OTCMKTS:MHGU Meritage Hospitality Group (MHGU) Stock Price, News & Analysis $17.46 0.00 (0.00%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.01▼$17.7550-Day Range$16.55▼$18.0052-Week Range$14.46▼$21.30Volume760 shsAverage Volume1,077 shsMarket Capitalization$115.55 millionP/E Ratio21.55Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Meritage Hospitality Group alerts: Email Address Meritage Hospitality Group MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside37.5% Upside$24.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.50Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.31 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMeritage Hospitality Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageMeritage Hospitality Group has received no research coverage in the past 90 days.Read more about Meritage Hospitality Group's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MHGU. Previous Next 0.0 Dividend Strength Dividend YieldMeritage Hospitality Group does not currently pay a dividend.Dividend GrowthMeritage Hospitality Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MHGU. Previous Next 1.9 News and Social Media Coverage News SentimentMeritage Hospitality Group has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Meritage Hospitality Group this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meritage Hospitality Group insiders have not sold or bought any company stock.Percentage Held by Insiders67.80% of the stock of Meritage Hospitality Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Read more about Meritage Hospitality Group's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Hospitality Group is 21.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Hospitality Group is 21.55, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 19.42.Price to Book Value per Share RatioMeritage Hospitality Group has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. About Meritage Hospitality Group Stock (OTCMKTS:MHGU)Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Stan's Tacos, as well as Taco John's brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. It is also involved in franchising activities. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is based in Grand Rapids, Michigan.Read More MHGU Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MHGU Stock News HeadlinesJuly 26 at 9:39 PM | finance.yahoo.comS&P GSCI Grains Select ER (^SPGSGSLP)July 24 at 2:00 AM | americanbankingnews.comGEN Restaurant Group (NASDAQ:GENK) & Meritage Hospitality Group (OTCMKTS:MHGU) Head-To-Head AnalysisJuly 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…July 12, 2024 | globenewswire.comMeritage Reports Second Quarter 2024 Results; Continued Earnings Growth AheadMay 24, 2024 | globenewswire.comUPDATE – Meritage Announces Annual Meeting Results And Second Quarter DividendMay 21, 2024 | globenewswire.comMeritage Announces Annual Meeting Results And Second Quarter DividendApril 24, 2024 | sfgate.comMeritage: Q1 Earnings SnapshotApril 13, 2024 | finanznachrichten.deMeritage Hospitality Group, Inc.: Meritage Reports First Quarter 2024 Results; Strong Earnings GrowthJuly 27, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.April 12, 2024 | globenewswire.comMeritage Reports First Quarter 2024 Results; Strong Earnings GrowthApril 2, 2024 | finance.yahoo.comThe Meritage Resort and Spa Unveils $25 Million ReimaginationMarch 30, 2024 | msn.comOutlander Meritage Red Wine From Aldi - A Friendly BlendMarch 7, 2024 | msn.comNoodles' drop in sales drives company to a lossFebruary 20, 2024 | msn.comMeritage reports 5.3% rise in Q4 prelim salesFebruary 20, 2024 | finance.yahoo.comMeritage Reports 2023 Full-Year Preliminary Results; 2024 Outlook: Accelerated Earnings GrowthFebruary 20, 2024 | globenewswire.comMeritage Reports 2023 Full-Year Preliminary Results; 2024 Outlook: Accelerated Earnings GrowthFebruary 17, 2024 | seekingalpha.comMHGU Meritage Hospitality Group Inc.February 7, 2024 | markets.businessinsider.comKBW Reaffirms Their Hold Rating on Meritage (MTH)See More Headlines Receive MHGU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Meritage Hospitality Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Today7/27/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorRetail/Wholesale Industry Eating places Sub-IndustryRestaurants, Hotels, Motels Current SymbolOTCMKTS:MHGU Previous SymbolNASDAQ:MHGU CUSIPN/A CIK808219 Webwww.meritagehospitality.com Phone(616) 776-2600Fax616-776-2776Employees12,000Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$24.00 Low Stock Price Target$24.00 Potential Upside/Downside+37.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.81 Trailing P/E Ratio21.55 Forward P/E Ratio12.47 P/E GrowthN/ANet Income$6.14 million Net Margins1.31% Pretax Margin1.54% Return on Equity7.22% Return on Assets1.08% Debt Debt-to-Equity Ratio1.28 Current Ratio0.33 Quick Ratio0.29 Sales & Book Value Annual Sales$672.49 million Price / Sales0.17 Cash Flow$3.89 per share Price / Cash Flow4.49 Book Value$18.72 per share Price / Book0.93Miscellaneous Outstanding Shares6,620,000Free Float2,132,000Market Cap$115.55 million OptionableNot Optionable Beta0.07 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Robert E. Schermer Jr. (Age 65)CEO & Director Comp: $849.2kMr. Gary A. Rose (Age 61)President, COO & Director Comp: $806.1kMs. Tracey A. Smith (Age 49)CFO, VP, Secretary & Treasurer Comp: $441.1kDayna KrugDirector of AccountingMr. Robert H. Potts (Age 70)General Counsel Susie SchulzDirector of Operations Support & MarketingMr. Jeff VanHaitsmaVice President of Human ResourcesMr. Greg CorrExecutive Vice President of Wendy's OperationsMore ExecutivesKey CompetitorsCiveoNYSE:CVEOEl Pollo LocoNASDAQ:LOCOGEN Restaurant GroupNASDAQ:GENKGreenTree Hospitality GroupNYSE:GHGPotbellyNASDAQ:PBPBView All Competitors MHGU Stock Analysis - Frequently Asked Questions How have MHGU shares performed this year? Meritage Hospitality Group's stock was trading at $19.50 on January 1st, 2024. Since then, MHGU shares have decreased by 10.5% and is now trading at $17.4550. View the best growth stocks for 2024 here. How were Meritage Hospitality Group's earnings last quarter? Meritage Hospitality Group Inc. (OTCMKTS:MHGU) released its quarterly earnings data on Thursday, May, 9th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.06. The firm earned $162.85 million during the quarter, compared to the consensus estimate of $162.80 million. Meritage Hospitality Group had a net margin of 1.31% and a trailing twelve-month return on equity of 7.22%. How do I buy shares of Meritage Hospitality Group? Shares of MHGU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Meritage Hospitality Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Hospitality Group investors own include Aruba Networks (ARUN), Wendy's (WEN), Calavo Growers (CVGW), Cavco Industries (CVCO), Century Communities (CCS) and BioSpecifics Technologies (BSTC). This page (OTCMKTS:MHGU) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". 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