OTCMKTS:MHGU - Meritage Hospitality Group Stock Price, News & Analysis

-0.20 (-1.18 %)
(As of 08/20/2019 08:20 AM ET)
Today's Range
Now: $16.80
50-Day Range
MA: $17.40
52-Week Range
Now: $16.80
Volume1,700 shs
Average Volume1,097 shs
Market Capitalization$106.34 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.

Industry, Sector and Symbol

Industry Eating places
Current SymbolOTCMKTS:MHGU
Previous SymbolNASDAQ:MHGU



Sales & Book Value

Annual Sales$435.30 million
Cash Flow$3.9252 per share
Book Value$9.17 per share


Net Income$13.01 million


Market Cap$106.34 million
Next Earnings DateN/A
OptionableNot Optionable

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Meritage Hospitality Group (OTCMKTS:MHGU) Frequently Asked Questions

What is Meritage Hospitality Group's stock symbol?

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

Has Meritage Hospitality Group been receiving favorable news coverage?

Media headlines about MHGU stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Meritage Hospitality Group earned a news impact score of 0.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories 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) and MOWI ASA/ADR (MHGVY).

Who are Meritage Hospitality Group's key executives?

Meritage Hospitality Group's management team includes the folowing 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

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, Scottrade, Fidelity and Charles Schwab.

What is Meritage Hospitality Group's stock price today?

One share of MHGU stock can currently be purchased for approximately $16.80.

How big of a company is Meritage Hospitality Group?

Meritage Hospitality Group has a market capitalization of $106.34 million and generates $435.30 million in revenue each year. Meritage Hospitality Group employs 10,000 workers across the globe.View Additional Information About Meritage Hospitality Group.

What is Meritage Hospitality Group's official website?

The official website for Meritage Hospitality Group is http://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.

MarketBeat Community Rating for Meritage Hospitality Group (OTCMKTS MHGU)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  52 (Vote Outperform)
Underperform Votes:  59 (Vote Underperform)
Total Votes:  111
MarketBeat's community ratings are surveys of what our community members think about Meritage Hospitality Group and other stocks. Vote "Outperform" if you believe MHGU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MHGU will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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