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Meritage Homes (MTH)

(Delayed Data from NYSE)

$119.58 USD


-1.07 (-0.89%)

Updated Dec 8, 2021 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy25.42%
5Strong Sell3.08%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 27% (68 out of 252)

Industry: Building Products - Home Builders

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Company Summary

Based in Scottsdale, AZ, Meritage Homes Corporation is one of the leading designers and builders of single-family homes.  The company primarily engages in building and selling single-family homes for entry-level, first-time, move-up, luxury and active adult buyers in historically high-growth regions of the United States.

On Dec 31, 1996, it acquired the homebuilding operations of its predecessor company through a merger. Since then, it have engaged in homebuilding and related activities and ceased to operate as a real estate investment trust. Meritage Homes operates as a holding company and has no independent assets or operations.<...

General Information

Meritage Homes Corporation



Phone: 480-515-8100

Fax: 480-998-9162



Industry Building Products - Home Builders
Sector Construction
Fiscal Year End December
Last Reported Quarter 9/30/2021
Next EPS Date 1/26/2022

EPS Information

Current Quarter EPS Consensus Estimate 6.09
Current Year EPS Consensus Estimate 19.18
Estimated Long-Term EPS Growth Rate NA
Next EPS Report Date 1/26/2022

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 120.65
52 Week High 123.28
52 Week Low 78.00
Beta 1.68
20 Day Moving Average 285,220.06
Target Price Consensus 140.17


% Price Change
4 Week 3.83
12 Week 17.60
YTD 45.68
% Price Change Relative to S&P 500
4 Week 3.80
12 Week 11.49
YTD 16.75
Share Information
Shares Outstanding (millions) 37.31
Market Capitalization (millions) 4,501.59
Short Ratio NA
Last Split Date 1/10/2005
Dividend Information
Dividend Yield 0.00%
Annual Dividend $0.00
Payout Ratio 0.00
Change in Payout Ratio 0.00
Last Dividend Payout / Amount NA / $0.00

Fundamental Ratios

P/E (F1) 6.29
Trailing 12 Months 7.09
PEG Ratio NA
EPS Growth
vs. Previous Year 84.86%
vs. Previous Quarter 20.41%
Sales Growth
vs. Previous Year 10.68%
vs. Previous Quarter -1.41%
Price Ratios
Price/Book 1.59
Price/Cash Flow 9.98
Price / Sales 0.89
9/30/21 25.40
6/30/21 23.24
3/31/21 21.26
9/30/21 15.55
6/30/21 14.10
3/31/21 12.80
Current Ratio
9/30/21 1.36
6/30/21 1.67
3/31/21 1.63
Quick Ratio
9/30/21 1.36
6/30/21 1.67
3/31/21 1.63
Operating Margin
9/30/21 12.91
6/30/21 11.38
3/31/21 10.35
Net Margin
9/30/21 12.91
6/30/21 11.38
3/31/21 10.35
Pre-Tax Margin
9/30/21 16.60
6/30/21 14.45
3/31/21 13.09
Book Value
9/30/21 75.72
6/30/21 69.81
3/31/21 65.44
Inventory Turnover
9/30/21 NA
6/30/21 NA
3/31/21 NA
9/30/21 0.41
6/30/21 0.44
3/31/21 0.41
Debt to Capital
9/30/21 29.13
6/30/21 30.65
3/31/21 29.18