Meritage Homes Corporation (MTH): Price and Financial Metrics


Meritage Homes Corporation (MTH): $104.11

0.33 (+0.32%)

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


  • Growth is the dimension where MTH ranks best; there it ranks ahead of 70.23% of US stocks.
  • The strongest trend for MTH is in Stability, which has been heading up over the past 52 weeks.
  • MTH ranks lowest in Momentum; there it ranks in the 21st percentile.

MTH Stock Summary

  • MTH's went public 32.87 years ago, making it older than 88.86% of listed US stocks we're tracking.
  • With a price/earnings ratio of 6.97, Meritage Homes CORP P/E ratio is greater than that of about just 10.53% of stocks in our set with positive earnings.
  • Of note is the ratio of Meritage Homes CORP's sales and general administrative expense to its total operating expenses; 86.36% 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, LCII, SMP, TPH, and DORM.
  • 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 5 year net cashflow from operations growth rate is now at 10849%.
  • Its 5 year cash and equivalents growth rate is now at 204.08%.
  • Its 2 year revenue growth rate is now at 16.38%.
Over the past 33 months, MTH's revenue has gone up $1,456,047,000.

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 48.68% of graded US stocks.
  • MTH's asset turnover comes in at 1.241 -- ranking 27th of 52 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 1.72 (Moderate Buy)

MTH Stock Price Chart Interactive Chart >

Price chart for MTH

MTH Price/Volume Stats

Current price $104.11 52-week high $120.19
Prev. close $103.78 52-week low $78.00
Day low $104.00 Volume 266,800
Day high $106.75 Avg. volume 400,157
50-day MA $104.68 Dividend yield N/A
200-day MA $97.62 Market Cap 3.92B

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.

NVR Gears Up to Report Q3 Earnings: What's in the Offing?

NVR's third-quarter 2021 earnings and revenues are likely to have increased, courtesy of strong housing market fundamentals.

Yahoo | October 15, 2021

Meritage Homes (MTH) Gains From LiVE.NOW Amid Supply Woes

Meritage Homes (MTH) is set to benefit from a focus on entry-level, first-time, and move-up buyers along with a positive housing industry.

Yahoo | October 12, 2021

Meritage Homes (NYSE:MTH) sheds 4.9% this week, as yearly returns fall more in line with earnings growth

Meritage Homes Corporation ( NYSE:MTH ) shareholders have seen the share price descend 11% over the month. But in stark...

Yahoo | October 5, 2021

3 Best Housing Stocks to Buy as Mortgage Rates Remain Below 3%

These housing stocks are cashing-in on the ongoing strength in the housing industry and are likely to end the year on a high

Muslim Farooque on InvestorPlace | October 4, 2021

Orion (ORN) Wins $200M Contract, Fortifies Marine Segment

Orion's (ORN) Marine segment is set to benefit from the contracts worth $200 million.

Yahoo | September 30, 2021

Read More 'MTH' Stories Here

MTH Price Returns

1-mo 3.70%
3-mo 8.09%
6-mo 8.80%
1-year 3.84%
3-year 217.80%
5-year 213.58%
YTD 25.71%
2020 35.53%
2019 66.42%
2018 -28.28%
2017 47.13%
2016 2.38%

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