OTCMKTS:MHGU Meritage Hospitality Group (MHGU) Stock Price, News & Analysis → What is Nvidia doing on June 10? June 10th is pivotal for Nvidia’s “Silent Partners” (From Weiss Ratings) (Ad) Free MHGU Stock Alerts $17.97 0.00 (0.00%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$17.97▼$17.9750-Day Range$17.42▼$18.5752-Week Range$17.01▼$21.30Volume30 shsAverage Volume887 shsMarket Capitalization$118.60 millionP/E Ratio149.76Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Meritage Hospitality Group alerts: Email Address Ad Wealthpin ProThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.Click here to get all the information about it. About Meritage Hospitality Group Stock (OTCMKTS:MHGU)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.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 HeadlinesMay 24, 2024 | globenewswire.comUPDATE – Meritage Announces Annual Meeting Results And Second Quarter DividendMay 21, 2024 | globenewswire.comMeritage Announces Annual Meeting Results And Second Quarter DividendApril 24, 2024 | sfgate.comMeritage: Q1 Earnings SnapshotApril 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 lossFebruary 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 resultsSee 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 Today6/02/2024Fiscal 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+33.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio149.76 Forward P/E Ratio18.53 P/E GrowthN/ANet Income$6.14 million Net Margins1.31% Pretax Margin1.54% Return on Equity7.50% Return on Assets1.12% Debt Debt-to-Equity Ratio1.28 Current Ratio0.33 Quick Ratio0.29 Sales & Book Value Annual Sales$672.49 million Price / Sales0.18 Cash Flow$3.86 per share Price / Cash Flow4.65 Book Value$18.70 per share Price / Book0.96Miscellaneous Outstanding Shares6,600,000Free Float2,125,000Market Cap$118.60 million OptionableNot Optionable Beta0.09 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Robert E. Schermer Jr. (Age 65)CEO & Director Comp: $849.2kMr. Gary A. Rose (Age 61)President, COO & Director Comp: $806.1kMs. Tracey A. Smith (Age 49)CFO, VP, Secretary & Treasurer Comp: $441.1kDayna 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 CompetitorsChuy'sNASDAQ:CHUYRCI HospitalityNASDAQ:RICKBiglariNYSE:BHGEN Restaurant GroupNASDAQ:GENKDenny'sNASDAQ:DENNView All Competitors MHGU Stock Analysis - Frequently Asked Questions Should I buy or sell Meritage Hospitality Group stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritage Hospitality Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 twelve-month price objectives 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 twelve months. This suggests a possible upside of 33.6% 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 at the beginning of 2024. Since then, MHGU stock has decreased by 7.8% and is now trading at $17.97. View the best growth stocks for 2024 here. 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. Stockholders of record on Friday, December 15th will be paid a dividend of $0.06 per share on Monday, January 1st. The ex-dividend date is Thursday, December 14th. 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. Compare Top Brokerages Here. 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