After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
Stocks Info
This NYSE-listed company operates within the Residential Construction industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Meritage Homes Corp is $5.83B. A total of 0.95 million shares were traded on the day, compared to an average of 914.34K shares.
In the most recent transaction, Michael R. Odell sold 5,000 shares of MTH for 200.00 per share on Aug 23 ’24. After the transaction, the Director now owns 22,750 company shares. In a previous transaction on Aug 23 ’24, Michael R. Odell bought 5,000 shares at 199.86 per share.
Among the insiders who sold shares, Sferruzza Hilla disposed of 2,500 shares on Jul 31 ’24 at a per-share price of $205.00. This resulted in the Chief Financial Officer holding 44,570 shares of MTH after the transaction. In another insider transaction, Sferruzza Hilla bought 2,500 shares at $203.28 per share on Jul 31 ’24.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Meritage Homes Corp pays an annual dividend of $3.00, resulting in a dividend yield of 3.72%, and it has a price to earnings (P/E) ratio of 7.30. MTH’s most recent ex-dividend date was 1.4% when it declared a $0.3750 quarterly dividend that was paid in cash on 12/17/2024. Previously, the company paid the dividend on 9/16/2024 with an ex-dividend date of 1.3%. The MTH stock dividend was $0.3750 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MTH has a high of $106.99 and a low of $73.05.
As of this writing, MTH has an earnings estimate of $2.2 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of $2.3 per share and a lower estimate of $2.12.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MTH’s latest balance sheet shows that the firm has $618.34M in Cash & Short Term Investments as of fiscal 2021. There were $1.19B in debt and $543.46M in liabilities at the time. Its Book Value Per Share was $69.51, while its Total Shareholder’s Equity was $3.04B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MTH is Buy with a score of 3.73.
