MTH News and Press, Meritage Homes Corporation From 09/16/20

KB Home (NYSE: KBH )   gains 3.6%  after Evercore ISI analyst Stephen Kim upgrades the stock to Outperform from In-Line against a backdrop of what he calls "housing's golden age." More news on: KB Home, D.R. Horton, Inc., Lennar Corporation, Financial stocks news, Stocks on the ...

10 Undervalued Stocks With Great Potential For this top 10 list, I wrote a search algorithm that looked for stocks with the following characteristics: Low or fair valuations Above-average quality ratings High and stable growth prospects Strong financial health High consensus ra...

KB Home ( KBH ) is an entry level homebuilder with ~55% of its deliveries to first-time home buyers, ~22% of its deliveries to first move-up buyers and rest 23% to second move-up and active adult buyers combined. Recent Underperformance While most of the homebuilders are making new...

The housing market is hot. Some contributors are a surge in demand due to the coronavirus, record-low mortgage rates, and low supply of available housing. As a result, HD, LOW, MCD, LEN, and MTH outperformance is likely to continue until the end of the year. Even prior to the pandemic, mort...

U.S. home construction starts jumped 22.6% in July, the best gain since October 2016, as builders react to record low interest rates and a resilient economy by increasing residential building. Residential starts jumped to a 1.496 million annualized rate in July, according to U.S. Census data re...

Introduction I am a value investor who believes in the long-term ownership of good businesses purchased at attractive valuations. In my humble opinion and experience, this is the surest and perhaps most prudent way to build wealth through investing in the stock market. However, value investi...

Introduction Toll Brothers ( TOL ) is a high-end US homebuilder founded in 1967 and headquartered in Horsham, Pennsylvania. It develops largely self-contained communities with a clubhouse, and frequently a golf course that allow its residents to stay, work and play in a socially distant wo...

Things are finally lining up for the homebuilding sector, at long last. Builders entered this year with a massive supply/demand imbalance after years of underbuilding. The COVID-19 crisis has accelerated some trends that were already in place, and for some builders the last few months have been ...

Meritage Homes (MTH) recently reported strong second-quarter results, with its EPS of $2.38 beating consensus estimates by $0.85 and revenues of $1.03 bn beating consensus estimates by $147.54 mn. The company's second-quarter orders were up 32% y-o-y, and absorptions per community were up ...

Real Estate Weekly Outlook U.S. equity markets snapped a three-week winning streak as escalating tensions with China, mediocre corporate earnings reports, and continued pandemic-related uncertainty counterbalanced another slate of stellar housing data. Indications of stress in the global e...