Meritage Homes Corporation (MTH)

$150.09

-0.05

(-0.03%)▲

Market is closed - opens 7 PM, 19 Apr 2024

Insights on Meritage Homes Corporation

  • Increasing Revenue

    Revenue is up for the last 4 quarters, 1.28B → 1.66B (in $), with an average increase of 7.9% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 221.76M → 198.85M (in $), with an average decrease of 10.3% per quarter

  • Vs TOL

    In the last 1 year, Toll Brothers Inc. has given 82.6% return, outperforming this stock by 64.4%

  • Vs PHM

    In the last 3 years, Pultegroup, Inc. has given 85.1% return, outperforming this stock by 33.1%

Performance

  • $149.75
    $154.50
    $150.09
    downward going graph

    0.23%

    Downside

    Day's Volatility :3.07%

    Upside

    2.85%

    downward going graph
  • $108.54
    $178.85
    $150.09
    downward going graph

    27.68%

    Downside

    52 Weeks Volatility :39.31%

    Upside

    16.08%

    downward going graph

Returns

PeriodMeritage Homes CorporationSector (Consumer Discretionary)Index (Russel 2000)
3 Months
-12.7%
-0.5%
0.0%
6 Months
33.35%
9.0%
0.0%
1 Year
18.25%
16.3%
-1.5%
3 Years
53.31%
-4.2%
-21.8%

Highlights

Market Capitalization
5.5B
Book Value
$126.61
Dividend Share
1.08
Dividend Yield
1.93%
Earnings Per Share (EPS)
19.92
PE Ratio
7.64
PEG Ratio
1.28
Wall Street Target Price
178.83
Profit Margin
12.03%
Operating Margin TTM
14.81%
Return On Assets TTM
9.3%
Return On Equity TTM
17.26%
Revenue TTM
6.1B
Revenue Per Share TTM
167.63
Quarterly Revenue Growth YOY
-16.900000000000002%
Gross Profit TTM
1.8B
EBITDA
927.7M
Diluted Eps TTM
19.92
Quarterly Earnings Growth YOY
-0.24
EPS Estimate Current Year
17.69
EPS Estimate Next Year
19.41
EPS Estimate Current Quarter
5.17
EPS Estimate Next Quarter
3.41

Analyst Recommendation

Buy
    60%Buy
    40%Hold
    0
    0%Sell
Based on 15 Wall street analysts offering stock ratings for Meritage Homes Corporation(by analysts ranked 0 to 5 stars)
Based on 15 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
9
9
9
Hold
6
6
7
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 19.15%

Current $150.09
Target $178.83

Company Financials

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
↑ 22.36%
Net Income
992.2M
↑ 34.54%
Net Profit Margin
15.75%
↑ 1.42%
FY23Y/Y Change
Revenue
6.1B
↓ 2.94%
Net Income
738.7M
↓ 25.54%
Net Profit Margin
12.08%
↓ 3.67%
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
↑ 26.17%
Net Income
262.4M
↓ 0.05%
Net Profit Margin
13.11%
↓ 3.44%
Q1 FY23Q/Q Change
Revenue
1.3B
↓ 35.76%
Net Income
131.3M
↓ 49.95%
Net Profit Margin
10.22%
↓ 2.89%
Q2 FY23Q/Q Change
Revenue
1.6B
↑ 21.98%
Net Income
186.8M
↑ 42.3%
Net Profit Margin
11.92%
↑ 1.7%
Q3 FY23Q/Q Change
Revenue
1.6B
↑ 3.44%
Net Income
221.8M
↑ 18.69%
Net Profit Margin
13.67%
↑ 1.75%
Q4 FY23Q/Q Change
Revenue
1.7B
↑ 2.54%
Net Income
198.9M
↓ 10.33%
Net Profit Margin
11.96%
↓ 1.71%
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%
FY23Y/Y Change
Total Assets
6.4B
↑ 10.07%
Total Liabilities
1.7B
↓ 4.46%
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%
Q2 FY23Q/Q Change
Total Assets
6.1B
↑ 3.31%
Total Liabilities
1.8B
↑ 0.74%
Q3 FY23Q/Q Change
Total Assets
6.2B
↑ 1.92%
Total Liabilities
1.8B
↓ 3.11%
Q4 FY23Q/Q Change
Total Assets
6.4B
↑ 2.77%
Total Liabilities
1.7B
↓ 1.11%
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%
FY22Y/Y Change
Operating Cash Flow
405.3M
↓ 366.46%
Investing Cash Flow
-32.3M
↑ 20.38%
Financing Cash Flow
-129.8M
↓ 351.34%
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%
Q4 FY22Q/Q Change
Operating Cash Flow
575.1M
↑ 1453.51%
Investing Cash Flow
-32.3M
↑ 387.34%
Financing Cash Flow
-5.5M
↑ 74.5%
Q1 FY23Q/Q Change
Operating Cash Flow
124.5M
↓ 78.36%
Investing Cash Flow
-8.7M
↓ 72.97%
Financing Cash Flow
-20.1M
↑ 265.23%
Q2 FY23Q/Q Change
Operating Cash Flow
231.4M
↑ 85.92%
Investing Cash Flow
-13.4M
↑ 53.67%
Financing Cash Flow
-12.0M
↓ 40.44%
Q3 FY23Q/Q Change
Operating Cash Flow
104.2M
↓ 54.97%
Investing Cash Flow
-34.7M
↑ 158.75%
Financing Cash Flow
-206.1M
↑ 1622.36%

