Meritage Homes is the sixth-largest public homebuilder in the United States, based on homes closed in 2020. Meritage offers a variety of homes that are designed with a focus on first-time and first move-up buyers in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee.
Company profile
Ticker
MTH
Exchange
Website
CEO
Steven Hilton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
D.R. Horton • PulteGroup • Toll Brothers • KB Home • NVR • M.D.C. • Beazer Homes USA • Hovnanian Enterprises • MI Homes • Dream Finders Homes ...
Former names
HOMEPLEX MORTGAGE INVESTMENTS CORP, MERITAGE CORP, MONTEREY HOMES CORP
SEC CIK
Corporate docs
IRS number
860611231
MTH stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
18 May 23
DEFA14A
Additional proxy soliciting materials
9 May 23
10-Q
2023 Q1
Quarterly report
28 Apr 23
8-K
Meritage Homes reports first quarter 2023 results including record first quarter closing units and home closing revenue
26 Apr 23
DEFA14A
Additional proxy soliciting materials
25 Apr 23
ARS
2022 FY
Annual report to shareholders
24 Mar 23
DEFA14A
Additional proxy soliciting materials
24 Mar 23
DEF 14A
Definitive proxy
24 Mar 23
8-K
Departure of Directors or Certain Officers
23 Feb 23
8-K
Meritage Homes Initiates Quarterly Cash Dividend
16 Feb 23
Transcripts
MTH
Earnings call transcript
2023 Q1
27 Apr 23
MTH
Earnings call transcript
2022 Q4
2 Feb 23
MTH
Earnings call transcript
2022 Q3
28 Oct 22
MTH
Earnings call transcript
2022 Q2
28 Jul 22
MTH
Earnings call transcript
2022 Q1
28 Apr 22
MTH
Earnings call transcript
2021 Q4
27 Jan 22
MTH
Earnings call transcript
2021 Q3
28 Oct 21
MTH
Earnings call transcript
2021 Q2
29 Jul 21
MTH
Earnings call transcript
2021 Q1
1 May 21
MTH
Earnings call transcript
2020 Q4
28 Jan 21
Latest ownership filings
4
STEVEN J HILTON
12 May 23
4
R. Odell Michael
2 May 23
144/A
Notice of proposed sale of securities (amended)
1 May 23
4
Alison Sasser
1 May 23
4
Phillippe Lord
1 May 23
4
GERALD W HADDOCK
1 May 23
144
Notice of proposed sale of securities
28 Apr 23
144
Notice of proposed sale of securities
28 Apr 23
144
Notice of proposed sale of securities
28 Apr 23
144
Notice of proposed sale of securities
28 Apr 23
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q1 2023
98.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 302 |
| Opened positions | 55 |
| Closed positions | 38 |
| Increased positions | 94 |
| Reduced positions | 116 |
| 13F shares | Current |
|---|---|
| Total value | 3.98 tn |
| Total shares | 35.82 mm |
| Total puts | 55.30 k |
| Total calls | 102.80 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 6.25 mm | $729.98 bn |
| Vanguard | 4.11 mm | $480.08 bn |
| Dimensional Fund Advisors | 1.70 mm | $197.95 bn |
| Earnest Partners | 1.46 mm | $170.71 bn |
| STT State Street | 1.43 mm | $166.44 bn |
| T. Rowe Price Investment Management | 1.35 mm | $156.82 bn |
| Fisher Asset Management | 1.10 mm | $128.66 mm |
| MCQEF Macquarie | 826.76 k | $96.53 bn |
| Greenhaven Associates | 810.45 k | $94.63 bn |
| Wellington Management | 787.20 k | $91.91 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 May 23 | Steven J Hilton | MTH Common Stock | Gift | Dispose G | Yes | No | 0 | 8,000 | 0.00 | 387,366 |
| 28 Apr 23 | Phillippe Lord | M/TH COMMON STOCK | Sell | Dispose S | Yes | No | 126.03 | 3,900 | 491.52 k | 42,760 |
| 28 Apr 23 | Haddock Gerald W | MTH Common Stock | Sell | Dispose S | No | No | 124.64 | 2,000 | 249.28 k | 6,000 |
| 28 Apr 23 | Alison Sasser | MTH Common Stock | Sell | Dispose S | No | No | 123.52 | 1,500 | 185.28 k | 481 |
| 28 Apr 23 | Michael R. Odell | MTH Common Stock | Sell | Dispose S | No | No | 127.84 | 10,000 | 1.28 mm | 25,000 |
News
Expert Ratings for Meritage Homes
1 Jun 23
Benzinga's Top Ratings Upgrades, Downgrades For June 1, 2023
1 Jun 23
Deutsche Bank Initiates Coverage On Meritage Homes with Buy Rating, Announces Price Target of $500
1 Jun 23
Keefe, Bruyette & Woods Maintains Market Perform on Meritage Homes, Raises Price Target to $138
2 May 23
What 7 Analyst Ratings Have To Say About Meritage Homes
28 Apr 23
Press releases
Meritage Homes Continues Partnership with Operation Homefront To Build New Home for Military Family in South Florida
24 May 23
Meritage Homes Announces Quarterly Cash Dividend
18 May 23
Meritage Homes Honored With 2023 Hearthstone BUILDER Humanitarian Award
2 May 23
Meritage Homes reports first quarter 2023 results including record first quarter closing units and home closing revenue
26 Apr 23
Meritage Homes First Quarter 2023 Earnings Conference Call and Webcast Scheduled for April 27, 2023
22 Mar 23