×
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NYSE:MTH

Meritage Homes (MTH) Stock Forecast, Price & News

$85.77
+1.17 (+1.38%)
(As of 05/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$84.18
$85.91
50-Day Range
$77.48
$92.48
52-Week Range
$75.54
$125.01
Volume
233,017 shs
Average Volume
379,728 shs
Market Capitalization
$3.15 billion
P/E Ratio
3.96
Dividend Yield
N/A
Beta
1.56
30 days | 90 days | 365 days | Advanced Chart
Receive MTH 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.

Meritage Homes logo

About Meritage Homes

Meritage Homes Corporation, together with its subsidiaries, 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 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
59001A10
Employees
1,773
Year Founded
2015

Sales & Book Value

Annual Sales
$5.14 billion
Cash Flow
$20.47 per share
Book Value
$86.34 per share

Profitability

Net Income
$737.44 million
Pretax Margin
20.11%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,034,000
Market Cap
$3.15 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/27/2022
Today
5/28/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.30 out of 5 stars

Construction Sector

61st out of 136 stocks

Operative Builders Industry

10th out of 20 stocks

Analyst Opinion: 3.3Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -













Meritage Homes (NYSE:MTH) Frequently Asked Questions

Is Meritage Homes a buy right now?

8 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" Meritage Homes stock.
View analyst ratings for Meritage Homes
or view top-rated stocks.

When is Meritage Homes' next earnings date?

Meritage Homes is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Meritage Homes
.

How were Meritage Homes' earnings last quarter?

Meritage Homes Co. (NYSE:MTH) announced its quarterly earnings data on Wednesday, April, 27th. The construction company reported $5.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.68 by $1.11. The construction company earned $1.29 billion during the quarter, compared to the consensus estimate of $1.25 billion. Meritage Homes had a net margin of 15.40% and a trailing twelve-month return on equity of 28.21%. The business's quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the company posted $3.44 earnings per share.
View Meritage Homes' earnings history
.

What price target have analysts set for MTH?

8 Wall Street analysts have issued 12-month price targets for Meritage Homes' shares. Their forecasts range from $89.00 to $157.00. On average, they anticipate Meritage Homes' share price to reach $119.33 in the next twelve months. This suggests a possible upside of 39.1% 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:
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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.38%), Vanguard Group Inc. (11.49%), Dimensional Fund Advisors LP (4.70%), Earnest Partners LLC (3.98%), State Street Corp (3.57%) and Fisher Asset Management LLC (3.18%). Company insiders that own Meritage Homes 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 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 Victory Capital Management Inc., Shellback Capital LP, Goldman Sachs Group Inc., Charles Schwab Investment Management Inc., Panagora Asset Management Inc., Principal Financial Group Inc., Allianz Asset Management GmbH, and Penserra Capital Management LLC. Company insiders that have sold Meritage Homes company stock in the last year include Alison Sasser, C Timothy White, Clinton Szubinski, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Phillippe Lord, and Steven J Hilton.
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 acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, GRS Advisors LLC, Skandinaviska Enskilda Banken AB publ , South Dakota Investment Council, State Street Corp, JPMorgan Chase & Co., Dynamic Technology Lab Private Ltd, and Fuller & Thaler Asset Management Inc..
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 $85.77.

How much money does Meritage Homes make?

Meritage Homes has a market capitalization of $3.15 billion and generates $5.14 billion in revenue each year. The construction company earns $737.44 million in net income (profit) each year or $21.65 on an earnings per share basis.

How many employees does Meritage Homes have?

Meritage Homes employs 1,773 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.

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, via email at [email protected], or via fax at 480-998-9162.

This page was last updated on 5/29/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.