Meritage Homes Corporation (MTH): Price and Financial Metrics


Meritage Homes Corporation (MTH): $85.77

1.17 (+1.38%)

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 Growth dimension, with a Growth rank ahead of 75.08% of US stocks.
  • MTH's strongest trending metric is Quality; it's been moving up over the last 179 days.
  • MTH's current lowest rank is in the Stability metric (where it is better than 23.8% of US stocks).

MTH Stock Summary

  • Meritage Homes CORP's stock had its IPO on December 16, 1988, making it an older stock than 88.99% of US equities in our set.
  • MTH's current price/earnings ratio is 4.26, which is higher than only 4.62% of US stocks with positive earnings.
  • MTH's price/sales ratio is 0.61; that's higher than the P/S ratio of merely 14.16% of US stocks.
  • Stocks that are quantitatively similar to MTH, based on their financial statements, market capitalization, and price volatility, are LCII, CCS, AIR, LAKE, and SMP.
  • MTH's SEC filings can be seen here. And to visit Meritage Homes CORP's official 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 5 year price growth rate is now at 52.97%.
  • Its 4 year price growth rate is now at 52.97%.
  • Its year over year cash and equivalents growth rate is now at -10.14%.
Over the past 15 months, MTH's revenue has gone up $915,738,000.

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
2021-12-31 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
2020-12-31 4,506.305 530.36 423.475
2020-09-30 4,231.588 552.542 374.562

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 $85.77 52-week high $125.01
Prev. close $84.60 52-week low $75.54
Day low $84.18 Volume 233,000
Day high $85.91 Avg. volume 432,671
50-day MA $82.63 Dividend yield N/A
200-day MA $100.45 Market Cap 3.15B

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 Announces Expansion To Salt Lake City, Utah

Marking its second new market entry in the last 12 months, the new division will focus on bringing affordable, energy-efficient homes to the regionSCOTTSDALE, Ariz., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH) (the “Company”), a leading U.S. homebuilder, today announced that it has expanded its business operations to Salt Lake City, UT. With the first three land acquisitions approved and more identified in the pipeline, the new division expects to start selling afford

Yahoo | February 24, 2022

U.S. tariffs on Canadian lumber essentially a ‘tax on the U.S. consumer,’ analyst says

Corton Capital Timber Analyst John Duncanson joins Yahoo Finance Live to discuss the spike in lumber prices and how it's affecting housing markets.

Yahoo | February 17, 2022

Meritage Homes: Cheaply Valued but Caution Required

The company has hardly been in better shape, but some risks are looming on the horizon

Yahoo | February 7, 2022

The U.S. Has a Housing Shortage -- Here's What Investors Need to Know

Housing inventories are at their lowest level in decades, and it's likely to take years before supply and demand balance out. In this Fool Live video clip, recorded on Jan. 21, Fool.com contributors Matt Frankel and Jason Hall discuss the housing problem in the U.S., and what investors need to know. Jason Hall: I want to show another chart that I think is the thing that is maybe the most underappreciated here.

Yahoo | February 5, 2022

Scottsdale homebuilder closes on land that will net 1,111 new homes in Maricopa

A Scottsdale homebuilder scooped up 300 acres in the rapidly growing city of Maricopa, a destination popular with several homebuilders looking to build a more affordable option than what's available in the nearby southeast Valley. Here's what's on the agenda.

Yahoo | February 4, 2022

Read More 'MTH' Stories Here

MTH Price Returns

1-mo 1.70%
3-mo -12.25%
6-mo -25.15%
1-year -20.34%
3-year 70.04%
5-year 112.57%
YTD -29.73%
2021 47.38%
2020 35.53%
2019 66.42%
2018 -28.28%
2017 47.13%

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