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

Company Overview

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.

Key Stats

• Today's Range: $14.25 to $14.58
• 50-Day Range: $13.34 to $15.79
• 52-Week Range: $13.21 to $19.00
• Volume: 1,700 shs
• Average Volume: 1,827 shs
• Market Capitalization: $96.87 million
• P/E Ratio: 60.73
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MHGU Stock Analysis - Frequently Asked Questions

How have MHGU shares performed this year?

Meritage Hospitality Group's stock was trading at $14.00 on January 1st, 2025. Since then, MHGU stock has increased by 4.1% and is now trading at $14.5750.
View the best growth stocks for 2025 here.

How were Meritage Hospitality Group's earnings last quarter?

Meritage Hospitality Group Inc. (OTCMKTS:MHGU) announced its quarterly earnings data on Monday, November, 4th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of $0.49 by $0.83. The firm had revenue of $164.85 million for the quarter, compared to analyst estimates of $181.50 million. Meritage Hospitality Group had a net margin of 0.62% and a trailing twelve-month return on equity of 3.38%.

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.

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), Boot Barn (BOOT), Adverum Biotechnologies (ADVM), APi Group (APG), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and G1 Therapeutics (GTHX).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 1/30/2025
• Next Earnings (Estimated): 4/10/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: OTCMKTS:MHGU
• Previous Symbol: NASDAQ:MHGU
• CUSIP: N/A
• CIK: 808219
• Web: www.meritagehospitality.com
• Phone: (616) 776-2600
• Fax: 616-776-2776
• Employees: 12,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.24
• Trailing P/E Ratio: 61.92
• Forward P/E Ratio: 22.52
• P/E Growth: N/A
• Net Income: $6.14 million
• Net Margins: 0.62%
• Pretax Margin: 0.72%
• Return on Equity: 3.38%
• Return on Assets: 0.52%

Debt

• Debt-to-Equity Ratio: 1.23
• Current Ratio: 0.26
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: $672.49 million
• Price / Sales: 0.15
• Cash Flow: $4.05 per share
• Price / Cash Flow: 3.67
• Book Value: $18.72 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 6,650,000
• Free Float: 2,140,000
• Market Cap: $98.82 million
• Optionable: Not Optionable
• Beta: 0.05