NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis $191.07 +1.77 (+0.94%) (As of 11/29/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Meritage Homes Stock (NYSE:MTH) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Meritage Homes alerts:Sign Up Key Stats Today's Range$189.71▼$194.9250-Day Range$177.36▼$205.8852-Week Range$137.70▼$213.98Volume153,168 shsAverage Volume402,381 shsMarket Capitalization$6.91 billionP/E Ratio8.65Dividend Yield1.57%Price Target$218.17Consensus RatingModerate Buy Company OverviewMeritage 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.Read More… The latest trend in real estate (Ad)These vacation homes are often expensive to maintain and vacant 90% of the year. But thanks to co-ownership, they’re being transformed into fully utilized assets. And there’s one company that’s leading the charge – already welcoming over 1,500 happy homeowners into their co-ownership family, earning $100M in gross profits along the way. Now, for the first time, this innovative company is opening its doors to public investors. Want to learn more about co-ownership and its potential? Check them out – but be aware: their share price is set to change December 5, so you don’t have long to maximize your stake.Don’t miss your chance to maximize your stake in this co-ownership revolution. Meritage Homes Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks68th Percentile Overall ScoreMTH MarketRank™: Meritage Homes scored higher than 68% of companies evaluated by MarketBeat, and ranked 57th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingMeritage Homes has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageMeritage Homes has only been the subject of 4 research reports in the past 90 days.Read more about Meritage Homes' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth0.94% Earnings GrowthEarnings for Meritage Homes are expected to grow by 0.94% in the coming year, from $21.27 to $21.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 8.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 8.65, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 28.79.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Meritage Homes' valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.71% of the float of Meritage Homes has been sold short.Short Interest Ratio / Days to CoverMeritage Homes has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meritage Homes has recently decreased by 0.76%, indicating that investor sentiment is improving. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldMeritage Homes pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMeritage Homes does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Meritage Homes is 13.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Meritage Homes will have a dividend payout ratio of 13.97% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.Read more about Meritage Homes' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.71% of the float of Meritage Homes has been sold short.Short Interest Ratio / Days to CoverMeritage Homes has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meritage Homes has recently decreased by 0.76%, indicating that investor sentiment is improving. News and Social Media2.3 / 5News Sentiment1.17 News SentimentMeritage Homes has a news sentiment score of 1.17. 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 0.86 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Meritage Homes this week, compared to 7 articles on an average week.MarketBeat FollowsOnly 2 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Meritage Homes insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of Meritage Homes is held by insiders.Percentage Held by Institutions98.44% of the stock of Meritage Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Meritage Homes' insider trading history. Receive MTH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Meritage Homes and its competitors with MarketBeat's FREE daily newsletter. Email Address MTH Stock News HeadlinesTime to Load Up on Home Builders? (MTH)Homebuilder stocks have rallied for much of the last year but recently dipped; is this an opportunity to buy or a correction of investor overzealousness?November 16, 2024 | marketbeat.comBrokerages Set Meritage Homes Co. (NYSE:MTH) Price Target at $218.17November 28 at 2:25 AM | americanbankingnews.comCould This Tiny Device Help You Make an Extra $30k a Year?I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.December 1, 2024 | Brownstone Research (Ad)Meritage Homes Announces Two-for-One Stock SplitNovember 25, 2024 | globenewswire.comMeritage Homes' (NYSE:MTH) 24% CAGR outpaced the company's earnings growth over the same five-year periodNovember 25, 2024 | finance.yahoo.comBig-name homebuilder buys up land in one of North Carolina's fastest-growing countiesNovember 23, 2024 | bizjournals.comMeritage Homes declares $0.75 dividend;$250M increase to share repurchase authorizationNovember 22, 2024 | seekingalpha.comMeritage Homes Announces $250 Mln Increase To Share Repurchase AuthorizationNovember 22, 2024 | markets.businessinsider.comSee More Headlines MTH Stock Analysis - Frequently Asked Questions How have MTH shares performed this year? Meritage Homes' stock was trading at $174.20 at the beginning of the year. Since then, MTH shares have increased by 9.7% and is now trading at $191.07. View the best growth stocks for 2024 here. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) released its quarterly earnings data on Tuesday, October, 29th. The construction company reported $5.34 earnings per share for the quarter, beating the consensus estimate of $5.05 by $0.29. The company's revenue for the quarter was down 1.5% on a year-over-year basis. When did Meritage Homes' stock split? Meritage Homes shares split on Friday, January 3rd 2025. The 2-1 split was announced on Monday, November 25th 2024. The newly issued shares will be distributed to shareholders after the closing bell on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Who are Meritage Homes' major shareholders? Top institutional shareholders of Meritage Homes include State Street Corp (4.90%), Geode Capital Management LLC (2.31%), Greenhaven Associates Inc. (2.05%) and Fisher Asset Management LLC (2.01%). Insiders that own company stock include Phillippe Lord, Hilla Sferruzza, Peter L Ax, Javier Feliciano, Raymond Oppel, Gerald W Haddock, Clinton Szubinski, Alison Sasser and Steven J Hilton. View institutional ownership trends. How do I buy shares of Meritage Homes? Shares of MTH 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. What other stocks do shareholders of Meritage Homes own? Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Homes investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET). Company Calendar Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Last Earnings10/29/2024Today11/30/2024Ex-Dividend for 12/31 Dividend12/17/2024Dividend Payable12/31/2024Fiscal Year End12/31/2024Next Earnings (Estimated)1/29/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Operative builders Sub-IndustryHomebuilding Current SymbolNYSE:MTH CUSIP59001A10 CIK833079 Webwww.meritagehomes.com Phone(480) 515-8100Fax480-998-9162Employees1,920Year Founded2015Price Target and Rating Average Stock Price Target$218.17 High Stock Price Target$235.00 Low Stock Price Target$195.00 Potential Upside/Downside+14.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$22.09 Trailing P/E Ratio8.65 Forward P/E Ratio8.98 P/E GrowthN/ANet Income$738.75 million Net Margins12.63% Pretax Margin16.17% Return on Equity16.89% Return on Assets12.09% Debt Debt-to-Equity Ratio0.26 Current Ratio1.75 Quick Ratio1.75 Sales & Book Value Annual Sales$6.43 billion Price / Sales1.07 Cash Flow$21.16 per share Price / Cash Flow9.03 Book Value$139.02 per share Price / Book1.37Miscellaneous Outstanding Shares36,180,000Free Float35,456,000Market Cap$6.91 billion OptionableOptionable Beta1.82 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report This page (NYSE:MTH) was last updated on 12/1/2024 by MarketBeat.com Staff From Our PartnersThe latest trend in real estateThese vacation homes are often expensive to maintain and vacant 90% of the year. But thanks to co-ownership, t...Pacaso | SponsoredHow this >10-cent coin is going to outperform Bitcoin Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredBofA is watching for a market topU.S. tech stocks have soared so high for so long that they're no longer just minting new millionaires... Th...Chaikin Analytics | SponsoredPaypal, Tesla, SpaceX… Elon's next project is bigger than them allIn February 2016, when almost nobody was talking about artificial intelligence… I picked Nvidia as one of my f...Brownstone Research | SponsoredThis Crisis Could Be Worse Than 2008Underneath the surface, cracks are forming. Cracks that threaten to shatter everything we know. 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