USD 74.195
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| MTH | 0.0 | -0.0 | -7.9 | -16.5 | -23.6 | -2.9 | 64.6 | 104.3 | 254.7 | 1878.5 |
| S&P 500 | -0.5 | -0.5 | 0.6 | 2.3 | 8.2 | 22.1 | 41.3 | 82.3 | 188.4 | 34351.2 |
Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline
Feel free to experiment with these tools to enhance your technical analysis. Remember, any drawings you make are temporary and will be lost upon refreshing the page unless saved as an image using the 'Camera' icon.
Get instant AI-powered professional insights on prices:
💡Generate AI Technical Analysis ReportA Multi-Interval Candlestick Chart displays the price movements of an asset over different time intervals. Each candlestick represents the open, high, low, and close prices for a specific interval. The chart can be used to identify trends and patterns in price movements.
| Attribute | Value |
|---|---|
| symbol | MTH |
| name | Meritage Homes Corporation |
| price | 74.195 |
| changes percentage | 0.006739 |
| change | 0.005 |
| day low | 73.63 |
| day high | 74.8 |
| year high | 106.99 |
| year low | 71.05 |
| market cap | 5368690844 |
| price avg 50 | 78.9256 |
| price avg 200 | 88.99835 |
| exchange | NYSE |
| volume | 147927 |
| avg volume | 939862 |
| open | 72.975 |
| previous close | 74.19 |
| eps | 10.72 |
| pe | 6.92 |
| earnings announcement | 2025-04-22T10:59:00.000+0000 |
| shares outstanding | 72359200 |
| timestamp | 2025-02-21 16:01:40 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2024 | 2023 | Y/Y change % | |
|---|---|---|---|
| 0000833079 | |||
| revenue | 6363872000 | 6138263000 | 3.68 |
| gross profit | 1579843000 | 1519678000 | 3.96 |
| gross profit ratio | 0.25 | 0.25 | 0.27 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 230856000 | 616633000 | -62.56 |
| interest income | 0 | 0 | NaN |
| interest expense | 0 | 0 | NaN |
| ebitda | 1348987000 | 972930000 | 38.65 |
| ebitdaratio | 0.21 | 0.16 | 33.74 |
| operating income | 1348987000 | 902389000 | 49.49 |
| operating income ratio | 0.21 | 0.15 | 44.19 |
| net income | 786186000 | 738748000 | 6.42 |
| net income ratio | 0.12 | 0.12 | 2.65 |
| eps | 21.7 | 20.17 | 7.59 |
Revenue Growth: revenue increased to 6,364 million in 2024 from 6,138 million in 2023 representing a change of 3.68%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 1,580 million in 2024 from 1,520 million in 2023 representing a change of 3.96%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to 231 million in 2024 from 617 million in 2023 representing a change of -62.56%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
Net Income: Net income increased to 786 million in 2024 from 739 million in 2023 representing a change of 6.42%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 21.7 in 2024 from 21.7 in 2023 representing a change of 7.59%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 1,349 million in 2024 from 973 million in 2023 representing a change of 38.65%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to 1,349 million in 2024 from 902 million in 2023 representing a change of 49.49%. The decrease in operating income indicates worse operational performance and decreased profitability.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0000833079 | |||
| revenue | 1613284000 | 1588449000 | 1.56 |
| gross profit | 369814000 | 389539000 | -5.06 |
| gross profit ratio | 0.23 | 0.25 | -6.53 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 67742000 | 396346000 | -82.91 |
| interest income | 0 | 0 | NaN |
| interest expense | 0 | 0 | NaN |
| ebitda | 302072000 | 256478000 | 17.78 |
| ebitdaratio | 0.19 | 0.16 | 15.96 |
| operating income | 302072000 | 239250000 | 26.26 |
| operating income ratio | 0.19 | 0.15 | 24.31 |
| net income | 172649000 | 195966000 | -11.90 |
| net income ratio | 0.11 | 0.12 | -13.25 |
| eps | 4.78 | 5.41 | -11.65 |
Revenue Growth: revenue increased to 1,613 million in 2024Q4 from 1,588 million in 2024Q3 representing a change of 1.56%. This indicates a sales growth, which is a positive sign for the company.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 302 million in 2024Q4 from 256 million in 2024Q3 representing a change of 17.78%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 302 million in 2024Q4 from 239 million in 2024Q3 representing a change of 26.26%. The increase in operating income indicates better operational performance and increased profitability.
