MTH RSI Chart
Last 7 days
-2%
Last 30 days
-8.4%
Last 90 days
-8.9%
Trailing 12 Months
19.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2022 | 0 | 0 | 0 | 0 |
2021 | 0 | 3.8B | 0 | 0 |
2018 | 3.3B | 3.4B | 0 | 0 |
2017 | 3.1B | 3.1B | 3.2B | 3.2B |
2016 | 2.6B | 2.8B | 2.9B | 3.0B |
2015 | 2.3B | 2.4B | 2.5B | 2.6B |
2014 | 1.9B | 1.9B | 2.0B | 2.2B |
2013 | 1.3B | 1.5B | 1.6B | 1.8B |
2012 | 944.4M | 1.0B | 1.1B | 1.2B |
2011 | 0 | 0 | 0 | 861.2M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 13, 2024 | lord phillippe | sold | -406,975 | 162 | -2,500 | chief executive officer |
Mar 04, 2024 | lord phillippe | sold | -2,866,820 | 158 | -18,119 | chief executive officer |
Mar 04, 2024 | feliciano javier | sold | -451,092 | 158 | -2,850 | evp chief people officer |
Mar 04, 2024 | hilton steven j | sold | -745,243 | 158 | -4,705 | executive chairman |
Mar 04, 2024 | sferruzza hilla | sold | -1,300,940 | 158 | -8,222 | chief financial officer |
Mar 04, 2024 | szubinski clinton | sold | -1,156,680 | 158 | -7,308 | evp - chief operating officer |
Mar 01, 2024 | hilton steven j | acquired | - | - | 5,905 | executive chairman |
Mar 01, 2024 | sferruzza hilla | acquired | - | - | 11,102 | chief financial officer |
Mar 01, 2024 | szubinski clinton | acquired | - | - | 9,869 | evp - chief operating officer |
Mar 01, 2024 | feliciano javier | acquired | - | - | 4,111 | evp chief people officer |
Which funds bought or sold MTH recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 19, 2024 | Sumitomo Mitsui Trust Holdings, Inc. | reduced | -32.14 | -154,386 | 333,374 | -% |
Apr 19, 2024 | Legacy Wealth Asset Management, LLC | new | - | 272,840 | 272,840 | 0.08% |
Apr 19, 2024 | State of Alaska, Department of Revenue | reduced | -1.35 | -36,000 | 5,650,000 | 0.06% |
Apr 19, 2024 | DMC Group, LLC | reduced | -5.58 | -20,946 | 406,541 | 0.35% |
Apr 19, 2024 | First Trust Direct Indexing L.P. | reduced | -2.9 | -9,636 | 429,000 | 0.03% |
Apr 19, 2024 | Maryland State Retirement & Pension System | reduced | -1.71 | -350,336 | 1,977,320 | 0.04% |
Apr 19, 2024 | VALLEY NATIONAL ADVISERS INC | new | - | 1,000 | 1,000 | -% |
Apr 18, 2024 | Integrated Investment Consultants, LLC | reduced | -5.91 | -28,211 | 510,764 | 0.14% |
Apr 18, 2024 | Hexagon Capital Partners LLC | unchanged | - | 7.00 | 1,053 | -% |
Apr 18, 2024 | AlphaMark Advisors, LLC | reduced | -15.68 | -54,000 | 307,000 | 0.11% |
Unveiling Meritage Homes Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Meritage Homes Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 333.0B | 152.7B | 21.99 | 2.18 | ||||
LOW | 132.3B | 86.4B | 17.12 | 1.53 | ||||
DHI | 47.5B | 35.9B | 10.03 | 1.32 | ||||
NVR | 24.8B | 9.5B | 15.6 | 2.61 | ||||
FND | 11.6B | 4.4B | 47.12 | 2.63 | ||||
MID-CAP | ||||||||
MHK | 7.0B | 11.1B | -15.93 | 0.63 | ||||
IBP | 6.3B | 2.8B | 25.98 | 2.28 | ||||
WHR | 5.8B | 19.5B | 11.93 | 0.3 | ||||
CVCO | 3.0B | 1.9B | 17.55 | 1.62 | ||||
CCS | 2.5B | 3.7B | 9.77 | 0.69 | ||||
LEG | 2.4B | 4.7B | -17.87 | 0.52 | ||||
SMALL-CAP | ||||||||
AMWD | 1.4B | 1.9B | 11.96 | 0.76 | ||||
BZH | 839.1M | 2.1B | 5.38 | 0.39 | ||||
BSET | 115.3M | 369.0M | -19.85 | 0.31 | ||||
CRWS | 52.3M | 86.7M | 11.09 | 0.6 |
Meritage Homes Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2018Q2 | 2018Q1 | 2017Q4 | 2017Q3 | 2017Q2 | 2017Q1 | 2016Q4 | 2016Q3 | 2016Q2 | 2016Q1 | 2015Q4 | 2015Q3 | 2015Q2 | 2015Q1 | 2014Q4 | 2014Q3 |
