MTH Stock Recent News

These five stocks may deliver big dividend raises. I'm talking potential payout hikes starting at 20%.

John Novallo, senior homebuilder analyst at UBS, joins 'The Exchange' to discuss the impact of high rates on the housing market, his outlook for the homebuilders, and more.

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.

SCOTTSDALE, Ariz., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Geisha Williams as an independent director to its Board of Directors, effective immediately. Her appointment demonstrates the Company's commitment to ongoing board refreshment and increased diversity as it increases its size to 12 directors. The Board plans to consider Ms. Williams for appointment to one or more board committees over the course of the next several regularly scheduled board meetings.

MTH benefits from its focus on entry-level housing and efficient spec home strategy amid industry challenges.

Board Intends to Include Proposal to Declassify the Board at the 2025 Annual Meeting of Stockholders Board Intends to Include Proposal to Declassify the Board at the 2025 Annual Meeting of Stockholders

Meritage Homes has shown significant stock performance, up 29.5% since April and 79.8% since January 2022, outperforming the S&P 500. Despite a potential decline in Q3 revenue and profits, Meritage Homes remains undervalued with strong fundamentals and a favorable market outlook. Revenue and profits have increased due to higher home closures, although average home prices have dropped, reflecting reduced costs and high interest rates.

Meritage Homes Corporation MTH stock has been rallying of late, gaining 8.8% over the past month. This Scottsdale, AZ-based company's shares have also performed a little better than the Zacks Building Products - Home Builders industry's 8.4% rise.

SCOTTSDALE, Ariz., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE: MTH), the fifth largest homebuilder in the U.S., today published its fourth annual environmental, social, and governance report (the “2023 ESG Report”), which outlines the Company's efforts and progress related to sustainability and social initiatives.

SCOTTSDALE, Ariz., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share. This dividend is payable on September 30, 2024 to shareholders of record as of the close of trading on September 16, 2024.