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.
Key Insights
Meritage Homes (MTH) Core Market Data and Business Metrics
Latest Closing Price
$71.44Price-Earnings Ratio
13.33Total Outstanding Shares
71.77 Million SharesDividend
$0.43 Per Share QuarterlySIC Description
Operative BuildersPrimary Exchange
New York Stock ExchangeHeadquarters
18655 North Claret Drive, Scottsdale, AZ, 85255
Historical Stock Splits
If you bought 1 share of MTH before January 3, 2025, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| January 3, 2025 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 1,210,653 Shares | 2.18 | 3/14/2025 | 2,638,391 Shares |
| 860,902 Shares | 3.48 | 2/28/2025 | 2,995,694 Shares |
| 882,400 Shares | 3.49 | 2/14/2025 | 3,075,997 Shares |
| 981,115 Shares | 3.17 | 1/31/2025 | 3,111,529 Shares |
| 1,058,105 Shares | 2.57 | 1/15/2025 | 2,723,156 Shares |
| 572,122 Shares | 2.06 | 12/31/2024 | 1,179,974 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-44.07 Million |
| Net Cash Flow From Financing Activities, Continuing | $1.98 Million |
| Net Cash Flow From Operating Activities, Continuing | $-227.58 Million |
| Net Cash Flow | $-269.67 Million |
| Net Cash Flow From Operating Activities | $-227.58 Million |
| Net Cash Flow From Financing Activities | $1.98 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations Before Tax | $1.00 Billion |
| Income/Loss Before Equity Method Investments | $993.64 Million |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Net Income/Loss | $786.19 Million |
| Income/Loss From Continuing Operations After Tax | $786.19 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $786.19 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $786.19 Million |
| Other Comprehensive Income/Loss | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Liabilities | $0 |
| Equity | $5.14 Billion |
| Current Assets | $7.16 Billion |
| Fixed Assets | $47.28 Million |
| Liabilities And Equity | $7.16 Billion |
| Liabilities | $2.02 Billion |
Historical Dividends
Current dividend: $0.43 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 20, 2025 | Mar 31, 2025 | Mar 17, 2025 | $0.43 | Quarterly |
| Nov 21, 2024 | Dec 31, 2024 | Dec 17, 2024 | $0.75 | Quarterly |
| Aug 29, 2024 | Sep 30, 2024 | Sep 16, 2024 | $0.75 | Quarterly |
| May 16, 2024 | Jun 28, 2024 | Jun 14, 2024 | $0.75 | Quarterly |
| Feb 22, 2024 | Mar 29, 2024 | Mar 15, 2024 | $0.75 | Quarterly |
| Nov 16, 2023 | Dec 29, 2023 | Dec 15, 2023 | $0.27 | Quarterly |