MTH:NYE-Meritage Homes Corporation (USD)

EQUITY | Residential Construction | New York Stock Exchange

Last Closing

USD 193.87

Change

+3.85 (+2.03)%

Market Cap

USD 1.44B

Volume

0.92M

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: 2024-07-18 )

Largest Industry Peers for Residential Construction

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

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LEN-B Lennar Corporation

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IBP Installed Building Products In..

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SKY Skyline Corporation

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USD 5.25B
TPH TRI Pointe Homes Inc

N/A

USD 4.29B
GRBK Green Brick Partners Inc

N/A

USD 3.55B
CCS Century Communities Inc

N/A

USD 3.26B
DFH Dream Finders Homes Inc

N/A

USD 3.12B
LEN Lennar Corporation

N/A

N/A
HOV Hovnanian Enterprises Inc

N/A

N/A

ETFs Containing MTH

ZIG The Acquirers Fund ETF 3.87 % 0.00 %

N/A

USD 0.05B
XG11:XETRA Xtrackers MSCI Global SDG.. 3.66 % 0.00 %

+0.19 (+0.00%)

USD 0.13B
GBLD Invesco MSCI Green Buildi.. 2.57 % 0.00 %

N/A

USD 6.29M
SDVY First Trust SMID Cap Risi.. 1.15 % 0.60 %

N/A

USD 5.68B
IJT iShares S&P Small-Cap 600.. 1.12 % 0.25 %

N/A

USD 6.48B
SMLE DBX ETF Trust - S&P Small.. 0.89 % 0.00 %

+1.00 (+0.00%)

USD 1.36M
FNK First Trust Mid Cap Value.. 0.85 % 0.70 %

N/A

USD 0.22B
MWON:XETRA Amundi S&P SmallCap 600 E.. 0.84 % 0.00 %

+0.41 (+0.00%)

USD 0.14B
USASUS:SW Amundi S&P SmallCap 600 E.. 0.84 % 0.00 %

+0.42 (+0.00%)

USD 0.14B
ESIX SPDR S&P SmallCap 600 ESG.. 0.82 % 0.00 %

N/A

USD 5.50M
CBUSAS:SW Amundi S&P SmallCap 600 E.. 0.74 % 0.00 %

N/A

N/A
QVMS Invesco Exchange-Traded F.. 0.64 % 0.00 %

N/A

USD 0.20B
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
IJR iShares Core S&P Small-Ca.. 0.56 % 0.07 %

N/A

USD 86.79B
ISP6:LSE iShares III Public Limite.. 0.56 % 0.00 %

+34.50 (+0.00%)

USD 1.97B
IDP6:SW iShares S&P SmallCap 600 .. 0.56 % 0.00 %

N/A

USD 1.94B
VRTVX Vanguard Scottsdale Funds.. 0.53 % 0.00 %

N/A

USD 0.91B
FNX First Trust Mid Cap Core .. 0.42 % 0.62 %

N/A

USD 1.22B
BKSE BNY Mellon ETF Trust - BN.. 0.37 % 0.00 %

N/A

USD 0.12B
GSC Goldman Sachs ETF Trust 0.00 % 1.25 %

N/A

N/A
HOML 0.00 % 0.00 %

N/A

N/A
SPSM SPDR® Portfolio S&P 600 .. 0.00 % 0.06 %

N/A

USD 11.38B
SMCP AlphaMark Actively Manage.. 0.00 % 0.90 %

N/A

USD 0.03B
XSMO Invesco S&P SmallCap Mome.. 0.00 % 0.39 %

N/A

USD 1.24B
SAA ProShares Ultra SmallCap6.. 0.00 % 0.95 %

N/A

USD 0.04B
SLYG SPDR® S&P 600 Small Cap .. 0.00 % 0.15 %

N/A

N/A
VIOG Vanguard S&P Small-Cap 60.. 0.00 % 0.20 %

N/A

USD 0.99B
VTWV Vanguard Russell 2000 Val.. 0.00 % 0.20 %

N/A

USD 0.81B
XHB SPDR® S&P Homebuilders E.. 0.00 % 0.35 %

N/A

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

+0.65 (+0.00%)

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 11.29% 35% F 72% C
Dividend Return 0.86% 55% F 25% F
Total Return 12.15% 35% F 69% C-
Trailing 12 Months  
Capital Gain 40.38% 70% C- 92% A
Dividend Return 1.09% 27% F 15% F
Total Return 41.47% 70% C- 92% A
Trailing 5 Years  
Capital Gain 256.97% 44% F 96% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 256.97% 44% F 95% A
Average Annual (5 Year Horizon)  
Capital Gain 30.11% 35% F 90% A-
Dividend Return 30.18% 35% F 89% A-
Total Return 0.07% 9% A- 2% F
Risk Return Profile  
Volatility (Standard Deviation) 39.89% 70% C- 24% F
Risk Adjusted Return 75.66% 65% D 91% A-
Market Capitalization 1.44B 63% 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 75% 83%
Price/Book Ratio 1.25 74% 61%
Price / Cash Flow Ratio 17.85 28% 21%
Price/Free Cash Flow Ratio 6.07 84% 61%
Management Effectiveness  
Return on Equity 18.06% 45% 79%
Return on Invested Capital 27.63% 95% 93%
Return on Assets 9.82% 60% 92%
Debt to Equity Ratio 21.86% 79% 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:
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 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