About Meritage Homes (NYSE:MTH)
Meritage 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.
Industry, Sector and Symbol
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:MTH
CUSIP59001A10
Phone480-515-8100
Debt
Debt-to-Equity Ratio0.81%
Current Ratio0.87%
Quick Ratio0.87%
Price-To-Earnings
Trailing P/E Ratio11.02
Forward P/E Ratio8.45
P/E Growth0.63
Sales & Book Value
Annual Sales$3.23 billion
Price / Sales0.53
Cash Flow$4.4531 per share
Price / Cash9.60
Book Value$39.10 per share
Price / Book1.09
Profitability
EPS (Most Recent Fiscal Year)$3.88
Net Income$143.25 million
Net Margins4.44%
Return on Equity10.76%
Return on Assets5.15%
Miscellaneous
Employees1,605
Outstanding Shares40,330,000
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 Co. (NYSE:MTH) announced its quarterly earnings results on Thursday, February, 1st. The construction company reported $1.34 EPS for the quarter, beating the Zacks' consensus estimate of $1.25 by $0.09. The construction company earned $946.40 million during the quarter, compared to the consensus estimate of $932.94 million. Meritage Homes had a net margin of 4.44% and a return on equity of 10.76%. The firm's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.22 EPS. View Meritage Homes' Earnings History.
When is Meritage Homes' next earnings date?
What price target have analysts set for MTH?
10 Wall Street analysts have issued 1 year price objectives for Meritage Homes' shares. Their predictions range from $38.00 to $60.00. On average, they anticipate Meritage Homes' share price to reach $52.30 in the next year. View Analyst Ratings for Meritage Homes.
Who are some of Meritage Homes' key competitors?
Some companies that are related to Meritage Homes include Taylor Morrison (TMHC), TRI Pointe Group (TPH), KB Home (KBH), MDC (MDC), LGI Homes (LGIH), William Lyon Homes (WLH), M/I Homes (MHO), Century Communities (CCS), BioFuel Energy (GRBK), Beazer Homes USA (BZH), AV Homes (AVHI), Hovnanian Enterprises (HOV), New Home (NWHM) and Comstock (CHCI).
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, Assistant Sec. & Chief Accounting Officer (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. The research group identifies negative and positive news coverage by reviewing 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 nearest to one being the most favorable. Meritage Homes earned a news impact score of 0.18 on Accern's scale. They also gave news articles about the construction company an impact score of 45.23 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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 $42.75.
How big of a company is Meritage Homes?
Meritage Homes has a market capitalization of $1.72 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 (MTH)
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.
Meritage Homes (NYSE:MTH) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for Meritage Homes in the last 12 months. Their average twelve-month price target is $52.30, suggesting that the stock has a possible upside of 22.34%. The high price target for MTH is $60.00 and the low price target for MTH is $38.00. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Hold | Hold |
| Consensus Rating Score: | 2.50 | 2.50 | 2.10 | 1.89 |
| Ratings Breakdown: | 0 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $52.30 | $52.30 | $45.5556 | $41.75 |
| Price Target Upside: | 22.34% upside | 12.84% upside | 12.65% downside | 15.57% downside |
