$29M land deal: Developer closes on 93 acres inside Raleigh Beltline. See what's coming [Yahoo! Finance]
Meritage Homes Corporation (MTH)
Last meritage homes corporation earnings: 4/28 04:30 pm
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Source: Yahoo! Finance
Arizona-based Meritage Homes has purchased 93 acres of mostly forested land at 6515 Buffaloe Road in Northeast Raleigh, according to Wake County records. The assemblage is permitted for 641 homesites. It's also part of Buffaloe Reserve , a new 212-acre master-planned community at the northwest corner of Buffaloe Road and Interstate 540, just a 20-minute drive to downtown Raleigh. The sellers, Suncrest , acquired the entire property — including some 2,000 feet along the Neuse River — for $12 million in 2022, The Triangle Business Journal first reported. It's zoned for up to 1,100 single-family homes and multi-family units. Suncrest, with JPM South and Timmons Group, said it has spent the last two years working with the city of Raleigh's planning and engineering departments to secure final approvals. It's expected to break ground in late 2024, according to its website . Planned amenities include a clubhouse and pool. Apart from the sale to Meritage, Suncrest said it will reta
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MTH
News
- Should You Think About Buying Meritage Homes Corporation (NYSE:MTH) Now? [Yahoo! Finance]Yahoo! Finance
- 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
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