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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
12% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $10.1M
7% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 136
0.92% more ownership
Funds ownership: 96.82% [Q3] → 97.73% (+0.92%) [Q4]
6% less funds holding
Funds holding: 418 [Q3] → 391 (-27) [Q4]
25% less capital invested
Capital invested by funds: $7.21B [Q3] → $5.41B (-$1.8B) [Q4]
26% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 82
75% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 1 (-3) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Jade Rahmani 45% 1-year accuracy 17 / 38 met price target | 13%upside $77 | Market Perform Maintained | 28 Apr 2025 |
Seaport Global Kenneth Zener 45% 1-year accuracy 5 / 11 met price target | 3%upside $70 | Neutral Upgraded | 6 Mar 2025 |
Financial journalist opinion
Based on 12 articles about MTH published over the past 30 days