Meritage Homes (NYSE:MTH) Consensus Price Target History
Meritage Homes (NYSE:MTH) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Meritage Homes (NYSE:MTH) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Meritage Homes (NYSE MTH) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.50%
Institutional Ownership Percentage: 95.30%
Meritage Homes (NYSE MTH) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/3/2018 | Phillippe Lord | Insider | Sell | 5,009 | $43.40 | $217,390.60 | 7,882 |  |
| 3/8/2018 | Peter L. Ax | Director | Sell | 12,500 | $44.02 | $550,250.00 | | |
| 2/13/2018 | C Timothy White | EVP | Sell | 7,333 | $45.20 | $331,451.60 | 48,705 | |
| 2/13/2018 | Hilla Sferruzza | CFO | Sell | 589 | $45.20 | $26,622.80 | | |
| 2/13/2018 | Phillippe Lord | Insider | Sell | 537 | $45.20 | $24,272.40 | | |
| 12/12/2017 | Robert Gary Sarver | Director | Sell | 12,000 | $50.47 | $605,640.00 | | |
| 11/21/2017 | Javier Feliciano | EVP | Sell | 1,009 | $35.55 | $35,869.95 | | |
| 5/15/2017 | C Timothy White | EVP | Sell | 7,500 | $41.36 | $310,200.00 | | |
| 5/9/2017 | C Timothy White | EVP | Sell | 7,032 | $39.00 | $274,248.00 | | |
| 3/15/2017 | Gerald W. Haddock | Director | Sell | 5,000 | $36.76 | $183,800.00 | | |
| 2/15/2017 | C Timothy White | EVP | Sell | 6,157 | $34.14 | $210,199.98 | 56,135 | |
| 2/14/2017 | C Timothy White | EVP | Sell | 1,739 | $34.00 | $59,126.00 | 56,135 | |
| 2/14/2017 | Hilla Sferruzza | CFO | Sell | 1,315 | $34.23 | $45,012.45 | 11,589 | |
| 2/14/2017 | Phillippe Lord | Insider | Sell | 1,857 | $34.33 | $63,750.81 | 3,460 | |
| 2/13/2017 | Hilla Sferruzza | CFO | Sell | 363 | $34.85 | $12,650.55 | 11,589 | |
| 2/13/2017 | Phillippe Lord | COO | Sell | 711 | $34.85 | $24,778.35 | 3,460 | |
| 6/13/2016 | Peter L Ax | Director | Sell | 15,000 | $36.71 | $550,650.00 | 45,000 | |
| 6/9/2016 | Gerald W Haddock | Director | Sell | 7,500 | $38.11 | $285,825.00 | 43,000 | |
| 5/16/2016 | Robert Gary Sarver | Director | Sell | 4,381 | $33.92 | $148,603.52 | 15,000 | |
| 2/17/2016 | C Timothy White | EVP | Sell | 6,812 | $30.84 | $210,082.08 | 49,982 | |
| 2/17/2016 | Hilla Sferruzza | CAO | Sell | 291 | $30.84 | $8,974.44 | | |
| 2/17/2016 | Larry Wayne Seay | CFO | Sell | 7,957 | $30.84 | $245,393.88 | 81,753 | |
| 2/17/2016 | Phillippe Lord | COO | Sell | 1,138 | $30.79 | $35,039.02 | 2,040 | |
| 2/16/2016 | Hilla Sferruzza | CAO | Sell | 655 | $29.60 | $19,388.00 | 10,374 | |
| 2/11/2016 | Hilla Sferruzza | CAO | Sell | 733 | $29.60 | $21,696.80 | | |
| 2/11/2016 | Phillippe Lord | COO | Sell | 1,291 | $29.55 | $38,149.05 | | |
| 4/28/2015 | Larry Wayne Seay | CFO | Sell | 17,333 | $45.14 | $782,411.62 | | |
| 3/10/2015 | Hilla Sferruzza | CAO | Sell | 1,750 | $42.38 | $74,165.00 | | |
| 2/27/2015 | Steven J Hilton | CEO | Sell | 139,840 | $43.84 | $6,130,585.60 | | |
| 2/11/2015 | C Timothy White | EVP | Sell | 11,297 | $39.67 | $448,151.99 | | |
| 2/11/2015 | Larry Wayne Seay | CFO | Sell | 11,978 | $39.67 | $475,167.26 | | |
| 2/11/2015 | Steven J Hilton | CEO | Sell | 17,050 | $39.67 | $676,373.50 | | |
| 2/11/2015 | Steven M Davis | COO | Sell | 11,138 | $39.67 | $441,844.46 | | |
| 2/10/2015 | C Timothy White | EVP | Sell | 13,264 | $39.79 | $527,774.56 | | |
| 12/1/2014 | Gerald W Haddock | Director | Sell | 7,500 | $38.65 | $289,875.00 | | |
| 2/26/2014 | C Timothy White | EVP | Sell | 13,075 | $49.43 | $646,297.25 | 34,320 | |
