Meritage Homes share price today

(MTH)

Meritage Homes share price is $180 & -₹180.00 as on 12 Dec 2024, 2.30 'hrs' IST

$180

▲

-2.56

(-1.4%)

Market is closed - opens 8 PM, 12 Dec 2024

View live Meritage Homes share price in Dollar and Rupees. Guide to invest in Meritage Homes from India. Also see the sentimental analysis on Indian investors investing in Meritage Homes. Get details on the Indian mutual funds that are investing in Meritage Homes. Get Analyst recommendations and forecasts along with all the Meritage Homes's financials.

Meritage Homes share price movements

$179.74
$184.74
$180.00
0.14%
Downside
Day's Volatility :2.7%
Upside
2.56%
$147.77
$213.98
$180.00
17.91%
Downside
52 Weeks Volatility :30.94%
Upside
15.88%

Meritage Homes Returns

Period	Meritage Homes Corporation	Sector (Consumer Discretionary)	Index (Russel 2000)
3 Months	-7.96%	23.7%	0.0%
6 Months	7.38%	31.7%	0.0%
1 Year	10.93%	35.8%	0.0%
3 Years	49.98%	15.4%	-20.0%

Meritage Homes Key Statistics

in dollars & INR

Previous Close	$182.56
Open	$185.24
Today's High	$184.735
Today's Low	$179.74
Market Capitalization	$6.7B
Today's Volume	$383.8K
52 Week High	$213.98
52 Week Low	$147.77
Revenue TTM	$6.4B
EBITDA	$1.0B
Earnings Per Share (EPS)	$22.11
PE Ratio	8.26
Dividend Yield	1.64%
Profit Margin	12.63%
Quarterly Earnings Growth YOY	-0.11%
Return On Equity TTM	17.19%

How to invest in Meritage Homes from India?

It is very easy for Indian residents to invest directly in Meritage Homes from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Meritage Homes stock in both rupees (INR) and dollars (USD). Search for Meritage Homes or MTH on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Meritage Homes or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Meritage Homes shares which would translate to -0.000 fractional shares of Meritage Homes as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Meritage Homes

155%

Period: Sep 12, 2024 to Dec 11, 2024. Change in 30 Days versus previous period

Search volume for Meritage Homes on INDmoney from India has grown in the last 30 days as on Dec 12, 2024. 155% more investors are searching Meritage Homes in the last 30 days versus the previous period.

Global Institutional Holdings in Meritage Homes

BlackRock Inc
16.58%
Vanguard Group Inc
11.19%
State Street Corp
4.90%
Dimensional Fund Advisors, Inc.
4.28%
T. Rowe Price Investment Management,Inc.
2.35%
Geode Capital Management, LLC
2.31%

Analyst Recommendation on Meritage Homes

Buy

50%Buy

42%Hold

7%Sell

Based on 14 Wall street analysts offering stock ratings for Meritage Homes(by analysts ranked 0 to 5 stars)

Based on 14 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Meritage Homes

What analysts predicted

Upside of 20.01%

Current:

$180.00

Target:

$216.01

Insights on Meritage Homes

Price Movement
In the last 3 years, MTH stock has moved up by 48.2%
Decreasing Revenue
Revenue is down for the last 2 quarters, 1.70B → 1.58B (in $), with an average decrease of 6.7% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 231.55M → 195.96M (in $), with an average decrease of 15.4% per quarter
MTH vs TOL (1 yr)
In the last 1 year, Toll Brothers Inc. has given 54.1% return, outperforming this stock by 37.7%
MTH vs PHM (3 yr)
In the last 3 years, Pultegroup, Inc. has given 90.9% return, outperforming this stock by 42.7%
Price to Sales
ForMTH every $1 of sales, investors are willing to pay $1.0, whereas for Toll Brothers Inc., the investors are paying $1.4 for every $1 of sales.

Meritage Homes Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$3.5B	↑ 8.88%
Net Income	$227.3M	↑ 58.69%
Net Profit Margin	6.41%	↑ 2.01%

	FY19	Y/Y Change
Revenue	$3.7B	↑ 3.78%
Net Income	$249.7M	↑ 9.82%
Net Profit Margin	6.79%	↑ 0.38%

	FY20	Y/Y Change
Revenue	$4.5B	↑ 22.53%
Net Income	$423.5M	↑ 69.62%
Net Profit Margin	9.4%	↑ 2.61%

	FY21	Y/Y Change
Revenue	$5.1B	↑ 14.22%
Net Income	$737.4M	↑ 74.14%
Net Profit Margin	14.33%	↑ 4.93%

