Analysts Forecast Bright Future for Meritage Homes Corporation at $92.42 Close
January 9, 2023
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Meritage Homes Stock Fair Value – Meritage Homes ($NYSE:MTH) Corporation is a leading homebuilder in the United States, with operations in nine states across the country. The company has made a name for itself in the homebuilding industry as one of the most reliable and trusted names in the business. Recently, analysts have been predicting a bright future for Meritage Homes Corporation at its current market close of $92.42. The company’s focus on innovation and quality has helped it to stay ahead of the competition and remain profitable despite challenging times in the housing market. Meritage Homes Corporation is one of the leading players in the industry, with a strong presence in nine states and operations that span multiple divisions. The company is focused on creating homes that are highly energy efficient and environmentally friendly, which has helped to attract more customers and increase sales.
Additionally, Meritage Homes Corporation has been able to reduce its costs through economies of scale, which has further improved its bottom line. With its strong focus on innovation and quality, Meritage Homes Corporation is well positioned to capitalize on the growth opportunities in the industry and continue to be a leader in the homebuilding sector.
Market Price
At the time of writing, there is mainly positive media exposure surrounding the company. This suggests that investors have confidence in the company’s long-term performance and are willing to invest their money in it. The company is well-positioned to benefit from the current economic conditions, and its stock has been steadily increasing in value over the past few months. Analysts predict that the company will continue to do well in the future, as it has been able to capitalize on the current market conditions and provide strong returns for investors. Meritage Homes Corporation has also been focusing on expanding its operations in order to capitalize on the current market situation. The company has recently acquired two companies, which have expanded its reach and allowed it to access new markets.
This acquisition strategy has allowed the company to capture more customers and gain more revenue. Overall, analysts believe that Meritage Homes Corporation will continue to experience success in the long run. Its stock is currently trading at a higher price than it was at the beginning of the year, and analysts expect this trend to continue in the near future. Investors should keep an eye on the stock, as it could potentially provide an attractive opportunity for growth and long-term returns. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Meritage Homes. More…
| Total Revenues | Net Income | Net Margin |
| 5.8k | 967.29 | 14.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Meritage Homes. More…
| Operations | Investing | Financing |
| -215.45 | -26.82 | 51.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Meritage Homes. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.31k | 1.9k | 93.32 |
Key Ratios Snapshot
Some of the financial key ratios for Meritage Homes are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.8% | 63.9% | 18.6% |
| FCF Margin | ROE | ROA |
| -4.2% | 23.1% | 14.8% |
VI Analysis – Meritage Homes Stock Fair Value Calculator
MERITAGE HOMES is a company whose fundamentals reflect its long-term potential. The company’s fair value is estimated to be around $106.8, according to the VI Line valuation tool. This is based on a variety of factors, including financial statements, industry analysis and current market conditions. Despite this, the stock is currently trading at just $93.3, meaning it is undervalued by 13%. This could be an attractive opportunity for investors looking for a good long-term return. The company has a strong balance sheet and is well-positioned in its sector. This is an indication of the company’s strong financial health and its ability to generate returns on its investments. This makes it an attractive option for income investors seeking a steady stream of income from their investments. Overall, MERITAGE HOMES appears to be an attractive investment opportunity, particularly given its current undervaluation. Investors should conduct further research into the company in order to form a more complete picture of its potential. More…
VI Peers
Beazer Homes USA Inc is a privately held company that is the tenth largest homebuilder in the United States. Skyline Champion Corp is a publicly traded company and the fifth largest builder in the United States. Taylor Morrison Home Corp is a publicly traded company and is the seventh largest homebuilder in the United States.
– Beazer Homes USA Inc ($NYSE:BZH)
Beazer Homes USA Inc is one of the largest homebuilders in the United States. The company has a market cap of 311.19M as of 2022 and a return on equity of 15.8%. Beazer Homes builds and sells single-family homes, townhomes, and condominiums in the United States. The company was founded in 1985 and is headquartered in Atlanta, Georgia.
– Skyline Champion Corp ($NYSE:SKY)
Skyline Champion Corporation is an American publicly traded company and one of the largest manufacturers of manufactured homes, modular homes, and park model RVs in North America. The company is headquartered in Elkhart, Indiana.
As of 2022, Skyline Champion Corporation has a market capitalization of 3.08 billion and a return on equity of 30.7%. The company’s primary business is the design, production, and sale of manufactured homes, modular homes, and park model RVs. Skyline Champion Corporation operates in three segments: Factory-Built Housing, Modular Buildings, and Park Models.
– Taylor Morrison Home Corp ($NYSE:TMHC)
Taylor Morrison Home Corporation is a homebuilder and land developer in the United States. The Company’s segments include Homebuilding and Financial Services. The Homebuilding segment builds and sells single-family detached and attached homes designed primarily for the entry-level and first move-up markets. This segment also provides mortgage banking and title services to homebuyers in its communities. The Financial Services segment provides mortgage banking and title services to third-party homebuyers in communities where it does not build homes, as well as to homebuyers of Taylor Morrison homes. The Company operates in Arizona, California, Colorado, Florida, Georgia, Illinois, North Carolina and Texas.
Summary
Meritage Homes Corporation is a leading homebuilder in the United States, with a strong presence in the luxury and affordable housing markets. Analysts currently forecast a bright future for Meritage Homes Corporation, with its stock closing at $92.42 at the time of writing. Media exposure for the company has been mostly positive, with favorable reviews of their construction quality, customer service and financial performance. With an attractive valuation and strong growth potential, investing in Meritage Homes can be a great opportunity for investors who are looking for long-term gains.
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