Iconic Trinity Broadcasting building may be demolished to make way for 146 residential units [Los Angeles Times (CA)]
Meritage Homes Corporation (MTH)
Last meritage homes corporation earnings: 4/28 04:30 pm
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Source: Los Angeles Times
to make way for housing, if plans preliminarily reviewed by elected officials Tuesday are sanctioned by the city. The City Council Tuesday screened a proposal to build 126 attached townhomes and 20 detached single-family residences on the 6.1-acre site at 3150 Bear St., a move that requires a rezoning of the parcel through a general plan amendment and a change in land use. Representatives of MLC Holdings, Inc., a subsidiary of the Arizona builder Meritage Homes, shared their vision of the project, which would provide “missing middle housing” for first-time buyers seeking to transition from renting to ownership but who may not be able to afford a single-family home. “In areas where land is very expensive, the way to help get that cost down is to bring up the density of the homes, so you can spread out the cost of the land as well as improvements to that land across a greater number of units,” said MLC director Johanna Crooker, who estimated a unit might sell for around $800,000.
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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