long-term targets, land financing updates and capital allocation. The two calls will conclude with a question-and-answer session from both the guest host and the live audience.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Meritage (MTH) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Meritage Homes Corporation (NYSE:MTH ) Q1 2024 Earnings Conference Call April 25, 2024 11:30 AM ET Company Participants Emily Tadano - Vice President of Investor Relations and ESG Steven Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - Zelman & Associates Michael Rehaut - JPMorgan John Lovallo - UBS Susan Maklari - Goldman Sachs Alex Barron - Housing Research Center Jay McCanless - Wedbush Securities Kenneth Zener - Seaport Research Partners Operator Hello, and welcome to the Meritage Homes First Quarter 2024 Analyst Call. [Operator Instructions] As a reminder, this conference is being recorded.

Meritage Homes' (MTH) first-quarter results reflect strong closing, orders and backlog.

While the top- and bottom-line numbers for Meritage (MTH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Although current expectations indicate that U.S. interest rates may not decrease significantly soon, there's skepticism about maintaining high rates over an extended period. If interest rates eventually decrease, financing for new homes would become cheaper, stimulating demand for home purchases and, thus, homebuilder stocks.

Meritage Homes: An Upgrade Heading Into Earnings On Strong Orders

Meritage (MTH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.