MTH Stock Overview
Designs and builds single-family attached and detached homes in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Meritage Homes Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$73.93 |
| 52 Week High | US$106.99 |
| 52 Week Low | US$73.05 |
| Beta | 1.87 |
| 1 Month Change | -17.86% |
| 3 Month Change | -23.70% |
| 1 Year Change | -14.00% |
| 3 Year Change | 28.25% |
| 5 Year Change | 124.23% |
| Change since IPO | 1,871.45% |
Recent News & Updates
There Is A Reason Meritage Homes Corporation's (NYSE:MTH) Price Is Undemanding
Dec 18
Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
Dec 14Are Meritage Homes Corporation (NYSE:MTH) Investors Paying Above The Intrinsic Value?
Dec 05Recent updates
There Is A Reason Meritage Homes Corporation's (NYSE:MTH) Price Is Undemanding
Dec 18Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
Dec 14Are Meritage Homes Corporation (NYSE:MTH) Investors Paying Above The Intrinsic Value?
Dec 05Meritage Homes (NYSE:MTH) Strong Profits May Be Masking Some Underlying Issues
Nov 07Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Nov 04Is Now An Opportune Moment To Examine Meritage Homes Corporation (NYSE:MTH)?
Oct 18Meritage Homes: Expect Value To Keep Building
Oct 13Returns At Meritage Homes (NYSE:MTH) Are On The Way Up
Oct 03Why Investors Shouldn't Be Surprised By Meritage Homes Corporation's (NYSE:MTH) Low P/E
Sep 16Meritage Homes Corporation: Staying Buy Rated As Demand Outlook Remains Positive
Jul 30Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Jul 27Is It Too Late To Consider Buying Meritage Homes Corporation (NYSE:MTH)?
Jul 11An Intrinsic Calculation For Meritage Homes Corporation (NYSE:MTH) Suggests It's 35% Undervalued
Jun 06Lacklustre Performance Is Driving Meritage Homes Corporation's (NYSE:MTH) Low P/E
May 23We Think Shareholders Will Probably Be Generous With Meritage Homes Corporation's (NYSE:MTH) CEO Compensation
May 10Meritage Homes Corporation: Reiterate Buy Rating On Strong Demand Profile
May 07Meritage Homes: An Upgrade Heading Into Earnings On Strong Orders
Apr 21Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Mar 31Is There Now An Opportunity In Meritage Homes Corporation (NYSE:MTH)?
Mar 03Calculating The Fair Value Of Meritage Homes Corporation (NYSE:MTH)
Feb 16Meritage Homes: Amazing Orders Growth With Good Visibility Ahead
Feb 08Investors Will Want Meritage Homes' (NYSE:MTH) Growth In ROCE To Persist
Jan 23Meritage Homes: Initiate Buy On Healthy Demand And Improved Productivity
Nov 27Meritage Homes: A Robust Recovery Is In The Making
Nov 10Meritage Homes: Rating Upgrade As Growth Expected To Accelerate
Sep 05Meritage Homes: Still Appealing Despite Signs Of Further Weakness Ahead
Jul 21Shareholder Returns
| MTH | US Consumer Durables | US Market | |
|---|---|---|---|
| 7D | -2.4% | -1.6% | -2.1% |
| 1Y | -14.0% | 3.9% | 21.3% |
Return vs Industry: MTH underperformed the US Consumer Durables industry which returned 5.8% over the past year.
Return vs Market: MTH underperformed the US Market which returned 23.2% over the past year.
Price Volatility
| MTH volatility | |
|---|---|
| MTH Average Weekly Movement | 4.9% |
| Consumer Durables Industry Average Movement | 6.6% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: MTH has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MTH'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
| MTH fundamental statistics | |
|---|---|
| Market cap | US$5.52b |
| Earnings (TTM) | US$812.39m |
| Revenue (TTM) | US$6.43b |
6.6x
P/E Ratio0.8x
P/S RatioIs MTH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MTH income statement (TTM) | |
|---|---|
| Revenue | US$6.43b |
| Cost of Revenue | US$4.78b |
| Gross Profit | US$1.64b |
| Other Expenses | US$827.65m |
| Earnings | US$812.39m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 29, 2025
| Earnings per share (EPS) | 11.23 |
| Gross Margin | 25.49% |
| Net Profit Margin | 12.63% |
| Debt/Equity Ratio | 26.1% |
How did MTH perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield11%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 04:48 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Meritage Homes Corporation is covered by 30 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Stephen Kim | Barclays |
| John Lovallo | BofA Global Research |