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S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
As a Black Woman in Business for 2 Decades, Here's How I've Learned to Navigate Microaggressions and Racism in Networking
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
2 Casino Stocks Worth Taking a Look At
This Small-Cap Healthcare Name Is Outperforming Its Index
The NEW US – RUSSIA COLD WAR (Ad)
What Cintas Can Teach Investors About This Bear Market?
Wall Street drops back to lowest since 2020 as fear returns
The $193 Billion US-China War You Don't Know About (Ad)
Are Smucker & Hostess Buys As Consumers Focus On Food Purchases?
NATO believes Baltic Sea gas leaks were sabotage
S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
As a Black Woman in Business for 2 Decades, Here's How I've Learned to Navigate Microaggressions and Racism in Networking
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
2 Casino Stocks Worth Taking a Look At
This Small-Cap Healthcare Name Is Outperforming Its Index
The NEW US – RUSSIA COLD WAR (Ad)
What Cintas Can Teach Investors About This Bear Market?
Wall Street drops back to lowest since 2020 as fear returns
The $193 Billion US-China War You Don't Know About (Ad)
Are Smucker & Hostess Buys As Consumers Focus On Food Purchases?
NATO believes Baltic Sea gas leaks were sabotage
S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
As a Black Woman in Business for 2 Decades, Here's How I've Learned to Navigate Microaggressions and Racism in Networking
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
2 Casino Stocks Worth Taking a Look At
This Small-Cap Healthcare Name Is Outperforming Its Index
The NEW US – RUSSIA COLD WAR (Ad)
What Cintas Can Teach Investors About This Bear Market?
Wall Street drops back to lowest since 2020 as fear returns
The $193 Billion US-China War You Don't Know About (Ad)
Are Smucker & Hostess Buys As Consumers Focus On Food Purchases?
NATO believes Baltic Sea gas leaks were sabotage
NYSE:MTH

Meritage Homes - MTH Stock Forecast, Price & News

$71.43
-3.11 (-4.17%)
(As of 09/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$71.22
$73.02
50-Day Range
$70.81
$89.17
52-Week Range
$62.51
$125.01
Volume
342,384 shs
Average Volume
331,039 shs
Market Capitalization
$2.61 billion
P/E Ratio
2.97
Dividend Yield
N/A
Price Target
$109.14

Meritage Homes MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
52.8% Upside
$109.14 Price Target
Short Interest
Healthy
3.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.70mentions of Meritage Homes in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$87,920 Sold Last Quarter
Proj. Earnings Growth
-23.78%
From $26.37 to $20.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Construction Sector

50th out of 106 stocks

Operative Builders Industry

9th out of 16 stocks

MTH stock logo

About Meritage Homes (NYSE:MTH) Stock

Meritage Homes Corporation, together with its subsidiaries, 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 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.

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MTH Stock News Headlines

Should Value Investors Pick Meritage Homes (MTH) Stock?
Angier accelerates growth with more new homes approved
What 4 Analyst Ratings Have To Say About Meritage Homes
Mortgage Applications Drop as Rates Hit 6%: Housing in Fear?
Meritage Homes Corp MTH Stock Quote
Meritage Homes Is A Buy Despite Slowing Demand
6 Analysts Have This to Say About Meritage Homes
Meritage Homes Corp - Stock News
See More Headlines
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MTH Company Calendar

Last Earnings
7/27/2022
Today
9/30/2022
Next Earnings (Confirmed)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
59001A10
Employees
1,773
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$109.14
High Stock Price Forecast
$157.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+52.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$737.44 million
Pretax Margin
21.74%

Debt

Sales & Book Value

Annual Sales
$5.14 billion
Cash Flow
$19.62 per share
Book Value
$81.60 per share

Miscellaneous

Free Float
35,909,000
Market Cap
$2.61 billion
Optionable
Optionable
Beta
1.63

Key Executives

  • Mr. Steven J. HiltonMr. Steven J. Hilton (Age 61)
    Exec. Chairman
    Comp: $2.03M
  • Mr. Phillippe LordMr. Phillippe Lord (Age 48)
    Exec. VP, CEO & Director
    Comp: $4.96M
  • Ms. Hilla SferruzzaMs. Hilla Sferruzza (Age 46)
    CFO & Exec. VP
    Comp: $2.33M
  • Mr. Clinton SzubinskiMr. Clinton Szubinski (Age 45)
    Exec. VP & COO
    Comp: $3.03M
  • Mr. Javier FelicianoMr. Javier Feliciano (Age 48)
    Chief People Officer & Exec. VP
    Comp: $1.03M
  • Ms. Alison L. SasserMs. Alison L. Sasser (Age 46)
    VP, Corp. Controller & Chief Accounting Officer
  • Emily Tadano
    VP of Investor Relations
  • Ms. Malissia R. Clinton (Age 53)
    Exec. VP, Gen. Counsel & Sec.
  • Mr. Christopher Ryan
    Pres of Florida Division
  • Mr. Richard Harvey
    Pres of Texas Region Operations













MTH Stock - Frequently Asked Questions

Should I buy or sell Meritage Homes stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MTH shares. 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 MTH analyst ratings
or view top-rated stocks.

What is Meritage Homes' stock price forecast for 2022?

9 brokerages have issued 1-year price objectives for Meritage Homes' shares. Their MTH share price forecasts range from $65.00 to $157.00. On average, they anticipate the company's stock price to reach $109.14 in the next twelve months. This suggests a possible upside of 52.8% from the stock's current price.
View analysts price targets for MTH
or view top-rated stocks among Wall Street analysts.

How have MTH shares performed in 2022?

Meritage Homes' stock was trading at $122.06 at the beginning of the year. Since then, MTH stock has decreased by 41.5% and is now trading at $71.43.
View the best growth stocks for 2022 here
.

Are investors shorting Meritage Homes?

Meritage Homes saw a drop in short interest in August. As of August 31st, there was short interest totaling 1,160,000 shares, a drop of 20.5% from the August 15th total of 1,460,000 shares. Based on an average daily volume of 354,200 shares, the days-to-cover ratio is presently 3.3 days. Approximately 3.3% of the company's stock are sold short.
View Meritage Homes' Short Interest
.

When is Meritage Homes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MTH earnings forecast
.

How can I listen to Meritage Homes' earnings call?

Meritage Homes will be holding an earnings conference call on Thursday, October 27th at 11:00 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) announced its earnings results on Wednesday, July, 27th. The construction company reported $6.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.81 by $0.96. The construction company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.38 billion. Meritage Homes had a net margin of 16.53% and a trailing twelve-month return on equity of 29.09%. Meritage Homes's revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the company posted $4.36 EPS.

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 (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."

How do I buy shares of Meritage Homes?

Shares of MTH stock 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 $71.43.

How much money does Meritage Homes make?

Meritage Homes (NYSE:MTH) has a market capitalization of $2.61 billion and generates $5.14 billion in revenue each year. The construction company earns $737.44 million in net income (profit) each year or $24.06 on an earnings per share basis.

How many employees does Meritage Homes have?

The company employs 1,773 workers across the globe.

How can I contact Meritage Homes?

Meritage Homes' mailing address is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. The official website for the company is www.meritagehomes.com. The construction company can be reached via phone at (480) 515-8100, via email at investors@meritagehomes.com, or via fax at 480-998-9162.

This page (NYSE:MTH) was last updated on 9/30/2022 by MarketBeat.com Staff

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