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    mth-img

    Meritage Corporation, Common Stock

    MTH

    NYQ

    $177.04

    +$3.92

    (2.26%)

    1D
    Industry: Household Durables Sector: Consumer Discretionary

    Analyst Forecast

    Overview Returns Financials Ratios News FAQs

    Price Chart

    Key Metrics

    Market Cap info-icon
    This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
     $6.42B
    P/E Ratio info-icon
    This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
     8.24
    Volume info-icon
    This is the total number of shares traded during the most recent trading day.
     312.15K
    Avg Volume info-icon
    This is the average number of shares traded during the most recent 30 days.
     370.36K
    Dividend Yield info-icon
    This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
     1.73%
    Beta info-icon
    This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
     1.76
    52-week Range info-icon
    This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
    $108.54 L
    $178.85 H
    $177.04

    About Meritage Corporation, Common Stock

    Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. more

    Industry: Household DurablesSector: Consumer Discretionary

    Returns

    Time FrameMTHSectorS&P500
    1-Week Return4.46%1.14%-0.64%
    1-Month Return7.68%-1.14%-2.75%
    3-Month Return17.26%1.99%2.89%
    6-Month Return33.54%11.48%17.07%
    1-Year Return41.8%23.32%25.71%
    3-Year Return66.25%2.33%26.45%
    5-Year Return239.7%55.21%86.7%
    10-Year Return356.51%211.27%222.9%

    Financials

    Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
    Total Revenue3.68B4.51B5.15B6.30B6.11B[{"date":"2019-12-31","value":58.4,"profit":true},{"date":"2020-12-31","value":71.55,"profit":true},{"date":"2021-12-31","value":81.73,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":97.06,"profit":true}]
    Cost of Revenue2.98B3.53B3.71B4.50B4.61B[{"date":"2019-12-31","value":64.58,"profit":true},{"date":"2020-12-31","value":76.56,"profit":true},{"date":"2021-12-31","value":80.5,"profit":true},{"date":"2022-12-31","value":97.49,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
    Gross Profit700.19M976.00M1.44B1.80B1.50B[{"date":"2019-12-31","value":38.84,"profit":true},{"date":"2020-12-31","value":54.14,"profit":true},{"date":"2021-12-31","value":79.61,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":83.32,"profit":true}]
    Gross Margin19.04%21.66%27.88%28.63%24.57%[{"date":"2019-12-31","value":66.51,"profit":true},{"date":"2020-12-31","value":75.66,"profit":true},{"date":"2021-12-31","value":97.41,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":85.84,"profit":true}]
    Operating Expenses392.82M446.92M466.85M516.25M231.72M[{"date":"2019-12-31","value":76.09,"profit":true},{"date":"2020-12-31","value":86.57,"profit":true},{"date":"2021-12-31","value":90.43,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":44.89,"profit":true}]
    Operating Income316.95M535.74M973.34M1.29B1.27B[{"date":"2019-12-31","value":24.58,"profit":true},{"date":"2020-12-31","value":41.55,"profit":true},{"date":"2021-12-31","value":75.49,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.53,"profit":true}]
    Total Non-Operating Income/Expense(22.38M)(4.35M)(18.82M)(82.00K)(320.96M)[{"date":"2019-12-31","value":-2237500000,"profit":false},{"date":"2020-12-31","value":-435400000,"profit":false},{"date":"2021-12-31","value":-1882400000,"profit":false},{"date":"2022-12-31","value":-8200000,"profit":false},{"date":"2023-12-31","value":-32096100000,"profit":false}]
    Pre-Tax Income302.94M533.57M954.83M1.29B949.43M[{"date":"2019-12-31","value":23.5,"profit":true},{"date":"2020-12-31","value":41.38,"profit":true},{"date":"2021-12-31","value":74.06,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":73.64,"profit":true}]
    Income Taxes53.28M110.09M217.39M297.13M(210.68M)[{"date":"2019-12-31","value":17.93,"profit":true},{"date":"2020-12-31","value":37.05,"profit":true},{"date":"2021-12-31","value":73.16,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-70.91,"profit":false}]
    Income After Taxes249.66M423.48M737.44M992.19M1.16B[{"date":"2019-12-31","value":21.52,"profit":true},{"date":"2020-12-31","value":36.5,"profit":true},{"date":"2021-12-31","value":63.57,"profit":true},{"date":"2022-12-31","value":85.53,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
    Income From Continuous Operations249.66M423.48M737.44M992.19M802.26M[{"date":"2019-12-31","value":25.16,"profit":true},{"date":"2020-12-31","value":42.68,"profit":true},{"date":"2021-12-31","value":74.32,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":80.86,"profit":true}]
    Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
    Net Income249.66M423.48M737.44M992.19M738.75M[{"date":"2019-12-31","value":25.16,"profit":true},{"date":"2020-12-31","value":42.68,"profit":true},{"date":"2021-12-31","value":74.32,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":74.46,"profit":true}]
    EPS (Diluted)6.5211.0219.3026.7519.94[{"date":"2019-12-31","value":24.37,"profit":true},{"date":"2020-12-31","value":41.2,"profit":true},{"date":"2021-12-31","value":72.15,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":74.54,"profit":true}]

    Ratios

    Liquidity

    These ratios help you determine the liquidity of the company. Higher is better.

