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Meritage Homes Corporation is a residential construction business based in the US. Meritage Homes Corporation shares (MTH) are listed on the NYSE and all prices are listed in US Dollars. Meritage Homes Corporation employs 1,570 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$101.53|
|52-week range||$78.00 - $120.19|
|50-day moving average||$104.29|
|200-day moving average||$101.31|
|Wall St. target price||$130.29|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$14.60|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-07)||2.59%|
|1 month (2021-09-17)||-3.85%|
|3 months (2021-07-16)||14.94%|
|6 months (2021-04-16)||2.77%|
|1 year (2020-10-16)||-9.02%|
|2 years (2019-10-17)||36.34%|
|3 years (2018-10-17)||194.20%|
|5 years (2016-10-17)||200.38%|
Valuing Meritage Homes Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meritage Homes Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Meritage Homes Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Meritage Homes Corporation shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Meritage Homes Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.28. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Meritage Homes Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Meritage Homes Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $779 million.
The EBITDA is a measure of a Meritage Homes Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$4.9 billion|
|Operating margin TTM||15.19%|
|Gross profit TTM||$1 billion|
|Return on assets TTM||11.91%|
|Return on equity TTM||23.8%|
|Market capitalisation||$3.7 billion|
TTM: trailing 12 months
There are currently 1.5 million Meritage Homes Corporation shares held short by investors – that's known as Meritage Homes Corporation's "short interest". This figure is 1.6% down from 1.5 million last month.
There are a few different ways that this level of interest in shorting Meritage Homes Corporation shares can be evaluated.
Meritage Homes Corporation's "short interest ratio" (SIR) is the quantity of Meritage Homes Corporation shares currently shorted divided by the average quantity of Meritage Homes Corporation shares traded daily (recently around 275502.46212121). Meritage Homes Corporation's SIR currently stands at 5.28. In other words for every 100,000 Meritage Homes Corporation shares traded daily on the market, roughly 5280 shares are currently held short.
However Meritage Homes Corporation's short interest can also be evaluated against the total number of Meritage Homes Corporation shares, or, against the total number of tradable Meritage Homes Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Meritage Homes Corporation's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Meritage Homes Corporation shares in existence, roughly 40 shares are currently held short) or 0.0393% of the tradable shares (for every 100,000 tradable Meritage Homes Corporation shares, roughly 39 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Meritage Homes Corporation.
Find out more about how you can short Meritage Homes Corporation stock.
We're not expecting Meritage Homes Corporation to pay a dividend over the next 12 months.
Meritage Homes Corporation's shares were split on a 2:1 basis on 9 January 2005. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Meritage Homes Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Meritage Homes Corporation shares which in turn could have impacted Meritage Homes Corporation's share price.
Over the last 12 months, Meritage Homes Corporation's shares have ranged in value from as little as $78 up to $120.19. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Meritage Homes Corporation's is 1.7354. This would suggest that Meritage Homes Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Meritage Homes Corporation designs and builds single-family 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 first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. .
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