MTH — Meritage Homes Share Price
0.000.00%
Last trade - 00:00- $5.78bn
- $5.87bn
- $6.14bn
- 64
- 71
- 85
- 86
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 8.75 | ||
| PEG Ratio (f) | n/a | ||
| EPS Growth (f) | -5.83% | ||
| Dividend Yield (f) | 1.9% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.25 | ||
| Price to Tang. Book | 1.26 | ||
| Price to Free Cashflow | 18.21 | ||
| Price to Sales | 0.94 | ||
| EV to EBITDA | 6.01 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 14.94% | ||
| Return on Equity | 17.26% | ||
| Operating Margin | 15.47% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 3,666.94 | 4,501.22 | 5,141.32 | 6,292.2 | 6,138.26 | 6,115.89 | 6,647.6 | 11.71% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +18.58 | +68.28 | +78.62 | +36.06 | -25.41 | -11.33 | +9.73 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.
Directors
- Steven Hilton CHM (59)
- Phillippe Lord CEO (47)
- Hilla Sferruzza CFO (45)
- Clint Szubinski COO (44)
- Javier Feliciano CHO (47)
- Peter Ax LED (61)
- Dana Bradford IND (56)
- Louis Caldera IND
- Gerald Haddock IND (73)
- Deborah Henretta IND (59)
- Joseph Keough IND (51)
- P. Kelly Mooney IND (57)
- Michael Odell IND (57)
- Raymond Oppel IND (64)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- May 26th, 1988
- Public Since
- July 21st, 1988
- No. of Shareholders
- 128
- No. of Employees
- 1,838
- Sector
- Homebuilding & Construction Supplies
- Industry
- Consumer Cyclicals
- Exchange
- New York Stock Exchange
- Shares in Issue
- 36,319,014
- Address
- 18655 North Claret Drive, Suite 400, SCOTTSDALE, 85255
- Web
- https://www.meritagehomes.com/
- Phone
- +1 4805158100
- Contact
- Emily Tadano
- Auditors
- Deloitte & Touche LLP
Upcoming Events for MTH
Q1 2024 Meritage Homes Corp Earnings Release
Meritage Homes Corp Annual Shareholders Meeting
Meritage Homes Corp Annual Shareholders Meeting
Q2 2024 Meritage Homes Corp Earnings Release
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FAQ
What is the Meritage Homes share price?
As of Today at 19:14 UTC, shares in Meritage Homes are trading at $159.13. This share price information is delayed by 15 minutes.
How has the Meritage Homes share price performed this year?
Shares in Meritage Homes last closed at $159.13 and the price had moved by +33.79% over the past 365 days. In terms of relative price strength the Meritage Homes share price has outperformed the S&P500 Index by +8.05% over the past year.
What are the analyst and broker recommendations for Meritage Homes?
The overall consensus recommendation for Meritage Homes is Hold. You can view the full broker recommendation list by unlocking its StockReport.
What is the Meritage Homes dividend yield?
The Meritage Homes dividend yield is 0.68% based on the trailing twelve month period.
Does Meritage Homes pay a dividend?
Last year, Meritage Homes paid a total dividend of $1.08, and it currently has a trailing dividend yield of 0.68%. We do not have any data on when Meritage Homes is to next pay dividends.
When does Meritage Homes next pay dividends?
We do not have data on when Meritage Homes is to next pay dividends. The historic dividend yield on Meritage Homes shares is currently 0.68%.
How do I buy Meritage Homes shares?
To buy shares in Meritage Homes you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Meritage Homes?
As of the previous close price of $159.13, shares in Meritage Homes had a market capitalisation of $5.78bn.
Where are Meritage Homes shares listed?
Here are the trading details for Meritage Homes:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: MTH
What kind of share is Meritage Homes?
Based on an overall assessment of its quality, value and momentum Meritage Homes is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Meritage Homes share price forecast for 2024?
The analyst consensus target price for shares in Meritage Homes is $178.83. That is 12.38% above the last closing price of $159.13.
Analysts covering Meritage Homes currently have a consensus Earnings Per Share (EPS) forecast of $17.69 for the next financial year.
What is the trend in the Meritage Homes share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Meritage Homes. Over the past six months, its share price has outperformed the S&P500 Index by +20.16%.
As of the last closing price of $159.13, shares in Meritage Homes were trading +8.75% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Meritage Homes PE Ratio?
The Meritage Homes PE ratio based on its reported earnings over the past 12 months is 8.75. The shares last closed at $159.13.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Meritage Homes?
Meritage Homes' management team is headed by:
- Steven Hilton - CHM
- Phillippe Lord - CEO
- Hilla Sferruzza - CFO
- Clint Szubinski - COO
- Javier Feliciano - CHO
- Peter Ax - LED
- Dana Bradford - IND
- Louis Caldera - IND
- Gerald Haddock - IND
- Deborah Henretta - IND
- Joseph Keough - IND
- P. Kelly Mooney - IND
- Michael Odell - IND
- Raymond Oppel - IND