NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free MTH Stock Alerts $180.32 -0.40 (-0.22%) (As of 11:33 AM ET) Add Compare Share Share Today's Range$179.50▼$181.8750-Day Range$150.00▼$180.6052-Week Range$109.23▼$183.78Volume54,067 shsAverage Volume416,111 shsMarket Capitalization$6.55 billionP/E Ratio8.41Dividend Yield1.66%Price Target$178.25 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/Downside1.2% Downside$178.25 Price TargetShort InterestHealthy1.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.97Based on 14 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.2.95 out of 5 starsConstruction Sector64th out of 102 stocksOperative Builders Industry9th out of 16 stocks 1.1 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 3 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 3.3 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 0.97. 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 0.67 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Meritage Homes this week, compared to 6 articles on an average week.Search Interest3 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 8.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 8.41, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 25.01.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. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlace1970’s computer coder Issues Shocking AI WarningLouis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.Click here to watch his new video ASAP 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 HeadlinesMay 9, 2024 | globenewswire.comMeritage Homes Completes Offering of 1.75% Convertible Senior NotesMay 9, 2024 | americanbankingnews.comMeritage Homes Co. (NYSE:MTH) Given Consensus Recommendation of "Hold" by BrokeragesMay 9, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd 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.May 7, 2024 | seekingalpha.comMeritage Homes Corporation: Reiterate Buy Rating On Strong Demand ProfileMay 7, 2024 | globenewswire.comMeritage Homes Announces Pricing of Convertible Senior NotesMay 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 CallsMay 9, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd 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.April 30, 2024 | bizjournals.comJudge sides with homebuilder in Cibolo sewage caseApril 30, 2024 | finance.yahoo.comMeritage Homes Corporation (NYSE:MTH) Q1 2024 Earnings Call TranscriptApril 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 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 Earnings4/24/2024Today5/09/2024Next 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$178.25 High Stock Price Target$195.00 Low Stock Price Target$148.00 Potential Upside/Downside-1.3%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$21.44 Trailing P/E Ratio8.42 Forward P/E Ratio8.85 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$21.37 per share Price / Cash Flow8.45 Book Value$126.53 per share Price / Book1.43Miscellaneous Outstanding Shares36,320,000Free Float35,593,000Market Cap$6.56 billion OptionableOptionable Beta1.75 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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:TOLNVRNYSE:NVRView All CompetitorsInsiders & InstitutionsSageView Advisory Group LLCBought 5,739 shares on 5/9/2024Ownership: 0.016%State Board of Administration of Florida Retirement SystemSold 8,000 shares on 5/9/2024Ownership: 0.007%ProShare Advisors LLCBought 498 shares on 5/8/2024Ownership: 0.020%Inspire Investing LLCBought 2,024 shares on 5/8/2024Ownership: 0.012%QRG Capital Management Inc.Sold 466 shares on 5/8/2024Ownership: 0.011%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 year. 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 equities research analysts have issued 12-month target prices for Meritage Homes' shares. Their MTH share price targets range from $148.00 to $195.00. On average, they expect the company's stock price to reach $178.25 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. 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 shares have increased by 3.6% and is now trading at $180.41. View the best growth stocks for 2024 here. Are investors shorting Meritage Homes? Meritage Homes saw a decline in short interest during 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 trading volume of 433,700 shares, the short-interest ratio is currently 1.5 days. Currently, 1.9% of the company's shares 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 earnings results on Wednesday, April, 24th. The construction company reported $5.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.54 by $1.52. The construction company earned $1.47 billion during the quarter, compared to analyst estimates 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 dividend yield of 1.66%. The ex-dividend date is Thursday, March 14th. This is a boost 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 Hoya Capital Housing ETF (HOMZ). 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 EPS 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 shareholders include Principal Financial Group Inc. (0.70%), LSV Asset Management (0.60%), Artemis Investment Management LLP (0.59%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.26%), Swiss National Bank (0.20%) and Security National Bank (0.16%). 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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