Meritage Homes MTH

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+$0.2 (+0.28%)Past DayToday's Volume:
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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 Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, comprising ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments: homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services, and the financial services segment offers title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.

Key Insights

Meritage Homes (MTH) Core Market Data and Business Metrics
  • Latest Closing Price

    $71.08
  • Market Cap

    $5.09 Billion
  • Price-Earnings Ratio

    13.26
  • Total Outstanding Shares

    71.77 Million Shares
  • Total Employees

    1,898
  • Dividend

    $0.43 Per Share Quarterly
  • IPO Date

    December 16, 1988
  • SIC Description

    Operative Builders
  • Primary Exchange

    New York Stock Exchange
  • Headquarters

    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 DateSplit Amount
January 3, 20252-for-1

Cash Flow Statement

January 1, 2024 to December 31, 2024
MetricValue
Net Cash Flow From Financing Activities, Continuing$1.98 Million
Net Cash Flow From Investing Activities$-44.07 Million
Net Cash Flow From Financing Activities$1.98 Million
Net Cash Flow From Operating Activities, Continuing$-227.58 Million
Net Cash Flow$-269.67 Million
Net Cash Flow, Continuing$-269.67 Million

Income Statement

January 1, 2024 to December 31, 2024
MetricValue
Income/Loss From Continuing Operations After Tax$786.19 Million
Income/Loss From Equity Method Investments$9.22 Million
Net Income/Loss Attributable To Noncontrolling Interest$0
Preferred Stock Dividends And Other Adjustments$0
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0
Income Tax Expense/Benefit, Current$207.13 Million

Comprehensive Income

January 1, 2024 to December 31, 2024
MetricValue
Comprehensive Income/Loss$786.19 Million
Other Comprehensive Income/Loss$0
Comprehensive Income/Loss Attributable To Noncontrolling Interest$0
Comprehensive Income/Loss Attributable To Parent$786.19 Million

Balance Sheet

January 1, 2024 to December 31, 2024
MetricValue
Equity$5.14 Billion
Equity Attributable To Parent$5.14 Billion
Equity Attributable To Noncontrolling Interest$0
Noncurrent Liabilities$0
Current Assets$7.16 Billion
Current Liabilities$2.02 Billion

Historical Dividends

Current dividend: $0.43 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Feb 20, 2025Mar 31, 2025Mar 17, 2025$0.43Quarterly
Nov 21, 2024Dec 31, 2024Dec 17, 2024$0.75Quarterly
Aug 29, 2024Sep 30, 2024Sep 16, 2024$0.75Quarterly
May 16, 2024Jun 28, 2024Jun 14, 2024$0.75Quarterly
Feb 22, 2024Mar 29, 2024Mar 15, 2024$0.75Quarterly
Nov 16, 2023Dec 29, 2023Dec 15, 2023$0.27Quarterly

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