NYSE:MTH Meritage Homes (MTH) Stock Price, News & Analysis $153.43 -0.67 (-0.43%) (As of 05:46 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Meritage Homes Stock (NYSE:MTH) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Meritage Homes alerts:Sign Up Key Stats Today's Range$150.94▼$154.6250-Day Range$151.91▼$195.8652-Week Range$147.77▼$213.98Volume361,819 shsAverage Volume416,383 shsMarket Capitalization$5.55 billionP/E Ratio6.95Dividend Yield1.96%Price Target$215.14Consensus RatingHold Company OverviewMeritage 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… Meritage Homes Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks87th Percentile Overall ScoreMTH MarketRank™: Meritage Homes scored higher than 87% of companies evaluated by MarketBeat, and ranked 30th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.2 / 5Analyst RatingHold Consensus RatingMeritage Homes has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageMeritage Homes has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Meritage Homes' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth0.94% Earnings GrowthEarnings for Meritage Homes are expected to grow by 0.94% in the coming year, from $21.27 to $21.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meritage Homes is 6.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Meritage Homes is 6.95, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.48.Price to Book Value per Share RatioMeritage Homes has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.20% 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 2.8, 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 11.02%, indicating that investor sentiment is improving significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldMeritage Homes pays a meaningful dividend of 1.94%, 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 13.58%. 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 13.97% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.Read more about Meritage Homes' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.20% 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 2.8, 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 11.02%, indicating that investor sentiment is improving significantly. News and Social Media0.6 / 5News SentimentN/A Search Interest3 people have searched for MTH on MarketBeat in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Meritage Homes insiders have not sold or bought any 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. 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 MTH Stock News HeadlinesMeritage Homes Co. (NYSE:MTH) Receives $215.14 Consensus Price Target from AnalystsDecember 23, 2024 | americanbankingnews.comHome Builders Stocks Q3 In Review: Meritage Homes (NYSE:MTH) Vs PeersDecember 20, 2024 | finance.yahoo.comURGENT: This Altcoin Opportunity Won’t Wait – Act NowAltcoin season moves fast, and those who hesitate are left behind. The window is closing.December 30, 2024 | Crypto Swap Profits (Ad)Meritage (MTH) Receives a Buy from Evercore ISIDecember 17, 2024 | markets.businessinsider.comMeritage Homes Gives $3.3 Million In 2024 To Support Communities NationwideDecember 17, 2024 | globenewswire.comJP Morgan Downgrades Meritage Homes (MTH)December 14, 2024 | msn.comMeritage Homes: Favourable Macro Backdrop And A Right Strategy In PlaceDecember 14, 2024 | seekingalpha.comD.R. Horton, Toll Bros., Meritage cut at J.P. Morgan on '25 supply backdropDecember 13, 2024 | msn.comSee More Headlines MTH Stock Analysis - Frequently Asked Questions How have MTH shares performed this year? Meritage Homes' stock was trading at $174.20 on January 1st, 2024. Since then, MTH shares have decreased by 11.9% and is now trading at $153.43. 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 Tuesday, October, 29th. The construction company reported $5.34 EPS for the quarter, topping the consensus estimate of $5.05 by $0.29. The company's revenue for the quarter was down 1.5% compared to the same quarter last year. When did Meritage Homes' stock split? Meritage Homes's stock split on the morning of Friday, January 3rd 2025. The 2-1 split was announced on Monday, November 25th 2024. The newly minted shares will be payable to shareholders after the closing bell on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. 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 NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET). Company Calendar Last Earnings10/29/2024Ex-Dividend for 12/31 Dividend12/17/2024Today12/30/2024Dividend Payable12/31/2024Fiscal 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$215.14 High Stock Price Target$235.00 Low Stock Price Target$195.00 Potential Upside/Downside+40.2%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$22.09 Trailing P/E Ratio6.95 Forward P/E Ratio7.21 P/E GrowthN/ANet Income$738.75 million Net Margins12.63% Pretax Margin16.17% Return on Equity16.89% Return on Assets12.09% Debt Debt-to-Equity Ratio0.26 Current Ratio1.75 Quick Ratio1.75 Sales & Book Value Annual Sales$6.43 billion Price / Sales0.86 Cash Flow$17.86 per share Price / Cash Flow8.59 Book Value$126.53 per share Price / Book1.21Miscellaneous Outstanding Shares36,180,000Free Float35,456,000Market Cap$5.55 billion OptionableOptionable Beta1.82 A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.Get This Free Report This page (NYSE:MTH) was last updated on 12/30/2024 by MarketBeat.com Staff From Our Partners Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...Paradigm Press | Sponsoredliberals FOOLED by Elon’s shocking surpriseElon Musk and Donald Trump fooled everyone. They said it was to “save free speech”... 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