71.29 +0.43 (0.61%)
After hours: 4:28PM EST
|Bid||70.87 x 900|
|Ask||70.99 x 2200|
|Day's Range||70.74 - 72.45|
|52 Week Range||33.57 - 76.83|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||12.48|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||77.40|
Although a monthly sentiment indicator falls in November from a recent high, home builders are optimistic about the housing market given the lower mortgage rates.
While lower than the consensus estimate of 1.325 million starts among economists polled by MarketWatch expectations, housing starts were up 3.8% from a revised 1.266 million in September and 8.5% higher than the same month last year. Notably, building permits for privately-owning housing units were authorized at a seasonally-adjusted rate of 1.461 million. Economists had anticipated building permits to occur at a 1.390 rate.
It's been another pedal to the metal year for business in the Valley, in a region that continues to top the rest of the major U.S. markets for population migration and headlines every week about companies relocating to the region or expanding. Considering how much business activity has been generated this year, it was difficult for the Phoenix Business Journal editorial staff to come up with the 10 nominees for the 2019 Businessperson of the Year award, but we did come to a consensus. This year's nominees impacted not only their own business but their industry sector and the broader business community.
SCOTTSDALE, Ariz., Nov. 18, 2019 -- Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder, will host an Analyst Day in New York for investors and financial analysts.
Prominent housing stocks put up an impressive show in the recently-reported quarter. The industry players, with solid Zacks Ranks, hold potential despite subdued home sales.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
A series of land deals in recent weeks with more in the offing, involving several homebuilders, suggests there are plenty of new rooftops planned for what’s now being called Folsom Ranch.
The acquisition of William Lyon will expand Taylor Morrison's (TMHC) footprint in Pacific Northwest and Nevada, as well as increase its market share in Colorado, Arizona, Texas and California.
Meritage Homes Corporation (MTH) and Operation Homefront are joining together to thank a local military family for their dedication and service by presenting them with a brand-new, energy-efficient home as part of the Homes on the Homefront (HOTH) program. On November 7, timed with Veterans Day, U.S. Marine veterans Shandrika and Juval Shreves, along with their two children, will receive the keys to a brand new 1,933-square-foot home in Canton, Georgia. Through the Homes on the Homefront program, the Shreves will work with a financial counselor and a caseworker to build savings, reduce debt and build relationships in the community.
Aecom (ACM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Meritage Homes Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
PUNTA GORDA, Fla., Oct. 25, 2019 -- Meritage Homes, the seventh-largest public homebuilder in the U.S., today announced the official opening of its model home, the Osprey,.