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 reports recurring developments in U.S. homebuilding, including quarterly results, home closings, home orders, backlog, average selling prices, gross margins and community count. The company designs and builds single-family attached and detached homes, with operations organized across West, Central and East regions in twelve states.
Meritage news also covers land acquisition and development spending, cycle-time and inventory commentary, energy-efficient entry-level and first move-up homes, and financial-services activities such as title, escrow, mortgage and insurance services. Capital allocation updates include cash dividends, share repurchases, credit capacity and community-giving initiatives through Meritage Cares.
Meritage Homes has opened a new community named Archer Meadows in San Tan Valley, Arizona, featuring over 350 energy-efficient homes. Located near Highway 60, it offers modern amenities such as a pool, clubhouse, and playground. Home prices start in the low $250,000s, with various designs available, including three-, four-, and five-bedroom options. This development caters to first-time buyers and aims to deliver quality housing amid high local prices. Meritage continues to lead in energy-efficient homebuilding and has a history of over 125,000 homes built.
Meritage Homes Corporation (MTH), a leading U.S. homebuilder, will announce its second quarter 2020 results on July 22, 2020, after market close. A conference call is scheduled for July 23 at 7:30 a.m. Arizona Time (10:30 a.m. ET) to discuss these results. The call will be available via webcast, along with a slideshow, on the company's Investor Relations page. Meritage, recognized for its energy-efficient homebuilding, is the seventh-largest public homebuilder in the U.S., focusing on first-time and move-up buyers across multiple states.
Meritage Homes has unveiled two new affordable communities in the greater Nashville area: Taylor Landing and West End Station, with prices starting from the low $200,000s. Designed for first-time homebuyers, these communities feature modern amenities and energy-efficient homes ranging from 1,600 to 2,500 square feet. Taylor Landing offers a vibrant community setting near Columbia, while West End Station provides low-maintenance townhome living close to Lebanon's shopping districts. The homes include advanced automation and energy-saving features, with sales offices now open for prospective buyers.
Meritage Homes (NYSE: MTH) reported a decrease in April 2020 orders, totaling 775 compared to 916 in April 2019, reflecting a 20% cancellation rate versus 11% last year. Despite this, there was increased sales momentum in late April, which is expected to continue into May. The company emphasized that qualified buyers are leveraging low interest rates for home purchases. Meritage has a strong focus on first-time buyers and is noted for energy-efficient homebuilding practices. The company will present updates at the J.P. Morgan Homebuilding Conference on May 18, 2020.
Meritage Homes Corporation (NYSE: MTH) will present virtually at the J.P. Morgan Homebuilding & Building Products Conference on May 18, 2020, at 1:30 PM EDT. Investors can access the live webcast via the Investor Relations page. Meritage is recognized as the seventh-largest public homebuilder in the U.S., focusing on first-time and first move-up buyers across several states including Arizona, California, and Texas. The company has built over 125,000 homes in 35 years and is a leader in energy-efficient homebuilding, having received the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year award since 2013.
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