Last €30.53 EUR
Change Today +0.11 / 0.36%
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As of 2:08 AM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

meritage homes corp (MEY) Snapshot

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52 Week High
02/27/14 - €36.02
52 Week Low
05/7/14 - €27.12
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Current Stock Chart for MERITAGE HOMES CORP (MEY)

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meritage homes corp (MEY) Details

Meritage Homes Corporation is engaged in the designing and building single-family detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It offers a range of homes for various homebuyers, including first-time, move-up, active adult, and luxury. The company provides its homes under the Meritage Homes, Monterey Homes, and Phillips Builders names. It also offers title insurance and closing/settlement services for its homebuyers. The company primarily builds and sells its homes in Arizona, Texas, California, Colorado, Florida, North Carolina, South Carolina, and Tennessee. As of December 31, 2013, Meritage Homes Corporation offered its homes in 188 communities. The company was founded in 1985 and is based in Scottsdale, Arizona.

1,050 Employees
Last Reported Date: 02/19/14
Founded in 1985

meritage homes corp (MEY) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $1.0M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $525.0K
Compensation as of Fiscal Year 2013.

meritage homes corp (MEY) Key Developments

Meritage Homes Corporation Creates a New South Region to Be Based in Atlanta; Hires James Thrower to Lead the New Region as South Region President

Meritage Homes Corporation announced that the company has created a new South Region to be based in Atlanta. Initially, the region will include Meritage's recently acquired operations in Nashville, Tennessee, and the Atlanta and Greenville-Spartanburg markets to be added with the acquisition of Legendary Communities that was announced earlier this week. This will be the fourth operating region for Meritage Homes, in addition to the existing West, Central and East regions. James (Jay) Thrower has been hired to lead the new region as South Region President. Jay has more than 25 years of experience in the real estate and homebuilding industry, including 17 years of senior management positions with two other national homebuilders, where he was responsible for operations in Georgia and North and South Carolina.

Meritage Homes Corporation to Acquire Legendary Communities, Expanding its Southeast Operations

Meritage Homes Corporation announced its definitive agreement to acquire the homebuilding assets and operations of Legendary Communities for a purchase price of approximately $130 million. Both Atlanta and Greenville-Spartanburg will be new markets for Meritage, while Legendary's Charlotte operations will be combined into Meritage's existing division there.

Meritage Homes Corporation Presents at The Bank of America Merrill Lynch 2014 Housing Summit, Jun-11-2014

Meritage Homes Corporation Presents at The Bank of America Merrill Lynch 2014 Housing Summit, Jun-11-2014 . Venue: Bank of America Conference Center, 100 Federal Street, 2nd Floor, Boston, Massachusetts, United States.


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Price/Earnings 12.0x
Price/Sales 0.9x
Price/Book 1.7x
Price/Cash Flow 11.8x
TEV/Sales 0.2x

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