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NYSE: MTH
Meritage Homes Corp Stock

$193.87+3.85 (+2.03%)
Updated Jul 18, 2024
MTH Price
$193.87
Fair Value Price
N/A
Market Cap
$7.04B
52 Week Low
$109.23
52 Week High
$205.20
P/E
8.93x
P/B
1.49x
P/S
1.01x
PEG
2.9x
Dividend Yield
1.05%
Revenue
$6.33B
Earnings
$793.46M
Gross Margin
25.4%
Operating Margin
16.09%
Profit Margin
12.5%
Debt to Equity
0.38
Operating Cash Flow
$313M
Beta
1.39
Next Earnings
Jul 24, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MTH Overview

Meritage Homes Corporation is a homebuilder in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company also provides title insurance and closing/settlement services to its homebuyers. Meritage Homes was founded in 1985 and is headquartered in Scottsdale, AZ.

Zen Score

Industry Average (36)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MTH scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MTH ($193.87) is trading above its intrinsic value of $142.59, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MTH is good value based on its earnings relative to its share price (8.93x), compared to the US market average (29.86x)
P/E vs Market Valuation
MTH is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more MTH due diligence checks available for Premium users.

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MTH News

Valuation

MTH price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.93x
Industry
12.46x
Market
29.86x
MTH is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MTH is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MTH price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.49x
Industry
2.16x
MTH is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MTH price to earnings growth (PEG)

For valuing profitable companies with growth potential
MTH is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

MTH's financial health

Profit margin

Revenue
$1.5B
Net Income
$186.0M
Profit Margin
12.6%
MTH's Earnings (EBIT) of $1.02B... subscribe to Premium to read more.
Interest Coverage Financials
MTH's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.5B
Liabilities
$1.8B
Debt to equity
0.38
MTH's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MTH's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$81.9M
Investing
-$7.8M
Financing
-$90.1M
MTH's operating cash flow ($313.03M)... subscribe to Premium to read more.
Debt Coverage Financials

MTH vs Construction Stocks

TickerMarket Cap1d %P/EP/B
MTH$7.04B+2.03%8.93x1.49x
IBP$6.93B+0.97%27.44x10.20x
TMHC$6.84B+0.40%9.08x1.26x
KBH$6.01B-1.02%10.26x1.51x
SKY$4.37B-1.22%29.65x3.08x

Meritage Homes Stock FAQ

What is Meritage Homes's quote symbol?

(NYSE: MTH) Meritage Homes trades on the NYSE under the ticker symbol MTH. Meritage Homes stock quotes can also be displayed as NYSE: MTH.

If you're new to stock investing, here's how to buy Meritage Homes stock.

What is the 52 week high and low for Meritage Homes (NYSE: MTH)?

(NYSE: MTH) Meritage Homes's 52-week high was $205.20, and its 52-week low was $109.23. It is currently -5.52% from its 52-week high and 77.49% from its 52-week low.

How much is Meritage Homes stock worth today?

(NYSE: MTH) Meritage Homes currently has 36,319,014 outstanding shares. With Meritage Homes stock trading at $193.87 per share, the total value of Meritage Homes stock (market capitalization) is $7.04B.

Meritage Homes stock was originally listed at a price of $3.06 in Dec 31, 1997. If you had invested in Meritage Homes stock at $3.06, your return over the last 26 years would have been 6,231.48%, for an annualized return of 17.3% (not including any dividends or dividend reinvestments).

How much is Meritage Homes's stock price per share?

(NYSE: MTH) Meritage Homes stock price per share is $193.87 today (as of Jul 18, 2024).

What is Meritage Homes's Market Cap?

(NYSE: MTH) Meritage Homes's market cap is $7.04B, as of Jul 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Meritage Homes's market cap is calculated by multiplying MTH's current stock price of $193.87 by MTH's total outstanding shares of 36,319,014.
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