reviewing first-quarter results from M/I Homes MHO and Meritage Homes MTH , we've decided to keep our fair value estimates ..... inventory. On the basis of Wednesday's closing prices, Meritage trades about equal to its tangible book value, while
slowdown, homebuilders have been sold off to levels that make some of them buys , according to analyst Eric Landry. Meritage Homes MTH , for example, shed 26% in the quarter. However, Landry likes its Texas exposure, which provides steadiness
satisfy almost 3.5 years worth of production, significantly more than industry leaders like MDC Holdings MDC and Meritage Homes MTH . And when options are included, the count expands to almost seven years' worth of production, an amount we believe
Meritage Homes won't suffer as much as other builders during this downturn.
to $65 from $75 per share following Meritage 's MTH second-quarter report. Even though ..... each set second-quarter records for Meritage . Home closing units jumped 30% from ..... believe sales will slow considerably as Meritage contends with regional slumps in Florida
314 3,013 4,488 8,195 13,123 MTH 3,840 3,938 4,039 5,627 7,687 ..... 703 MDC 11,939 7,194 8,967 6,383 MTH 14,843 11,488 12,906 9,989 NVR 51 ..... procurement to sales. For instance, Meritage ( MTH ), has cut the time from sale to close
329 KBH $198 $208 $207 $236 $262 $278 LEN $235 $248 $247 $271 $292 $300 MDC $266 $273 $278 $303 $338 $354 MTH $250 $259 $238 $268 $304 $324 NVR $294 $293 $296 $338 $373 $399 PHM $250 $259 $258 $284 $322 $337 RYL ..... income earners have been more deeply affected by the current economic slowdown than those higher on the wage scale. Lately, Meritage has talked about stronger demand among move-up compared to first-time homebuyers. Amid tightened bank lending standards
Meritage MTH is starting to turn the corner after three years of net losses, though ..... higher. As a result, we are no longer providing equity research on Meritage Homes . We provide broad coverage of more than 1,700 companies across 91
We are placing Meritage Homes MTH under review as we transition coverage to a new analyst.
Meritage Homes ' MTH $43 million net profit in the fourth ..... improvement in gross profitability. Meritage 's adjusted gross margin on home sales ..... fourth quarter. The takeaway is that Meritage is on the verge of profitability in