QQQ   436.55 (-0.05%)
AAPL   181.16 (-0.75%)
MSFT   407.54 (-0.68%)
META   481.74 (-0.47%)
GOOGL   137.57 (-4.44%)
AMZN   174.73 (-0.15%)
TSLA   199.40 (+3.87%)
NVDA   790.92 (+0.35%)
NIO   5.65 (+4.63%)
AMD   176.01 (-0.29%)
BABA   76.51 (+0.72%)
T   16.59 (-1.25%)
F   11.95 (-1.57%)
MU   89.46 (+4.02%)
CGC   3.47 (+3.27%)
GE   154.77 (+0.94%)
DIS   107.69 (-0.05%)
AMC   4.45 (+0.23%)
PFE   27.18 (-2.09%)
PYPL   59.33 (+0.29%)
XOM   104.25 (+0.39%)
QQQ   436.55 (-0.05%)
AAPL   181.16 (-0.75%)
MSFT   407.54 (-0.68%)
META   481.74 (-0.47%)
GOOGL   137.57 (-4.44%)
AMZN   174.73 (-0.15%)
TSLA   199.40 (+3.87%)
NVDA   790.92 (+0.35%)
NIO   5.65 (+4.63%)
AMD   176.01 (-0.29%)
BABA   76.51 (+0.72%)
T   16.59 (-1.25%)
F   11.95 (-1.57%)
MU   89.46 (+4.02%)
CGC   3.47 (+3.27%)
GE   154.77 (+0.94%)
DIS   107.69 (-0.05%)
AMC   4.45 (+0.23%)
PFE   27.18 (-2.09%)
PYPL   59.33 (+0.29%)
XOM   104.25 (+0.39%)
QQQ   436.55 (-0.05%)
AAPL   181.16 (-0.75%)
MSFT   407.54 (-0.68%)
META   481.74 (-0.47%)
GOOGL   137.57 (-4.44%)
AMZN   174.73 (-0.15%)
TSLA   199.40 (+3.87%)
NVDA   790.92 (+0.35%)
NIO   5.65 (+4.63%)
AMD   176.01 (-0.29%)
BABA   76.51 (+0.72%)
T   16.59 (-1.25%)
F   11.95 (-1.57%)
MU   89.46 (+4.02%)
CGC   3.47 (+3.27%)
GE   154.77 (+0.94%)
DIS   107.69 (-0.05%)
AMC   4.45 (+0.23%)
PFE   27.18 (-2.09%)
PYPL   59.33 (+0.29%)
XOM   104.25 (+0.39%)
QQQ   436.55 (-0.05%)
AAPL   181.16 (-0.75%)
MSFT   407.54 (-0.68%)
META   481.74 (-0.47%)
GOOGL   137.57 (-4.44%)
AMZN   174.73 (-0.15%)
TSLA   199.40 (+3.87%)
NVDA   790.92 (+0.35%)
NIO   5.65 (+4.63%)
AMD   176.01 (-0.29%)
BABA   76.51 (+0.72%)
T   16.59 (-1.25%)
F   11.95 (-1.57%)
MU   89.46 (+4.02%)
CGC   3.47 (+3.27%)
GE   154.77 (+0.94%)
DIS   107.69 (-0.05%)
AMC   4.45 (+0.23%)
PFE   27.18 (-2.09%)
PYPL   59.33 (+0.29%)
XOM   104.25 (+0.39%)
OTCMKTS:MHGU

Meritage Hospitality Group (MHGU) Stock Price, News & Analysis

$18.50
-0.20 (-1.07%)
(As of 02/26/2024 ET)
Today's Range
$18.50
$18.70
50-Day Range
$18.50
$19.50
52-Week Range
$17.00
$21.30
Volume
900 shs
Average Volume
1,478 shs
Market Capitalization
$120.71 million
P/E Ratio
154.18
Dividend Yield
N/A
Price Target
$24.00

Meritage Hospitality Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.7% Upside
$24.00 Price Target
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Meritage Hospitality Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.68%
From $0.77 to $0.96 Per Share

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.

3.58 out of 5 stars


MHGU stock logo

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.

MHGU Stock Price History

MHGU Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
MHGU Meritage Hospitality Group Inc.
KBW Reaffirms Their Hold Rating on Meritage (MTH)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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.

Company Calendar

Ex-Dividend for 1/1 Dividend
12/14/2023
Dividend Payable
1/01/2024
Today
2/26/2024
Next Earnings (Estimated)
4/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
N/A
Current Symbol
OTCMKTS:MHGU
Previous Symbol
NASDAQ:MHGU
Employees
11,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$24.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+28.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$8.48 million
Pretax Margin
0.49%

Debt

Sales & Book Value

Annual Sales
$626.04 million
Cash Flow
$4.07 per share
Book Value
$18.02 per share

Miscellaneous

Free Float
N/A
Market Cap
$122.11 million
Optionable
Not Optionable
Beta
0.09
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Mr. Robert E. Schermer Jr. (Age 65)
    CEO & Director
    Comp: $1.8M
  • Mr. Gary A. Rose (Age 61)
    President, COO & Director
    Comp: $1.76M
  • Ms. Tracey A. Smith (Age 49)
    CFO, VP, Secretary & Treasurer
    Comp: $809.22k
  • Dayna Krug
    Director of Accounting
  • Mr. Robert H. Potts (Age 70)
    General Counsel
  • Susie Schulz
    Director of Operations Support & Marketing
  • Mr. Jeff VanHaitsma
    Vice President of Human Resources
  • Mr. Greg Corr
    Executive Vice President of Wendy's Operations














MHGU Stock Analysis - Frequently Asked Questions

Should I buy or sell Meritage Hospitality Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Hospitality Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 12 month target prices for Meritage Hospitality Group's stock. Their MHGU share price targets range from $24.00 to $24.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 29.7% 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 start of the year. Since then, MHGU shares have decreased by 5.1% and is now trading at $18.50.
View the best growth stocks for 2024 here
.

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. Investors of record on Friday, December 15th will be given 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
.

Is Meritage Hospitality Group a good dividend stock?

Meritage Hospitality Group (OTCMKTS:MHGU) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 166.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MHGU will have a dividend payout ratio of 20.83% next year. This indicates that the company will be able to sustain or increase its dividend.
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.

This page (OTCMKTS:MHGU) was last updated on 2/26/2024 by MarketBeat.com Staff