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Meritage Corporation (MTH)

(Delayed Data from NYSE)

$69.10 USD

69.10
376,827

+1.38 (2.04%)

Updated Nov 11, 2019 03:57 PM ET

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1-Strong Buy 1        

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
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.51%
17.57%
9.27%
4.95%
1.80%
10.51%

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B Value | A Growth | B Momentum | A VGM

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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

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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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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.

The company operates through two principal business segments: Homebuilding (which accounted for 99.5% of total third-quarter 2019 revenues) and Financial Services (0.5%).

The Homebuilding segment engages in acquiring and developing land, constructing homes, marketing and selling these constructed homes, and providing ...

General Information

Meritage 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 9/30/2019
Next EPS Date 1/29/2020

EPS Information

Current Quarter EPS Consensus Estimate 1.93
Current Year EPS Consensus Estimate 5.68
Estimated Long-Term EPS Growth Rate 8.50
Next EPS Report Date 1/29/2020

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 67.72
52 Week High 76.83
52 Week Low 33.57
Beta 1.00
20 Day Moving Average 530,640.63
Target Price Consensus 75.40

MTH

% Price Change
4 Week -4.08
12 Week 10.47
YTD 84.42
% Price Change Relative to S&P 500
4 Week -8.88
12 Week 1.71
YTD 49.21
Share Information
Shares Outstanding (millions) 38.30
Market Capitalization (millions) 2,593.61
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) 11.93
Trailing 12 Months 11.97
PEG Ratio 1.41
EPS Growth
vs. Previous Year 34.59%
vs. Previous Quarter 36.64%
   
Sales Growth
vs. Previous Year 6.36%
vs. Previous Quarter 8.82%
   
Price Ratios
Price/Book 1.38
Price/Cash Flow 10.64
Price / Sales 0.74
ROE
9/30/19 12.42
6/30/19 11.81
3/31/19 12.18
ROA
9/30/19 6.39
6/30/19 6.02
3/31/19 6.14
Current Ratio
9/30/19 1.30
6/30/19 1.48
3/31/19 1.32
Quick Ratio
9/30/19 1.30
6/30/19 1.48
3/31/19 1.32
Operating Margin
9/30/19 6.29
6/30/19 5.94
3/31/19 6.00
Net Margin
9/30/19 6.29
6/30/19 5.94
3/31/19 6.00
Pre-Tax Margin
9/30/19 8.07
6/30/19 7.59
3/31/19 7.67
Book Value
9/30/19 48.92
6/30/19 46.97
3/31/19 45.55
Inventory Turnover
9/30/19 NA
6/30/19 NA
3/31/19 NA
Debt-to-Equity
9/30/19 0.70
6/30/19 0.73
3/31/19 0.75
Debt to Capital
9/30/19 41.15
6/30/19 42.11
3/31/19 42.90