MTH:NYE-Meritage Homes Corporation (USD)

EQUITY | Residential Construction | New York Stock Exchange

Last Closing

USD 188.13

Change

+6.32 (+3.48)%

Market Cap

USD 1.44B

Volume

0.48M

Analyst Target

USD 111.14
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Meritage Homes Corp is a designer and builder of single-family attached and detached homes in the historically growth regions of the United States. The Company's segments are homebuilding and financial services.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Residential Construction

Symbol Name Price(Change) Market Cap
DHI DR Horton Inc

+1.97 (+1.18%)

USD 58.75B
LEN-B Lennar Corporation

+1.32 (+0.82%)

USD 46.47B
IBP Installed Building Products In..

+1.87 (+0.87%)

USD 6.51B
SKY Skyline Corporation

+0.55 (+0.61%)

USD 5.19B
TPH TRI Pointe Homes Inc

-0.30 (-0.74%)

USD 3.98B
GRBK Green Brick Partners Inc

+0.67 (+0.89%)

USD 3.54B
DFH Dream Finders Homes Inc

-0.17 (-0.54%)

USD 3.30B
HOV Hovnanian Enterprises Inc

+5.46 (+3.11%)

N/A
LEN Lennar Corporation

+1.40 (+0.82%)

N/A
MHO M/I Homes Inc

-0.45 (-0.29%)

N/A

ETFs Containing MTH

XG11:XETRA Xtrackers MSCI Global SDG.. 3.63 % 0.00 %

-0.06 (0.07%)

USD 0.13B
DVLU First Trust Dorsey Wright.. 2.81 % 0.60 %

+0.11 (+0.07%)

USD 0.03B
GBLD Invesco MSCI Green Buildi.. 2.61 % 0.00 %

-0.03 (0.07%)

USD 8.98M
IJT iShares S&P Small-Cap 600.. 1.02 % 0.25 %

-0.04 (0.07%)

USD 6.36B
VIOG Vanguard S&P Small-Cap 60.. 0.97 % 0.20 %

-0.23 (0.07%)

USD 0.97B
MWON:XETRA Amundi S&P SmallCap 600 E.. 0.87 % 0.00 %

+0.37 (+0.07%)

USD 0.22B
USASUS:SW Amundi S&P SmallCap 600 E.. 0.87 % 0.00 %

+0.24 (+0.07%)

USD 0.22B
OASC OneAscent Small Cap Core .. 0.86 % 0.00 %

+0.02 (+0.07%)

USD 0.02B
ESIX SPDR S&P SmallCap 600 ESG.. 0.85 % 0.00 %

+0.11 (+0.07%)

USD 6.28M
CBUSAS:SW Amundi S&P SmallCap 600 E.. 0.74 % 0.00 %

N/A

N/A
ZSML:CA BMO S&P US Small Cap Inde.. 0.57 % 0.00 %

+0.01 (+0.07%)

N/A
ZSML-F:CA BMO S&P US Small Cap Inde.. 0.57 % 0.00 %

N/A

CAD 5.46M
ZSML-U:CA BMO S&P US Small Cap Inde.. 0.57 % 0.00 %

N/A

N/A
QVMS Invesco Exchange-Traded F.. 0.55 % 0.00 %

+0.04 (+0.07%)

USD 0.20B
VRTVX Vanguard Scottsdale Funds.. 0.55 % 0.00 %

+0.25 (+0.07%)

USD 0.91B
IDP6:SW iShares S&P SmallCap 600 .. 0.55 % 0.00 %

+0.75 (+0.07%)

USD 2.07B
IJR iShares Core S&P Small-Ca.. 0.50 % 0.07 %

+0.14 (+0.07%)

USD 84.92B
SPSM SPDR® Portfolio S&P 600 .. 0.50 % 0.06 %

+0.04 (+0.07%)

USD 11.72B
ISP6:LSE iShares III Public Limite.. 0.49 % 0.00 %

+60.00 (+0.07%)

USD 2.04B
BKSE BNY Mellon ETF Trust - BN.. 0.37 % 0.00 %

-0.10 (0.07%)

USD 0.12B
SAA ProShares Ultra SmallCap6.. 0.36 % 0.95 %

+0.03 (+0.07%)

USD 0.04B
GSC Goldman Sachs ETF Trust 0.00 % 1.25 %

-0.04 (0.07%)

N/A
HOML 0.00 % 0.00 %

N/A

N/A
SLYG SPDR® S&P 600 Small Cap .. 0.00 % 0.15 %

-0.08 (0.07%)

N/A
VTWV Vanguard Russell 2000 Val.. 0.00 % 0.20 %

+0.01 (+0.07%)

USD 0.82B
XHB SPDR® S&P Homebuilders E.. 0.00 % 0.35 %

-0.24 (0.07%)

N/A
IDP6:LSE iShares S&P SmallCap 600 .. 0.00 % 0.00 %

+0.86 (+0.07%)

N/A
SMLE 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Residential Construction) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.00% 33% F 65% D
Dividend Return 0.43% 42% F 24% F
Total Return 8.43% 33% F 63% D
Trailing 12 Months  
Capital Gain 54.22% 62% D 92% A
Dividend Return 0.84% 8% B- 9% A-
Total Return 55.05% 62% D 91% A-
Trailing 5 Years  
Capital Gain 263.33% 63% D 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 263.33% 58% F 95% A
Average Annual (5 Year Horizon)  
Capital Gain 30.42% 43% F 90% A-
Dividend Return 30.46% 43% F 89% A-
Total Return 0.03% 8% B- 1% F
Risk Return Profile  
Volatility (Standard Deviation) 39.88% 71% C- 26% F
Risk Adjusted Return 76.36% 81% B- 93% A
Market Capitalization 1.44B 65% D 79% B-

Key Financial Ratios

  Ratio vs. Industry/Classification (Residential Construction) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 9.90 76% 82%
Price/Book Ratio 1.25 75% 61%
Price / Cash Flow Ratio 18.41 21% 19%
Price/Free Cash Flow Ratio 6.07 85% 60%
Management Effectiveness  
Return on Equity 18.06% 48% 79%
Return on Invested Capital 27.63% 95% 93%
Return on Assets 9.82% 67% 92%
Debt to Equity Ratio 21.86% 80% 79%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector