Meritage Homes Corporation (MTH): Price and Financial Metrics


Meritage Homes Corporation (MTH): $100.74

0.34 (+0.34%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Homebuilders


Ranked

of 24

in industry

MTH POWR Grades


  • Value is the dimension where MTH ranks best; there it ranks ahead of 72.35% of US stocks.
  • The strongest trend for MTH is in Stability, which has been heading up over the past 48 weeks.
  • MTH's current lowest rank is in the Momentum metric (where it is better than 33.78% of US stocks).

MTH Stock Summary

  • Meritage Homes CORP's stock had its IPO on December 16, 1988, making it an older stock than 88.81% of US equities in our set.
  • MTH's current price/earnings ratio is 6.74, which is higher than just 10.28% 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; 86.28% of US stocks have a lower such ratio.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Meritage Homes CORP are CCS, LCII, SMP, HELE, and TPH.
  • 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

  • MTH's EV/EBIT ratio is 6.6; this is 60.48% lower than that of the median Consumer Cyclical stock.
  • MTH's price/earnings ratio has moved up 1.4 over the prior 243 months.
  • Over the past 243 months, MTH's price/sales ratio has gone up 0.5.

Below are key valuation metrics over time for MTH.

Stock Date P/S P/B P/E EV/EBIT
MTH 2021-08-27 0.9 1.6 7.5 6.6
MTH 2021-08-26 0.8 1.6 7.4 6.5
MTH 2021-08-25 0.9 1.6 7.5 6.6
MTH 2021-08-24 0.8 1.6 7.5 6.5
MTH 2021-08-23 0.8 1.6 7.3 6.4
MTH 2021-08-20 0.8 1.6 7.3 6.4

MTH Growth Metrics

  • Its 2 year revenue growth rate is now at 16.38%.
  • Its year over year net cashflow from operations growth rate is now at 31.81%.
  • The year over year price growth rate now stands at 104.79%.
Over the past 15 months, MTH's revenue has gone up $1,067,308,000.

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
2021-06-30 4,936.386 149.443 560.877
2021-03-31 4,690.431 472.501 484.166
2020-12-31 4,506.305 530.36 423.475
2020-09-30 4,231.588 552.542 374.562
2020-06-30 4,035.343 470.916 335.253
2020-03-31 3,869.078 358.479 295.403

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 41.8% of graded US stocks.
  • MTH's asset turnover comes in at 1.241 -- ranking 27th of 53 Construction stocks.
  • MHO, LMB, and NVR 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
2021-06-30 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
2020-03-31 1.074 0.196 0.082

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 1.78 (Moderate Buy)

MTH Stock Price Chart Interactive Chart >

Price chart for MTH

MTH Price/Volume Stats

Current price $100.74 52-week high $120.19
Prev. close $100.40 52-week low $78.00
Day low $98.35 Volume 207,500
Day high $101.47 Avg. volume 416,023
50-day MA $105.37 Dividend yield N/A
200-day MA $96.09 Market Cap 3.79B

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.

KB Home (KBH) Q3 Earnings Beat, Revenues Miss on Supply Woes

KB Home (KBH) posts better-than-expected fiscal Q3 earnings on strong housing market demand and increased pricing.

Yahoo | September 23, 2021

August Starts, Permits Rise: 7 Construction Stocks to Bet on

Historically low mortgage rates and declining lumber prices in the construction sector are helping the housing as well as related industries to regain momentum.

Yahoo | September 22, 2021

Existing home sales fall in August

Existing home sales fell 2% to a seasonally adjusted 5.88 million units in August from a month earlier, according to the National Association of Realtors (NAR). July sales were revised slightly upward to 6 million units.

Yahoo | September 22, 2021

4 Stocks to Buy on a Booming Homebuilding Market

The housing market is still going strong, which makes for the right opportunity to invest in stocks like Meritage Homes (MTH), MI Homes (MHO), TRI Pointe (TPH), and Century Communities (CCS).

Yahoo | September 22, 2021

The Zacks Analyst Blog Highlights: M/I Homes, Meritage Homes, Century Communities and Tri Pointe Homes

The Zacks Analyst Blog Highlights: M/I Homes, Meritage Homes, Century Communities and Tri Pointe Homes

Yahoo | September 22, 2021

Read More 'MTH' Stories Here

MTH Price Returns

1-mo -8.14%
3-mo 9.69%
6-mo 12.11%
1-year -1.24%
3-year 143.63%
5-year 196.91%
YTD 21.64%
2020 35.53%
2019 66.42%
2018 -28.28%
2017 47.13%
2016 2.38%

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