OTCMKTS:MHGU Meritage Hospitality Group (MHGU) Stock Price, News & Analysis → Altcoin FRENZY Alert… (From Crypto 101 Media) (Ad) Free MHGU Stock Alerts $18.30 0.00 (0.00%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$18.13▼$18.3050-Day Range$18.26▼$19.4552-Week Range$17.00▼$21.30Volume1,500 shsAverage Volume1,676 shsMarket Capitalization$120.41 millionP/E Ratio152.51Dividend 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/Downside31.1% Upside$24.00 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth24.68%From $0.77 to $0.96 Per ShareSee 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.3.89 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.00, Meritage Hospitality Group has a forecasted upside of 31.1% from its current price of $18.30.Amount of Analyst CoverageMeritage Hospitality Group has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of Meritage Hospitality Group have been sold short.Short Interest Ratio / Days to CoverMeritage Hospitality Group has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meritage Hospitality Group has recently decreased by 50.00%, indicating that investor sentiment is improving significantly. 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 3.3 News and Social Media Coverage News SentimentMeritage Hospitality Group has a news sentiment score of 1.00. 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 is a higher news sentiment than the 0.54 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for Meritage Hospitality Group this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Meritage Hospitality Group to their MarketBeat watchlist in the last 30 days. 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Meritage Hospitality Group are expected to grow by 24.68% in the coming year, from $0.77 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Hospitality Group is 152.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 152.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Hospitality Group is 152.51, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.14.Price to Book Value per Share RatioMeritage Hospitality Group has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. 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. 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 HeadlinesMarch 7, 2024 | msn.comNoodles' drop in sales drives company to a lossFebruary 20, 2024 | msn.comMeritage reports 5.3% rise in Q4 prelim salesMarch 19, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.February 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)February 1, 2024 | markets.businessinsider.comMaintaining Hold on Meritage: Balancing Solid Order Growth with Margin Pressures and Market UncertaintiesMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:February 1, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: eBay (EBAY), Meritage (MTH) and Mercadolibre (MELI)January 26, 2024 | finance.yahoo.comWall Street's Insights Into Key Metrics Ahead of Meritage (MTH) Q4 EarningsDecember 13, 2023 | msn.comMeritage Hospitality Group, Inc.B goes ex dividend tomorrowNovember 30, 2023 | msn.comWhy Is Meritage (MTH) Up 15.4% Since Last Earnings Report?November 8, 2023 | msn.comMeritage Hospitality Group declares $0.06 specia; dividendNovember 8, 2023 | finance.yahoo.comMeritage Announces Fourth Quarter Dividend: Margin Improvements Forecasted In 2024October 31, 2023 | msn.comMeritage (MTH) Q3 Earnings: Taking a Look at Key Metrics Versus EstimatesOctober 26, 2023 | msn.comWestern Midstream: Meritage Acquisition Should Drive GrowthOctober 21, 2023 | finanznachrichten.deMeritage Hospitality Group, Inc.: Meritage Reports Third Quarter 2023 Results Operating Margin Improvements AheadOctober 20, 2023 | news.yahoo.comTerrell Suggs to join Ravens Ring of Honor, live reveal of Meritage vaseOctober 20, 2023 | msn.comMeritage Hospitality Group reports Q3 resultsOctober 20, 2023 | finance.yahoo.comMeritage Reports Third Quarter 2023 Results Operating Margin Improvements AheadOctober 17, 2023 | seekingalpha.comBurgerFi strategically acquires two franchise restaurants in South FloridaOctober 16, 2023 | msn.comWestern Midstream completes acquisition of Meritage MidstreamSeptember 7, 2023 | msn.comWestern Midstream (WES) Buys Meritage, Fortifies PortfolioAugust 17, 2023 | finanznachrichten.deMeritage Hospitality Group, Inc.: Meritage Announces Third Quarter Dividend: and 7 Brew Coffee Development OpportunityAugust 16, 2023 | msn.comMeritage Hospitality Group declares $0.09 dividendAugust 16, 2023 | finance.yahoo.comMeritage Announces Third Quarter Dividend: and 7 Brew Coffee Development OpportunitySee 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 Ex-Dividend for 1/1 Dividend12/14/2023Dividend Payable1/01/2024Today3/18/2024Next Earnings (Estimated)4/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorRetail/Wholesale Industry Eating places Sub-IndustryN/A Current SymbolOTCMKTS:MHGU Previous SymbolNASDAQ:MHGU CUSIPN/A CIK808219 Webwww.meritagehospitality.com Phone(616) 776-2600Fax616-776-2776Employees11,000Year 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+31.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio152.51 Forward P/E Ratio23.77 P/E GrowthN/ANet Income$8.48 million Net Margins0.57% Pretax Margin0.49% Return on Equity3.17% Return on Assets0.47% Debt Debt-to-Equity Ratio1.37 Current Ratio0.35 Quick Ratio0.31 Sales & Book Value Annual Sales$626.04 million Price / Sales0.19 Cash Flow$4.08 per share Price / Cash Flow4.48 Book Value$18.02 per share Price / Book1.02Miscellaneous Outstanding Shares6,580,000Free Float2,118,000Market Cap$120.41 million OptionableNot Optionable Beta0.09 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Robert E. Schermer Jr. (Age 65)CEO & Director Comp: $1.8MMr. Gary A. Rose (Age 61)President, COO & Director Comp: $1.76MMs. Tracey A. Smith (Age 49)CFO, VP, Secretary & Treasurer Comp: $809.22kDayna 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 CompetitorsFAT BrandsNASDAQ:FATONE Group HospitalityNASDAQ:STKSRed Robin Gourmet BurgersNASDAQ:RRGBNoodles & CompanyNASDAQ:NDLSTH InternationalNASDAQ:THCHView All Competitors MHGU Stock Analysis - Frequently Asked Questions Should I buy or sell Meritage Hospitality Group stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meritage Hospitality Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MHGU shares. View MHGU analyst ratings or view top-rated stocks. What is Meritage Hospitality Group's stock price target for 2024? 1 brokerages have issued 1-year price targets for Meritage Hospitality Group's shares. Their MHGU share price targets range from $24.00 to $24.00. On average, they expect the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price. View analysts price targets for MHGU or view top-rated stocks among Wall Street analysts. How have MHGU shares performed in 2024? Meritage Hospitality Group's stock was trading at $19.50 at the beginning of 2024. Since then, MHGU shares have decreased by 6.2% and is now trading at $18.30. View the best growth stocks for 2024 here. Are investors shorting Meritage Hospitality Group? Meritage Hospitality Group saw a decrease in short interest during the month of February. As of February 29th, there was short interest totaling 100 shares, a decrease of 50.0% from the February 14th total of 200 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is presently 0.0 days. View Meritage Hospitality Group's Short Interest. When is Meritage Hospitality Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Sunday, April 14th 2024. View our MHGU earnings forecast. How often does Meritage Hospitality Group pay dividends? What is the dividend yield for Meritage Hospitality Group? Meritage Hospitality Group declared a dividend on Tuesday, November 7th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.06 per share on Monday, January 1st. The ex-dividend date is Thursday, December 14th. Read our dividend analysis for MHGU. 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), Wendy's (WEN), Calavo Growers (CVGW), Cavco Industries (CVCO), Century Communities (CCS), BioSpecifics Technologies (BSTC), Boot Barn (BOOT), ASGN (ASGN) and Allied Motion Technologies (AMOT). 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. 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