Meritage Homes Corp MTH
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Meritage Homes Third Quarter 2024 Earnings Conference Call and Webcast Scheduled for October 30, 2024
-
Operation Homefront Selects Two Military Families to Receive Mortgage-Free Meritage Homes in Austin and Charlotte
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Meritage Homes Releases Fourth Annual Environmental, Social, and Governance Report
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Meritage Homes Announces Quarterly Cash Dividend
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Home-builder stocks entice despite 'no sign of life' in mortgage applications
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James Hardie Building Products Inc. Announces Exclusive Product Deal with Meritage Homes
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Meritage Homes Certified By Great Place To Work® For Second Year In a Row
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Meritage Homes reports second quarter 2024 results
Trading Information
- Previous Close Price
- $200.45
- Day Range
- $200.22–204.07
- 52-Week Range
- $109.23–213.98
- Bid/Ask
- $190.00 / $207.69
- Market Cap
- $7.29 Bil
- Volume/Avg
- 236,987 / 417,228
Key Statistics
- Price/Earnings (Normalized)
- 8.82
- Price/Sales
- 1.15
- Dividend Yield (Trailing)
- 1.26%
- Dividend Yield (Forward)
- 1.49%
- Total Yield
- 2.70%
Company Profile
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, which are comprised of ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments; homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services and the financial services segment offer title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Stock Style Box
- Small Value
- Total Number of Employees
- 1,838
- Website
- https://www.meritagehomes.com
Comparables
Valuation
|
Metric
|
MTH
|
HOV
|
UHG
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.82 | 5.71 | 10.50 |
Price/Book Value | 1.49 | 2.14 | 11.58 |
Price/Sales | 1.15 | 0.48 | 0.94 |
Price/Cash Flow | 8.26 | 10.38 | 41.00 |
Price/Earnings
MTH
HOV
UHG
Financial Strength
|
Metric
|
MTH
|
HOV
|
UHG
|
|---|---|---|---|
Quick Ratio | 1.96 | 0.34 | 0.29 |
Current Ratio | 10.31 | 3.65 | 2.54 |
Interest Coverage | — | 9.74 | — |
Quick Ratio
MTH
HOV
UHG
Profitability
|
Metric
|
MTH
|
HOV
|
UHG
|
|---|---|---|---|
Return on Assets (Normalized) | 13.39% | 11.63% | 2.12% |
Return on Equity (Normalized) | 18.73% | 59.93% | — |
Return on Invested Capital (Normalized) | 14.98% | 18.39% | 4.73% |
Return on Assets
MTH
HOV
UHG
Residential Construction Industry Comparables
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United States