Gross Profit: Gross Profit decreased to 370 million in 2024Q4 from 390 million in 2024Q3 representing a change of -5.06%. This indicates a sales profitability decline, which is a negative sign for the company.
Operating Expenses: Operating Expenses increased to 68 million in 2024Q4 from 396 million in 2024Q3 representing a change of -82.91%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
Net Income: Net income decreased to 173 million in 2024Q4 from 196 million in 2024Q3 representing a change of -11.9%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 4.78 in 2024Q4 from 4.78 in 2024Q3 representing a change of -11.65%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000833079 | |||
| total assets | 6353134000 | 5772101000 | 10.07 |
| total liabilities | 1741234000 | 1822490000 | -4.46 |
| total equity | 4611900000 | 3949611000 | 16.77 |
| cash and cash equivalents | 921227000 | 861561000 | 6.93 |
| short term investments | 0 | 11753000 | -100.00 |
| long term investments | 17170000 | 11753000 | 46.09 |
| total current assets | 6020854000 | 5676261000 | 6.07 |
| total non current assets | 332280000 | 95840000 | 246.70 |
| total current liabilities | 641619000 | 671843000 | -4.50 |
| total non current liabilities | 1099615000 | 1150647000 | -4.44 |
| common stock | 364000 | 366000 | -0.55 |
| retained earnings | 4320581000 | 3621367000 | 19.31 |
| total debt | 1062255000 | 1150647000 | -7.68 |
Total Assets: Total Assets increased to 6,353 million in 2023 from 5,772 million in 2022 representing a change of 10.07%. Suggesting a growth in asset holdings.
Total Liabilities: Total Liabilities decreased to 1,741 million in 2023 from 1,822 million in 2022 representing a change of -4.46%. This indicates a decrease in overall liabilities.
Total Equity: Total Equity increased to 4,612 million in 2023 from 3,950 million in 2022 representing a change of 16.77%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 921 million in 2023 from 862 million in 2022 representing a change of 6.93%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 6,021 million in 2023 from 5,676 million in 2022 representing a change of 6.07%. This indicates a better liquidity position.
Total Current Liabilities: Total Current Liabilities decreased to 642 million in 2023 from 672 million in 2022 representing a change of -4.5%. This indicates a lower short-term debt burden.
Retained Earnings: Retained Earnings increased to 4,321 million in 2023 from 3,621 million in 2022 representing a change of 19.31%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 1,062 million in 2023 from 1,151 million in 2022 representing a change of -7.68%. This indicates a reduction in overall debt burden.
Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 12 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Common Stock: Common Stock decreased to 0 in 2023 from 0 in 2022 representing a change of -0.55%. This indicates a decrease in ownership interest.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0000833079 | |||
| total assets | 7162654000 | 7103452000 | 0.83 |
| total liabilities | 2021081000 | 2073662000 | -2.54 |
| total equity | 5141573000 | 5029790000 | 2.22 |
| cash and cash equivalents | 651555000 | 831559000 | -21.65 |
| short term investments | 0 | 0 | NaN |
| long term investments | 0 | 18217000 | -100.00 |
| total current assets | 907837000 | 6783062000 | -86.62 |
| total non current assets | 304902000 | 320390000 | -4.83 |
| total current liabilities | 212477000 | 666771000 | -68.13 |
| total non current liabilities | 1808604000 | 1406891000 | 28.55 |
| common stock | 360000 | 362000 | -0.55 |
| retained earnings | 4998177000 | 4852499000 | 3.00 |
| total debt | 1306535000 | 1371540000 | -4.74 |
Total Assets: Total Assets increased to 7,163 million in 2024Q4 from 7,103 million in 2024Q3 representing a change of 0.83%. Suggesting a growth in asset holdings.
