Summary
MTH Chart
FAQ
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Meritage Homes Corp Profile
| Residential Construction Industry | Consumer Cyclical Sector | Mr. Steven J. Hilton CEO | NYSE Exchange | US59001A1025 ISIN |
| US Country | 1,838 Employees | 17 Dec 2024 Last Dividend | 10 Jan 2005 Last Split | 20 Jul 1988 IPO Date |
Overview
Meritage Homes Corporation is an established homebuilding company that specializes in designing and constructing a wide range of single-family homes across the United States. Founded in 1985 and headquartered in Scottsdale, Arizona, the company serves a diverse clientele, focusing primarily on entry-level and first move-up buyers. Meritage Homes operates through two main business segments: Homebuilding and Financial Services. With a geographical footprint covering key states such as Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee, Meritage Homes has a pronounced presence in the American housing market. This strategic reach allows the company to leverage various market dynamics, tailoring its offerings to meet the evolving demands of its target customers.
Products and Services
- Homebuilding
Meritage Homes' core business revolves around the acquisition and development of land for the purpose of designing, constructing, marketing, and selling high-quality single-family attached and detached homes. Catering predominantly to entry-level and first move-up homebuyers, the company meticulously plans and develops communities that align with the preferences and budgets of its customer base. Through sustainable construction practices and innovative design, Meritage Homes aims to deliver value and satisfaction to homeowners in several key states across the U.S.
- Financial Services
Complementing its homebuilding operations, Meritage Homes offers an array of financial services designed to facilitate a smooth homebuying experience. This includes providing title and escrow services, mortgage financing options, insurance products, and closing/settlement services. By integrating these services into its business model, Meritage Homes streamlines the homebuying process, making it more convenient and accessible for its customers. These financial services are tailored to meet the specific needs of homebuyers, ensuring a comprehensive and hassle-free journey from initial interest to homeownership.
Contact Information
