Core Insights - Meritage Homes published its 2023 ESG Report, highlighting its commitment to sustainability and social initiatives as a key aspect of its operations [1][3]. Environmental Initiatives - Delivered 13,308 ENERGY STAR® certified homes [4] - Reported an average HERS Index energy efficiency score of 52 [4] - Recognized as an eleven-time recipient of the U.S. Environmental Protection Agency's ENERGY STAR® Partner of the Year [4] Social Initiatives - Achieved Great Place to Work® Certified status for the first time [4] - Launched inaugural employee resource groups [4] - Received the Avid Cup – Production award for the third consecutive year, recognizing high customer satisfaction [4] - Earned the Hearthstone BUILDER Humanitarian Award for philanthropic efforts [4] Company Overview - Meritage Homes is the fifth-largest public homebuilder in the U.S., focusing on energy-efficient and affordable homes [6] - The company has delivered over 185,000 homes in its 38-year history and is recognized for quality construction and customer experience [7]

It has been about a month since the last earnings report for Meritage Homes (MTH) . Shares have lost about 0.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Meritage due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Meritage Homes Q2 Earnings & Revenues Top,'24 ...

Here is a stock with buy rank and strong income characteristics for investors to consider today, August 8th: Meritage Homes (MTH) : This company which is one of the leading designers and builders of single-family homes, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days. This Zacks Rank #1 (Strong Buy) company has a dividend yield of 1.7%, compared with the industry average of 0.0%. See the full list of top ranked stocks here. Find more top income ...

To further its commitment to its employees, Meritage recently launched the Meritage Cares Assistance Fund. The program is an employer-sponsored relief fund providing tax-advantaged financial assistance to eligible employees for financial hardship due to military deployment, serious illness or injury, or damage of a primary residence from a natural disaster, among others. The Company is currently working to aid employees impacted by Hurricane Beryl. Meritage also established three employee resource groups in ...

To further its commitment to its employees, Meritage recently launched the Meritage Cares Assistance Fund. The program is an employer-sponsored relief fund providing tax-advantaged financial assistance to eligible employees for financial hardship due to military deployment, serious illness or injury, or damage of a primary residence from a natural disaster, among others. The Company is currently working to aid employees impacted by Hurricane Beryl. Meritage also established three employee resource groups in ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Meritage Homes Corporation (Exact Name of Registrant as Specified in its Charter) Maryland 86-0611231 (State or Other Jurisdiction of Incorporation or Organization) (IRS Employer Identification No.) 18655 North Claret Drive, Suite 400, Scottsdale, Arizona 85255 (Address of Principal Executive Offices) (Zip Code) (480) 515-8100 (Registrant's telephone number, including area code) N/A (Former Name, Former Address and Former Fiscal Year, if Changed Sinc ...

View all Key Company Metrics for Meritage here>>> For the quarter ended June 2024, Meritage Homes (MTH) reported revenue of $1.69 billion, up 8.1% over the same period last year. EPS came in at $6.31, compared to $5.02 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.58 billion, representing a surprise of +7.53%. The company delivered an EPS surprise of +22.05%, with the consensus EPS estimate being $5.17. While investors scrutinize revenue and earnings changes ye ...

Meritage Homes (MTH) came out with quarterly earnings of $6.31 per share, beating the Zacks Consensus Estimate of $5.17 per share. This compares to earnings of $5.02 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Meritage shares have added about 13.5% since the beginning of the year versus the S&P 500's gain of 16.5%. There are no easy answers to this key question, but one reliable measure t ...

Exhibit 99.1 Contacts: Emily Tadano, VP Investor Relations and ESG (480) 515-8979 (office) investors@meritagehomes.com Meritage Homes reports second quarter 2024 results 18% increase in home closings year-over-year, home closing gross margin of 25.9% and a 26% increase in diluted EPS SCOTTSDALE, Ariz., July 24, 2024 - Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported second quarter results for the period ended June 30, 2024. | (Dollars in thousands, except per share amount ...

Meritage Homes' earnings beat the consensus mark in 22 of the trailing 23 quarters. The Zacks Consensus Estimate for second-quarter 2024 earnings per share (EPS) increased to $5.17 from $5.06 in the past 30 days. The said figure indicates a 3% increase from the year-ago level of $5.02 per share. Factors to Note The company expects home closing to be in the range of 3,600-3,800 units in the to-be-reported quarter, up from 3,490 units reported a year ago. Also, home closing revenues are anticipated to be in t ...