Total Liabilities: Total Liabilities decreased to 2,021 million in 2024Q4 from 2,074 million in 2024Q3 representing a change of -2.54%. This indicates a decrease in overall liabilities.
Total Equity: Total Equity increased to 5,142 million in 2024Q4 from 5,030 million in 2024Q3 representing a change of 2.22%. This indicates an increase in shareholders' equity.
Total Current Liabilities: Total Current Liabilities decreased to 212 million in 2024Q4 from 667 million in 2024Q3 representing a change of -68.13%. This indicates a lower short-term debt burden.
Retained Earnings: Retained Earnings increased to 4,998 million in 2024Q4 from 4,852 million in 2024Q3 representing a change of 3.0%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 1,307 million in 2024Q4 from 1,372 million in 2024Q3 representing a change of -4.74%. This indicates a reduction in overall debt burden.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 652 million in 2024Q4 from 832 million in 2024Q3 representing a change of -21.65%. This indicates a decrease in available liquid assets.
Total Current Assets: Total Current Assets decreased to 908 million in 2024Q4 from 6,783 million in 2024Q3 representing a change of -86.62%. This indicates a worsen liquidity position.
Common Stock: Common Stock decreased to 0 in 2024Q4 from 0 in 2024Q3 representing a change of -0.55%. This indicates a decrease in ownership interest.
| 2024 | 2023 | Y/Y change % | |
|---|---|---|---|
| 0000833079 | |||
| net change in cash | -269672000 | 59666000 | -551.97 |
| operating cash flow | -227576000 | 355572000 | -164.00 |
| free cash flow | -256234000 | 317380000 | -180.73 |
| capital expenditure | -28658000 | -38192000 | 24.96 |
| depreciation and amortization | 25959000 | 25334000 | 2.47 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 25809000 | 22511000 | 14.65 |
| accounts payables | -41933000 | 22609000 | -285.47 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | -5991000 | 100.00 |
| investments in property plant and equipment | -28658000 | -38192000 | 24.96 |
| net cash used for investing activites | -44074000 | -43623000 | -1.03 |
| debt repayment | 0 | -153682000 | 100.00 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -125932000 | -59067000 | -113.20 |
| dividends paid | -108590000 | -39534000 | -174.67 |
| net cash used provided by financing activities | 1978000 | -252283000 | 100.78 |
| cash at end of period | 651555000 | 921227000 | -29.27 |
| accounts receivables | 0 | 0 | NaN |
| cash at beginning of period | 921227000 | 861561000 | 6.93 |
Net Change in Cash: Net Change in Cash decreased to -270 million in 2024 from 60 million in 2023 representing a change of -551.97%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow decreased to -228 million in 2024 from 356 million in 2023 representing a change of -164.0%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to -256 million in 2024 from 317 million in 2023 representing a change of -180.73%. This indicates a decrease in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure increased to -29 million in 2024 from -38 million in 2023 representing a change of 24.96%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Stock-Based Compensation: Stock-Based Compensation increased to 26 million in 2024 from 23 million in 2023 representing a change of 14.65%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables increased to 42 million in 2024 from 23 million in 2023 representing a change of -285.47%. This indicates that the company has increased its outstanding obligations to its suppliers.
