Meritage Homes Corporatio... (MTH)
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 | 69.91M |
| Failed to Deliver (FTD) Shares | 26.05K |
| FTD / Avg. Volume | 2.37% |
Short Selling Information
The latest short interest is 2.18M, so 3.03% of the outstanding shares have been sold short.
| Short Interest | 2.18M |
| Short % of Shares Out | 3.03% |
| Short % of Float | 4.37% |
| Short Ratio (days to cover) | 2.61 |
Valuation Ratios
The PE ratio is 7.09 and the forward PE ratio is 6.12. Meritage Homes's PEG ratio is -0.15.
| PE Ratio | 7.09 |
| Forward PE | 6.12 |
| PS Ratio | 0.88 |
| Forward PS | 0.5 |
| PB Ratio | 1.08 |
| P/FCF Ratio | -21.75 |
| PEG Ratio | -0.15 |
Enterprise Valuation
Meritage Homes has an Enterprise Value (EV) of 6.23B.
| EV / Sales | 0.98 |
| EV / EBITDA | 6.05 |
| EV / EBIT | -27.37 |
| EV / FCF | -24.31 |
Financial Position
The company has a current ratio of 4.27, with a Debt / Equity ratio of 0.25.
| Current Ratio | 4.27 |
| Quick Ratio | 4.27 |
| Debt / Equity | 0.25 |
| Debt / EBITDA | 1.27 |
| Debt / FCF | -5.1 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 15.29% and Return on Invested Capital is 102.77%.
| Return on Equity | 15.29% |
| Return on Assets | 10.98% |
| Return on Invested Capital | 102.77% |
| Revenue Per Employee | $3.35M |
| Profits Per Employee | $414.22K |
| 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 -14.91% in the last 52 weeks. The beta is 1.7, so Meritage Homes's price volatility has been higher than the market average.
| Beta | 1.7 |
| 52-Week Price Change | -14.91% |
| 50-Day Moving Average | 70.97 |
| 200-Day Moving Average | 85.79 |
| Relative Strength Index (RSI) | 41.88 |
| Average Volume (20 Days) | 1.1M |
Income Statement
In the last 12 months, Meritage Homes had revenue of 6.36B and earned 786.19M in profits. Earnings per share was 10.85.
| Revenue | 6.36B |
| Gross Profit | 1.58B |
| Operating Income | 1.35B |
| Net Income | 786.19M |
| EBITDA | 1.03B |
| EBIT | 1B |
| Earnings Per Share (EPS) | 10.85 |
Balance Sheet
The company has 651.55M in cash and 1.31B in debt, giving a net cash position of -654.98M.
| Cash & Cash Equivalents | 651.55M |
| Total Debt | 1.31B |
| Net Cash | -654.98M |
| Retained Earnings | 5B |
| Total Assets | 7.16B |
| Working Capital | 695.36M |
Cash 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 |
Margins
Gross margin is 24.83%, with operating and profit margins of 21.2% and 12.35%.
| Gross Margin | 24.83% |
| Operating Margin | 21.2% |
| Pretax Margin | 15.76% |
| Profit Margin | 12.35% |
| EBITDA Margin | 16.17% |
| EBIT Margin | 21.2% |
| FCF Margin | -4.03% |
Dividends & Yields
MTH pays an annual dividend of $1.55, which amounts to a dividend yield of 2.21%.
| Dividend Per Share | $1.55 |
| Dividend Yield | 2.21% |
| Dividend Growth (YoY) | 14.67% |
| Payout Ratio | 14.51% |
| Earnings Yield | 14.1% |
| FCF Yield | -4.6% |
Analyst Forecast
The average price target for MTH is $63.75, which is -1.5% lower than the current price. The consensus rating is "Hold".
| Price Target | $63.75 |
| Price Target Difference | -1.5% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
Stock 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 | 3.83 |
| Piotroski F-Score | 3 |