Meritage Homes CorporationMTH

$75.73+3.28 (+4.53%)
NYSEConsumer Cyclical24:00 UTC

Company snapshot

Market Cap
$5B
Mid-cap
+198%
2016 — today
10-Year Price
+274%
2016 — today
52-Week Range
$58.76$82.83
Current $75.73· 71%

Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.

Valuation in context

P/E ratio
13.9
Near historic high
Near historic highs — last 10 years
P/B ratio
1.0
Historically cheap
Historically cheap relative to the last 10 years
EV / EBITDA
11.8
Near historic high
Near historic highs — last 10 years
Dividend Yield
2.4%
Historically high
Historically high relative to the last 10 years
FCF Yield
4.7%
Above average
Above the 10-year average
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