MT

Meritage Homes CorpNYSE MTH Stock Report

Last reporting period 30 Jun, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

7.423

Middle

Exchange

XNYS - New York Stock Exchange, Inc

MTH Stock Analysis

MT

Neutral

Based on Eyestock quantitative analysis, MTH`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

54/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-28.7 %

Overvalued

Market cap $B

7.423

Dividend yield

1.24 %

Shares outstanding

36.571 B

Meritage Homes Corp. engages in the design and construction of single family attached and detached homes. The company is headquartered in Scottsdale, Arizona and currently employs 1,921 full-time employees. The Company’s segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer service. In addition, Homebuilding operations consist of three regions: West, Central and East, which includes ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina. The Financial services segment, which offers title and escrow, mortgage, and insurance services. Its financial services operations also provide mortgage services to its homebuyers through an unconsolidated joint venture. The firm also operates Carefree Title Agency, Inc. (Carefree Title), its wholly owned company. Carefree Title provides title insurance and closing/settlement services for its homebuyers.

View Section: Eyestock Rating