Meritage Homes (MTH) Reaches $44.25 After 5.00% Down Move; 11 Analysts Covering Kosmos Energy Ltd. (KOS)

June 18, 2018 - By Adrian Erickson

Meritage Homes Corporation (NYSE:MTH) Logo

Among 15 analysts covering Kosmos Energy (NYSE:KOS), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Kosmos Energy had 52 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Jefferies to “Hold” on Tuesday, May 8. The firm earned “Buy” rating on Tuesday, October 24 by RBC Capital Markets. The firm has “Outperform” rating given on Wednesday, August 31 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, March 9. Deutsche Bank maintained it with “Buy” rating and $12 target in Tuesday, March 29 report. The rating was maintained by Jefferies on Friday, July 21 with “Buy”. The stock of Kosmos Energy Ltd. (NYSE:KOS) earned “Hold” rating by Jefferies on Wednesday, December 20. The stock of Kosmos Energy Ltd. (NYSE:KOS) earned “Overweight” rating by Barclays Capital on Thursday, May 17. The rating was maintained by Jefferies on Friday, February 9 with “Hold”. The stock of Kosmos Energy Ltd. (NYSE:KOS) earned “Sector Perform” rating by RBC Capital Markets on Thursday, February 25. See Kosmos Energy Ltd. (NYSE:KOS) latest ratings:

11/06/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
17/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight Old Target: $8 Upgrade
08/05/2018 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
13/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $7.0000 Maintain
13/03/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
26/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $10.0 Maintain
09/02/2018 Broker: Jefferies Rating: Hold New Target: $6.0 Maintain
05/02/2018 Broker: RBC Capital Markets Rating: Hold Downgrade
20/12/2017 Broker: Jefferies Rating: Hold New Target: $7.0 Maintain

The stock of Meritage Homes Corporation (NYSE:MTH) is a huge mover today! The stock decreased 2.43% or $1.1 during the last trading session, reaching $44.25. About 230,767 shares traded. Meritage Homes Corporation (NYSE:MTH) has risen 13.33% since June 18, 2017 and is uptrending. It has outperformed by 0.76% the S&P500. Some Historical MTH News: ; 22/03/2018 – CHINA NATIONAL BUILDING MATERIAL -BEIJING NEW BUILDING MATERIAL AND TAISHAN HAVE JOINTLY REACHED SETTLEMENT WITH MERITAGE HOMES OF FLORIDA; 28/05/2018 – Meritage Homes to Donate Brand New Mortgage-Free Home to Operation Homefront in 2018; 28/03/2018 – Meritage Capital to Join Brown Advisory; 18/05/2018 – Meritage Announces Results of 2018 Annual Meeting; 09/05/2018 – Meritage Homes Presenting at JPMorgan Conference May 15; 25/04/2018 – Meritage 1Q EPS $1.07; 27/04/2018 – MERITAGE HOMES REPORTS EXCHANGE OFFER FOR 6% NOTES DUE 2025; 14/05/2018 – Meritage Homes Presenting at JPMorgan Conference Tomorrow; 27/03/2018 – Meritage Homes Closes Below 200-Day Moving Average: Technicals; 26/04/2018 – Meritage Homes Closes Above 50-Day Moving Average: TechnicalsThe move comes after 5 months negative chart setup for the $1.80B company. It was reported on Jun, 18 by Barchart.com. We have $42.04 PT which if reached, will make NYSE:MTH worth $89.90M less.

More news for Meritage Homes Corporation (NYSE:MTH) were recently published by: Streetinsider.com, which released: “US homebuilders fall as rate hike looms” on June 13, 2018. Globenewswire.com‘s article titled: “Market Trends Toward New Normal in Meritage, AllianceBernstein Holding, Viper Energy Partners LP, Huron …” and published on May 21, 2018 is yet another important article.

Since February 12, 2018, it had 0 insider purchases, and 8 selling transactions for $1.56 million activity. The insider Sferruzza Hilla sold 363 shares worth $16,462. Another trade for 7,333 shares valued at $331,452 was made by WHITE C TIMOTHY on Monday, February 12. Shares for $24,353 were sold by Lord Phillippe. Shares for $550,250 were sold by AX PETER L.

