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Meritage Hospitality Group Stock Forecast, Price & News

+0.16 (+0.90 %)
(As of 10/21/2020 03:57 PM ET)
Today's Range
Now: $18.00
50-Day Range
MA: $15.16
52-Week Range
Now: $18.00
Volume255 shs
Average Volume3,146 shs
Market Capitalization$116.15 million
P/E RatioN/A
Dividend YieldN/A
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Twisted Rooster, Crooked Goose, Freighters Eatery & Taproom, and Wheelhouse Kitchen & Cocktails brand names. As of November 13, 2018, it operated 314 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
Current SymbolOTCMKTS:MHGU
Previous SymbolNASDAQ:MHGU



Sales & Book Value

Annual Sales$467.55 million
Cash Flow$4.36 per share
Book Value$13.06 per share


Net Income$12.06 million


Market Cap$116.15 million
Next Earnings Date11/20/2020 (Estimated)
OptionableNot Optionable
+0.16 (+0.90 %)
(As of 10/21/2020 03:57 PM ET)
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 price been impacted by COVID-19 (Coronavirus)?

Meritage Hospitality Group's stock was trading at $17.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MHGU shares have increased by 2.9% and is now trading at $18.00.
View which stocks have been most impacted by COVID-19

When is Meritage Hospitality Group's next earnings date?

Meritage Hospitality Group is scheduled to release its next quarterly earnings announcement on Friday, November 20th 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), Wendys (WEN), Calavo Growers (CVGW), Cavco Industries (CVCO), Consolidated-Tomoka Land (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 60)
  • Mr. Gary A. Rose, Pres, COO, Corp. Sec. & Director (Age 56)
  • Ms. Tracey A. Smith, CFO, VP & Treasurer (Age 44)
  • Mr. Robert H. Potts, Gen. Counsel (Age 65)
  • Mr. Jeff VanHaitsma, VP of HR

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 $18.00.

How big of a company is Meritage Hospitality Group?

Meritage Hospitality Group has a market capitalization of $116.15 million and generates $467.55 million in revenue each year. Meritage Hospitality Group employs 11,000 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 10/22/2020 by MarketBeat.com Staff

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