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Meritage Homes Corporation

Meritage Homes Corporation (MTH)

$118.13

+2.8

(+2.43%)▲

Market is closed - opens 7 PM, 02 Jun 2023

Insights on Meritage Homes Corporation

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 1.99B → 1.28B (in $), with an average decrease of 35.5% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 3 quarters, 262.48M → 131.30M (in $), with an average decrease of 25.0% per quarter

  • Vs TMHC

    In the last 1 year, Taylor Morrison Home Corp. has given 48.1% return, outperforming this stock by 9.9%

  • Vs TMHC

    In the last 3 years, Taylor Morrison Home Corp. has given 117.4% return, outperforming this stock by 53.9%

Performance

  • $116.28
    $118.55
    $118.13
    downward going graph

    1.57%

    Downside

    Day's Volatility :1.91%

    Upside

    0.35%

    downward going graph
  • $62.35
    $130.68
    $118.13
    downward going graph

    47.22%

    Downside

    52 Weeks Volatility :52.29%

    Upside

    9.6%

    downward going graph

Returns

PeriodMeritage Homes CorporationSector (Consumer Discretionary)Index (Russel 2000)
3 Months
10.08%
7.1%
-7.0%
6 Months
36.33%
5.1%
-6.5%
1 Year
38.24%
-2.7%
-6.8%
3 Years
63.48%
21.3%
24.7%

Highlights

Market Capitalization
4.2B
Book Value
$110.63
Dividend Share
0.27
Dividend Yield
0.91%
Earnings Per Share (EPS)
24.76
PE Ratio
4.66
PEG Ratio
1.28
Wall Street Target Price
145.0
Profit Margin
14.42%
Operating Margin TTM
18.41%
Return On Assets TTM
13.23%
Return On Equity TTM
25.05%
Revenue TTM
6.3B
Revenue Per Share TTM
171.69
Quarterly Revenue Growth YOY
-0.5%
Gross Profit TTM
1.8B
EBITDA
1.2B
Diluted Eps TTM
24.76
Quarterly Earnings Growth YOY
-0.39
EPS Estimate Current Year
15.08
EPS Estimate Next Year
16.01
EPS Estimate Current Quarter
2.64
EPS Estimate Next Quarter
2.8

Analyst Recommendation

Buy
    57%Buy
    42%Hold
    0
    0%Sell
Based on 14 Wall street analysts offering stock ratings for Meritage Homes Corporation(by analysts ranked 0 to 5 stars)
Based on 14 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
8
8
8
Hold
6
5
6
Sell
00
1
1

