75.59
1.66 (2.25%)
| Previous Close | 73.93 |
| Open | 73.39 |
| Volume | 318,920 |
| Avg. Volume (3M) | 902,593 |
| Market Cap | 5,469,631,488 |
| Price / Earnings (TTM) | 6.84 |
| Price / Earnings (Forward) | 7.56 |
| Price / Sales | 0.850 |
| Price / Book | 1.07 |
| 52 Weeks Range | |
| Earnings Date | 29 Jan 2025 |
| TTM Dividend Yield | 3.97% |
| Profit Margin | 12.63% |
| Operating Margin (TTM) | 14.99% |
| Diluted EPS (TTM) | 11.05 |
| Quarterly Revenue Growth (YOY) | -1.40% |
| Quarterly Earnings Growth (YOY) | -11.60% |
| Total Debt/Equity (MRQ) | 27.27% |
| Current Ratio (MRQ) | 10.12 |
| Operating Cash Flow (TTM) | -232.53 M |
| Levered Free Cash Flow (TTM) | -350.57 M |
| Return on Assets (TTM) | 9.38% |
| Return on Equity (TTM) | 17.19% |
Market Trend
| Short Term | Medium Term | ||
| Industry | Residential Construction (US) | Mixed | Bullish |
| Residential Construction (Global) | Bearish | Bullish | |
| Stock | Meritage Homes Corporation | Bearish | Bearish |
AIStockmoo Score
| Analyst Consensus | 3.0 |
| Insider Activity | 1.5 |
| Price Volatility | 4.5 |
| Technical Moving Averages | 2.5 |
| Technical Oscillators | -2.5 |
| Average | 1.80 |
|
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 |
| Investment Style | Small Value |
| % Held by Insiders | 2.04% |
| % Held by Institutions | 79.39% |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| Greenhaven Associates Inc | 30 Sep 2024 | 1,488,726 |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 198.00 (Keefe, Bruyette & Woods, 161.94%) | Hold |
| Median | 157.50 (108.36%) | |
| Low | 100.00 (Goldman Sachs, 32.29%) | Buy |
| Average | 153.25 (102.74%) | |
| Total | 2 Buy, 2 Hold | |
| Avg. Price @ Call | 82.86 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Goldman Sachs | 14 Jan 2025 | 100.00 (32.29%) | Buy | 75.59 |
| UBS | 08 Jan 2025 | 118.00 (56.11%) | Buy | 76.23 |
| JP Morgan | 13 Dec 2024 | 197.00 (160.62%) | Hold | 84.22 |
| Keefe, Bruyette & Woods | 05 Nov 2024 | 198.00 (161.94%) | Hold | 95.40 |
| Name | Avg. Buy ($) | Avg. Sell ($) | Net Quantity | Net Value ($) |
|---|---|---|---|---|
| HILTON STEVEN J | 76.91 | 76.91 | 0 | 0 |
| Aggregate Net Quantity | 0 | |||
| Aggregate Net Value ($) | 0 | |||
| Aggregate Avg. Buy ($) | 76.91 | |||
| Aggregate Avg. Sell ($) | 76.91 | |||
| Name | Holder | Date | Type | Quantity | Price | Value ($) |
|---|---|---|---|---|---|---|
| HILTON STEVEN J | Officer | 31 Dec 2024 | Disposed (-) | 20,000 | 76.91 | 1,538,200 |
| HILTON STEVEN J | Officer | 31 Dec 2024 | Acquired (+) | 20,000 | 76.91 | 1,538,200 |
| Date | Type | Details |
|---|---|---|
| 06 Jan 2025 | Announcement | Meritage Homes Appoints Geisha Williams to its Board of Directors |
| 17 Dec 2024 | Announcement | Meritage Homes Gives $3.3 Million In 2024 To Support Communities Nationwide |
| 05 Dec 2024 | Announcement | Meritage Homes Fourth Quarter 2024 Earnings Conference Call and Webcast Scheduled for January 30, 2025 |
| 25 Nov 2024 | Announcement | Meritage Homes Announces Two-for-One Stock Split |
| 21 Nov 2024 | Announcement | Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization |
| 30 Oct 2024 | Announcement | Meritage Homes Announces Entry into the Gulf Coast Markets with Acquisition of the Assets of Elliott Homes |
| 29 Oct 2024 | Announcement | Meritage Homes reports third quarter 2024 results |
| 29 Oct 2024 | Announcement | Homebuilders to Expand into Hutto |
| 15 Oct 2024 | Announcement | Meritage Homes Appoints Erin Lantz to its Board of Directors |
| TTM Dividend Yield | 3.97% |
| 2Y Average Dividend Yield | 1.29% |
| Payout Ratio | 11.40% |
| Expected Next Dividend Payment | Mar 2025 |
| Ex Date | Announcement Date | Payment Date | Details |
|---|---|---|---|
| 17 Dec 2024 | 21 Nov 2024 | 31 Dec 2024 | 0.75 Cash |
| 16 Sep 2024 | 29 Aug 2024 | 30 Sep 2024 | 0.75 Cash |
| 14 Jun 2024 | 16 May 2024 | 28 Jun 2024 | 0.75 Cash |
| 14 Mar 2024 | 22 Feb 2024 | 29 Mar 2024 | 0.75 Cash |
| 14 Dec 2023 | 16 Nov 2023 | 29 Dec 2023 | 0.27 Cash |
| 14 Sep 2023 | 23 Aug 2023 | 29 Sep 2023 | 0.27 Cash |
| 14 Jun 2023 | 18 May 2023 | 30 Jun 2023 | 0.27 Cash |
| 14 Mar 2023 | 16 Feb 2023 | 31 Mar 2023 | 0.27 Cash |
Annual Dividend Yield
| Year | Annual Dividend ($) | Frequency/Year | Yield % |
|---|---|---|---|
| 2024 | 3.00 | 4 | 1.95 |
| 2023 | 1.08 | 4 | 0.62 |
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2025 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |