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Meritage (MTH)
NYSE:MTH
MTH Stock Chart & Stats
Day’s Range― - ―
52-Week Range$68.93 - $106.99
Previous CloseN/A
Volume216.10K
Average Volume (3M)938.83K
Market Cap
$5.05B
Enterprise Value$6.36B
Total Cash (Recent Filing)$242.68M
Total Debt (Recent Filing)$605.05M
Price to Earnings (P/E)6.6
Beta1.57
Next Earnings
Apr 23, 2025EPS Estimate
1.71Last Dividend Ex-Date
Mar 17, 2025Dividend Yield2.13%
Share Statistics
EPS (TTM)10.71
Shares Outstanding71,765,915
10 Day Avg. Volume831,023
30 Day Avg. Volume938,829
Financial Highlights & Ratios
PEG Ratio0.87
Price to Book (P/B)N/A
Price to Sales (P/S)0.79
Price to Cash Flow (P/CF)-12.70
P/FCF Ratio0.00
Enterprise Value/Market Cap1.26
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.03
Enterprise Value/Ebitda6.29
Forecast
1Y Price Target
$97.57Price Target Upside37.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
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Meritage News
PremiumCompany Announcements
Meritage Homes’ Earnings Call Highlights 2024 Achievements---
Bulls Say, Bears Say
Bulls Say
AcquisitionThe acquisition of Elliott Homes is expected to be immediately margin accretive due to the assets-only deal structure and limited competition in Elliott’s Gulf Coast markets.
EarningsMeritage Homes reported 3Q24 EPS of $5.34, well ahead of estimates, driven by stronger home closings and better home sales gross margins.
Bears Say
Financial PerformanceHigher selling incentives on entry-level homes and potentially higher FHA mortgage premiums are likely to impact MTH's earnings.
Market ConditionsMTH is experiencing pressure from a more competitive inventory environment, rising rates, and buyer anxiety over election uncertainty.
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Ownership Overview
2.64% Insiders
15.46% Mutual Funds
10.96% Other Institutional Investors
42.89% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MTH FAQ
What was Meritage’s price range in the past 12 months?
Meritage lowest stock price was $68.92 and its highest was $106.99 in the past 12 months.
What is Meritage’s market cap?
Meritage’s market cap is $5.05B.
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Apr 23, 2025 which is in 21 days.
How were Meritage’s earnings last quarter?
Meritage released its earnings results on Jan 29, 2025. The company reported $2.36 earnings per share for the quarter, beating the consensus estimate of $2.239 by $0.121.
Is Meritage overvalued?
According to Wall Street analysts Meritage’s price is currently Undervalued.
Does Meritage pay dividends?
Meritage pays a Quarterly dividend of $0.43 which represents an annual dividend yield of 2.13%. See more information on Meritage dividends here
What is Meritage’s EPS estimate?
Meritage’s EPS estimate is 1.71.
How many shares outstanding does Meritage have?
Meritage has 71,765,915 shares outstanding.
What happened to Meritage’s price movement after its last earnings report?
Meritage reported an EPS of $2.36 in its last earnings report, beating expectations of $2.239. Following the earnings report the stock price went up 2.783%.
Which hedge fund is a major shareholder of Meritage?
Currently, no hedge funds are holding shares in MTH
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Meritage Stock Smart Score
Underperform
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$97.57 (37.66% Upside)
$97.57 (37.66% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $346.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▼ 7.5%
Last 30 Days ▼ 7.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.31%
12-Months-Change
Fundamentals
Return on Equity
16.12%
Trailing 12-Months
Asset Growth
12.91%
Trailing 12-Months
Company Description
Meritage
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
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MTH Company Deck
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MTH Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted Meritage Homes' strong performance in 2024, with record deliveries and revenue, strategic expansions, and a healthy financial position. Despite these achievements, challenges such as higher lot costs, decreased average sales prices, and prolonged development cycle times were evident. The company aims to maintain its growth trajectory while balancing market pressures.Read More>---
MTH Stock 12 Month Forecast
Average Price Target
$97.57
▲(37.66% Upside)
Technical Analysis
Best Analysts Covering MTH
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+42.53%
reiterated a buy rating 3 months ago
Copying John Lovallo's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +42.53% per trade.
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