Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached 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 entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Research context
Meritage Corporation appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
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5 years, 7 months ago
Meritage Homes Corporation is currently in a long term downtrend where the price is trading 3.2% below its 200 day moving average.
From a valuation standpoint, the stock is 99.1% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.8.
Meritage Homes Corporation's total revenue rose by 24.0% to $1B since the same quarter in the previous year.
Its net income has increased by 47.2% to $153M since the same quarter in the previous year.
Finally, its free cash flow fell by 12.3% to $152M since the same quarter in the previous year.
Based on the above factors, Meritage Homes Corporation gets an overall score of 3/5.