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Meritage (MTH)
NYSE:MTH
MTH Stock Chart & Stats
Day’s Range― - ―
52-Week Range$71.05 - $106.99
Previous CloseN/A
Volume216.10K
Average Volume (3M)936.77K
Market Cap
$5.35B
Enterprise Value$6.31B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)6.9
Beta1.61
Next Earnings
Apr 23, 2025EPS Estimate
1.73Last Dividend Ex-Date
Dec 17, 2024Dividend Yield2.05%
Share Statistics
EPS (TTM)10.71
Shares Outstanding72,359,210
10 Day Avg. Volume819,821
30 Day Avg. Volume936,769
Standard Deviation0.15
R-Squared0.43
Alpha0.00241
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)-14.60
P/FCF Ratio0.00
Enterprise Value/Market Cap1.18
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.15
Enterprise Value/Ebitda6.00
Forecast
1Y Price Target
$102.17Price Target Upside37.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
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Meritage News
PremiumCompany Announcements
Meritage Homes’ Earnings Call Highlights 2024 AchievementsPremiumCompany Announcements
Meritage Homes Reports Strong 2024 Performance
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Bulls Say, Bears Say
Bulls Say
EarningsMeritage Homes reported 3Q24 EPS of $5.34, well ahead of estimates, driven by stronger home closings and better home sales gross margins.
Growth StrategyMeritage’s strategy of offering quick close, move-in ready new homes leaves it well-positioned for above average growth as it offers a more compelling alternative to existing units.
Bears Say
Affordability ChallengesThe rating on MTH is downgraded to Market Perform due to near-term pressures on entry-level homebuilders, whose core first-time buyers are likely to face greater affordability challenges.
Market CompetitionMTH is experiencing pressure from a more competitive inventory environment, rising rates, and buyer anxiety over election uncertainty.
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Ownership Overview
1.88% Insiders
15.46% Mutual Funds
10.80% Other Institutional Investors
47.50% 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 $71.05 and its highest was $106.99 in the past 12 months.
What is Meritage’s market cap?
Meritage’s market cap is $5.35B.
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Apr 23, 2025 which is in 61 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 $0.75 which represents an annual dividend yield of 2.05%. See more information on Meritage dividends here
What is Meritage’s EPS estimate?
Meritage’s EPS estimate is 1.73.
How many shares outstanding does Meritage have?
Meritage has 72,359,210 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 2.791%.
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
Neutral
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$102.17 (37.71% Upside)
$102.17 (37.71% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 82.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.92%
12-Months-Change
Fundamentals
Return on Equity
16.12%
Trailing 12-Months
Asset Growth
12.50%
Trailing 12-Months
Company Description
Meritage
Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses. The Financial Services segment includes the operations of the company's subsidiary, Carefree Title. Meritage Homes was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.
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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
$102.17
▲(37.71% Upside)
Technical Analysis
Best Analysts Covering MTH
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+42.78%
reiterated a buy rating last month
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 +42.78% per trade.
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