NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis → After Conviction, More Bad News for Trump (From Paradigm Press) (Ad) Free MTH Stock Alerts $169.31 -5.53 (-3.16%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$167.06▼$172.8350-Day Range$150.00▼$188.3052-Week Range$109.23▼$189.96Volume1.02 million shsAverage Volume412,344 shsMarket Capitalization$6.15 billionP/E Ratio7.90Dividend Yield1.77%Price Target$178.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Meritage Homes alerts: Email Address Meritage Homes MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside5.3% Upside$178.25 Price TargetShort InterestHealthy2.64% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.46Based on 7 Articles This WeekInsider TradingSelling Shares$406,975 Sold Last QuarterProj. Earnings Growth6.41%From $20.27 to $21.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.06 out of 5 starsConstruction Sector73rd out of 98 stocksOperative Builders Industry12th out of 16 stocks 1.1 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageMeritage Homes has only been the subject of 2 research reports in the past 90 days.Read more about Meritage Homes' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.64% of the float of Meritage Homes has been sold short.Short Interest Ratio / Days to CoverMeritage Homes has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meritage Homes has recently increased by 54.94%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMeritage Homes pays a meaningful dividend of 1.69%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMeritage Homes has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Meritage Homes is 13.99%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Meritage Homes will have a dividend payout ratio of 13.91% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.Read more about Meritage Homes' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTH. Previous Next 3.6 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.03 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Meritage Homes this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows5 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meritage Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $406,975.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Meritage Homes is held by insiders.Percentage Held by Institutions98.44% of the stock of Meritage Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Meritage Homes' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Meritage Homes are expected to grow by 6.41% in the coming year, from $20.27 to $21.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 7.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 7.90, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 23.04.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Meritage Homes' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressTime is Running Out - June 25th Deadline Approaching!If you missed out on crypto, this could be your second chance. The AI “wealth window” is opening now, but you must get in now. Don’t delay.See all the details you need here. About Meritage Homes Stock (NYSE:MTH)Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached 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 entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.Read More MTH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTH Stock News HeadlinesJune 6 at 2:56 AM | americanbankingnews.comMeritage Homes Co. (NYSE:MTH) Receives $178.25 Average Target Price from AnalystsMay 28, 2024 | globenewswire.comMeritage Homes Announces Continued Partnership With Operation Homefront, Two Home Donations in Austin and CharlotteMay 27, 2024 | finance.yahoo.comMeritage Homes' (NYSE:MTH) earnings growth rate lags the 28% CAGR delivered to shareholdersMay 16, 2024 | msn.comMeritage Homes declares $0.75 dividendMay 16, 2024 | globenewswire.comMeritage Homes Announces Quarterly Cash DividendMay 9, 2024 | globenewswire.comMeritage Homes Completes Offering of 1.75% Convertible Senior NotesMay 7, 2024 | seekingalpha.comMeritage Homes Corporation: Reiterate Buy Rating On Strong Demand ProfileMay 7, 2024 | globenewswire.comMeritage Homes Announces Pricing of Convertible Senior NotesMay 6, 2024 | globenewswire.comMeritage Homes Announces Offering of Convertible Senior NotesMay 1, 2024 | globenewswire.comMeritage Homes Announces Two-Part Series Investor Day Webcast CallsApril 30, 2024 | bizjournals.comJudge sides with homebuilder in Cibolo sewage caseApril 30, 2024 | finance.yahoo.comMeritage Homes Corporation (NYSE:MTH) Q1 2024 Earnings Call TranscriptApril 30, 2024 | benzinga.comHow Is The Market Feeling About Meritage Homes?April 26, 2024 | finance.yahoo.comMeritage Homes First Quarter 2024 Earnings: Beats ExpectationsApril 26, 2024 | fool.comMeritage Homes (MTH) Q1 2024 Earnings Call TranscriptApril 25, 2024 | seekingalpha.comMeritage Homes Corporation 2024 Q1 - Results - Earnings Call PresentationApril 24, 2024 | markets.businessinsider.comMeritage Homes Corp. Profit Rises In Q1, Beats estimatesApril 24, 2024 | msn.comMTH Stock Earnings: Meritage Homes Beats EPS, Beats Revenue for Q1 2024April 24, 2024 | finance.yahoo.comMeritage Homes Corp (MTH) Reports Strong Q1 2024 Earnings, Surpassing Analyst ExpectationsApril 24, 2024 | globenewswire.comMeritage Homes reports first quarter 2024 resultsApril 24, 2024 | money.usnews.comMeritage Homes Corp.April 24, 2024 | markets.businessinsider.comHere's what to expect from Meritage Homes's earningsApril 23, 2024 | msn.comMeritage Homes Q1 2024 Earnings PreviewApril 21, 2024 | seekingalpha.comMeritage Homes: An Upgrade Heading Into Earnings On Strong OrdersApril 19, 2024 | finance.yahoo.comMeritage Homes Corporation (MTH)See More Headlines Receive MTH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Meritage Homes and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings4/24/2024Today6/07/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Operative builders Sub-IndustryHomebuilding Current SymbolNYSE:MTH CUSIP59001A10 CIK833079 Webwww.meritagehomes.com Phone(480) 515-8100Fax480-998-9162Employees1,838Year Founded2015Price Target and Rating Average Stock Price Target$178.25 High Stock Price Target$195.00 Low Stock Price Target$148.00 Potential Upside/Downside+5.3%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$21.44 Trailing P/E Ratio7.90 Forward P/E Ratio8.35 P/E GrowthN/ANet Income$738.75 million Net Margins12.54% Pretax Margin16.09% Return on Equity17.63% Return on