Meritage Homes (NYSE:MTH) has outperformed the market over the past 10 years by 3.19% on an annualized basis producing an average annual return of 14.11%. Currently, Meritage Homes has a market capitalization of $5.60 billion.
Buying $100 In MTH: If an investor had bought $100 of MTH stock 10 years ago, it would be worth $371.73 today based on a price of $154.09 for MTH at the time of writing.
Meritage Homes's Performance Over Last 10 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.