As on Wednesday, Meritage Homes Corp (NYSE: MTH) got off with the flyer as it spiked 3.98% to $74.71, before settling in for the price of $71.85 at the close. Taking a more long-term approach, MTH posted a 52-week range of $69.26-$106.99.
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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 12.22%. Meanwhile, its Annual Earning per share during the time was 27.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.39%. This publicly-traded company’s shares outstanding now amounts to $71.92 million, simultaneously with a float of $69.90 million. The organization now has a market capitalization sitting at $5.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $76.49, while the 200-day Moving Average is $88.23.
Meritage Homes Corp (MTH) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Residential Construction industry. Meritage Homes Corp’s current insider ownership accounts for 2.60%, in contrast to 99.38% institutional ownership. According to the most recent insider trade that took place on Mar 03 ’25, this organization’s EVP Chief People Officer sold 4,862 shares at the rate of 72.07, making the entire transaction reach 350,408 in total value, affecting insider ownership by 36,278. Preceding that transaction, on Mar 03 ’25, Company’s Chief Executive Officer sold 36,167 for 71.30, making the whole transaction’s value amount to 2,578,554. This particular insider is now the holder of 228,270 in total.
Meritage Homes Corp (MTH) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.46 per share during the current fiscal year.
Meritage Homes Corp’s EPS decrease for this current 12-month fiscal period is -12.39% and is forecasted to reach 10.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.23% through the next 5 years, which can be compared against the 27.28% growth it accomplished over the previous five years trading on the market.
Meritage Homes Corp (NYSE: MTH) Trading Performance Indicators
Let’s observe the current performance indicators for Meritage Homes Corp (MTH). It’s Quick Ratio in the last reported quarter now stands at 1.32. The Stock has managed to achieve an average true range (ATR) of 2.54. Alongside those numbers, its PE Ratio stands at $6.97, and its Beta score is 1.72. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.84.
In the same vein, MTH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 10.72, a figure that is expected to reach 1.73 in the next quarter, and analysts are predicting that it will be 10.77 at the market close of one year from today.
Technical Analysis of Meritage Homes Corp (MTH)
Through scrutinizing the latest numbers posted by the [Meritage Homes Corp, MTH], it can be observed that its last 5-days Average volume of 1.05 million was better the volume of 0.96 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 39.99% While, its Average True Range was 2.54.
Raw Stochastic average of Meritage Homes Corp (MTH) in the period of the previous 100 days is set at 16.20%, which indicates a major fall in contrast to 76.65% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.95% that was lower than 34.58% volatility it exhibited in the past 100-days period.
