Meritage Homes Corp MTH

Morningstar Rating
$70.88 −1.36 (1.88%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MTH is trading at a LOCK|<pt<< premium.
Price
$72.23
Fair Value
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Uncertainty
qGk
1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

News

Trading Information

Previous Close Price
$72.23
Day Range
$70.5672.85
52-Week Range
$58.0385.37
Bid/Ask
$70.83 / $70.94
Shares Outstanding
65.17M
Market Cap
$4.62B
Volume/Avg
208,314 / 901,370

Key Statistics

Price/Earnings (Normalized)
13.13
Price/Sales
0.92
Dividend Yield (Trailing)
2.52%
Dividend Yield (Forward)
2.66%
Total Yield
11.76%

Company Profile

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, comprising twelve states: Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. 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 offers title and escrow, mortgage, and insurance services. The company generates key revenue from the Homebuilding segment.
Sector
Consumer Cyclical
Industry
Residential Construction
Stock Style Box
Small Value
Total Number of Employees
1,860

Valuation

Metric
MTH
Price/Earnings (Normalized)
13.13
Price/Book Value
0.93
Price/Sales
0.92
Price/Cash Flow
11.28
Price/Earnings
MTH

Financial Strength

Metric
MTH
Quick Ratio
2.25
Current Ratio
14.52
Interest Coverage
154.02
Quick Ratio
MTH

Profitability

Metric
MTH
Return on Assets (Normalized)
4.95%
Return on Equity (Normalized)
7.31%
Return on Invested Capital (Normalized)
5.38%
Return on Assets
MTH

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