Meritage Net Worth
Meritage Net Worth Breakdown | MTH |
Meritage Net Worth Analysis
Meritage's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Meritage's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Meritage's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Meritage's net worth analysis. One common approach is to calculate Meritage's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Meritage's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Meritage's net worth. This approach calculates the present value of Meritage's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Meritage's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Meritage's net worth. This involves comparing Meritage's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Meritage's net worth relative to its peers.
Enterprise Value |
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To determine if Meritage is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Meritage's net worth research are outlined below:
| Meritage generated a negative expected return over the last 90 days | |
| Meritage is unlikely to experience financial distress in the next 2 years | |
| Meritage has about 861.56 M in cash with (227.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.19. | |
| Meritage has a frail financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Meritage Homes Director Joseph Keough Acquires 5,000 Shares - TradingView |
Meritage uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Meritage. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Meritage's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Meritage Target Price Consensus
Meritage target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Meritage's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 11 | Buy |
Most Meritage analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Meritage stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Meritage, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMeritage Target Price Projection
Meritage's current and average target prices are 70.42 and 103.78, respectively. The current price of Meritage is the price at which Meritage is currently trading. On the other hand, Meritage's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Meritage Target Price
Know Meritage's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Meritage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Meritage backward and forwards among themselves. Meritage's institutional investor refers to the entity that pools money to purchase Meritage's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2024-12-31 | 661.1 K | First Trust Advisors L.p. | 2024-12-31 | 571.1 K | T. Rowe Price Investment Management,inc. | 2024-12-31 | 524.3 K | Groupama Asset Management | 2024-12-31 | 500 K | Charles Schwab Investment Management Inc | 2024-12-31 | 486.2 K | Macquarie Group Ltd | 2024-12-31 | 481.2 K | Northern Trust Corp | 2024-12-31 | 475.7 K | Jacobs Levy Equity Management, Inc. | 2024-12-31 | 418.9 K | Bank Of New York Mellon Corp | 2024-12-31 | 405.9 K | Blackrock Inc | 2024-12-31 | 6.1 M | Vanguard Group Inc | 2024-12-31 | 4.1 M |
Follow Meritage's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.05 B.Market Cap |
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Project Meritage's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.19 | 0.20 | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.15 | 0.16 |
