Meritage Homes Corp.

NYS: MTH

GO
/marketstate/country/us

After Hours

 --Real time quotes

May 22, 2020, 5:23 p.m.

MTH
/zigman2/quotes/209069331/composite

$

68.67

Change

0.00 0.00%

Volume

Volume 4,694

Real time quotes

/zigman2/quotes/209069331/composite

Previous close

$ 66.77

$ 68.67

Change

+1.90 +2.85%

Day low

Day high

$66.18

$69.08

Open

52 week low

52 week high

$25.24

$76.83

Open

Company Description

Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses. The Financial Services segment inclu...

Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses. The Financial Services segment includes the operations of the company's subsidiary, Carefree Title. Meritage Homes was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.

Valuation

P/E Current

10.70

P/E Ratio (with extraordinary items)

9.02

P/E Ratio (without extraordinary items)

9.52

Price to Sales Ratio

0.65

Price to Book Ratio

1.18

Price to Cash Flow Ratio

6.63

Enterprise Value to EBITDA

8.42

Enterprise Value to Sales

0.70

Total Debt to Enterprise Value

0.34

Efficiency

Revenue/Employee

2,428,440.00

Income Per Employee

165,340.00

Receivables Turnover

44.24

Total Asset Turnover

1.08

Liquidity

Current Ratio

8.09

Quick Ratio

1.16

Cash Ratio

0.81

Profitability

Gross Margin

18.80

Operating Margin

8.09

Pretax Margin

8.26

Net Margin

6.81

Return on Assets

7.36

Return on Equity

13.51

Return on Total Capital

9.79

Return on Invested Capital

8.28

Capital Structure

Total Debt to Total Equity

53.35

Total Debt to Total Capital

34.79

Total Debt to Total Assets

30.91

Long-Term Debt to Equity

52.11

Long-Term Debt to Total Capital

33.98

Officers and Executives

Name Age Officer Since Title
Mr. Steven J. Hilton 57 1985 Chairman & Chief Executive Officer
Mr. Phillippe Lord 45 2008 President-West Region
Ms. Hilla Sferruzza 43 2006 Vice President
Mr. Brent A. Anderson - 2005 Vice President-Investor Relations
Mr. Javier Feliciano 45 2015 Chief Human Resources Officer & Executive VP

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
05/20/2020 Raymond Oppel
Director
5,000   Disposition at $64.62 per share. 323,100
03/09/2020 P Kelly Mooney
Director
3,000   Award at $0 per share. 0
03/04/2020 Phillippe Lord
Executive Vice President, COO
8,500   Disposition at $69.42 per share. 590,070
02/25/2020 Gerald W. Haddock
Director
5,000   Disposition at $70.95 per share. 354,750
02/24/2020 Gerald W. Haddock
Director
5,000   Disposition at $71.93 per share. 359,650
02/21/2020 Steven J. Hilton
Chief Executive Officer; Director
24,101   Award at $0 per share. 0
02/21/2020 Phillippe Lord
Executive Vice President, COO
14,460   Award at $0 per share. 0
02/21/2020 C. Timothy White
EVP - Gen. Counsel, Secretary
5,959   Award at $0 per share. 0
02/21/2020 Hilla Sferruzza
Chief Financial Officer
8,607   Award at $0 per share. 0
02/21/2020 Javier Feliciano
EVP Chief People Officer
3,012   Award at $0 per share. 0
02/19/2020 Hilla Sferruzza
Chief Financial Officer
11,893   Disposition at $72.01 per share. 856,414
02/18/2020 Steven J. Hilton
Chief Executive Officer; Director
28,864   Disposition at $68.17 per share. 1,967,658
02/18/2020 Phillippe Lord
Executive Vice President, COO
19,973   Disposition at $68.17 per share. 1,361,559
02/18/2020 C. Timothy White
EVP - Gen. Counsel, Secretary
13,583   Disposition at $68.17 per share. 925,953
02/18/2020 Hilla Sferruzza
Chief Financial Officer
11,906   Disposition at $68.17 per share. 811,632
02/18/2020 Javier Feliciano
EVP Chief People Officer
4,334   Disposition at $68.16 per share. 295,405
02/14/2020 Steven J. Hilton
Chief Executive Officer; Director
57,175   Award at $0 per share. 0
02/14/2020 Phillippe Lord
Executive Vice President, COO
35,734   Award at $0 per share. 0
02/14/2020 C. Timothy White
EVP - Gen. Counsel, Secretary
24,300   Award at $0 per share. 0
02/14/2020 Hilla Sferruzza
Chief Financial Officer
22,512   Award at $0 per share. 0
02/14/2020 Javier Feliciano
EVP Chief People Officer
10,519   Award at $0 per share. 0
02/14/2020 Steven J. Hilton
Chief Executive Officer; Director
10,630   Derivative/Non-derivative trans. at $0 per share. 0
02/14/2020 Phillippe Lord
Executive Vice President, COO
6,644   Derivative/Non-derivative trans. at $0 per share. 0
02/14/2020 C. Timothy White
EVP - Gen. Counsel, Secretary
4,518   Derivative/Non-derivative trans. at $0 per share. 0
02/14/2020 Hilla Sferruzza
Chief Financial Officer
4,186   Derivative/Non-derivative trans. at $0 per share. 0
02/14/2020 Javier Feliciano
EVP Chief People Officer
1,956   Derivative/Non-derivative trans. at $0 per share. 0
02/14/2020 Phillippe Lord
Executive Vice President, COO
1,500   Disposition at $72.35 per share. 108,525
02/14/2020 Gerald W. Haddock
Director
5,000   Disposition at $71.89 per share. 359,450
02/14/2020 Gerald W. Haddock
Director
2,500   Gift at $0 per share. 0
02/13/2020 Phillippe Lord
Executive Vice President, COO
1,500   Gift at $72.94 per share. 109,410
/news/latest/company/us/mth

