Demand and volumemixed · 5 filings
“The East Region ended the second quarter of 2026 with 765 homes in backlog valued at $270.0 million, down 4.3% and 7.6%, respectively, due to lower order volume and ASP.”10-Q · Jul 31, 2026 ↗
Meritage Homes Corporation
MTH
Market read
Meritage Homes Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 10 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
Company+3.7% todayVolume comparison unavailable
Market group0 of 10 activeConsumer Demand Sensitivity · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Orders pace declined 25.6%, which materially reduced home orders and backlog despite a rise in average active communities.
- Average selling price (ASP) on orders declined (examples: 3.8% reduction on six‑month orders), attributed to incremental incentives in markets with aged inventory.
Invalidation: The isolated read changes if MTH's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 10 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Orders pace declined 25.6%, which materially reduced home orders and backlog despite a rise in average active communities.
- Average selling price (ASP) on orders declined (examples: 3.8% reduction on six‑month orders), attributed to incremental incentives in markets with aged inventory.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods0
Price observations328
Usable filing statements145
Verified relationships0
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Demand and volume has repeated adverse evidence across 5 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 11, 2026
64.256m+2.3%12m-18.2%24m—
What management says matters
Persistent and emerging business drivers
Credit and interest ratesmixed · 1 filings
“There were no material interest charges resulting from intraperiod borrowings during the years ended December 31, 2025, 2024, and 2023.”10-K · Feb 13, 2026 ↗
Restructuring and cost reductionsnegative · 1 filings
“For the year ended December 31, 2025, general and administrative expenses of $211.8 million decreased $19.1 million from $230.9 million in the prior year, as a result of lower performance-based compensation expense, which was partially offset by increased spe…”10-K · Feb 13, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales — · EV/sales —. Comparisons use only industry-matched filing peers.
Scenario scaffold
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
64.25+3.7% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for MTH. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for MTH. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind MTH
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
MTH is currently a Early Follower in the organic co-movement group Consumer Demand Sensitivity. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
This group is retained as the last observed read for MTH; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.