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

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$38.97 -1.27 (-3.16 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$40.24
Today's Range$38.70 - $40.32
52-Week Range$32.02 - $52.90
Volume349,800 shs
Average Volume479,786 shs
Market Capitalization$1.56 billion
P/E Ratio10.04
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.23 billion
Cash Flow$4.3156 per share
Book Value$39.10 per share

Profitability

Net Income$143.25 million

Miscellaneous

Employees1,605
Market Cap$1.56 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) released its earnings results on Wednesday, October, 24th. The construction company reported $1.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.36 by $0.03. The construction company earned $884.58 million during the quarter, compared to analysts' expectations of $899.55 million. Meritage Homes had a return on equity of 12.56% and a net margin of 5.43%. 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?

12 Wall Street analysts have issued 1-year price objectives for Meritage Homes' shares. Their predictions range from $36.00 to $51.00. On average, they expect Meritage Homes' share price to reach $45.3333 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for Meritage Homes.

What is the consensus analysts' recommendation for Meritage Homes?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 7 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?

News articles about MTH stock have been trending very positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Meritage Homes earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 investors include Greenhaven Associates Inc. (0.18%), James Investment Research Inc. (0.08%), Louisiana State Employees Retirement System (0.04%), Radnor Capital Management LLC (0.03%), Rocky Mountain Advisers LLC (0.01%) and Meeder Asset Management Inc. (0.00%). 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 institutional investors are selling Meritage Homes stock?

MTH stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., 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.

Which institutional investors are buying Meritage Homes stock?

MTH stock was acquired by a variety of institutional investors in the last quarter, including Rocky Mountain Advisers LLC, Radnor Capital Management LLC and Meeder Asset Management Inc.. 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 $38.97.

How big of a company is Meritage Homes?

Meritage Homes has a market capitalization of $1.56 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:  306 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  786
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 1/22/2019 by MarketBeat.com Staff

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