NYSE:MTH - Meritage Homes Stock Price, News, & Analysis

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$43.31 +0.06 (+0.14 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$43.31
Today's Range$42.78 - $43.88
52-Week Range$32.02 - $48.70
Volume384,249 shs
Average Volume363,871 shs
Market Capitalization$1.65 billion
P/E Ratio7.76
Dividend YieldN/A
Beta1.15
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 first-time and first move-up buyers. The company also offers luxury homes; and 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.

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Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
CUSIP59001A10
Phone480-515-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.51 billion
Cash Flow$6.3598 per share
Book Value$43.06 per share

Profitability

Net Income$227.33 million

Miscellaneous

Employees1,615
Market Cap$1.65 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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) released its quarterly earnings results on Wednesday, January, 30th. The construction company reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.39. The construction company earned $1.01 billion during the quarter, compared to analysts' expectations of $958.84 million. Meritage Homes had a return on equity of 13.49% and a net margin of 6.47%. Meritage Homes's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 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, April 24th 2019. View Earnings Estimates for Meritage Homes.

What price target have analysts set for MTH?

11 brokerages have issued 12-month price objectives for Meritage Homes' shares. Their predictions range from $36.00 to $51.00. On average, they expect Meritage Homes' stock price to reach $44.0089 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets 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 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meritage Homes.

Has Meritage Homes been receiving favorable news coverage?

News coverage about MTH stock has been trending neutral this week, InfoTrie reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meritage Homes earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near future.

Who are some of Meritage Homes' key 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 CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Energy Transfer LP Unit (ET), Micron Technology (MU), Chipotle Mexican Grill (CMG), Transocean (RIG), Ford Motor (F) and Och-Ziff Capital Management Group (OZM).

Who are Meritage Homes' key executives?

Meritage Homes' management team includes the folowing people:
  • Mr. Steven J. Hilton, Chairman & CEO (Age 58)
  • Ms. Hilla Sferruzza, CFO & Exec. VP (Age 43)
  • Mr. Phillippe Lord, COO & Exec. VP (Age 45)
  • Mr. C. Timothy White, Gen. Counsel, Exec. VP & Sec. (Age 58)
  • Mr. Javier Feliciano, Chief HR Officer & Exec. VP (Age 45)

Who are Meritage Homes' major shareholders?

Meritage Homes' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.57%), Macquarie Group Ltd. (4.71%), Fisher Asset Management LLC (4.08%), FMR LLC (2.72%), Northern Trust Corp (2.09%) and Bank of New York Mellon Corp (1.70%). Company insiders that own Meritage Homes stock include C Timothy White, Dana Bradford, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, Robert Gary Sarver and Steven J Hilton. 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 Prudential Financial Inc., Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, South Dakota Investment Council, Assenagon Asset Management S.A., James Investment Research Inc., Barclays PLC and New Amsterdam Partners LLC NY. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Phillippe Lord and Steven J Hilton. 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 FMR LLC, Norges Bank, Brandywine Global Investment Management LLC, Rafferty Asset Management LLC, Bank of New York Mellon Corp, BlackRock Inc., Bank of America Corp DE and Macquarie Group Ltd.. 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 $43.31.

How big of a company is Meritage Homes?

Meritage Homes has a market capitalization of $1.65 billion and generates $3.51 billion in revenue each year. The construction company earns $227.33 million in net income (profit) each year or $5.58 on an earnings per share basis. Meritage Homes employs 1,615 workers across the globe.

What is Meritage Homes' official website?

The official website for Meritage Homes is http://www.meritagehomes.com.

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:  310 (Vote Outperform)
Underperform Votes:  495 (Vote Underperform)
Total Votes:  805
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 3/24/2019 by MarketBeat.com Staff

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