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

$67.67
-0.86 (-1.25 %)
(As of 01/24/2020 04:00 PM ET)
Today's Range
$67.16
Now: $67.67
$68.90
50-Day Range
$61.11
MA: $63.96
$68.53
52-Week Range
$37.83
Now: $67.67
$76.83
Volume291,076 shs
Average Volume461,710 shs
Market Capitalization$2.59 billion
P/E Ratio11.96
Dividend YieldN/A
Beta0.9
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.51 billion
Cash Flow$6.28 per share
Book Value$43.06 per share

Profitability

Net Income$227.33 million

Miscellaneous

Employees1,615
Market Cap$2.59 billion
Next Earnings Date1/29/2020 (Confirmed)
OptionableOptionable

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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 quarterly earnings results on Tuesday, October, 22nd. The construction company reported $1.79 EPS for the quarter, topping the Zacks' consensus estimate of $1.49 by $0.30. The construction company had revenue of $940.90 million for the quarter, compared to analyst estimates of $930.41 million. Meritage Homes had a return on equity of 12.42% and a net margin of 6.29%. Meritage Homes's revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.33 earnings per share. 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 29th 2020. View Earnings Estimates for Meritage Homes.

How can I listen to Meritage Homes' earnings call?

Meritage Homes will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for MTH?

10 brokerages have issued 1-year price objectives for Meritage Homes' stock. Their forecasts range from $39.00 to $82.00. On average, they anticipate Meritage Homes' share price to reach $62.29 in the next year. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for Meritage Homes.

What is the consensus analysts' recommendation for Meritage Homes?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 1 sell rating, 6 hold ratings and 3 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 negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Meritage Homes earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Meritage Homes.

Are investors shorting Meritage Homes?

Meritage Homes saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,860,000 shares, an increase of 33.0% from the December 15th total of 2,150,000 shares. Based on an average trading volume of 516,700 shares, the short-interest ratio is currently 5.5 days. Currently, 7.7% of the shares of the company are sold short. View Meritage Homes' Current Options Chain.

Who are some of Meritage Homes' key competitors?

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), Endologix (ELGX), Ford Motor (F), Netflix (NFLX), Tesla (TSLA), Bank of America (BAC), Chipotle Mexican Grill (CMG) and D. R. Horton (DHI).

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 retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.51%), Hennessy Advisors Inc. (0.41%), Assenagon Asset Management S.A. (0.41%), New York State Teachers Retirement System (0.25%), Campbell & CO Investment Adviser LLC (0.12%) and State of Alaska Department of Revenue (0.07%). 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, 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 Bowling Portfolio Management LLC, Convergence Investment Partners LLC, State of Alaska Department of Revenue, James Investment Research Inc., MorganRosel Wealth Management LLC, Louisiana State Employees Retirement System, Radnor Capital Management LLC and New York State Teachers Retirement System. Company insiders that have sold Meritage Homes company stock in the last year include C Timothy White, Dana Bradford, Gerald W Haddock, Hilla Sferruzza, Phillippe Lord, R Odell Michael, Raymond Oppel and Steven J Hilton. 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 Hennessy Advisors Inc., Assenagon Asset Management S.A., Campbell & CO Investment Adviser LLC, Janney Montgomery Scott LLC, First Hawaiian Bank, Strs Ohio, Sciencast Management LP and Wedge Capital Management L L P NC. 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, Robinhood, Fidelity and Charles Schwab.

What is Meritage Homes' stock price today?

One share of MTH stock can currently be purchased for approximately $67.67.

How big of a company is Meritage Homes?

Meritage Homes has a market capitalization of $2.59 billion and generates $3.51 billion in revenue each year. The construction company earns $227.33 million in net income (profit) each year or $5.58 on an earnings per share basis. Meritage Homes employs 1,615 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]


MarketBeat Community Rating for Meritage Homes (NYSE MTH)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  359 (Vote Outperform)
Underperform Votes:  548 (Vote Underperform)
Total Votes:  907
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 1/25/2020 by MarketBeat.com Staff

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