Stock Scorecard
Stock Summary for Meritage Homes Corp (MTH) - $80.57 as of 1/22/2025 7:47:12 AM EST
Total Score
12 out of 30
Safety Score
74 out of 100
Currently on the following lists
None
Tim's Recommendation
Possible Buy
Growth List Algorithm Criteria for MTH
| Positive earnings growth | |
| P/E ratio less than Industry P/E Ratio | |
| P/E ratio less than Sector P/E Ratio | |
| P/E ratio that is half the growth rate (or less) | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Positive net income past year and 12 trailing months | |
| Free cash flow ratio greater than 0 and less than 10 |
Small Cap List Algorithm Criteria for MTH
| Revenue growing by at least 20% average per year over the last 5 years | |
| Market Capitalization under 2 billion | |
| Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months | |
| Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months | |
| Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year |
Dividend List Algorithm Criteria for MTH
| Declared an ex-dividend date | |
| Forward annual dividend rate greater than 2 | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Current ratio most recent quarter greater than 2 | |
| Cash Flow per Share greater than Trailing Dividend Rate |
Bonus Criteria for MTH
| P/E ratio less than five-year Average P/E ratio | |
| Last Price to 52 Week Low Ratio Less Than 1 | |
| Total Cash Per Share > Last Day Price | |
| P/S Ratio < 1 | |
| P/B Ratio < 1 |
Safety Rating Criteria for MTH (74 out of 100)
| Stock Price Rating (Max of 10) | 9 |
| Historical Stock Price Rating (Max of 10) | 9 |
| Stock Price Trend (Max of 10) | 9 |
| Book Value (Max of 10) | 10 |
| Book Value to Price (Max of 10) | 8 |
| Analyst Buy Ratings (Max of 5) | 3 |
| Analyst Strong Buy Ratings (Max of 5) | 3 |
| Dividend Yield Percentage (Max of 10) | 4 |
| Operating Margin (Max of 10) | 4 |
| Trading Volume (Max of 10) | 6 |
| Price to Earnings (Max of 10) | 9 |
Latest News for for MTH
Financial Details for MTH
Company Overview |
|
|---|---|
| Ticker | MTH |
| Company Name | Meritage Homes Corp |
| Country | USA |
| Description | Meritage Homes Corporation designs and builds single-family homes in the United States. The company is headquartered in Scottsdale, Arizona. |
| Sector Name | REAL ESTATE & CONSTRUCTION |
| Industry Name | OPERATIVE BUILDERS |
| Most Recent Quarter | 9/30/2024 |
| Next Earnings Date | 1/29/2025 |
Stock Price History |
|
| Last Day Price | 80.57 |
| Price 4 Years Ago | 59.47 |
| Last Day Price Updated | 1/22/2025 7:47:12 AM EST |
| Last Day Volume | 605,558 |
| Average Daily Volume | 653,428 |
| 52-Week High | 106.51 |
| 52-Week Low | 72.02 |
| Last Price to 52 Week Low | 11.87% |
Valuation Measures |
|
| Trailing PE | 7.29 |
| Industry PE | 9.03 |
| Sector PE | 58.04 |
| 5-Year Average PE | 3.46 |
| Free Cash Flow Ratio | 7.01 |
| Industry Free Cash Flow Ratio | 16.64 |
| Sector Free Cash Flow Ratio | 103.22 |
| Current Ratio Most Recent Quarter | 1.25 |
| Total Cash Per Share | 11.49 |
| Book Value Per Share Most Recent Quarter | 139.02 |
| Price to Book Ratio | 1.16 |
| Industry Price to Book Ratio | 1.72 |
| Sector Price to Book Ratio | 12.51 |
| Price to Sales Ratio Twelve Trailing Months | 0.91 |
| Industry Price to Sales Ratio Twelve Trailing Months | 1.04 |
| Sector Price to Sales Ratio Twelve Trailing Months | 4.19 |
| Analyst Buy Ratings | 3 |
| Analyst Strong Buy Ratings | 1 |
Share Statistics |
|
| Total Shares Outstanding | 72,359,000 |
| Market Capitalization | 5,829,964,630 |
| Institutional Ownership | N/A |
Dividends |
|
| Ex-Dividend Date | 12/17/2024 |
| Previous Dividend Amount | 0.3750 |
| Current Dividend Amount | 0.3750 |
| Total Years Dividend Increasing | 2 |
| Trailing Annual Dividend Rate | 1.50 |
| Trailing Annual Dividend Yield | 1.86% |
| Forward Annual Dividend Rate | 1.50 |
| Forward Annual Dividend Yield | 1.86% |
| 5-Year Dividend Payments Count | 8 |
| 3-Year Average Dividend Yield | 1.29% |
| 5-Year Average Dividend Yield | 1.29% |
| 1-Year Dividend Growth Rate Percentage | 177.78% |
| 3-Year Dividend Growth Rate Percentage | 1,314.21% |
| 5-Year Dividend Growth Rate Percentage | 276.06% |
| All-Time Dividend Growth Rate Percentage | 27.95% |
| Dividend Payout Ratio | 13.23% |
Income Statement |
|
| Quarterly Earnings Growth YOY | -10.70% |
| Annual Earnings Growth | -25.54% |
| Reported EPS 12 Trailing Months | 11.05 |
| Reported EPS Past Year | 16.71 |
| Reported EPS Prior Year | 19.94 |
| Net Income Twelve Trailing Months | 812,388,000 |
| Net Income Past Year | 738,748,000 |
| Net Income Prior Year | 992,192,000 |
| Quarterly Revenue Growth YOY | -1.40% |
| 5-Year Revenue Growth | 11.52% |
| Operating Margin Twelve Trailing Months | 15.00% |
Balance Sheet |
|
| Total Cash Most Recent Quarter | 831,559,000 |
| Total Cash Past Year | 921,227,000 |
| Total Cash Prior Year | 861,561,000 |
| Net Cash Position Most Recent Quarter | -1,057,696,000 |
| Net Cash Position Past Year | -536,988,000 |
| Long Term Debt Past Year | 1,458,215,000 |
| Long Term Debt Prior Year | 1,600,647,000 |
| Total Debt Most Recent Quarter | 1,889,255,000 |
| Equity to Debt Ratio Past Year | 0.76 |
| Equity to Debt Ratio Most Recent Quarter | 0.73 |
| Total Stockholder Equity Past Year | 4,611,900,000 |
| Total Stockholder Equity Prior Year | 3,949,611,000 |
| Total Stockholder Equity Most Recent Quarter | 5,029,790,000 |
Free Cash Flow |
|
| Free Cash Flow Twelve Trailing Months | -260,678,000 |
| Free Cash Flow Per Share Twelve Trailing Months | -3.60 |
| Free Cash Flow Past Year | 317,380,000 |
| Free Cash Flow Prior Year | 378,299,000 |
Options |
|
| Put/Call Ratio | 0.75 |
| Has Options | Options Chain |
| Liquidity Rating | |
Technical Analysis |
|
| Yahoo Finance Chart | Yahoo Finance Chart |
| MACD | -2.36 |
| MACD Signal | -3.34 |
| 20-Day Bollinger Lower Band | 72.36 |
| 20-Day Bollinger Middle Band | 90.30 |
| 20-Day Bollinger Upper Band | 108.25 |
| Beta | 1.82 |
| RSI | 49.35 |
| 50-Day SMA | 86.81 |
| 150-Day SMA | 64.51 |
| 200-Day SMA | 61.06 |
System |
|
| Modified | 1/21/2025 6:58:17 AM EST |