Dividends Paid: Dividends Paid decreased to -109 million in 2024 from -40 million in 2023 representing a change of -174.67%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000833079 | |||
| operating cash flow | -91996000 | -117947000 | 22.00 |
| free cash flow | -100012000 | -124847000 | 19.89 |
| capital expenditure | -8016000 | -6900000 | -16.17 |
| depreciation and amortization | 6546000 | 6774000 | -3.37 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 8473000 | 4718000 | 79.59 |
| accounts receivables | -24237000 | -29532000 | 17.93 |
| accounts payables | 34352000 | -40633000 | 184.54 |
| inventory | 407750000 | -219577000 | 285.70 |
| acquisitions net | -130000 | 51000 | -354.90 |
| investments in property plant and equipment | -8016000 | -6900000 | -16.17 |
| net cash used for investing activites | -11798000 | -11874000 | 0.64 |
| debt repayment | -405000 | 261992000 | -100.15 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -29999000 | 0 | NaN |
| dividends paid | -27135000 | -27245000 | 0.40 |
| net cash used provided by financing activities | -57568000 | 217444000 | -126.47 |
| net change in cash | -161362000 | 87623000 | -284.15 |
| cash at end of period | 831559000 | 992921000 | -16.25 |
| cash at beginning of period | 992921000 | 905298000 | 9.68 |
Net Change in Cash: Net Change in Cash decreased to -161 million in 2024Q3 from 88 million in 2024Q2 representing a change of -284.15%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Stock-Based Compensation: Stock-Based Compensation increased to 8 million in 2024Q3 from 5 million in 2024Q2 representing a change of 79.59%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Receivables: Accounts Receivables increased to -24 in 2024Q3 from -30 million in 2024Q2 representing a change of 17.93%. This suggests that the company is less capable of collecting payments from its customers.
Operating Cash Flow: Operating Cash Flow increased to -92 million in 2024Q3 from -118 million in 2024Q2 representing a change of 22.0%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to -100 million in 2024Q3 from -125 million in 2024Q2 representing a change of 19.89%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to -8 million in 2024Q3 from -7 million in 2024Q2 representing a change of -16.17%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Accounts Payables: The absolute value of Accounts Payables decreased to 34 million in 2024Q3 from 41 million in 2024Q2 representing a change of 184.54%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Dividends Paid: Dividends Paid increased to -27 million in 2024Q3 from -27 million in 2024Q2 representing a change of 0.4%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q4 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2024-12-31 | 2023-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2024 | 2023 | NaN |
| revenue per share | 175.61 | 167.63 | 4.77 |
| net income per share | 21.7 | 20.17 | 7.54 |
| operating cash flow per share | -6.28 | 9.71 | -164.68 |
| free cash flow per share | -7.07 | 8.67 | -181.58 |
| cash per share | None | 25.16 | NaN |
| book value per share | None | 125.94 | NaN |
| tangible book value per share | None | 119.97 | NaN |
| shareholders equity per share | None | 125.94 | NaN |
| interest debt per share | None | 29.01 | NaN |
| market cap | 2787064580 | 3189514900 | -12.62 |
| enterprise value | None | 3330542900 | NaN |
| pe ratio | 3.55 | 4.32 | -17.89 |
| price to sales ratio | 0.44 | 0.52 | -15.72 |
| pocfratio | -12.25 | 8.97 | -236.53 |
| pfcf ratio | -10.88 | 10.05 | -208.23 |
| pb ratio | 0 | 0.69 | -100.00 |
| ptb ratio | 0 | 0.69 | -100.00 |
| ev to sales | None | 0.54 | NaN |
| enterprise value over ebitda | None | 3.42 | NaN |
| ev to operating cash flow | None | 9.37 | NaN |
