Phillippe Lord - Meritage Chief Operating Officer, Executive Vice President

MTH Stock  USD 152.38  2.24  1.49%   

President

Mr. Phillippe Lord is Chief Operating Officer, Executive Vice President of the Company. He was Chief Operating Officer, Executive Vice President since April 2015. Prior to his appointment as Chief Operating Officer, Mr. Lord was Vice President of Strategic Operations from 2008 through 2012 and served as our Western Region President from 2012 through March 2015. since 2021.
Age 50
Tenure 3 years
Address 18655 North Claret Drive, Scottsdale, AZ, United States, 85255
Phone480 515 8100
Webhttps://www.meritagehomes.com

Latest Insider Transactions

2024-03-13Disposed of 2500 shares @ 162.79View
2023-12-01Disposed of 7000 shares @ 145.5View
2023-08-01Disposed of 1350 shares @ 149.03View

Meritage Management Efficiency

The company has Return on Asset of 0.093 % which means that on every $100 spent on assets, it made $0.093 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1726 %, implying that it generated $0.1726 on every 100 dollars invested. Meritage's management efficiency ratios could be used to measure how well Meritage manages its routine affairs as well as how well it operates its assets and liabilities. The Meritage's current Return On Tangible Assets is estimated to increase to 0.13. The Meritage's current Return On Capital Employed is estimated to increase to 0.23. As of now, Meritage's Other Assets are increasing as compared to previous years. The Meritage's current Total Current Assets is estimated to increase to about 6.3 B, while Intangible Assets are projected to decrease to under 23.1 M.
The company has 1.06 B in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. Meritage has a current ratio of 7.95, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Meritage until it has trouble settling it off, either with new capital or with free cash flow. So, Meritage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Meritage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Meritage to invest in growth at high rates of return. When we think about Meritage's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Rachel EatonLGI Homes
42
Michael TaylorTRI Pointe Homes
N/A
Liesel CooperCentury Communities
50
Adam HiebKB Home
N/A
Chris KellyLGI Homes
N/A
Jay ThrowerBeazer Homes USA
N/A
Keith BelknapBeazer Homes USA
66
Nicholas FranklinKB Home
46
Ryan KempKB Home
N/A
Albert PrawKB Home
75
Douglas MillerTaylor Morn Home
N/A
Vince DePorreKB Home
N/A
Thomas NortonKB Home
53
Joseph RiggsHovnanian Enterprises
N/A
Louis SteffensTaylor Morn Home
57
Mark ShermanTRI Pointe Homes
N/A
Brian WoramKB Home
63
Derek KlutchMI Homes
60
Thomas GrableTRI Pointe Homes
N/A
Matthew MandinoKB Home
56
Michael SniderLGI Homes
53
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. Meritage Corp operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1773 people. Meritage (MTH) is traded on New York Stock Exchange in USA. It is located in 18655 North Claret Drive, Scottsdale, AZ, United States, 85255 and employs 1,838 people. Meritage is listed under Household Durables category by Fama And French industry classification.

Management Performance

Meritage Leadership Team

Elected by the shareholders, the Meritage's board of directors comprises two types of representatives: Meritage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Meritage. The board's role is to monitor Meritage's management team and ensure that shareholders' interests are well served. Meritage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Meritage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven Hilton, Chairman of the Board, Chief Executive Officer
Richard Burke, Independent Director
Phillippe Lord, Chief Operating Officer, Executive Vice President
Louis Caldera, Independent Director
Brent Anderson, VP of Investor Relations
Elliot Mann, Southern President
Clint Szubinski, Chief Operating Officer, Executive Vice President, Secretary
Dana Bradford, Independent Director
Deborah Henretta, Independent Director
Raymond Oppel, Independent Director
Javier Feliciano, Chief Human Resource Officer, Executive Vice President
Steven Davis, COO and Executive VP
Joseph Keough, Independent Director
Timothy White, Executive VP, General Counsel and Secretary
Hilla Sferruzza, Chief Financial Officer, Executive Vice President, Chief Accounting Officer
Robert Sarver, Independent Director
Michael Odell, Independent Director
Peter Ax, Lead Independent Director
Alison Sasser, Corporate VP
Gerald Haddock, Independent Director
Larry Seay, CFO and Executive VP
Steve Hahn, President Division
Clinton Szubinski, Executive COO
Richard Harvey, Pres Operations
Emily Tadano, Vice Relations
Christopher Ryan, Pres Division
Malissia Clinton, General VP
C White, Executive Vice President General Counsel, Secretary
P Mooney, Independent Director

Meritage Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Meritage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Meritage Stock analysis

When running Meritage's price analysis, check to measure Meritage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meritage is operating at the current time. Most of Meritage's value examination focuses on studying past and present price action to predict the probability of Meritage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage's price. Additionally, you may evaluate how the addition of Meritage to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is Meritage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
1.08
Earnings Share
19.92
Revenue Per Share
167.625
Quarterly Revenue Growth
(0.17)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.