About
About Meritage Corporation
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
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5 years, 4 months ago
Meritage Homes Corporation is currently in a long term downtrend where the price is trading 3.2% below its 200 day moving average.
From a valuation standpoint, the stock is 99.1% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.8.
Meritage Homes Corporation's total revenue rose by 24.0% to $1B since the same quarter in the previous year.
Its net income has increased by 47.2% to $153M since the same quarter in the previous year.
Finally, its free cash flow fell by 12.3% to $152M since the same quarter in the previous year.
Based on the above factors, Meritage Homes Corporation gets an overall score of 3/5.