NYSE:MTH Meritage Homes Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $78.66 +0.45 (+0.58%) (As of 07/7/2022 09:59 AM ET) Add Compare Share Today's Range$78.37▼$79.2750-Day Range$64.97▼$89.0252-Week Range$62.51▼$125.01Volume804 shsAverage Volume457,696 shsMarket Capitalization$2.89 billionP/E Ratio3.63Dividend YieldN/APrice Target$110.25 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Meritage Homes MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside41.0% Upside$110.25 Price TargetShort InterestHealthy3.19% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.42Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-8.72%From $27.52 to $25.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.28 out of 5 starsConstruction Sector30th out of 136 stocksOperative Builders Industry8th out of 20 stocks 4.2 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.25, Meritage Homes has a forecasted upside of 41.0% from its current price of $78.21.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. Previous Next 3.0 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 2.7, 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 8.57%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMeritage Homes does not currently pay a dividend.Dividend GrowthMeritage Homes does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTH. Previous Next 2.5 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 0.42. 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 6 news articles for Meritage Homes this week, compared to 3 articles on an average week.Search Interest5 people have searched for MTH on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 1.80% of the stock of Meritage Homes is held by insiders.Percentage Held by Institutions97.11% of the stock of Meritage Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Meritage Homes are expected to decrease by -8.72% in the coming year, from $27.52 to $25.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 3.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 89.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 3.61, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 11.77.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About Meritage Homes (NYSE:MTH) StockMeritage Homes Corporation, together with its subsidiaries, designs and builds single-family 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 first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.Read More MTH Stock News HeadlinesJuly 6, 2022 | finance.yahoo.comMeritage Homes (MTH) Sharpens Competitive Edge: Here's HowJuly 4, 2022 | finance.yahoo.comSolid Business Model Boosts KB Home (KBH), Inflation AilsJuly 4, 2022 | uk.finance.yahoo.comTwo important factors that could move shares in Meritage HomesJuly 2, 2022 | morningstar.comMeritage Homes Corp - Stock NewsJune 30, 2022 | finance.yahoo.comMeritage Homes Second Quarter 2022 Earnings Conference Call and Webcast Scheduled for July 28, 2022June 28, 2022 | seekingalpha.comBuilder Bargains? You DecideJune 25, 2022 | americanbankingnews.comMeritage Homes (NYSE:MTH) Shares Up 8.4%June 24, 2022 | finance.yahoo.comMeritage (MTH) Soars 8.8%: Is Further Upside Left in the Stock?June 24, 2022 | americanbankingnews.comMeritage Homes (NYSE:MTH) Price Target Cut to $83.00 by Analysts at The Goldman Sachs GroupJune 23, 2022 | finance.yahoo.comKB Home's (KBH) Q2 Earnings & Revenues Beat, Margins Up Y/YJune 21, 2022 | finance.yahoo.comLennar (LEN) Shares Rise on Q2 Earnings & Revenue BeatJune 20, 2022 | americanbankingnews.comStockNews.com Lowers Meritage Homes (NYSE:MTH) to HoldJune 18, 2022 | americanbankingnews.comMeritage Homes (NYSE:MTH) Downgraded to "Underweight" at Wells Fargo & CompanyJune 18, 2022 | americanbankingnews.comMeritage Homes (NYSE:MTH) Shares Down 2.8% After Analyst DowngradeJune 17, 2022 | finance.yahoo.comBeleaguered Homebuilder Stocks Hit by Wave of Analyst DowngradesJune 17, 2022 | americanbankingnews.comMeritage Homes (NYSE:MTH) Given New $110.00 Price Target at UBS GroupJune 14, 2022 | finance.yahoo.comShould You Investigate Meritage Homes Corporation (NYSE:MTH) At US$76.16?June 12, 2022 | americanbankingnews.comBrokerages Set Meritage Homes Co. (NYSE:MTH) Target Price at $106.20June 10, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights Meritage Homes, NVR, and Landsea HomesJune 1, 2022 | finance.yahoo.comPress the Buy Button on These 5 High Earnings Yield Picks NowMay 27, 2022 | finance.yahoo.comInvestors Must Buy Meritage Homes (MTH) Now: Here's WhyMay 27, 2022 | finance.yahoo.comWhy Is Meritage (MTH) Up 0.3% Since Last Earnings Report?May 26, 2022 | finance.yahoo.comDoes Meritage (MTH) Have the Potential to Rally 53% as Wall Street Analysts Expect?May 24, 2022 | finance.yahoo.comMeritage Homes (NYSE:MTH) Is Investing Its Capital With Increasing EfficiencyMay 20, 2022 | finance.yahoo.comMTH May 2022 120.000 callSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Operative builders Sub-IndustryHomebuilding SectorConstruction Current SymbolNYSE:MTH CUSIP59001A10 CIK833079 Webwww.meritagehomes.com Phone(480) 515-8100Fax480-998-9162Employees1,773Year Founded2015Company Calendar Last Earnings4/27/2022Today7/07/2022Next Earnings (Confirmed)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$110.25 High Stock Price Forecast$157.00 Low Stock Price Forecast$65.00 Forecasted Upside/Downside+40.2%Consensus RatingHold Rating Score (0-4)2.33333333333333 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$21.65 Trailing P/E Ratio3.63 Forward P/E Ratio2.86 P/E GrowthN/ANet Income$737.44 million Net Margins15.40% Pretax Margin20.11% Return on Equity28.21% Return on Assets17.55% Debt Debt-to-Equity Ratio0.37 Current Ratio1.07 Quick Ratio1.07 Sales & Book Value Annual Sales$5.14 billion Price / Sales0.56 Cash Flow$20.17 per share Price / Cash Flow3.90 Book Value$81.60 per share Price / Book0.96Miscellaneous Outstanding Shares36,690,000Free Float36,034,000Market Cap$2.89 billion OptionableOptionable Beta1.57 Meritage Homes Frequently Asked Questions Should I buy or sell Meritage Homes stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Meritage Homes stock. 