Analyst Forecast

What analysts predicted

Upside of 22.75%

Current $118.13
Target $145.00

Company Financials

FY17Y/Y Change
Revenue
3.3B
↑ 6.48%
Net Income
143.3M
↓ 4.2%
Net Profit Margin
4.4%
↓ 0.49%
FY18Y/Y Change
Revenue
3.5B
↑ 8.88%
Net Income
227.3M
↑ 58.69%
Net Profit Margin
6.41%
↑ 2.01%
FY19Y/Y Change
Revenue
3.7B
↑ 3.78%
Net Income
249.7M
↑ 9.82%
Net Profit Margin
6.79%
↑ 0.38%
FY20Y/Y Change
Revenue
4.5B
↑ 22.53%
Net Income
423.5M
↑ 69.62%
Net Profit Margin
9.4%
↑ 2.61%
FY21Y/Y Change
Revenue
5.1B
↑ 14.22%
Net Income
737.4M
↑ 74.14%
Net Profit Margin
14.33%
↑ 4.93%
FY22Y/Y Change
Revenue
6.3B
↑ 21.79%
Net Income
992.2M
↑ 34.54%
Net Profit Margin
15.83%
↑ 1.5%
Q4 FY21Q/Q Change
Revenue
1.5B
↑ 18.96%
Net Income
237.5M
↑ 18.29%
Net Profit Margin
15.76%
↓ 0.09%
Q1 FY22Q/Q Change
Revenue
1.3B
↓ 14.19%
Net Income
217.3M
↓ 8.51%
Net Profit Margin
16.81%
↑ 1.05%
Q2 FY22Q/Q Change
Revenue
1.4B
↑ 9.77%
Net Income
250.1M
↑ 15.11%
Net Profit Margin
17.62%
↑ 0.81%
Q3 FY22Q/Q Change
Revenue
1.6B
↑ 11.74%
Net Income
262.5M
↑ 4.96%
Net Profit Margin
16.55%
↓ 1.07%
Q4 FY22Q/Q Change
Revenue
2.0B
↑ 25.59%
Net Income
262.4M
↓ 0.05%
Net Profit Margin
13.17%
↓ 3.38%
Q1 FY23Q/Q Change
Revenue
1.3B
↓ 35.46%
Net Income
131.3M
↓ 49.95%
Net Profit Margin
10.22%
↓ 2.95%
FY17Y/Y Change
Total Assets
3.3B
↑ 12.55%
Total Liabilities
1.7B
↑ 14.12%
FY18Y/Y Change
Total Assets
3.4B
↑ 3.51%
Total Liabilities
1.6B
↓ 1.77%
FY19Y/Y Change
Total Assets
3.4B
↑ 0.97%
Total Liabilities
1.4B
↓ 13.4%
FY20Y/Y Change
Total Assets
3.9B
↑ 13.72%
Total Liabilities
1.5B
↑ 6.48%
FY21Y/Y Change
Total Assets
4.8B
↑ 24.41%
Total Liabilities
1.8B
↑ 16.26%
FY22Y/Y Change
Total Assets
5.8B
↑ 20.06%
Total Liabilities
1.8B
↑ 3.37%
Q4 FY21Q/Q Change
Total Assets
4.8B
↑ 5.3%
Total Liabilities
1.8B
↑ 1.32%
Q1 FY22Q/Q Change
Total Assets
5.1B
↑ 5.21%
Total Liabilities
1.9B
↑ 7.19%
Q2 FY22Q/Q Change
Total Assets
5.3B
↑ 4.93%
Total Liabilities
1.9B
↑ 0.29%
Q3 FY22Q/Q Change
Total Assets
5.6B
↑ 4.96%
Total Liabilities
1.9B
↓ 0.32%
Q4 FY22Q/Q Change
Total Assets
5.8B
↑ 3.61%
Total Liabilities
1.8B
↓ 3.54%
Q1 FY23Q/Q Change
Total Assets
5.9B
↑ 1.72%
Total Liabilities
1.8B
↓ 1.02%
FY17Y/Y Change
Operating Cash Flow
-87.1M
↓ 15.73%
Investing Cash Flow
-17.1M
↓ 15.09%
Financing Cash Flow
143.2M
↓ 2146.98%
FY18Y/Y Change
Operating Cash Flow
262.2M
↓ 400.92%
Investing Cash Flow
-33.5M
↑ 96.39%
Financing Cash Flow
-88.0M
↓ 161.4%
FY19Y/Y Change
Operating Cash Flow
346.8M
↑ 32.27%
Investing Cash Flow
-13.5M
↓ 59.77%
Financing Cash Flow
-325.3M
↑ 269.89%
FY20Y/Y Change
Operating Cash Flow
530.4M
↑ 52.92%
Investing Cash Flow
-18.2M
↑ 35.18%
Financing Cash Flow
-86.0M
↓ 73.57%
FY21Y/Y Change
Operating Cash Flow
-152.1M
↓ 128.68%
Investing Cash Flow
-26.8M
↑ 47.09%
Financing Cash Flow
51.6M
↓ 160.05%
Q4 FY21Q/Q Change
Operating Cash Flow
96.6M
↓ 191.81%
Investing Cash Flow
-9.3M
↑ 36.41%
Financing Cash Flow
-31.3M
↑ 211.9%
Q1 FY22Q/Q Change
Operating Cash Flow
12.2M
↓ 87.38%
Investing Cash Flow
-6.2M
↓ 32.95%
Financing Cash Flow
-103.9M
↑ 232.36%
Q2 FY22Q/Q Change
Operating Cash Flow
-219.0M
↓ 1896.97%
Investing Cash Flow
-12.0M
↑ 92.36%
Financing Cash Flow
-17.2M
↓ 83.42%
Q3 FY22Q/Q Change
Operating Cash Flow
37.0M
↓ 116.9%
Investing Cash Flow
-6.6M
↓ 44.85%
Financing Cash Flow
-3.2M
↓ 81.69%

