NYSE:MTH

Meritage Homes Stock Forecast, Price & News

$95.63
+0.51 (+0.54 %)
(As of 04/12/2021 11:01 AM ET)
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Today's Range
$94.26
Now: $95.63
$95.84
50-Day Range
$82.08
MA: $88.42
$94.30
52-Week Range
$36.99
Now: $95.63
$117.06
Volume2,657 shs
Average Volume524,281 shs
Market Capitalization$3.62 billion
P/E Ratio9.86
Dividend YieldN/A
Beta1.65
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 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.
Meritage Homes logo

Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
CUSIP59001A10
Phone480-515-8100
Employees1,570
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.67 billion
Cash Flow$8.47 per share
Book Value$51.54 per share

Profitability

Net Income$249.66 million

Miscellaneous

Market Cap$3.62 billion
Next Earnings Date4/28/2021 (Confirmed)
OptionableOptionable

Headlines

Wolfe Research Initiates Coverage on Meritage Homes (NYSE:MTH)
March 22, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

2.06 out of 5 stars

Construction Sector

12th out of 206 stocks

Operative Builders Industry

7th out of 19 stocks

Analyst Opinion: 2.3Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 4.4 5 -4 -3 -2 -1 -
$95.63
+0.51 (+0.54 %)
(As of 04/12/2021 11:01 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Meritage Homes (NYSE:MTH) Frequently Asked Questions

Is Meritage Homes a buy right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 6 hold ratings, 4 buy ratings and 1 strong buy rating 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.

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 past winning trading ideas 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.

Are investors shorting Meritage Homes?

Meritage Homes saw a increase in short interest during the month of February. As of February 26th, there was short interest totaling 1,580,000 shares, an increase of 42.3% from the February 11th total of 1,110,000 shares. Based on an average daily trading volume, of 543,000 shares, the days-to-cover ratio is currently 2.9 days. Approximately 4.3% of the company's stock 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, April 28th 2021.
View our earnings forecast for Meritage Homes
.

How can I listen to Meritage Homes' earnings call?

Meritage Homes will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Meritage Homes' earnings last quarter?

Meritage Homes Co. (NYSE:MTH) released its earnings results on Tuesday, January, 26th. The construction company reported $3.97 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.36 by $0.61. The construction company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.31 billion. Meritage Homes had a trailing twelve-month return on equity of 18.16% and a net margin of 8.88%. The company's quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the previous year, the company earned $2.65 EPS.
View Meritage Homes' earnings history
.

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

Meritage Homes' stock was trading at $54.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTH shares have increased by 77.1% and is now trading at $95.63.
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 After-Hours earnings guidance on Wednesday, January, 27th. The company provided earnings per share (EPS) guidance of 10.50-11.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $12.81.

What price target have analysts set for MTH?

11 equities research analysts have issued 1-year price targets for Meritage Homes' shares. Their forecasts range from $65.00 to $135.00. On average, they expect Meritage Homes' stock price to reach $103.13 in the next year. This suggests a possible upside of 7.8% 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:
  • Mr. Steven J. Hilton, Exec. Chairman (Age 60, Pay $5.64M)
  • Mr. Phillippe Lord, CEO & Director (Age 47, Pay $3.09M)
  • Ms. Hilla Sferruzza, CFO & Exec. VP (Age 45, Pay $1.94M)
  • Mr. C. Timothy White, Exec. VP & Gen. Counsel (Age 60, Pay $1.8M)
  • Mr. Javier Feliciano, Chief People Officer & Exec. VP (Age 47, Pay $779.28k)
  • Mr. Clinton Szubinski, Exec. VP & COO (Age 44)
  • Mr. Mattew Gulla, Co-Chief Operating Officer
  • Emily Tadano, VP of Investor Relations
  • Mr. Christopher Ryan, Pres of Florida Division
  • Mr. Richard Harvey, Pres of Texas Region Operations

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 a variety of retail and institutional investors. Top institutional investors include Pacer Advisors Inc. (0.14%), State of Alaska Department of Revenue (0.07%), Everence Capital Management Inc. (0.02%) and Carroll Financial Associates Inc. (0.00%). 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 major investors are selling Meritage Homes stock?

MTH stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Meritage Homes company stock in the last year 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 insider buying and selling activity for Meritage Homes
or view top insider-selling stocks.

Which major investors are buying Meritage Homes stock?

MTH stock was bought by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Everence Capital Management Inc., and Carroll Financial Associates 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 $95.63.

How much money does Meritage Homes make?

Meritage Homes has a market capitalization of $3.62 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.

How many employees does Meritage Homes have?

Meritage Homes employs 1,570 workers across the globe.

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 4/12/2021 by MarketBeat.com Staff
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