| ev to free cash flow | None | 10.49 | NaN |
| earnings yield | 0.28 | 0.23 | 21.79 |
| free cash flow yield | -0.09 | 0.1 | -192.39 |
| debt to equity | 0 | 0.23 | -100.00 |
| debt to assets | 0 | 0.17 | -100.00 |
| net debt to ebitda | None | 0.14 | NaN |
| current ratio | 0 | 9.38 | -100.00 |
| interest coverage | 0 | 0 | NaN |
| income quality | -0.29 | 0.48 | -160.14 |
| dividend yield | 0.04 | 0.01 | 214.34 |
| payout ratio | 0.14 | 0.05 | 158.10 |
| sales general and administrative to revenue | 0.04 | 0.04 | -3.91 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0.03 | -100.00 |
| capex to operating cash flow | -0.13 | 0.11 | -217.24 |
| capex to revenue | 0.0 | 0.01 | -27.62 |
| capex to depreciation | 1.1 | 1.51 | -26.77 |
| stock based compensation to revenue | 0.0 | 0.0 | 10.59 |
| graham number | None | 239.1 | NaN |
| roic | 0 | 0.12 | -100.00 |
| return on tangible assets | 0 | 0.12 | -100.00 |
| graham net net | None | 47.54 | NaN |
| working capital | None | 5379235000 | NaN |
| tangible asset value | None | 4393316000 | NaN |
| net current asset value | None | 4279620000 | NaN |
| invested capital | None | 5698047000 | NaN |
| average receivables | None | 240995499.5 | NaN |
| average payables | None | 272458500 | NaN |
| average inventory | None | 4539777000 | NaN |
| days sales outstanding | None | 15.87 | NaN |
| days payables outstanding | None | 21.47 | NaN |
| days of inventory on hand | None | 373.12 | NaN |
| receivables turnover | 0 | 22.99 | -100.00 |
| payables turnover | 0 | 17.0 | -100.00 |
| inventory turnover | 0 | 0.98 | -100.00 |
| roe | 0 | 0.16 | -100.00 |
| capex per share | 0.79 | 1.04 | -24.17 |
ROE: Return on Equity (ROE) decreased to 0.00 on 2024-12-31 from 0.16 on 2023-12-31, representing a change of -100.00%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 3.55 on 2024-12-31 from 4.32 on 2023-12-31, representing a change of -17.89%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.00 on 2024-12-31 from 9.38 on 2023-12-31, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-12-31 from 0.23 on 2023-12-31, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
| 2024-12-31 Q4 | 2024-09-30 Q3 | Q/Q change % | |
|---|---|---|---|
| MTH | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 44.7 | 43.85 | 1.93 |
| net income per share | 4.78 | 5.41 | -11.58 |
| operating cash flow per share | None | -2.54 | NaN |
| free cash flow per share | None | -2.76 | NaN |
| cash per share | 18.05 | 22.95 | -21.36 |
| book value per share | 142.45 | 138.84 | 2.60 |
| tangible book value per share | 136.82 | 133.22 | 2.71 |
| shareholders equity per share | 142.45 | 138.84 | 2.60 |
| interest debt per share | 36.2 | 37.86 | -4.39 |
| market cap | 2775989540 | 3714614040 | -25.27 |
| enterprise value | 3430969540 | 4254595040 | -19.36 |
| pe ratio | 4.02 | 4.74 | -15.18 |
| price to sales ratio | 1.72 | 2.34 | -26.42 |
| pocfratio | 0 | -40.38 | 100.00 |
| pfcf ratio | 0 | -37.14 | 100.00 |
| pb ratio | 0.54 | 0.74 | -26.89 |
| ptb ratio | 0.54 | 0.74 | -26.89 |
| ev to sales | 2.13 | 2.68 | -20.60 |
| enterprise value over ebitda | 11.36 | 16.59 | -31.53 |
| ev to operating cash flow | 0 | -46.25 | 100.00 |
| ev to free cash flow | 0 | -42.54 | 100.00 |
| earnings yield | 0.06 | 0.05 | 17.89 |
| free cash flow yield | None | -0.03 | NaN |
| debt to equity | 0.25 | 0.27 | -6.81 |
| debt to assets | 0.18 | 0.19 | -5.53 |
| net debt to ebitda | 2.17 | 2.11 | 2.99 |
| current ratio | 4.27 | 10.17 | -58.00 |
| interest coverage | 0 | 0 | NaN |
| income quality | 0 | -0.47 | 100.00 |
| dividend yield | None | 0.01 | NaN |
| payout ratio | None | 0.14 | NaN |
| sales general and administrative to revenue | 0.04 | 0.04 | 12.67 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.03 | 0.03 | -1.17 |