When accessing Meritage's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Meritage's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Meritage's profitability and make more informed investment decisions.
Evaluate Meritage's management efficiency
Meritage 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 70.94 | 74.49 | |
| Tangible Book Value Per Share | 68.14 | 71.55 | |
| Enterprise Value Over EBITDA | 6.05 | 8.14 | |
| Price Book Value Ratio | 1.08 | 1.14 | |
| Enterprise Value Multiple | 6.05 | 8.14 | |
| Price Fair Value | 1.08 | 1.14 | |
| Enterprise Value | 1.7 B | 1.7 B |
Understanding the operational decisions made by Meritage management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 0.9063 | Revenue | Quarterly Revenue Growth (0.02) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Meritage insiders, such as employees or executives, is commonly permitted as long as it does not rely on Meritage's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Meritage insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Alison Sasser over two weeks ago Acquisition by Alison Sasser of 2866 shares of Meritage subject to Rule 16b-3 | ||
Steven Hilton over a month ago Disposition of 11000 shares by Steven Hilton of Meritage at 74.51 subject to Rule 16b-3 | ||
Phillippe Lord over two months ago Disposition of 00 shares by Phillippe Lord of Meritage at 126.03 subject to Rule 16b-3 | ||
Steven Hilton over two months ago Disposition of 20000 shares by Steven Hilton of Meritage subject to Rule 16b-3 | ||
Lantz Erin N over three months ago Acquisition by Lantz Erin N of 375 shares of Meritage subject to Rule 16b-3 | ||
Lantz Erin N over three months ago Insider Trading | ||
Phillippe Lord over six months ago Disposition of 2500 shares by Phillippe Lord of Meritage subject to Rule 16b-3 | ||
Alison Sasser over a year ago Disposition of tradable shares by Alison Sasser of Meritage at 151.91 subject to Rule 16b-3 | ||
C White over a year ago Sale by C White of 6812 shares of Meritage |
Meritage Corporate Filings
F4 | 14th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 3rd of March 2025 Prospectus used primarily for registering securities for public sale. | ViewVerify | |
| 27th of February 2025 Other Reports | ViewVerify |
Meritage Earnings Estimation Breakdown
The calculation of Meritage's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Meritage is estimated to be 1.7244 with the future projection ranging from a low of 1.63 to a high of 1.82. Please be aware that this consensus of annual earnings estimates for Meritage is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.63 Lowest | Expected EPS | 1.82 Highest |
Meritage Earnings Projection Consensus
Suppose the current estimates of Meritage's value are higher than the current market price of the Meritage stock. In this case, investors may conclude that Meritage is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Meritage's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 11 | 85.99% | 4.72 | 1.7244 | 10.72 |
Meritage Earnings per Share Projection vs Actual
