NYSE:MTH Meritage Homes - MTH 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. $110.71 -3.30 (-2.89%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$109.50▼$113.3250-Day Range$85.55▼$116.5952-Week Range$62.51▼$117.22Volume301,323 shsAverage Volume403,893 shsMarket Capitalization$4.05 billionP/E Ratio4.14Dividend YieldN/APrice Target$105.29 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Meritage Homes MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside0.1% Upside$110.86 Price TargetShort InterestHealthy2.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.49Based on 25 Articles This WeekInsider TradingN/AProj. Earnings Growth10.31%From $13.10 to $14.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.91 out of 5 starsConstruction Sector63rd out of 106 stocksOperative Builders Industry10th out of 16 stocks 1.2 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.86, Meritage Homes has a forecasted upside of 0.1% from its current price of $110.71.Amount of Analyst CoverageMeritage Homes has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.65% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meritage Homes has recently decreased by 14.16%, indicating that investor sentiment is improving 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTH. Previous Next 1.9 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 0.49. 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 25 news articles for Meritage Homes this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 1 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 Institutions95.63% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Meritage Homes are expected to grow by 10.31% in the coming year, from $13.10 to $14.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 4.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 4.14, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 17.79.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Meritage Homes (NYSE:MTH) StockMeritage Homes Corp. designs and builds single family homes. It offers variety of entry-level and first move-up homes. The firm operates through the following 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. The company was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.Read More 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 MTH Stock News HeadlinesFebruary 8, 2023 | americanbankingnews.comMeritage Homes (NYSE:MTH) PT Raised to $127.00 at KeyCorpFebruary 7, 2023 | americanbankingnews.comCredit Suisse Group Increases Meritage Homes (NYSE:MTH) Price Target to $130.00February 8, 2023 | Oxford Club (Ad)Putin's boneheaded mistake could make Americans INCREDIBLY RICH!The mainstream media isn't talking about this, but Americans who catch on early to this mistake made by Vladimir Putin... could become wealthy. This will be sure to infuriate him! Click here to see how. February 7, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Meritage Homes Co. Cut by Wedbush (NYSE:MTH)February 6, 2023 | finance.yahoo.comTime To Worry? Analysts Are Downgrading Their Meritage Homes Corporation (NYSE:MTH) OutlookFebruary 6, 2023 | americanbankingnews.comMeritage Homes (NYSE:MTH) Cut to "Hold" at StockNews.comFebruary 3, 2023 | finance.yahoo.comMeritage Homes Corporation (NYSE:MTH) Q4 2022 Earnings Call TranscriptFebruary 3, 2023 | americanbankingnews.comMeritage Homes (NYSE:MTH) Hits New 12-Month High on Strong EarningsFebruary 8, 2023 | Oxford Club (Ad)Putin's boneheaded mistake could make Americans INCREDIBLY RICH!The mainstream media isn't talking about this, but Americans who catch on early to this mistake made by Vladimir Putin... could become wealthy. This will be sure to infuriate him! Click here to see how. February 2, 2023 | fool.comMeritage Homes (MTH) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | msn.comMeritage Homes (MTH) Q4 Earnings Beat, Orders & Backlog FallFebruary 1, 2023 | msn.comMeritage Homes GAAP EPS of $7.09 beats by $0.06, revenue of $1.99B beats by $10MFebruary 1, 2023 | markets.businessinsider.comMeritage Homes Corp. Q4 Income Rises, Beats estimatesFebruary 1, 2023 | finance.yahoo.comMeritage Homes closes out 2022 with record fourth quarter results including a 29% increase in home closings, a 32% increase in home closing revenue and $7.09 of diluted EPSFebruary 1, 2023 | finance.yahoo.comMeritage Homes (MTH) Surpasses Q4 Earnings and Revenue EstimatesJanuary 31, 2023 | americanbankingnews.comMeritage Homes (MTH) Set to Announce Quarterly Earnings on WednesdayJanuary 28, 2023 | finance.yahoo.comMeritage Homes (NYSE:MTH) stock performs better than its underlying earnings growth over last five yearsJanuary 23, 2023 | msn.com$1000 Invested In Meritage Homes 15 Years Ago Would Be Worth This Much TodayJanuary 3, 2023 | finance.yahoo.comMeritage Homes Fourth Quarter 2022 Earnings Conference Call and Webcast Scheduled for February 2, 2023December 22, 2022 | finance.yahoo.comHere's Why We Think Meritage Homes (NYSE:MTH) Is Well Worth WatchingDecember 16, 2022 | benzinga.comShort Volatility Alert: Meritage