Meritage Homes Releases Preliminary First Quarter 2020 Home Closings, Orders and Backlog
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: GlobeNewswire
SCOTTSDALE, Ariz., April 06, 2020 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today reported preliminary and unaudited home orders, closings and backlog for the first quarter of 2020. First quarter orders were up 23% year over year. Order cancellation rates were flat at 13% for the first quarter in both years, with an increase in March cancellations to 16% in 2020 over 12% in 2019 due to weakening business conditions in the latter half of March associated with the spread of the COVID-19 pandemic across the U.S. It is unclear how long these adverse conditions will persist or how they will impact future results. Preliminary Net Orders(unaudited)20202019Y/YJanuary 1,019 73838%February 1,126 74851%March 957 1,044-8%Total 1st Quarter3,1022,53023% Home closings totaled 2,316 for the first quarter of 2020, up 31% compared to 1,765 for the first quarter of 2019. Ending backlog totaled 3,568 units as of March 31, 2020, a 12% increase over t
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 Co. (NYSE: MTH) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.MarketBeat
- Meritage Homes (NYSE:MTH) Strong Profits May Be Masking Some Underlying Issues [Yahoo! Finance]Yahoo! Finance
- Meritage Homes Co. (NYSE: MTH) had its price target lowered by analysts at Keefe, Bruyette & Woods from $210.00 to $198.00. They now have a "market perform" rating on the stock.MarketBeat
- Goldman Sachs Unveils Top Conviction Stocks for November 2024 — Here's Why They Could Beat the S&P [Yahoo! Finance]Yahoo! Finance
- $29M land deal: Developer closes on 93 acres inside Raleigh Beltline. See what's coming [Yahoo! Finance]Yahoo! Finance
MTH
Earnings
- 10/29/24 - Beat
MTH
Sec Filings
- 10/31/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/16/24 - Form 3
- MTH's page on the SEC website