Positive News SentimentPositive NewsNYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis $189.65 +0.38 (+0.20%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$189.58â–Ľ$195.5350-Day Range$152.29â–Ľ$206.1052-Week Range$109.23â–Ľ$210.58Volume368,336 shsAverage Volume420,325 shsMarket Capitalization$6.89 billionP/E Ratio8.85Dividend Yield1.58%Price Target$208.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Meritage Homes alerts: Email Address Meritage Homes MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside9.7% Upside$208.00 Price TargetShort InterestHealthy2.63% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.51Based on 3 Articles This WeekInsider TradingSelling Shares$3.11 M Sold Last QuarterProj. Earnings Growth4.22%From $21.09 to $21.98 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.3.59 out of 5 starsConstruction Sector49th out of 99 stocksOperative Builders Industry9th out of 17 stocks 2.4 Analyst's Opinion Consensus RatingMeritage Homes has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMeritage Homes has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Meritage Homes' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.63% 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 2.1, 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 18.42%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMeritage Homes pays a meaningful dividend of 1.52%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMeritage Homes does not have a long track record of dividend growth.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 13.65% 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 2.5 News and Social Media Coverage News SentimentMeritage Homes has a news sentiment score of 1.51. 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 0.76 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Meritage Homes this week, compared to 6 articles on an average week.Search InterestOnly 5 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 $3,111,080.00 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 4.22% in the coming year, from $21.09 to $21.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 8.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 8.85, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 22.06.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.41. 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 Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << 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 HeadlinesAugust 29, 2024 | globenewswire.comMeritage Homes Releases Fourth Annual Environmental, Social, and Governance ReportAugust 29, 2024 | globenewswire.comMeritage Homes Announces Quarterly Cash DividendSeptember 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 27, 2024 | bizjournals.comJohnston County land price rockets 350% in two yearsAugust 21, 2024 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Meritage Homes (NYSE:MTH)August 21, 2024 | msn.comHomebuilders have had the upper hand in the housing market. Lower rates may change that.August 19, 2024 | entrepreneur.comShould You Buy Meritage Homes as Housing Demand Soars?August 15, 2024 | msn.comWolfe Research Upgrades Meritage Homes (MTH)September 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 9, 2024 | theglobeandmail.comQ2 Earnings Roundup: Meritage Homes (NYSE:MTH) And The Rest Of The Home Builders SegmentAugust 6, 2024 | msn.comSeaport Global Downgrades Meritage Homes (MTH)August 6, 2024 | prnewswire.comJames Hardie Building Products Inc. Announces Exclusive Product Deal with Meritage HomesJuly 30, 2024 | globenewswire.comMeritage Homes Certified By Great Place To Work® For Second Year In a RowJuly 30, 2024 | seekingalpha.comMeritage Homes Corporation: Staying Buy Rated As Demand Outlook Remains PositiveJuly 27, 2024 | bizjournals.comMeritage Homes enters Delta Shores with lot purchase west of I-5July 27, 2024 | markets.businessinsider.comMeritage Homes Corp.: A Balanced Hold Rating Amidst Growth and Market UncertaintyJuly 25, 2024 | msn.comMeritage Homes (MTH) Q2 2024 Earnings Call TranscriptJuly 25, 2024 | seekingalpha.comMeritage Homes Corporation (MTH) Q2 2024 Earnings Call TranscriptSee 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 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/24/2024Today9/07/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/29/2024Fiscal 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) 515-8100Fax480-998-9162Employees1,920Year Founded2015Price Target and Rating Average Stock Price Target$208.00 High Stock Price Target$230.00 Low Stock Price Target$160.00 Potential Upside/Downside+9.7%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$21.44 Trailing P/E Ratio8.85 Forward P/E Ratio8.99 P/E GrowthN/ANet Income$738.75 million Net Margins12.98% Pretax Margin16.67% Return on Equity17.99% Return on Assets12.92% Debt Debt-to-Equity Ratio0.27 Current Ratio1.93 Quick Ratio1.93 Sales & Book Value Annual Sales$6.46 billion Price / Sales1.07 Cash Flow$20.07 per share Price / Cash Flow9.45 Book Value$134.40 per share Price / Book1.41Miscellaneous Outstanding Shares36,319,000Free Float35,593,000Market Cap$6.89 billion OptionableOptionable Beta1.80 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.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 CompetitorsPulteGroupNYSE:PHMToll BrothersNYSE:TOLKB HomeNYSE:KBHM/I HomesNYSE:MHOTri Pointe HomesNYSE:TPHView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 1,221 shares on 9/5/2024Ownership: 0.003%Aristides Capital LLCBought 1,450 shares on 8/23/2024Ownership: 0.004%Truist Financial CorpSold 11,776 shares on 8/21/2024Ownership: 0.107%Creative PlanningBought 1,937 shares on 8/16/2024Ownership: 0.028%Northwestern Mutual Wealth Management Co.Bought 163 shares on 8/16/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions MTH Stock Analysis - Frequently Asked Questions How have MTH shares performed this year? Meritage Homes' stock was trading at $174.20 at the beginning of the year. Since then, MTH stock has increased by 8.9% and is now trading at $189.65. View the best growth stocks for 2024 here. How were Meritage Homes' earnings last quarter? Meritage Homes Co. (NYSE:MTH) posted its quarterly earnings data on Wednesday, July, 24th. The construction company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $5.17 by $1.14. The firm's revenue for the quarter was up 9.8% on a year-over-year basis. Who are Meritage Homes' major shareholders? Meritage Homes' top institutional shareholders include Dimensional Fund Advisors LP (4.44%), Greenhaven Associates Inc. (2.13%), Earnest Partners LLC (1.98%) and American Century Companies Inc. (1.24%). Insiders that own company stock include Phillippe Lord, Hilla Sferruzza, Peter L Ax, Javier Feliciano, Raymond Oppel, Gerald W Haddock, Clinton Szubinski, Alison Sasser, C Timothy White 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. What other stocks do shareholders of Meritage Homes own? Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Homes investors own include D.R. Horton (DHI), Verizon Communications (VZ), NVIDIA (NVDA), Pfizer (PFE), Home Depot (HD), QUALCOMM (QCOM) and Johnson & Johnson (JNJ). This page (NYSE:MTH) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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