MTH Stock Forecast, Price Targets, Chart, Dividends & Analysis
Meritage Homes Corporation
MTH 
NYE
Sector: Consumer Cyclical
Industry: Residential Construction
154.61
USD
2.70
(1.78%)
Previous close: 151.91 Open: 151.02 Bid: 145.0 Ask: 282.99
52 week range
147.77 213.98
Mkt Cap: 5,926 M Avg Vol (90 Days): 410,428
Last updated: Sunday 22nd December 2024
Metrics
Valuation
Price per Sales TTM ($) | 0.94 |
Price per Book TTM ($) | 1.20 |
PE Ratio (TTM) | 7.56 |
Book Value per Share ($) | 139.02 |
5 Year PE Range | NA , NA |
Returns
7 Day Return | -7.05% | |
1 Month Return | -12.59% | |
3 Month Return | -24.56% | |
1 Year Return | -9.34% | |
3 Year Return | 34.78% | |
5 Year Return | 156.07% | |
YTD Return | -11.25% |
Risk
Dividends
Analyst Estimates
Financial Health
Technicals
RSI (14 Day) | 28.05 |
14 Day SMA ($) | 173.13 |
14 Day EMA ($) | 169.33 |
Money Flow Index | 82.39 |
Average True Range | 6.34 |
50 Day SMA ($) | 183.27 |
200 Day SMA ($) | 179.38 |
ADX | 25.53 |
MACD | 3.02 |
Growth
Free Cash Flow QoQ Growth | 0.00% |
Free Cash Flow YoY Growth | 0.00% |
Revenue YoY Growth | 0.00% |
EPS QoQ Growth | 0.00% |
Revenue QoQ Growth | 0.00% |
EPS YoY Growth | 0.00% |
Profitability
Financials
MTH Income Statement
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AcquiredInProcessRnD | 4 M | |||||||||
| AcquiredInProcessRnDIncome | 4 M | |||||||||
| Amortization of intangibles | 33 M | 33 M | 33 M | 33 M | 33 M | |||||
| Basic EPS from continuing operations | 6.55 | 11.23 | 19.61 | 27.04 | 20.17 | |||||
| Basic EPS total | 3.65 | 3.25 | 3.74 | 3.56 | 5.67 | 6.55 | 11.23 | 19.61 | 27.04 | 20.17 |
| Basic weighted shares outstanding | 39 M | 40 M | 40 M | 40 M | 40 M | 38 M | 38 M | 38 M | 37 M | 37 M |
| CommissionExpenses | 12 M | |||||||||
| Cost of sales | 1,689 M | -23 M | -36 M | -42 M | 7 M | 3,530 M | 3,712 M | 4,495 M | 4,619 M | |
| Depletion | 1,689 M | 2,050 M | ||||||||
| Depreciation | -13 M | -14 M | -16 M | -16 M | 17 M | 19 M | 15 M | 23 M | 24 M | |
| Depreciation unreconciled | 1,689 M | 2,050 M | ||||||||
| DepreciationAndAmortization | -13 M | -14 M | -16 M | -16 M | 17 M | 19 M | 15 M | 23 M | 24 M | |
| Diluted EPS total | 3.46 | 3.09 | 3.55 | 3.41 | 5.58 | 6.42 | 11.0 | 19.29 | 26.74 | 19.93 |
| Diluted normalized net income/share | 6.42 | 11.0 | 19.29 | 26.74 | 19.93 | |||||
| Diluted weighted shares outstanding | 42 M | 42 M | 43 M | 42 M | 41 M | 39 M | 38 M | 38 M | 37 M | 37 M |
| Dividends paid per share | 1.08 | |||||||||
| Earnings from equity interest | -447000.0 | 19 M | 38 M | 16 M | 16 M | 12 M | 4 M | 5 M | 6 M | 6 M |
| EarningsFromEquityInterestNetOfTax | -447000.0 | 19 M | 38 M | 16 M | 16 M | 12 M | 4 M | 5 M | 6 M | 6 M |
| ExciseTaxes | 2,475 M | |||||||||
| GainOnSaleOfBusiness | 13 M | |||||||||
| GeneralAndAdministrativeExpense | 105 M | 113 M | 147 M | 124 M | 138 M | 146 M | 159 M | 181 M | 193 M | 232 M |
| Gross operating profit | 453 M | 489 M | 2 M | 4 M | -3 M | 3,644 M | 976 M | 1,435 M | 1,803 M | 1,519 M |
| Income before tax | 208 M | 189 M | 218 M | 248 M | 283 M | 303 M | 534 M | 955 M | 1,289 M | 949 M |
| Income restructuring and M&A | 8 M | |||||||||
| Income taxes | 95 M | 61 M | 69 M | 104 M | 56 M | 53 M | 110 M | 217 M | 297 M | 211 M |
| Interest income | 10 M | 11 M | 13 M | 14 M | ||||||
