MTH 📈 Meritage - Overview

Meritage Homes Corporation is a leading designer and builder of single-family homes in the United States, operating through two primary segments: Homebuilding and Financial Services. The company's Homebuilding segment focuses on acquiring and developing land, constructing homes, and marketing and selling properties to entry-level and first move-up buyers. This segment has a significant presence in several states, including Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee, allowing the company to cater to a diverse range of buyers across different regions.

The Financial Services segment complements the Homebuilding segment by providing a range of services to Meritage Homes' buyers, including title and escrow services, mortgage financing, insurance, and closing or settlement services. This integrated approach enables the company to offer a more comprehensive and streamlined home buying experience, making it easier for buyers to navigate the process from start to finish. By controlling more aspects of the home buying process, Meritage Homes can better manage costs, improve efficiency, and enhance customer satisfaction.

With a history dating back to 1985, Meritage Homes Corporation has established itself as a reputable and experienced player in the US homebuilding industry. Headquartered in Scottsdale, Arizona, the company has developed a strong presence in the market, with a website at https://www.meritagehomes.com providing detailed information on its products, services, and operations. As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol MTH, Meritage Homes Corporation's common stock is classified under the GICS Sub Industry of Homebuilding, with the ISIN code US59001A1025.