NYSE:MTH Meritage Homes Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Meritage Homes Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $99.80 -1.96 (-1.93 %) (As of 09/18/2020 01:08 PM ET) Add Compare Share Today's Range$99.80Now: $99.80▼$103.2350-Day Range$93.30MA: $99.71▼$104.5452-Week Range$25.24Now: $99.80▼$106.99Volume3,085 shsAverage Volume535,888 shsMarket Capitalization$3.75 billionP/E Ratio11.54Dividend YieldN/ABeta1.79 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. 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.Read More Beat the Market (BTM) Rank™ 1.4 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $83.63, Meritage Homes has a forecasted downside of 17.0% from its current price of $100.79.Amount of Analyst CoverageMeritage Homes has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesMeritage Homes has received 382 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMeritage Homes has received 576 “underperform” votes. (Add your “underperform” vote.)Community SentimentMeritage Homes has received 60.13% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMeritage Homes does not currently pay a dividend.Dividend GrowthMeritage Homes does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meritage Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,491,499.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Meritage Homes is held by insiders.Percentage Held by Institutions97.03% of the stock of Meritage Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Meritage Homes are expected to grow by 13.30% in the coming year, from $9.17 to $10.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 11.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.00.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 11.65, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 29.18.Price to Earnings Growth RatioMeritage Homes has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Operative builders Sub-IndustryHomebuilding SectorConstruction Current SymbolNYSE:MTH Previous Symbol CUSIP59001A10 CIK833079 Webwww.meritagehomes.com Phone480-515-8100Debt Debt-to-Equity Ratio0.49 Current Ratio1.42 Quick Ratio1.42Price-To-Earnings Trailing P/E Ratio11.54 Forward P/E Ratio10.88 P/E Growth0.59 Sales & Book Value Annual Sales$3.67 billion Price / Sales1.02 Cash Flow$7.27 per share Price / Cash Flow13.73 Book Value$51.54 per share Price / Book1.94Profitability EPS (Most Recent Fiscal Year)$6.42 Net Income$249.66 million Net Margins8.35% Return on Equity16.93% Return on Assets9.26%Miscellaneous Employees1,510 Outstanding Shares37,604,000Market Cap$3.75 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $99.80 -1.96 (-1.93 %) (As of 09/18/2020 01:08 PM ET) 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 MTH and its competitors with MarketBeat's FREE daily newsletter. Meritage Homes (NYSE:MTH) Frequently Asked Questions How has Meritage Homes' stock 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 87.9% and is now trading at $101.49. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Meritage Homes? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 2 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. When is Meritage Homes' next earnings date? Meritage Homes is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020. View our earnings forecast for Meritage Homes. How were Meritage Homes' earnings last quarter? Meritage Homes Corp (NYSE:MTH) released its quarterly earnings data on Wednesday, July, 22nd. The construction company reported $2.38 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.52 by $0.86. The construction company earned $1.03 billion during the quarter, compared to analysts' expectations of $890.96 million. Meritage Homes had a net margin of 8.35% and a return on equity of 16.93%. View Meritage Homes' earnings history. What guidance has Meritage Homes issued on next quarter's earnings? Meritage Homes issued an update on its FY20 earnings guidance on Wednesday, July, 22nd. The company provided EPS guidance of $8.75-9.25 for the period, compared to the Thomson Reuters consensus estimate of $6.71. The company issued revenue guidance of $4.0-4.3 billion, compared to the consensus revenue estimate of $3.70 billion. What price target have analysts set for MTH? 8 equities research analysts have issued twelve-month price targets for Meritage Homes' stock. Their forecasts range from $55.00 to $113.00. On average, they expect Meritage Homes' stock price to reach $83.63 in the next year. This suggests that the stock has a possible downside of 17.6%. View analysts' price targets for Meritage Homes. Are investors shorting Meritage Homes? Meritage Homes saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,340,000 shares, an increase of 16.5% from the August 15th total of 1,150,000 shares. Based on an average trading volume of 436,100 shares, the short-interest ratio is presently 3.1 days. Currently, 3.6% of the shares of the company are short sold. View Meritage Homes' Short Interest. Who are some of Meritage Homes' key competitors? Some companies that are related to Meritage Homes include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV). View all 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), Pfizer (PFE), NVIDIA (NVDA), Home Depot (HD), QUALCOMM (QCOM), Walt Disney (DIS), Johnson & Johnson (JNJ), salesforce.com (CRM) and Intel (INTC). Who are Meritage Homes' key executives? Meritage Homes' management team includes the following 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) 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 Vanguard Group Inc. (11.40%), Fisher Asset Management LLC (3.75%), Macquarie Group Ltd. (3.23%), Goldman Sachs Group Inc. (3.03%), Nuveen Asset Management LLC (1.32%) and LSV Asset Management (1.30%). 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 Prudential Financial Inc., Vanguard Group Inc., Man Group plc, LSV Asset Management, Cubist Systematic Strategies LLC, Canada Pension Plan Investment Board, WINTON GROUP Ltd, and Bridgeway Capital Management Inc.. 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 Fisher Asset Management LLC, Goldman Sachs Group Inc., Muhlenkamp & Co. Inc., Macquarie Group Ltd., Waterfront Capital Partners LLC, Mackay Shields LLC, Alyeska Investment Group L.P., and Rafferty Asset Management LLC. 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 $101.49. How big of a company is Meritage Homes? Meritage Homes has a market capitalization of $3.82 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 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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