NYSE:MTHConsumer Durables
Meritage Homes (MTH) Expands Credit Facility, Is The Stock Fully Priced?
Meritage Homes (MTH) recently amended its long running credit agreement, expanding its revolving credit facility to $980,000,000, extending the maturity to June 24, 2031, and adjusting key funding terms tied to SOFR.
See our latest analysis for Meritage Homes.
Set against this larger credit facility, Meritage Homes’ recent share price movement has been strong, with a 30 day share price return of 19.8% and a year to date gain of 23.6%, while the 1 year total shareholder return is 18.94%.
If...