|Bid||73.46 x 1000|
|Ask||73.82 x 1000|
|Day's range||73.33 - 75.44|
|52-week range||25.24 - 79.26|
|Beta (5Y monthly)||1.74|
|PE ratio (TTM)||9.67|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||26 Dec 1996|
|1y target est||N/A|
Zacks.com featured highlights include: Keurig Dr Pepper, Hologic, Meritage Homes, Vistra Energy and Sally Beauty
The surge in May sales of new homes is an indication that the worst is over and buyers are once again rushing to the housing market.
Meritage Homes' (MTH) business is benefiting from strategic initiatives and strong order growth. Yet, coronavirus-led shutdown may put pressure on the upcoming results.
Meritage (MTH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Shares of homebuilders KB Home (NYSE: KBH), Meritage Homes (NYSE: MTH), and Beazer Homes USA (NYSE: BZH) popped more than 25% in May, according to data provided by S&P Global Market Intelligence. KB's shares were up 26.1%, Meritage's rose 32.2%, and Beazer's jumped an impressive 39.5% in a month that saw the S&P 500 creep up by only 4.5%. After March's stock market crash, May's gains pushed two of the three companies back into positive territory for the year.
The homebuilding sector has suffered a lot amid COVID-19 and is likely to see meaningful sales and price decline ahead. However, credit conditions and valuations are cheaper.
What happened Shares of major homebuilders have soared today after the National Association of Home Builders (NAHB) released its NAHB Housing Market Index (HMI), which showed an uptick in sentiment for May.
Shareholders in Meritage Homes Corporation (NYSE:MTH) may be thrilled to learn that the analysts have just delivered a...
Just hours after D.R. Horton posted its analyst-thumping sales and earnings results for its fiscal second quarter of 2020 yesterday, smaller homebuilder Meritage Homes (NYSE: MTH) had some good news of its own to share. Reporting after close of trading Tuesday, Meritage said its fiscal first-quarter earnings (the two companies operate on different calendars) were far better than the $1.28 per share analysts had predicted. In fact, earning $1.83 per share on sales of $890.4 million, Meritage beat earnings by 43%, and beat on sales as well.
It is hard to get excited after looking at Meritage Homes' (NYSE:MTH) recent performance, when its stock has declined...
In this commentary, I will examine Meritage Homes Corporation's (NYSE:MTH) latest earnings update (31 December 2019...
Unfortunately for some shareholders, the Meritage Homes (NYSE:MTH) share price has dived 38% in the last thirty days...
One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...
In this article we are going to estimate the intrinsic value of Meritage Homes Corporation (NYSE:MTH) by projecting...
The Zacks Analyst Blog Highlights: Meritage Homes, Cable One, GoDaddy, Pacira and Great Lakes Dredge