MTH Stock Overview
Designs and builds single-family attached and detached homes in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
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WA
Based on Analyst Price Targets
Aggressive Expansion And Narrow Market Focus Risk Eroding Future Profits
US$207.12
FV
5.0% undervalued intrinsic discount2.31%
Revenue growth p.a.
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5 days ago author updated this narrative
Meritage Homes Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$193.79 |
| 52 Week High | US$213.98 |
| 52 Week Low | US$109.23 |
| Beta | 1.81 |
| 11 Month Change | -4.80% |
| 3 Month Change | 1.71% |
| 1 Year Change | 69.49% |
| 33 Year Change | 86.32% |
| 5 Year Change | 159.08% |
| Change since IPO | 2,483.84% |
Recent News & Updates
Meritage Homes: Expect Value To Keep Building
Oct 13Returns At Meritage Homes (NYSE:MTH) Are On The Way Up
Oct 03
Why Investors Shouldn't Be Surprised By Meritage Homes Corporation's (NYSE:MTH) Low P/E
Sep 16Recent updates
Meritage 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 Corporation (NYSE:MTH) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 22Meritage Homes: Initiate Buy On Healthy Demand And Improved Productivity
Nov 27Meritage Homes: A Robust Recovery Is In The Making
Nov 10Is Meritage Homes (NYSE:MTH) A Risky Investment?
Nov 01An Intrinsic Calculation For Meritage Homes Corporation (NYSE:MTH) Suggests It's 38% Undervalued
Oct 16Is Now An Opportune Moment To Examine Meritage Homes Corporation (NYSE:MTH)?
Sep 11Meritage Homes: Rating Upgrade As Growth Expected To Accelerate
Sep 05Meritage Homes (NYSE:MTH) Could Become A Multi-Bagger
Jul 24Meritage Homes: Still Appealing Despite Signs Of Further Weakness Ahead
Jul 21These 4 Measures Indicate That Meritage Homes (NYSE:MTH) Is Using Debt Reasonably Well
Jul 10What Does Meritage Homes Corporation's (NYSE:MTH) Share Price Indicate?
Jun 12Is Now The Time To Put Meritage Homes (NYSE:MTH) On Your Watchlist?
May 29Party Time: Brokers Just Made Major Increases To Their Meritage Homes Corporation (NYSE:MTH) Earnings Forecasts
Apr 30Returns on Capital Paint A Bright Future For Meritage Homes (NYSE:MTH)
Apr 25Does Meritage Homes (NYSE:MTH) Have A Healthy Balance Sheet?
Apr 10Is Meritage Homes Corporation (NYSE:MTH) Potentially Undervalued?
Mar 13With EPS Growth And More, Meritage Homes (NYSE:MTH) Makes An Interesting Case
Feb 20Meritage Homes initiates quarterly dividend of $0.27
Feb 16Meritage Homes: Not Enough Upside Post The Recent Rally
Feb 10Meritage Homes GAAP EPS of $7.09 beats by $0.06, revenue of $1.99B beats by $10M
Feb 01Shareholder Returns
| MTH | US Consumer Durables | US Market | |
|---|---|---|---|
| 7D | -0.7% | -0.8% | 1.5% |
| 1Y | 69.5% | 60.2% | 33.1% |
Return vs Industry: MTH exceeded the US Consumer Durables industry which returned 60.2% over the past year.
Return vs Market: MTH exceeded the US Market which returned 33.1% over the past year.
Price Volatility
| MTH volatility | |
|---|---|
| MTH Average Weekly Movement | 5.4% |
| Consumer Durables Industry Average Movement | 6.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 14.8% |
| 10% least volatile stocks in US Market | 3.1% |
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$7.04b |
| Earnings (TTM) | US$838.18m |
| Revenue (TTM) | US$6.46b |
8.4x
P/E Ratio1.1x
P/S RatioIs MTH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MTH income statement (TTM) | |
|---|---|
| Revenue | US$6.46b |
| Cost of Revenue | US$4.77b |
| Gross Profit | US$1.68b |
| Other Expenses | US$841.03m |
| Earnings | US$838.18m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 29, 2024
| Earnings per share (EPS) | 23.07 |
| Gross Margin | 26.01% |
| Net Profit Margin | 12.98% |
| Debt/Equity Ratio | 26.9% |
How did MTH perform over the long term?
See historical performance and comparison