Meritage Homes Is A Good Long-Term Buy Trading Below Its Book Value [Seeking Alpha]
Meritage Homes Corporation (MTH)
Last meritage homes corporation earnings: 4/28 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.meritagehomes.com
Company Research
Source: Seeking Alpha
Summary While coronavirus is likely to impact housing demand in the short term, interest rate reduction by Federal Reserve is a long-term positive for the housing sector. Meritage Homes has benefited from its focus on affordable entry level and first move up segment. After success of LiVE.NOW offering for the entry-level homes, the company has launched Studio M offering for first move up segment, which is receiving good initial response. The company has a strong balance sheet which can help it weather any slowdown from coronavirus impact. Stock is trading below its tangible book value. Stock markets have corrected meaningfully in the short span of time, and Federal Reserve is responding with interest rate cuts and massive liquidity injection. While fear due to coronavirus and people going into self-quarantine might cause some more pain in the short term for businesses, it also is sowing seeds for the next bull run. After dot com crash and September 9/11 attacks, Federal Reserve respon
Show less
Read more
Impact Snapshot
Event Time:
MTH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTH alerts
High impacting Meritage Homes Corporation news events
Weekly update
A roundup of the hottest topics
MTH
News
- Meritage Homes Gives $3.3 Million In 2024 To Support Communities Nationwide [Yahoo! Finance]Yahoo! Finance
- Meritage Homes Gives $3.3 Million In 2024 To Support Communities NationwideGlobeNewswire
- Meritage Homes Co. (NYSE: MTH) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Meritage Homes Co. (NYSE: MTH) had its "neutral" rating re-affirmed by analysts at JPMorgan Chase & Co.. They now have a $197.00 price target on the stock, down previously from $220.00.MarketBeat
- An Intrinsic Calculation For Meritage Homes Corporation (NYSE:MTH) Suggests It's 33% Undervalued [Yahoo! Finance]Yahoo! Finance
MTH
Earnings
- 10/29/24 - Beat
MTH
Sec Filings
- 11/27/24 - Form 4
- 11/21/24 - Form 4
- 10/31/24 - Form 10-Q
- MTH's page on the SEC website