HomesDecember 13, 2022 | finance.yahoo.comMeritage Homes Gives More Than $2.5 Million in 2022 To Build Stronger Communities NationwideDecember 2, 2022 | finance.yahoo.comWhy Meritage Homes (MTH) is a Top Momentum Stock for the Long-TermNovember 27, 2022 | finance.yahoo.comMassively Misunderstood: The Mega-Trend That Makes This Homebuilder Stock Worth BuyingNovember 25, 2022 | finance.yahoo.comWhy Is Meritage (MTH) Up 15.6% Since Last Earnings Report?November 24, 2022 | finance.yahoo.comMeritage Homes Corporation's (NYSE:MTH) Stock's On An Uptrend: Are Strong Financials Guiding The Market?November 15, 2022 | seekingalpha.comMeritage Homes: Look At Its Performance Over The CycleSee More Headlines 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 MTH Company Calendar Last Earnings2/01/2023Today2/08/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded2015Price Target and Rating Average Stock Price Forecast$110.86 High Stock Price Forecast$130.00 Low Stock Price Forecast$65.00 Forecasted Upside/Downside-4.9%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$26.75 Trailing P/E Ratio4.14 Forward P/E Ratio8.45 P/E GrowthN/ANet Income$992.19 million Net Margins15.79% Pretax Margin20.49% Return on Equity27.92% Return on Assets18.28% Debt Debt-to-Equity Ratio0.29 Current Ratio1.72 Quick Ratio0.79 Sales & Book Value Annual Sales$6.27 billion Price / Sales0.65 Cash Flow$27.89 per share Price / Cash Flow3.97 Book Value$108.00 per share Price / Book1.03Miscellaneous Outstanding Shares36,570,000Free Float35,913,000Market Cap$4.05 billion OptionableOptionable Beta1.58 Key ExecutivesPhillippe LordPresident, Chief Executive Officer & DirectorClinton SzubinskiChief Operating Officer & Executive Vice PresidentHilla SferruzzaChief Financial Officer & Executive Vice PresidentJavier FelicianoChief People Officer & Executive VPMalissia R. ClintonSecretary, Executive VP & General CounselKey CompetitorsKB HomeNYSE:KBHM.D.C.NYSE:MDCTri Pointe HomesNYSE:TPHM/I HomesNYSE:MHOToll BrothersNYSE:TOLView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Bought 353 shares on 2/8/2023Ownership: 0.096%Trillium Asset Management LLCSold 1,078 shares on 2/8/2023Ownership: 0.084%Arizona State Retirement SystemBought 346 shares on 2/8/2023Ownership: 0.028%Envestnet Asset Management Inc.Sold 1,029 shares on 2/7/2023Ownership: 0.161%Shell Asset Management Co.Sold 1,173 shares on 2/7/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions MTH Stock - Frequently Asked Questions Should I buy or sell Meritage Homes stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MTH shares. 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 MTH analyst ratings or view top-rated stocks. What is Meritage Homes' stock price forecast for 2023? 8 analysts have issued twelve-month price objectives for Meritage Homes' shares. Their MTH share price forecasts range from $65.00 to $130.00. On average, they predict the company's share price to reach $110.86 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View analysts price targets for MTH or view top-rated stocks among Wall Street analysts. How have MTH shares performed in 2023? Meritage Homes' stock was trading at $92.20 on January 1st, 2023. Since then, MTH shares have increased by 19.7% and is now trading at $110.35. View the best growth stocks for 2023 here. When is Meritage Homes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our MTH earnings forecast. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) issued its earnings results on Wednesday, February, 1st. The construction company reported $7.09 EPS for the quarter, topping analysts' consensus estimates of $7.03 by $0.06. The construction company earned $1.99 billion during the quarter, compared to analyst estimates of $1.98 billion. Meritage Homes had a net margin of 15.79% and a trailing twelve-month return on equity of 27.92%. The firm's revenue for the quarter was up 32.9% on a year-over-year basis. During the same period last year, the company posted $6.25 EPS. 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 retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (3.10%), Greenhaven Associates Inc. (2.24%), New York State Common Retirement Fund (0.67%), Vaughan Nelson Investment Management L.P. (0.49%), Swiss National Bank (0.24%) and South Dakota Investment Council (0.24%). Insiders that own company 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. How do I buy shares of Meritage Homes? Shares of MTH stock 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 $110.35. How much money does Meritage Homes make? Meritage Homes (NYSE:MTH) has a market capitalization of $4.04 billion and generates $6.27 billion in revenue each year. The construction company earns $992.19 million in net income (profit) each year or $26.75 on an earnings per share basis. How many employees does Meritage Homes have? The company employs 1,773 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 official website for the company 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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