Meritage Homes Corp. (MTH) Company Profile & Statistics

Meritage Homes Corp.
MTH
(NYSE)
Closed
185.64
+2.20 (+1.20%)
in:usd•As of: Nov 04, 2024 15:59 UTC -5
Open
185.64
High
192.13
Low
185.00

About Meritage Homes Corp.

CEO

Phillippe Lord

Headquarters

18655 north claret drive, suite 400

scottsdale, az 85255, united states

Auditor

Deloitte & Touche LLP

Employees

910

Share Holders

128

Website

www.meritagehomes.com

Industry

homebuilding

Sector

consumer durables

Company Overview

Meritage Homes Corp. is one of the leading designers and builders of single-family homes. The company primarily engages in building and selling single-family homes for entry-level, first-time, move-up, luxury and active adult buyers in historically high-growth regions of the U.S. It acquired the homebuilding operations of its predecessor company through a merger. It operates as a holding company and has no independent assets or operations. Meritage operates through 2 principal business segments: Homebuilding and Financial Services. The Homebuilding segment engages in acquiring and developing land, constructing homes, marketing and selling these constructed homes, and providing warranty and customer services in West, Central and East, across Arizona, California, Colorado, Texas, Florida, Georgia, N. Carolina, S. Carolina, and Tennessee. It also operates Carefree Title Agency, Inc. The company's Financial Services segment includes revenues and expenses from Carefree Title.

Meritage Homes Corp. Statistics

Valuation Measures

Market Capitalization ²	6.72B
Enterprise Value	7.20B
Enterprise Value/EBITDA (ttm)	7.03
Price to Earnings Ratio (ttm)	8.30
Price to Book (mrq)	1.32
Price to Sales (ttm)	1.03
Price to Cash (ytd)	8.75

Profitability

Gross Margin (ttm)	25.74%
Operating Margin (ttm)	12.63%
Profit Margin (ttm)	12.62%
Return on Equity (ttm)	16.89%
Return on Invested Capital (ttm)	13.62%
Return on Assets (ttm)	12.09%

Income Statement

Revenue (ttm)	6.43B
Revenue Per Share (ttm)	177.83
Gross Profit (ttm)	1.66B
EBITDA (ttm)³	1.02B
Net Income Avi to Common (ttm)	812.39M
Diluted EPS (ttm)	22.09

Share Statistics

Beta (5Y Monthly)	1.82
52-Week Change	43.59%
S&P500 52-Week Change	30.85%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	36.18M
Dividend Yield	1.64%
Float ⁴	35.46M
% Held by Insiders	2.00%
% Held by Institutions	98.44%

Balance Sheet

Total Cash (mrq)	831.56M
Total Cash Per Share (mrq)	22.98
Total Debt (mrq)	1.31B
Total Debt/Equity (mrq)	26.13%
Current Ratio (mrq)	1.75%
Quick Ratio (mrq)	1.75%
Book Value Per Share (mrq)	139.02

Cash Flow

Operating Cash Flow Per Share (ytd)	-3.49
Free Cash Flow (ytd)	-149.01M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Meritage Homes Corp.

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