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NYSE:MTH

Meritage Homes Stock Forecast, Price & News

$92.30
+0.50 (+0.54 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$89.43
Now: $92.30
$92.49
50-Day Range
$83.52
MA: $97.18
$114.99
52-Week Range
$25.24
Now: $92.30
$117.06
Volume179,434 shs
Average Volume512,233 shs
Market Capitalization$3.47 billion
P/E Ratio9.52
Dividend YieldN/A
Beta1.84
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 under the Monterey Homes brand name; 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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Meritage Homes logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 4.4 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.29 out of 5 stars


Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
CUSIP59001A10
Phone480-515-8100
Employees1,510

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.67 billion
Cash Flow$6.91 per share
Book Value$58.49 per share

Profitability

Net Income$249.66 million

Miscellaneous

Market Cap$3.47 billion
Next Earnings Date2/3/2021 (Estimated)
OptionableOptionable
$92.30
+0.50 (+0.54 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Meritage Homes (NYSE:MTH) Frequently Asked Questions

How has Meritage Homes' stock been impacted by Coronavirus?

Meritage Homes' stock was trading at $54.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTH shares have increased by 70.9% and is now trading at $92.30.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Meritage Homes?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Meritage Homes
.

What stocks does MarketBeat like better than Meritage Homes?

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

When is Meritage Homes' next earnings date?

Meritage Homes is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Meritage Homes
.

How were Meritage Homes' earnings last quarter?

Meritage Homes Co. (NYSE:MTH) posted its quarterly earnings data on Wednesday, October, 21st. The construction company reported $2.84 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.42 by $0.42. The construction company earned $1.14 billion during the quarter, compared to analyst estimates of $1.08 billion. Meritage Homes had a return on equity of 18.16% and a net margin of 8.88%.
View Meritage Homes' earnings history
.

What price target have analysts set for MTH?

9 brokers have issued twelve-month price objectives for Meritage Homes' stock. Their forecasts range from $65.00 to $138.00. On average, they expect Meritage Homes' stock price to reach $110.75 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
View analysts' price targets for Meritage Homes
.

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).

Who are Meritage Homes' key executives?

Meritage Homes' management team includes the following people:
  • Mr. Steven J. Hilton, Co-Founder, Chairman & CEO (Age 59, Pay $5.64M)
  • Ms. Hilla Sferruzza, CFO & Exec. VP (Age 44, Pay $1.94M)
  • Mr. Phillippe Lord, COO & Exec. VP (Age 46, Pay $3.09M)
  • Mr. C. Timothy White, Gen. Counsel, Exec. VP & Sec. (Age 59, Pay $1.8M)
  • Mr. Javier Feliciano, Chief HR Officer & Exec. VP (Age 46, Pay $779.28k)
  • Mr. Mattew Gulla, Co-Chief Operating Officer
  • Mr. Brent A. Anderson, VP of Investor Relations
  • Mr. Christopher Ryan, Pres of Florida Division
  • Mr. Richard Harvey, Pres of Texas Region Operations
  • Mr. Clint Szubinski, Pres of South Region

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.94%), Earnest Partners LLC (3.87%), Fisher Asset Management LLC (3.65%), State Street Corp (3.20%), JPMorgan Chase & Co. (1.37%) and Acadian Asset Management LLC (1.27%). 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, R Odell Michael, Raymond Oppel 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 Arrowstreet Capital Limited Partnership, Scopus Asset Management L.P., Dalton Greiner Hartman Maher & Co., New York State Common Retirement Fund, Morgan Stanley, Fisher Asset Management LLC, State Street Corp, and SG Americas Securities LLC. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Dana Bradford, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, R Odell Michael, Raymond Oppel, and Steven J Hilton.
View insider buying and selling activity for Meritage Homes
.

Which major investors are buying Meritage Homes stock?

MTH stock was bought by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., BlackRock Inc., Victory Capital Management Inc., Jupiter Asset Management Ltd., Great Lakes Advisors LLC, JPMorgan Chase & Co., AXA S.A., and Thrivent Financial for Lutherans.
View insider buying and selling activity 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 $92.30.

How big of a company is Meritage Homes?

Meritage Homes has a market capitalization of $3.47 billion and generates $3.67 billion in revenue each year. The construction company earns $249.66 million in net income (profit) each year or $6.42 on an earnings per share basis. Meritage Homes employs 1,510 workers across the globe.

What is Meritage Homes' official website?

The official website for Meritage Homes is 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]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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