Meritage Homes: Attractive Valuation As Green Shoots Begin To Emerge (NYSE:MTH)

Core Viewpoint - Meritage Homes (MTH) is currently experiencing challenges due to a difficult macroeconomic environment, particularly high interest rates affecting affordability and sales, while large buyer incentives are compressing margins [1] Company Summary - The company is facing headwinds from affordability constraints linked to elevated interest rates, which are negatively impacting sales [1] - Large buyer incentives are being utilized, but these are adversely affecting profit margins [1] Industry Context - The broader macroeconomic environment is tough, contributing to the challenges faced by companies in the housing sector, including Meritage Homes [1]