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Meritage Homes Stock Price, News & Analysis (NYSE:MTH)

$72.92
-2.15 (-2.86 %)
(As of 10/23/2019 09:51 AM ET)
Today's Range
$68.71
Now: $72.92
$73.74
50-Day Range
$64.35
MA: $70.13
$75.38
52-Week Range
$32.02
Now: $72.92
$76.39
Volume41,561 shs
Average Volume406,349 shs
Market Capitalization$2.79 billion
P/E Ratio13.07
Dividend YieldN/A
Beta1
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. Read More…

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$6.20 per share
Book Value$43.06 per share

Profitability

Net Income$227.33 million

Miscellaneous

Employees1,615
Market Cap$2.79 billion
Next Earnings Date1/29/2020 (Estimated)
OptionableOptionable

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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) posted its quarterly earnings results on Tuesday, October, 22nd. The construction company reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.30. The construction company had revenue of $940.90 million for the quarter, compared to analyst estimates of $930.41 million. Meritage Homes had a return on equity of 11.81% and a net margin of 5.94%. Meritage Homes's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.33 earnings per share. 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, January 29th 2020. View Earnings Estimates for Meritage Homes.

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

Meritage Homes issued an update on its FY19 earnings guidance on Tuesday, October, 22nd. The company provided EPS guidance of $5.50-5.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.46. The company issued revenue guidance of $3.5 billion, compared to the consensus revenue estimate of $3.57 billion.

What price target have analysts set for MTH?

8 analysts have issued 12 month price targets for Meritage Homes' stock. Their forecasts range from $39.00 to $82.00. On average, they expect Meritage Homes' share price to reach $55.23 in the next twelve months. This suggests that the stock has a possible downside of 22.5%. View Analyst Price Targets for Meritage Homes.

What is the consensus analysts' recommendation for Meritage Homes?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meritage Homes.

Has Meritage Homes been receiving favorable news coverage?

News stories about MTH stock have trended negative recently, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Meritage Homes earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Meritage Homes.

Are investors shorting Meritage Homes?

Meritage Homes saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 1,420,000 shares, a decline of 10.1% from the August 30th total of 1,580,000 shares. Based on an average trading volume of 554,600 shares, the short-interest ratio is currently 2.6 days. Approximately 3.8% of the company's shares are short sold. View Meritage Homes' Current Options Chain.

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), Energy Transfer LP Unit (ET), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Tesla (TSLA), Bank of America (BAC) and Ford Motor (F).

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 institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.51%), Bowling Portfolio Management LLC (0.09%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.05%), Virginia Retirement Systems ET AL (0.04%) and Strs Ohio (0.04%). 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, Raymond Oppel, Robert Gary Sarver and Steven J Hilton. View Institutional Ownership Trends for Meritage Homes.

Which major investors are selling Meritage Homes stock?

MTH stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Pacer Advisors Inc., Bowling Portfolio Management LLC, Envestnet Asset Management Inc. and Crossmark Global Holdings Inc.. 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, Raymond Oppel and Steven J Hilton. View Insider Buying and Selling for Meritage Homes.

Which major investors are buying Meritage Homes stock?

MTH stock was purchased by a variety of institutional investors in the last quarter, including Convergence Investment Partners LLC, State of Alaska Department of Revenue, Meeder Asset Management Inc., Campbell & CO Investment Adviser LLC, Robeco Institutional Asset Management B.V., First Citizens Bank & Trust Co., Dalton Greiner Hartman Maher & Co. and Virginia Retirement Systems ET AL. 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, Robinhood, Fidelity and Charles Schwab.

What is Meritage Homes' stock price today?

One share of MTH stock can currently be purchased for approximately $71.27.

How big of a company is Meritage Homes?

Meritage Homes has a market capitalization of $2.73 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.View Additional Information About Meritage Homes.

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:  2.0 out of 5 (star star)
Outperform Votes:  345 (Vote Outperform)
Underperform Votes:  531 (Vote Underperform)
Total Votes:  876
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 10/23/2019 by MarketBeat.com Staff

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