Assets12.65% Debt Debt-to-Equity Ratio0.21 Current Ratio1.66 Quick Ratio1.66 Sales & Book Value Annual Sales$6.32 billion Price / Sales0.97 Cash Flow$20.08 per share Price / Cash Flow8.43 Book Value$126.53 per share Price / Book1.34Miscellaneous Outstanding Shares36,319,000Free Float35,593,000Market Cap$6.15 billion OptionableOptionable Beta1.78 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Steven J. Hilton (Age 63)Executive Chairman Comp: $2.03MMr. Phillippe Lord (Age 50)Executive VP, CEO & Director Comp: $6.59MMs. Hilla Sferruzza (Age 48)CFO & Executive VP Comp: $3.95MMr. Clinton Szubinski (Age 47)Executive VP & COO Comp: $4.78MMs. Malissia R. Clinton (Age 55)Executive VP, General Counsel & Secretary Comp: $1.87MMr. Javier Feliciano (Age 50)Chief People Officer & Executive VP Comp: $1.29MMs. Alison L. Sasser (Age 48)VP, Corporate Controller & Chief Accounting Officer Emily TadanoVice President of Investor Relations & ESGMr. Steve HahnPresident of Greenville-South Carolina DivisionMr. Elliot A. MannSouthern California Division PresidentMore ExecutivesKey CompetitorsPulteGroupNYSE:PHMNVRNYSE:NVRToll BrothersNYSE:TOLKB HomeNYSE:KBHTri Pointe HomesNYSE:TPHView All CompetitorsInsiders & InstitutionsDekaBank Deutsche GirozentraleSold 375 shares on 6/4/2024Ownership: 0.008%Boston PartnersBought 132,292 shares on 5/28/2024Ownership: 0.364%Burney Co.Sold 278 shares on 5/22/2024Ownership: 0.013%Swedbank ABBought 145,304 shares on 5/21/2024Ownership: 0.400%EMC Capital ManagementBought 174 shares on 5/20/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions MTH Stock Analysis - Frequently Asked Questions Should I buy or sell Meritage Homes stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MTH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTH, but not buy additional shares or sell existing shares. View MTH analyst ratings or view top-rated stocks. What is Meritage Homes' stock price target for 2024? 6 equities research analysts have issued 1 year target prices for Meritage Homes' stock. Their MTH share price targets range from $148.00 to $195.00. On average, they predict the company's stock price to reach $178.25 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View analysts price targets for MTH or view top-rated stocks among Wall Street analysts. How have MTH shares performed in 2024? Meritage Homes' stock was trading at $174.20 at the beginning of the year. Since then, MTH stock has decreased by 2.8% and is now trading at $169.31. View the best growth stocks for 2024 here. Are investors shorting Meritage Homes? Meritage Homes saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 935,500 shares, an increase of 54.9% from the April 30th total of 603,800 shares. Based on an average daily volume of 431,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.6% of the shares of the company are sold short. View Meritage Homes' Short Interest. When is Meritage Homes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our MTH earnings forecast. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) announced its earnings results on Wednesday, April, 24th. The construction company reported $5.06 EPS for the quarter, beating analysts' consensus estimates of $3.54 by $1.52. The construction company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.28 billion. Meritage Homes had a trailing twelve-month return on equity of 17.63% and a net margin of 12.54%. How often does Meritage Homes pay dividends? What is the dividend yield for Meritage Homes? Meritage Homes declared a quarterly dividend on Thursday, May 16th. Investors of record on Friday, June 14th will be given a dividend of $0.75 per share on Friday, June 28th. This represents a $3.00 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for MTH. Is Meritage Homes a good dividend stock? Meritage Homes (NYSE:MTH) pays an annual dividend of $3.00 per share and currently has a dividend yield of 1.69%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTH will have a dividend payout ratio of 13.91% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTH. What ETFs hold Meritage Homes' stock? ETFs with the largest weight of Meritage Homes (NYSE:MTH) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco MSCI Green Building ETF (GBLD), iShares U.S. Home Construction ETF (ITB), Goldman Sachs Small Cap Core Equity ETF (GSC), Invesco S&P SmallCap Momentum ETF (XSMO), Global X Green Building ETF (GRNR) and Hoya Capital Housing ETF (HOMZ). What guidance has Meritage Homes issued on next quarter's earnings? Meritage Homes issued an update on its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of 19.200-20.700 for the period, compared to the consensus earnings per share estimate of 17.690. The company issued revenue guidance of -. What other stocks do shareholders of Meritage Homes own? Based on aggregate information from My MarketBeat watchlists, some companies that other Meritage Homes investors own include D.R. Horton (DHI), Verizon Communications (VZ), NVIDIA (NVDA), Pfizer (PFE), Home Depot (HD), QUALCOMM (QCOM), Johnson & Johnson (JNJ), Salesforce (CRM), Walt Disney (DIS) and AT&T (T). Who are Meritage Homes' major shareholders? Meritage Homes' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.27%), Earnest Partners LLC (1.93%), Westfield Capital Management Co. LP (1.35%), Principal Financial Group Inc. (0.70%), LSV Asset Management (0.60%) and Artemis Investment Management LLP (0.59%). Insiders that own company stock include Alison Sasser, C Timothy White, Clinton Szubinski, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, Raymond Oppel and Steven J Hilton. View institutional ownership trends. How do I buy shares of Meritage Homes? Shares of MTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MTH) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? The US Court is cu...Augury Research | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredAI Hell Will Break Loose [June 30, 2024] …On June 30, 2024, AI will reach a critical tipping point… Whatever you do, make sure you prepare before Ju...Banyan Hill Publishing | SponsoredWas the Great Financial Crisis fun?The Great Financial Crisis, which actually started in the summer of 2007 and did not end until March of 2009, ...Brooks Enterprises | SponsoredShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto mark...Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Meritage Homes Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Meritage Homes With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.