Meritage Net Worth
Meritage Net Worth Breakdown | MTH |
Meritage Net Worth Analysis
Meritage's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Meritage's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Meritage's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Meritage's net worth analysis. One common approach is to calculate Meritage's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Meritage's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Meritage's net worth. This approach calculates the present value of Meritage's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Meritage's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Meritage's net worth. This involves comparing Meritage's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Meritage's net worth relative to its peers.
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To determine if Meritage is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Meritage's net worth research are outlined below:
Meritage is unlikely to experience financial distress in the next 2 years | |
Over 98.0% of the company shares are owned by institutional investors | |
On 29th of March 2024 Meritage paid $ 0.75 per share dividend to its current shareholders | |
Latest headline from globenewswire.com: Meritage Homes Announces Two-Part Series Investor Day Webcast Calls |
Meritage uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Meritage. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Meritage's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
31st of January 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
31st of January 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Know Meritage's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Meritage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Meritage backward and forwards among themselves. Meritage's institutional investor refers to the entity that pools money to purchase Meritage's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Earnest Partners Llc | 2023-12-31 | 719.2 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 686.2 K | American Century Companies Inc | 2023-12-31 | 583.4 K | Wellington Management Company Llp | 2023-12-31 | 581.2 K | Alliancebernstein L.p. | 2023-12-31 | 565.5 K | Northern Trust Corp | 2023-12-31 | 501.6 K | Amvescap Plc. | 2023-12-31 | 478.1 K | Fmr Inc | 2023-12-31 | 469.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 460.1 K | Blackrock Inc | 2023-12-31 | 6.1 M | Vanguard Group Inc | 2023-12-31 | 4.1 M |
Follow Meritage's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Meritage's market, we take the total number of its shares issued and multiply it by Meritage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Meritage's profitablity
Meritage's profitability indicators refer to fundamental financial ratios that showcase Meritage's ability to generate income relative to its revenue or operating costs. If, let's say, Meritage is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Meritage's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Meritage's profitability requires more research than a typical breakdown of Meritage's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.12 | 0.13 | |
Return On Capital Employed | 0.22 | 0.23 | |
Return On Assets | 0.12 | 0.12 | |
Return On Equity | 0.16 | 0.17 |
When accessing Meritage's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Meritage's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Meritage's profitability and make more informed investment decisions.
The data published in Meritage's official financial statements usually reflect Meritage's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Meritage. For example, before you start analyzing numbers published by Meritage accountants, it's critical to develop an understanding of what Meritage's liquidity, profitability, and earnings quality are in the context of the Household Durables space in which it operates.
Please note, the presentation of Meritage's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Meritage's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Meritage's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Meritage. Please utilize our Beneish M Score to check the likelihood of Meritage's management manipulating its earnings.
Evaluate Meritage's management efficiency
Meritage has Return on Asset of 0.0982 % which means that on every $100 spent on assets, it made $0.0982 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1806 %, implying that it generated $0.1806 on every 100 dollars invested. Meritage's management efficiency ratios could be used to measure how well Meritage manages its routine affairs as well as how well it operates its assets and liabilities. The Meritage's current Return On Tangible Assets is estimated to increase to 0.13. The Meritage's current Return On Capital Employed is estimated to increase to 0.23. As of now, Meritage's Other Assets are increasing as compared to previous years. The Meritage's current Total Current Assets is estimated to increase to about 6.3 B, while Intangible Assets are projected to decrease to under 23.1 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 125.94 | 132.24 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 119.97 | 125.97 | |
Enterprise Value Over EBITDA | 6.68 | 6.35 | |
Price Book Value Ratio | 1.38 | 1.02 | |
Enterprise Value Multiple | 6.68 | 6.35 | |
Price Fair Value | 1.38 | 1.02 | |
Enterprise Value | 3.1 B | 3.2 B |
The analysis of Meritage's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Meritage's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Meritage Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 0.9646 | Revenue 6.3 B | Quarterly Revenue Growth 0.148 | Revenue Per Share 173.223 | Return On Equity 0.1806 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Meritage insiders, such as employees or executives, is commonly permitted as long as it does not rely on Meritage's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Meritage insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Phillippe Lord over two weeks ago Disposition of 2500 shares by Phillippe Lord of Meritage subject to Rule 16b-3 | ||
Alison Sasser over a month ago Disposition of tradable shares by Alison Sasser of Meritage at 151.91 subject to Rule 16b-3 | ||
C White over a year ago Sale by C White of 6812 shares of Meritage |
Meritage Corporate Filings
ASR | 30th of April 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
10Q | 26th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
1st of April 2024 Other Reports | ViewVerify |
Meritage Earnings per Share Projection vs Actual
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Meritage Corporate Directors
Meritage corporate directors refer to members of a Meritage board of directors. The board of directors generally takes responsibility for the Meritage's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Meritage's board members must vote for the resolution. The Meritage board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Michael Odell | Independent Director | Profile | |
Peter Ax | Lead Independent Director | Profile | |
Gerald Haddock | Independent Director | Profile | |
Dana Bradford | Independent Director | Profile |
How to buy Meritage Stock?
The net worth of Meritage is the difference between its total assets and liabilities. Meritage's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Meritage's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Meritage's net worth can be used as a measure of its financial health and stability which can help investors to decide if Meritage is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Meritage stock.Already Invested in Meritage?
The danger of trading Meritage is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Meritage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Meritage. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Meritage is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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Is Meritage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.429 | Dividend Share 1.56 | Earnings Share 21.46 | Revenue Per Share 173.223 | Quarterly Revenue Growth 0.148 |
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.