Insights for Meritage Homes Corporation
New York Stock Exchange: MTH
08 - Losing Steam - very profitable & can fund turnaround

Based on PEG Ratio: Unknown
Today's Price
updated on:
66.95 (-1.75%)
Open 67.98 (-1.52%)
High (Upside %) 68.72 (2.64%)
Low (Downside %) 66.83 (0.18%)
P. Close 68.14 (-1.75%)
Open-High % 1.09%
Open-Low % 1.69%
Low-High % 2.83%
Previous Data

MTH is a Stock listed in the US on the New York Stock Exchange under the ticker 'MTH'

Company Summary

Business Units or Product Lines

Meritage Homes Corporation is primarily engaged in the design and construction of single-family homes across the United States, targeting the entry-level and first move-up markets. Its product lines include a variety of home models and communities designed to meet the needs of different demographics.

Business Models for Each Product Line

Meritage Homes generates revenue by selling newly constructed single-family homes. The major expense categories include land acquisition, construction costs, selling, general and administrative expenses, and interest expenses. They also gain revenue through various financing solutions provided to homebuyers via partnerships.

Future Opportunities for Growth

Opportunities for growth include expanding into new geographic markets and demographics, leveraging energy-efficient and smart home technologies to attract environmentally conscious buyers, and capitalizing on the continued demand for affordable housing in the U.S. market.

Potential Major Risks

Major risks include exposure to fluctuations in the housing market, increasing construction costs, regulatory changes impacting the construction industry, interest rate hikes affecting home affordability, and supply chain disruptions that can delay projects and increase costs.

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Also read: https://finance.yahoo.com/MTH/profile

Basic Stats
Market Cap-Display Market Cap-Actual Market Cap Enterprise Value-Display Enterprise Value-Actual Enterprise Value Trailing P/E Forward P/E Price/Sales Price/Book Enterprise Value/Revenue Enterprise Value/EBITDA Profit Margin Operating Margin Return on Assets Return on Equity Revenue-Display Revenue-Actual Revenue Quarterly Revenue Growth EBITDA-Display EBITDA-Actual EBITDA Diluted EPS Quarterly Earnings Growth Total Cash-Display Total Cash-Actual Total Cash Total Debt-Display Total Debt-Actual Total Debt Total Debt/Equity Current Ratio Operating Cash Flow-Display Operating Cash Flow-Actual Operating Cash Flow Levered Free Cash Flow-Display Levered Free Cash Flow-Actual Levered Free Cash Flow % Held by Insiders % Held by Institutions
4.68 B 4680000000.0 4.68 5.42 B 5420000000.0 5.42 6.08 6.72 0.75 0.91 0.85 5.27 12.29% 12.80% 8.86% 16.12% 6.4 B 6400000000.0 6.4 -2.30% 980.0 mn 984300000.0 0.98 10.72 -13.20% 650.0 mn 651560000.0 0.65 1.39 B 1390000000.0 1.39 0.2707 11.22 -230.0 mn -227580000.0 -0.23 -470.0 mn -471910000.0 -0.47 2.22% 100.16%

source:https://finance.yahoo.com/MTH/key-statistics

Upside-Downside Spread
Key Weighted 5D 1M 3M 6M 1Y 3Y 10Y
Upside % (high) 16.84% 4.27% (69.81) 7.07% (71.6825) 26.21% (84.5) 53.71% (102.91) 59.81% (106.99) 59.81% (106.99) 59.81% (106.99)
Downside % (low) 10.36% 3.35% (64.71) 11.47% (59.27) 11.47% (59.27) 11.47% (59.27) 11.47% (59.27) 53.32% (31.255) 81.15% (12.62)
Spread % 6.47% 0.93% -4.4% 14.74% 42.24% 48.33% 6.49% -21.34%

MTH's price used for computing the stats is 66.95 as on date

Cumulative Return Percent
Key Today 5D 2W 1M 3M 6M 1Y 3Y 10Y
Last Price-Trend PrevClose -1.75% -1.85% 4.5% -4.81% -17.33% -33.69% -20.99% 60.36% 204.66%
Last Price 66.95 66.95 66.95 66.95 66.95 66.95 66.95 66.95 66.95
Trend-Previous Close 68.14 68.21 64.07 70.33 80.98 100.96 84.74 41.75 21.975

