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

Company Overview

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. It is also involved in franchising activities. 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.

Key Stats

• Today's Range: $11.89 to $11.89
• 50-Day Range: $11.89 to $14.60
• 52-Week Range: $10.91 to $18.00
• Volume: 138 shs
• Average Volume: 1,365 shs
• Market Capitalization: $79.07 million
• P/E Ratio: 49.52
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MHGU Stock Analysis - Frequently Asked Questions

How have MHGU shares performed this year?

Meritage Hospitality Group's stock was trading at $14.00 at the start of the year. Since then, MHGU shares have decreased by 15.1% and is now trading at $11.8850.
View the best growth stocks for 2025 here.

How were Meritage Hospitality Group's earnings last quarter?

Meritage Hospitality Group Inc. (OTCMKTS:MHGU) released its quarterly earnings data on Tuesday, May, 13th. The company reported ($0.73) earnings per share for the quarter, missing analysts' consensus estimates of ($0.51) by $0.22. The firm had revenue of $154.50 million for the quarter, compared to the consensus estimate of $171 million. Meritage Hospitality Group had a trailing twelve-month return on equity of 3.38% and a net margin of 0.62%.

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.

What other stocks do shareholders of Meritage Hospitality Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Hospitality Group investors own include Aruba Networks (ARUN), Boot Barn (BOOT), Adverum Biotechnologies (ADVM), APi Group (APG), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and G1 Therapeutics (GTHX).

Company Calendar

• Last Earnings: 5/13/2025
• Today: 5/18/2025
• Next Earnings (Estimated): 7/10/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: OTCMKTS:MHGU
• Previous Symbol: NASDAQ:MHGU
• CIK: 808219
• Web: www.meritagehospitality.com
• Phone: (616) 776-2600
• Fax: 616-776-2776
• Employees: 12,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.14)
• Trailing P/E Ratio: 49.52
• Forward P/E Ratio: 12.25
• P/E Growth: N/A
• Net Income: $6.14 million
• Net Margins: 0.62%
• Pretax Margin: 0.72%
• Return on Equity: 3.38%
• Return on Assets: 0.52%

Debt

• Debt-to-Equity Ratio: 1.23
• Current Ratio: 0.26
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: $672.49 million
• Price / Sales: 0.12
• Cash Flow: $3.12 per share
• Price / Cash Flow: 3.81
• Book Value: $18.72 per share
• Price / Book: 0.63

Miscellaneous

• Outstanding Shares: 6,653,000
• Free Float: 2,142,000
• Market Cap: $79.07 million
• Optionable: Not Optionable
• Beta: 0.02