Detail akcie Meritage Homes online

Business Summary: Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Meritage Homes Corp revenues increased 15% to $1.47B. Net income increased 42% to $186M. Revenues reflect Revenue increase of 11% to $6.4M. Net income benefited from Other income, net increase of 2% to $9M (income). Dividend per share increased from $0.27 to $0.75. Basic Earnings per Share excluding Extraordinary Items increased from $3.58 to $5.12.