| 2/26/2014 | Hilla Sferruzza | CAO | Sell | 1,500 | $49.20 | $73,800.00 | 15,640 | |
| 2/26/2014 | Larry Wayne Seay | CFO | Sell | 10,695 | $48.97 | $523,734.15 | 34,868 | |
| 2/26/2014 | Steven Davis | COO | Sell | 6,060 | $49.91 | $302,454.60 | 35,965 | |
| 2/26/2014 | Steven Hilton | CEO | Sell | 50,000 | $49.17 | $2,458,500.00 | 65,680 | |
| 2/11/2014 | Larry Wayne Seay | CFO | Sell | 11,925 | $45.00 | $536,625.00 | 25,000 | |
| 2/11/2014 | Steven Davis | COO | Sell | 11,087 | $45.00 | $498,915.00 | 25,000 | |
| 2/11/2014 | Steven Hilton | CEO | Sell | 16,973 | $45.00 | $763,785.00 | 43,750 | |
| 11/25/2013 | Steven Davis | COO | Sell | 2,000 | $41.38 | $82,760.00 | 37,500 | |
| 10/30/2013 | Steven M Davis | COO | Sell | 6,462 | $47.00 | $303,714.00 | | |
| 10/28/2013 | Larry Wayne Seay | CFO | Sell | 16,932 | $46.74 | $791,401.68 | | |
| 8/1/2013 | Raymond Oppel | Director | Sell | 11,500 | $46.00 | $529,000.00 | | |
| 5/14/2013 | Steven J Hilton | CEO | Sell | 50,000 | $52.19 | $2,609,500.00 | | |
| 9/4/2012 | Robert Gary Sarver | Director | Sell | 20,000 | $36.75 | $735,000.00 | | |
(Data available from 1/1/2013 forward)
Meritage Homes (NYSE MTH) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Meritage Homes (MTH) vs. The Competition Financial Survey
www.americanbankingnews.com - April 21 at 9:08 PM |
| ValuEngine Lowers Meritage Homes (MTH) to Hold
www.americanbankingnews.com - April 20 at 12:24 AM |
| Meritage Homes (MTH) and Its Rivals Head to Head Contrast
www.americanbankingnews.com - April 19 at 9:04 PM |
| Financial Contrast: Meritage Homes (MTH) and The Competition
www.americanbankingnews.com - April 19 at 9:04 PM |
| Zacks: Analysts Anticipate Meritage Homes Co. (MTH) Will Announce Quarterly Sales of $708.69 Million
www.americanbankingnews.com - April 19 at 1:54 AM |
 | Plans to turn Charlotte-area golf course into subdivision leave neighbors concerned
finance.yahoo.com - April 18 at 5:16 PM |
| Head-To-Head Contrast: Meritage Homes (MTH) & Its Rivals
www.americanbankingnews.com - April 18 at 1:18 PM |
| Meritage Homes (MTH) to Release Earnings on Wednesday
www.americanbankingnews.com - April 18 at 2:48 AM |
| Meritage Homes Co. (MTH) Expected to Post Earnings of $0.74 Per Share
www.americanbankingnews.com - April 17 at 11:08 PM |
| Critical Comparison: Meritage Homes (MTH) vs. Its Rivals
www.americanbankingnews.com - April 17 at 9:14 PM |
| Critical Contrast: Meritage Homes (MTH) and Its Peers
www.americanbankingnews.com - April 17 at 3:13 AM |
 | Meritage, Village Builders offer new homes near Elyson’s amenities
www.msn.com - April 15 at 9:50 AM |
| Deutsche Bank Increases Meritage Homes (MTH) Price Target to $42.00
www.americanbankingnews.com - April 14 at 9:59 AM |
| UBS Begins Coverage on Meritage Homes (MTH)
www.americanbankingnews.com - April 5 at 3:30 PM |
| Meritage Homes Co. (MTH) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 5 at 11:15 AM |
| Insider Selling: Meritage Homes Co. (MTH) Insider Sells 5,009 Shares of Stock
www.americanbankingnews.com - April 4 at 10:59 PM |
| Meritage Homes (MTH) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 4 at 12:55 PM |
| Head to Head Survey: Green Brick Partners (GRBK) vs. Meritage Homes (MTH)
www.americanbankingnews.com - April 3 at 5:22 PM |
| Meritage Homes (MTH) Downgraded by ValuEngine
www.americanbankingnews.com - April 3 at 11:38 AM |
| How Lennar's (LEN) Margins Are Shaping Up for Q1 Earnings?
