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OTCMKTS:MHGU

Meritage Hospitality Group Stock Forecast, Price & News

$18.00
+0.16 (+0.90 %)
(As of 10/21/2020 03:57 PM ET)
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Today's Range
$17.60
Now: $18.00▼
$18.00
50-Day Range
$13.80
MA: $15.16▼
$18.10
52-Week Range
$9.00
Now: $18.00▼
$20.49
Volume255 shs
Average Volume3,146 shs
Market Capitalization$116.15 million
P/E RatioN/A
Dividend YieldN/A
Beta0.38
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

Stock Exchange OTCMKTS
Industry Eating places
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolOTCMKTS:MHGU
Previous SymbolNASDAQ:MHGU
CUSIPN/A
CIK808219
Webwww.meritagehospitality.com
Phone616-776-2600
Employees11,000

Debt

Debt-to-Equity Ratio1.71
Current Ratio0.29
Quick Ratio0.26

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$467.55 million
Price / Sales0.25
Cash Flow$4.36 per share
Price / Cash Flow4.13
Book Value$13.06 per share
Price / Book1.38

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$12.06 million
Net Margins1.53%
Return on Equity8.93%
Return on Assets1.10%

Miscellaneous

Outstanding Shares6,453,000
Market Cap$116.15 million
Next Earnings Date11/20/2020 (Estimated)
OptionableNot Optionable
$18.00
+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?

Some companies that are related to Meritage Hospitality Group include Chuy's (CHUY), Ruth's Hospitality Group (RUTH), Noodles & Co (NDLS), Carrols Restaurant Group (TAST), Del Taco Restaurants (TACO), Fiesta Restaurant Group (FRGI), RCI Hospitality (RICK), Nathan's Famous (NATH), Biglari (BH), Red Robin Gourmet Burgers (RRGB), LiveXLive Media (LIVX), Kura Sushi USA (KRUS), Potbelly (PBPB), Luby's (LUB) and J. Alexander's (JAX).
View all 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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