Meritage Homes Corp

More Details of Meritage Homes Corp Company

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. The Company’s 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. It has operations in three regions: West, Central and East, which are comprised of 12 states: Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding segments. The financial services segment offers title and escrow, mortgage, and insurance services. Its financial services operations also provide mortgage services to its homebuyers through an unconsolidated joint venture. The Company’s homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets.

Company Info

Company codeMTH

Company nameMeritage Homes Corp

IPO dateJul 21, 1988

Founded at1988

CEOMr. Phillippe Lord

Number of employees1898

Security typeOrdinary Share

Fiscal year-endJul 21

Address18655 North Claret Drive

CitySCOTTSDALE

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code85255

Phone14805158100

Websitehttps://www.meritagehomes.com/

Company codeMTH

IPO dateJul 21, 1988

Founded at1988

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Steven J. Hilton

Executive Chairman of the Board

831.24K

+5.93%

Mr. Phillippe Lord

Chief Executive Officer, Director

228.27K

-3.93%

Mr. Dana C. Bradford

Independent Director

123.50K

+1.48%

Ms. Deborah Ann Henretta

Independent Director

49.23K

+3.79%

Mr. Clinton (Clint) Szubinski

Chief Operating Officer, Executive Vice President

47.78K

-21.80%

Mr. Javier Feliciano

Chief People Officer, Executive Vice President

36.28K

-12.40%

Mr. Peter L. Ax

Lead Independent Director

34.56K

-10.84%

Mr. Louis E. Caldera

Independent Director

10.20K

-1.92%

Mr. Dennis V. Arriola

Independent Director

7.20K

-30.77%

Ms. Erin N. Lantz

Independent Director

3.95K

+426.67%

Name

Name/Position

Position

Shareholding

Change

Mr. Steven J. Hilton

Executive Chairman of the Board

831.24K

+5.93%

Mr. Phillippe Lord

Chief Executive Officer, Director

228.27K

-3.93%

Mr. Dana C. Bradford

Independent Director

123.50K

+1.48%

Ms. Deborah Ann Henretta

Independent Director

49.23K

+3.79%

Mr. Clinton (Clint) Szubinski

Chief Operating Officer, Executive Vice President

47.78K

-21.80%

Mr. Javier Feliciano

Chief People Officer, Executive Vice President

36.28K

-12.40%

Revenue Breakdown

FY2024Q1

No Data

By RegionUSD

Name

Revenue

Proportion

East

525.20M

0.00%

West

515.63M

0.00%

Central

427.56M

0.00%

By Business

By Region

No Data

Shareholder

Update time: Sun, Feb 23

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

BlackRock Institutional Trust Company, N.A.

15.37%

The Vanguard Group, Inc.

11.32%

State Street Global Advisors (US)

5.11%

Dimensional Fund Advisors, L.P.

4.20%

Citadel Advisors LLC

2.38%

Other

61.61%

Shareholder Statistics

Shareholder

Proportion

BlackRock Institutional Trust Company, N.A.

15.37%

The Vanguard Group, Inc.

11.32%

State Street Global Advisors (US)

5.11%

Dimensional Fund Advisors, L.P.

4.20%

Citadel Advisors LLC

2.38%

Other

61.61%

Type

Shareholder

Proportion

Investment Advisor/Hedge Fund

44.57%

Investment Advisor

38.45%

Hedge Fund

8.54%

Research Firm

3.38%

Individual Investor

2.28%

Sovereign Wealth Fund

1.98%

Pension Fund

1.60%

Bank and Trust

1.14%

Venture Capital

0.01%

Institutional Shareholding

Update time: Tue, Mar 4

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

849

73.53M

102.36%

-7.55M

2024Q4

855

74.57M

103.89%

-6.30M

2024Q3

825

76.04M

105.08%

-4.38M

2024Q2

804

74.96M

103.20%

-7.90M

2024Q1

772

75.44M

103.85%

-7.80M

2023Q4

771

77.22M

105.91%

-6.49M

2023Q3

740

77.11M

104.87%

-8.37M

2023Q2

735

79.76M

108.48%

-3.70M

2023Q1

695

77.05M

104.78%

-4.64M

2022Q4

695

74.64M

102.03%

-7.61M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

BlackRock Institutional Trust Company, N.A.

11.04M

15.39%

+54.75K

+0.50%

Dec 31, 2024

The Vanguard Group, Inc.

8.13M

11.33%

+53.78K

+0.67%

Dec 31, 2024

State Street Global Advisors (US)

3.67M

5.12%

+126.10K

+3.55%

Dec 31, 2024

Dimensional Fund Advisors, L.P.

