NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis → Incredible Opportunity to Retire FAST! (From Crypto 101 Media) (Ad) Free MTH Stock Alerts $152.06 +1.63 (+1.08%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$150.53▼$153.7250-Day Range$150.00▼$175.5052-Week Range$109.23▼$179.68Volume215,112 shsAverage Volume400,788 shsMarket Capitalization$5.52 billionP/E Ratio7.63Dividend Yield1.97%Price Target$172.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Meritage Homes alerts: Email Address Meritage Homes MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside13.6% Upside$172.67 Price TargetShort InterestHealthy2.35% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.68Based on 11 Articles This WeekInsider TradingSelling Shares$635,171 Sold Last QuarterProj. Earnings Growth11.36%From $17.78 to $19.80 Per ShareSee 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.3.75 out of 5 starsConstruction Sector42nd out of 99 stocksOperative Builders Industry8th out of 15 stocks 2.1 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageMeritage Homes has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.35% 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 2, 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 24.74%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMeritage Homes pays a meaningful dividend of 1.99%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMeritage Homes has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Meritage Homes is 15.06%. 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 15.15% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTH. Previous Next 2.6 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 0.68. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Meritage Homes this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows6 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meritage Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $635,171.00 in 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Meritage Homes are expected to grow by 11.36% in the coming year, from $17.78 to $19.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 7.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 7.63, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 18.84.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Meritage Homes Stock (NYSE:MTH)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.Read More MTH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTH Stock News HeadlinesApril 21, 2024 | seekingalpha.comMeritage Homes: An Upgrade Heading Into Earnings On Strong OrdersApril 20, 2024 | americanbankingnews.comMeritage Homes (NYSE:MTH) Shares Gap Up to $150.14April 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 19, 2024 | finance.yahoo.comMeritage Homes Corporation (MTH)April 17, 2024 | finance.yahoo.comMeritage Homes (MTH) Reports Next Week: Wall Street Expects Earnings GrowthApril 17, 2024 | americanbankingnews.comMeritage Homes (MTH) Scheduled to Post Quarterly Earnings on WednesdayApril 15, 2024 | americanbankingnews.comMeritage Homes Co. (NYSE:MTH) to Post Q4 2024 Earnings of $5.38 Per Share, Zacks Research ForecastsApril 14, 2024 | americanbankingnews.comMeritage Homes Co. (NYSE:MTH) Receives Consensus Rating of "Hold" from BrokeragesApril 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 13, 2024 | americanbankingnews.comAnalysts Offer Predictions for Meritage Homes Co.'s Q1 2024 Earnings (NYSE:MTH)April 2, 2024 | investopedia.comHomebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price DropMarch 28, 2024 | globenewswire.comMeritage Homes First Quarter 2024 Earnings Conference Call and Webcast Scheduled for April 25, 2024March 25, 2024 | finance.yahoo.com20 US Cities with the Most Million-Dollar HomesMarch 21, 2024 | finance.yahoo.comA Look At The Intrinsic Value Of Meritage Homes Corporation (NYSE:MTH)March 16, 2024 | finance.yahoo.comMTH Apr 2024 170.000 callMarch 16, 2024 | finance.yahoo.comMTH Apr 2024 160.000 putMarch 15, 2024 | globenewswire.comRaymond Oppel to Retire from Meritage Homes Board of DirectorsMarch 4, 2024 | finance.yahoo.comMTH Dec 2024 130.000 callMarch 4, 2024 | finance.yahoo.comMeritage Homes' (NYSE:MTH) Shareholders Will Receive A Bigger Dividend Than Last YearFebruary 29, 2024 | fool.comThese Under-the-Radar "Magnificent 7" Alternatives Can Help You Get RichFebruary 27, 2024 | msn.comZelman & Assoc Upgrades Meritage Homes (MTH)February 25, 2024 | finance.yahoo.comMeritage Homes (NYSE:MTH) Might Have The Makings Of A Multi-BaggerFebruary 22, 2024 | globenewswire.comMeritage Homes Increases Quarterly Cash Dividend And Announces Systematic Share Repurchase StrategyFebruary 21, 2024 | bizjournals.comMeritage Homes secures rezoning approval for more than 500 homes in GastoniaFebruary 19, 2024 | benzinga.comLooking Into Meritage Homes's Recent Short InterestFebruary 18, 2024 | ca.finance.yahoo.comMTH Mar 2024 250.000 callFebruary 17, 2024 | bizjournals.comHomebuilder pays eight figures for 576-lot Durham propertySee More Headlines 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 Company Calendar Last Earnings1/31/2024Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Today4/22/2024Next Earnings (Confirmed)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Operative builders Sub-IndustryHomebuilding Current SymbolNYSE:MTH CUSIP59001A10 CIK833079 Webwww.meritagehomes.com Phone(480) 515-8100Fax480-998-9162Employees1,838Year Founded2015Price Target and Rating Average Stock Price Target$172.67 High Stock Price Target$188.00 Low Stock Price Target$148.00 Potential Upside/Downside+13.6%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$19.92 Trailing P/E Ratio7.63 Forward P/E Ratio8.55 P/E GrowthN/ANet Income$738.75 million Net Margins12.03% Pretax Margin15.47% Return