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 analyst ratings for Meritage Homes or view top-rated stocks. What is Meritage Homes' stock price forecast for 2022? 9 brokers have issued 1-year price targets for Meritage Homes' shares. Their MTH stock forecasts range from $65.00 to $157.00. On average, they expect Meritage Homes' stock price to reach $110.25 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price. View analysts' price targets for Meritage Homes or view top-rated stocks among Wall Street analysts. How has Meritage Homes' stock price performed in 2022? Meritage Homes' stock was trading at $122.06 at the beginning of 2022. Since then, MTH stock has decreased by 35.9% and is now trading at $78.21. View the best growth stocks for 2022 here. When is Meritage Homes' next earnings date? Meritage Homes is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Meritage Homes. How can I listen to Meritage Homes' earnings call? Meritage Homes will be holding an earnings conference call on Thursday, July 28th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) announced its earnings results on Wednesday, April, 27th. The construction company reported $5.79 earnings per share for the quarter, topping analysts' consensus estimates of $4.68 by $1.11. The construction company earned $1.29 billion during the quarter, compared to the consensus estimate of $1.25 billion. Meritage Homes had a net margin of 15.40% and a trailing twelve-month return on equity of 28.21%. Meritage Homes's revenue was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.44 earnings per share. View Meritage Homes' earnings history. Who are Meritage Homes' key executives? Meritage Homes' management team includes the following people: Mr. Steven J. Hilton, Exec. Chairman (Age 61, Pay $2.03M) (LinkedIn Profile)Mr. Phillippe Lord, Exec. VP, CEO & Director (Age 48, Pay $4.96M)Ms. Hilla Sferruzza, CFO & Exec. VP (Age 46, Pay $2.33M) (LinkedIn Profile)Mr. Clinton Szubinski, Exec. VP & COO (Age 45, Pay $3.03M) (LinkedIn Profile)Mr. Javier Feliciano, Chief People Officer & Exec. VP (Age 48, Pay $1.03M)Ms. Alison L. Sasser, VP, Corp. Controller & Chief Accounting Officer (Age 46) (LinkedIn Profile)Emily Tadano, VP of Investor RelationsMs. Malissia R. Clinton, Exec. VP, Gen. Counsel & Sec. (Age 53)Mr. Christopher Ryan, Pres of Florida DivisionMr. Richard Harvey, Pres of Texas Region Operations Who are some of Meritage Homes' key competitors? Some companies that are related to Meritage Homes include D.R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), Cavco Industries (CVCO), Tri Pointe Homes (TPH), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV). View all of MTH's competitors. 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). What is Meritage Homes' stock symbol? Meritage Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTH." Who are Meritage Homes' major shareholders? Meritage Homes' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wiley BROS. Aintree Capital LLC (0.02%). Company insiders that own Meritage Homes stock include Alison Sasser, C Timothy White, Clinton Szubinski, Dana Bradford, Gerald W Haddock, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Peter L Ax, Phillippe Lord, R Odell Michael, Raymond Oppel, Steven J Hilton and Steven J Hilton. View institutional ownership trends for Meritage Homes. Which major investors are selling Meritage Homes stock? MTH stock was sold by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC. Company insiders that have sold Meritage Homes company stock in the last two years include Alison Sasser, C Timothy White, Clinton Szubinski, Dana Bradford, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, R Odell Michael, Raymond Oppel, and Steven J Hilton. View insider buying and selling activity for Meritage Homes or view top insider-selling stocks. How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Meritage Homes' stock price today? One share of MTH stock can currently be purchased for approximately $78.21. How much money does Meritage Homes make? Meritage Homes (NYSE:MTH) has a market capitalization of $2.87 billion and generates $5.14 billion in revenue each year. The construction company earns $737.44 million in net income (profit) each year or $21.65 on an earnings per share basis. How many employees does Meritage Homes have? Meritage Homes employs 1,773 workers across the globe. When was Meritage Homes founded? Meritage Homes was founded in 2015. How can I contact Meritage Homes? Meritage Homes' mailing address is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. The official website for Meritage Homes is www.meritagehomes.com. The construction company can be reached via phone at (480) 515-8100, via email at investors@meritagehomes.com, or via fax at 480-998-9162. This page (NYSE:MTH) was last updated on 7/7/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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