MTH Stock Recent News

Meritage Homes Corporation (NYSE:MTH ) Q1 2025 Results Conference Call April 24, 2025 11:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations and ESG Steve Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore Michael Rehaut - JPMorgan Trevor Allinson - Wolfe Research John Lovallo - UBS Carl Reichardt - BTIG Alex Barron - Housing Research Center Operator Greetings and welcome to the Meritage Homes First Quarter 2025 Analyst Call. At this time, all participants are in a listen-only mode.

MTH's first-quarter 2025 results hurt by reduced home closing revenues, compressed gross margins and an increase in the effective tax rate.

The headline numbers for Meritage (MTH) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Meritage Homes (MTH) came out with quarterly earnings of $1.69 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $2.53 per share a year ago.

SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2025.

Beyond analysts' top -and-bottom-line estimates for Meritage (MTH), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.

Meritage (MTH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Meritage (MTH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest U.S.

Meritage Homes has grown earnings alongside other homebuilders based on surging housing prices amid a persisting housing shortage. The current industry outlook is weakened by higher mortgage rates and tariff uncertainty, but long-term housing market trends remain intact. As MTH's stock has declined due to temporary housing market concerns, the stock is now attractively valued. I estimate 54% upside to a fair value of $98.4.