Welcome to our dedicated page for Meritage Homes news (Ticker: MTH), a resource for investors and traders seeking the latest updates and insights on Meritage Homes stock.
Meritage Homes Corporation (NYSE: MTH) is the fifth-largest public homebuilder in the United States based on homes closed in 2024, with a focus on energy-efficient and affordable entry-level and first move-up homes. News about Meritage often centers on its operating performance, capital allocation decisions and community initiatives across its homebuilding markets.
Investors following MTH news will see regular quarterly and annual earnings releases, where the company reports home orders, closings, revenue, margins, community counts and lot positions. These releases are typically accompanied by conference call announcements and 8-K filings that summarize results for periods such as the quarters ended June 30 and September 30. Management commentary in these updates discusses factors like absorption pace, incentives, land spending and liquidity.
Meritage news also highlights dividend declarations and share repurchase activity, including Board-approved quarterly cash dividends and changes to the company’s share repurchase authorization. These announcements provide insight into how Meritage balances growth investments in land and communities with returning capital to shareholders.
Beyond financial results, Meritage publishes stories on its philanthropic and community programs. Recent releases describe contributions to K–12 education, scholarships, disaster recovery, food insecurity initiatives, affordable housing funds and environmental efforts such as reforestation and water conservation. The company also reports on its partnership with Operation Homefront’s Permanent Homes for Veterans program, under which it donates mortgage-free homes to military families.
This news page aggregates these updates so readers can review Meritage’s earnings announcements, capital allocation decisions and community-focused activities in one place. For those tracking the U.S. homebuilding sector, the MTH news feed offers an ongoing view of how the company reports its performance and describes its role in the markets it serves.
Meritage Homes (NYSE:MTH) partnered with Operation Homefront to provide a mortgage-free, energy-efficient home to Navy Petty Officer First Class Garfield Johnson and his family in Zephyrhills, Florida. This initiative is part of the 'Permanent Homes for Veterans' program, which has assisted over 700 military families. The new four-bedroom home features advanced energy-efficient amenities and personal touches for the Johnson family. Meritage has constructed and donated 14 homes through this program, reflecting their commitment to supporting military families.
Meritage Homes Corporation (NYSE: MTH) reported strong third quarter results for 2021, highlighting a 10% increase in home closing revenue to $1.25 billion and an 84% rise in net earnings to $200.75 million. The company closed 3,112 homes, marking its highest third-quarter performance ever. However, home orders fell 11% year-over-year, reflecting production constraints. The average sales price for closed homes rose to $402,000. Management projects 12,600-12,900 home closings for the full year, with expected revenue of $5.05-5.15 billion.
Meritage Homes Corporation (NYSE: MTH) will release its third quarter 2021 results on October 27, 2021, after market close. A conference call will follow on October 28, 2021, at 8:00 a.m. Pacific Time, available via webcast on the company's Investor Relations page. Meritage, the sixth-largest public homebuilder in the U.S., focuses on entry-level and first move-up buyers. The company has delivered over 140,000 homes and is recognized for its energy-efficient building practices, receiving multiple ENERGY STAR® Partner of the Year awards.
Meritage Homes (NYSE:MTH) partnered with Operation Homefront to provide a mortgage-free home to a military family as part of the Permanent Homes for Veterans program. The Johnson family will receive a new 1,840 square-foot home in Zephyrhills, FL, in November 2021. This initiative honors military families, having provided over 700 homes since 2012. Meritage continues to emphasize energy efficiency and modern features in its homes, reinforcing its commitment to community support and veteran assistance.
Meritage Homes Corporation (NYSE:MTH), the sixth-largest homebuilder in the U.S., announced new digital solutions aimed at enhancing the homebuying experience. Customers can now explore home options virtually, qualifying for mortgages and completing transactions online where permitted. The company also introduced guaranteed homeowners' insurance quotes and 24/7 support through a virtual assistant. These innovations reflect the growing trend of virtual homebuying amidst changing consumer preferences, enabling buyers to choose a seamless process tailored to their needs.
Meritage Homes (NYSE:MTH) reveals new eco-friendly tile collections catering to homebuyers’ preferences, driven by a recent consumer survey. Key findings show that 35% favor quartz countertops resembling marble, and 92% value backsplashes with unique designs. Wood-look tile flooring is also gaining traction, appealing to 21% of buyers. This collaboration with Daltile enhances their offerings, promoting sustainable materials. The Design Collections simplify selections for buyers, ensuring cohesive finishes with transparent pricing and minimal environmental impact.
Meritage Homes Corporation (NYSE: MTH) reported strong second quarter results for 2021, highlighting a significant 85% increase in net earnings to $167.4 million ($4.36 per diluted share). Home closing revenue surged by 23% year-over-year to $1.3 billion, aided by an 18% rise in closed homes to 3,273 units. The average sales price for closing transactions rose 4% to $386,000. Despite a 2% drop in home orders to 3,542 units, the company secured a backlog of 5,509 homes valued at $2.3 billion, marking a 41% increase. Meritage anticipates home closing revenues between $5.00-5.25 billion for 2021.
Meritage Homes Corporation (NYSE: MTH) is set to release its second quarter 2021 results on July 28, 2021, after market close. A conference call to discuss these results will take place on July 29, 2021, at 7:00 a.m. Pacific Time. Investors can access the call via webcast through the Company’s website. Meritage Homes ranks as the sixth-largest public homebuilder in the U.S., with over 140,000 homes delivered since its inception, focusing on energy-efficient homebuilding and catering to entry-level and first move-up buyers across several states.
Meritage Homes (NYSE:MTH) has renewed its partnership with Operation Homefront to provide a mortgage-free, energy-efficient home to a deserving military family as part of Military Appreciation Month. This marks the eighth year of their collaboration under the Permanent Homes for Veterans program, with over 700 homes provided since 2012. The new home will be built in Tampa, Florida, featuring advanced energy-efficient technology. Keys will be awarded to the selected family during Veterans Day week 2021, reflecting Meritage’s commitment to support military families.
Meritage Homes, the sixth-largest public homebuilder in the U.S., has celebrated the recognition of nine divisions at the 18th annual Avid Awards. Notably, the Southern California division received the esteemed Avid Diamond Award for the second consecutive year, marking an exclusive achievement among public homebuilders in 2020. The Avid Awards assess builders based on customer satisfaction metrics. Meritage's divisions achieved the Avid Gold Award and Avid Benchmark Award for excellence in customer experience, highlighting the company's commitment to high standards in homebuyer satisfaction.