    MTH
    Cash Ratio 1.18
    Current Ratio 8.06
    Quick Ratio 1.50

    Asset Efficiency

    These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

    MTH
    ROA (LTM) 9.82%
    ROE (LTM) 18.06%

    Liabilities

    These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

    MTH
    Debt Ratio Lower is generally better. Negative is bad. 0.27
    Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.73
    Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 1.37

    Valuation

    These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

    MTH
    Trailing PE 8.07
    Forward PE 8.97
    P/S (TTM) 0.94
    P/B 1.25
    Price/FCF 83
    EV/R 0.96
    EV/Ebitda 6.07
    PEG NM

    News

    Meritage Homes (MTH) Q1 2024 Earnings Call Transcript

    MTH earnings call for the period ending March 31, 2024.

    26 Apr, 2024 a 1:00 pm The Motley Fool

    The Top 3 Homebuilder Stocks Worth Adding to Your April Buy List

    Although current expectations indicate that U.S. interest rates may not decrease significantly soon, there’s skepticism about maintaining high rates over an extended period. If interest rates eventually decrease, financing for new homes would become cheaper, stimulating demand for home purchases and, thus, homebuilder stocks. While inflation remains a concern, prolonged high interest rates could elevate inflation as businesses and consumers adjust expectations and spending accordingly. If your rent goes up due to inflation, it will never return to the same level again, even when inflation dips by a percentage point or two. That then becomes the new price moving forward. Also, we will inevitably see the ugly side of the economy sooner or later. If we evaluate when’s the best time to load up on homebuilding stocks purely by the interest rate cycle, we are surely at the peak. Here are three homebuilder stocks for investors to consider. D.R. Horton (DHI) Source: Casimiro PT / Shutterstock.

    23 Apr, 2024 a 5:20 pm InvestorPlace

    Raymond Oppel to Retire from Meritage Homes Board of Directors

    SCOTTSDALE, Ariz., March 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage,” “Meritage Homes” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that board director Raymond Oppel will not seek re-election to the Board at the Company’s upcoming annual meeting of shareholders and will retire from his position effective May 16, 2024. Mr. Oppel joined Meritage’s Board in 1997 and during his tenure, chaired the Executive Compensation Committee. He is currently a member of the Executive Compensation and Land Committees.

    15 Mar, 2024 a 1:00 pm GlobeNewswire

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    FAQs

    What is Meritage Corporation share price today?

    Meritage Corporation (MTH) share price today is $177.04

    Can Indians buy Meritage Corporation shares?

    Yes, Indians can buy shares of Meritage Corporation (MTH) on Vested. To buy Meritage Corporation from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in MTH stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

    Can Fractional shares of Meritage Corporation be purchased?

    Yes, you can purchase fractional shares of Meritage Corporation (MTH) via the Vested app. You can start investing in Meritage Corporation (MTH) with a minimum investment of $1.

    How to invest in Meritage Corporation shares from India?

    You can invest in shares of Meritage Corporation (MTH) via Vested in three simple steps:

    • Click on Sign Up or Invest in MTH stock at the top of this page
    • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
    • Transfer USD funds to your US Brokerage account and start investing in Meritage Corporation shares
    What is Meritage Corporation 52-week high and low stock price?

    The 52-week high price of Meritage Corporation (MTH) is $178.85. The 52-week low price of Meritage Corporation (MTH) is $108.54.

    What is Meritage Corporation price-to-earnings (P/E) ratio?

    The price-to-earnings (P/E) ratio of Meritage Corporation (MTH) is 8.24

    What is Meritage Corporation price-to-book (P/B) ratio?

    The price-to-book (P/B) ratio of Meritage Corporation (MTH) is 1.25

    What is Meritage Corporation dividend yield?

    The dividend yield of Meritage Corporation (MTH) is 1.73%

    What is the Market Cap of Meritage Corporation?

    The market capitalization of Meritage Corporation (MTH) is $6.42B

    What is Meritage Corporation’s stock symbol?

    The stock symbol (or ticker) of Meritage Corporation is MTH

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