Edition:
United States

Meritage Homes Corp (MTH.N)

MTH.N on New York Stock Exchange

36.60USD
4:02pm EDT
Change (% chg)

$0.45 (+1.24%)
Prev Close
$36.15
Open
$36.05
Day's High
$36.80
Day's Low
$36.00
Volume
100,387
Avg. Vol
80,446
52-wk High
$41.17
52-wk Low
$29.75

Latest Key Developments (Source: Significant Developments)

Meritage Homes CEO Steven Hilton's FY 2016 total compensation was $7.36 mln
Monday, 27 Mar 2017 01:28pm EDT 

Meritage Homes Corp :CEO Steven Hilton's FY 2016 total compensation was $7.36 million versus $5.53 million in FY 2015 - sec filing.  Full Article

Meritage Homes Q4 earnings per share $1.22
Wednesday, 1 Feb 2017 08:00am EST 

Meritage Homes Corp : Q4 earnings per share $1.22 . Q4 earnings per share view $1.14 -- Thomson Reuters I/B/E/S . Q4 homes closed 2,117 units versus 1,919 units . Meritage Homes Corp says home closing revenue increased to $876.1 million for q4 of 2016, compared to $761.4 million for Q4 of 2015 . Meritage homes corp says home closing gross margin of 17.9 percent in Q4 of 2016 was highest quarterly margin in 2016 . Q4 homes orders 1,493 units versus 1,568 units . Sees new home deliveries of approximately 7,500-7,900 for full year and total closing revenue of $3.1-3.3 billion .Says expect that to translate to slightly lower year-over-year order volume for Q1 of 2017.  Full Article

Meritage Homes exercised accordion feature under its unsecured revolving credit agreement
Friday, 23 Dec 2016 06:14am EST 

Meritage Homes Corp : Exercised accordion feature under its unsecured revolving credit agreement . Meritage Homes Corp - co had outstanding letters of credit totaling about $38 million, leaving $437 million available under credit agreement to be drawn . Increased total commitments by $40 million, from $500 million to $540 million .Meritage Homes Corp - as of date of increase, $65 million borrowings were outstanding under credit agreement.  Full Article

Meritage Homes reports Q2 earnings per share $0.95
Thursday, 28 Jul 2016 07:30am EDT 

Meritage Homes Corp : Qtrly homes closed 1,950 units versus 1,556 units . Qtrly home orders 2,073 units versus 1,986 units . Says Q2 orders for new homes increased 4% over prior year . Reiterating our projections for 2016 full year orders, closings, revenue and diluted earnings per share . Reports a 35% increase in home closing revenue and a 37% increase in net earnings, resulting in diluted eps of $0.95 for the second quarter 2016 . Q2 earnings per share $0.95 . Sees FY 2016 earnings per share $3.55 to $3.85 . Sees Q3 earnings per share $0.80 to $0.85 . Q2 earnings per share view $0.80 -- Thomson Reuters I/B/E/S . Meritage homes corp qtrly total closing revenue $797.9 million versus $597.8 million . Providing q3 projections, including approximately 1,600-1,800 orders . Expect home closing gross margins of approximately 17.5-18.0% for q3 and for year .Expect to deliver diluted eps of $0.80-0.85 for q3 and $3.55-3.85 for year.  Full Article

Meritage Homes sees FY earnings of $3.55 to $3.85 per share
Monday, 16 May 2016 04:30pm EDT 

Meritage Homes Corp : Orders of approximately 7,350-7,550 for year 2016 . Fy2016 earnings per share view $3.51, revenue view $2.97 billion -- Thomson Reuters I/B/E/S . Meritage homes provides operational and financial guidance update . Sees fy earnings per share $3.55 to $3.85 .Sees fy revenue about $2.9 billion to $3.1 billion.  Full Article

Meritage Homes Corp announces Chief Financial Officer's retirement and successor
Thursday, 7 Jan 2016 09:00am EST 

Meritage Homes Corp:Says CFO Larry W. Seay to retire.Says Seay will be succeeded by Hilla Sferruzza.  Full Article

Meritage Homes Corp gives Q4 2015 guidance
Thursday, 29 Oct 2015 08:00am EDT 

Meritage Homes Corp:Anticipate Q4 2015 home closing revenue of about $750-800 million and diluted EPS of about $1.10-$1.35 for the quarter.  Full Article

Meritage Homes Corp lowers FY 2015 EPS guidance
Wednesday, 9 Sep 2015 05:25pm EDT 

Meritage Homes Corp:Revises FY 2015 guidance for earnings per diluted share to $3.30-3.75.Says it had previously projected FY 2015 earnings of $3.60-3.90 per diluted share.FY 2015 EPS of $3.64 - Thomson Reuters I/B/E/S.  Full Article

Meritage Homes Corp lowers FY 2015 EPS guidance
Wednesday, 29 Jul 2015 07:30am EDT 

Meritage Homes Corp:Estimates earnings per diluted share (EPS) of $3.60-3.90 for FY 2015, compared to previous full year guidance of $3.75-4.00.FY 2015 EPS of $3.75 - Thomson Reuters I/B/E/S.  Full Article

Meritage Homes Corp gives FY 2015 guidance; gives Q2 2015 EPS guidance - Conference Call
Thursday, 23 Apr 2015 10:30am EDT 

Meritage Homes Corp:Projects revenue growth of 25 pct to 30 pct for FY 2015 and earnings of about $3.75 to $4 per diluted share for FY 2015 with the benefit of better overhead leverage coming the back half of year.Expects Q2 2015 diluted earnings per share of about $0.64 to $0.68 per share.  Full Article

More From Around the Web

BRIEF-Meritage Homes CEO Steven Hilton's FY 2016 total compensation was $7.36 mln

* CEO Steven Hilton's FY 2016 total compensation was $7.36 million versus $5.53 million in FY 2015 - sec filing Source text : http://bit.ly/2oqMgig Further company coverage: