MTH News and Press, Meritage Homes Corporation From 11/17/20

2020 has been a great year for many homebuilder stocks. Even with the economy -- and millions of Americans -- still struggling from the coronavirus recession, home sales have surged this year. Some of the biggest winners include D.R. Horton (NYSE: DHI) , LGI Homes (NASDAQ: LGI...

SCOTTSDALE, Ariz., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Meritage Homes , the seventh-largest homebuilder in the U.S., today announced an industry-first expansion to its healthy home construction offerings. Meritage Homes has already begun installing MERV-13 filters standard in all its new ...

U.S. equity markets climbed to record-highs this past week on positive trial results for a COVID-19 vaccine, a potentially major breakthrough hailed as a "great day for science and humanity." Adding to its 7% post-election surge, the S&P 500 gained 2.3% this past week to...

Shares of residential mortgage lender PennyMac Financial Services (NYSE: PFSI) and homebuilders/financers D.R. Horton (NYSE: DHI) and Meritage Homes (NYSE: MTH) all fell by more than 10% in October, according to data provided by S&P Global Market Intelligence ...

U.S. equity markets surged by the most since April on an election week rally fueled by the mounting prospects of a divided government after the "Blue Wave" failed to materialize. Rebounding from their worst week since March, the S&P 500 surged by 7.2% this past week while the Dow ...

Flying under-the-radar during Election season, a frenzy of real estate earnings reports over the last three weeks have provided critical information on the state of the commercial real estate sector. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FF...

The looming election has been weighing on homebuilder stocks over in the latter half of October, writes Wells Fargo analyst Truman Patterson."We believe election outcome results, potential changes in future tax policy, fiscal stimulus concerns and rising rates are in control of equity perform...

U.S. equity markets plunged by the most since March this week as a strong slate of economic data and corporate earnings was overwhelmed by pre-election jitters and amplified coronavirus concerns. A cascading wave of lockdowns across Europe rattled global equity markets while narrowing...

Did the rent get paid? We're at the halfway-point of another newsworthy REIT earnings season. Results thus far have been better-than-expected as dividend cuts have given way to dividend boosts. After 63 equity REITs and 32 mortgage REITs cut dividends in Q2, just three REITs have anno...

2020 has seen demand for homes skyrocket as many work-from-home urban workers move to suburbia and mortgage rates collapse. The spike in demand has come with a dearth of existing and new home inventory, leading to higher sales prices and stronger margins for developers. The boom m...