Equities

Meritage Homes Corp

Meritage Homes Corp

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Consumer DiscretionaryHousehold Goods and Home Construction
  • Price (USD)202.56
  • Today's Change-1.79 / -0.88%
  • Shares traded363.07k
  • 1 Year change+56.56%
  • Beta1.8036
Data delayed at least 15 minutes, as of Sep 18 2024 21:10 BST.
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About the company

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.

  • Revenue in USD (TTM)6.46bn
  • Net income in USD838.18m
  • Incorporated1988
  • Employees1.84k
  • Location
    Meritage Homes Corp18655 North Claret Drive, Suite 400SCOTTSDALE 85255United StatesUSA
  • Phone+1 (480) 515-8100
  • Fax+1 (480) 998-9162
  • Websitehttps://www.meritagehomes.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Tri Pointe Homes Inc (Delaware)4.19bn425.29m4.20bn1.44k10.201.349.201.004.404.4043.3333.450.89420.968675.822,915,536.009.148.8610.209.9223.0823.5810.2210.28--2,513.660.23460.00-14.562.63-40.345.01-4.32--
Arcosa Inc2.44bn147.40m4.49bn4.80k30.421.8614.101.843.023.0249.9749.490.66745.195.88508,279.504.044.844.575.4719.0318.986.056.771.366.270.22637.102.909.58-34.9716.5035.35--
M/I Homes Inc4.18bn529.11m4.57bn1.61k9.081.678.401.0918.3518.35144.77100.031.021.09--2,598,285.0012.9011.6814.4013.0426.7923.7812.679.85----0.25070.00-2.3712.02-5.1634.01-6.66--
Dycom Industries Inc4.43bn238.11m5.48bn15.61k23.384.7313.111.248.058.05149.8739.811.7132.523.17284,033.509.204.5811.335.6319.8817.425.372.833.256.150.44860.009.645.9553.9428.335.78--
Valmont Industries, Inc.4.08bn174.47m5.63bn11.13k32.353.8320.831.388.638.63198.3972.811.154.204.80367,045.904.915.686.307.3329.9926.554.265.061.6312.890.401923.77-3.938.65-39.879.686.109.86
CSW Industrials Inc815.66m110.12m5.70bn2.60k48.568.2038.146.997.067.0352.3141.850.78292.876.04313,714.2010.648.8712.2010.1244.8743.1313.5911.861.4415.190.146513.744.6117.764.9317.0217.14--
KB Home6.44bn602.74m6.52bn2.21k11.481.7810.121.017.567.5680.6548.730.9690.965132.882,919,990.009.148.8310.8210.6621.5721.509.439.13----0.29818.79-7.147.11-27.8915.7636.9245.41
Installed Building Products Inc2.86bn253.93m6.72bn10.60k26.589.8119.122.358.968.96100.8224.271.4811.126.19269,593.5013.1510.5415.9013.0034.0731.128.897.102.5910.360.563721.504.0715.769.0735.2011.82--
Taylor Morrison Home Corp7.39bn733.01m7.27bn2.80k10.351.329.380.98426.746.7467.8652.750.82770.97236.532,637,934.008.238.119.529.4424.1921.499.958.85----0.2801---9.8111.90-26.9630.0910.32--
Meritage Homes Corp6.46bn838.18m7.42bn1.84k8.991.528.581.1522.7322.73175.06134.400.99411.0927.583,512,741.0012.9113.8414.4515.7119.6018.9512.9812.20----0.2121.26-2.4511.71-25.5426.892.71--
Fluor Corp15.74bn375.00m7.92bn30.19k19.803.7020.040.50282.332.3394.7012.512.32--7.51521,549.004.92-4.809.19-9.613.771.962.12-2.38----0.3362--12.59-3.87-21.70-11.36-12.06--
MasTec Inc12.19bn7.86m9.24bn32.00k1,233.133.4015.100.75790.09450.0945155.6534.261.3681.983.92358,385.200.28733.080.40484.2112.3013.630.21182.391.231.430.4837--22.6811.67-249.75--1.35--
APi Group Corp6.87bn-478.00m9.50bn29.00k--3.35--1.38-2.02-2.0226.6710.330.862829.663.77237,034.502.420.20273.060.261329.9024.532.810.21111.383.390.5235--5.6413.19-655.17--3.05--
Data as of Sep 18 2024. Currency figures normalised to Meritage Homes Corp's reporting currency: US Dollar USD

Institutional shareholders

49.14%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Jun 20245.44m14.97%
The Vanguard Group, Inc.as of 30 Jun 20243.85m10.59%
SSgA Funds Management, Inc.as of 30 Jun 20241.70m4.68%
Dimensional Fund Advisors LPas of 30 Jun 20241.57m4.31%
T. Rowe Price Investment Management, Inc.as of 30 Jun 20241.32m3.64%
Geode Capital Management LLCas of 30 Jun 2024855.95k2.36%
Fuller & Thaler Asset Management, Inc.as of 30 Jun 2024815.90k2.25%
Citadel Advisors LLCas of 30 Jun 2024803.12k2.21%
Greenhaven Associates, Inc.as of 30 Jun 2024772.15k2.13%
Fisher Asset Management LLCas of 30 Jun 2024731.67k2.01%
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Data from 30 Jun 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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