3.02M

4.21%

-79.56K

-2.57%

Dec 31, 2024

Citadel Advisors LLC

1.71M

2.38%

+53.17K

+3.22%

Dec 31, 2024

Geode Capital Management, L.L.C.

1.67M

2.32%

-8.88K

-0.53%

Dec 31, 2024

Greenhaven Associates, Inc.

1.43M

2%

-43.66K

-2.95%

Mar 31, 2025

Fisher Investments

1.39M

1.93%

-67.26K

-4.63%

Dec 31, 2024

EARNEST Partners, LLC

1.38M

1.93%

-10.78K

-0.77%

Dec 31, 2024

Norges Bank Investment Management (NBIM)

1.32M

1.84%

+14.77K

+1.13%

Dec 31, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

SPDR S&P Homebuilders ETF

3.02%

Invesco S&P SmallCap Consumer Discretionary ETF

2.54%

Invesco MSCI Green Building ETF

2%

North Shore Equity Rotation ETF

1.96%

iShares U.S. Home Construction ETF

1.78%

FT Vest SMID Rising Dividend Achievers Tgt In

1.52%

Hoya Capital Housing ETF

1.27%

Invesco MSCI Sustainable Future ETF

1.25%

Euclidean Fundamental Value ETF

1.2%

Direxion Daily Homebuilders & Supplies Bull 3X Shs

1.02%

SPDR S&P Homebuilders ETF

Proportion3.02%

Invesco S&P SmallCap Consumer Discretionary ETF

Proportion2.54%

Invesco MSCI Green Building ETF

Proportion2%

North Shore Equity Rotation ETF

Proportion1.96%

iShares U.S. Home Construction ETF

Proportion1.78%

FT Vest SMID Rising Dividend Achievers Tgt In

Proportion1.52%

Hoya Capital Housing ETF

Proportion1.27%

Invesco MSCI Sustainable Future ETF

Proportion1.25%

Euclidean Fundamental Value ETF

Proportion1.2%

Direxion Daily Homebuilders & Supplies Bull 3X Shs

Proportion1.02%

Dividend

A total of 148.12M USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Feb 20, 2025

MTH.NB Interim Cash Dividend of gross USD 0.43 paid on Mar 31, 2025 going ex on Mar 17, 2025

Mar 17, 2025

Mar 31, 2025

Mar 17, 2025

Nov 21, 2024

MTH.NB Final Cash Dividend of gross USD 0.75 paid on Dec 31, 2024 going ex on Dec 17, 2024

Dec 17, 2024

Dec 31, 2024

Dec 17, 2024

Aug 29, 2024

MTH.NB Interim Cash Dividend of gross USD 0.75 paid on Sep 30, 2024 going ex on Sep 16, 2024

Sep 16, 2024

Sep 30, 2024

Sep 16, 2024

May 16, 2024

MTH.NB Interim Cash Dividend of gross USD 0.75 paid on Jun 28, 2024 going ex on Jun 14, 2024

Jun 14, 2024

Jun 28, 2024

Jun 14, 2024

Feb 22, 2024

MTH.NB Interim Cash Dividend of gross USD 0.75 paid on Mar 29, 2024 going ex on Mar 14, 2024

Mar 15, 2024

Mar 29, 2024

Mar 14, 2024

Nov 16, 2023

MTH.NB Final Cash Dividend of gross USD 0.27 paid on Dec 29, 2023 going ex on Dec 14, 2023

Dec 15, 2023

Dec 29, 2023

Dec 14, 2023

Aug 23, 2023

MTH.NB Interim Cash Dividend of gross USD 0.27 paid on Sep 29, 2023 going ex on Sep 14, 2023

Sep 15, 2023

Sep 29, 2023

Sep 14, 2023

May 18, 2023

MTH.NB Interim Cash Dividend of gross USD 0.27 paid on Jun 30, 2023 going ex on Jun 14, 2023

Jun 15, 2023

Jun 30, 2023

Jun 14, 2023

Feb 17, 2023

MTH.NB Interim Cash Dividend of gross USD 0.27 paid on Mar 31, 2023 going ex on Mar 14, 2023

Mar 15, 2023

Mar 31, 2023

Mar 14, 2023

Stock Split

Date

Type

Ratio

Nov 25, 2024

Split

1>2

Date

Type

Ratio

Nov 25, 2024

Split

1>2

68.100USD

Meritage Homes Corp

68.100

Overview

Company