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Home > Company Index > Real Estate > Residential Construction > Meritage Corporation

Meritage Corporation
NYSE: MTH
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 PROFILE
Meritage Corporation (formerly Monterey Homes) builds luxury and move-up homes worthy of merit. The company builds single-family "first-time" and move-up homes in Dallas, Houston, and Austin, Texas under the Legacy Homes name and in Sacramento and San Francisco as Meritage Homes of Northern California. In Phoenix and Tucson, the company builds semicustom luxury homes as Monterey Homes, and entry-level and move-up homes as Meritage Homes of Arizona. The company has gained operations in 10 Phoenix communities through the acquisition of privately owned Hancock Communities. Meritage also offers mortgage-banking services. Co-chairmen Steven Hilton and John Landon together own 30% of the company.

 COMPETITION
Capital Pacific Holdings, Inc. (CPH)
KB Home (KBH)
William Lyon Homes (WLS)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 522.30
1-Yr. Sales Growth: 51.8%
Employees: 360
Revenue per employee: $1,450,833.33

 KEY PEOPLE
• John R. Landon
    CEO
• Larry W. Seay
    CFO

 CONTACT INFO
6613 N. Scottsdale Rd., Ste. 200
Scottsdale, AZ 85250
US
Phone: 480-998-8700
Fax: 480-998-9162
Online: Web Site

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