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Meritage Homes Corp (MTH.N)

MTH.N on New York Stock Exchange

36.14USD
7:31pm BST
Change (% chg)

$1.10 (+3.14%)
Prev Close
$35.04
Open
$35.49
Day's High
$36.14
Day's Low
$35.08
Volume
38,261
Avg. Vol
89,805
52-wk High
$55.45
52-wk Low
$34.57

Latest Key Developments (Source: Significant Developments)

Meritage Homes Q2 Earnings Per Share $1.31
Wednesday, 25 Jul 2018 

Meritage Homes Corp ::MERITAGE HOMES REPORTS SECOND QUARTER 2018 DILUTED EPS OF $1.31, UP 34% OVER PRIOR YEAR; 13% INCREASE IN PRE-TAX EARNINGS WITH 9% GROWTH IN HOME CLOSING REVENUE AND 60 BPS INCREASE IN HOME CLOSING GROSS MARGIN; STRONG DEMAND FOR ENTRY-LEVEL HOMES REPRESEN.Q2 EARNINGS PER SHARE $1.31.Q2 EARNINGS PER SHARE VIEW $1.11 -- THOMSON REUTERS I/B/E/S.QTRLY HOMES CLOSED 2,139 UNITS VERSUS 1,906 UNITS.QTRLY HOME ORDERS 2,250 UNITS VERSUS 2,153 UNITS.MAINTAINING PROJECTIONS FOR FY 2018 HOME CLOSINGS AND TOTAL HOME CLOSING REVENUE.MERITAGE HOMES - INCREASING PROJECTION FOR PRE-TAX EARNINGS TO $295-315 MILLION FOR THE YEAR.QTRLY TOTAL CLOSING REVENUE $877.5 MILLION VERSUS ABOUT $802 MILLION.  Full Article

Meritage Homes Corp Files For Potential Mixed Shelf Offering Size Not Disclosed - SEC Filing
Monday, 21 May 2018 

Meritage Homes Corp ::MERITAGE HOMES CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Meritage Homes Q3 earnings per share $1.02
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Meritage Homes Corp :Meritage homes reports third quarter 2017 diluted EPS of $1.02, with an 18 pct increase in pretax earnings driven by higher revenue and home closing margins.Q3 earnings per share $1.02.Q3 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.Meritage Homes Corp - ‍maintaining expectations for approximately $235-245 million in pre-tax earnings with full year 2017 gross margin in line with 2016​.Meritage Homes Corp - ‍expect to deliver approximately 7,600-7,800 homes and closing revenue of $3.15-$3.25 billion for year​.Meritage Homes Corp qtrly homes closed 1,969 units versus 1,800 units‍​.Meritage Homes Corp - ‍total orders for Q3 increased 8 pct year-over-year due to strong demand in texas and improved sales execution in east region​.Meritage Homes Corp qtrly home closing revenue $805 million versus $735.9 million.Meritage Homes Corp qtrly home orders 1,874 units versus 1,737 units.Meritage Homes Corp - ‍modestly reducing 2017 closings and revenue guidance while maintaining 2017 earnings expectations​.  Full Article

U.S. homebuilders fall as rate hike looms

Shares of U.S. homebuilders dropped on Wednesday after data showed mortgage applications decreased in the latest week, at a time when concerns of a slowdown in the housing industry is already worrying investors.