NYSE:MTH - Meritage Homes Stock Price, Price Target & More

Meritage Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTH."

Meritage Homes Corp (NYSE:MTH) announced its earnings results on Wednesday, April, 25th. The construction company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.34. The construction company earned $742.56 million during the quarter, compared to analyst estimates of $707.37 million. Meritage Homes had a net margin of 4.96% and a return on equity of 11.76%. The company's quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 EPS. View Meritage Homes' Earnings History.

Meritage Homes is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Meritage Homes.

11 equities research analysts have issued 12 month price targets for Meritage Homes' stock. Their predictions range from $38.00 to $58.00. On average, they expect Meritage Homes' stock price to reach $52.10 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Ratings for Meritage Homes.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Meritage Homes include Toll Brothers (TOL), TRI Pointe Group (TPH), Taylor Morrison Home (TMHC), KB Home (KBH), M.D.C. (MDC), LGI Homes (LGIH), Century Communities (CCS), William Lyon Homes (WLH), M/I Homes (MHO), Beazer Homes USA (BZH), Green Brick Partners (GRBK), AV Homes (AVHI), Hovnanian Enterprises, Inc. Class A (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI).

Media coverage about MTH stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Meritage Homes earned a media sentiment score of 0.12 on Accern's scale. They also gave press coverage about the construction company an impact score of 44.96 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Meritage Homes' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (4.07%), Radnor Capital Management LLC (0.03%) and Harbour Capital Advisors LLC (0.01%). Company insiders that own Meritage Homes stock include C Timothy White, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord and Robert Gary Sarver. View Institutional Ownership Trends for Meritage Homes.

MTH stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Radnor Capital Management LLC. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord and Robert Gary Sarver. View Insider Buying and Selling for Meritage Homes.

MTH stock was bought by a variety of institutional investors in the last quarter, including Harbour Capital Advisors LLC. View Insider Buying and Selling for Meritage Homes.

Shares of MTH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MTH stock can currently be purchased for approximately $45.75.

Meritage Homes has a market capitalization of $1.86 billion and generates $3.23 billion in revenue each year. The construction company earns $143.25 million in net income (profit) each year or $3.88 on an earnings per share basis. Meritage Homes employs 1,605 workers across the globe.

Meritage Homes' mailing address is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. The construction company can be reached via phone at 480-515-8100 or via email at [email protected]