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Stock impact report

Meritage Homes Corporation: Demand Is Still The Problem [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
Community count hit an all-time high, and inventory management improved, reducing downside risk and limiting forced discounting pressures. MTH is shifting to a more disciplined incentive strategy, prioritizing margin protection over chasing volume in weaker markets. Despite operational positives, weak absorption, low backlog visibility, and a 12x forward earnings multiple make upside difficult to justify. MoMo Productions/DigitalVision via Getty Images Investment Overview I wrote about Meritage Homes Corporation ( MTH ) previously with a reiteration of my hold rating, as the earnings growth outlook doesn't look great given the cut in land spend and MTH's reliance This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for Show less Read more
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