Why is Meritage Homes stock sliding today?
- Investing.com
Metrics to compare | MTH | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipMTHPeersSector | |
|---|---|---|---|---|
P/E Ratio | 12.9x | 24.9x | 9.8x | |
PEG Ratio | −0.28 | −2.72 | 0.02 | |
Price/Book | 0.8x | 3.0x | 1.4x | |
Price / LTM Sales | 0.8x | 1.8x | 0.9x | |
Upside (Analyst Target) | 23.7% | 18.0% | 33.2% | |
Fair Value Upside | Unlock | −10.2% | 12.5% | Unlock |
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.