Meritage Homes
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
12% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $10.1M
7% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 136
0.39% more ownership
Funds ownership: 97.47% [Q3] → 97.86% (+0.39%) [Q4]
6% less funds holding
Funds holding: 418 [Q3] → 391 (-27) [Q4]
25% less capital invested
Capital invested by funds: $7.25B [Q3] → $5.41B (-$1.84B) [Q4]
26% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 82
75% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 1 (-3) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$70
1%
downside
Avg. target
$95
33%
upside
High target
$118
66%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Seaport Global Kenneth Zener 58% 1-year accuracy 7 / 12 met price target | 1%downside $70 | Neutral Upgraded | 6 Mar 2025 |
Keefe, Bruyette & Woods Jade Rahmani 42% 1-year accuracy 14 / 33 met price target | 27%upside $90 | Market Perform Maintained | 6 Feb 2025 |
Goldman Sachs Susan Maklari 12% 1-year accuracy 3 / 25 met price target | 41%upside $100 | Buy Maintained | 14 Jan 2025 |
UBS John Lovallo 4% 1-year accuracy 1 / 28 met price target | 66%upside $118 | Buy Maintained | 8 Jan 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
Meritage Homes First Quarter 2025 Earnings Conference Call and Webcast Scheduled for April 24, 2025
SCOTTSDALE, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2025 results on Wednesday, April 23, 2025 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Standard Time (11:00 a.m. Eastern Standard Time) on Thursday, April 24, 2025.
Neutral
GlobeNewsWire
1 month ago
Meritage Homes Announces Pricing of $500 Million of 5.650% Senior Notes Due 2035
SCOTTSDALE, Ariz., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”) announced today that it has priced a registered underwritten public offering of $500 million aggregate principal amount of 5.650% Senior Notes due 2035 (the “senior notes”). The senior notes will pay interest semi-annually at a rate of 5.650% per year and will mature on March 15, 2035. The closing of the offering is expected to occur on March 6, 2025, subject to the satisfaction of customary closing conditions. Meritage intends to use the net proceeds of the offering for general corporate purposes.
Positive
The Motley Fool
1 month ago
2 Recent Stock Splits You've Never Heard of That Certain Wall Street Analysts Think Could Soar 39% and 62%
Stock splits can be undertaken for several reasons. They can bring a stock's price down to make it more affordable for a wider range of investors.
Neutral
GlobeNewsWire
1 month ago
Meritage Homes Increases Quarterly Cash Dividend and Renews Programmatic Share Repurchase Strategy
SCOTTSDALE, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly cash dividend of $0.43 per share.
Positive
Seeking Alpha
1 month ago
Meritage Homes: Strong Execution And Resilient Demand Fuel Growth
MTH's strong order growth and record backlog conversion demonstrate robust demand, despite a tough macro backdrop and high mortgage rates. Management's conservative FY25 guidance sets the stage for potential outperformance, aligning with MTH's historical trend of beating expectations. MTH's quick move-in strategy and aggressive land acquisitions position it well for future growth, particularly in high-demand entry-level segments.
Neutral
Seeking Alpha
1 month ago
Meritage Homes Corporation (MTH) Q4 2024 Earnings Call Transcript
Meritage Homes Corporation (NYSE:MTH ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 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 Michael Rehaut - JPMorgan Alan Ratner - Zelman & Associates John Lovallo - UBS Trevor Allinson - Wolfe Research Stephen Kim - Evercore Carl Reichardt - BTIG Susan Maklari - Goldman Sachs Alex Barron - Housing Research Center Jade Rahmani - KBW Operator Greetings. Welcome to the Meritage Homes Fourth Quarter 2024 Analyst Call.
Positive
Zacks Investment Research
2 months ago
Meritage Homes' Q4 Earnings & Revenues Surpass Estimates
MTH's fourth-quarter 2024 results are backed by its strategy of readily delivering quick-turning, affordable move-in-ready homes and operational efficiency.
Positive
Zacks Investment Research
2 months ago
Meritage (MTH) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Meritage (MTH) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
2 months ago
Meritage Homes (MTH) Q4 Earnings and Revenues Top Estimates
Meritage Homes (MTH) came out with quarterly earnings of $4.72 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2.69 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Meritage Homes reports fourth quarter 2024 results
SCOTTSDALE, Ariz., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced fourth quarter and full year results for the periods ended December 31, 2024.
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