Meritage Homes Corp
General ticker "MTH" information:
- Sector: Consumer Discretionary
- Industry: Household Durables
- Capitalization: $6.5B
Meritage Homes Corp follows the US Stock Market performance with the rate: 47.6%.
Estimated limits based on current volatility of 2.4%: low 151.24$, high 158.75$
Factors to consider:
- Company pays dividends: last record date 2024-12-17, amount 0.75$ (Y1.94%)
- Company does not operate outside North America (retrieved using AI)
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [143.06$, 204.65$]
- 2024-12-30 to 2025-12-30 estimated range: [152.93$, 218.18$]
Financial Metrics affecting the MTH estimates:
- Positive: Non-GAAP EPS, $ of 19.94 > 2.29
- Negative: Inventory ratio change, % of 2.74 > 1.08
- Positive: 9.05 < Operating profit margin, % of 15.07
- Positive: Interest expense per share, $ of 0 <= 0
- Positive: Industry inventory ratio change (median), % of -2.50 <= -0.39
Short-term MTH quotes
Long-term MTH plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $5,147.33MM | $6,298.15MM | $6,138.26MM |
| Operating Expenses | $4,173.99MM | $5,008.80MM | $5,235.87MM |
| Operating Income | $973.34MM | $1,289.36MM | $902.39MM |
| Non-Operating Income | $-18.51MM | $-0.04MM | $47.04MM |
| Interest Expense | $0.32MM | $0.04MM | $0.00MM |
| Income(Loss) | $954.83MM | $1,289.32MM | $949.43MM |
| Taxes | $217.39MM | $297.13MM | $210.68MM |
| Profit(Loss) | $737.44MM | $992.19MM | $738.75MM |
| Stockholders Equity | $3,044.39MM | $3,949.61MM | $4,611.90MM |
| Inventory | $3,734.41MM | $4,358.26MM | $4,721.29MM |
| Assets | $4,807.53MM | $5,772.10MM | $6,353.13MM |
| Operating Cash Flow | $-152.09MM | $405.27MM | $355.57MM |
| Capital expenditure | $25.66MM | $26.97MM | $38.19MM |
| Investing Cash Flow | $-26.82MM | $-32.29MM | $-43.62MM |
| Financing Cash Flow | $51.63MM | $-129.76MM | $-252.28MM |
| Earnings Per Share* | $19.61 | $27.04 | $20.17 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.