NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free MTH Stock Alerts $163.00 +8.31 (+5.37%) (As of 08:59 AM ET) Add Compare Share Share Today's Range$163.00▼$163.0050-Day Range$150.00▼$175.5052-Week Range$109.23▼$179.68Volume351 shsAverage Volume394,759 shsMarket Capitalization$5.92 billionP/E Ratio8.18Dividend Yield1.84%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/Downside11.6% Upside$172.67 Price TargetShort InterestHealthy2.35% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.65Based on 16 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.3.77 out of 5 starsConstruction Sector40th out of 98 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 0.65. 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 16 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 200% 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 7.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 7.77, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 16.96.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.22. 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 Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… 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 24, 2024 | markets.businessinsider.comMeritage Homes Corp. Profit Rises In Q1, Beats estimatesApril 24, 2024 | msn.comMTH Stock Earnings: Meritage Homes Beats EPS, Beats Revenue for Q1 2024April 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 24, 2024 | finance.yahoo.comMeritage Homes Corp (MTH) Reports Strong Q1 2024 Earnings, Surpassing Analyst ExpectationsApril 24, 2024 | globenewswire.comMeritage Homes reports first quarter 2024 resultsApril 24, 2024 | money.usnews.comMeritage Homes Corp.April 24, 2024 | markets.businessinsider.comHere's what to expect from Meritage Homes's earningsApril 23, 2024 | msn.comMeritage Homes Q1 2024 Earnings PreviewApril 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 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 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 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-BaggerSee 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 Payable3/29/2024Today4/24/2024Next 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+11.6%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$19.92 Trailing P/E Ratio7.77 Forward P/E Ratio8.70 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 / Sales0.92 Cash Flow$21.34 per share Price / Cash Flow7.25 Book Value$126.53 per share Price / Book1.22Miscellaneous Outstanding Shares36,319,000Free Float35,593,000Market Cap$5.62 billion OptionableOptionable Beta1.77 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 CompetitorsKB HomeNYSE:KBHTri Pointe HomesNYSE:TPHM/I HomesNYSE:MHOToll BrothersNYSE:TOLTaylor Morrison HomeNYSE:TMHCView All CompetitorsInsiders & InstitutionsAssenagon Asset Management S.A.Bought 549 shares on 4/24/2024Ownership: 0.042%Raymond James Financial Services Advisors Inc.Sold 360 shares on 4/23/2024Ownership: 0.106%Fifth Third BancorpBought 2,735 shares on 4/23/2024Ownership: 0.061%Louisiana State Employees Retirement SystemSold 300 shares on 4/23/2024Ownership: 0.050%Amalgamated BankSold 2,261 shares on 4/23/2024Ownership: 0.032%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 1 sell rating, 3 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 12-month price objectives for Meritage Homes' shares. Their MTH share price targets range from $148.00 to $188.00. On average, they anticipate the company's stock price to reach $172.67 in the next year. This suggests a possible upside of 11.6% 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 on January 1st, 2024. Since then, MTH shares have decreased by 11.2% and is now trading at $154.69. View the best growth stocks for 2024 here. Are investors shorting Meritage Homes? Meritage Homes saw a decrease in short interest in the month of 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 short-interest ratio is presently 2.0 days. Approximately 2.4% of the company's stock are short sold. View Meritage Homes' Short Interest. 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) announced its quarterly earnings results on Wednesday, January, 31st. The construction company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate 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 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. Investors of record on Friday, March 15th will be given a dividend of $0.75 per share on Friday, March 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.94%. 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), Goldman Sachs Small Cap Core Equity ETF (GSC), Global X Green Building ETF (GRNR), Invesco S&P SmallCap Momentum ETF (XSMO), iShares U.S. Home Construction ETF (ITB) and Invesco MSCI Sustainable Future ETF (PZD). What guidance has Meritage Homes issued on next quarter's earnings? Meritage Homes issued an update on its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of 19.200-20.700 for the period, compared to the consensus earnings per share estimate of 17.690. The company issued revenue guidance of -. 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%), Raymond James Financial Services Advisors Inc. (0.11%), State of Alaska Department of Revenue (0.09%) and Fifth Third Bancorp (0.06%). 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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