finance.yahoo.com - April 2 at 5:01 PM |
| Meritage Homes Earns Sixth Consecutive ENERGY STAR® Partner of the Year—Sustained Excellence Award for Leadership in Energy-Efficient Homebuilding
finance.yahoo.com - April 2 at 5:01 PM |
| Meritage Homes Co. (MTH) Expected to Post Quarterly Sales of $708.44 Million
www.americanbankingnews.com - April 2 at 1:46 AM |
| Brokerages Anticipate Meritage Homes Corp (MTH) Will Announce Earnings of $0.74 Per Share
www.americanbankingnews.com - March 31 at 11:10 PM |
| Meritage Homes (MTH) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - March 29 at 6:22 PM |
| Meritage Homes (MTH) and The Competition Head-To-Head Comparison
www.americanbankingnews.com - March 28 at 3:16 PM |
| Meritage Homes (MTH) Upgraded to "Outperform" by Credit Suisse Group
www.americanbankingnews.com - March 27 at 10:27 AM |
| Meritage Homes (MTH) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - March 25 at 11:28 PM |
| Analysis: Positioning to Benefit within Meritage, Huron Consulting Group, Callidus Software, Piper Jaffray Companies, USA Truck, and HNI — Research Highlights Growth, Revenue, and Consolidated Results
finance.yahoo.com - March 23 at 8:51 AM |
| BRIEF-Beijing New Building Materials Settles Litigation With U.S. Firm Meritage Homes
finance.yahoo.com - March 22 at 9:03 AM |
| Meritage Homes Corp to Post Q1 2018 Earnings of $0.74 Per Share, Wedbush Forecasts (MTH)
www.americanbankingnews.com - March 22 at 8:32 AM |
| Meritage Homes' (MTH) Hold Rating Reaffirmed at Keefe, Bruyette & Woods
www.americanbankingnews.com - March 21 at 9:32 PM |
| 4 Reasons Why Wedbush Is Bullish On Meritage Homes
finance.yahoo.com - March 20 at 4:51 PM |
| Meritage Homes (MTH) Coverage Initiated at Wedbush
www.americanbankingnews.com - March 20 at 11:20 AM |
| Head to Head Review: Great Lakes Dredge & Dock (GLDD) and Meritage Homes (MTH)
www.americanbankingnews.com - March 18 at 1:04 AM |
| Meritage Homes Announces Closing of Additional $200 Million of 6.00% Senior Unsecured Notes Due 2025
finance.yahoo.com - March 16 at 6:00 PM |
| Meritage Homes Corp (MTH) Expected to Announce Earnings of $0.74 Per Share
www.americanbankingnews.com - March 14 at 9:18 PM |
| Why You Should Buy Meritage Homes (MTH) Stock Right Now
finance.yahoo.com - March 14 at 9:26 AM |
| Meritage Homes (MTH) Upgraded by ValuEngine to "Strong-Buy"
www.americanbankingnews.com - March 13 at 10:19 PM |
| Meritage Homes Corp (MTH) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - March 11 at 10:45 AM |
| Meritage Homes Corp (MTH) Director Peter L. Ax Sells 12,500 Shares
www.americanbankingnews.com - March 9 at 6:32 PM |
| JPMorgan Chase & Co. Upgrades Meritage Homes (MTH) to Overweight
www.americanbankingnews.com - March 7 at 10:50 PM |
| Swiss National Bank Increases Stake in Meritage Homes Corp (MTH)
www.americanbankingnews.com - March 6 at 3:08 PM |
 | BRIEF-Meritage Homes Prices Additional $200 Mln Of 6.00% Senior Notes
www.reuters.com - March 4 at 5:58 PM |
| Arizona State Retirement System Has $3.26 Million Holdings in Meritage Homes Corp (MTH)
www.americanbankingnews.com - March 4 at 4:22 AM |
| Meritage Homes Announces Offering of $300 Million of Senior Unsecured Notes Due 2028
finance.yahoo.com - March 1 at 5:24 PM |
| Meritage Homes Announces Offering of $300 Million of Senior Unsecured Notes Due 2028
finance.yahoo.com - March 1 at 5:24 PM |
| Meritage Homes (MTH) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - February 28 at 10:16 PM |
| Schwab Charles Investment Management Inc. Acquires 5,422 Shares of Meritage Homes Corp (MTH)
www.americanbankingnews.com - February 27 at 7:06 AM |
| Meritage Homes Corp (MTH) Expected to Post Quarterly Sales of $711.90 Million
www.americanbankingnews.com - February 27 at 2:46 AM |
| Meritage Homes Appoints Clint Szubinski to lead South Region
finance.yahoo.com - February 20 at 5:22 PM |
Meritage Homes (NYSE:MTH) SEC Filings
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Meritage Homes (NYSE:MTH) Income Statement, Balance Sheet and Cash Flow Statement
Meritage Homes (NYSE MTH) Stock Chart for Monday, April, 23, 2018
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