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Meritage Homes (MTH)

(Delayed Data from NYSE)

$190.77 USD

190.77
401,468

+3.13 (1.67%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $190.76 -0.01 (-0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 22% (55 out of 250)

Industry: Building Products - Home Builders

Research for MTH

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Revenue - Line of Business Segments YR Estimate12/31/202312/31/202212/31/202112/31/202012/31/2019

Revenue: Home closing [$M]

--6,0576,2075,0954,4643,605

Revenue: Land closing [$M]

--5661251846

Revenue: Total closing revenue (H...

--6,1136,2695,1204,4823,650

Revenue: Financial Services [$M]

--2523211916
Income - Line of Business YR Estimate12/31/202312/31/202212/31/202112/31/202012/31/2019

Gross profit (loss): Home closing...

--1,5021,7731,418980--

Gross profit (loss): Land closing...

--412-1-21--

Gross profit (loss): Total closin...

--1,5071,7851,417960680

Gross profit (loss): Financial se...

--1218181621
NFM - Operating & Non Financial Metrics YR Estimate12/31/202312/31/202212/31/202112/31/202012/31/2019

Home Closed Value - East Region [...

--2,1512,1701,6801,3951,161

Home Closed Value - Central Regio...

--1,7991,8351,5011,2741,034

Home Closed Value - West Region [...

--2,1072,2021,9141,7951,410

Homes Ordered Value - East Region...

--1,9512,0441,9421,5611,170

Homes Ordered Value - Total [$M]

--5,6765,2565,7975,1753,684

Homes Ordered Value - West Region...

--2,0461,7102,1542,1421,482

Order Backlog Value - Central Reg...

--289425773572373

Order Backlog Value - East Region...

--419640780517350

Order Backlog Value - West Region...

--380460964723376

Homes closed - Central Region [#]

--4,4864,5564,1653,8942,976

Homes ordered - East Region [#]

--4,9195,0205,1194,4673,173

Order Backlog - West Region [#]

--7468721,8661,645852

Order Backlog - Central Region [#...

--7689631,8781,6301,048

Order Backlog - East Region [#]

--1,0351,4971,9351,397882

Order Backlog - Average sales pri...

--509527517440441

Order Backlog - Average sales pri...

--377442412351356

Order Backlog - Average sales pri...

--405427403370397

Active Communities - Ending - Wes...

--7894786073

Active Communities - Ending - Cen...

--8881736377

Active Communities - Ending - Eas...

--104961087294

Homes Ordered Value - Central Reg...

--1,6781,5021,7011,4721,032

Home Closing Revenue - Average sa...

--433440398377389

Home Orders - Average sales price...

--430447420377383

Order Backlog - Average sales pri...

--427458443388395

Homes closed - Total [#]

--13,97614,10612,80111,8349,267

Homes ordered - Total [#]

--13,19311,75913,80813,7249,616

Order Backlog - Total [#]

--2,5493,3325,6794,6722,782

Order Backlog Value - Total [$M]

--1,0881,5252,5161,8131,098

Active Communities - Ending - Tot...

--270271259195244

Lots Supply (owned or controlled)...

--64,31363,18275,049----

Cancellation rate [%]

--1321101414

Home Closing Revenue - Average sa...

--5135384724503,167

Home Closing Revenue - Average sa...

--401403360327347

Home Closing Revenue - Average sa...

--400398367353372

Home Orders - Average sales price...

--514552504329436

Home Orders - Average sales price...

--391412385329339

Home Orders - Average sales price...

--397407379350369

Homes closed - West Region [#]

--4,1094,0924,0553,9883,167

Homes closed - East Region [#]

--5,3815,4584,5813,9523,124

Homes ordered - West Region [#]

--3,9833,0984,2764,7813,400

Homes ordered - Central Region [#...

--4,2913,6414,4134,4763,043