$199.76
Meritage Corporation is a residential construction business based in the US. Meritage Corporation shares (MTH) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $197.82 – an increase of 2.99% over the previous week. Meritage Corporation employs 1,838 staff and has a trailing 12-month revenue of around $6.5 billion.
What's in this guide?
- MTH shares summary
- Compare share dealing platforms
- Is MTH stock a buy or sell?
- Stock performance over time
- Can I short MTH shares?
- Are MTH shares over-valued?
- Meritage Corporation's financials
- How volatile are MTH shares?
- Does Meritage Corporation pay a dividend?
- Have MTH shares ever split?
- Other common questions
Our top picks for where to buy Meritage Corporation stock
- Earn 4.5% interest on uninvested cash with Gold
- Get up to $50,000 in instant deposits with Gold
- Easy, user-friendly trading
- Unlimited bonus amounts Oct 16-27
- Trade options, futures, options on futures, stocks, ETFs
- $0 commission to close options
- Pro-grade platform and risk analysis tools
- Trade stocks, options, ETFs, mutual funds, alternative asset funds
- $0 commission on stocks, ETFs and options, with no options contract fees
- Complimentary access to a financial planner and automated investing
How to buy Meritage Corporation stock
- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – MTH. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Buy Meritage Corporation stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Meritage Corporation stock price (NYSE: MTH)
Use our graph to track the performance of MTH stocks over time.Meritage Corporation shares at a glance
Latest market close | $197.82 |
---|---|
52-week range | $107.66 - $213.98 |
50-day moving average | $194.46 |
200-day moving average | $174.52 |
Wall St. target price | $206.80 |
PE ratio | 8.6992 |
Dividend yield | $2.04 (1.52%) |
Earnings per share (TTM) | $22.74 |
Is it a good time to buy Meritage Corporation stock?
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.
Meritage Corporation price performance over time
Historical closes compared with the close of $197.82 from 2024-10-15
1 week (2024-10-10) | 2.99% |
---|---|
1 month (2024-09-17) | -3.20% |
3 months (2024-07-17) | 4.10% |
6 months (2024-04-17) | 31.76% |
1 year (2023-10-17) | 72.41% |
---|---|
2 years (2022-10-17) | 184.35% |
3 years (2021-10-14) | 89.43% |
5 years (2019-10-17) | 165.64% |
Is Meritage Corporation stock undervalued or overvalued?
Valuing Meritage Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meritage Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Meritage Corporation's P/E ratio
Meritage 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 9x. In other words, Meritage Corporation shares trade at around 9x 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 Corporation's PEG ratio
Meritage 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 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 Corporation's EBITDA
Meritage Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion.
The EBITDA is a measure of a Meritage Corporation's overall financial performance and is widely used to measure a its profitability.
Meritage Corporation financials
Revenue TTM | $6.5 billion |
---|---|
Operating margin TTM | 16.83% |
Gross profit TTM | $1.8 billion |
Return on assets TTM | 9.92% |
Return on equity TTM | 18.36% |
Profit margin | 12.98% |
Book value | $134.40 |
Market Capitalization | $7.2 billion |
TTM: trailing 12 months
Meritage Corporation share dividends
Dividend payout ratio: 11.08% of net profits
Recently Meritage Corporation has paid out, on average, around 11.08% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Meritage Corporation shareholders could enjoy a 1.52% return on their shares, in the form of dividend payments. In Meritage Corporation's case, that would currently equate to about $2.04 per share.
While Meritage Corporation's payout ratio might seem low, this can signify that Meritage Corporation is investing more in its future growth.
Meritage Corporation's most recent dividend payout was on 29 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 15 September 2024 (the "ex-dividend date").
Have Meritage Corporation's shares ever split?
Meritage 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 Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Meritage Corporation shares which in turn could have impacted Meritage Corporation's share price.
Meritage Corporation share price volatility
Over the last 12 months, Meritage Corporation's shares have ranged in value from as little as $107.6573 up to $213.98. 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 Corporation's is 1.806. This would suggest that Meritage 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 Corporation overview
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. .
Frequently asked questions
What percentage of Meritage Corporation is owned by insiders or institutions?Currently 2.074% of Meritage Corporation shares are held by insiders and 101.236% by institutions. How many people work for Meritage Corporation?
Latest data suggests 1,838 work at Meritage Corporation. When does the fiscal year end for Meritage Corporation?
Meritage Corporation's fiscal year ends in December. Where is Meritage Corporation based?
Meritage Corporation's address is: 18655 North Claret Drive, Scottsdale, AZ, United States, 85255 What is Meritage Corporation's ISIN number?
Meritage Corporation's international securities identification number is: US59001A1025 What is Meritage Corporation's CUSIP number?
Meritage Corporation's Committee on Uniform Securities Identification Procedures number is: 43740F101
More guides on Finder
-
Fundamental Analysis
Fundamental analysis of stocks can help you become a better investor and find the true value of stocks and other assets.
-
Best Stocks for Beginners With Little Money to Invest
These are the stocks to buy when you don’t have much to spend.
-
Today’s Best Brokerage Account Bonuses [Signup and Transfer Promos]
Explore the best bonuses for opening a new brokerage account.
-
5 best stock picking services of 2024
Compare the 5 best stock picking services, according to Finder’s analysis, and learn how to choose the best option for your needs.
-
eToro review 2024: Commission-free social trading and investing
eToro is a robust trading platform with an easy-to-use interface and no commissions on stocks and ETFs.
-
Titan Review 2024: Wealth Management With a No-Advisory-Fee Robo-Advisor
Titan invest is a members-only automated platform best for hands-off investors looking to build wealth.
-
Public.com Review [Date Format=”Y”]: No-Fee Options, With Rebates
A beginner-friendly investing platform with fractional shares and no commissions on stocks and ETFs.
-
How to invest in the S&P 500 in 2024
What you need to know about investing in the leading indicator for the overall US stock market.
-
Wealthfront review: Low-cost automated and DIY investing
Learn about Wealthfront’s automated investing tools and services to see if it’s the right platform for you.
-
How to trade options
Read our beginner’s guide to trading options in the US.
Ask a question