Meritage Homes Corporation (MTH) reported third-quarter 2024 results, wherein earnings and total closing revenues topped the Zacks Consensus Estimate but declined year over year. This is the seventh consecutive quarter of earnings and revenues beat. Shares of this Scottsdale, AZ-based homebuilder lost 0.6% in the after-hour trading session on Oct. 29. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Meritage Homes' third-quarter results highlight a strategic shift to affordable, qui ...

SCOTTSDALE, Ariz., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifthlargest public homebuilder in the U.S., today announced its entry into the Gulf Coast markets through the acquisition of the assets of Elliott Homes. Elliott Homes ("Elliott") is a top five Gulf Coast homebuilder with operations in Mississippi, Alabama and the Florida panhandle. With this acquisition, Meritage will acquire over 5,500 lots and expects to commence production operations in existing entry-level communities ...

Meritage Homes (MTH) came out with quarterly earnings of $5.34 per share, beating the Zacks Consensus Estimate of $5.05 per share. This compares to earnings of $5.98 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.74%. A quarter ago, it was expected that this homebuilder would post earnings of $5.17 per share when it actually produced earnings of $6.31, delivering a surprise of 22.05%. Over the last four quarters, the compa ...

Exhibit 99.1 Contacts: Emily Tadano, VP Investor Relations and ESG (480) 515-8979 (office) investors@meritagehomes.com Meritage Homes reports third quarter 2024 results 8% year-over-year increase in home closings and record 145% backlog conversion SCOTTSDALE, Ariz., October 29, 2024 - Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported third quarter results for the period ended September 30, 2024. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------- ...

SCOTTSDALE, Ariz., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported third quarter results for the period ended September 30, 2024. Summary Operating Results (unaudited) (Dollars in thousands, except per share amounts) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------|---------------|-----------------------------------------|-------|-------|---------------|----------------------------------------|--- ...

SCOTTSDALE, Ariz., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifthlargest public homebuilder in the U.S., today announced the appointment of Erin Lantz as an independent director to its Board of Directors, effective October 14, 2024. Her appointment demonstrates the Company's commitment to ongoing board refreshment as it increases its size to 11 directors. The Board plans to consider Ms. Lantz for appointment to one or more board committees over the course of the next several regularl ...

For a few years now, I've been very interested in the homebuilding market. The idea that a return to low interest rates any positive impact that should have on housing demand, as well as the fact that the US has Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P ...

Have you been paying attention to shares of Meritage Homes (MTH) ? Shares have been on the move with the stock up 4.3% over the past month. The stock hit a new 52-week high of $211.01 in the previous session. Meritage Homes has gained 16.3% since the start of the year compared to the 21.2% move for the Zacks Construction sector and the 29.4% return for the Zacks Building Products - Home Builders industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, a ...

SCOTTSDALE, Ariz., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's third quarter 2024 results on Tuesday, October 29, 2024 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) on Wednesday, October 30, 2024. To listen, please go to Meritage's Investor Relations page for the live webcast or dial in to 1-877-407-6951 U ...

SCOTTSDALE, Ariz., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Our military members and their families work tirelessly to protect the freedoms we enjoy daily, and the transition to civilian life for veterans is not always easy. Today Meritage Homes and Operation Homefront announce the selection of two veterans who will receive brand new mortgage-free energy-efficient homes near Austin, TX and Charlotte, NC. They will be presented the keys during a ceremony in November in celebration of Veterans Day and Military Appr ...