OTCMKTS:MHGU Meritage Hospitality Group (MHGU) Stock Price, News & Analysis → What is Medicare Supplement Insurance? (From Tranzact) (Ad) Free MHGU Stock Alerts $17.70 0.00 (0.00%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$17.70▼$17.7050-Day Range$17.60▼$18.7052-Week Range$17.00▼$21.30VolumeN/AAverage Volume1,302 shsMarket Capitalization$116.80 millionP/E Ratio147.51Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Meritage Hospitality Group alerts: Email Address Meritage Hospitality Group MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside35.6% Upside$24.00 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.07Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth25.97%From $0.77 to $0.97 Per ShareSee Full Details Hide Full Details 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.3.40 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMeritage Hospitality Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageMeritage Hospitality Group has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of Meritage Hospitality Group have been sold short.Short Interest Ratio / Days to CoverMeritage Hospitality Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 0.8 Dividend Strength Dividend YieldMeritage Hospitality Group does not currently pay a dividend.Dividend GrowthMeritage Hospitality Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Meritage Hospitality Group is 166.67%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Meritage Hospitality Group will have a dividend payout ratio of 20.62% next year. This indicates that Meritage Hospitality Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MHGU. Previous Next 1.1 News and Social Media Coverage News SentimentMeritage Hospitality Group has a news sentiment score of -0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Meritage Hospitality Group this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meritage Hospitality Group insiders have not sold or bought any company stock.Percentage Held by Insiders67.80% of the stock of Meritage Hospitality Group is held by insiders. A high percentage of insider ownership can be a sign of company health. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Meritage Hospitality Group are expected to grow by 25.97% in the coming year, from $0.77 to $0.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Hospitality Group is 147.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 144.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Hospitality Group is 147.51, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.78.Price to Book Value per Share RatioMeritage Hospitality Group has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. 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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.Read More MHGU Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MHGU Stock News HeadlinesApril 24, 2024 | sfgate.comMeritage: Q1 Earnings SnapshotApril 20, 2024 | americanbankingnews.comQ1 2024 Earnings Forecast for Meritage Hospitality Group Inc. Issued By Northland Capmk (OTCMKTS:MHGU)April 26, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 13, 2024 | finanznachrichten.deMeritage Hospitality Group, Inc.: Meritage Reports First Quarter 2024 Results; Strong Earnings GrowthApril 12, 2024 | globenewswire.comMeritage Reports First Quarter 2024 Results; Strong Earnings GrowthApril 2, 2024 | finance.yahoo.comThe Meritage Resort and Spa Unveils $25 Million ReimaginationMarch 30, 2024 | msn.comOutlander Meritage Red Wine From Aldi - A Friendly BlendMarch 7, 2024 | msn.comNoodles' drop in sales drives company to a lossApril 26, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… February 20, 2024 | msn.comMeritage reports 5.3% rise in Q4 prelim salesFebruary 20, 2024 | finance.yahoo.comMeritage Reports 2023 Full-Year Preliminary Results; 2024 Outlook: Accelerated Earnings GrowthFebruary 20, 2024 | globenewswire.comMeritage Reports 2023 Full-Year Preliminary Results; 2024 Outlook: Accelerated Earnings GrowthFebruary 17, 2024 | seekingalpha.comMHGU Meritage Hospitality Group Inc.February 7, 2024 | markets.businessinsider.comKBW Reaffirms Their Hold Rating on Meritage (MTH)February 1, 2024 | markets.businessinsider.comMaintaining Hold on Meritage: Balancing Solid Order Growth with Margin