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Meritage Homes Corporation (MTH)

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198.07 +0.97 (+0.49%)
At close: 4:00 PM EDT
198.07 0.00 (0.00%)
After hours: 5:32 PM EDT
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DELL
  • Previous Close 197.10
  • Open 199.01
  • Bid 170.00 x 800
  • Ask 316.91 x 800
  • Day's Range 194.05 - 199.83
  • 52 Week Range 109.23 - 210.58
  • Volume 282,527
  • Avg. Volume 459,841
  • Market Cap (intraday) 7.195B
  • Beta (5Y Monthly) 1.80
  • PE Ratio (TTM) 8.71
  • EPS (TTM) 22.75
  • Earnings Date Oct 29, 2024 - Nov 4, 2024
  • Forward Dividend & Yield 3.00 (1.52%)
  • Ex-Dividend Date Sep 16, 2024
  • 1y Target Est 205.91

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.

www.meritagehomes.com

1,838

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: MTH

Trailing total returns as of 8/30/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MTH
14.75%
S&P 500
18.42%

1-Year Return

MTH
47.51%
S&P 500
25.59%

3-Year Return

MTH
79.61%
S&P 500
25.26%

5-Year Return

MTH
210.68%
S&P 500
93.14%

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Statistics: MTH

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Valuation Measures

Annual
As of 8/29/2024
  • Market Cap

    7.16B

  • Enterprise Value

    7.54B

  • Trailing P/E

    8.67

  • Forward P/E

    11.05

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.13

  • Price/Book (mrq)

    1.47

  • Enterprise Value/Revenue

    1.17

  • Enterprise Value/EBITDA

    6.83

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.98%

  • Return on Assets (ttm)

    9.92%

  • Return on Equity (ttm)

    18.36%

  • Revenue (ttm)

    6.46B

  • Net Income Avi to Common (ttm)

    838.18M

  • Diluted EPS (ttm)

    22.75

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    992.92M

  • Total Debt/Equity (mrq)

    28.03%

  • Levered Free Cash Flow (ttm)

    -262.28M

Research Analysis: MTH

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