Technicals Summary

Sell

Neutral

Buy

Meritage Homes Corporation is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Meritage Homes Corporation
Meritage Homes Corporation
-6.54%
36.33%
38.24%
63.48%
157.36%
Taylor Morrison Home Corp
Taylor Morrison Home Corp
2.27%
40.03%
48.12%
117.4%
178.79%
DR Horton, Inc.
DR Horton, Inc.
-0.09%
25.66%
42.21%
96.52%
157.73%
PulteGroup, Inc.
PulteGroup, Inc.
2.33%
50.93%
47.88%
93.67%
121.6%
Lennar Corp.
Lennar Corp.
-4.33%
22.47%
34.92%
79.6%
107.68%
Toll Brothers Inc.
Toll Brothers Inc.
9.15%
43.45%
35.66%
109.58%
73.4%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Meritage Homes Corporation
Meritage Homes Corporation
4.66
4.66
1.28
15.08
0.25
0.13
0.01
110.63
Taylor Morrison Home Corp
Taylor Morrison Home Corp
4.52
4.52
1.51
6.75
0.24
0.11
0.0
44.3
DR Horton, Inc.
DR Horton, Inc.
7.21
7.21
1.85
11.1
0.27
0.15
0.01
60.73
PulteGroup, Inc.
PulteGroup, Inc.
5.84
5.84
2.5
9.33
0.32
0.16
0.01
41.45
Lennar Corp.
Lennar Corp.
6.66
6.66
9.08
9.99
0.21
0.12
0.01
84.38
Toll Brothers Inc.
Toll Brothers Inc.
5.47
5.47
2.59
10.52
0.24
0.09
0.01
57.73
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Meritage Homes Corporation
Meritage Homes Corporation
Buy
$4.2B
157.36%
4.66
14.42%
Taylor Morrison Home Corp
Taylor Morrison Home Corp
Buy
$4.6B
178.79%
4.52
13.04%
DR Horton, Inc.
DR Horton, Inc.
Buy
$36.4B
157.73%
7.21
15.39%
PulteGroup, Inc.
PulteGroup, Inc.
Buy
$15.0B
121.6%
5.84
16.18%
Lennar Corp.
Lennar Corp.
Buy
$30.6B
107.68%
6.66
13.86%
Toll Brothers Inc.
Toll Brothers Inc.
Buy
$7.5B
73.4%
5.47
13.59%

Institutional Holdings

  • BlackRock Inc

    16.98%

  • Vanguard Group Inc

    11.18%

  • Dimensional Fund Advisors, Inc.

    4.61%

  • Earnest Partners LLC

    3.97%

  • State Street Corporation

    3.88%

  • T. Rowe Price Investment Management,Inc.

    3.66%

Corporate Announcements

  • Meritage Homes Corporation Dividends September,2023

    In the quarter ending September,2023. Meritage Homes Corporation has declared dividend of $0.27

    Read More

Company Information

Meritage Homes is the sixth-largest public homebuilder in the United States, based on homes closed in 2020. Meritage offers a variety of homes that are designed with a focus on first-time and first move-up buyers in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee.

Organization
Meritage Homes Corporation
Employees
1921
CEO
Mr. Steven J. Hilton
Industry
New Single-Family Housing Construction (except For-Sale Builders)

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