| capex to operating cash flow | 0 | -0.09 | 100.00 |
| capex to revenue | None | 0.01 | NaN |
| capex to depreciation | 0 | 1.22 | -100.00 |
| stock based compensation to revenue | None | 0.01 | NaN |
| graham number | 123.82 | 130.0 | -4.75 |
| roic | 0.37 | 0.03 | 1164.97 |
| return on tangible assets | 0.02 | 0.03 | -12.66 |
| graham net net | -32.62 | 46.97 | -169.44 |
| working capital | 695360000 | 6116291000 | -88.63 |
| tangible asset value | 4938480000 | 4825994000 | 2.33 |
| net current asset value | -1113244000 | 4709400000 | -123.64 |
| invested capital | 945738000 | 6367318000 | -85.15 |
| average receivables | 271610500 | 272538000 | -0.34 |
| average payables | 249940000 | 293591500 | -14.87 |
| average inventory | 2728551500 | 5394442500 | -49.42 |
| days sales outstanding | 14.3 | 16.26 | -12.06 |
| days payables outstanding | 15.38 | 21.57 | -28.72 |
| days of inventory on hand | 0 | 409.65 | -100.00 |
| receivables turnover | 6.29 | 5.54 | 13.71 |
| payables turnover | 5.85 | 4.17 | 40.29 |
| inventory turnover | 0 | 0.22 | -100.00 |
| roe | 0.03 | 0.04 | -13.81 |
| capex per share | None | 0.22 | NaN |
ROE: Return on Equity (ROE) decreased to 0.03 on 2024-12-31 Q4 from 0.04 on 2024-09-30 Q3, representing a change of -13.81%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 4.02 on 2024-12-31 Q4 from 4.74 on 2024-09-30 Q3, representing a change of -15.18%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 4.27 on 2024-12-31 Q4 from 10.17 on 2024-09-30 Q3, representing a change of -58.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.25 on 2024-12-31 Q4 from 0.27 on 2024-09-30 Q3, representing a change of -6.81%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Positive Sentiment: Discounted Cash Flow value is 157.4 which is higher than current price 74.19, indicates the company may be undervalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2025-02-20 16:15:00
SCOTTSDALE, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly cash dividend of $0.43 per share.
Sentiment: Positive
Publish Date: 2025-02-05 05:51:09
MTH's strong order growth and record backlog conversion demonstrate robust demand, despite a tough macro backdrop and high mortgage rates. Management's conservative FY25 guidance sets the stage for potential outperformance, aligning with MTH's historical trend of beating expectations. MTH's quick move-in strategy and aggressive land acquisitions position it well for future growth, particularly in high-demand entry-level segments.
Sentiment: Positive
Publish Date: 2025-01-30 23:53:11
Meritage Homes Corporation (NYSE:MTH ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Emily Tadano - Vice President, Investor Relations and ESG Steve Hilton - Executive Chairman Phillippe Lord - Chief Executive Officer Hilla Sferruzza - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Rehaut - JPMorgan Alan Ratner - Zelman & Associates John Lovallo - UBS Trevor Allinson - Wolfe Research Stephen Kim - Evercore Carl Reichardt - BTIG Susan Maklari - Goldman Sachs Alex Barron - Housing Research Center Jade Rahmani - KBW Operator Greetings. Welcome to the Meritage Homes Fourth Quarter 2024 Analyst Call.
Sentiment: Positive
Publish Date: 2025-01-30 11:10:47
MTH's fourth-quarter 2024 results are backed by its strategy of readily delivering quick-turning, affordable move-in-ready homes and operational efficiency.
Sentiment: Positive
Publish Date: 2025-01-29 21:01:22
The headline numbers for Meritage (MTH) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sentiment: Positive
Publish Date: 2025-01-29 18:57:16
Meritage Homes (MTH) came out with quarterly earnings of $4.72 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2.69 per share a year ago.