on Equity17.03% Return on Assets12.07% Debt Debt-to-Equity Ratio0.22 Current Ratio1.77 Quick Ratio1.77 Sales & Book Value Annual Sales$6.14 billion Price / Sales0.90 Cash Flow$21.18 per share Price / Cash Flow7.18 Book Value$126.53 per share Price / Book1.20Miscellaneous Outstanding Shares36,320,000Free Float35,593,000Market Cap$5.52 billion OptionableOptionable Beta1.76 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Steven J. Hilton (Age 63)Executive Chairman Comp: $2.03MMr. Phillippe Lord (Age 50)Executive VP, CEO & Director Comp: $6.59MMs. Hilla Sferruzza (Age 48)CFO & Executive VP Comp: $3.95MMr. Clinton Szubinski (Age 47)Executive VP & COO Comp: $4.78MMs. Malissia R. Clinton (Age 55)Executive VP, General Counsel & Secretary Comp: $1.87MMr. Javier Feliciano (Age 50)Chief People Officer & Executive VP Comp: $1.29MMs. Alison L. Sasser (Age 48)VP, Corporate Controller & Chief Accounting Officer Emily TadanoVice President of Investor Relations & ESGMr. Steve HahnPresident of Greenville-South Carolina DivisionMr. Elliot A. MannSouthern California Division PresidentMore ExecutivesKey CompetitorsM.D.C.NYSE:MDCKB HomeNYSE:KBHTri Pointe HomesNYSE:TPHM/I HomesNYSE:MHOToll BrothersNYSE:TOLView All CompetitorsInsiders & InstitutionsMaryland State Retirement & Pension SystemSold 228 shares on 4/20/2024Ownership: 0.036%State of Alaska Department of RevenueSold 440 shares on 4/19/2024Ownership: 0.089%First Trust Direct Indexing L.P.Sold 73 shares on 4/19/2024Ownership: 0.007%DMC Group LLCSold 137 shares on 4/19/2024Ownership: 0.006%Sumitomo Mitsui Trust Holdings Inc.Sold 900 shares on 4/19/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions MTH Stock Analysis - Frequently Asked Questions Should I buy or sell Meritage Homes stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MTH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTH, but not buy additional shares or sell existing shares. View MTH analyst ratings or view top-rated stocks. What is Meritage Homes' stock price target for 2024? 7 Wall Street research analysts have issued twelve-month target prices for Meritage Homes' stock. Their MTH share price targets range from $148.00 to $188.00. On average, they expect the company's stock price to reach $172.67 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View analysts price targets for MTH or view top-rated stocks among Wall Street analysts. How have MTH shares performed in 2024? Meritage Homes' stock was trading at $174.20 at the start of the year. Since then, MTH stock has decreased by 12.7% and is now trading at $152.06. View the best growth stocks for 2024 here. Are investors shorting Meritage Homes? Meritage Homes saw a decrease in short interest in March. As of March 31st, there was short interest totaling 827,900 shares, a decrease of 24.7% from the March 15th total of 1,100,000 shares. Based on an average daily volume of 418,700 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.4% of the shares of the company are sold short. View Meritage Homes' Short Interest. When is Meritage Homes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our MTH earnings forecast. How can I listen to Meritage Homes' earnings call? Meritage Homes will be holding an earnings conference call on Thursday, April 25th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) posted its quarterly earnings results on Wednesday, January, 31st. The construction company reported $5.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.18 by $0.20. The construction company earned $1.65 billion during the quarter, compared to analyst estimates of $1.52 billion. Meritage Homes had a trailing twelve-month return on equity of 17.03% and a net margin of 12.03%. How often does Meritage Homes pay dividends? What is the dividend yield for Meritage Homes? Meritage Homes announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, March 15th will be paid a dividend of $0.75 per share on Friday, March 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.27. Read our dividend analysis for MTH. Is Meritage Homes a good dividend stock? Meritage Homes (NYSE:MTH) pays an annual dividend of $3.00 per share and currently has a dividend yield of 1.99%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTH will have a dividend payout ratio of 15.15% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTH. What ETFs hold Meritage Homes' stock? ETFs with the largest weight of Meritage Homes (NYSE:MTH) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco MSCI Green Building ETF (GBLD), Global X Green Building ETF (GRNR), Invesco S&P SmallCap Momentum ETF (XSMO), iShares U.S. Home Construction ETF (ITB), Invesco MSCI Sustainable Future ETF (PZD) and Hoya Capital Housing ETF (HOMZ). What other stocks do shareholders of Meritage Homes own? Based on aggregate information from My MarketBeat watchlists, some companies that other Meritage Homes investors own include D.R. Horton (DHI), Verizon Communications (VZ), NVIDIA (NVDA), Pfizer (PFE), Home Depot (HD), QUALCOMM (QCOM), Johnson & Johnson (JNJ), Salesforce (CRM), Walt Disney (DIS) and AT&T (T). Who are Meritage Homes' major shareholders? Meritage Homes' stock is owned by a number of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.59%), Security National Bank (0.16%), Allspring Global Investments Holdings LLC (0.13%), State of Alaska Department of Revenue (0.09%), Leibman Financial Services Inc. (0.05%) and Maryland State Retirement & Pension System (0.04%). Insiders that own company stock include Alison Sasser, C Timothy White, Clinton Szubinski, Gerald W Haddock, Gerald W Haddock, Hilla Sferruzza, Javier Feliciano, Peter L Ax, Peter L Ax, Phillippe Lord, Raymond Oppel 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. 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