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OTCMKTS:MHGU

Meritage Hospitality Group Stock Forecast, Price & News

$17.83
-0.07 (-0.36 %)
(As of 11/25/2020)
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Today's Range
$17.83
Now: $17.83
$17.83
50-Day Range
$15.90
MA: $17.84
$18.40
52-Week Range
$9.00
Now: $17.83
$20.49
Volume1,000 shs
Average Volume2,984 shs
Market Capitalization$115.47 million
P/E RatioN/A
Dividend YieldN/A
Beta0.23
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Twisted Rooster, Stan Diego Baja Taco Kitchen, Freighters Eatery & Taproom, and Wheelhouse Kitchen & Cocktails brand names. As of November 12, 2019, it operated 333 restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. 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 headquartered in Grand Rapids, Michigan.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.46 out of 5 stars


Industry, Sector and Symbol

Industry Eating places
Sub-IndustryN/A
Current SymbolOTCMKTS:MHGU
Previous SymbolNASDAQ:MHGU
CUSIPN/A
Phone616-776-2600
Employees330

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$467.55 million
Cash Flow$4.37 per share
Book Value$13.06 per share

Profitability

Net Income$12.06 million

Miscellaneous

Market Cap$115.47 million
Next Earnings Date12/4/2020 (Estimated)
OptionableNot Optionable
$17.83
-0.07 (-0.36 %)
(As of 11/25/2020)
30 days | 90 days | 365 days | Advanced Chart

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Meritage Hospitality Group (OTCMKTS:MHGU) Frequently Asked Questions

How has Meritage Hospitality Group's stock been impacted by Coronavirus (COVID-19)?

Meritage Hospitality Group's stock was trading at $17.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MHGU stock has increased by 1.9% and is now trading at $17.83.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than Meritage Hospitality Group?

Wall Street analysts have given Meritage Hospitality Group a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Meritage Hospitality Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Meritage Hospitality Group's next earnings date?

Meritage Hospitality Group is scheduled to release its next quarterly earnings announcement on Friday, December 4th 2020.
View our earnings forecast for Meritage Hospitality Group
.

Who are some of Meritage Hospitality Group's key competitors?

What other stocks do shareholders of Meritage Hospitality Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meritage Hospitality Group investors own include Aruba Networks (ARUN), The Wendy's (WEN), Calavo Growers (CVGW), Cavco Industries (CVCO), CTO Realty Growth (CTO), Century Communities (CCS), BioSpecifics Technologies (BSTC), Boot Barn (BOOT), ASGN (ASGN) and Allied Motion Technologies (AMOT).

Who are Meritage Hospitality Group's key executives?

Meritage Hospitality Group's management team includes the following people:
  • Mr. Robert E. Schermer Jr., CEO & Director (Age 61, Pay $231.5k)
  • Mr. Gary A. Rose, Pres, COO & Director (Age 57, Pay $204.4k)
  • Ms. Tracey A. Smith, CFO, VP, Sec. & Treasurer (Age 45, Pay $154k)
  • Mr. Robert H. Potts, Gen. Counsel (Age 66)
  • Mr. Jeff VanHaitsma, VP of HR
  • Mr. Greg Corr, Exec. VP of Wendy's Operations

What is Meritage Hospitality Group's stock symbol?

Meritage Hospitality Group trades on the OTCMKTS under the ticker symbol "MHGU."

How do I buy shares of Meritage Hospitality Group?

Shares of MHGU 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 Hospitality Group's stock price today?

One share of MHGU stock can currently be purchased for approximately $17.83.

How big of a company is Meritage Hospitality Group?

Meritage Hospitality Group has a market capitalization of $115.47 million and generates $467.55 million in revenue each year. Meritage Hospitality Group employs 330 workers across the globe.

What is Meritage Hospitality Group's official website?

The official website for Meritage Hospitality Group is www.meritagehospitality.com.

How can I contact Meritage Hospitality Group?

Meritage Hospitality Group's mailing address is 45 Ottawa Ave SW Suite 600, Grand Rapids MI, 49503. The company can be reached via phone at 616-776-2600.

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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