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 (MTH) is a leading U.S. homebuilder recognized for energy-efficient construction and innovative design. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and sustainability initiatives shaping the company's position in residential construction.
Access official press releases, earnings announcements, and strategic updates in one centralized location. Track key developments including quarterly results, community expansions, leadership changes, and partnerships driving Meritage's market growth. Our curated feed ensures you never miss critical information about their 100% ENERGY STAR® certified home initiatives or operational milestones.
Discover updates across essential categories: quarterly financial disclosures, new community launches, sustainability achievements, and recognition in industry rankings. Each update is sourced directly from verified corporate communications to maintain accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined access to Meritage Homes' latest business developments. Check back regularly to stay informed about how this award-winning builder continues to advance energy-efficient housing solutions while maintaining its commitment to quality craftsmanship and customer satisfaction.
Meritage Homes (NYSE: MTH), the fifth largest public homebuilder in the U.S., announced it will release its second quarter 2024 financial results on July 24, 2024, following the market close. The company will host a conference call to discuss these results on July 25, 2024, at 8:00 a.m. PT (11:00 a.m. ET). Investors can access the live webcast through Meritage's Investor Relations page or dial in using the provided numbers. A replay will also be available on the Investor Relations page.
Meritage Homes, the fifth largest public homebuilder in the U.S., continues its partnership with Operation Homefront's Permanent Homes for Veterans program for the 11th consecutive year.
In 2024, Meritage will donate two mortgage-free, energy-efficient homes to veteran families in Austin, TX, and Charlotte, NC, increasing their total donations to 20 homes.
The homes feature open-concept floorplans, designer-curated interiors, and smart home systems. The Austin home, over 1,300 square feet, has three bedrooms and two baths, while the Charlotte home, nearly 2,700 square feet, has five bedrooms and three baths. The homes are located in amenity-rich communities, with groundbreakings set for May and June, and ceremonies in November.
This initiative underscores Meritage's commitment to supporting military families.
Meritage Homes (NYSE: MTH) has announced a quarterly cash dividend of $0.75 per share. This dividend will be paid on June 28, 2024, to shareholders who hold shares at the close of trading on June 14, 2024.
Meritage Homes is the fifth-largest homebuilder in the U.S.
Meritage Homes has completed an offering of 1.75% Convertible Senior Notes, raising $575 million, with an additional $75 million purchased by initial buyers. The offering was made to qualified institutional buyers under Rule 144A. The notes, guarantees, and shares are not registered under the Securities Act and are not expected to be. This is not an offer to sell, nor a solicitation to buy these securities.
Meritage Homes has announced the pricing of $500 million aggregate principal amount of its 1.75% Convertible Senior Notes due 2028. The sale is expected to result in approximately $484.8 million in net proceeds to Meritage. The company intends to use the proceeds for capped call transactions, redeeming outstanding 6.00% Senior Notes due 2025, and general corporate purposes.
Meritage Homes has announced that it is commencing an offering of $500 million in Convertible Senior Notes due 2028, with additional notes available. The notes will be senior, unsecured obligations of the Company and will be guaranteed by its subsidiaries. Interest on the notes will be payable semi-annually. The Company plans to use the proceeds for capped call transactions, redeeming existing notes, and general corporate purposes.
Meritage Homes (NYSE: MTH) will host a two-part series of investor day webcast calls covering key strategic topics like a new business model, long-term targets, land financing updates, and capital allocation. The calls will feature chief executive officer Phillippe Lord and chief financial officer Hilla Sferruzza, with guest hosts equity analysts Alan Ratner and Stephen Kim. Registration is required for the calls, which will include a question-and-answer session for participants.
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