Technicals Summary

Sell

Neutral

Buy

Meritage Homes Corporation is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Meritage Homes Corporation
Meritage Homes Corporation
-3.4%
33.35%
18.25%
53.31%
204.05%
Nvr, Inc.
Nvr, Inc.
0.51%
33.47%
31.56%
53.88%
148.69%
Dr Horton, Inc.
Dr Horton, Inc.
-3.81%
42.27%
42.63%
52.26%
213.96%
Pultegroup, Inc.
Pultegroup, Inc.
-3.66%
47.84%
69.6%
97.64%
249.29%
Lennar Corp.
Lennar Corp.
-3.02%
42.24%
39.02%
46.04%
187.05%
Toll Brothers Inc.
Toll Brothers Inc.
-5.15%
60.93%
82.61%
87.01%
189.19%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Meritage Homes Corporation
Meritage Homes Corporation
7.64
7.64
1.28
17.69
0.17
0.09
0.02
126.61
Nvr, Inc.
Nvr, Inc.
16.75
16.75
4.89
494.13
0.4
0.2
NA
1366.16
Dr Horton, Inc.
Dr Horton, Inc.
10.53
10.53
0.6
14.14
0.22
0.12
0.01
69.7
Pultegroup, Inc.
Pultegroup, Inc.
9.12
9.12
0.31
11.88
0.27
0.14
0.01
48.85
Lennar Corp.
Lennar Corp.
10.71
10.71
1.26
14.58
0.16
0.09
0.01
95.74
Toll Brothers Inc.
Toll Brothers Inc.
8.86
8.86
0.94
13.72
0.21
0.09
0.01
67.29
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Meritage Homes Corporation
Meritage Homes Corporation
Buy
$5.5B
204.05%
7.64
12.03%
Nvr, Inc.
Nvr, Inc.
Buy
$24.8B
148.69%
16.75
16.44%
Dr Horton, Inc.
Dr Horton, Inc.
Buy
$48.5B
213.96%
10.53
13.18%
Pultegroup, Inc.
Pultegroup, Inc.
Buy
$23.0B
249.29%
9.12
16.2%
Lennar Corp.
Lennar Corp.
Buy
$42.0B
187.05%
10.71
11.59%
Toll Brothers Inc.
Toll Brothers Inc.
Buy
$12.3B
189.19%
8.86
13.97%

Institutional Holdings

  • BlackRock Inc

    16.90%

  • Vanguard Group Inc

    11.40%

  • Dimensional Fund Advisors, Inc.

    4.64%

  • State Street Corporation

    3.80%

  • T. Rowe Price Investment Management,Inc.

    3.26%

  • Goldman Sachs Group Inc

    2.89%

Corporate Announcements

  • Meritage Homes Corporation Dividends March,2024

    In the quarter ending March,2024. Meritage Homes Corporation has declared dividend of $0.75

    Read More

Company Information

over 30 years, we've built 85,000+ homes, but more importantly we've created well more than 80,000 happy homeowners. our unmatched commitment to quality has helped us become the ninth largest homebuilder in the country. meritage homes has been included among the forbes' platinum 400 — best big companies of america, the fortune 1000 largest corporations of america, has been named texas builder of the year five times, and was voted as one of the best places to work in the valley by bestcompaniesaz, llc. meritage homes is known for its award-winning designs and for providing outstanding quality. meritage homes is committed to excellence and exceptional value to every home by being 100% energy star® certified. in fact, as a testament to our innovative culture, we were the first national homebuilder to be 100% energy star certified for every home we build. more than building the american dream and upholding our responsibility to help protect the environment, we give our homeowners what th

Organization
Meritage Homes Corporation
Employees
1838
CEO
Mr. Steven J. Hilton
Industry
New Single-Family Housing Construction (except For-Sale Builders)

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