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Meritage Homes Corporation (MTH)

(Real Time Quote from BATS)

$92.15 USD

92.15
172,079

+1.85 (2.05%)

Updated Nov 25, 2020 02:50 PM ET

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 Buy24.41%
2Buy17.88%
3Hold9.48%
4Sell5.03%
5Strong Sell1.87%
S&P50010.70%

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3-Hold of 5     3    

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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.

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A Value A Growth D Momentum A VGM

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 3% (8 out of 254)

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 ...

General Information

Meritage Homes Corporation

8800 EAST RAINTREE DRIVE SUITE 300

SCOTTSDALE, AZ 85260

Phone: 480-515-8100

Fax: 480-998-9162

Web: http://www.meritagehomes.com

Email: investors@meritagehomes.com

Industry Building Products - Home Builders
Sector Construction
Fiscal Year End December
Last Reported Quarter 9/30/2020
Next EPS Date 2/3/2021

EPS Information

Current Quarter EPS Consensus Estimate 3.36
Current Year EPS Consensus Estimate 10.40
Estimated Long-Term EPS Growth Rate 25.80
Next EPS Report Date 2/3/2021

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 90.30
52 Week High 117.06
52 Week Low 25.24
Beta 1.84
20 Day Moving Average 451,178.34
Target Price Consensus 129.80

MTH

% Price Change
4 Week -2.02
12 Week -10.42
YTD 47.77
% Price Change Relative to S&P 500
4 Week -8.61
12 Week -13.10
YTD 36.53
Share Information
Shares Outstanding (millions) 37.61
Market Capitalization (millions) 3,396.38
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
P/E (F1) 8.68
Trailing 12 Months 9.31
PEG Ratio 0.34
EPS Growth
vs. Previous Year 58.66%
vs. Previous Quarter 19.33%
   
Sales Growth
vs. Previous Year 21.49%
vs. Previous Quarter 10.64%
   
Price Ratios
Price/Book 1.54
Price/Cash Flow 12.46
Price / Sales 0.81
ROE
9/30/20 18.16
6/30/20 16.93
3/31/20 15.47
ROA
9/30/20 10.30
6/30/20 9.26
3/31/20 8.20
Current Ratio
9/30/20 1.65
6/30/20 1.42
3/31/20 2.30
Quick Ratio
9/30/20 1.65
6/30/20 1.42
3/31/20 2.30
Operating Margin
9/30/20 8.88
6/30/20 8.35
3/31/20 7.68
Net Margin
9/30/20 8.88
6/30/20 8.35
3/31/20 7.68
Pre-Tax Margin
9/30/20 10.64
6/30/20 10.10
3/31/20 9.29
Book Value
9/30/20 58.49
6/30/20 55.44
3/31/20 52.95
Inventory Turnover
9/30/20 NA
6/30/20 NA
3/31/20 NA
Debt-to-Equity
9/30/20 0.46
6/30/20 0.49
3/31/20 0.76
Debt to Capital
9/30/20 31.67
6/30/20 32.80
3/31/20 43.27