With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.44 million shares. During the session, the Residential Construction company that operates in wider Consumer Cyclical sector, reached to the highest price of $174.255 whereas the lowest price it dropped to was $167.66. The 52-week range on MTH shows that it touched its highest point at $179.68 and its lowest point at $109.23 during that stretch. It currently has a 1-year price target of $187.03. With its current market cap of 6.13 billion, MTH has annualized dividend of $1.56 while the current yield stands at 0.92%. Beta for the stock currently stands at 1.76.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTH was up-trending over the past week, with a rise of 12.66%, but this was down by -1.82% over a month. Three-month performance surged to 2.45% while six-month performance rose 54.28%. The stock gained 39.09% in the past year, while it has lost -2.71% so far this year. A look at the trailing 12-month EPS for MTH yields 21.44 with Next year EPS estimates of 20.35. For the next quarter, that number is 4.84. This implies an EPS growth rate of -4.52% for this year and 6.93% for next year. EPS is expected to decline by -7.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.99%.
Float and Shares Shorts:
At present, 36.43 million MTH shares are outstanding with a float of 35.25 million shares on hand for trading. On 2024-04-15, short shares totaled 0.65 million, which was 179.99999999999997 higher than short shares on 1710460800. In addition to Mr. Steven J. Hilton as the firm’s Executive Chairman, Mr. Phillippe Lord serves as its Executive VP, CEO & Director.
Institutional Ownership:
Through their ownership of 1.02646 of MTH’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, MTH reported revenue of $1662823000.0 and operating income of $245958000.0. The EBITDA in the recently reported quarter was $266627000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
