EPS for Meritage Homes (MTH) Expected At $1.25; Shorts at Brighthouse Financial (BHF) Lowered By 3.65%

January 14, 2018 - By wolcottdaily

Analysts expect Meritage Homes Corporation (NYSE:MTH) to report $1.25 EPS on February, 7.They anticipate $0.03 EPS change or 2.46% from last quarter’s $1.22 EPS. MTH’s profit would be $50.40M giving it 10.58 P/E if the $1.25 EPS is correct. After having $1.02 EPS previously, Meritage Homes Corporation’s analysts see 22.55% EPS growth. The stock decreased 1.03% or $0.55 during the last trading session, reaching $52.9. About 443,156 shares traded or 12.40% up from the average. Meritage Homes Corporation (NYSE:MTH) has risen 18.92% since January 14, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Brighthouse Financial Incorporated (NASDAQ:BHF) had a decrease of 3.65% in short interest. BHF’s SI was 2.40M shares in January as released by FINRA. Its down 3.65% from 2.49 million shares previously. With 793,900 avg volume, 3 days are for Brighthouse Financial Incorporated (NASDAQ:BHF)’s short sellers to cover BHF’s short positions. The SI to Brighthouse Financial Incorporated’s float is 2.87%. The stock increased 0.17% or $0.11 during the last trading session, reaching $65.36. About 853,491 shares traded or 4.42% up from the average. Brighthouse Financial, Inc. (NASDAQ:BHF) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Brighthouse Financial, Inc. provides life insurance and annuity solutions in the United States. The company has market cap of $7.83 billion. It offers shield, variable, guaranteed income builder, income, and fixed annuities; and permanent and term life insurance products. It currently has negative earnings. The firm was incorporated in 2016 and is based in Charlotte, North Carolina.

Among 7 analysts covering Brighthouse Financial (NASDAQ:BHF), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Brighthouse Financial had 9 analyst reports since August 8, 2017 according to SRatingsIntel. The rating was initiated by Argus Research on Thursday, September 21 with “Hold”. RBC Capital Markets maintained the shares of BHF in report on Thursday, October 12 with “Hold” rating. RBC Capital Markets maintained the stock with “Hold” rating in Monday, September 11 report. Bank of America upgraded Brighthouse Financial, Inc. (NASDAQ:BHF) rating on Friday, September 8. Bank of America has “Hold” rating and $63.0 target. The firm has “Hold” rating given on Tuesday, September 5 by Sandler O’Neill. The firm earned “Hold” rating on Friday, November 3 by RBC Capital Markets.

Investors sentiment increased to 1.25 in Q3 2017. Its up 0.07, from 1.18 in 2017Q2. It improved, as 14 investors sold Meritage Homes Corporation shares while 41 reduced holdings. 14 funds opened positions while 55 raised stakes. 40.81 million shares or 4.31% more from 39.12 million shares in 2017Q2 were reported. Ameriprise Inc accumulated 0% or 212,639 shares. Earnest Ptnrs Ltd has invested 0.78% in Meritage Homes Corporation (NYSE:MTH). Legal & General Public Limited Liability Company invested 0% of its portfolio in Meritage Homes Corporation (NYSE:MTH). Dupont Management Corporation has 13,830 shares for 0.01% of their portfolio. Nj State Employees Deferred Compensation Plan reported 20,000 shares or 0.16% of all its holdings. Deutsche Bank & Trust Ag invested in 0.01% or 420,888 shares. Moreover, Parametric Portfolio Ltd has 0% invested in Meritage Homes Corporation (NYSE:MTH). Millennium Management Limited Liability invested in 1.40 million shares or 0.09% of the stock. Ruane Cunniff Goldfarb stated it has 315,000 shares. Pinebridge Investments Lp invested in 41,695 shares or 0.04% of the stock. Moreover, State Street Corporation has 0% invested in Meritage Homes Corporation (NYSE:MTH). Sector Pension Invest Board invested in 0% or 23,866 shares. State Of Tennessee Treasury Department owns 32,900 shares for 0.01% of their portfolio. 11,040 are owned by Alpha Windward Ltd Limited Liability Company. Northern Trust holds 853,739 shares or 0.01% of its portfolio.

Since December 12, 2017, it had 0 buys, and 1 sale for $605,640 activity. Sarver Robert Gary had sold 12,000 shares worth $605,640.

Meritage Homes Corporation designs and manufactures single-family homes in the United States. The company has market cap of $2.13 billion. The firm operates through two divisions, Homebuilding and Financial Services. It has a 14.02 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.

Among 17 analysts covering Meritage (NYSE:MTH), 2 have Buy rating, 2 Sell and 13 Hold. Therefore 12% are positive. Meritage had 47 analyst reports since July 30, 2015 according to SRatingsIntel. Credit Suisse downgraded the shares of MTH in report on Monday, July 11 to “Underperform” rating. JP Morgan downgraded the stock to “Neutral” rating in Tuesday, August 2 report. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, October 13. The stock has “Hold” rating by Deutsche Bank on Wednesday, August 2. FBR Capital maintained the shares of MTH in report on Monday, November 2 with “Mkt Perform” rating. On Wednesday, October 4 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. As per Friday, April 28, the company rating was maintained by Wood. Citigroup upgraded Meritage Homes Corporation (NYSE:MTH) on Monday, January 8 to “Buy” rating. The rating was maintained by FBR Capital with “Mkt Perform” on Friday, July 29. Deutsche Bank downgraded Meritage Homes Corporation (NYSE:MTH) on Tuesday, August 2 to “Hold” rating.

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