NYSE:MTH

Meritage Homes Stock Forecast, Price & News

$105.60
+0.25 (+0.24 %)
(As of 09/17/2021 12:00 AM ET)
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Today's Range
$104.26
$106.16
50-Day Range
$88.30
$115.00
52-Week Range
$78.00
$120.19
Volume845,469 shs
Average Volume420,045 shs
Market Capitalization$3.98 billion
P/E Ratio7.23
Dividend YieldN/A
Beta1.71
30 days | 90 days | 365 days | Advanced Chart
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About Meritage Homes

Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses. The Financial Services segment includes the operations of the company's subsidiary, Carefree Title. Meritage Homes was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.

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MarketRank

Overall MarketRank

2.20 out of 5 stars

Construction Sector

60th out of 137 stocks

Operative Builders Industry

12th out of 20 stocks

Analyst Opinion: 2.2Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -
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Meritage Homes (NYSE:MTH) Frequently Asked Questions

Is Meritage Homes a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last twelve months. There are currently 7 hold ratings and 3 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 stocks does MarketBeat like better than Meritage Homes?

Wall Street analysts have given Meritage Homes a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Meritage Homes wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Meritage Homes?

Meritage Homes saw a decline in short interest during the month of August. As of August 13th, there was short interest totaling 1,480,000 shares, a decline of 17.8% from the July 29th total of 1,800,000 shares. Based on an average daily trading volume, of 327,900 shares, the days-to-cover ratio is currently 4.5 days. Approximately 4.0% of the company's shares are sold short.
View Meritage Homes' Short Interest
.

When is Meritage Homes' next earnings date?

Meritage Homes is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Meritage Homes
.

How were Meritage Homes' earnings last quarter?

Meritage Homes Co. (NYSE:MTH) released its earnings results on Wednesday, July, 28th. The construction company reported $4.36 earnings per share for the quarter, topping the consensus estimate of $3.45 by $0.91. The construction company earned $1.28 billion during the quarter, compared to the consensus estimate of $1.16 billion. Meritage Homes had a trailing twelve-month return on equity of 23.24% and a net margin of 11.38%.
View Meritage Homes' earnings history
.

How has Meritage Homes' stock price been impacted by COVID-19 (Coronavirus)?

Meritage Homes' stock was trading at $54.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTH shares have increased by 95.5% and is now trading at $105.60.
View which stocks have been most impacted by COVID-19
.

What guidance has Meritage Homes issued on next quarter's earnings?

Meritage Homes issued an update on its FY 2021 earnings guidance on Wednesday, August, 4th. The company provided earnings per share guidance of $18.550-$19.450 for the period, compared to the Thomson Reuters consensus estimate of $14.720. The company issued revenue guidance of -.

What price target have analysts set for MTH?

10 brokers have issued 12 month price objectives for Meritage Homes' shares. Their forecasts range from $100.00 to $135.00. On average, they anticipate Meritage Homes' stock price to reach $116.25 in the next year. This suggests a possible upside of 10.1% from the stock's current price.
View analysts' price targets for Meritage Homes
or view top-rated stocks among Wall Street analysts.

Who are Meritage Homes' key executives?

Meritage Homes' management team includes the following people:
  • Phillippe Lord, Chief Executive Officer & Director
  • Clinton Szubinski, Chief Operating Officer & Executive Vice President
  • Hilla Sferruzza, EVP, Chief Financial & Accounting Officer
  • C. Timothy White, Secretary, Executive VP & General Counsel
  • Javier Feliciano, Chief People Officer & Executive VP

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 D.R. Horton (DHI), Verizon Communications (VZ), NVIDIA (NVDA), Pfizer (PFE), The Home Depot (HD), QUALCOMM (QCOM), Johnson & Johnson (JNJ), salesforce.com (CRM), The 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.92%), Vanguard Group Inc. (10.89%), Dimensional Fund Advisors LP (4.71%), Price T Rowe Associates Inc. MD (3.72%), Fisher Asset Management LLC (3.25%) and State Street Corp (3.20%). Company insiders that own Meritage Homes stock include 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 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 Dimensional Fund Advisors LP, BlackRock Inc., Millennium Management LLC, Balyasny Asset Management LLC, Northern Trust Corp, JPMorgan Chase & Co., Vanguard Group Inc., and Morgan Stanley. Company insiders that have sold Meritage Homes company stock in the last year include Clinton Szubinski, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, R Odell Michael, and Raymond Oppel.
View insider buying and selling activity for Meritage Homes
or view top insider-selling stocks.

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, Goldman Sachs Group Inc., Principal Financial Group Inc., Victory Capital Management Inc., Kennedy Capital Management Inc., Geode Capital Management LLC, M&G Investment Management Ltd., and Basswood Capital Management L.L.C..
View insider buying and selling activity for Meritage Homes
or or view top insider-buying 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 $105.60.

How much money does Meritage Homes make?

Meritage Homes has a market capitalization of $3.98 billion and generates $4.50 billion in revenue each year. The construction company earns $423.48 million in net income (profit) each year or $11.00 on an earnings per share basis.

How many employees does Meritage Homes have?

Meritage Homes employs 1,570 workers across the globe.

When was Meritage Homes founded?

Meritage Homes was founded in 2015.

What is Meritage Homes' official website?

The official website for Meritage Homes is www.meritagehomes.com.

Where are Meritage Homes' headquarters?

Meritage Homes is headquartered at 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260.

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].


This page was last updated on 9/19/2021 by MarketBeat.com Staff
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