Pressures and Market UncertaintiesFebruary 1, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: eBay (EBAY), Meritage (MTH) and Mercadolibre (MELI)January 26, 2024 | finance.yahoo.comWall Street's Insights Into Key Metrics Ahead of Meritage (MTH) Q4 EarningsDecember 13, 2023 | msn.comMeritage Hospitality Group, Inc.B goes ex dividend tomorrowNovember 30, 2023 | msn.comWhy Is Meritage (MTH) Up 15.4% Since Last Earnings Report?November 8, 2023 | msn.comMeritage Hospitality Group declares $0.06 specia; dividendNovember 8, 2023 | finance.yahoo.comMeritage Announces Fourth Quarter Dividend: Margin Improvements Forecasted In 2024October 31, 2023 | msn.comMeritage (MTH) Q3 Earnings: Taking a Look at Key Metrics Versus EstimatesOctober 26, 2023 | msn.comWestern Midstream: Meritage Acquisition Should Drive GrowthOctober 21, 2023 | finanznachrichten.deMeritage Hospitality Group, Inc.: Meritage Reports Third Quarter 2023 Results Operating Margin Improvements AheadOctober 20, 2023 | news.yahoo.comTerrell Suggs to join Ravens Ring of Honor, live reveal of Meritage vaseOctober 20, 2023 | msn.comMeritage Hospitality Group reports Q3 resultsOctober 20, 2023 | finance.yahoo.comMeritage Reports Third Quarter 2023 Results Operating Margin Improvements AheadSee 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. Email Address Company Calendar Today4/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorRetail/Wholesale Industry Eating places Sub-IndustryN/A Current SymbolOTCMKTS:MHGU Previous SymbolNASDAQ:MHGU CUSIPN/A CIK808219 Webwww.meritagehospitality.com Phone(616) 776-2600Fax616-776-2776Employees12,000Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$24.00 Low Stock Price Target$24.00 Potential Upside/Downside+35.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio147.51 Forward P/E Ratio22.99 P/E GrowthN/ANet Income$6.14 million Net Margins0.91% Pretax Margin1.03% Return on Equity5.16% Return on Assets0.76% Debt Debt-to-Equity Ratio1.35 Current Ratio0.29 Quick Ratio0.24 Sales & Book Value Annual Sales$672.49 million Price / Sales0.17 Cash Flow$3.86 per share Price / Cash Flow4.58 Book Value$18.72 per share Price / Book0.95Miscellaneous Outstanding Shares6,599,000Free Float2,125,000Market Cap$116.80 million OptionableNot Optionable Beta0.08 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Robert E. Schermer Jr. (Age 65)CEO & Director Comp: $1.8MMr. Gary A. Rose (Age 61)President, COO & Director Comp: $1.76MMs. Tracey A. Smith (Age 49)CFO, VP, Secretary & Treasurer Comp: $809.22kDayna KrugDirector of AccountingMr. Robert H. Potts (Age 70)General Counsel Susie SchulzDirector of Operations Support & MarketingMr. Jeff VanHaitsmaVice President of Human ResourcesMr. Greg CorrExecutive Vice President of Wendy's OperationsMore ExecutivesKey CompetitorsFAT BrandsNASDAQ:FATRed Robin Gourmet BurgersNASDAQ:RRGBFAT BrandsNASDAQ:FATBBNoodles & CompanyNASDAQ:NDLSONE Group HospitalityNASDAQ:STKSView All Competitors MHGU Stock Analysis - Frequently Asked Questions Should I buy or sell Meritage Hospitality Group stock right now? 1 Wall Street research 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 research 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 1-year price targets for Meritage Hospitality Group's shares. 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 35.6% 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 on January 1st, 2024. Since then, MHGU shares have decreased by 9.2% and is now trading at $17.70. View the best growth stocks for 2024 here. Are investors shorting Meritage Hospitality Group? Meritage Hospitality Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 300 shares, an increase of 200.0% from the March 15th total of 100 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 0.1 days. View Meritage Hospitality Group's Short Interest. How often does Meritage Hospitality Group pay dividends? What is the dividend yield for Meritage Hospitality Group? Meritage Hospitality Group announced a dividend on Tuesday, November 7th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.06 per share on Monday, January 1st. The ex-dividend date of this dividend 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 20.62% 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. 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