NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis → [URGENT] DO NOT Touch These AI Stocks! (From Weiss Ratings) (Ad) Free MTH Stock Alerts $180.60 +5.28 (+3.01%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$176.96▼$183.7750-Day Range$150.00▼$177.1852-Week Range$109.23▼$183.78Volume1.28 million shsAverage Volume418,153 shsMarket Capitalization$6.56 billionP/E Ratio8.42Dividend Yield1.66%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 RatingHold2.33 Rating ScoreUpside/Downside4.4% Downside$172.67 Price TargetShort InterestHealthy1.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.77Based on 10 Articles This WeekInsider TradingSelling Shares$635,171 Sold Last QuarterProj. Earnings Growth3.04%From $20.41 to $21.03 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.2.96 out of 5 starsConstruction Sector58th out of 99 stocksOperative Builders Industry9th out of 15 stocks 1.2 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 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.Read more about Meritage Homes' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.85% 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 1.5, 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 21.14%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMeritage Homes pays a meaningful dividend of 1.69%, 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 13.99%. 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 14.27% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.Read more about Meritage Homes' 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 3.2 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 0.77. 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 0.60 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Meritage Homes this week, compared to 6 articles on an average week.Search Interest1 people have searched for MTH on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% 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.Read more about Meritage Homes' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Meritage Homes are expected to grow by 3.04% in the coming year, from $20.41 to $21.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 8.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 8.42, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 23.81.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.43. 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. 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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 HeadlinesMay 7, 2024 | seekingalpha.comMeritage Homes Corporation: Reiterate Buy Rating On Strong Demand ProfileMay 7, 2024 | globenewswire.comMeritage Homes Announces Pricing of Convertible Senior NotesMay 7, 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.May 6, 2024 | globenewswire.comMeritage Homes Announces Offering of Convertible Senior NotesMay 5, 2024 | americanbankingnews.comMeritage Homes (NYSE:MTH) Reaches New 52-Week High at $183.25May 1, 2024 | globenewswire.comMeritage Homes Announces Two-Part Series Investor Day Webcast CallsApril 30, 2024 | bizjournals.comJudge sides with homebuilder in Cibolo sewage caseApril 30, 2024 | finance.yahoo.comMeritage Homes Corporation (NYSE:MTH) Q1 2024 Earnings Call TranscriptMay 7, 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 30, 2024 | benzinga.comHow Is The Market Feeling About Meritage Homes?April 30, 2024 | americanbankingnews.comHead-To-Head Contrast: Meritage Homes (NYSE:MTH) vs. Smith Douglas Homes (NYSE:SDHC)April 28, 2024 | americanbankingnews.comMeritage Homes (NYSE:MTH) Upgraded by StockNews.com to "Buy"April 27, 2024 | americanbankingnews.comWedbush Reiterates Underperform Rating for Meritage Homes (NYSE:MTH)April 26, 2024 | finance.yahoo.comMeritage Homes First Quarter 2024 Earnings: Beats ExpectationsApril 26, 2024 | fool.comMeritage Homes (MTH) Q1 2024 Earnings Call TranscriptApril 25, 2024 | seekingalpha.comMeritage Homes Corporation 2024 Q1 - Results - Earnings Call PresentationApril 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 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 21, 2024 | seekingalpha.comMeritage Homes: An Upgrade Heading Into Earnings On Strong OrdersApril 19, 2024 | finance.yahoo.comMeritage Homes Corporation (MTH)April 17, 2024 | finance.yahoo.comMeritage Homes (MTH) Reports Next Week: Wall Street Expects Earnings GrowthApril 2, 2024 | investopedia.comHomebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price DropSee 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 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings4/24/2024Today5/07/2024Next Earnings (Estimated)7/25/2024Fiscal 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-4.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$21.44 Trailing P/E Ratio8.47 Forward P/E Ratio8.90 P/E GrowthN/ANet Income$738.75 million Net Margins12.54% Pretax Margin16.09% Return on Equity17.63% Return on Assets12.65% Debt Debt-to-Equity Ratio0.21 Current Ratio1.66 Quick Ratio1.66 Sales & Book Value Annual Sales$6.14 billion Price / Sales1.07 Cash Flow$21.49 per share Price / Cash Flow8.45 Book Value$126.53 per share Price / Book1.43Miscellaneous Outstanding Shares36,320,000Free Float35,593,000Market Cap$6.59 billion OptionableOptionable Beta1.75 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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:TOLPulteGroupNYSE:PHMView All CompetitorsInsiders & InstitutionsSwiss National BankSold 600 shares on 5/7/2024Ownership: 0.198%Sei Investments Co.Sold 4,825 shares on 5/7/2024Ownership: 0.061%Oppenheimer Asset Management Inc.Sold 1,245 shares on 5/7/2024Ownership: 0.025%Meeder Asset Management Inc.Bought 1,347 shares on 5/7/2024Ownership: 0.015%BOS Asset Management LLCBought 1,661 shares on 5/7/2024Ownership: 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? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meritage Homes in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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? 6 equities research analysts have issued 1 year price objectives for Meritage Homes' stock. 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 twelve months. This suggests that the stock has a possible downside of 4.4%. 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 3.7% and is now trading at $180.60. View the best growth stocks for 2024 here. Are investors shorting Meritage Homes? Meritage Homes saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 652,900 shares, a decline of 21.1% from the March 31st total of 827,900 shares. Based on an average daily trading volume, of 433,700 shares, the short-interest ratio is presently 1.5 days. Approximately 1.9% of the shares of the stock 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 Thursday, July 25th 2024. View our MTH earnings forecast. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) issued its quarterly earnings data on Wednesday, April, 24th. The construction company reported $5.06 earnings per share for the quarter, topping analysts' consensus estimates of $3.54 by $1.52. The construction company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.28 billion. Meritage Homes had a trailing twelve-month return on equity of 17.63% and a net margin of 12.54%. 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 paid a dividend of $0.75 per share on Friday, March 29th. This represents a $3.00 annualized dividend and a yield of 1.66%. 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 1.69%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTH will have a dividend payout ratio of 14.27% 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), Invesco S&P SmallCap Momentum ETF (XSMO), iShares U.S. Home Construction ETF (ITB), Goldman Sachs Small Cap Core Equity ETF (GSC), Global X Green Building ETF (GRNR) and Invesco MSCI Sustainable Future ETF (ERTH). 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 guidance of 19.200-20.700 for the period, compared to the consensus EPS 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 many different retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (0.70%), LSV Asset Management (0.60%), Artemis Investment Management LLP (0.59%), Swiss National Bank (0.20%), Security National Bank (0.16%) and Mesirow Institutional Investment Management Inc. (0.15%). 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, 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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