Meritage Homes Corporation Aktie News

SCOTTSDALE, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it will host a two-part series of investor day webcast calls with Phillippe Lord, chief executive officer of Meritage Homes, and Hilla Sferruzza, chief financial officer of Meritage Homes. Each call will be diffe...

Meritage Homes Corporation (NYSE:MTH ) Q1 2024 Earnings Conference Call April 25, 2024 11:30 AM ET Company Participants Emily Tadano - Vice President of Investor Relations and ESG Steven Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - ...

Record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted EPS Record-high quarterly sales orders, home closing gross margin of 25.8% and a 43% increase in diluted EPS

Although current expectations indicate that U.S. interest rates may not decrease significantly soon, there's skepticism about maintaining high rates over an extended period. If interest rates eventually decrease, financing for new homes would become cheaper, stimulating demand for home purchases and, thus, homebuilder stocks.

Meritage Homes stock offers upside potential and is a strong buy due to its robust financial health and emphasis on single-family properties. Despite recent weak financial performance, the company has seen strong order growth and improving cancellation rates.

A number of homebuilding companies' shares fell Tuesday after Wedbush Securities analysts predicted seasonal stock-price drops that could be exacerbated by persistently high mortgage rates, inflation, and delayed interest rate cuts.

SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2024 results on Wednesday, April 24, 2024 after the market closes. Management will host a conference call to discuss the results at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time) on Thursday, April 25, 2024.

SCOTTSDALE, Ariz., March 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage,” “Meritage Homes” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that board director Raymond Oppel will not seek re-election to the Board at the Company's upcoming annual meeting of shareholders and will retire from his position effective May 16, 2024. Mr...