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Meritage (DE:MEY)
FRANKFURT:MEY
Meritage (MEY) Stock Price & Analysis
0 Followers
MEY Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€102.34 - €163.00
Previous Close€140
Volume0.00
Average Volume (3M)16.00
Market Cap
€5.10B
Enterprise Value€5.18B
Total Cash (Recent Filing)$921.23M
Total Debt (Recent Filing)$1.01B
Price to Earnings (P/E)N/A
Beta0.95
Next Earnings
Apr 24, 2024EPS Estimate
€3.33Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.04%
Share Statistics
EPS (TTM)N/A
Shares Outstanding36,169,394
10 Day Avg. Volume1
30 Day Avg. Volume16
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.19
Price to Sales (P/S)3.06
Price to Cash Flow (P/CF)-13.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.85
Enterprise Value/Gross Profit0.85
Enterprise Value/Ebitda5.31
Forecast
1Y Price Target
€159.07Price Target Upside13.62% Upside
Rating ConsensusHold
Number of Analyst Covering6
Meritage News
PremiumPre-Earnings
Is MTH a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst anticipates a path to double-digit EPS expansion in the coming years, underpinned by organic growth and increased share repurchases.
Growth StrategyManagement's proactive strategy to secure growth by budgeting land spend ensures neighborhood expansion through 2025.
Operational EfficiencyMeritage Homes Corporation's transformation to a faster-turn, spec-focused low-end business model over the past five years is seen as a positive shift in operations.
Bears Say
Earnings PerformanceMTH reported 4Q23 EPS of $5.38, missing the analyst's $5.40 estimate.
Financial Guidance2024 EPS guidance was below expectations due to lower pricing and margins.
Revenue DeclineHome sales revenue decreased -17% yoy to $1.64B.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.96% Other Institutional Investors
99.04% Public Companies and
Individual Investors
MEY FAQ
What was Meritage’s price range in the past 12 months?
Meritage lowest stock price was €102.34 and its highest was €163.00 in the past 12 months.
What is Meritage’s market cap?
Currently, no data Available
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Apr 24, 2024 which is 5 days ago.
How were Meritage’s earnings last quarter?
Meritage released its earnings results on Jan 31, 2024. The company reported €5.044 earnings per share for the quarter, beating the consensus estimate of €4.831 by €0.213.
Is Meritage overvalued?
According to Wall Street analysts Meritage’s price is currently Undervalued.
Does Meritage pay dividends?
Meritage pays a Quarterly dividend of €0.7 which represents an annual dividend yield of 1.04%. See more information on Meritage dividends here
What is Meritage’s EPS estimate?
Meritage’s EPS estimate is €3.33.
How many shares outstanding does Meritage have?
Currently, no data Available
What happened to Meritage’s price movement after its last earnings report?
Meritage reported an EPS of €5.044 in its last earnings report, beating expectations of €4.831. Following the earnings report the stock price went down -1.29%.
Which hedge fund is a major shareholder of Meritage?
Among the largest hedge funds holding Meritage’s share is Greenhaven Associates Inc. It holds Meritage’s shares valued at 144M.
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Meritage Stock Smart Score
Underperform
1
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5
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7
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10
Analyst Consensus
Hold
Average Price Target:
€159.07 (13.62% Upside)
€159.07 (13.62% Upside)
Blogger Sentiment
Bullish
DE:MEY Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $407.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.85%
12-Months-Change
Fundamentals
Return on Equity
17.26%
Trailing 12-Months
Asset Growth
10.10%
Trailing 12-Months
Company Description
Meritage
Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses. The Financial Services segment includes the operations of the company's subsidiary, Carefree Title. Meritage Homes was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.
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MEY Company Deck
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MEY Earnings Call
Q4 2024
0:00 / 0:00
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MEY Stock 12 Months Forecast
Average Price Target
€159.07
▲(13.62% Upside)
Technical Analysis
Best Analysts Covering MEY
1 Year
1 Year Success Rate
9/12 ratings generated profit
1 Year Average Return
+39.33%
reiterated a buy rating 4 months ago
Copying John Lovallo's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +39.33% per trade.
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