Meritage Homes share price today

(MTH)

Meritage Homes share price is $78.52 & ₹6,799.28 as on 15 Jan 2025, 2.30 'hrs' IST

$78.52

▲

2.87

(3.79%)

Market is closed - opens 8 PM, 15 Jan 2025

View live Meritage Homes share price in Dollar and Rupees. Guide to invest in Meritage Homes stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Meritage Homes, along with analyst recommendations, forecasts, and comprehensive financials.

Meritage Homes share price movements

Today's Low: $76.52
Today's High: $78.82
$78.52
2.55%
Downside
Day's Volatility :2.92%
Upside
0.38%
52 Weeks Low: $73.05
52 Weeks High: $106.99
$78.52
6.97%
Downside
52 Weeks Volatility :31.72%
Upside
26.61%

Meritage Homes Returns

Period	Meritage Homes Corporation	Sector (Consumer Discretionary)	Index (Russel 2000)
3 Months	-25.57%	12.5%	0.0%
6 Months	-20.38%	16.0%	0.0%
1 Year	-11.12%	27.7%	0.0%
3 Years	39.41%	13.0%	-18.2%

Meritage Homes Key Statistics

in dollars & INR

Previous Close	$75.65
Open	$77.6
Today's High	$78.82
Today's Low	$76.52
Market Capitalization	$5.5B
Today's Volume	$691.1K
52 Week High	$106.99
52 Week Low	$73.05
Revenue TTM	$6.4B
EBITDA	$1.0B
Earnings Per Share (EPS)	$11.05
PE Ratio	6.85
Dividend Yield	2.03%
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 Indian Rupees (INR) and US Dollars (USD). Search for Meritage Homes or MTH on the 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 0.011 fractional shares of Meritage Homes as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Meritage Homes, in just a few clicks!

Returns in Meritage Homes for Indian investors in Rupees

Investment Value

₹1,00,000

Meritage Homes investment value today

Current value as on today

₹96,733

Returns

₹3,267

(-3.27%)

Returns from Meritage Homes Stock

₹7,743 (-7.74%)

Dollar Returns

₹4,476 (+4.48%)

Indian investors sentiment towards Meritage Homes

-25%

Period: Oct 16, 2024 to Jan 14, 2025. Change in 30 Days versus previous period

Search volume for Meritage Homes on INDmoney from India has reduced in the last 30 days as on Jan 15, 2025. -25% less investors are searching Meritage Homes in the last 30 days versus the previous period.

Global Institutional Holdings in Meritage Homes

BlackRock Inc
8.33%
Vanguard Group Inc
5.59%
State Street Corp
2.45%
Dimensional Fund Advisors, Inc.
2.14%
T. Rowe Price Investment Management,Inc.
1.17%
Geode Capital Management, LLC
1.16%

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 32.18%

Target:

$103.78

Current:

$78.52

Insights on Meritage Homes

Price Movement
In the last 7 days, MTH stock has moved up by 1.6%
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 24.5% return, outperforming this stock by 36.5%
MTH vs PHM (3 yr)
In the last 3 years, Pultegroup, Inc. has given 89.9% return, outperforming this stock by 58.7%
Price to Sales
ForMTH every $1 of sales, investors are willing to pay $0.4, whereas for Toll Brothers Inc., the investors are paying $1.3 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
Profit	$653.2M	↑ 10.98%

	FY19	Y/Y Change
Profit	$700.2M	↑ 7.19%

	FY20	Y/Y Change
Profit	$976.0M	↑ 39.39%

	FY21	Y/Y Change
Profit	$1.4B	↑ 47.06%

	FY22	Y/Y Change
Profit	$1.8B	↑ 25.61%

	FY23	Y/Y Change
Profit	$1.5B	↓ 16.68%

	Q2 FY23	Q/Q Change
Profit	$374.6M	↑ 30.6%

	Q3 FY23	Q/Q Change
Profit	$435.5M	↑ 16.26%

	Q4 FY23	Q/Q Change
Profit	$422.1M	↓ 3.09%

	Q1 FY24	Q/Q Change
Profit	$386.1M	↓ 8.51%

	Q2 FY24	Q/Q Change
Profit	$449.7M	↑ 16.46%

	Q3 FY24	Q/Q Change
Profit	$389.5M	↓ 13.38%

	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 in a neutral trading position according to technical analysis indicators.

Meritage Homes Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Meritage Homes Corporation	-9.44%	-20.38%	-11.12%	39.41%	129.45%
Nvr, Inc.	-6.47%	-4.21%	11.19%	44.85%	104.5%
Dr Horton, Inc.	-6.24%	-12.13%	-9.54%	48.15%	148.43%
Lennar Corp.	-13.39%	-20.96%	-12.57%	29.89%	108.56%
Pultegroup, Inc.	-6.88%	-10.46%	4.68%	99.91%	160.8%
Toll Brothers Inc.	-6.26%	-1.58%	26.15%	99.13%	185.54%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Meritage Homes Corporation	6.85	6.85	1.28	10.6	0.17	0.09	0.02	139.02
Nvr, Inc.	16.05	16.05	4.89	493.32	0.39	0.2	NA	1393.65
Dr Horton, Inc.	9.53	9.53	0.51	13.99	0.2	0.11	0.01	78.12
Lennar Corp.	9.05	9.05	1.13	12.41	0.16	0.09	0.01	101.06
Pultegroup, Inc.	7.94	7.94	0.28	13.53	0.27	0.14	0.01	56.31
Toll Brothers Inc.	8.23	8.23	1.0	14.4	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	$5.5B	129.45%	6.85	12.63%
Nvr, Inc.	Buy	$24.4B	104.5%	16.05	15.9%
Dr Horton, Inc.	Buy	$44.4B	148.43%	9.53	12.93%
Lennar Corp.	Buy	$35.0B	108.56%	9.05	11.51%
Pultegroup, Inc.	Buy	$22.4B	160.8%	7.94	16.64%
Toll Brothers Inc.	Buy	$12.6B	185.54%	8.23	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

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

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 share price today stands at $78.52, Open: $77.60 ; Previous Close: $75.65 ; High: $78.82 ; Low: $76.52 ; 52 Week High: $106.99 ; 52 Week Low: $73.05. The stock opens at $77.60, after a previous close of $75.65. The stock reached a daily high of $78.82 and a low of $76.52, with a 52-week high of $106.99 and a 52-week low of $73.05.

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.