Equities

Meritage Homes Corp

Meritage Homes Corp

Actions
Consumer DiscretionaryHousehold Goods and Home Construction
  • Price (USD)182.45
  • Today's Change4.77 / 2.68%
  • Shares traded163.04k
  • 1 Year change+28.46%
  • Beta1.8215
Data delayed at least 15 minutes, as of Nov 22 2024 19:03 GMT.
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About the company

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.

  • Revenue in USD (TTM)6.43bn
  • Net income in USD812.39m
  • Incorporated1988
  • Employees1.84k
  • Location
    Meritage Homes Corp18655 North Claret Drive, Suite 400SCOTTSDALE 85255United StatesUSA
  • Phone+1 (480) 515-8100
  • Fax+1 (480) 998-9162
  • Websitehttps://www.meritagehomes.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
MTH:NYQ since
announced
Transaction
value
Elliott Homes LLCDeal completed29 Oct 202429 Oct 2024Deal completed-1.10%--
Data delayed at least 15 minutes, as of Nov 22 2024 19:03 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
M/I Homes Inc4.27bn535.54m4.25bn1.61k8.381.497.720.994718.6318.63148.51104.591.011.06--2,658,358.0012.6611.6813.9913.0426.8423.7812.549.85----0.24640.00-2.3712.02-5.1634.01-6.66--
Granite Construction Inc.3.96bn110.86m4.29bn2.10k47.754.2618.321.082.062.0670.1623.041.3934.463.811,887,604.004.03-0.68446.82-1.1113.029.912.90-0.49591.46--0.4084--6.301.32-47.66--4.790.00
Primoris Services Corp6.14bn164.58m4.47bn2.77k27.613.2917.000.72823.023.02112.6225.281.53--3.672,214,590.004.094.486.416.8111.0010.692.682.79--4.220.399611.0529.2914.22-5.179.93-1.340.00
Arcosa Inc2.49bn128.50m5.28bn4.80k41.122.1717.392.132.632.6350.9749.880.63365.526.33518,435.903.284.843.675.4719.8418.985.176.772.775.330.33697.102.909.58-34.9716.5035.35--
Dycom Industries Inc4.57bn224.16m5.33bn15.61k24.124.3212.901.177.607.60154.7442.391.5831.942.85292,738.707.764.589.585.6319.6217.424.912.832.935.430.47090.009.645.9553.9428.335.78--
Construction Partners Inc1.82bn68.94m5.39bn1.15k73.918.8933.262.961.311.3134.8010.891.3216.425.15--4.994.166.565.3414.1613.093.783.121.265.670.4723--16.6518.4240.689.8415.66--
IES Holdings Inc2.76bn193.75m5.40bn8.36k28.579.5722.201.969.479.47134.7628.252.6820.125.17329,976.4020.258.8836.9116.0023.6017.517.543.631.44173.930.018--9.7122.08211.5144.5231.09--
KB Home6.60bn610.04m5.70bn2.21k9.921.568.740.86387.847.8484.5349.810.98450.958934.512,995,091.009.168.8310.9010.6621.3421.509.319.13----0.29788.79-7.147.11-27.8915.7636.9245.41
Installed Building Products Inc2.91bn254.54m5.94bn10.60k23.488.3016.812.049.009.00102.9225.461.4611.256.13274,700.6012.7510.5415.4613.0033.9431.128.747.102.5010.920.551621.504.0715.769.0735.2011.82--
Sterling Infrastructure Inc2.10bn184.42m6.06bn3.00k33.448.4623.182.885.905.9067.2423.341.12--4.99700,967.0010.476.8417.8110.0819.5514.699.335.19--394.590.3062--11.4613.7143.3640.97----
Meritage Homes Corp6.43bn812.39m6.43bn1.84k8.041.287.660.999222.0922.09174.93139.020.96861.0424.953,500,396.0012.2313.8413.8015.7119.1418.9512.6312.20--428.440.20721.26-2.4511.71-25.5426.892.71--
Valmont Industries, Inc.4.05bn306.57m6.79bn11.13k22.474.4416.881.6715.0715.07198.6676.291.164.364.66364,338.508.785.6811.387.3329.8826.557.565.061.5512.880.361823.77-3.938.65-39.879.686.109.86
CSW Industrials Inc839.93m116.11m6.99bn2.60k56.206.7744.578.327.407.3653.5661.360.70862.756.42323,050.009.898.8711.3910.1245.1243.1313.9611.862.6718.090.0013.744.6117.764.9317.0217.14--
Taylor Morrison Home Corp7.83bn813.44m7.19bn2.80k9.181.268.390.91757.567.5672.7055.140.8830.990739.522,796,969.009.208.1110.659.4424.6021.4910.428.85----0.2724---9.8111.90-26.9630.0910.32--
Data as of Nov 22 2024. Currency figures normalised to Meritage Homes Corp's reporting currency: US Dollar USD

Institutional shareholders

47.98%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Sep 20245.49m15.12%
The Vanguard Group, Inc.as of 30 Sep 20243.98m10.95%
SSgA Funds Management, Inc.as of 30 Sep 20241.77m4.88%
Dimensional Fund Advisors LPas of 30 Sep 20241.50m4.14%
T. Rowe Price Investment Management, Inc.as of 30 Sep 2024849.11k2.34%
Geode Capital Management LLCas of 30 Sep 2024836.96k2.30%
Citadel Advisors LLCas of 30 Sep 2024826.65k2.28%
Greenhaven Associates, Inc.as of 30 Sep 2024744.36k2.05%
Fisher Asset Management LLCas of 30 Sep 2024726.78k2.00%
EARNEST Partners LLCas of 30 Sep 2024696.73k1.92%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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