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Meritage Homes Corporation (MTH)

NYSE - NYSE Delayed Price. Currency in USD
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84.31+2.16 (+2.63%)
At close: 4:00PM EST
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  • W
    Whognu
    This home builder seems posed for a move up. Any thoughts from those that have some good information about the company?
    Bullish
  • D
    Drive
    Ok I have to chime in... Surprised by the dramatic pull back today. Seems overdone. Especially w housing in totality. They seemed over cautious on the conference call about 2021.
    Thoughts on 21 from anyone ?
  • D
    Darrell
    The only “negative” was that the guidance is for revenues in 2021 to be the same as 2020, so no growth.... Seems a bit much to drop like this though...
    Neutral
  • D
    Darrell
    Anticipated revenues for 2021, from the ER from the company, estimated at $4.2 to $4.6 billion which is what it was in 2020. I assume that’s why it’s going down, revenues anticipated to be flat so no growth...
    Neutral
  • H
    Hasvant
    I call this profit taking for those who were sitting on good profit. Results are good and the forecast 2021 is good as well, except EPS which all depends on which one you use. Statutory EPS is expected at 12.97 which is an increase of some 15%. Revenue growth YoY is expected to rise by 16%. Consensus target price is 118.
  • M
    Matthew
    Why anybody would complain about a pullback on better than expected earnings is beyond me. Do your due diligence, and buy discounted prices.
    Bullish
  • Z
    ZScott
    Ave daily volume is 500k shares, and yet, at the end of the day, in the last 5 min., 100k shares are sold.
    Who waits that long to liquidate, if they are disappointed in the Earnings report?
    1,500k shares traded today, 3X Daily Ave.
    I imagine there was some Short action taking place as well.
    I held....

    IMHO
  • Y
    Yahoo Finance Insights
    Meritage Homes is up 6.05% to 90.34
  • D
    Drive
    Quiet chat board. That's a good thing on yahoo finance
  • s
    stocktargetadvisor
    $MTH
    Downgrades BTIG Research Neutral
    Downgrades Bank of America Neutral USD 121 » USD 103
  • W
    William
    Heard a piece on CNBC about homebuilders and they were talking about rising interest rates hurting them. Wait what? Rates are at historic lows. Even if they go up a full point from here rates are still really low!
  • Y
    Yahoo Finance Insights
    Meritage Homes is down 6.59% to 80.35
  • Y
    Yahoo Finance Insights
    Meritage Homes is down 6.53% to 87.21
  • K
    KB
    Boom is right - this will fly tomorrow!
    Bullish
  • R
    Rueben
    2019 will be a tough year for Meritage

    With home builders already under immense pressure due to rising interest rates and labor/material costs, Meritage has decided to move away from their “a la carte” design model. Buyers will now be forced to choose between nine collections in their StudioM design center. The collections include the flooring, carpet, cabinet, tile, counter top and paints colors. They cannot be changed or co-mingled with colors/patterns from other collections.

    After visiting the design center last week, I personally witnessed three couples arguing with design representatives stating they did not like all of the colors in the collection. I spoke with one visibly upset couple and the wife stated the new design model was a “deal breaker”. One collection had the floor color she liked, while another had the tile color she wanted. The design representative continued to repeat “this is how cars are sold” and the new system is “easier for Meritage”. The lady replied “a four hundred and seventy five thousand dollar home is not a car”. They walked out. We too struggled with this problem for about a week before signing a contract with another builder.

    Business rule #1:
    1) Service your customer, listen to their needs, and deliver what they want. If you do not, someone else will.

    Can you imagine a neighborhood of 500 Meritage homes and each interior is one of nine? LOL. I’ve been picking up battered stocks as of late, and although Meritage is somewhat on sale, I believe more pain is in store for them in 2019.
  • W
    William
    so now this is getting crushed because there is a vaccine on the way? does that mean people stop buying homes????
  • K
    Karming
    Can somebody tell me why this stock isn't doing better?
  • Y
    Yahoo Finance Insights
    Meritage Homes is up 6.09% to 90.09
  • Y
    Yahoo Finance Insights
    Meritage Homes is down 5.47% to 94.78
  • c
    craig
    2,8 Million shares are short SWEET all time high list by Friday I THINK GOD WILLING