	FY22	Y/Y Change
Revenue	$6.3B	↑ 22.36%
Net Income	$992.2M	↑ 34.54%
Net Profit Margin	15.75%	↑ 1.42%

	FY23	Y/Y Change
Revenue	$6.1B	↓ 2.94%
Net Income	$738.7M	↓ 25.54%
Net Profit Margin	12.08%	↓ 3.67%

	Q2 FY23	Q/Q Change
Revenue	$1.6B	↑ 21.98%
Net Income	$186.8M	↑ 42.3%
Net Profit Margin	11.92%	↑ 1.7%

	Q3 FY23	Q/Q Change
Revenue	$1.6B	↑ 3.44%
Net Income	$221.8M	↑ 18.69%
Net Profit Margin	13.67%	↑ 1.75%

	Q4 FY23	Q/Q Change
Revenue	$1.7B	↑ 2.54%
Net Income	$198.9M	↓ 10.33%
Net Profit Margin	11.96%	↓ 1.71%

	Q1 FY24	Q/Q Change
Revenue	$1.5B	↓ 11.31%
Net Income	$186.0M	↓ 6.45%
Net Profit Margin	12.61%	↑ 0.65%

	Q2 FY24	Q/Q Change
Revenue	$1.7B	↑ 15.41%
Net Income	$231.6M	↑ 24.48%
Net Profit Margin	13.6%	↑ 0.99%

	Q3 FY24	Q/Q Change
Revenue	$1.6B	↓ 6.67%
Net Income	$196.0M	↓ 15.37%
Net Profit Margin	12.34%	↓ 1.26%

	FY18	Y/Y Change
Total Assets	$3.4B	↑ 3.51%
Total Liabilities	$1.6B	↓ 1.77%

	FY19	Y/Y Change
Total Assets	$3.4B	↑ 0.97%
Total Liabilities	$1.4B	↓ 13.4%

	FY20	Y/Y Change
Total Assets	$3.9B	↑ 13.72%
Total Liabilities	$1.5B	↑ 6.48%

	FY21	Y/Y Change
Total Assets	$4.8B	↑ 24.41%
Total Liabilities	$1.8B	↑ 16.26%

	FY22	Y/Y Change
Total Assets	$5.8B	↑ 20.06%
Total Liabilities	$1.8B	↑ 3.37%

	FY23	Y/Y Change
Total Assets	$6.4B	↑ 10.07%
Total Liabilities	$1.7B	↓ 4.46%

	Q2 FY23	Q/Q Change
Total Assets	$6.1B	↑ 3.31%
Total Liabilities	$1.8B	↑ 0.74%

	Q3 FY23	Q/Q Change
Total Assets	$6.2B	↑ 1.92%
Total Liabilities	$1.8B	↓ 3.11%

	Q4 FY23	Q/Q Change
Total Assets	$6.4B	↑ 2.77%
Total Liabilities	$1.7B	↓ 1.11%

	Q1 FY24	Q/Q Change
Total Assets	$6.5B	↑ 2.14%
Total Liabilities	$1.8B	↑ 1.58%

	Q2 FY24	Q/Q Change
Total Assets	$6.9B	↑ 6.7%
Total Liabilities	$2.0B	↑ 15.42%

	Q3 FY24	Q/Q Change
Total Assets	$7.1B	↑ 2.59%
Total Liabilities	$2.1B	↑ 1.58%

	FY18	Y/Y Change
Operating Cash Flow	$262.2M	↓ 400.92%
Investing Cash Flow	$-33.5M	↑ 96.39%
Financing Cash Flow	$-88.0M	↓ 161.4%

	FY19	Y/Y Change
Operating Cash Flow	$346.8M	↑ 32.27%
Investing Cash Flow	$-13.5M	↓ 59.77%
Financing Cash Flow	$-325.3M	↑ 269.89%

	FY20	Y/Y Change
Operating Cash Flow	$530.4M	↑ 52.92%
Investing Cash Flow	$-18.2M	↑ 35.18%
Financing Cash Flow	$-86.0M	↓ 73.57%

	FY21	Y/Y Change
Operating Cash Flow	$-152.1M	↓ 128.68%
Investing Cash Flow	$-26.8M	↑ 47.09%
Financing Cash Flow	$51.6M	↓ 160.05%

	FY22	Y/Y Change
Operating Cash Flow	$405.3M	↓ 366.46%
Investing Cash Flow	$-32.3M	↑ 20.38%
Financing Cash Flow	$-129.8M	↓ 351.34%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$231.4M	↑ 85.92%
Investing Cash Flow	$-13.4M	↑ 53.67%
Financing Cash Flow	$-12.0M	↓ 40.44%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$104.2M	↓ 54.97%
Investing Cash Flow	$-34.7M	↑ 158.75%
Financing Cash Flow	$-206.1M	↑ 1622.36%

