We originally made Meritage Homes (NYSE: MTH ) a Long Idea in June 2020 and reiterated our bullish thesis on the stock many times since. With the stock down ~15% year-to-date (YTD), we think shares have only gotten more attractive.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...

New home being built with wood plank, trusses and assorted suppliesgettyI originally made Meritage Homes (MTH) a Long Idea in June 2020 and reiterated my bullish thesis on the stock many times since.Meritage Homes, is steadily taking market share, building and delivering homes faster, all the while returning capital to shareholders through dividends and repurchases. Despite an uncertain housing outlook in the short-term, my thesis remains intact, and the stock remains undervalued.MTH offers favorable Risk/R ...

Investors in Meritage Homes Corporation (MTH) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 20, 2025 $50.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It c ...

The homebuilder’s 12th year partnering with Operation Homefront’s Permanent Homes for Veterans programSCOTTSDALE, Ariz., May 20, 2025 (GLOBE NEWSWIRE) -- Meritage Homes has extended its partnership with Operation Homefront’s Permanent Homes for Veterans Program to donate two brand new, mortgage-free homes for veteran families in Colorado Springs, Colorado and Raleigh, North Carolina. This marks the Company’s 12th year partnering with the organization and 22 total donations to date. “We are honored to delive ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-9977 Meritage Homes Corporation (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporati ...

Meritage Homes (MTH) Q1 2025 Earnings Call April 25, 2025 12:50 AM ET Company Participants Emily Tadano - VP - IRSteven Hilton - Executive Chairman of the BoardPhillippe Lord - CEOHilla Sferruzza - CFO & Executive VPAlan Ratner - Managing DirectorStephen Kim - Senior Managing DirectorMichael Rehaut - Executive DirectorTrevor Allinson - Director - Equity ResearchCarl Reichardt - Managing Director - Equity ResearchAlex Barron - President & Founder Conference Call Participants Charles Perron-Piché - AnalystJoh ...

Meritage Homes Corporation (NYSE:MTH) Q1 2025 Results Conference Call April 24, 2025 11:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations and ESG Steve Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore Michael Rehaut - JPMorgan Trevor Allinson - Wolfe Research John Lovallo - UBS Carl Reichardt - BTIG Alex Barron - Housing Research Center ...

Meritage Homes Corporation (MTH) reported first-quarter 2025 results, wherein earnings missed the Zacks Consensus Estimate, but total closing revenues topped the same. Revenues beat the consensus estimate for the tenth consecutive quarter.Meritage Homes kicked off 2025 on solid footing, selling nearly 3,900 homes in the first quarter, even as the housing market faced headwinds. Executive chairman, Steven J. Hilton, attributed the strong performance to favorable housing demographics and a persistent shortage ...

For the quarter ended March 2025, Meritage Homes (MTH) reported revenue of $1.36 billion, down 7.6% over the same period last year. EPS came in at $1.69, compared to $2.53 in the year-ago quarter.The reported revenue represents a surprise of +1.53% over the Zacks Consensus Estimate of $1.34 billion. With the consensus EPS estimate being $1.71, the EPS surprise was -1.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

收入和利润（同比环比） - 2025年第一季度房屋交付3416套，同比减少3%，房屋交付收入13.42亿美元，同比减少8%[4] - 2025年第一季度房屋订单3876套，同比减少3%，订单价值15.58亿美元，同比减少4%[4] - 2025年第一季度末积压订单2004套，同比减少34%，积压订单价值8.12亿美元，同比减少35%[4] - 2025年第一季度净收益为122,806千美元，2024年同期为186,016千美元[21] - 2025年第一季度房屋交付总数为3,416套，价值1,342,104千美元；2024年同期为3,507套，价值1,466,096千美元[23] - 2025年第一季度房屋订单总数为3,876套，价值1,558,177千美元；2024年同期为3,991套，价值1,631,195千美元[23] - 2025年第一季度末订单积压总数为2,004套，价值812,358千美元；2024年同期为3,033套，价值1,244,257千美元[23] 成本和费用（同比环比） - 2025年第一季度土地收购和开发支出4.65亿美元，2024年同期为3.63亿美元[10] 其他财务数据 - 2025年第一季度末公司现金及现金等价物达10.12亿美元，较2024年12月31日的6.52亿美元有所增加[10][18] - 2025年3月31日，债务与资本比率和净债务与资本比率分别为26.1%和13.7%，2024年12月31日分别为20.6%和11.7%[10] - 2025年第一季度公司宣布并支付季度现金股息每股0.43美元，共计3100万美元，2024年同期为每股0.375美元，共计2700万美元[10] - 2025年第一季度经营活动净现金使用为42,576千美元，2024年同期提供81,930千美元[21] - 2025年第一季度投资活动净现金使用为11,413千美元，2024年同期为7,765千美元[21] - 2025年第一季度融资活动净现金提供为414,086千美元，2024年同期使用90,094千美元[21] - 2025年第一季度末现金及现金等价物为1,011,652千美元，2024年同期为905,298千美元[21] - 2025年3月31日债务与资本比率为26.1%，2024年12月31日为20.6%[28] - 2025年3月31日净债务与资本比率为13.7%，2024年12月31日为11.7%[28] 管理层讨论和指引 - 公司重申2025年全年房屋交付量指导为16250 - 16750套，房屋交付收入指导为66 - 69亿美元[12] 其他没有覆盖的重要内容 - 截至2025年3月31日，公司拥有或控制约84200块土地，较2024年3月31日的约66400块有所增加[10] - 2025年第一季度末社区数量为290个，2024年3月31日为275个，2024年12月31日为292个[10]