Joseph Keough - Meritage Independent Director

MTH Stock  USD 71.47  0.30  0.42%   

Director

Mr. Joseph Keough is Independent Director of the Company since 2019.
Age 51
Tenure 6 years
Professional MarksMBA
Address 18655 North Claret Drive, Scottsdale, AZ, United States, 85255
Phone480 515 8100
Webhttps://www.meritagehomes.com
Keough brings a 23year track record of strong business leadership, deep understanding of real estate and firsthand experience driving organizational transformation. He currently serves as chairman and chief executive officer of Wood Partners, one of the nation largest multifamily real estate companies. Since its founding in 1998, Wood Partners has acquired and developed more than 75, 000 multifamily homes with a combined capitalization of more than $13.1 billion nationwide. Before joining Wood Partners, Keough acted as chief operating officer of Fuqua Capital, the office for the Atlantabased Fuqua family. Keough had also been a senior vice president in the office and multifamily division of Cousins Properties, a publicly traded REIT, as well as a Principal at The Boston Consulting Group. Keough earned his MBA from Harvard Business School and received his BS degree in finance and economics from Babson College.

Meritage Management Efficiency

The company has Return on Asset of 0.0886 % which means that on every $100 spent on assets, it made $0.0886 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1612 %, implying that it generated $0.1612 on every 100 dollars invested. Meritage's management efficiency ratios could be used to measure how well Meritage manages its routine affairs as well as how well it operates its assets and liabilities. The Meritage's current Return On Tangible Assets is estimated to increase to 0.12. The Meritage's current Return On Capital Employed is estimated to increase to 0.20. As of now, Meritage's Other Assets are increasing as compared to previous years. The Meritage's current Total Current Assets is estimated to increase to about 1.4 B, while Intangible Assets are projected to decrease to under 23.1 M.
Meritage has 1.31 B in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. Meritage has a current ratio of 7.95, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Meritage to invest in growth at high rates of return.

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Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. Meritage Corp operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1773 people. Meritage (MTH) is traded on New York Stock Exchange in USA. It is located in 18655 North Claret Drive, Scottsdale, AZ, United States, 85255 and employs 1,898 people. Meritage is listed under Household Durables category by Fama And French industry classification.

Management Performance

Meritage Leadership Team

Elected by the shareholders, the Meritage's board of directors comprises two types of representatives: Meritage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Meritage. The board's role is to monitor Meritage's management team and ensure that shareholders' interests are well served. Meritage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Meritage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hilla Sferruzza, Chief Financial Officer, Executive Vice President, Chief Accounting Officer
Michael Odell, Independent Director
Peter Ax, Lead Independent Director
Alison Sasser, Corporate VP
Steven Hilton, Chairman of the Board, Chief Executive Officer
Phillippe Lord, Chief Operating Officer, Executive Vice President
Louis Caldera, Independent Director
Gerald Haddock, Independent Director
Steve Hahn, President Division
Clinton Szubinski, Executive COO
Elliot Mann, Southern President
Richard Harvey, Pres Operations
Emily Tadano, Vice Relations
Clint Szubinski, Chief Operating Officer, Executive Vice President, Secretary
Dana Bradford, Independent Director
Deborah Henretta, Independent Director
Raymond Oppel, Independent Director
Javier Feliciano, Chief Human Resource Officer, Executive Vice President
Christopher Ryan, Pres Division
Malissia Clinton, General VP
Hilla CPA, CFO VP
C White, Executive Vice President General Counsel, Secretary
Joseph Keough, Independent Director
P Mooney, Independent Director

Meritage Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Meritage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
1.5
Earnings Share
10.72
Revenue Per Share
88.237
Quarterly Revenue Growth
(0.02)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.