MTH's symbol cumulative return percent is computed basis data from date

Return Velocity
5D 2W 1M 3M 6M 1Y
5D window
Metric Mean Median Stdev
Overall 3.41% 70.54 4.33% 71.16 4.51% 65.92 75.15
Up 4.89% 71.55 5.82% 72.18 3.76% 67.7 75.4
Down -0.91% 67.59 -0.94% 67.57 0.9% 66.67 68.51
5D Opportunity: BUY-APPROACHING
returns: -1.85% (-2.25%), p.close: 68.21
entry: 66.67, exit: 65.92, min.ret: -1.13%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 2.74% 70.08 3.69% 70.73 4.47% 65.51 74.65
Up 4.14% 71.03 4.33% 71.16 3.18% 67.78 74.28
Down -1.71% 67.05 -1.77% 67.0 1.63% 65.37 68.72
5D Opportunity: BUY-APPROACHING
returns: -1.85% (-4.16%), p.close: 68.21
entry: 65.37, exit: 65.51, min.ret: 0.21%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.29% 67.33 -1.87% 66.93 5.53% 61.67 72.99
Up 2.52% 69.93 1.08% 68.95 2.95% 66.91 72.95
Down -4.28% 65.29 -3.53% 65.81 3.74% 61.47 69.12
5D Opportunity:
returns: -1.85% (-9.88%), p.close: 68.21
entry: 61.47, exit: 61.67, min.ret: 0.33%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.25% 67.36 -1.73% 67.03 4.5% 62.75 71.96
Up 2.28% 69.76 1.39% 69.16 2.53% 67.17 72.35
Down -3.54% 65.8 -2.89% 66.24 3.12% 62.61 68.99
5D Opportunity:
returns: -1.85% (-8.21%), p.close: 68.21
entry: 62.61, exit: 62.75, min.ret: 0.23%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.3% 67.32 -1.77% 67.0 5.03% 62.18 72.46
Up 2.31% 69.79 1.08% 68.95 2.8% 66.92 72.66
Down -3.58% 65.77 -2.78% 66.31 3.35% 62.34 69.2
5D Opportunity:
returns: -1.85% (-8.61%), p.close: 68.21
entry: 62.34, exit: 62.18, min.ret: -0.26%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.16% 68.1 -0.38% 67.95 5.66% 62.31 73.89
Up 2.95% 70.22 1.55% 69.27 3.71% 66.42 74.02
Down -3.02% 66.15 -2.2% 66.71 3.14% 62.94 69.36
5D Opportunity:
returns: -1.85% (-7.72%), p.close: 68.21
entry: 62.94, exit: 62.31, min.ret: -1.01%
Using: 5D trend, 0 Days Left
2W window
Metric Mean Median Stdev
Overall 1.83% 65.24 3.62% 66.39 6.76% 58.75 71.74
Up 5.08% 67.32 5.29% 67.46 3.45% 64.01 70.64
Down -4.6% 61.13 -3.95% 61.54 4.04% 57.24 65.01
2W Opportunity:
returns: 4.5% (10.25%), p.close: 64.07
entry: 70.64, exit: 71.74, min.ret: -1.56%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -2.78% 62.29 -1.99% 62.79 7.34% 55.23 69.34
Up 3.28% 66.17 3.12% 66.07 3.11% 63.18 69.16
Down -6.7% 59.78 -5.88% 60.3 5.13% 54.85 64.71
2W Opportunity: SELL-APPROACHING
returns: 4.5% (7.95%), p.close: 64.07
entry: 69.16, exit: 69.34, min.ret: -0.26%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -2.45% 62.5 -2.8% 62.28 5.6% 57.12 67.88
Up 3.18% 66.11 2.84% 65.89 2.99% 63.24 68.98
Down -5.4% 60.61 -5.06% 60.83 3.86% 56.9 64.32
2W Opportunity: SELL-APPROACHING
returns: 4.5% (7.66%), p.close: 64.07
entry: 68.98, exit: 67.88, min.ret: 1.59%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -2.69% 62.35 -2.87% 62.23 6.34% 56.25 68.44
Up 3.37% 66.23 2.9% 65.93 3.18% 63.17 69.29
Down -5.71% 60.41 -4.82% 60.98 4.4% 56.18 64.64
2W Opportunity: SELL-APPROACHING
returns: 4.5% (8.14%), p.close: 64.07
entry: 69.29, exit: 68.44, min.ret: 1.22%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.28% 63.89 -1.94% 62.83 8.12% 56.09 71.69
Up 4.92% 67.22 3.31% 66.19 5.5% 61.94 72.5
Down -4.75% 61.03 -4.24% 61.35 4.11% 57.07 64.98
2W Opportunity:
returns: 4.5% (13.16%), p.close: 64.07
entry: 72.5, exit: 71.69, min.ret: 1.12%
Using: 2W trend, 0 Days Left
1M window
Metric Mean Median Stdev
Overall -7.77% 64.86 -7.21% 65.26 4.67% 59.93 69.79
Up 3.06% 72.48 2.75% 72.26 2.95% 69.37 75.59
Down -11.6% 62.17 -11.7% 62.1 4.13% 57.81 66.53
1M Opportunity:
returns: -4.81% (-17.8%), p.close: 70.33
entry: 57.81, exit: 59.93, min.ret: 3.67%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -4.91% 66.88 -4.48% 67.18 5.01% 61.59 72.16
Up 4.24% 73.31 4.03% 73.17 3.29% 69.84 76.78
Down -8.27% 64.51 -8.05% 64.67 4.21% 60.07 68.95
1M Opportunity:
returns: -4.81% (-14.58%), p.close: 70.33
entry: 60.07, exit: 61.59, min.ret: 2.53%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -6.36% 65.85 -6.64% 65.66 6.57% 58.92 72.79
Up 3.92% 73.09 3.67% 72.91 3.37% 69.54 76.64
Down -9.55% 63.62 -9.15% 63.89 5.16% 58.17 69.06
1M Opportunity:
returns: -4.81% (-17.29%), p.close: 70.33
entry: 58.17, exit: 58.92, min.ret: 1.29%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.1% 69.56 -2.69% 68.44 10.09% 58.92 80.2
Up 7.41% 75.54 5.49% 74.19 7.37% 67.77 83.32
Down -7.75% 64.88 -7.69% 64.92 5.22% 59.38 70.38
1M Opportunity:
returns: -4.81% (-15.57%), p.close: 70.33
entry: 59.38, exit: 58.92, min.ret: -0.78%
Using: 1M trend, 0 Days Left

MTH's symbol current price is 66.95 (-1.75%) as on . Yesterday's close was 68.14. It's return velocities are computed basis data from date .