| InterestExpenseNonOperating | 10 M | 21 M | 11 M | 4 M | 785000.0 | 8 M | 2 M | 318000.0 | 41000.0 | |
| InterestExpenseOperating | -830000.0 | -10 M | -2 M | -570000.0 | -4 M | -11 M | -355000.0 | 249000.0 | 2 M | 1 M |
| InterestIncomeOperating | 2 M | 13 M | 2 M | 941000.0 | ||||||
| MarketingExpense | 28 M | |||||||||
| MiscOtherSpecialCharges | 7 M | -946000.0 | 20 M | 6 M | 11 M | 4 M | 7 M | -13 M | 3 M | 47 M |
| Net income from total operations | 131 M | 129 M | 150 M | 710 M | 857 M | 250 M | 423 M | 737 M | 992 M | 739 M |
| NetIncomeCommonStockholders | 131 M | 129 M | 150 M | 710 M | 857 M | 930 M | 423 M | 737 M | 992 M | 739 M |
| NetIncomeContinuousOperations | 131 M | 129 M | 150 M | 710 M | 857 M | 250 M | 423 M | 737 M | 992 M | 739 M |
| NetNonOperatingInterestIncomeExpense | 146000.0 | -10 M | 2 M | -4 M | -785000.0 | -8 M | -2 M | -318000.0 | -41000.0 | |
| NonRecurringOperationExpense | -5 M | 5 M | 5 M | |||||||
| Normalized income | 750 M | |||||||||
| Operating income | 220 M | 187 M | 192 M | 796 M | 887 M | 976 M | 1,496 M | 2,386 M | 3,082 M | 2,409 M |
| Operating income before depreciation (EBITDA) | 229 M | 215 M | 243 M | 268 M | 307 M | 328 M | 567 M | 981 M | 1,314 M | 975 M |
| OperatingExpense | 1,950 M | 2,381 M | 362 M | 346 M | 380 M | 400 M | 447 M | 476 M | 516 M | 617 M |
| Other income net | -6 M | 946000.0 | -20 M | -22 M | -28 M | -16 M | -7 M | 13 M | 3 M | 47 M |
| Other special charges | 2,625 M | |||||||||
| OtherGandA | 105 M | 113 M | 147 M | 124 M | 138 M | 146 M | 159 M | 181 M | 193 M | 232 M |
| OtherImpairmentOfCapitalAssets | 36 M | 7 M | 25 M | 2 M | 200000.0 | |||||
| OtherOperatingExpenses | 7 M | 8 M | 8 M | 8 M | 9 M | |||||
| OtherTaxes | 30 M | 7 M | 9 M | |||||||
| OtherWriteOff | 8 M | 9 M | ||||||||
| PromotionAndAdvertising | -12 M | 30 M | -15 M | -16 M | -15 M | 15 M | 11 M | 8 M | 12 M | 15 M |
| RentAndLandingFees | 105 M | 113 M | 124 M | 124 M | 138 M | |||||
| RestructringAndMnAIncome | 8 M | |||||||||
| Revenue per share | 33 M | 33 M | 33 M | 33 M | 33 M | |||||
| SalariesAndWages | -12 M | -16 M | -14 M | -12 M | -17 M | |||||
| Selling Gen & administrative expense | 261 M | 331 M | 362 M | 346 M | 380 M | 393 M | 447 M | 467 M | 516 M | 629 M |
| SellingAndMarketingExpense | 157 M | 218 M | 215 M | 222 M | 242 M | 247 M | 288 M | 285 M | 323 M | 397 M |
| SellingExpense | 157 M | 188 M | 215 M | 222 M | 242 M | |||||
| Special income/charges | 4 M | -2,625 M | 5 M | -5 M | -8 M | |||||
| Total Income available for interest expense (EBIT) | 218 M | 201 M | 227 M | 251 M | 280 M | 301 M | 536 M | 955 M | 1,289 M | 949 M |
| Total common shares outstanding | 79 M | 80 M | 80 M | 81 M | 76 M | 76 M | 38 M | 37 M | 37 M | 36 M |
| Total net income | 131 M | 129 M | 150 M | 710 M | 857 M | 250 M | 423 M | 737 M | 992 M | 739 M |
| Total ordinary shares | 36 M | 36 M | 36 M | 36 M | 36 M | 36 M | 36 M | 36 M | 36 M | 36 M |
| Total revenues | 2,170 M | 2,568 M | 3,029 M | 6,468 M | 7,042 M | 7,317 M | 8,988 M | 10,267 M | 12,567 M | 12,251 M |
| TotalExpenses | 1,950 M | 2,381 M | 339 M | 310 M | 339 M | 406 M | 455 M | 485 M | 5,012 M | 5,235 M |
| TotalRevenue | 2,170 M | 2,568 M | 26 M | 40 M | 39 M | 3,650 M | 4,506 M | 5,147 M | 6,298 M | 6,138 M |
| WriteOff | 2,475 M |
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