The stock of Meritage Homes Corp (NYSE: MTH) has decreased by -0.21 when compared to last closing price of 73.10. Despite this, the company has experienced a -1.12% fall in its stock price over the last five trading sessions. globenewswire.com reported 2025-02-27 that SCOTTSDALE, Ariz., Feb. 27, 2025 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”) announced today that it has priced a registered underwritten public offering of $500 million aggregate principal amount of 5.650% Senior Notes due 2035 (the “senior notes”). The senior notes will pay interest semi-annually at a rate of 5.650% per year and will mature on March 15, 2035. The closing of the offering is expected to occur on March 6, 2025, subject to the satisfaction of customary closing conditions. Meritage intends to use the net proceeds of the offering for general corporate purposes.
Is It Worth Investing in Meritage Homes Corp (NYSE: MTH) Right Now?
The price-to-earnings ratio for Meritage Homes Corp (NYSE: MTH) is above average at 6.81x, Company’s 36-month beta value is 1.92.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for MTH is 69.90M, and currently, short sellers hold a 4.40% ratio of that floaft. The average trading volume of MTH on February 28, 2025 was 940.41K shares.
MTH’s Market Performance
The stock of Meritage Homes Corp (MTH) has seen a -1.12% decrease in the past week, with a -7.45% drop in the past month, and a -25.51% fall in the past quarter. The volatility ratio for the week is 3.21%, and the volatility levels for the past 30 days are at 3.17% for MTH. The simple moving average for the last 20 days is -2.30% for MTH stock, with a simple moving average of -17.59% for the last 200 days.
Analysts’ Opinion of MTH
Many brokerage firms have already submitted their reports for MTH stocks, with JP Morgan repeating the rating for MTH by listing it as a “Neutral.” The predicted price for MTH in the upcoming period, according to JP Morgan is $197 based on the research report published on December 13, 2024 of the previous year 2024.
Goldman gave a rating of “Buy” to MTH, setting the target price at $235 in the report published on October 31st of the previous year.
MTH Trading at -5.29% from the 50-Day Moving Average
After a stumble in the market that brought MTH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.82% of loss for the given period.
Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 3.21%, as shares sank -10.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.60% lower at present.
During the last 5 trading sessions, MTH fell by -1.38%, which changed the moving average for the period of 200-days by -19.28% in comparison to the 20-day moving average, which settled at $74.66. In addition, Meritage Homes Corp saw -5.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MTH starting from Sasser Alison, who sale 152 shares at the price of $73.63 back on Feb 24 ’25. After this action, Sasser Alison now owns 6,330 shares of Meritage Homes Corp, valued at $11,192 using the latest closing price.
Sasser Alison, the Officer of Meritage Homes Corp, proposed sale 152 shares at $73.63 during a trade that took place back on Feb 24 ’25, which means that Sasser Alison is holding shares at $11,192 based on the most recent closing price.
Stock Fundamentals for MTH
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.25 for the gross margin
The net margin for Meritage Homes Corp stands at 0.12. The total capital return value is set at 0.15. Equity return is now at value 16.12, with 11.60 for asset returns.
Based on Meritage Homes Corp (MTH), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at -0.17.
Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at 0.65. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 24.89for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.97.
Conclusion
In a nutshell, Meritage Homes Corp (MTH) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
