Meritage Homes MTH
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Meritage Homes (MTH) Business Model and Operations Summary
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Key Insights
Meritage Homes (MTH) Core Market Data and Business Metrics
Latest Closing Price
$69.47Market Cap
$5.03 BillionAverage Daily Volume
896,726 Shares52-Week Range
$59.27-$106.99Price-Earnings Ratio
22.63Total Outstanding Shares
71.83 Million SharesCEO
Phillippe LordTotal Employees
1,898Current Dividend
$0.43 Per Share QuarterlyIPO Date
July 22, 1988SIC Description
Operative BuildersHeadquarters
18655 North Claret Drive, Scottsdale, AZ, 85255