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OTCMKTS:MHGU

Meritage Hospitality Group (MHGU) Stock Price, News & Analysis

$16.37
0.00 (0.00%)
(As of 09/6/2024 ET)
Today's Range
$16.37
$16.37
50-Day Range
$16.01
$18.00
52-Week Range
$14.46
$21.30
Volume
41 shs
Average Volume
325 shs
Market Capitalization
$108.38 million
P/E Ratio
20.21
Dividend Yield
N/A
Price Target
N/A
MHGU stock logo

About Meritage Hospitality Group Stock (OTCMKTS:MHGU)

Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Stan's Tacos, as well as Taco John's brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. It is also involved in franchising activities. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is based in Grand Rapids, Michigan.

MHGU Stock Price History

MHGU Stock News Headlines

Meritage Hospitality Group Inc. (MHGU)
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
S&P GSCI Grains Select ER (^SPGSGSLP)
Meritage: Q1 Earnings Snapshot
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
MHGU Meritage Hospitality Group Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Last Earnings
8/02/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants, Hotels, Motels
Current Symbol
OTCMKTS:MHGU
Previous Symbol
NASDAQ:MHGU
Employees
12,000
Year Founded
N/A

Profitability

Net Income
$6.14 million
Pretax Margin
1.05%

Debt

Sales & Book Value

Annual Sales
$672.49 million
Cash Flow
$3.80 per share
Book Value
$19.01 per share

Miscellaneous

Free Float
2,132,000
Market Cap
$108.38 million
Optionable
Not Optionable
Beta
0.06
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Key Executives

  • Mr. Robert E. Schermer Jr. (Age 65)
    CEO & Director
    Comp: $849.2k
  • Mr. Gary A. Rose (Age 61)
    President, COO & Director
    Comp: $806.1k
  • Ms. Tracey A. Smith (Age 49)
    CFO, VP, Secretary & Treasurer
    Comp: $441.1k
  • Dayna Krug
    Director of Accounting
  • Mr. Robert H. Potts (Age 70)
    General Counsel
  • Susie Schulz
    Director of Operations Support & Marketing
  • Mr. Jeff VanHaitsma
    Vice President of Human Resources
  • Mr. Greg Corr
    Executive Vice President of Wendy's Operations

MHGU Stock Analysis - Frequently Asked Questions

How have MHGU shares performed this year?

Meritage Hospitality Group's stock was trading at $19.50 at the start of the year. Since then, MHGU shares have decreased by 16.0% and is now trading at $16.3720.
View the best growth stocks for 2024 here
.

How were Meritage Hospitality Group's earnings last quarter?

Meritage Hospitality Group Inc. (OTCMKTS:MHGU) announced its quarterly earnings results on Friday, August, 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.04. The firm had revenue of $172.36 million for the quarter, compared to analysts' expectations of $172.20 million. Meritage Hospitality Group had a net margin of 0.88% and a trailing twelve-month return on equity of 4.80%.

How do I buy shares of Meritage Hospitality Group?

Shares of MHGU 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 Hospitality Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Hospitality Group investors own include Aruba Networks (ARUN), Wendy's (WEN), Calavo Growers (CVGW), Cavco Industries (CVCO), Century Communities (CCS) and BioSpecifics Technologies (BSTC).

This page (OTCMKTS:MHGU) was last updated on 9/7/2024 by MarketBeat.com Staff

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