S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:MTH

Meritage Homes Stock Forecast, Price & News

$117.94
-0.10 (-0.08%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$116.14
$119.30
50-Day Range
$96.96
$119.08
52-Week Range
$78.00
$123.28
Volume
373,100 shs
Average Volume
388,885 shs
Market Capitalization
$4.40 billion
P/E Ratio
6.93
Dividend Yield
N/A
Beta
1.68
30 days | 90 days | 365 days | Advanced Chart
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Meritage Homes logo

About Meritage Homes

Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses. The Financial Services segment includes the operations of the company's subsidiary, Carefree Title. Meritage Homes was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.

Headlines

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Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
59001A10
Employees
1,570
Year Founded
2015

Sales & Book Value

Annual Sales
$4.50 billion
Cash Flow
$12.07 per share
Book Value
$75.72 per share

Profitability

Net Income
$423.48 million
Pretax Margin
16.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,639,000
Market Cap
$4.40 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Today
12/06/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

MarketRank

Overall MarketRank

2.14 out of 5 stars

Construction Sector

70th out of 135 stocks

Operative Builders Industry

11th out of 20 stocks

Analyst Opinion: 1.2Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -












Meritage Homes (NYSE:MTH) Frequently Asked Questions

Is Meritage Homes a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Meritage Homes stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTH, but not buy additional shares or sell existing shares.
View analyst ratings for Meritage Homes
or view top-rated stocks.

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 (WHO). Since then, MTH stock has increased by 118.4% and is now trading at $117.94.
View which stocks have been most impacted by COVID-19
.

When is Meritage Homes' next earnings date?

Meritage Homes is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Meritage Homes
.

How were Meritage Homes' earnings last quarter?

Meritage Homes Co. (NYSE:MTH) announced its quarterly earnings results on Wednesday, October, 27th. The construction company reported $5.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $4.45 by $0.80. The construction company earned $1.26 billion during the quarter, compared to the consensus estimate of $1.19 billion. Meritage Homes had a net margin of 12.91% and a trailing twelve-month return on equity of 25.40%. Meritage Homes's quarterly revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.84 earnings per share.
View Meritage Homes' earnings history
.

What guidance has Meritage Homes issued on next quarter's earnings?

Meritage Homes issued an update on its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided EPS guidance of $18.750-$19.400 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $18.360. The company issued revenue guidance of -.

What price target have analysts set for MTH?

9 analysts have issued 1-year target prices for Meritage Homes' shares. Their forecasts range from $100.00 to $145.00. On average, they anticipate Meritage Homes' share price to reach $119.57 in the next year. This suggests a possible upside of 1.4% 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:
  • Phillippe Lord, President, Chief Executive Officer & Director
  • Clinton Szubinski, Chief Operating Officer & Executive Vice President
  • Hilla Sferruzza, EVP, Chief Financial & Accounting Officer
  • C. Timothy White, Secretary, Executive VP & General Counsel
  • Javier Feliciano, Chief People Officer & Executive VP

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.com (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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.32%), Dimensional Fund Advisors LP (4.73%), Fisher Asset Management LLC (3.17%), Macquarie Group Ltd. (2.52%), Geode Capital Management LLC (2.36%) and Victory Capital Management Inc. (2.29%). 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 institutional investors are selling Meritage Homes stock?

MTH stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Morgan Stanley, Balyasny Asset Management LLC, Balyasny Asset Management LLC, Renaissance Technologies LLC, Deutsche Bank AG, Citigroup Inc., and Cubist Systematic Strategies LLC. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Clinton Szubinski, 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 institutional investors are buying Meritage Homes stock?

MTH stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Victory Capital Management Inc., Fuller & Thaler Asset Management Inc., Brandywine Global Investment Management LLC, Barclays PLC, California Public Employees Retirement System, and Geode Capital Management LLC.
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 $117.94.

How much money does Meritage Homes make?

Meritage Homes has a market capitalization of $4.40 billion and generates $4.50 billion in revenue each year. The construction company earns $423.48 million in net income (profit) each year or $17.02 on an earnings per share basis.

How many employees does Meritage Homes have?

Meritage Homes employs 1,570 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.

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


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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