NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free MTH Stock Alerts $175.50 +2.87 (+1.66%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$173.33▼$177.8850-Day Range$150.45▼$176.4652-Week Range$109.23▼$179.68Volume362,306 shsAverage Volume422,044 shsMarket Capitalization$6.35 billionP/E Ratio8.81Dividend Yield1.71%Price Target$180.00 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 RatingHold2.43 Rating ScoreUpside/Downside2.6% Upside$180.00 Price TargetShort InterestHealthy3.12% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.03Based on 5 Articles This WeekInsider TradingSelling Shares$635,171 Sold Last QuarterProj. Earnings Growth10.10%From $17.72 to $19.51 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.2.57 out of 5 starsConsumer Cyclical Sector6th out of 11 stocksResidential Construction Industry3rd out of 3 stocks 1.2 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $180.00, Meritage Homes has a forecasted upside of 2.6% from its current price of $175.50.Amount of Analyst CoverageMeritage Homes has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.12% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meritage Homes has recently increased by 3.77%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMeritage Homes pays a meaningful dividend of 1.80%, 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 15.38% 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 2.8 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 1.03. 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 0.39 average news sentiment score of Consumer Cyclical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Meritage Homes this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows5 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 67% 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 10.10% in the coming year, from $17.72 to $19.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 8.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 8.81, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 340.78.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.39. 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 Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here 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 HeadlinesMarch 14, 2024 | insidertrades.comMeritage Homes Co. (NYSE:MTH) CEO Phillippe Lord Sells 2,500 SharesMarch 28, 2024 | globenewswire.comMeritage Homes First Quarter 2024 Earnings Conference Call and Webcast Scheduled for April 25, 2024March 29, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…March 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 20, 2024 | americanbankingnews.comMeritage Homes Co. (NYSE:MTH) Receives Average Recommendation of "Hold" from AnalystsMarch 16, 2024 | finance.yahoo.comMTH Apr 2024 170.000 callMarch 16, 2024 | finance.yahoo.comMTH Apr 2024 160.000 putMarch 29, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…March 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 propertyFebruary 15, 2024 | finance.yahoo.comHome builder sentiment climbs for third straight monthFebruary 8, 2024 | seekingalpha.comMeritage Homes: Amazing Orders Growth With Good Visibility AheadFebruary 6, 2024 | bizjournals.comMeritage Homes targets large site in Gastonia for 500-plus homesFebruary 2, 2024 | finance.yahoo.comBeazer Homes (BZH) Q1 Earnings & Revenues Miss, Orders UpFebruary 2, 2024 | finance.yahoo.comQ4 2023 Meritage Homes Corp Earnings CallFebruary 2, 2024 | finance.yahoo.comMeritage Homes Corporation (NYSE:MTH) Q4 2023 Earnings Call TranscriptFebruary 1, 2024 | markets.businessinsider.comMeritage Homes Corporation: Maintaining Hold Rating Amid Balance of Growth Prospects and Stock ValuationSee 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 Ex-Dividend for 12/29 Dividend12/14/2023Dividend Payable12/29/2023Last Earnings1/31/2024Ex-Dividend for 3/29 Dividend3/14/2024Today3/28/2024Dividend Payable3/29/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Cyclical Industry Residential Construction 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$180.00 High Stock Price Target$188.00 Low Stock Price Target$170.00 Potential Upside/Downside+2.6%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$19.92 Trailing P/E Ratio8.81 Forward P/E Ratio9.90 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 / Sales1.03 Cash Flow$22.05 per share Price / Cash Flow7.96 Book Value$126.53 per share Price / Book1.39Miscellaneous Outstanding Shares36,170,000Free Float35,446,000Market Cap$6.35 billion OptionableOptionable Beta1.76 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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: $4.35MMs. Hilla Sferruzza (Age 48)CFO & Executive VP Comp: $2.14MMr. Clinton Szubinski (Age 47)Executive VP & COO Comp: $2.68MMs. Malissia R. Clinton (Age 55)Executive VP, General Counsel & Secretary Comp: $1.24MMr. Javier Feliciano (Age 50)Chief People Officer & Executive VP Comp: $970.08kMs. 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 CompetitorsKB HomeNYSE:KBHM.D.C.NYSE:MDCM/I HomesNYSE:MHOTri Pointe HomesNYSE:TPHToll BrothersNYSE:TOLView All CompetitorsInsiders & InstitutionsPhillippe LordSold 2,500 sharesTotal: $406,975.00 ($162.79/share)Vanguard Group Inc.Sold 47,264 shares on 3/11/2024Ownership: 11.399%Fisher Asset Management LLCSold 277,939 shares on 3/5/2024Ownership: 2.163%Wellington Management Group LLPSold 62,071 shares on 3/5/2024Ownership: 1.607%Goldman Sachs Group Inc.Bought 26,682 shares on 3/1/2024Ownership: 1.447%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 analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 price objectives for Meritage Homes' stock. Their MTH share price targets range from $170.00 to $188.00. On average, they expect the company's stock price to reach $180.00 in the next twelve months. This suggests a possible upside of 2.6% 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 beginning of 2024. Since then, MTH stock has increased by 0.7% and is now trading at $175.50. View the best growth stocks for 2024 here. Are investors shorting Meritage Homes? Meritage Homes saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 1,060,000 shares, an increase of 19.9% from the February 14th total of 883,800 shares. Based on an average daily volume of 385,700 shares, the short-interest ratio is presently 2.7 days. Approximately 3.0% 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 were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) posted its quarterly earnings data on Wednesday, January, 31st. The construction company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.18 by $0.20. The construction company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.52 billion. Meritage Homes had a net margin of 12.03% and a trailing twelve-month return on equity of 17.03%. 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 yield of 1.71%. 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 1.80%. 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 15.38% 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), Invesco Building & Construction ETF (PKB), Cambria Value and Momentum ETF (VAMO), Invesco MSCI Green Building ETF (GBLD), iShares U.S. Home Construction ETF (ITB), Pacer US Small Cap Cash Cows 100 ETF (CALF), Global X Green Building ETF (GRNR) and Euclidean Fundamental Value ETF (ECML). 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.31%), Vanguard Group Inc. (11.40%), Dimensional Fund Advisors LP (4.61%), Greenhaven Associates Inc. (2.27%), Fisher Asset Management LLC (2.16%) and Fisher Asset Management LLC (2.15%). 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. This page (NYSE:MTH) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the MarketsBill Gates is all about this tiny $2 stockTimothy Sykes Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Meritage Homes Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.