OTCMKTS:MHGU Meritage Hospitality Group (MHGU) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free MHGU Stock Alerts $18.00 0.00 (0.00%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$18.00▼$18.0050-Day Range$17.42▼$18.5752-Week Range$17.01▼$21.30Volume45 shsAverage Volume1,922 shsMarket Capitalization$118.80 millionP/E Ratio150.01Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Meritage Hospitality Group MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside33.3% Upside$24.00 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.63 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.Read more about Meritage Hospitality Group's stock forecast and price target. 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 0.0 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MHGU. Previous Next 2.8 News and Social Media Coverage News SentimentMeritage Hospitality Group has a news sentiment score of 1.00. 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 higher news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.MarketBeat Follows2 people have added Meritage Hospitality Group to their MarketBeat watchlist in the last 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meritage Hospitality Group insiders have not sold or bought any company stock.Read more about Meritage Hospitality Group's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Hospitality Group is 150.01, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 130.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Hospitality Group is 150.01, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.51.Price to Book Value per Share RatioMeritage Hospitality Group has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry 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 HeadlinesApril 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 resultsOctober 20, 2023 | finance.yahoo.comMeritage Reports Third Quarter 2023 Results Operating Margin Improvements AheadOctober 17, 2023 | seekingalpha.comBurgerFi strategically acquires two franchise restaurants in South FloridaSee More Headlines Company Calendar Today5/20/2024Fiscal 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+33.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio150.01 Forward P/E Ratio18.56 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 / Sales0.18 Cash Flow$3.87 per share Price / Cash Flow4.65 Book Value$18.72 per share Price / Book0.96Miscellaneous Outstanding Shares6,600,000Free FloatN/AMarket Cap$118.80 million OptionableNot Optionable Beta0.09 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 CompetitorsRed Robin Gourmet BurgersNASDAQ:RRGBNoodles & CompanyNASDAQ:NDLSFAT BrandsNASDAQ:FATTH InternationalNASDAQ:THCHArk RestaurantsNASDAQ:ARKRView 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 brokers have issued 1-year target prices 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 share price to reach $24.00 in the next twelve months. This suggests a possible upside of 33.3% 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 start of the year. Since then, MHGU shares have decreased by 7.7% and is now trading at $18.00. 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 declared 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 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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