Meritage Homes Statistics
Share Statistics
Meritage Homes has 71.83M
shares outstanding. The number of shares has increased by -1.2%
in one year.
| Shares Outstanding | 71.83M |
| Shares Change (YoY) | -1.2% |
| Shares Change (QoQ) | -0.82% |
| Owned by Institutions (%) | 99.13% |
| Shares Floating | n/a |
| Failed to Deliver (FTD) Shares | 30,621 |
| FTD / Avg. Volume | 3.28% |
Short Selling Information
The latest short interest is 2.51M, so 3.49% of the outstanding
shares have been sold short.
| Short Interest | 2.51M |
| Short % of Shares Out | 3.49% |
| Short % of Float | 3.57% |
| Short Ratio (days to cover) | 2.99 |
Valuation Ratios
The PE ratio is 7.09 and the forward
PE ratio is 6.9.
Meritage Homes's PEG ratio is
-0.15.
| PE Ratio | 7.09 |
| Forward PE | 6.9 |
| PS Ratio | 0.87 |
| Forward PS | 0.5 |
| PB Ratio | 1.08 |
| P/FCF Ratio | -21.75 |
| PEG Ratio | -0.15 |
Financial Ratio HistoryEnterprise Valuation
Meritage Homes has an Enterprise Value (EV) of 6.31B.
| EV / Sales | 0.99 |
| EV / EBITDA | 6.15 |
| EV / EBIT | -27.75 |
| EV / FCF | -24.64 |
Financial Position
The company has a current ratio of 11.44,
with a Debt / Equity ratio of 0.27.
| Current Ratio | 11.44 |
| Quick Ratio | 11.44 |
| Debt / Equity | 0.27 |
| Debt / EBITDA | 1.36 |
| Debt / FCF | -5.43 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 15.29% and Return on Invested Capital is 11.44%.
| Return on Equity | 15.29% |
| Return on Assets | 10.98% |
| Return on Invested Capital | 11.44% |
| Revenue Per Employee | $3,368,250.26 |
| Profits Per Employee | $414,218.12 |
| Employee Count | 1,898 |
| Asset Turnover | 0.89 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 216.68M |
| Effective Tax Rate | 21.61% |
Stock Price Statistics
The stock price has increased by -25.5% in the
last 52 weeks. The beta is 1.5, so Meritage Homes's
price volatility has been higher than the market average.
| Beta | 1.5 |
| 52-Week Price Change | -25.5% |
| 50-Day Moving Average | 67.28 |
| 200-Day Moving Average | 82.14 |
| Relative Strength Index (RSI) | 43.74 |
| Average Volume (20 Days) | 934,661 |
Income Statement
In the last 12 months, Meritage Homes had revenue of 6.39B
and earned 786.19M
in profits. Earnings per share was 10.85.
| Revenue | 6.39B |
| Gross Profit | 1.6B |
| Operating Income | 958.35M |
| Net Income | 786.19M |
| EBITDA | 1.03B |
| EBIT | 1B |
| Earnings Per Share (EPS) | 10.85 |
Full Income StatementBalance Sheet
The company has 651.55M in cash and 1.39B in
debt, giving a net cash position of -740.15M.
| Cash & Cash Equivalents | 651.55M |
| Total Debt | 1.39B |
| Net Cash | -740.15M |
| Retained Earnings | 5B |
| Total Assets | 7.7B |
| Working Capital | 6.75B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -227.58M
and capital expenditures -28.66M, giving a free cash flow of -256.23M.
| Operating Cash Flow | -227.58M |
| Capital Expenditures | -28.66M |
| Free Cash Flow | -256.23M |
| FCF Per Share | -3.54 |
Full Cash Flow StatementMargins
Gross margin is 25%, with operating and profit margins of 14.99% and 12.3%.
| Gross Margin | 25% |
| Operating Margin | 14.99% |
| Pretax Margin | 15.69% |
| Profit Margin | 12.3% |
| EBITDA Margin | 16.06% |
| EBIT Margin | 14.99% |
| FCF Margin | -4.01% |
Dividends & Yields
MTH pays an annual dividend of $1.61,
which amounts to a dividend yield of 2.55%.
| Dividend Per Share | $1.61 |
| Dividend Yield | 2.55% |
| Dividend Growth (YoY) | 14.67% |
| Payout Ratio | 16.3% |
| Earnings Yield | 14.1% |
| FCF Yield | -4.6% |
Dividend DetailsAnalyst Forecast
The average price target for MTH is $70,
which is 8.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $70 |
| Price Target Difference | 8.9% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Stock ForecastsStock Splits
The last stock split was on Jan 3, 2025. It was a
forward
split with a ratio of 2:1.
| Last Split Date | Jan 3, 2025 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 4.28 |
| Piotroski F-Score | 3 |
