Meritage Homes Corporation (MTH): Price and Financial Metrics


Meritage Homes Corporation (MTH): $70.27

-1.16 (-1.62%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Homebuilders


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MTH POWR Grades

  • MTH scores best on the Sentiment dimension, with a Sentiment rank ahead of 90.97% of US stocks.
  • The strongest trend for MTH is in Quality, which has been heading down over the past 177 days.
  • MTH ranks lowest in Stability; there it ranks in the 30th percentile.

MTH Stock Summary

  • MERITAGE HOMES CORP's stock had its IPO on December 16, 1988, making it an older stock than 89.63% of US equities in our set.
  • MTH's current price/earnings ratio is 2.86, which is higher than just 5.31% of US stocks with positive earnings.
  • Of note is the ratio of MERITAGE HOMES CORP's sales and general administrative expense to its total operating expenses; 86.6% of US stocks have a lower such ratio.
  • Stocks that are quantitatively similar to MTH, based on their financial statements, market capitalization, and price volatility, are CCS, HWKN, AIR, SXT, and KBH.
  • Visit MTH's SEC page to see the company's official filings. To visit the company's web site, go to www.meritagehomes.com.

MTH Valuation Summary

  • In comparison to the median Consumer Cyclical stock, MTH's price/sales ratio is 37.5% lower, now standing at 0.5.
  • Over the past 243 months, MTH's price/earnings ratio has gone down 5.9.

Below are key valuation metrics over time for MTH.

Stock Date P/S P/B P/E EV/EBIT
MTH 2022-09-22 0.5 0.8 2.9 3.0
MTH 2022-09-21 0.5 0.8 3.0 3.0
MTH 2022-09-20 0.5 0.8 3.0 3.1
MTH 2022-09-19 0.5 0.8 3.1 3.1
MTH 2022-09-16 0.5 0.8 3.0 3.0
MTH 2022-09-15 0.5 0.8 2.9 3.0

MTH Growth Metrics

    The 2 year revenue growth rate now stands at 38.29%.
  • The 2 year net cashflow from operations growth rate now stands at -135.14%.
  • Its year over year cash and equivalents growth rate is now at -27.36%.
Over the past 52 months, MTH's revenue has gone up $2,160,194,000.

The table below shows MTH's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-06-30 5,484.854 -215.447 905.55
2022-03-31 5,350.394 -125.958 822.855
2021-12-31 5,147.326 -152.092 737.444
2021-09-30 5,058.391 -91.428 652.511
2021-06-30 4,936.386 149.443 560.877
2021-03-31 4,690.431 472.501 484.166

MTH's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MTH has a Quality Grade of C, ranking ahead of 42.61% of graded US stocks.
  • MTH's asset turnover comes in at 1.205 -- ranking 26th of 51 Construction stocks.
  • NVR, PWR, and STRL are the stocks whose asset turnover ratios are most correlated with MTH.

The table below shows MTH's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 1.205 0.261 0.182
2021-06-30 1.241 0.241 0.164
2021-03-31 1.240 0.227 0.148
2020-12-31 1.201 0.217 0.126
2020-09-30 1.164 0.207 0.107
2020-06-30 1.114 0.203 0.095

MTH Price Target

For more insight on analysts targets of MTH, see our MTH price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $131.71 Average Broker Recommendation 1.72 (Moderate Buy)

MTH Stock Price Chart Interactive Chart >

Price chart for MTH

MTH Price/Volume Stats

Current price $70.27 52-week high $125.01
Prev. close $71.43 52-week low $62.51
Day low $70.16 Volume 360,200
Day high $71.79 Avg. volume 396,990
50-day MA $80.67 Dividend yield N/A
200-day MA $87.96 Market Cap 2.57B

Meritage Homes Corporation (MTH) Company Bio


Meritage Homes Corporation designs and builds single-family detached homes in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee in the United States. The company was founded in 1985 and is based in Scottsdale, Arizona.


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Latest MTH News From Around the Web

Below are the latest news stories about MERITAGE HOMES CORP that investors may wish to consider to help them evaluate MTH as an investment opportunity.

Meritage Homes Releases Second Annual Environmental, Social and Governance Report

National homebuilder also publishes inaugural Task Force on Climate-Related Financial Disclosures ReportSCOTTSDALE, Ariz., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the seventh-largest public homebuilder in the U.S., today announced the release of its second annual Environmental, Social and Governance (ESG) report. The comprehensive review of 2021 covers the Company’s sustainability and governance practices, diversity, equity and inclusion (DE&I) efforts, and milestones achie

Yahoo | September 29, 2022

Should Value Investors Pick Meritage Homes (MTH) Stock?

Let's see if Meritage Homes (MTH) stock is a good choice for value-oriented investors right now from multiple angles.

Yahoo | September 28, 2022

Meritage Homes Third Quarter 2022 Earnings Conference Call and Webcast Scheduled for October 27, 2022

SCOTTSDALE, Ariz., Sept. 27, 2022 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, plans to release the Company's third quarter 2022 results on Wednesday, October 26, 2022 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Daylight Time (11:00 a.m. Eastern Daylight Time) on Thursday, October 27, 2022. The call will be webcast with an accompanying slideshow, both available on the "Investor Relations" p

Yahoo | September 27, 2022

Angier accelerates growth with more new homes approved

Angier continues to attract interest from homebuilders as growth spills over from neighboring Wake County.

Yahoo | September 22, 2022

Builder Confidence Still Below 50 in September: Will it Regain?

Poor builders' sentiment signals a housing downturn; elevated construction costs and an aggressive monetary policy are potential risks.

Yahoo | September 20, 2022

Read More 'MTH' Stories Here

MTH Price Returns

1-mo -9.21%
3-mo -8.96%
6-mo -13.72%
1-year -27.80%
3-year 0.46%
5-year 56.85%
YTD -42.43%
2021 47.38%
2020 35.53%
2019 66.42%
2018 -28.28%
2017 47.13%

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