Meritage Homes
About: Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, comprising ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments: homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services, and the financial services segment offers title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
Employees: 1,898
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1,031% more repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 26
200% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 3 (+2) [Q1 2025]
2% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 62
1.67% less ownership
Funds ownership: 97.73% [Q4 2024] → 96.06% (-1.67%) [Q1 2025]
2% less funds holding
Funds holding: 393 [Q4 2024] → 385 (-8) [Q1 2025]
10% less capital invested
Capital invested by funds: $5.41B [Q4 2024] → $4.89B (-$523M) [Q1 2025]
40% less call options, than puts
Call options by funds: $10M | Put options by funds: $16.6M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
B of A Securities Rafe Jadrosich | 27%upside $82 | Buy Initiated | 5 May 2025 |
JP Morgan Michael Rehaut | 9%upside $70 | Neutral Maintained | 1 May 2025 |
Keefe, Bruyette & Woods Jade Rahmani | 19%upside $77 | Market Perform Maintained | 28 Apr 2025 |
Financial journalist opinion
Based on 5 articles about MTH published over the past 30 days
