Meritage Stock News

SCOTTSDALE, Ariz., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), a leading U.S. homebuilder, announced the appointment of Louis E. Caldera to its Board of Directors as an independent director. His appointment brings the Board of Directors to a total of 11. The Board plans to consider Mr. Caldera for appointment to one or more board committees over the course of the next several regularly scheduled Board meetings.

Meritage (MTH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Meritage Homes (NYSE:MTH) was upgraded by Zelman & Associates from a “hold” rating to a “buy” rating in a report issued on Monday, The Fly reports. Several other analysts have also commented on the company. KeyCorp raised their target price on Meritage Homes from $130.00 to $145.00 and gave the stock an “overweight” rating in […]

Fisher Asset Management LLC cut its holdings in shares of Meritage Homes Co. (NYSE:MTH) by 2.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,195,099 shares of the construction companys stock after selling 33,167 shares during the quarter. Fisher Asset Management LLCs holdings in []

How to Profit From Record Home Prices and Demand

Meritage Homes Co. (NYSE:MTH) Director Gerald W. Haddock sold 2,000 shares of the businesss stock in a transaction on Friday, December 3rd. The stock was sold at an average price of $117.41, for a total transaction of $234,820.00. The sale was disclosed in a document filed with the SEC, which is available at this link. []

Meritage Homes Co. (NYSE:MTH) Chairman Steven J. Hilton sold 61,913 shares of the stock in a transaction dated Monday, December 6th. The shares were sold at an average price of $120.52, for a total transaction of $7,461,754.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at []

Equities research analysts forecast that Meritage Homes Co. (NYSE:MTH) will announce earnings per share of $6.09 for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have issued estimates for Meritage Homes earnings. The highest EPS estimate is $6.53 and the lowest is $5.69. Meritage Homes posted earnings of $3.97 per share during []

Millennium Management LLC reduced its position in shares of Meritage Homes Co. (NYSE:MTH) by 88.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,269 shares of the construction companys stock after selling 173,810 shares during the quarter. Millennium Management LLC owned about 0.06% []

Equities research analysts predict that Meritage Homes Co. (NYSE:MTH) will post earnings of $6.09 per share for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have provided estimates for Meritage Homes earnings, with estimates ranging from $5.69 to $6.53. Meritage Homes posted earnings of $3.97 per share in the same quarter last []

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Meritage Homes Corporation with ticker code (MTH) now have 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 190 and 120 with the average target price sitting at 138.13. Given that the stocks previous close was at 118.65 this would indicate that there is a potential upside of 16.4%. The day 50 moving average is 106.45 and the 200 day moving average is 100.63. The company has a market capitalisation of $4,384m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="MTH" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Meritage Homes Corporation designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers.

Meritage Homes Co. (NYSE:MTH) Chairman Steven J. Hilton sold 38,087 shares of the businesss stock in a transaction dated Friday, November 19th. The stock was sold at an average price of $120.28, for a total value of $4,581,104.36. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. []