MTH Stock Recent News
MTH LATEST HEADLINES
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.
Meritage (MTH) reported earnings 30 days ago. What's next for the stock?
With the broader market starting to stabilize and rebound, here are three highly-ranked construction stocks to consider after being added to the Zacks Rank #1 (Strong Buy) list this week.
RCL, MTH and KNF made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 8, 2024.
MTH made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 8, 2024.
MTH, ULS, KRYS, RCL and DRVN have been added to the Zacks Rank #1 (Strong Buy) List on August 8, 2024.