MarketWatch News on MTH

  1. Housing Starts Fell 30%, but It’s Not as Bad as It Looks

    11:14 a.m. May 19, 2020

    - Barron's Online

  2. The Latest Thing That Could Hammer Builders’ Stocks

    8:50 a.m. Dec. 20, 2019

    - Barron's Online

  3. 30 momentum stocks that are actually cheap enough to buy

    3:23 p.m. Dec. 12, 2019

    - Michael Brush

  4. Home Builders Will Struggle in 2020, JPMorgan Says

    9:01 a.m. Dec. 11, 2019

    - Barron's Online

  5. Meritage Homes upgraded to neutral from underweight at J.P. Morgan

    10:15 a.m. Sept. 11, 2019

    - Tomi Kilgore

  6. Interest rate cuts could make these bonds an attractive target

    1:49 p.m. Aug. 24, 2019

    - Joy Wiltermuth

  7. Home builder confidence, up 1 point in July, still lags 2018

    10:00 a.m. July 16, 2019

    - Andrea Riquier

  8. Home builders are a buy again, says Wedbush

    12:32 p.m. June 16, 2019

    - Andrea Riquier

  9. These stats say now may be the time to buy home-builder stocks

    7:46 a.m. March 19, 2019

    - Philip van Doorn

  10. Meritage Homes downgraded to underweight from neutral at J.P. Morgan

    7:39 a.m. March 7, 2019

    - Tomi Kilgore

  11. Loading more headlines...
/news/nonmarketwatch/company/us/mth

Other News on MTH

  1. Signs Of V-Shaped Housing Recovery

    10:00 a.m. May 23, 2020

    - Seeking Alpha

  2. Homebuilders stocks jump as outlook brightens

    12:10 p.m. May 18, 2020

    - Seeking Alpha

  3. Homebuilder stocks jump as outlook brightens

    12:10 p.m. May 18, 2020

    - Seeking Alpha

  4. Meritage Home's May orders could match year-ago level

    9:16 a.m. May 18, 2020

    - Seeking Alpha

  5. Meritage Homes expects May orders to be flat Y/Y

    8:23 a.m. May 18, 2020

    - Seeking Alpha

  6. U.S. Consumer Spending Preview: Q1 2020

    3:21 p.m. May 10, 2020

    - Seeking Alpha

  7. 10-Q: MERITAGE HOMES CORP

    2:19 p.m. May 1, 2020

    - Edgar Online - (EDG = 10Q, 10K)

  8. Notable earnings after Tuesday's close

    5:35 p.m. April 27, 2020

    - Seeking Alpha

  9. Meritage Homes Q1 2020 Earnings Preview

    5:35 p.m. April 27, 2020

    - Seeking Alpha

  10. Did Rent Get Paid? Previewing REIT Earnings Season

    9:00 a.m. April 22, 2020

    - Seeking Alpha

  11. A Grand Reopening? Winners And Losers Emerge

    8:00 a.m. April 18, 2020

    - Seeking Alpha

  12. Real Estate Revival? REITs Rebound As Curve Flattens

    8:00 a.m. April 11, 2020

    - Seeking Alpha

  13. Meritage Homes 1Q20 orders rise 23% Y/Y; shares up ~20%

    12:32 p.m. April 6, 2020

    - Seeking Alpha

  14. The Homebuilders Are On Sale: 60% Off

    6:13 a.m. March 18, 2020

    - Seeking Alpha

  15. The EVP, COO of Meritage (MTH) is Selling Shares

    10:45 p.m. March 5, 2020

    - SmarterAnalyst

  16. Loading more headlines...

At a Glance

Meritage Homes Corp.

8800 East Raintree Drive

Suite 300

Scottsdale, Arizona 85260

Phone

1 4805158100

Industry

Residential Building Construction

Sector

Real Estate/Construction

Fiscal Year-end

12/2020

Revenue

$3.67B

Net Income

$249.66M

2019 Sales Growth

3.9%

Employees

1,510

/news/pressrelease/company/us/mth

Press Releases on MTH

  1. Meritage Homes announces recent order trends

    8:00 a.m. May 18, 2020

    - GlobeNewswire

  2. Meritage Homes announces recent order trends

    8:00 a.m. May 18, 2020

    - GlobeNewswire

  3. Meritage Homes reports first quarter 2020 diluted EPS of $1.83

    4:30 p.m. April 28, 2020

    - GlobeNewswire

  4. Meritage Homes reports first quarter 2020 diluted EPS of $1.83

    4:30 p.m. April 28, 2020

    - GlobeNewswire

  5. Meritage Homes Participating in Upcoming Industry Conferences

    5:30 p.m. Feb. 24, 2020

    - GlobeNewswire

  6. Meritage Homes Participating in Upcoming Industry Conferences

    5:30 p.m. Feb. 24, 2020

    - GlobeNewswire

  7. Loading more headlines...
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