Revenue | 2.4% | 1,412 | 1,379 | 1,345 | 1,311 | 1,278 | 877 | 743 | 946 | 806 | 802 | 673 | 881 | 753 | 798 | 598 | 782 | 670 | 598 | 519 | 699 | 557 |
Gross Profit | - | 445 | - | - | - | 345 | 159 | 123 | 171 | 145 | 141 | 110 | 157 | 132 | 138 | 104 | 152 | 126 | 115 | 96.00 | 140 | 111 |
S&GA Expenses | 5.9% | 69.00 | 66.00 | 75.00 | 69.00 | 74.00 | 61.00 | 53.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA Margin | 10.5% | 0.36* | 0.33* | 0.29* | 0.26* | 0.22* | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | -100.0% | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income Taxes | 18.9% | 82.00 | 69.00 | 74.00 | 61.00 | 48.00 | 17.00 | 5.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Earnings Before Taxes | 16.0% | 332 | 286 | 311 | 262 | 216 | 71.00 | 49.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBT Margin | 10.8% | 0.35* | 0.32* | 0.28* | 0.25* | 0.21* | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 15.1% | 250 | 217 | 237 | 201 | 167 | 54.00 | 44.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income Margin | 10.0% | 0.27* | 0.24* | 0.22* | 0.19* | 0.17* | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | -4010.6% | -225 | 6.00 | 89.00 | -112 | -135 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.8% | 6,353 | 6,182 | 6,066 | 5,871 | 5,772 | 5,571 | 5,308 | 5,058 | 4,808 | 4,565 | 4,322 | 4,038 | 3,864 | 3,687 | 3,542 | 3,914 | 3,398 | 3,635 | 3,467 | 3,396 | 3,365 |
Cash Equivalents | -12.2% | 921 | 1,049 | 1,163 | 957 | 862 | 299 | 272 | 520 | 618 | 562 | 684 | 716 | 746 | 610 | 485 | 797 | 319 | 455 | 407 | 327 | 311 |
Net PPE | -3.7% | 49.00 | 51.00 | 47.00 | 42.00 | 39.00 | 39.00 | 39.00 | 38.00 | 37.00 | 37.00 | 36.00 | 37.00 | 39.00 | 43.00 | 46.00 | 49.00 | 51.00 | 53.00 | 54.00 | 54.00 | 55.00 |
Liabilities | -1.1% | 1,741 | 1,761 | 1,817 | 1,804 | 1,822 | 1,889 | 1,895 | 1,890 | 1,763 | 1,740 | 1,693 | 1,562 | 1,517 | 1,487 | 1,457 | 1,924 | 1,424 | 1,761 | 1,669 | 1,653 | 1,645 |
Shareholder's Equity | 4.3% | 4,612 | 4,421 | 4,248 | 4,067 | 3,950 | 3,682 | 3,412 | 3,168 | 3,044 | 2,825 | 2,628 | 2,477 | 2,348 | 2,200 | 2,085 | 1,991 | 1,974 | 1,874 | 1,798 | 1,743 | 1,721 |
Retained Earnings | 4.6% | 4,321 | 4,132 | 3,920 | 3,743 | 3,621 | 3,359 | 3,097 | 2,846 | 2,629 | 2,392 | 2,191 | 2,024 | 1,892 | 1,739 | 1,630 | 1,539 | 1,468 | 1,365 | 1,295 | 1,244 | 1,219 |
Additional Paid-In Capital | 0.6% | 291 | 289 | 328 | 324 | 328 | 322 | 316 | 322 | 415 | 433 | 437 | 453 | 456 | 460 | 454 | 451 | 505 | 509 | 503 | 499 | 502 |
Shares Outstanding | -0.1% | 36.00 | 36.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 38.00 | 38.00 | 38.00 | 38.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 5,100 | - | - | - | 2,700 | - | - | - | 3,500 | - | - | - | 2,800 | - | - | - | 1,900 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -200.3% | -104,520 | 104,207 | 231,413 | 124,472 | 575,079 | 37,018 | -219,015 | 12,188 | 96,614 | -105,234 | -129,526 | -13,946 | 157,278 | 135,637 | 193,532 | 43,913 | 179,460 | 54,011 | 81,095 | 32,254 | 188,548 |
Share Based Compensation | -3.3% | 5,954 | 6,156 | 4,176 | 6,225 | 5,436 | 6,852 | 4,070 | 5,975 | 5,634 | 5,845 | 3,223 | 5,367 | 4,271 | 6,130 | 3,157 | 6,437 | 3,888 | 5,657 | 4,201 | 5,861 | 3,433 |
Cashflow From Investing | 29.0% | -8,920 | -12,563 | -13,412 | -8,728 | -7,403 | -6,625 | -12,013 | -6,245 | -9,314 | -6,828 | -5,769 | -4,910 | -4,987 | -4,160 | -4,851 | -4,236 | -1,518 | -6,169 | 474 | -6,276 | -9,926 |