Sentiment: Neutral
Publish Date: 2025-01-29 16:30:00
SCOTTSDALE, Ariz., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced fourth quarter and full year results for the periods ended December 31, 2024.
Sentiment: Negative
Publish Date: 2025-01-27 12:41:30
MTH's fourth-quarter 2024 performance is likely to have reflected profitability pressures, lower deliveries and ASPs.
Sentiment: Positive
Publish Date: 2025-01-22 11:06:41
Meritage (MTH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sentiment: Neutral
Publish Date: 2025-01-14 09:00:00
These five stocks may deliver big dividend raises. I'm talking potential payout hikes starting at 20%.
Sentiment: Positive
Publish Date: 2025-01-13 14:03:02
John Novallo, senior homebuilder analyst at UBS, joins 'The Exchange' to discuss the impact of high rates on the housing market, his outlook for the homebuilders, and more.
Sentiment: Positive
Publish Date: 2025-01-10 13:15:49
Meritage (MTH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Sentiment: Positive
Publish Date: 2025-01-06 09:00:00
SCOTTSDALE, Ariz., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Geisha Williams as an independent director to its Board of Directors, effective immediately. Her appointment demonstrates the Company's commitment to ongoing board refreshment and increased diversity as it increases its size to 12 directors. The Board plans to consider Ms. Williams for appointment to one or more board committees over the course of the next several regularly scheduled board meetings.
Sentiment: Positive
Publish Date: 2025-01-02 11:07:47
MTH benefits from its focus on entry-level housing and efficient spec home strategy amid industry challenges.
Sentiment: Positive
Publish Date: 2024-12-17 08:00:00
SCOTTSDALE, Ariz., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest public homebuilder in the U.S., continues to live up to its brand promise of a Life.Built.Better.® in 2024 by contributing $3.3 million and sponsoring numerous community volunteer events throughout its geographic footprint. During the year, the homebuilder donated $1.5 million mainly through Meritage Cares, its philanthropic foundation, as well as additional in-kind donations to help combat food insecurity, support tree planting efforts, fund education and career development initiatives, assist military veterans and their families, and improve affordable housing supply. The Company also contributed nearly $1.8 million to fund K-12 education opportunities in Arizona, Florida, and Georgia.
Sentiment: Positive
Publish Date: 2024-12-14 01:30:53
I maintain a buy rating for Meritage Homes Corporation due to strong earnings growth outlook and favorable macro conditions, including tight housing supply and elevated mortgage rates. MTH's strategic focus on quick, move-in ready homes with a 60-day closing guarantee positions it well to capture demand in the current market. Risks include tighter regulations affecting home financing and supply chain pressures from increased new home construction.
Sentiment: Neutral
Publish Date: 2024-12-05 16:30:00
SCOTTSDALE, Ariz., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's fourth quarter 2024 results on Wednesday, January 29, 2025 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Mountain Standard Time (10:00 a.m. Eastern Standard Time) on Thursday, January 30, 2025.
Sentiment: Positive
Publish Date: 2024-12-02 15:09:25
Phillippe Lord, Meritage Homes CEO, joins CNBC's 'The Exchange' to discuss what to expect in the upcoming year for home building.
Sentiment: Neutral
Publish Date: 2024-11-28 12:35:39
Meritage (MTH) reported earnings 30 days ago. What's next for the stock?
Sentiment: Positive
Publish Date: 2024-11-25 08:00:00
SCOTTSDALE, Ariz., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a two-for-one stock split of Meritage's common stock in the form of a stock dividend. Each stockholder of record at the close of business on December 31, 2024 will receive one additional share of common stock for each share of common stock held, payable after the close of market on January 2, 2025. Trading will begin on a split-adjusted basis on January 3, 2025.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
Get instant AI-powered professional insights:
💡Generate AI Technical Analysis ReportUnderstand the chart below:
Interpret Technical Indicators
| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
Copyright © 2024 Sirius Investors
All rights reserved
