Next report date
Report period
Q2 2024
EPS estimate
4.52EUR
Revenue estimate
1.44 BEUR
20.13EUR
669.31 MEUR
5.56 BEUR
35.25 M
About Meritage Homes Corporation
Sector
Industry
CEO
Phillippe Lord
Website
Headquarters
Scottsdale
Employees (FY)
1.84 K
Founded
1985
Meritage Homes Corp. engages in the design and construction of single-family attached and detached homes. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment acquires and develops lands, constructs homes, markets and sells those homes, and provides warranty and customer services. The Financial Services segment offers title and escrows, mortgage, and insurance services. The company was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.
MTH Entry, Volume, Target, StopEntry: when price clears 130.69
Volume: with daily volume greater than 594k
Target: 140 area
Stop: Depending on your risk tolerance; 127.59 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental a
$MTH, waiting for Price correctionMeritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services
Positive:
Yields high return on invested capital
Consistently increasing e
$MTH weekly bull flag break outMTH weekly chart looking extremely bullish so far with a bull flag breakout and next leg up continuation implying a move to
1st target - 130
2nd target - 145
depending on breakout out to ATH and 124 zone resistance
MTH - Ascending Triangle Breakout An example of an ascending triangle
Break should ensue out of the triangle on this weekly timeframe
MTH Cup and Handle FormingFirst cup and handle pattern I have drawn out. Would love some feedback. The setup looks great plus MTH is a great value buy with a DCF fair value of $202. I think it can hit at least 140 in the coming weeks with a lower estimate of about 120 if the handle retraces 2/3 of its advancement.
MTH: Breakout Confirmed, 24.23% Potential Profit!Description: MTH is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $103.2 - $108.3
2. Take profit: $132.9
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Frequently Asked Questions
The current price of MEY is 158.00 EUR — it has increased by 0.64% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on GETTEX exchange MERITAGE HOMES CORP stocks are traded under the ticker MEY.
MERITAGE HOMES CORP is going to release the next earnings report on Jul 24, 2024. Keep track of upcoming events with our Earnings Calendar.
MEY stock is 0.63% volatile and has beta coefficient of 2.14. Check out the list of the most volatile stocks — is MERITAGE HOMES CORP there?
MEY earnings for the last quarter are 4.87 EUR per share, whereas the estimation was 4.67 EUR resulting in a 4.40% surprise. The estimated earnings for the next quarter are 3.29 EUR per share. See more details about MERITAGE HOMES CORP earnings.
MERITAGE HOMES CORP revenue for the last quarter amounts to 1.50 B EUR despite the estimated figure of 1.38 B EUR. In the next quarter revenue is expected to reach 1.19 B EUR.
Yes, you can track MERITAGE HOMES CORP financials in yearly and quarterly reports right on TradingView.
MEY stock has risen by 12.06% compared to the previous week, the month change is a 0.63% fall, over the last year MERITAGE HOMES CORP has showed a 31.67% increase.
MEY net income for the last quarter is 172.40 M EUR, while the quarter before that showed 180.16 M EUR of net income which accounts for −4.31% change. Track more MERITAGE HOMES CORP financial stats to get the full picture.
Today MERITAGE HOMES CORP has the market capitalization of 5.73 B, it has decreased by 0.32% over the last week.
Yes, MEY dividends are paid quarterly. The last dividend per share was 0.69 EUR. As of today, Dividend Yield (TTM)% is 0.92%. Tracking MERITAGE HOMES CORP dividends might help you take more informed decisions.
Like other stocks, MEY shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MERITAGE HOMES CORP stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 29, 2024, the company has 1.84 K employees. See our rating of the largest employees — is MERITAGE HOMES CORP on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MERITAGE HOMES CORP technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MERITAGE HOMES CORP stock shows the strong buy signal. See more of MERITAGE HOMES CORP technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on MERITAGE HOMES CORP future price: according to them, MEY price has a max estimate of 216.28 EUR and a min estimate of 137.97 EUR. Read a more detailed MERITAGE HOMES CORP forecast: see what analysts think of MERITAGE HOMES CORP and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MERITAGE HOMES CORP EBITDA is 928.68 M EUR, and current EBITDA margin is 15.09%. See more stats in MERITAGE HOMES CORP financial statements.