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Investor FAQs
1. What is Meritage Homes Corporation’s primary business? 
Meritage Homes Corporation designs, builds and sells a variety of homes across the Southern and Western states designed to appeal to a wide range of home buyers, including first-time, move-up, luxury and active adult buyers, with base prices starting from under $100,000. As of December 31, 2009, the Company had 153 actively selling communities in 12 metropolitan areas including Houston, Dallas/Ft. Worth, Austin, San Antonio, Phoenix/Scottsdale, Tucson, Las Vegas, Denver, Orlando, and the East Bay/Central Valley and Inland Empire of California. Meritage Homes and its predecessor companies have delivered more than 65,000 homes since the Company was founded in 1985.  The year 2010 marks the 25th Anniversary of Meritage Homes Corporation, the 9th largest homebuilder in the U.S. based on homes closed.

2. When did Meritage Homes Corporation become publicly traded?
The Company began trading on January 2, 1997 under the name Monterey Homes. In the same year, Monterey Homes combined with Legacy Homes and in 1998, adopted the name Meritage.

3. What is the Company’s stock symbol?
Meritage is traded on the NYSE under the symbol MTH.

4. When does the fiscal year end for Meritage?
The Company’s fiscal year ends December 31.

5. When does Meritage announce its quarterly earnings?
Typically, earnings are announced in the latter half of January, April, July, and October.

6. How do I purchase stock in Meritage Homes Corporation?
Meritage Homes Corporation stock may be purchased through a licensed securities dealer or broker. The Company does not sell stock directly to investors.

7. What is Meritage Homes Corporation’s dividend policy?
Meritage has not historically paid cash dividends.

8. Who do I contact about stock certificates, changes of information for my stock?
Contact Meritage Homes Corporation’s Transfer Agent & Registrar:
Mellon Investor Services LLC
85 Challenger Road
Ridgefield Park, NJ 07600
www.melloninvestor.com  
800-356-2017

9. Has Meritage had any stock splits?
Yes, the Company completed two-for-one stock splits on April 29, 2002, and on January 10, 2005.

10. How do I request information about the Company?
You may use the Contact Us portion of this website, or contact:
Investor Relations
909 Hidden Ridge
Suite 400
Irving, TX 75038
972-580-6400
Forward Looking Statement:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include those regarding achievement of our goal of profitability for 2010 ; that closings will be lower in the third quarter followed by improving sales in the latter part of the year; favorable trends in the homebuilding market; our ability to continue to acquire land in favorable locations at favorable prices; trends and predictions about our future margins and returns; the benefits of, and our ability to execute our new strategies, including, but not limited to, our Meritage Forward initiative, our Simply Smart initiative, our 99-day guarantee and our Meritage Green initiative. Such statements are based upon preliminary financial and operating data which are subject to finalization by management and review by our independent registered public accountants, as well as the current beliefs and expectations of Company management, and current market conditions, which are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. The Company makes no commitment, and disclaims any duty, to update or revise any forward-looking statements to reflect future events or changes in these expectations.
Meritage's business is subject to a number of risks and uncertainties, including: weakness in the homebuilding market resulting from the current economic downturn; interest rates and changes in the availability and pricing of residential mortgages; adverse changes in tax laws that benefit our homebuyers; the ability of our potential buyers to sell their existing homes; cancellation rates and home prices in our markets; the adverse effect of slower sales absorption rates; potential write-downs or write-offs of assets, including pre-acquisition costs and deposits; the liquidity of our joint ventures and the ability of our joint venture partners to meet their obligations to us and the joint venture; competition; the success of our strategies in the current homebuilding market and economic environment; the propensity of homebuyers to cancel purchase orders with us; construction defect and home warranty claims; our success in prevailing on contested tax positions; the impact of deferred tax valuation allowances and our ability to preserve our operating loss carryforwards; fluctuations in housing demand, and the cost and availability of real estate and other matters that are outside of our control; out ability to obtain performance bonds in connection with our development work; the loss of key personnel; our failure to comply with laws and regulations; the availability and cost of materials and labor; our lack of geographic diversification; inflation in the cost of materials used to construct homes; fluctuations in quarterly operating results; the Company's financial leverage and level of indebtedness; our ability to take certain actions because of restrictions contained in the indentures for the Company's senior and senior subordinated notes and our ability to raise additional capital when and if needed; our credit ratings; the impact of future capital raising transactions we may engage in; successful integration of future acquisitions; government regulations and legislative or other initiatives that seek to restrain growth or new housing construction or similar measures; consumer confidence, which can be impacted by economic and other factors such as terrorism, war, or threats thereof and our potential exposure to natural disasters; and other factors identified in documents filed by the Company with the Securities and Exchange Commission, including those set forth in our Form 10-K for the year ended December 31, 2009 under the caption "Risk Factors," as updated in our Quarterly Report on Form 10-Q for the period ended March 31, 2010. As a result of these and other factors, the Company's stock and note prices may fluctuate dramatically.

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