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SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US OptionsDetailed Quotes
MTH240719P180000
- 2.00
- -7.40-78.72%
15min DelayClose Jul 16 15:58 ET
2.00High2.00Low
2.00Open9.40Pre Close1 Volume10 Open Interest180.00Strike Price200.00Turnover90.96%IV6.58%PremiumJul 19, 2024Expiry Date0.00Intrinsic Value100Multiplier2DDays to Expiry2.00Extrinsic Value100Contract SizeAmericanOptions Type-0.2223Delta0.0198Gamma95.27Leverage Ratio-0.8443Theta-0.0032Rho-21.17Eff Leverage0.0492Vega
Intraday
- 5D
- Daily
News
Express News | Shares of Household Durable Stocks Are Trading Higher After Store Sales of Building Material and Garden Supplies Rose 1.4% in June. Also, Strength May Be Due to Trader Optimism That the Fed Will Cut Rates
Evercore ISI Raises Meritage Homes Price Target to $221 From $219, Maintains Outperform Rating
Meritage Homes (MTH) has an average rating of Hold and price targets ranging from $148 to $232, according to analysts polled by Capital IQ.Price: 182.54, Change: +4.60, Percent Change: +2.59
Meritage Price Target Raised to $221.00/Share From $219.00 by Evercore ISI Group
Meritage Price Target Raised to $221.00/Share From $219.00 by Evercore ISI
Meritage Is Maintained at Outperform by Evercore ISI Group
Meritage Is Maintained at Outperform by Evercore ISI
Meritage Homes Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/15/2024 21.75% Evercore ISI Group $219 → $221 Maintains Outperform 05/21/2024 -18.47% Wedbush $148 → $1
Evercore Maintains Meritage Homes(MTH.US) With Buy Rating, Raises Target Price to $221
Evercore analyst Stephen Kim maintains $Meritage Homes(MTH.US)$ with a buy rating, and adjusts the target price from $219 to $221.According to TipRanks data, the analyst has a success rate of 68.3%
Comments
Insider selling of shares, particularly below current price, may be a negative signal. Lack of insider buying in the past year and recent selling could shake investor confidence. High insider ownership, however, may indicate alignment of management's interests with shareholders.
Don't Ignore The Insider Selling In Meritage Homes 1
Meritage Homes' dividend is sustainable, backed by profit and cash flow. Rapid earnings growth and low payout ratio indicate reinvestment in business growth, reducing future dividend cut risks. However, investors should note potential risks, including 1 warning sign.
Analysts are more negative on the business after recent results, with a small dip in next year's earnings per share numbers. Despite this, the consensus price target remains unchanged, indicating that lower forecast earnings won't lead to a lower stock price soon. However, Meritage Homes' revenues are expected to underperform the wider industry.
Despite Meritage Homes trading below industry PE ratio, negative growth risk looms. Investors should consider portfolio exposure or diversify. Potential investors must consider risks of future negative growth.
The company's reduced P/E ratio might be due to its declining earnings and predicted contraction in EPS. Unless conditions improve and profitability increases, this may continue to prevent the share price from increasing.
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