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home / news releases / MTH - Meritage Homes: Amazing Orders Growth With Good Visibility Ahead

MTH - Meritage Homes: Amazing Orders Growth With Good Visibility Ahead

Meritage Homes Corporation

2024-02-07 22:34:45 ET

Summary

  • MTH reported strong demand with orders growing 60% in 4Q23 and visibility going as far as 6 months out.
  • Meritage Homes' focus on affordability should aid it in capturing demand.
  • Despite cautious gross margin guidance for FY24, potential rate cuts in 2024 could lead to a guidance beat as the cost of home purchase decreases.

Investment overview

For further details see:

Meritage Homes: Amazing Orders Growth With Good Visibility Ahead
Stock Information
Company Name: Meritage Homes Corporation
Stock Symbol: MTH
Market: NYSE
Website: meritagehomes.com
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