“We’re expecting a robust recovery in all the housing market indicators over the late spring and summer,” says one economist.

Market watchers are amazed at the stock market's nearly vertical ascent in the post-Covid-19 crash market. Homebuilders, including highly rated Meritage Homes, are seeing their business shoot up. On Wednesday Meritage saw its stock Relative Strength Rating jump to 81 from 78.

Meritage Homes Corporation (MTH), a leading U.S. homebuilder, announced today that, due to the ongoing public health impact of COVID-19 and to support the health and safety of its stockholders and employees, the 2020 Annual Meeting of Stockholders (the “Annual Meeting”) of Meritage Homes Corporation will now be held in a virtual format only. Stockholders will not be able to attend the Annual Meeting in person. As described in the proxy materials for the Annual Meeting filed with the Securities and Exchange Commission (the “SEC”) on March 26, 2020, stockholders as of the close of business on March 25, 2020, the record date, or those holding a legal proxy for the meeting provided by their bank, broker, or nominee are entitled to vote at the Annual Meeting.

SCOTTSDALE, Ariz., April 28, 2020 -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, reported first quarter results for the period ended March 31, 2020..

What happened Shares of major homebuilders have soared today after the National Association of Home Builders (NAHB) released its NAHB Housing Market Index (HMI), which showed an uptick in sentiment for May.

It is hard to get excited after looking at Meritage Homes' (NYSE:MTH) recent performance, when its stock has declined...

Positive results out of D.R. Horton lifted all its fellow homebuilders.

Big housing companies have been seeing order cancellations. However, still-open construction sites that add to the inventory and lower rates may perk up homebuying once the crisis is over.

Meritage Homes Corporation (MTH) management will be presenting virtually to investors at the J.P. Morgan Homebuilding & Building Products Conference on May 18, 2020 at 1:30 PM Eastern Daylight Time (EDT). The event will be webcast live and may be accessed through the Investor Relations page of the Meritage Homes website http://investors.meritagehomes.com or directly at https://jpmorgan.metameetings.net/events/homebuilding20/sessions/31436-meritage-homes/webcast. Participants should access the webcast event page at least five minutes before the live event for the audio link and any accompanying materials.

Tim Rood, Former Fannie Mae Executive and SitusAMC Managing Director, joins Yahoo Finance’s Seana Smith to break down April existing home sales data.

Meritage Homes' (MTH) first-quarter results reflect solid home closing revenues, gross margins and overhead leverage. However, coronavirus-induced shutdown weighs on the results.

MTH earnings call for the period ending March 31, 2020.

The homebuilding sector has suffered a lot amid COVID-19 and is likely to see meaningful sales and price decline ahead. However, credit conditions and valuations are cheaper.

New home sales edge higher in April with easing of lockdowns in the country. Is this an indication of revival in housing?

Meritage Homes Corporation (MTH) announced orders for the month of April totaled 775 in 2020 compared to 916 in 2019, net of cancellations equating to 20% of gross orders in 2020 and 11% in 2019. The update was provided in advance of virtual meetings with investors at the J.P. Morgan Homebuilding & Building Products Conference this week. Meritage provides all of that and more with the ability to shop online, see our inventory of homes available for quick move-in, get pre-qualified and even do virtual tours before ever visiting our communities physically.

Just hours after D.R. Horton posted its analyst-thumping sales and earnings results for its fiscal second quarter of 2020 yesterday, smaller homebuilder Meritage Homes (NYSE: MTH) had some good news of its own to share. Reporting after close of trading Tuesday, Meritage said its fiscal first-quarter earnings (the two companies operate on different calendars) were far better than the $1.28 per share analysts had predicted. In fact, earning $1.83 per share on sales of $890.4 million, Meritage beat earnings by 43%, and beat on sales as well.

Moody's Investors Service (Moody's) affirmed Meritage Homes Corporation's (Meritage) Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating, and the Ba2 rating on the company's senior unsecured notes of various maturities. The rating affirmations reflect Meritage's strong market positioning within entry-level and first move-up homebuyer categories, favorable demographic fundamentals given the large population of millennials, and the company's strong balance sheet and financial flexibility that will help weather the weaker demand environment caused by the coronavirus outbreak. The stable outlook reflects Moody's expectation that Meritage will operate conservatively, and maintain a good liquidity profile over the next 12 to 18 months.

Q1 2020 Meritage Homes Corp Earnings Call

Shareholders in Meritage Homes Corporation (NYSE:MTH) may be thrilled to learn that the analysts have just delivered a...

Meritage Homes, the seventh-largest public homebuilder in the U.S., was named the winner of the Avid Diamond Award, Avid Gold Award and Avid Benchmark Award across nine separate divisions, making the eighth straight year of award-winning recognition for the company. Homebuilders throughout the North America are honored with the prestigious awards for scoring highest with their customers on homebuying experience surveys. Every homebuyer survey in Avid’s database is meticulously analyzed to determine each builder’s Avid Index Score, which is evaluated using scores from the total homebuying experience, the willingness to refer, and the actual number of recommendations a buyer has made.