Meritage Homes
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
55% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 49
33% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $11.4M
25% more capital invested
Capital invested by funds: $5.8B [Q2] → $7.25B (+$1.45B) [Q3]
7% more funds holding
Funds holding: 392 [Q2] → 418 (+26) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 150
1.27% less ownership
Funds ownership: 98.75% [Q2] → 97.48% (-1.27%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
39%
downside
Avg. target
$79
2%
downside
High target
$118
46%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Goldman Sachs Susan Maklari 43% 1-year accuracy 13 / 30 met price target | 24%upside $100 | Buy Maintained | 14 Jan 2025 |
UBS John Lovallo 52% 1-year accuracy 13 / 25 met price target | 46%upside $118 | Buy Maintained | 8 Jan 2025 |
JP Morgan Michael Rehaut 65% 1-year accuracy 11 / 17 met price target | 39%downside $49 | Neutral Downgraded | 13 Dec 2024 |
Keefe, Bruyette & Woods Jade Rahmani 47% 1-year accuracy 16 / 34 met price target | 39%downside $50 | Market Perform Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 5 articles about MTH published over the past 30 days
Positive
Forbes
6 days ago
5 Explosive Dividend Growers To Put On Your Radar In 2025
These five stocks may deliver big dividend raises. I'm talking potential payout hikes starting at 20%.
Positive
CNBC Television
1 week ago
Here's why Meritage Homes is top pick among homebuilders at UBS
John Novallo, senior homebuilder analyst at UBS, joins 'The Exchange' to discuss the impact of high rates on the housing market, his outlook for the homebuilders, and more.
Positive
Zacks Investment Research
1 week ago
Will Meritage (MTH) Beat Estimates Again in Its Next Earnings Report?
Meritage (MTH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
GlobeNewsWire
2 weeks ago
Meritage Homes Appoints Geisha Williams to its Board of Directors
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.
Positive
Zacks Investment Research
2 weeks ago
Here's Why Investors Must Retain Meritage Homes Stock for Now
MTH benefits from its focus on entry-level housing and efficient spec home strategy amid industry challenges.
Neutral
GlobeNewsWire
1 month ago
Meritage Homes Gives $3.3 Million In 2024 To Support Communities Nationwide
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 also contributed nearly $1.8 million to fund K-12 education opportunities in Arizona, Florida, and Georgia.
Neutral
Seeking Alpha
1 month ago
Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
I maintain a buy rating for Meritage Homes Corporation due to strong earnings growth outlook and favorable macro conditions, including tight housing supply and elevated mortgage rates. MTH's strategic focus on quick, move-in ready homes with a 60-day closing guarantee positions it well to capture demand in the current market. Risks include tighter regulations affecting home financing and supply chain pressures from increased new home construction.
Neutral
Schwab Network
1 month ago
RH Year-High Rally, COST Little Changed, Homebuilder Downgrades
Broadcom (AVGO) may have stolen the show with its earnings, but RH ushers a huge rally of its own with raised guidance despite a miss on earnings. Costco (COST) didn't shake a lot of ground in the market after reporting an earnings beat.
Neutral
GlobeNewsWire
1 month ago
Meritage Homes Fourth Quarter 2024 Earnings Conference Call and Webcast Scheduled for January 30, 2025
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.
Positive
CNBC Television
1 month ago
Meritage Homes CEO: We fill a void in housing market with move-in ready homes
Phillippe Lord, Meritage Homes CEO, joins CNBC's 'The Exchange' to discuss what to expect in the upcoming year for home building.
Charts implemented using Lightweight Charts™