Meritage Stock Today
| MTH Stock | USD 73.78 0.28 0.38% |
PerformanceVery Weak
| Odds Of DistressVery Small
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Meritage is trading at 73.78 as of the 17th of February 2025. This is a 0.38% increase since the beginning of the trading day. The stock's open price was 73.5. Meritage has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 18th of January 2025 and ending today, the 17th of February 2025. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 20th of July 1988 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 71.92 M outstanding shares of which 3.11 M shares are now shorted by investors with about 3.12 days to cover. More on Meritage
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Meritage Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Steven Hilton | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Construction (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Mithras Investment Trust PLC, Ha Dong Environment Public Service JSC, Meritage Homes Corporation] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Household Durables, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, PHLX Housing, Nasdaq Benchmark Consumer, Construction, Consumer Discretionary, Household Durables, Residential Construction, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsMeritage can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Meritage's financial leverage. It provides some insight into what part of Meritage's total assets is financed by creditors.
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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 24 people. Meritage is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.31 B. Meritage runs under Household Durables sector within Consumer Discretionary industry. The entity has 71.92 M outstanding shares of which 3.11 M shares are now shorted by investors with about 3.12 days to cover.
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.
Check Meritage Probability Of Bankruptcy
Ownership AllocationThe majority of Meritage outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Meritage to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Meritage. Please pay attention to any change in the institutional holdings of Meritage as this could imply that something significant has changed or is about to change at the company.
Check Meritage Ownership Details
Meritage Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Macquarie Group Ltd | 2024-09-30 | 677.3 K | |
| Norges Bank | 2024-12-31 | 661.1 K | |
| Goldman Sachs Group Inc | 2024-09-30 | 616 K | |
| Balyasny Asset Management Llc | 2024-09-30 | 566.1 K | |
| Charles Schwab Investment Management Inc | 2024-12-31 | 486.2 K | |
| Jpmorgan Chase & Co | 2024-09-30 | 472.5 K | |
| Northern Trust Corp | 2024-09-30 | 454.6 K | |
| Alliancebernstein L.p. | 2024-09-30 | 422.5 K | |
| Bank Of New York Mellon Corp | 2024-12-31 | 405.9 K | |
| Blackrock Inc | 2024-09-30 | 6 M | |
| Vanguard Group Inc | 2024-12-31 | 4.1 M |
Meritage Historical Income Statement
Meritage Stock Against Markets
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.