Meritage Financials
| MTH Stock | USD 81.02 2.20 2.79% |
Meritage |
Meritage Stock Summary
Meritage competes with TRI Pointe, MI Homes, Beazer Homes, Century Communities, and Taylor Morn. Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. Meritage Corp operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1773 people.Specialization | Consumer Discretionary, Consumer Durables & Apparel |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US59001A1025 |
| CUSIP | 59001A102 612502104 43740F101 |
| Location | Arizona; U.S.A |
| Business Address | 18655 North Claret |
| Sector | Household Durables |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.meritagehomes.com |
| Phone | 480 515 8100 |
| Currency | USD - US Dollar |
Meritage Key Financial Ratios
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0938 | ||||
| Target Price | 101.84 | ||||
| Beta | 1.82 | ||||
| Last Dividend Paid | 2.52 |
Meritage Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Meritage's current stock value. Our valuation model uses many indicators to compare Meritage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meritage competition to find correlations between indicators driving Meritage's intrinsic value. More Info.Meritage is regarded third in return on equity category among its peers. It is regarded second in return on asset category among its peers reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Meritage is roughly 1.83 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Meritage's earnings, one of the primary drivers of an investment's value.Meritage Systematic Risk
Meritage's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Meritage volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Meritage correlated with the market. If Beta is less than 0 Meritage generally moves in the opposite direction as compared to the market. If Meritage Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meritage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meritage is generally in the same direction as the market. If Beta > 1 Meritage moves generally in the same direction as, but more than the movement of the benchmark.
About Meritage Financials
What exactly are Meritage Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Meritage's income statement, its balance sheet, and the statement of cash flows. Potential Meritage investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Meritage investors may use each financial statement separately, they are all related. The changes in Meritage's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Meritage's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Meritage Thematic Clasifications
Meritage is part of several thematic ideas from Farming to Construction. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasMeritage January 30, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Meritage help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Meritage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meritage based on widely used predictive technical indicators. In general, we focus on analyzing Meritage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Meritage's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.28 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 3.21 |
Complementary Tools for Meritage Stock analysis
When running Meritage's price analysis, check to measure Meritage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meritage is operating at the current time. Most of Meritage's value examination focuses on studying past and present price action to predict the probability of Meritage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage's price. Additionally, you may evaluate how the addition of Meritage to your portfolios can decrease your overall portfolio volatility.
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