MTH Stock Recent News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here is how Meritage Homes (MTH) and Owens Corning (OC) have performed compared to their sector so far this year.

Meritage Homes Corporation (NYSE:MTH ) Q2 2023 Earnings Conference Call July 28, 2023 11:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations Steve Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Paul Przybylski - Wolfe Research Michael Rehaut - JPMorgan Alan Ratner - Zelman & Associates Spencer Kaufman - UBS Alex Barron - Housing Research Center Carl Reichardt - BTIG Joe Ahlersmeyer - Deutsche Bank Charles Perron - Goldman Sachs Operator Greetings, and welcome to the Meritage Homes Second Quarter 2023 Analyst Call. [Operator Instructions] Please note that this conference is being recorded.

Meritage Homes' (MTH) second-quarter results reflect lower gross margin and overhead leverage woes.

The headline numbers for Meritage (MTH) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

JHX, MTH and RYI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 30, 2023.