Investors sentiment increased to 1.78 in 2018 Q1. Its up 0.39, from 1.39 in 2017Q4. It improved, as 18 investors sold Meritage Homes Corporation shares while 40 reduced holdings. 37 funds opened positions while 66 raised stakes. 37.41 million shares or 1.12% less from 37.83 million shares in 2017Q4 were reported. Goldman Sachs Group, New York-based fund reported 678,685 shares. Canada Pension Plan Inv Board has 0.01% invested in Meritage Homes Corporation (NYSE:MTH). Bluemountain Capital Mgmt Ltd Com invested 0.02% of its portfolio in Meritage Homes Corporation (NYSE:MTH). The California-based Hotchkis And Wiley Capital Limited Liability Company has invested 0% in Meritage Homes Corporation (NYSE:MTH). Moreover, Oppenheimer Asset Mgmt Inc has 0.05% invested in Meritage Homes Corporation (NYSE:MTH). Great Lakes Advisors Ltd Company has invested 0.11% in Meritage Homes Corporation (NYSE:MTH). Ubs Asset Americas has invested 0% of its portfolio in Meritage Homes Corporation (NYSE:MTH). Koch Indus owns 9,286 shares. State Of Tennessee Treasury Department owns 26,850 shares or 0.01% of their US portfolio. Geode Cap Management Ltd Liability Company, a Massachusetts-based fund reported 319,525 shares. Emerald Mutual Fund Advisers Trust reported 0.85% stake. Sei Comm reported 8,666 shares or 0% of all its holdings. Asset Mngmt One Com Ltd reported 0% in Meritage Homes Corporation (NYSE:MTH). 153,377 were reported by Pictet Asset. Amer Grp Incorporated Inc owns 0% invested in Meritage Homes Corporation (NYSE:MTH) for 24,620 shares.

Meritage Homes Corporation designs and manufactures single-family homes in the United States. The company has market cap of $1.80 billion. The firm operates through two divisions, Homebuilding and Financial Services. It has a 11.26 P/E ratio. It acquires and develops land; and constructs, markets, and sells homes for various homebuyers, including first-time, move-up, active adult, and luxury under the Meritage Homes and Monterey Homes brand names.

Analysts await Meritage Homes Corporation (NYSE:MTH) to report earnings on August, 7. They expect $1.11 EPS, up 13.27% or $0.13 from last year’s $0.98 per share. MTH’s profit will be $45.10 million for 9.97 P/E if the $1.11 EPS becomes a reality. After $1.07 actual EPS reported by Meritage Homes Corporation for the previous quarter, Wall Street now forecasts 3.74% EPS growth.

Among 20 analysts covering Meritage (NYSE:MTH), 7 have Buy rating, 1 Sell and 12 Hold. Therefore 35% are positive. Meritage had 62 analyst reports since July 30, 2015 according to SRatingsIntel. Wells Fargo initiated the stock with “Market Perform” rating in Thursday, September 29 report. The company was maintained on Wednesday, October 4 by Keefe Bruyette & Woods. Barclays Capital upgraded the stock to “Overweight” rating in Thursday, April 7 report. The company was upgraded on Tuesday, January 5 by FBN Securities. The stock of Meritage Homes Corporation (NYSE:MTH) has “Neutral” rating given on Tuesday, August 2 by JP Morgan. The firm has “Hold” rating given on Tuesday, August 2 by Deutsche Bank. The firm earned “Mkt Perform” rating on Friday, July 29 by FBR Capital. The rating was maintained by FBR Capital on Thursday, September 10 with “Mkt Perform”. The stock has “Neutral” rating by Bank of America on Wednesday, February 14. The stock of Meritage Homes Corporation (NYSE:MTH) has “Hold” rating given on Thursday, October 19 by Keefe Bruyette & Woods.

More news for Kosmos Energy Ltd. (NYSE:KOS) were recently published by: 247Wallst.com, which released: “5 Stocks Rated Buy Under $10 With Massive Upside Potential” on June 16, 2018. Globenewswire.com‘s article titled: “Market Trends Toward New Normal in Gridsum Holding, Wave Life Sciences, KT, BlackBerry, Kosmos Energy, and …” and published on June 07, 2018 is yet another important article.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.90, from 1.78 in 2017Q4. It turned negative, as 28 investors sold Kosmos Energy Ltd. shares while 46 reduced holdings. 23 funds opened positions while 42 raised stakes. 385.37 million shares or 1.09% less from 389.60 million shares in 2017Q4 were reported. Two Sigma Securities Limited Liability Company has invested 0% in Kosmos Energy Ltd. (NYSE:KOS). Bluecrest Capital Management reported 11,038 shares or 0% of all its holdings. Bluemountain Capital Management Ltd Limited Liability Company has invested 0.01% in Kosmos Energy Ltd. (NYSE:KOS). Arrowstreet Partnership invested 0.01% in Kosmos Energy Ltd. (NYSE:KOS). Sei Invests Com invested in 6,845 shares. Alliancebernstein Lp holds 0% of its portfolio in Kosmos Energy Ltd. (NYSE:KOS) for 95,805 shares. D E Shaw And holds 144,533 shares. Hsbc Hldgs Public Ltd Liability Corp owns 11,454 shares. Invsts has 114,886 shares. 17,819 were accumulated by Cubist Systematic Strategies Lc. State Street Corporation owns 0% invested in Kosmos Energy Ltd. (NYSE:KOS) for 5.92M shares. Texas Yale holds 90,000 shares. Bnp Paribas Arbitrage, a New York-based fund reported 52,278 shares. Goldman Sachs Grp reported 0% in Kosmos Energy Ltd. (NYSE:KOS). Sg Americas Ltd reported 210,085 shares.

Meritage Homes Corporation (NYSE:MTH) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>