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After finishing at $67.87 in the prior trading day, Meritage Homes Corp (NYSE: MTH) closed at $66.52, down -1.99%. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 0.5 million shares were traded. MTH stock price reached its highest trading level at $67.9 during the session, while it also had its lowest trading level at $66.32.
Ratios:
Our goal is to gain a better understanding of MTH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 10.94. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on May 05, 2025, initiated with a Buy rating and assigned the stock a target price of $82.
On March 06, 2025, Seaport Research Partners Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $70.
JP Morgan Downgraded its Overweight to Neutral on December 13, 2024, whereas the target price for the stock was revised from $220 to $197.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’25 when Keough Joseph bought 5,000 shares for $69.28 per share. The transaction valued at 346,400 led to the insider holds 37,700 shares of the business.
Feliciano Javier sold 4,862 shares of MTH for $350,408 on Mar 03 ’25. The EVP Chief People Officer now owns 36,278 shares after completing the transaction at $72.07 per share. On Mar 03 ’25, another insider, Lord Phillippe, who serves as the Chief Executive Officer of the company, sold 36,167 shares for $71.30 each. As a result, the insider received 2,578,554 and left with 228,270 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTH now has a Market Capitalization of 4778151424 and an Enterprise Value of 5659369984. As of this moment, Meritage’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.74, and their Forward P/E ratio for the next fiscal year is 7.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 67.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.9 whereas that against EBITDA is 6.22.
Stock Price History:
The Beta on a monthly basis for MTH is 1.39, which has changed by -0.23794252 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, MTH has reached a high of $106.99, while it has fallen to a 52-week low of $59.27. The 50-Day Moving Average of the stock is -2.94%, while the 200-Day Moving Average is calculated to be -20.16%.
Shares Statistics:
The stock has traded on average 947.98K shares per day over the past 3-months and 787700 shares per day over the last 10 days, according to various share statistics. A total of 71.83M shares are outstanding, with a floating share count of 70.15M. Insiders hold about 2.34% of the company’s shares, while institutions hold 99.35% stake in the company. Shares short for MTH as of 1745971200 were 2578068 with a Short Ratio of 2.72, compared to 1743379200 on 2177959. Therefore, it implies a Short% of Shares Outstanding of 2578068 and a Short% of Float of 3.6700000000000004.
Dividends & Splits
In the trailing 12 months, MTH’s forward annual dividend rate was 1.555, compared to 1.55 this year. Against a Trailing Annual Dividend Yield of 0.022911446The current Payout Ratio is 13.99% for MTH, which recently paid a dividend on 2025-03-17 with an ex-dividend date of 1742169600. Stock splits for the company last occurred on 2025-01-03 when the company split stock in a 2:1 ratio.
Earnings Estimates
The stock of Meritage Homes Corp (MTH) is currently in the spotlight, with 10.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $2.21, with high estimates of $2.44 and low estimates of $1.8.
Analysts are recommending an EPS of between $8.64 and $7.8 for the fiscal current year, implying an average EPS of $8.31. EPS for the following year is $9.2, with 10.0 analysts recommending between $9.95 and $8.35.
Revenue Estimates
8 analysts predict $1.6B in revenue for the current quarter. It ranges from a high estimate of $1.66B to a low estimate of $1.55B. As of the current estimate, Meritage Homes Corp’s year-ago sales were $1.69BFor the next quarter, 8 analysts are estimating revenue of $1.74B. There is a high estimate of $1.83B for the next quarter, whereas the lowest estimate is $1.64B.
A total of 9 analysts have provided revenue estimates for MTH’s current fiscal year. The highest revenue estimate was $6.69B, while the lowest revenue estimate was $6.26B, resulting in an average revenue estimate of $6.55B. In the same quarter a year ago, actual revenue was $6.36BBased on 9 analysts’ estimates, the company’s revenue will be $7.05B in the next fiscal year. The high estimate is $7.3B and the low estimate is $6.81B.
