Meritage Homes Corporatio... (MTH)
Meritage Homes Statistics
Share Statistics
Meritage Homes has 71.77M shares outstanding. The number of shares has increased by -1.2% in one year.
| Shares Outstanding | 71.77M |
| Shares Change (YoY) | -1.2% |
| Shares Change (QoQ) | -0.82% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 69.9M |
| Failed to Deliver (FTD) Shares | 10.78K |
| FTD / Avg. Volume | 1.11% |
Short Selling Information
The latest short interest is 2.72M, so 3.76% of the outstanding shares have been sold short.
| Short Interest | 2.72M |
| Short % of Shares Out | 3.76% |
| Short % of Float | 3.86% |
| Short Ratio (days to cover) | 2.46 |
Valuation Ratios
The PE ratio is undefined and the forward PE ratio is 7.72. Meritage Homes's PEG ratio is undefined.
| PE Ratio | undefined |
| Forward PE | 7.72 |
| PS Ratio | 0.88 |
| Forward PS | 0.6 |
| PB Ratio | 1.08 |
| P/FCF Ratio | undefined |
| PEG Ratio | undefined |
Enterprise Valuation
Meritage Homes Corporation has an Enterprise Value (EV) of 6.52B.
| EV / Earnings | 8.29 |
| EV / Sales | 1.02 |
| EV / EBITDA | 6.34 |
| EV / EBIT | 4.83 |
| EV / FCF | -25.45 |
Financial Position
The company has a current ratio of 4.27, with a Debt / Equity ratio of undefined.
| Current Ratio | 4.27 |
| Quick Ratio | 4.27 |
| Debt / Equity | undefined |
| Total Debt / Capitalization | 20.26 |
| Cash Flow / Debt | -0.17 |
| Interest Coverage | undefined |
Financial Efficiency
Return on equity (ROE) is 0.15% and return on capital (ROIC) is 16.4%.
| Return on Equity (ROE) | 0.15% |
| Return on Assets (ROA) | 0.11% |
| Return on Capital (ROIC) | 16.4% |
| Revenue Per Employee | $3,352,935.72 |
| 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 | 0.22 |
Stock Price Statistics
The stock price has increased by -17.69% in the last 52 weeks. The beta is 1.92, so Meritage Homes's price volatility has been higher than the market average.
| Beta | 1.92 |
| 52-Week Price Change | -17.69% |
| 50-Day Moving Average | 74.84 |
| 200-Day Moving Average | 86.88 |
| Relative Strength Index (RSI) | 43.84 |
| Average Volume (20 Days) | 971.24K |
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 | 1.35B |
| 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 $1.93, which amounts to a dividend yield of 2.74%.
| Dividend Per Share | $1.93 |
| Dividend Yield | 2.74% |
| Dividend Growth (YoY) | 14.67% |
| Payout Ratio | 18.05% |
| Earnings Yield | 15.32% |
| FCF Yield | -5.04% |
Analyst Forecast
The average price target for MTH is $63.75, which is -10% lower than the current price. The consensus rating is "Hold".
| Price Target | $63.75 |
| Price Target Difference | -10% |
| 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 | 3.99 |
| Piotroski F-Score | 3 |