OTCMKTS:MHGU Meritage Hospitality Group (MHGU) Stock Price, News & Analysis → Protect Your Bank Account from China (From Behind the Markets) (Ad) Free MHGU Stock Alerts $17.30 +0.24 (+1.41%) (As of 06/17/2024 ET) Add Compare Share Share Today's Range$14.46▼$17.3050-Day Range$17.01▼$18.5752-Week Range$14.46▼$21.30Volume9,457 shsAverage Volume1,901 shsMarket Capitalization$114.53 millionP/E RatioN/ADividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Meritage Hospitality Group alerts: Email Address Ad Behind the MarketsThis Weight Loss Company Can't Make Enough ProductA tiny pharmaceutical company is getting overwhelmed by a massive demand for its new weight loss marvel. They recently reported over 25,000 Americans are starting their drug each week - a 4X increase since December!Get the name of the company and their stock ticker here >>> About Meritage Hospitality Group Stock (OTCMKTS:MHGU)Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Stan's Tacos, as well as Taco John's brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. It is also involved in franchising activities. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is based in Grand Rapids, Michigan.Read More MHGU Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MHGU Stock News HeadlinesJune 14, 2024 | americanbankingnews.comCritical Analysis: Wingstop (NASDAQ:WING) and Meritage Hospitality Group (OTCMKTS:MHGU)May 24, 2024 | globenewswire.comUPDATE – Meritage Announces Annual Meeting Results And Second Quarter DividendMay 21, 2024 | globenewswire.comMeritage Announces Annual Meeting Results And Second Quarter DividendApril 24, 2024 | sfgate.comMeritage: Q1 Earnings SnapshotApril 13, 2024 | finanznachrichten.deMeritage Hospitality Group, Inc.: Meritage Reports First Quarter 2024 Results; Strong Earnings GrowthApril 12, 2024 | globenewswire.comMeritage Reports First Quarter 2024 Results; Strong Earnings GrowthApril 2, 2024 | finance.yahoo.comThe Meritage Resort and Spa Unveils $25 Million ReimaginationMarch 30, 2024 | msn.comOutlander Meritage Red Wine From Aldi - A Friendly BlendMarch 7, 2024 | msn.comNoodles' drop in sales drives company to a lossFebruary 20, 2024 | msn.comMeritage reports 5.3% rise in Q4 prelim salesFebruary 20, 2024 | finance.yahoo.comMeritage Reports 2023 Full-Year Preliminary Results; 2024 Outlook: Accelerated Earnings GrowthFebruary 20, 2024 | globenewswire.comMeritage Reports 2023 Full-Year Preliminary Results; 2024 Outlook: Accelerated Earnings GrowthFebruary 17, 2024 | seekingalpha.comMHGU Meritage Hospitality Group Inc.February 7, 2024 | markets.businessinsider.comKBW Reaffirms Their Hold Rating on Meritage (MTH)February 1, 2024 | markets.businessinsider.comMaintaining Hold on Meritage: Balancing Solid Order Growth with Margin Pressures and Market UncertaintiesFebruary 1, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: eBay (EBAY), Meritage (MTH) and Mercadolibre (MELI)January 26, 2024 | finance.yahoo.comWall Street's Insights Into Key Metrics Ahead of Meritage (MTH) Q4 EarningsDecember 13, 2023 | msn.comMeritage Hospitality Group, Inc.B goes ex dividend tomorrowNovember 30, 2023 | msn.comWhy Is Meritage (MTH) Up 15.4% Since Last Earnings Report?November 8, 2023 | msn.comMeritage Hospitality Group declares $0.06 specia; dividendNovember 8, 2023 | finance.yahoo.comMeritage Announces Fourth Quarter Dividend: Margin Improvements Forecasted In 2024October 31, 2023 | msn.comMeritage (MTH) Q3 Earnings: Taking a Look at Key Metrics Versus EstimatesOctober 26, 2023 | msn.comWestern Midstream: Meritage Acquisition Should Drive GrowthOctober 21, 2023 | finanznachrichten.deMeritage Hospitality Group, Inc.: Meritage Reports Third Quarter 2023 Results Operating Margin Improvements AheadOctober 20, 2023 | news.yahoo.comTerrell Suggs to join Ravens Ring of Honor, live reveal of Meritage vaseSee More Headlines Receive MHGU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Meritage Hospitality Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/1 Dividend6/14/2024Today6/17/2024Dividend Payable7/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorRetail/Wholesale Industry Eating places Sub-IndustryN/A Current SymbolOTCMKTS:MHGU Previous SymbolNASDAQ:MHGU CUSIPN/A CIK808219 Webwww.meritagehospitality.com Phone(616) 776-2600Fax616-776-2776Employees12,000Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$24.00 Low Stock Price Target$24.00 Potential Upside/Downside+38.