NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis $200.17 +7.01 (+3.63%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$197.20▼$203.7250-Day Range$152.29▼$200.1752-Week Range$109.23▼$205.20Volume629,026 shsAverage Volume459,076 shsMarket Capitalization$7.27 billionP/E Ratio9.34Dividend Yield1.50%Price Target$196.83 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 RatingHold2.38 Rating ScoreUpside/Downside1.7% Downside$196.83 Price TargetShort InterestHealthy3.19% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.62Based on 29 Articles This WeekInsider TradingN/AProj. Earnings Growth6.17%From $20.27 to $21.52 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.3.56 out of 5 starsConstruction Sector45th out of 101 stocksOperative Builders Industry7th out of 18 stocks 2.2 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageMeritage Homes has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Meritage Homes' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.19% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meritage Homes has recently decreased by 5.04%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMeritage Homes pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMeritage Homes does not have a long track record of dividend growth.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 13.94% 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 3.1 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 29 news articles for Meritage Homes this week, compared to 6 articles on an average week.Search Interest8 people have searched for MTH on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.MarketBeat Follows4 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meritage Homes insiders have not sold or bought any 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 6.17% in the coming year, from $20.27 to $21.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 9.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 9.34, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 22.96.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.58. 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 DTIHow to build the ultimate dividend portfolioThere’s a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps? PLUS: You’ll get the names and tickers of the Best Dividend Stocks for FREE… This way, by the time you finish the workshop you’ll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again.Click here and I’ll show you how to build the ultimate dividend portfolio. 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 HeadlinesJuly 27 at 6:20 AM | americanbankingnews.comWedbush Upgrades Meritage Homes (NYSE:MTH) to "Strong-Buy"July 27 at 2:23 AM | bizjournals.comMeritage Homes enters Delta Shores with lot purchase west of I-5July 27, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 27 at 2:23 AM | markets.businessinsider.comMeritage Homes Corp.: A Balanced Hold Rating Amidst Growth and Market UncertaintyJuly 25 at 11:03 PM | msn.comMeritage Homes (MTH) Q2 2024 Earnings Call TranscriptJuly 25 at 5:57 PM | seekingalpha.comMeritage Homes Corporation (MTH) Q2 2024 Earnings Call TranscriptJuly 25 at 12:56 PM | msn.comRaymond James Initiates Coverage of Meritage Homes (MTH) with Outperform RecommendationJuly 25 at 11:18 AM | investors.comMeritage Homes Holds Near Buy Point As It Outperforms A Rebounding Homebuilding IndustryJuly 27, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 25 at 10:18 AM | seekingalpha.comMeritage Homes Corporation 2024 Q2 - Results - Earnings Call PresentationJuly 25 at 7:55 AM | markets.businessinsider.comMeritage Homes Corp. Bottom Line Rises In Q2, Beats EstimatesJuly 25 at 7:55 AM | theglobeandmail.comMeritage Homes's (NYSE:MTH) Q2: Beats On Revenue But Full-Year Sales Guidance Misses ExpectationsJuly 25 at 6:28 AM | americanbankingnews.comMeritage Homes (NYSE:MTH) Receives New Coverage from Analysts at Raymond JamesJuly 24 at 5:14 PM | gurufocus.comMeritage Homes Corp Q2 2024 Earnings: EPS of $6.31 and Revenue of $1.69 Billion Surpass EstimatesJuly 24 at 4:30 PM | globenewswire.comMeritage Homes reports second quarter 2024 resultsJuly 24 at 6:10 AM | markets.businessinsider.comHere's what to expect from Meritage Homes's earnings reportJuly 23, 2024 | benzinga.comHere's How Much You Would Have Made Owning Meritage Homes Stock In The Last 20 YearsJuly 23, 2024 | finance.yahoo.comMeritage Homes (MTH) Reports Earnings Tomorrow: What To ExpectSee 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 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/24/2024Today7/27/2024Next Earnings (Estimated)10/29/2024Fiscal 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$196.83 High Stock Price Target$221.00 Low Stock Price Target$160.00 Potential Upside/Downside-1.7%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$21.44 Trailing P/E Ratio9.34 Forward P/E Ratio9.88 P/E GrowthN/ANet Income$738.75 million Net Margins12.98% Pretax Margin16.09% Return on Equity18.28% Return on Assets13.22% Debt Debt-to-Equity Ratio0.21 Current Ratio1.66 Quick Ratio1.66 Sales & Book Value Annual Sales$6.14 billion Price / Sales1.18 Cash Flow$21.90 per share Price / Cash Flow9.14 Book Value$126.53 per share Price / Book1.58Miscellaneous Outstanding Shares36,320,000Free Float35,593,000Market Cap$7.27 billion OptionableOptionable Beta1.80 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 CompetitorsNVRNYSE:NVRPulteGroupNYSE:PHMToll BrothersNYSE:TOLKB HomeNYSE:KBHTri Pointe HomesNYSE:TPHView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 23,232 shares on 7/26/2024Ownership: 1.169%Allspring Global Investments Holdings LLCSold 10,118 shares on 7/26/2024Ownership: 0.099%Instrumental Wealth LLCBought 1,047 shares on 7/26/2024Ownership: 0.003%First National Bank of HutchinsonBought 3,768 shares on 7/25/2024Ownership: 0.010%Louisiana State Employees Retirement SystemBought 200 shares on 7/24/2024Ownership: 0.050%View All Insider TransactionsView All Institutional Transactions MTH Stock Analysis - Frequently Asked Questions How have MTH shares performed this year? Meritage Homes' stock was trading at $174.20 at the beginning of the year. Since then, MTH stock has increased by 14.9% and is now trading at $200.17. View the best growth stocks for 2024 here. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) announced its quarterly earnings results on Wednesday, July, 24th. The construction company reported $6.31 earnings per share for the quarter, topping analysts' consensus estimates of $5.17 by $1.14. Meritage Homes's revenue for the quarter was up 9.8% on a year-over-year basis. Who are Meritage Homes' major shareholders? Meritage Homes' top institutional investors include Greenhaven Associates Inc. (2.13%), Bank of New York Mellon Corp (1.17%), Artemis Investment Management LLP (0.46%) and Swedbank AB (0.37%). Insiders that own company stock include Phillippe Lord, Peter L Ax, Raymond Oppel, Gerald W Haddock, Clinton Szubinski, Alison Sasser, Javier Feliciano, Hilla Sferruzza, Steven J Hilton and C Timothy White. 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. What other stocks do shareholders of Meritage Homes own? Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Homes investors own include D.R. Horton (DHI), Verizon Communications (VZ), NVIDIA (NVDA), Pfizer (PFE), Home Depot (HD), QUALCOMM (QCOM) and Johnson & Johnson (JNJ). This page (NYSE:MTH) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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