Meritage Homes Technicals Summary

Sell

Neutral

Buy

Meritage Homes is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Meritage Homes Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Meritage Homes Corporation	-0.47%	7.38%	10.93%	49.98%	183.33%
Nvr, Inc.	-2.91%	15.55%	32.37%	52.94%	129.24%
Dr Horton, Inc.	-5.04%	7.12%	6.6%	42.27%	180.95%
Pultegroup, Inc.	-5.4%	5.58%	24.45%	121.69%	204.62%
Lennar Corp.	-4.83%	2.01%	8.96%	39.78%	172.17%
Toll Brothers Inc.	-6.19%	17.93%	47.66%	97.57%	260.58%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Meritage Homes Corporation	8.26	8.26	1.28	21.27	0.17	0.09	0.02	139.02
Nvr, Inc.	18.8	18.12	4.89	495.02	0.39	0.2	NA	1393.65
Dr Horton, Inc.	10.96	10.96	0.59	14.56	0.2	0.11	0.01	78.12
Pultegroup, Inc.	9.25	9.0	0.32	13.19	0.27	0.14	0.01	56.31
Lennar Corp.	10.74	10.74	1.17	14.17	0.16	0.09	0.01	101.06
Toll Brothers Inc.	10.06	9.49	1.01	14.62	0.22	0.1	0.01	73.46

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Meritage Homes Corporation	Buy	$6.7B	183.33%	8.26	12.63%
Nvr, Inc.	Buy	$27.7B	129.24%	18.8	15.9%
Dr Horton, Inc.	Buy	$51.7B	180.95%	10.96	12.93%
Pultegroup, Inc.	Buy	$25.7B	204.62%	9.25	16.64%
Lennar Corp.	Buy	$44.8B	172.17%	10.74	11.51%
Toll Brothers Inc.	Buy	$14.7B	260.58%	10.06	14.63%

Meritage Homes Dividend announcements

Meritage Homes Dividends December, 2024
In the quarter ending December,2024. Meritage Homes has declared dividend of $0.75
Read More

About Meritage Homes

over 30 years, we've built 85,000+ homes, but more importantly we've created well more than 80,000 happy homeowners. our unmatched commitment to quality has helped us become the ninth largest homebuilder in the country. meritage homes has been included among the forbes' platinum 400 — best big companies of america, the fortune 1000 largest corporations of america, has been named texas builder of the year five times, and was voted as one of the best places to work in the valley by bestcompaniesaz, llc. meritage homes is known for its award-winning designs and for providing outstanding quality. meritage homes is committed to excellence and exceptional value to every home by being 100% energy star® certified. in fact, as a testament to our innovative culture, we were the first national homebuilder to be 100% energy star certified for every home we build. more than building the american dream and upholding our responsibility to help protect the environment, we give our homeowners what th

Organization	Meritage Homes
Employees	1838
CEO	Mr. Steven J. Hilton
Industry	New Single-Family Housing Construction (except For-Sale Builders)

Management People of Meritage Homes

Name	Title
Mr. Steven J. Hilton	Executive Chairman
Mr. Phillippe Lord	Executive VP, CEO & Director
Ms. Hilla Sferruzza CPA	CFO & Executive VP
Mr. Clinton Szubinski	Executive VP & COO
Ms. Malissia R. Clinton	Executive VP, General Counsel & Secretary
Mr. Javier Feliciano	Chief People Officer & Executive VP
Ms. Alison L. Sasser	Senior VP, Corporate Controller & Chief Accounting Officer
Emily Tadano	Vice President of Investor Relations & ESG
Mr. Steve Hahn	President of Greenville-South Carolina Division
Mr. Elliot A. Mann	Southern California Division President

Important FAQs about investing in Meritage Homes from India :

What is Meritage Homes share price today?

Meritage Homes (MTH) share price today is $180.00.

Can Indians buy Meritage Homes shares?

Yes, Indians can invest in the Meritage Homes (MTH) from India.

With INDmoney, you can buy Meritage Homes at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Meritage Homes at zero transaction cost.

How can I buy Meritage Homes shares from India?

It is very easy to buy Meritage Homes from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Meritage Homes be purchased?

Yes, you can buy fractional shares of Meritage Homes with INDmoney app.

What are the documents required to start investing in Meritage Homes stocks?

To start investing in Meritage Homes, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.