Meritage Homes Corporation Statistics
Share Statistics
Meritage Homes Corporation has 71.80M shares outstanding. The number of shares has increased by 0.03% in one year.
| Shares Outstanding | 71.80M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.41% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 70.59M |
| Failed to Deliver (FTD) Shares | 11 |
| FTD / Avg. Volume | 0% |
Short Selling Information
The latest short interest is 1.13M, so 3.13% of the outstanding shares have been sold short.
| Short Interest | 1.13M |
| Short % of Shares Out | 3.13% |
| Short % of Float | 3.21% |
| Short Ratio (days to cover) | 3.06 |
Valuation Ratios
The PE ratio is 4.32 and the forward PE ratio is 8.36. Meritage Homes Corporation's PEG ratio is 0.29.
| PE Ratio | 4.32 |
| Forward PE | 8.36 |
| PS Ratio | 0.52 |
| Forward PS | 0.8 |
| PB Ratio | 0.69 |
| P/FCF Ratio | 10.05 |
| PEG Ratio | 0.29 |
Enterprise Valuation
Meritage Homes Corporation has an Enterprise Value (EV) of 6.52B.
| EV / Earnings | 8.83 |
| EV / Sales | 1.06 |
| EV / EBITDA | 6.7 |
| EV / EBIT | 7.23 |
| EV / FCF | 20.54 |
Financial Position
The company has a current ratio of 9.38, with a Debt / Equity ratio of 0.22.
| Current Ratio | 9.38 |
| Quick Ratio | 2.03 |
| Debt / Equity | 0.22 |
| Total Debt / Capitalization | 17.94 |
| Cash Flow / Debt | 0.35 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.16% and return on capital (ROIC) is 12.37%.
| Return on Equity (ROE) | 0.16% |
| Return on Assets (ROA) | 0.12% |
| Return on Capital (ROIC) | 12.37% |
| Revenue Per Employee | 3.34M |
| Profits Per Employee | 401.93K |
| Employee Count | 1.84K |
| Asset Turnover | 0.97 |
| Inventory Turnover | 0.98 |
Taxes
| Income Tax | 210.68M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by -9.81% in the last 52 weeks. The beta is 1.82, so Meritage Homes Corporation's price volatility has been higher than the market average.
| Beta | 1.82 |
| 52-Week Price Change | -9.81% |
| 50-Day Moving Average | 88.2 |
| 200-Day Moving Average | 89.61 |
| Relative Strength Index (RSI) | 27.25 |
| Average Volume (20 Days) | 834.63K |
Income Statement
In the last 12 months, Meritage Homes Corporation had revenue of 6.14B and earned 738.75M in profits. Earnings per share was 20.17.
| Revenue | 6.14B |
| Gross Profit | 1.52B |
| Operating Income | 902.39M |
| Net Income | 738.75M |
| EBITDA | 972.93M |
| EBIT | 902.39M |
| Earnings Per Share (EPS) | 20.17 |
Balance Sheet
The company has 921.23M in cash and 1.06B in debt, giving a net cash position of -141.03M.
| Cash & Cash Equivalents | 921.23M |
| Total Debt | 1.06B |
| Net Cash | -141.03M |
| Retained Earnings | 4.32B |
| Total Assets | 7.10B |
| Working Capital | 6.12B |
Cash Flow
In the last 12 months, operating cash flow was 355.57M and capital expenditures -38.19M, giving a free cash flow of 317.38M.
| Operating Cash Flow | 355.57M |
| Capital Expenditures | -38.19M |
| Free Cash Flow | 317.38M |
| FCF Per Share | 8.67 |
Margins
Gross margin is 2.48K%, with operating and profit margins of 1.47K% and 1.20K%.
| Gross Margin | 2.48K% |
| Operating Margin | 1.47K% |
| Pretax Margin | 1.55K% |
| Profit Margin | 1.20K% |
| EBITDA Margin | 15.85% |
| EBIT Margin | 14.7% |
| FCF Margin | 5.17% |
Dividends & Yields
MTH pays an annual dividend of $3, which amounts to a dividend yield of 1.97%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.97% |
| Dividend Growth (YoY) | 177.78% |
| Payout Ratio | 13.57% |
| Earnings Yield | 26.64% |
| FCF Yield | 5.84% |
Analyst Forecast
The average price target for MTH is $49.25, which is -35% lower than the current price. The consensus rating is "Hold".
| Price Target | $49.25 |
| Price Target Difference | -35% |
| 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 | 5 |
| Piotroski F-Score | 4 |