S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
NYSE:MTH

Meritage Homes Stock Forecast, Price & News

$108.53
-6.76 (-5.86%)
(As of 01/18/2022 04:00 PM ET)
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Today's Range
$107.90
$114.50
50-Day Range
$106.46
$122.06
52-Week Range
$79.00
$125.01
Volume
446,212 shs
Average Volume
381,456 shs
Market Capitalization
$4.05 billion
P/E Ratio
6.38
Dividend Yield
N/A
Beta
1.69
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
$11.38 per share
Book Value
$62.42 per share

Profitability

Net Income
$423.48 million
Pretax Margin
16.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,639,000
Market Cap
$4.05 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Today
1/19/2022
Next Earnings (Confirmed)
1/26/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.35 out of 5 stars

Construction Sector

52nd out of 138 stocks

Operative Builders Industry

9th out of 20 stocks

Analyst Opinion: 2.3Community 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?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Meritage Homes stock.
View analyst ratings for Meritage Homes
or view top-rated stocks.

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

Meritage Homes' stock was trading at $54.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTH shares have increased by 100.9% and is now trading at $108.53.
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 can I listen to Meritage Homes' earnings call?

Meritage Homes will be holding an earnings conference call on Thursday, January 27th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Meritage Homes' earnings last quarter?

Meritage Homes Co. (NYSE:MTH) released its quarterly earnings results on Wednesday, October, 27th. The construction company reported $5.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.45 by $0.80. The construction company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.19 billion. Meritage Homes had a trailing twelve-month return on equity of 25.40% and a net margin of 12.91%. The business's revenue for the quarter was up 10.7% on a year-over-year basis. During the same period last year, the company earned $2.84 EPS.
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 earnings per share guidance of $18.750-$19.400 for the period, compared to the Thomson Reuters consensus EPS estimate of $18.360. The company issued revenue guidance of -.

What price target have analysts set for MTH?

11 brokers have issued 12 month price targets for Meritage Homes' stock. Their forecasts range from $100.00 to $157.00. On average, they anticipate Meritage Homes' stock price to reach $124.25 in the next year. This suggests a possible upside of 14.5% 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 (LinkedIn Profile)
  • Hilla Sferruzza, Executive VP, Chief Financial & Accounting Officer
  • Javier Feliciano, Chief People Officer & Executive VP
  • Alison L. Sasser, Vice President & Controller

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 variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%), Richard P Slaughter Associates Inc (0.05%), InTrack Investment Management Inc (0.04%), Wiley BROS. Aintree Capital LLC (0.02%), Diversified Trust Co (0.02%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Meritage Homes stock include C Timothy White, Clinton Szubinski, Dana Bradford, Gerald W Haddock, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Peter L Ax, Phillippe Lord, R Odell Michael, Raymond Oppel, Steven J Hilton 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 Crossmark Global Holdings Inc., InTrack Investment Management Inc, State of Alaska Department of Revenue, Wiley BROS. Aintree Capital LLC, and Richard P Slaughter Associates Inc. 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 bought by a variety of institutional investors in the last quarter, including Diversified Trust Co.
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 $108.53.

How much money does Meritage Homes make?

Meritage Homes has a market capitalization of $4.05 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 1/19/2022 by MarketBeat.com Staff

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