Actual Earning per Share of Meritage refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Meritage predict the company's earnings will be in the future. The higher the earnings per share of Meritage, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Meritage Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Meritage, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Meritage should always be considered in relation to other companies to make a more educated investment decision.Meritage Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Meritage's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-29 | 2024-12-31 | 4.68 | 4.72 | 0.04 | 0 | ||
2024-10-29 | 2024-09-30 | 4.96 | 5.34 | 0.38 | 7 | ||
2024-07-24 | 2024-06-30 | 5.18 | 6.31 | 1.13 | 21 | ||
2024-04-24 | 2024-03-31 | 3.52 | 5.06 | 1.54 | 43 | ||
2024-01-31 | 2023-12-31 | 5.17 | 5.38 | 0.21 | 4 | ||
2023-10-31 | 2023-09-30 | 5.14 | 6.0 | 0.86 | 16 | ||
2023-07-27 | 2023-06-30 | 3.49 | 5.02 | 1.53 | 43 | ||
2023-04-26 | 2023-03-31 | 2.64 | 3.54 | 0.9 | 34 | ||
2023-02-01 | 2022-12-31 | 7 | 7.09 | 0.09 | 1 | ||
2022-10-26 | 2022-09-30 | 6.45 | 7.1 | 0.65 | 10 | ||
2022-07-27 | 2022-06-30 | 5.87 | 6.77 | 0.9 | 15 | ||
2022-04-27 | 2022-03-31 | 4.69 | 5.79 | 1.1 | 23 | ||
2022-01-26 | 2021-12-31 | 6.03 | 6.25 | 0.22 | 3 | ||
2021-10-27 | 2021-09-30 | 4.45 | 5.25 | 0.8 | 17 | ||
2021-07-28 | 2021-06-30 | 3.47 | 4.36 | 0.89 | 25 | ||
2021-04-28 | 2021-03-31 | 2.46 | 3.44 | 0.98 | 39 | ||
2021-01-27 | 2020-12-31 | 3.36 | 3.97 | 0.61 | 18 | ||
2020-10-21 | 2020-09-30 | 2.41 | 2.84 | 0.43 | 17 | ||
2020-07-22 | 2020-06-30 | 1.43 | 2.38 | 0.95 | 66 | ||
2020-04-28 | 2020-03-31 | 1.28 | 1.83 | 0.55 | 42 | ||
2020-01-29 | 2019-12-31 | 1.93 | 2.77 | 0.84 | 43 | ||
2019-10-22 | 2019-09-30 | 1.5 | 1.79 | 0.29 | 19 | ||
2019-07-24 | 2019-06-30 | 1.03 | 1.31 | 0.28 | 27 | ||
2019-04-23 | 2019-03-31 | 0.64 | 0.65 | 0.01 | 1 | ||
2019-01-30 | 2018-12-31 | 1.52 | 1.91 | 0.39 | 25 | ||
2018-10-24 | 2018-09-30 | 1.36 | 1.33 | -0.03 | 2 | ||
2018-07-25 | 2018-06-30 | 1.11 | 1.32 | 0.21 | 18 | ||
2018-04-25 | 2018-03-31 | 0.73 | 1.07 | 0.34 | 46 | ||
2018-02-01 | 2017-12-31 | 1.25 | 1.35 | 0.1 | 8 | ||
2017-10-27 | 2017-09-30 | 0.92 | 1.02 | 0.1 | 10 | ||
2017-08-01 | 2017-06-30 | 0.75 | 0.98 | 0.23 | 30 | ||
2017-04-27 | 2017-03-31 | 0.43 | 0.56 | 0.13 | 30 | ||
2017-02-01 | 2016-12-31 | 1.14 | 1.22 | 0.08 | 7 | ||
2016-10-27 | 2016-09-30 | 0.85 | 0.88 | 0.03 | 3 | ||
2016-07-28 | 2016-06-30 | 0.8 | 0.95 | 0.15 | 18 | ||
2016-04-28 | 2016-03-31 | 0.44 | 0.5 | 0.06 | 13 | ||
2016-01-28 | 2015-12-31 | 1.13 | 1.26 | 0.13 | 11 | ||
2015-10-29 | 2015-09-30 | 0.77 | 0.79 | 0.02 | 2 | ||
2015-07-29 | 2015-06-30 | 0.66 | 0.7 | 0.04 | 6 | ||
2015-04-23 | 2015-03-31 | 0.54 | 0.4 | -0.14 | 25 | ||
2015-01-29 | 2014-12-31 | 1.03 | 1.19 | 0.16 | 15 | ||
2014-10-29 | 2014-09-30 | 0.9 | 0.79 | -0.11 | 12 | ||
2014-07-24 | 2014-06-30 | 0.81 | 0.85 | 0.04 | 4 | ||
2014-04-23 | 2014-03-31 | 0.64 | 0.62 | -0.02 | 3 | ||
2014-02-05 | 2013-12-31 | 1.03 | 1.19 | 0.16 | 15 | ||
2013-10-23 | 2013-09-30 | 0.8 | 0.99 | 0.19 | 23 | ||
2013-07-24 | 2013-06-30 | 0.46 | 0.74 | 0.28 | 60 | ||
2013-04-24 | 2013-03-31 | 0.24 | 0.33 | 0.09 | 37 | ||
2013-01-31 | 2012-12-31 | 0.42 | 0.63 | 0.21 | 50 | ||
2012-10-25 | 2012-09-30 | 0.32 | 0.43 | 0.11 | 34 | ||
2012-07-26 | 2012-06-30 | 0.07 | 0.24 | 0.17 | 242 | ||
2012-04-26 | 2012-03-31 | -0.07 | -0.15 | -0.08 | 114 | ||
2012-01-31 | 2011-12-31 | 0.03 | -0.36 | -0.39 | 1300 | ||
2011-10-27 | 2011-09-30 | 0.05 | -0.1 | -0.15 | 300 | ||
