Meritage Homes Corp (MTH) Boosts Dividends As Its Spec-Only Approach Draws Praise

Meritage Homes Corp (NYSE:MTH) is among the best homebuilder stocks to buy according to hedge funds. On March 4, Truist Securities initiated coverage on Meritage Homes Corp (NYSE:MTH) stock with a Buy rating and a price target of $90. For this bullish view on Meritage Homes, the market research firm cited the homebuilder’s spec-only approach to business as a key factor. Notably, Meritage Homes doesn’t offer customized options to home buyers but builds everything to spec. This approach has a cost-savings b ...