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$6.14 million Net Margins1.31% Pretax Margin1.54% Return on Equity7.50% Return on Assets1.12% Debt Debt-to-Equity Ratio1.28 Current Ratio0.33 Quick Ratio0.29 Sales & Book Value Annual Sales$672.49 million Price / Sales0.17 Cash Flow$3.92 per share Price / Cash Flow4.41 Book Value$18.72 per share Price / Book0.92Miscellaneous Outstanding Shares6,620,000Free FloatN/AMarket Cap$114.53 million OptionableNot Optionable Beta0.08 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Robert E. Schermer Jr. (Age 65)CEO & Director Comp: $849.2kMr. Gary A. Rose (Age 61)President, COO & Director Comp: $806.1kMs. Tracey A. Smith (Age 49)CFO, VP, Secretary & Treasurer Comp: $441.1kDayna KrugDirector of AccountingMr. Robert H. Potts (Age 70)General Counsel Susie SchulzDirector of Operations Support & MarketingMr. Jeff VanHaitsmaVice President of Human ResourcesMr. Greg CorrExecutive Vice President of Wendy's OperationsMore ExecutivesKey CompetitorsBiglariNYSE:BHRCI HospitalityNASDAQ:RICKDenny'sNASDAQ:DENNGEN Restaurant GroupNASDAQ:GENKEl Pollo LocoNASDAQ:LOCOView All Competitors MHGU Stock Analysis - Frequently Asked Questions Should I buy or sell Meritage Hospitality Group stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Hospitality Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MHGU shares. View MHGU analyst ratings or view top-rated stocks. What is Meritage Hospitality Group's stock price target for 2024? 1 brokerages have issued 12-month target prices for Meritage Hospitality Group's shares. Their MHGU share price targets range from $24.00 to $24.00. On average, they anticipate the company's share price to reach $24.00 in the next year. This suggests a possible upside of 38.7% from the stock's current price. View analysts price targets for MHGU or view top-rated stocks among Wall Street analysts. How have MHGU shares performed in 2024? Meritage Hospitality Group's stock was trading at $19.50 at the beginning of 2024. Since then, MHGU shares have decreased by 11.3% and is now trading at $17.30. View the best growth stocks for 2024 here. How often does Meritage Hospitality Group pay dividends? What is the dividend yield for Meritage Hospitality Group? Meritage Hospitality Group declared a dividend on Tuesday, June 11th. Investors of record on Monday, June 17th will be given a dividend of $0.06 per share on Monday, July 1st. This represents a yield of 1.37%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for MHGU. Is Meritage Hospitality Group a good dividend stock? Meritage Hospitality Group (OTCMKTS:MHGU) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for MHGU. What other stocks do shareholders of Meritage Hospitality Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Meritage Hospitality Group investors own include Aruba Networks (ARUN), Wendy's (WEN), Calavo Growers (CVGW), Cavco Industries (CVCO), Century Communities (CCS), BioSpecifics Technologies (BSTC), Boot Barn (BOOT), ASGN (ASGN) and Allied Motion Technologies (AMOT). How do I buy shares of Meritage Hospitality Group? Shares of MHGU 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 (OTCMKTS:MHGU) was last updated on 6/18/2024 by MarketBeat.com Staff From Our PartnersBigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... 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