MEY Stock Overview
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Meritage Homes Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$149.00 |
| 52 Week High | US$162.00 |
| 52 Week Low | US$103.00 |
| Beta | 1.76 |
| 1 Month Change | 5.67% |
| 3 Month Change | -4.49% |
| 1 Year Change | 33.04% |
| 3 Year Change | 83.95% |
| 5 Year Change | 248.25% |
| Change since IPO | 278.65% |
Recent News & Updates
Recent updates
Shareholder Returns
| MEY | DE Consumer Durables | DE Market | |
|---|---|---|---|
| 7D | -0.7% | 1.5% | -1.7% |
| 1Y | 33.0% | -12.9% | 1.4% |
Return vs Industry: MEY exceeded the German Consumer Durables industry which returned -12.9% over the past year.
Return vs Market: MEY exceeded the German Market which returned 1.4% over the past year.
Price Volatility
| MEY volatility | |
|---|---|
| MEY Average Weekly Movement | 5.1% |
| Consumer Durables Industry Average Movement | 4.6% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 9.8% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: MEY has not had significant price volatility in the past 3 months.
Volatility Over Time: MEY's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 1,838 | Phillippe Lord | www.meritagehomes.com |
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.
Meritage Homes Corporation Fundamentals Summary
| MEY fundamental statistics | |
|---|---|
| Market cap | €5.28b |
| Earnings (TTM) | €695.16m |
| Revenue (TTM) | €5.78b |
7.6x
P/E Ratio0.9x
P/S RatioIs MEY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEY income statement (TTM) | |
|---|---|
| Revenue | US$6.14b |
| Cost of Revenue | US$4.61b |
| Gross Profit | US$1.52b |
| Other Expenses | US$780.27m |
| Earnings | US$738.75m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 24, 2024
| Earnings per share (EPS) | 20.42 |
| Gross Margin | 24.75% |
| Net Profit Margin | 12.04% |
| Debt/Equity Ratio | 21.9% |
How did MEY perform over the long term?
See historical performance and comparison