Meritage Homes Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Phillippe Lord
- Full Time Employees
- 1,860
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- 18655 North Claret Drive Scottsdale AZ United States of America 85255
- IPO Date
- Jul 26, 1988
- CIK
- 0000833079
- Website
- meritagehomes.com
- Similar Companies
- Business
- Meritage Homes Corporation designs, constructs, markets, and sells energy-efficient single-family detached and attached homes primarily targeting entry-level and first move-up buyers. The company's product portfolio includes affordable new homes with a focus on sustainability, featuring energy-efficient technologies and building practices recognized by multiple ENERGY STAR® and EPA Indoor airPLUS awards. Meritage operates across three principal geographic segments—West (Arizona, California, Colorado, Utah), Central (Texas), and East (Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee)—offering homes that blend distinctive style, quality construction, and modern amenities. The company also provides financial services including title, escrow, mortgage, and insurance offerings to homebuyers. Founded in 1985 and headquartered in Scottsdale, Arizona, Meritage Homes is the fifth-largest public homebuilder in the United States by homes closed in 2024. In recent strategic moves, Meritage completed the acquisition of Elliott Homes' assets in October 2024, significantly expanding its presence into the Gulf Coast markets, adding over 5,500 lots, and aligning with its strategy of building affordable entry-level homes. Additionally, Meritage entered an exclusive multi-year supply agreement with James Hardie Building Products in 2024, making Hardie siding and trim standard on its new homes nationwide. The company has also adopted a strategic shift to sell homes later in the construction process, introducing a 60-day closing ready guarantee and promoting move-in ready homes beginning in 2025, enhancing customer convenience and engagement with external realtors. Meritage reported record home closing volumes of over 15,600 homes and the highest annual home closing revenue of $6.3 billion in 2024, underpinned by its commitment to sustainability and operational efficiencies that improve energy efficiency by 51% compared to 2006 baseline homes. Meritage's business segments comprise homebuilding, including land acquisition and development, construction, marketing, sales, warranty, and customer services, as well as financial services supporting home purchasing processes. The company emphasizes sustainability and innovation in residential construction, serving customers primarily in key U.S. states with expanding reach due to recent acquisitions and robust new community openings across multiple regions.
Company News
Jupiter Topco LLC Makes New $2.24 Million Investment in Meritage Homes Corporation $MTH
Meritage (MTH) Down 0.4% Since Last Earnings Report: Can It Rebound?
Meritage Homes Publishes Its Annual Sustainability and Corporate Responsibility Data Update
Meritage Homes Announces Quarterly Cash Dividend
Meritage Homes Q2 Earnings Call Highlights
Updated: Mithril Silver and Gold June 2026 Quarterly Report Upgraded T1 MRE and District Expansion Drill Program
Mithril Silver And Gold June 2026 Quarterly Report Upgraded T1 MRE And District Expansion Drill Program
Meritage Homes Corporation (MTH) Q2 2026 Earnings Call Transcript
Compared to Estimates, Meritage (MTH) Q2 Earnings: A Look at Key Metrics
Meritage Homes (MTH) Surpasses Q2 Earnings Estimates
Meritage Homes reports second quarter 2026 results
MTH or NVR: Which Is the Better Value Stock Right Now?
Landmark Housing Affordability Bill Becomes Law: ETFs in Focus
New Strong Sell Stocks for June 24th
Meritage Homes Second Quarter 2026 Earnings Conference Call and Webcast Scheduled for July 30, 2026
Why Is Meritage (MTH) Down 8.6% Since Last Earnings Report?
Meritage Homes Announces Quarterly Cash Dividend
Meritage Homes Announces Quarterly Cash Dividend
Meritage Homes Corporation (MTH) Shareholder/Analyst Call Prepared Remarks Transcript
Meritage Homes Corp (MTH) Shares Surge 4.6% -- What GF Score of 86 Tells Investors