Here's How Much You Would Have Made Owning Meritage Homes Stock In The Last 20 Years

Meritage Homes MTH has outperformed the market over the past 20 years by 1.37% on an annualized basis producing an average annual return of 9.76%. Currently, Meritage Homes has a market capitalization of $7.02 billion.

Buying $1000 In MTH: If an investor had bought $1000 of MTH stock 20 years ago, it would be worth $6,471.81 today based on a price of $193.40 for MTH at the time of writing.

Meritage Homes's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.