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

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$45.75 -0.10 (-0.22 %)
(As of 07/17/2018 08:00 AM ET)
Previous Close$45.85
Today's Range$45.25 - $46.00
52-Week Range$38.80 - $55.50
Volume199,100 shs
Average Volume316,755 shs
Market Capitalization$1.86 billion
P/E Ratio11.79
Dividend YieldN/A
Beta1.17
Meritage Homes logoMeritage Homes Corporation 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 various homebuyers, including first-time, move-up, active-adult, and luxury homes under the Meritage Homes brand name. The company also provides warranty and customer services; and insurance and closing/settlement services for its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:MTH
CUSIP59001A10
Phone480-515-8100

Debt

Debt-to-Equity Ratio0.81
Current Ratio0.84
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio11.79
Forward P/E Ratio8.29
P/E Growth0.59

Sales & Book Value

Annual Sales$3.23 billion
Price / Sales0.58
Cash Flow$4.4461 per share
Price / Cash10.29
Book Value$39.10 per share
Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)$3.88
Net Income$143.25 million
Net Margins4.96%
Return on Equity11.76%
Return on Assets5.63%

Miscellaneous

Employees1,605
Outstanding Shares40,650,000
Market Cap$1,863.76

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Meritage Homes (NYSE:MTH) Frequently Asked Questions

What is Meritage Homes' stock symbol?

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

How were Meritage Homes' earnings last quarter?

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.

When is Meritage Homes' next earnings date?

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

What price target have analysts set for MTH?

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.

What is the consensus analysts' recommendation 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."

Who are some of Meritage Homes' key competitors?

Who are Meritage Homes' key executives?

Meritage Homes' management team includes the folowing people:
  • Mr. Steven J. Hilton, Chairman & CEO (Age 57)
  • Ms. Hilla Sferruzza, CFO & Exec. VP (Age 42)
  • Mr. Phillippe Lord, COO & Exec. VP (Age 44)
  • Mr. C. Timothy White, Gen. Counsel, Exec. VP & Sec. (Age 57)
  • Mr. Javier Feliciano, Chief HR Officer & Exec. VP (Age 44)

Has Meritage Homes been receiving favorable news coverage?

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.

Who are Meritage Homes' major shareholders?

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.

Which institutional investors are selling Meritage Homes stock?

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.

Which institutional investors are buying Meritage Homes stock?

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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Meritage Homes' stock price today?

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

How big of a company is Meritage Homes?

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.

How can I contact Meritage Homes?

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]


MarketBeat Community Rating for Meritage Homes (NYSE MTH)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  256 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  685
MarketBeat's community ratings are surveys of what our community members think about Meritage Homes and other stocks. Vote "Outperform" if you believe MTH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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