2011-07-29 | 2011-06-30 | -0.04 | 0.02 | 0.06 | 150 | ||
2011-04-28 | 2011-03-31 | -0.11 | -0.21 | -0.1 | 90 | ||
2011-02-02 | 2010-12-31 | -0.04 | -0.0279 | 0.0121 | 30 | ||
2010-10-27 | 2010-09-30 | -0.07 | 0.04 | 0.11 | 157 | ||
2010-07-27 | 2010-06-30 | 0.12 | 0.13 | 0.01 | 8 | ||
2010-04-28 | 2010-03-31 | -0.15 | 0.08 | 0.23 | 153 | ||
2010-01-26 | 2009-12-31 | -0.44 | 1.35 | 1.79 | 406 | ||
2009-10-26 | 2009-09-30 | -0.63 | -0.56 | 0.07 | 11 | ||
2009-07-27 | 2009-06-30 | -0.72 | -2.37 | -1.65 | 229 | ||
2009-04-27 | 2009-03-31 | -1.18 | -0.6 | 0.58 | 49 | ||
2009-01-28 | 2008-12-31 | -0.96 | -2.58 | -1.62 | 168 | ||
2008-10-27 | 2008-09-30 | -0.53 | -4.69 | -4.16 | 784 | ||
2008-07-28 | 2008-06-30 | -0.69 | -0.79 | -0.1 | 14 | ||
2008-04-28 | 2008-03-31 | -1.44 | -1.72 | -0.28 | 19 | ||
2008-01-28 | 2007-12-31 | -3.51 | -4.91 | -1.4 | 39 | ||
2007-10-25 | 2007-09-30 | -1.97 | -4.52 | -2.55 | 129 | ||
2007-07-26 | 2007-06-30 | -1.59 | -2.16 | -0.57 | 35 | ||
2007-04-25 | 2007-03-31 | 0.12 | 0.57 | 0.45 | 375 | ||
2007-01-24 | 2006-12-31 | 0.46 | 0.34 | -0.12 | 26 | ||
2006-10-25 | 2006-09-30 | 2.02 | 2.25 | 0.23 | 11 | ||
2006-07-26 | 2006-06-30 | 2.38 | 2.82 | 0.44 | 18 | ||
2006-04-26 | 2006-03-31 | 2.44 | 2.86 | 0.42 | 17 | ||
2006-01-25 | 2005-12-31 | 3.15 | 3.53 | 0.38 | 12 | ||
2005-10-25 | 2005-09-30 | 2.4 | 2.4 | 0.0 | 0 | ||
2005-07-27 | 2005-06-30 | 1.73 | 2.05 | 0.32 | 18 | ||
2005-04-25 | 2005-03-31 | 1.05 | 1.55 | 0.5 | 47 | ||
2005-01-26 | 2004-12-31 | 1.76 | 1.88 | 0.12 | 6 | ||
2004-10-25 | 2004-09-30 | 1.1 | 1.31 | 0.21 | 19 | ||
2004-07-20 | 2004-06-30 | 0.9 | 0.89 | -0.01 | 1 | ||
2004-04-20 | 2004-03-31 | 0.77 | 0.96 | 0.19 | 24 | ||
2004-01-28 | 2003-12-31 | 1.08 | 1.13 | 0.05 | 4 | ||
2003-10-20 | 2003-09-30 | 0.85 | 0.93 | 0.08 | 9 | ||
2003-07-21 | 2003-06-30 | 0.7 | 0.78 | 0.08 | 11 | ||
2003-04-24 | 2003-03-31 | 0.45 | 0.57 | 0.12 | 26 | ||
2003-02-06 | 2002-12-31 | 0.83 | 0.86 | 0.03 | 3 | ||
2002-10-24 | 2002-09-30 | 0.71 | 0.79 | 0.08 | 11 | ||
2002-07-25 | 2002-06-30 | 0.58 | 0.6 | 0.02 | 3 | ||
2002-04-25 | 2002-03-31 | 0.35 | 0.36 | 0.01 | 2 | ||
2002-02-06 | 2001-12-31 | 0.66 | 0.67 | 0.01 | 1 | ||
2001-10-30 | 2001-09-30 | 0.61 | 0.62 | 0.01 | 1 | ||
2001-08-03 | 2001-06-30 | 0.45 | 0.55 | 0.1 | 22 | ||
2001-04-26 | 2001-03-31 | 0.3 | 0.32 | 0.02 | 6 | ||
2001-02-03 | 2000-12-31 | 0.52 | 0.53 | 0.01 | 1 | ||
2000-10-26 | 2000-09-30 | 0.2 | 0.46 | 0.26 | 130 | ||
2000-07-27 | 2000-06-30 | 0.21 | 0.38 | 0.17 | 80 | ||
2000-04-27 | 2000-03-31 | 0.11 | 0.21 | 0.1 | 90 | ||
2000-02-08 | 1999-12-31 | 0.24 | 0.34 | 0.1 | 41 | ||
1999-10-28 | 1999-09-30 | 0.17 | 0.17 | 0.0 | 0 | ||
1999-07-29 | 1999-06-30 | 0.15 | 0.19 | 0.04 | 26 | ||
1999-04-29 | 1999-03-31 | 0.08 | 0.1 | 0.02 | 25 | ||
1999-01-28 | 1998-12-31 | 0.21 | 0.28 | 0.07 | 33 | ||
1998-10-22 | 1998-09-30 | 0.14 | 0.18 | 0.04 | 28 | ||
1998-07-30 | 1998-06-30 | 0.1 | 0.13 | 0.03 | 30 | ||
1998-05-05 | 1998-03-31 | 0.05 | 0.09 | 0.04 | 80 |
Meritage Corporate Directors
| Michael Odell | Independent Director | Profile | |
| Peter Ax | Lead Independent Director | Profile | |
| Gerald Haddock | Independent Director | Profile | |
| Dana Bradford | Independent Director | Profile |
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 | 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.