MTH News and Press, Meritage Homes Corporation From 03/12/20

Real estate stocks plummeted across the board on Thursday, as fears that the COVID-19 coronavirus pandemic would drive the U.S. economy into a recession intensified. Shares of  Zillow (NASDAQ: Z) (NASDAQ: ZG) , Redfin (NASDAQ: RDFN) , Meritage Homes (NYSE: MTH) , Lennar (NYSE:...

SCOTTSDALE, Ariz., March 10, 2020 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, announced the appointment of P. Kelly Mooney to its Board of Directors as an independent director. Ms. Mooney brings to the Meritage Board more than twenty years of e...

Shares of  Meritage Homes (NYSE: MTH) fell nearly 15% on Monday, as the U.S. economy suffered more serious setbacks. Oil prices plummeted more than 20% after OPEC failed to reach a deal to reduce oil production. Many oil stocks plunged in response, amid widespread fear that lower oil ...

The U.S. Census Bureau released its monthly update on new residential home sales on February 26, reporting that new single-family home sales increased 18.6% from the year-ago period in January, and increased 8% from December, on a seasonally adjusted level.  At a seasonally adjusted rate o...

We have a positive outlook for the homebuilding sub-industry in 2020, based on the 30-year fixed rate mortgage now at 4.0% versus 5.0% in late 2018, suggests Kenneth Leon , an analyst with CFRA Research's The Outlook . Homebuilders have ample backlog to meet home deliveries for...

SCOTTSDALE, Ariz., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH) management will be speaking to investors in New York City at the Wells Fargo Real Estate Securities conference on February 25 and the Evercore ISI Annual Housing and Building Products Conference on M...

MELISSA, Texas, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Meritage Homes , the seventh-largest public homebuilder in the U.S., today announced the grand opening of The Quarry at Stoneridge, a new home community designed to appeal to first-time homebuyers. Priced from the low $280,000s, Meritage ...

Shares of homebuilders  D.R. Horton  (NYSE: DHI) ,  PulteGroup  (NYSE: PHM) , and  Meritage Homes  (NYSE: MTH) rose by double-digit percentages in January. The residential-housing companies rode a trend of improving housing-sector data throughout the month, and ...

Over the past few years,  Meritage Homes  (NYSE: MTH) has gradually shifted its focus away from "move-up" homes, and made entry-level housing its biggest business. This was a bold step by the company, already a top-10 homebuilder at the time, to shift away from a business model that ...

One day after Meritage Homes stock popped as much as 10% on a huge earnings beat on its fiscal fourth-quarter results, another homebuilder -- this time, Beazer Homes (NYSE: BZH) -- is tumbling twice that amount in response to... also an earnings beat!   Last night after close of tr...