Company Profile
Updated: 17-SEP-09Meritage Homes Corp.
Public Company, Headquarters Location
17851 N 85th St., Ste. 300, Scottsdale, AZ 85255-6316, United States
(480)515-8100, (480)998-9162 fax, http://www.meritagehomes.com/
Primary SIC: Operative Builders, Primary NAICS: New Housing Operative Builders
Description: Meritage Homes Corporations was incorporated in 1988, as a real estate investment trust. However, through a merger in 1996, the company acquired the homebuilding operations of its business and currently focuses exclusively on homebuilding. It is no longer a REIT. Meritage Homes is headquartered in Scottsdale, AZ . Meritage Homes designs and builds single-family attached and detached homes. The homes are designed to appeal to a wide range of homebuyers, including first-time, move-up, luxury and active adult buyers. Its three main business segments are west, central and east. The company does business under the names Meritage Homes, Monterey Homes and Legacy Homes. Meritage Homes currently sells and builds homes in six states - California, Nevada, Arizona, Texas, Colorado and Florida. In addition to homebuilding and designing, Meritage Homes also participates in joint ventures with third parties relating to the purchase and development of land. The company also helps home buyers find the financing they need through joint ventures with mortgage brokers.Construction: Design, builds and sells single-family luxury homes.
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SPDR[R] S&P[R] Homebuilders ETF Announces Changes to Portfolio Composition and Purchases and Redemptions of Creation Units.
Investment Weekly News; 12/19/2009; 1261 words; ...that the weighting of Meritage Homes will be reduced...portfolio weighting in Meritage Homes Corp. This change in the...reduced weighting of Meritage Homes in its portfolio until...Index represents the home building sub-industry...
Shares of homebuilders rise on pending home sales
AP Online; 12/1/2009; 774 words; ...to $4.05; Lennar Corp.'s stock rose 36 cents...percent, to $13.03; Meritage Homes Corp. added 24 cents, or...to $30.36. Pulte Homes Inc. edged up 25 cents...trade at $9.39 and KB Home's shares climbed 35...
S&P ups outlook on Meritage Homes Corp.
ADP Debt News; 11/25/2009; 427 words; ...credit rating on US homebuilder Meritage Homes Corp (NYSE:MTH) and upgraded its...improved recovery prospects after Meritage chose to end its USD 150 million...The recovery rating of 6 on Meritage's USD 125 million of subordinated...
Sector Snap: Homebuilders gain on home sales data
AP Online; 11/23/2009; 1038 words; ...to $4.12; Lennar Corp. edged up 10 cents to...55; Standard Pacific Corp. rose 6 cents, or 1.9 percent, to $3.24; Meritage Homes Corp. added 45 cents, or...to $18.65; M/I Homes Inc. gained 32 cents...cents to $19.83; KB Home shares were down 16 cents...
Sector Snap: Homebuilders follow Pulte higher
AP Online; 11/18/2009; 1061 words; ...and help Americans buy homes. Homebuilder stocks...cents to $4.27; KB Home added 80 cents to $15...35; Standard Pacific Corp. edged up 4 cents to...Ryland Group Inc., Meritage Homes Corp., M/I Homes Inc...
Recent News Articles
- Johnson & Johnson (JNJ) Credit Spreads, Meritage Homes Corporation (MTH) Puts, and Trading Market Integrity - www.ONN.tv Reports.
PR Newswire - July 09, 2009 - Event Brief of Q4 2008 Meritage Homes Corporation Earnings Conference Call - Final.(Broadcast transcript)
Fair Disclosure Wire - January 29, 2009 - Meritage Homes Corporation at UBS Building and Building Products Sixth Annual CEO Conference - Final.(Broadcast transcript)
Fair Disclosure Wire - November 11, 2008 - Q3 2008 Meritage Homes Corporation Earnings Conference Call - Final.(Broadcast transcript)
Fair Disclosure Wire - October 28, 2008
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