NYSE:MTHMeritage Homes Stock Price, Forecast & 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 $32.03 +1.18 (+3.82 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$30.25Now: $32.03▼$32.6350-Day Range$27.29MA: $54.11▼$72.8952-Week Range$25.24Now: $32.03▼$76.83Volume906,391 shsAverage Volume668,350 shsMarket Capitalization$1.20 billionP/E Ratio5.00Dividend YieldN/ABeta1.31 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.2 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $66.83, Meritage Homes has a potential upside of 108.7% from its current price of $32.03.Amount of Analyst CoverageMeritage Homes has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesMeritage Homes has received 375 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMeritage Homes has received 568 “underperform” votes. (Add your “underperform” vote.)Community SentimentMeritage Homes has received 60.23% “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 $5,534,778.00 in company stock.Percentage Held by InsidersOnly 6.10% of the stock of Meritage Homes is held by insiders.Percentage Held by Institutions98.27% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Meritage Homes are expected to grow by 11.44% in the coming year, from $6.82 to $7.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 5.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 5.00, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 12.35.Price to Earnings Growth RatioMeritage Homes has a PEG Ratio of 0.69. 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 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.99 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Operative builders Sub-IndustryHomebuilding SectorConstruction Current SymbolNYSE:MTH Previous Symbol CUSIP59001A10 CIK833079 Webhttp://www.meritagehomes.com/ Phone480-515-8100Debt Debt-to-Equity Ratio0.52 Current Ratio1.13 Quick Ratio1.13Price-To-Earnings Trailing P/E Ratio5.00 Forward P/E Ratio4.70 P/E Growth0.69 Sales & Book Value Annual Sales$3.67 billion Price / Sales0.33 Cash Flow$7.30 per share Price / Cash Flow4.39 Book Value$51.54 per share Price / Book0.62Profitability EPS (Most Recent Fiscal Year)$6.42 Net Income$249.66 million Net Margins6.83% Return on Equity13.52% Return on Assets7.19%Miscellaneous Employees1,510 Outstanding Shares37,597,000Market Cap$1.20 billion Next Earnings Date4/28/2020 (Confirmed) OptionableOptionable 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. MTH Rates by TradingView Meritage Homes (NYSE:MTH) Frequently Asked Questions How has Meritage Homes' stock 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 decreased by 40.7% and is now trading at $32.03. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Meritage Homes? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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, April 28th 2020. 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 Tuesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Meritage Homes' earnings last quarter? Meritage Homes Corp (NYSE:MTH) announced its quarterly earnings data on Wednesday, January, 29th. The construction company reported $2.65 earnings per share for the quarter, topping analysts' consensus estimates of $1.92 by $0.73. The construction company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.04 billion. Meritage Homes had a return on equity of 13.52% and a net margin of 6.83%. The company's revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.91 EPS. View Meritage Homes' earnings history. What price target have analysts set for MTH? 7 analysts have issued 12 month price targets for Meritage Homes' stock. Their forecasts range from $38.00 to $82.00. On average, they anticipate Meritage Homes' share price to reach $66.83 in the next year. This suggests a possible upside of 108.7% from the stock's current price. View analysts' price targets for Meritage Homes. Has Meritage Homes been receiving favorable news coverage? Media headlines about MTH stock have trended very negative on Saturday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meritage Homes earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutMeritage Homes. Are investors shorting Meritage Homes? Meritage Homes saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 2,186,800 shares, a decrease of 21.3% from the February 27th total of 2,780,000 shares. Based on an average daily trading volume, of 566,400 shares, the days-to-cover ratio is currently 3.9 days. Approximately 6.1% of the company's shares are sold short. View Meritage Homes' Current Options Chain. 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), Cavco Industries (CVCO), TRI Pointe Group (TPH), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV). 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 CA (CA), BlackRock (BLK), Energy Transfer LP Unit (ET), Netflix (NFLX), Bank of America (BAC), Endologix (ELGX), Ford Motor (F), Micron Technology (MU), Tesla (TSLA) and Chipotle Mexican Grill (CMG). 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." 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 $32.03. How big of a company is Meritage Homes? Meritage Homes has a market capitalization of $1.20 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. View additional information about Meritage Homes. 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: What are the disadvantages of after-hours trading?
