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Ticker
MTH

Price
63.98
Stock movement up
+0.78 (1.23%)
Company name
Meritage Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Consumer Cyclical >
Residential Construction
Market cap
4.63B
Ent value
5.87B
Price/Sales
0.72
Price/Book
0.92
Div yield
2.34%
Div growth
-
Growth years
-
FCF payout
-35.08%
Trailing P/E
5.70
Forward P/E
6.00
PEG
-
EPS growth
28.99%
1 year return
-18.06%
3 year return
18.20%
5 year return
23.19%
10 year return
9.92%
Last updated: 2025-04-12

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.50
Dividend yield2.34%
Payout frequency-
Maximum yield2.40%
Average yield1.34%
Minimum yield0.60%
Discount to avg yield42.86%
Upside potential74.99%
Yield as % of max yield97.74%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.34%
Current yield distribution0.38%
Yield at 100% (Min)0.60%
Yield at 90%0.72%
Yield at 80%0.79%
Yield at 50% (Median)1.51%
Yield at 20%1.86%
Yield at 10%1.97%
Yield at 0% (Max)2.40%

Dividend per share

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Dividend per share data
Years of growth-
CCC status-
Dividend per share1.50
Payout frequency-
Ex-div date17 Mar 2025
EPS (TTM)11.08
EPS (1y forward)10.66
EPS growth (5y)28.99%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
MTHS&P500
DGR MR177.78%-13.74%
DGR TTM-6.60%
DGR 3 years-5.24%
DGR 5 years-5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced418 days
EPS growth (5y)28.99%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM11.26%-35.08%
Average--
Forward14.08%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E5.70
Price to OCF-
Price to FCF-
Price to EBITDA4.40
EV to EBITDA5.59

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales0.72
Price to Book0.92
EV to Sales0.91

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FINANCIALS

Per share

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Per share data
Current share count72.36M
EPS (TTM)11.08
FCF per share (TTM)-3.55

Income statement

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Income statement data
Revenue (TTM)6.43B
Gross profit (TTM)1.65B
Operating income (TTM)1.10B
Net income (TTM)812.39M
EPS (TTM)11.08
EPS (1y forward)10.66

Margins

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Margins data
Gross margin (TTM)25.63%
Operating margin (TTM)17.09%
Profit margin (TTM)12.64%

Balance Sheet

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Balance Sheet data
Cash831.56M
Net receivables286.94M
Total current assets6.78B
Goodwill203.80M
Intangible assets0.00
Property, plant and equipment0.00
Total assets7.10B
Accounts payable287.40M
Short/Current long term debt1.37B
Total current liabilities666.77M
Total liabilities2.07B
Shareholder's equity5.03B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)-232.53M
Capital expenditures (TTM)28.14M
Free cash flow (TTM)-260.68M
Dividends paid (TTM)91.46M

Financial returns

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Financial returns data
Return on Equity16.15%
Return on Assets11.44%
Return on Invested Capital12.69%
Cash Return on Invested Capital-4.07%

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STOCK INFORMATION

Stock chart

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Stock price data
Open62.74
Daily high64.09
Daily low60.64
Daily Volume1.04M
All-time high106.84
1y analyst estimate106.73
Beta1.82
EPS (TTM)11.08
Dividend per share1.50
Ex-div date17 Mar 2025
Next earnings date22 Apr 2025

Downside potential

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Downside potential data
MTHS&P500
Current price drop from All-time high-40.12%-12.89%
Highest price drop-93.22%-56.47%
Date of highest drop21 Nov 20089 Mar 2009
Avg drop from high-48.64%-11.07%
Avg time to new high37 days12 days
Max time to new high3772 days1805 days

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COMPANY DETAILS
MTH (Meritage Corporation) company logo
Marketcap
4.63B
Marketcap category
Mid-cap
Description
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Employees
1838
Investor relations
-
SEC filings
CEO
Steven J. Hilton
Country
USA
City
Scottsdale
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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