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 $184.44 – an increase of 2.8% over the previous week. Meritage Corporation employs 1,838 staff and has a trailing 12-month revenue of around $6.4 billion.
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| Latest market close | $184.44 |
|---|---|
| 52-week range | $135.72 - $213.98 |
| 50-day moving average | $192.28 |
| 200-day moving average | $177.25 |
| Wall St. target price | $212.47 |
| PE ratio | 8.0401 |
| Dividend yield | $2.52 (1.69%) |
| Earnings per share (TTM) | $22.94 |
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.
Historical closes compared with the close of $177.68 from 2024-11-21
| 1 week (2024-11-15) | -0.96% |
|---|---|
| 1 month (2024-10-23) | -3.08% |
| 3 months (2024-08-23) | -13.72% |
| 6 months (2024-05-23) | 2.90% |
| 1 year (2023-11-22) | 25.10% |
|---|---|
| 2 years (2022-11-23) | 111.60% |
| 3 years (2021-11-23) | 52.96% |
| 5 years (2019-11-22) | 172.51% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Meritage Corporation shares trade at around 8x 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 "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 (earnings before interest, taxes, depreciation and amortisation) is $1 billion.
The EBITDA is a measure of a Meritage Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $6.4 billion |
|---|---|
| Operating margin TTM | 14.99% |
| Gross profit TTM | $1.8 billion |
| Return on assets TTM | 9.38% |
| Return on equity TTM | 17.19% |
| Profit margin | 12.63% |
| Book value | $139.02 |
| Market Capitalization | $6.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 11.41% of net profits
Recently Meritage Corporation has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Meritage Corporation's case, that would currently equate to about $2.52 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 16 December 2024 (the "ex-dividend date").
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.
Over the last 12 months, Meritage Corporation's shares have ranged in value from as little as $135.7174 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 1.822. 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 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. .
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