Meritage Homes Corp Stock Price, News & Analysis

Meritage Homes (NYSE:MTH), the fifth-largest U.S. homebuilder, has announced two significant shareholder-focused initiatives. The company declared a quarterly dividend of $0.43 per share, payable on September 30, 2025, to shareholders of record as of September 16, 2025.

Additionally, MTH's Board of Directors has approved a substantial $500 million increase to the company's share repurchase authorization, demonstrating confidence in the company's financial position and commitment to returning value to shareholders.

Meritage Homes (NYSE:MTH), the fifth-largest U.S. homebuilder, reported mixed Q2 2025 results with net earnings of $147 million ($2.04 per diluted share), down 37% from $232 million ($3.15 per diluted share) in Q2 2024. The company delivered 4,170 homes (+1% YoY) with home closing revenue of $1.6 billion (-5% YoY).

Home closing gross margin decreased to 21.1% from 25.9% year-over-year, primarily due to increased financing incentives and higher lot costs. The company maintained strong liquidity with $930 million in cash and a net debt-to-capital ratio of 14.6%. Meritage enhanced shareholder returns through $76 million in dividends and share repurchases during Q2 2025.

The company reduced its land acquisition and development spend target to $2.0 billion for the full year, down from $2.5 billion previously, while maintaining a strong position with approximately 81,900 lots owned or controlled as of June 30, 2025.

Meritage Homes (NYSE: MTH), the fifth largest public homebuilder in the U.S., has scheduled its second quarter 2025 earnings release and conference call. The company will release Q2 2025 results on Wednesday, July 23, 2025, after market close. Management will host a conference call to discuss the results on Thursday, July 24, 2025, at 8:00 a.m. Pacific Standard Time (11:00 a.m. Eastern Standard Time). Investors can access the live webcast through Meritage's Investor Relations page or dial in using 1-877-407-6951 (U.S. toll-free) or 1-412-902-0046. A replay of the call will be available on the company's Investor Relations page.

Meritage Homes (NYSE: MTH), the fifth-largest homebuilder in the United States, has announced a quarterly cash dividend of $0.43 per share. The dividend will be paid on June 30, 2025, to shareholders who are on record as of the close of trading on June 16, 2025.

Meritage Homes (MTH) has announced the extension of its partnership with Operation Homefront's Permanent Homes for Veterans Program, marking its 12th year of collaboration. The company will donate two mortgage-free homes to veteran families in Colorado Springs, Colorado and Raleigh, North Carolina, bringing their total donations to 22 homes.

The new homes will be located in the Lorson Ranch and River Glen communities, featuring open-concept floorplans, designer-curated interiors, and energy-efficient features including ENERGY STAR® appliances, multispeed HVAC systems, and spray-foam insulation. The homes will also include smart home technology. The recipients will be announced in September, with key ceremonies planned for November around Veterans Day.

Meritage Homes (NYSE: MTH) reported mixed Q1 2025 results with declining metrics across key areas. Home closing revenue decreased 8% to $1.3 billion, with deliveries down 3% to 3,416 units. The company's net earnings fell 34% to $123 million, resulting in diluted EPS of $1.69, down from $2.53 year-over-year.

Home closing gross margin contracted to 22.0% from 25.8% due to increased financing incentives and higher lot costs. The company maintained strong liquidity with $1 billion in cash and a net debt-to-capital ratio of 13.7%. During Q1, MTH issued $500 million in senior notes, spent $465 million on land acquisition, paid $31 million in dividends, and repurchased $45 million in shares.

The company reiterated its full-year 2025 guidance, projecting 16,250-16,750 home closings and revenue between $6.6-6.9 billion. MTH's community count grew 7% year-over-year to 290 communities, while maintaining control of approximately 84,200 lots.

Meritage Homes (NYSE: MTH), the fifth largest public homebuilder in the United States, has announced its upcoming first quarter 2025 earnings release and conference call schedule. The company will release Q1 2025 results on Wednesday, April 23, 2025 after market close.

Management will host a conference call to discuss the results on Thursday, April 24, 2025 at 8:00 a.m. Pacific Standard Time (11:00 a.m. Eastern Standard Time). Investors can access the live webcast through Meritage's Investor Relations page or dial in using 1-877-407-6951 (U.S. toll-free) or 1-412-902-0046. A replay of the call will be available on the company's Investor Relations page.

Meritage Homes (NYSE: MTH) has announced the pricing of $500 million in senior notes due 2035, with a 5.650% interest rate paid semi-annually. The offering is expected to close on March 6, 2025, subject to customary conditions.

The company plans to use the net proceeds for general corporate purposes. The offering is being managed by multiple financial institutions, including J.P. Morgan Securities, BofA Securities, and Goldman Sachs & Co. as Joint Book-Running Managers.

The notes are being offered through an effective shelf registration statement filed with the SEC, with prospectus supplements available through various channels.

Meritage Homes (NYSE: MTH) has announced two significant shareholder-focused initiatives. First, the company increased its quarterly cash dividend to $0.43 per share, up from $0.375 in 2024 (adjusted for the recent two-for-one stock split). This dividend will be paid on March 31, 2025, to shareholders of record as of March 17, 2025.

Additionally, Meritage has renewed its programmatic share repurchase plan, committing to repurchase $15 million worth of shares during each quarter of 2025. The company plans to maintain this as an evergreen plan, while remaining opportunistic based on market conditions.