NYSE:MTH - Meritage Homes Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$40.55 -0.01 (-0.02 %)
(As of 01/16/2019 03:11 AM ET)
Previous Close$40.56
Today's Range$40.24 - $41.04
52-Week Range$32.02 - $53.55
Volume725,000 shs
Average Volume503,320 shs
Market Capitalization$1.65 billion
P/E Ratio10.45
Dividend YieldN/A
Beta0.91
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 various homebuyers, including first-time, move-up, active-adult, and luxury homes under the Meritage Homes brand name. The company also provides warranty and customer services; and insurance and closing/settlement services for its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Receive MTH News and Ratings via Email

Sign-up to receive the latest news and ratings for MTH and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
CUSIP59001A10
Phone480-515-8100

Debt

Current Ratio0.86
Quick Ratio0.86

Price-To-Earnings

Sales & Book Value

Annual Sales$3.23 billion
Price / Sales0.50
Cash Flow$4.3696 per share
Price / Cash Flow9.28
Book Value$39.10 per share
Price / Book1.04

Profitability

Net Income$143.25 million
Net Margins5.43%
Return on Assets6.17%

Miscellaneous

Employees1,605
Market Cap$1.65 billion
OptionableOptionable

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) issued its quarterly earnings results on Wednesday, October, 24th. The construction company reported $1.33 EPS for the quarter, missing analysts' consensus estimates of $1.36 by $0.03. The construction company had revenue of $884.58 million for the quarter, compared to analysts' expectations of $899.55 million. Meritage Homes had a net margin of 5.43% and a return on equity of 12.56%. 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 30th 2019. View Earnings Estimates for Meritage Homes.

What price target have analysts set for MTH?

13 Wall Street analysts have issued 12-month price targets for Meritage Homes' shares. Their predictions range from $36.00 to $57.00. On average, they expect Meritage Homes' stock price to reach $46.50 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Meritage Homes.

What is the consensus analysts' recommendation for Meritage Homes?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meritage Homes.

Has Meritage Homes been receiving favorable news coverage?

Media headlines about MTH stock have been trending negative on Wednesday, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meritage Homes earned a news impact score of -2.5 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the next several days.

Who are some of Meritage Homes' key competitors?

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 number of of institutional and retail investors. Top institutional shareholders include Greenhaven Associates Inc. (0.18%) and Louisiana State Employees Retirement System (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 and Robert Gary Sarver. 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 Louisiana State Employees Retirement System and Greenhaven Associates Inc.. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Hilla Sferruzza, Javier Feliciano, Peter L Ax and Phillippe Lord. 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, Scottrade, Fidelity and Charles Schwab.

What is Meritage Homes' stock price today?

One share of MTH stock can currently be purchased for approximately $40.55.

How big of a company is Meritage Homes?

Meritage Homes has a market capitalization of $1.65 billion and generates $3.23 billion in revenue each year. The construction company earns $143.25 million in net income (profit) each year or $3.88 on an earnings per share basis. Meritage Homes employs 1,605 workers across the globe.

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:  1.9 out of 5 (star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  476 (Vote Underperform)
Total Votes:  780
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 1/16/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel