over 30 years, we've built 85,000+ homes, but more importantly we've created well more than 80,000 happy homeowners. our unmatched commitment to quality has helped us become the ninth largest homebuilder in the country. meritage homes has been included among the forbes' platinum 400 — best big companies of america, the fortune 1000 largest corporations of america, has been named texas builder of the year five times, and was voted as one of the best places to work in the valley by bestcompaniesaz, llc. meritage homes is known for its award-winning designs and for providing outstanding quality. meritage homes is committed to excellence and exceptional value to every home by being 100% energy star® certified. in fact, as a testament to our innovative culture, we were the first national homebuilder to be 100% energy star certified for every home we build. more than building the american dream and upholding our responsibility to help protect the environment, we give our homeowners what th
Company profile
Ticker
MTH
Exchange
Website
CEO
Steven Hilton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HOMEPLEX MORTGAGE INVESTMENTS CORP, MERITAGE CORP, MONTEREY HOMES CORP
SEC CIK
Corporate docs
IRS number
860611231
MTH stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
15 Mar 24
10-K
2023 FY
Annual report
14 Feb 24
8-K
Meritage Homes reports fourth quarter 2023 results
31 Jan 24
8-K
Departure of Directors or Certain Officers
10 Jan 24
8-K
Departure of Directors or Certain Officers
16 Nov 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Results of Operations and Financial Condition
31 Oct 23
10-Q
2023 Q2
Quarterly report
28 Jul 23
8-K
Results of Operations and Financial Condition
27 Jul 23
S-8
Registration of securities for employees
15 Jun 23
Transcripts
MTH
Earnings call transcript
2023 Q4
1 Feb 24
MTH
Earnings call transcript
2023 Q3
1 Nov 23
MTH
Earnings call transcript
2023 Q2
28 Jul 23
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
Latest ownership filings
4
Phillippe Lord
13 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
4
STEVEN J HILTON
5 Mar 24
4
Clinton Szubinski
5 Mar 24
4
Phillippe Lord
5 Mar 24
4
Javier Feliciano
5 Mar 24
4
Hilla Sferruzza
5 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.05 bn | 1.05 bn | 1.05 bn | 1.05 bn | 1.05 bn | 1.05 bn |
Cash burn (monthly) | 38.16 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 226.99 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 821.77 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 21.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
97.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 341 |
Opened positions | 56 |
Closed positions | 45 |
Increased positions | 111 |
Reduced positions | 127 |
13F shares | Current |
---|---|
Total value | 4.29 tn |
Total shares | 35.19 mm |
Total puts | 159.40 k |
Total calls | 91.40 k |
Total put/call ratio | 1.7 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.16 mm | $753.95 bn |
Vanguard | 4.17 mm | $510.37 bn |
Dimensional Fund Advisors | 1.68 mm | $205.65 bn |
STT State Street | 1.39 mm | $170.66 bn |
T. Rowe Price Investment Management | 1.21 mm | $147.65 bn |
Fisher Asset Management | 1.06 mm | $129.77 bn |
MCQEF Macquarie | 969.29 k | $118.63 bn |
Geode Capital Management | 822.59 k | $100.69 bn |
Greenhaven Associates | 813.95 k | $99.62 bn |
Earnest Partners | 753.40 k | $92.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Phillippe Lord | M/TH COMMON STOCK | Sell | Dispose S | Yes | No | 162.79 | 2,500 | 406.98 k | 100,266 |
4 Mar 24 | Steven J Hilton | MTH Common Stock | Sell | Dispose S | Yes | Yes | 160.9 | 251 | 40.39 k | 388,971 |
4 Mar 24 | Steven J Hilton | MTH Common Stock | Sell | Dispose S | Yes | Yes | 159.85 | 338 | 54.03 k | 389,222 |
4 Mar 24 | Steven J Hilton | MTH Common Stock | Sell | Dispose S | Yes | Yes | 158.79 | 495 | 78.60 k | 389,560 |
4 Mar 24 | Steven J Hilton | MTH Common Stock | Sell | Dispose S | Yes | Yes | 158.03 | 3,621 | 572.23 k | 390,055 |
4 Mar 24 | Clinton Szubinski | MTH Common Stock | Sell | Dispose S | No | Yes | 160.64 | 407 | 65.38 k | 14,881 |
4 Mar 24 | Clinton Szubinski | MTH Common Stock | Sell | Dispose S | No | Yes | 158.75 | 1,400 | 222.25 k | 15,288 |
4 Mar 24 | Clinton Szubinski | MTH Common Stock | Sell | Dispose S | No | Yes | 157.98 | 5,501 | 869.05 k | 16,688 |
4 Mar 24 | Phillippe Lord | M/TH COMMON STOCK | Sell | Dispose S | Yes | Yes | 160.86 | 200 | 32.17 k | 102,766 |
4 Mar 24 | Phillippe Lord | M/TH COMMON STOCK | Sell | Dispose S | Yes | Yes | 159.94 | 665 | 106.36 k | 102,966 |
News
(MTH) - Analyzing Meritage Homes's Short Interest
13 Mar 24
These Five Small-Cap Stocks Under The Radar Are Expected To Surge, Says Stock Researcher
3 Mar 24
Zelman & Assoc Upgrades Meritage Homes to Outperform
26 Feb 24
Meritage Homes Announces Systematic Share Repurchase Strategy With A Minimum Buyback Commitment Of $15M In Each Quarter Of This Fiscal Year. In January And February Of 2024, The Company Has Already Repurchased Its $15M And An Additional $41M Of Shares
22 Feb 24
Looking Into Meritage Homes's Recent Short Interest
19 Feb 24