Shares Outstanding Shares Outstanding n/a Close	71.83M
Shares Change (YoY) Shares Change (YoY) n/a Close	-1.2%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	-0.82%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	99.13%
Shares Floating Shares Floating n/a Close	70.18M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	30,621
FTD / Avg. Volume FTD / Avg. Volume n/a Close	3.46%

Short Selling Information

The latest short interest is 2.79M, so 3.89% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	2.79M
Short % of Shares Out Short % of Shares Out n/a Close	3.89%
Short % of Float Short % of Float n/a Close	3.98%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	3.81

Valuation Ratios

The PE ratio is 7.09 and the forward PE ratio is 7.2. Meritage Homes's PEG ratio is -0.15.

PE Ratio PE Ratio n/a Close	7.09
Forward PE Forward PE n/a Close	7.2
PS Ratio PS Ratio n/a Close	0.87
Forward PS Forward PS n/a Close	0.5
PB Ratio PB Ratio n/a Close	1.08
P/FCF Ratio P/FCF Ratio n/a Close	-21.75
PEG Ratio PEG Ratio n/a Close	-0.15

Financial Ratio History

Enterprise Valuation

Meritage Homes has an Enterprise Value (EV) of 6.31B.

EV / Sales EV / Sales n/a Close	0.99
EV / EBITDA EV / EBITDA n/a Close	6.15
EV / EBIT EV / EBIT n/a Close	-27.75
EV / FCF EV / FCF n/a Close	-24.64

Financial Position

The company has a current ratio of 11.44, with a Debt / Equity ratio of 0.27.

Current Ratio Current Ratio n/a Close	11.44
Quick Ratio Quick Ratio n/a Close	11.44
Debt / Equity Debt / Equity n/a Close	0.27
Debt / EBITDA Debt / EBITDA n/a Close	1.36
Debt / FCF Debt / FCF n/a Close	-5.43
Interest Coverage Interest Coverage n/a Close	0

Financial Efficiency

Return on Equity is 15.29% and Return on Invested Capital is 11.44%.

Return on Equity Return on Equity n/a Close	15.29%
Return on Assets Return on Assets n/a Close	10.98%
Return on Invested Capital Return on Invested Capital n/a Close	11.44%
Revenue Per Employee Revenue Per Employee n/a Close	$3,368,250.26
Profits Per Employee Profits Per Employee n/a Close	$414,218.12
Employee Count Employee Count n/a Close	1,898
Asset Turnover Asset Turnover n/a Close	0.89
Inventory Turnover Inventory Turnover n/a Close	n/a

Taxes

Income Tax Income Tax n/a Close	216.68M
Effective Tax Rate Effective Tax Rate n/a Close	21.61%

Stock Price Statistics

The stock price has increased by -20.83% in the last 52 weeks. The beta is 1.38, so Meritage Homes's price volatility has been higher than the market average.

Beta Beta n/a Close	1.38
52-Week Price Change 52-Week Price Change n/a Close	-20.83%
50-Day Moving Average 50-Day Moving Average n/a Close	66.25
200-Day Moving Average 200-Day Moving Average n/a Close	80.94
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	45.64
Average Volume (20 Days) Average Volume (20 Days) n/a Close	884,609

Income Statement

In the last 12 months, Meritage Homes had revenue of 6.39B and earned 786.19M in profits. Earnings per share was 10.85.

Revenue Revenue n/a Close	6.39B
Gross Profit Gross Profit n/a Close	1.6B
Operating Income Operating Income n/a Close	958.35M
Net Income Net Income n/a Close	786.19M
EBITDA EBITDA n/a Close	1.03B
EBIT EBIT n/a Close	1B
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	10.85

Full Income Statement

Balance Sheet

The company has 651.55M in cash and 1.39B in debt, giving a net cash position of -740.15M.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	651.55M
Total Debt Total Debt n/a Close	1.39B
Net Cash Net Cash n/a Close	-740.15M
Retained Earnings Retained Earnings n/a Close	5B
Total Assets Total Assets n/a Close	7.7B
Working Capital Working Capital n/a Close	6.75B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -227.58M and capital expenditures -28.66M, giving a free cash flow of -256.23M.

Operating Cash Flow Operating Cash Flow n/a Close	-227.58M
Capital Expenditures Capital Expenditures n/a Close	-28.66M
Free Cash Flow Free Cash Flow n/a Close	-256.23M
FCF Per Share FCF Per Share n/a Close	-3.54

Full Cash Flow Statement

Margins

Gross margin is 25%, with operating and profit margins of 14.99% and 12.3%.

Gross Margin Gross Margin n/a Close	25%
Operating Margin Operating Margin n/a Close	14.99%
Pretax Margin Pretax Margin n/a Close	15.69%
Profit Margin Profit Margin n/a Close	12.3%
EBITDA Margin EBITDA Margin n/a Close	16.06%
EBIT Margin EBIT Margin n/a Close	14.99%
FCF Margin FCF Margin n/a Close	-4.01%

Dividends & Yields

MTH pays an annual dividend of $1.61, which amounts to a dividend yield of 2.44%.

Dividend Per Share Dividend Per Share n/a Close	$1.61
Dividend Yield Dividend Yield n/a Close	2.44%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	14.67%
Payout Ratio Payout Ratio n/a Close	15.71%
Earnings Yield Earnings Yield n/a Close	14.1%
FCF Yield FCF Yield n/a Close	-4.6%

Dividend Details

Analyst Forecast

The average price target for MTH is $70, which is 8.7% higher than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$70
Price Target Difference Price Target Difference n/a Close	8.7%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	10

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$54.25
Lynch Upside Lynch Upside n/a Close	-15.79%
Graham Number Graham Number n/a Close	131.59
Graham Upside Graham Upside n/a Close	104.27%

Stock Splits

The last stock split was on Jan 3, 2025. It was a forward split with a ratio of 2:1.

Last Split Date Last Split Date n/a Close	Jan 3, 2025
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	2:1

Scores

Altman Z-Score Altman Z-Score n/a Close	4.28
Piotroski F-Score Piotroski F-Score n/a Close	3