Cashflow From Financing | 93.2% | -14,088 | -206,132 | -11,968 | -20,095 | -5,502 | -3,153 | -17,220 | -103,883 | -31,256 | -10,021 | 103,236 | -10,332 | -16,649 | -6,120 | -501,380 | 438,178 | -313,288 | -457 | -1,641 | -9,945 | -72,918 |
Dividend Payments | 0.0% | 9,839 | 9,841 | 9,927 | 9,927 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | -91.0% | 4,067 | 45,000 | - | 10,000 | - | - | 10,000 | 99,303 | 23,975 | 9,471 | 19,161 | 8,385 | 8,779 | - | - | 60,813 | 7,078 | - | - | 8,957 | 70,647 |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Commissions and other sales costs | $ (384,911) | $ (323,266) | $ (285,403) |
General and administrative expenses | (231,722) | (192,984) | (181,449) |
Interest expense | 0 | (41) | (318) |
Other income, net | 47,948 | 2,714 | 4,864 |
Loss on early extinguishment of debt | (907) | 0 | (18,188) |
Earnings before income taxes | 949,430 | 1,289,318 | 954,834 |
Provision for income taxes | (210,682) | (297,126) | (217,390) |
Net earnings | $ 738,748 | $ 992,192 | $ 737,444 |
Earnings per common share: | |||
Basic (in dollars per share) | $ 20.17 | $ 27.04 | $ 19.61 |
Diluted (in dollars per share) | $ 19.93 | $ 26.74 | $ 19.29 |
Weighted average number of shares: | |||
Basic (in shares) | 36,619 | 36,694 | 37,610 |
Diluted (in shares) | 37,069 | 37,101 | 38,233 |
Homebuilding | |||
Revenue | $ 6,113,013 | $ 6,268,727 | $ 5,120,110 |
Cost of goods and services sold | (4,606,457) | (4,484,126) | (3,702,816) |
Total closing gross profit | 1,506,556 | 1,784,601 | 1,417,294 |
Home closings | |||
Revenue | 6,056,784 | 6,207,498 | 5,094,873 |
Cost of goods and services sold | (4,554,671) | (4,434,480) | (3,676,496) |
Total closing gross profit | 1,502,113 | 1,773,018 | 1,418,377 |
Land | |||
Revenue | 56,229 | 61,229 | 25,237 |
Cost of goods and services sold | (51,786) | (49,646) | (26,320) |
Total closing gross profit | 4,443 | 11,583 | (1,083) |
Financial Service | |||
Revenue | 25,250 | 23,476 | 21,207 |
Cost of revenue | (12,128) | (11,133) | (9,182) |
Total closing gross profit | 12,466 | 18,294 | 18,034 |
(Loss)/earnings from financial services unconsolidated entities and other, net | $ (656) | $ 5,951 | $ 6,009 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 921,227 | $ 861,561 |
Other receivables | 266,972 | 215,019 |
Real estate | 4,721,291 | 4,358,263 |
Real estate not owned | 0 | |
Deposits on real estate under option or contract | 111,364 | 76,729 |
Investments in unconsolidated entities | 17,170 | 11,753 |
Property and equipment, net | 48,953 | 38,635 |
Deferred tax assets, net | 47,573 | 45,452 |
Prepaids, other assets and goodwill | 218,584 | 164,689 |
Total assets | 6,353,134 | 5,772,101 |
Liabilities | ||
Accounts payable | 271,650 | 273,267 |
Accrued liabilities | 424,764 | 360,615 |
Home sale deposits | 36,605 | 37,961 |
Loans payable and other borrowings | 13,526 | 7,057 |
Senior notes, net | 994,689 | 1,143,590 |
Total liabilities | 1,741,234 | 1,822,490 |
Stockholders’ Equity | ||
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at December 31, 2023 and 2022 | 0 | 0 |
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,425,037 and 36,571,393 shares issued and outstanding at December 31, 2023 and 2022, respectively | 364 | 366 |
Additional paid-in capital | 290,955 | 327,878 |
Retained earnings | 4,320,581 | 3,621,367 |
Total stockholders’ equity | 4,611,900 | 3,949,611 |
Total liabilities and stockholders’ equity | $ 6,353,134 | $ 5,772,101 |