Meritage Hospitality Group Inc.

MHGU

US59000K3095

Restaurants & Bars

Market Closed - OTC Markets Other stock markets 02:24:00 2024-04-26 pm EDT			5-day change	1st Jan Change
17.5 ^USD	-1.13%		-2.41%	-10.26%

Apr. 12	Meritage Hospitality Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 20	Meritage Hospitality Group Inc. Provides Dividend Guidance for the Full Year 2024	CI

Meritage Hospitality Group Inc. Provides Earnings Guidance for the Full Year 2024

February 20, 2024 at 12:30 pm EST

Meritage Hospitality Group Inc. provided earnings guidance for the full year 2024. for the year, the company expects Sales growth of +5% to +10%, Earnings from Operations growth of +65% to +75% and Net Earnings growth of +145% to +155%.

Latest news about Meritage Hospitality Group Inc.

Meritage Hospitality Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 11	CI
Meritage Hospitality Group Inc. Provides Dividend Guidance for the Full Year 2024	Feb. 20	CI
Meritage Hospitality Group Inc. Provides Earnings Guidance for the Full Year 2024	Feb. 20	CI
Meritage Hospitality Group Inc. Approves Quarterly Special Dividend, Payable on January 1, 2024	Nov. 08	CI
Meritage Hospitality Group Inc. Provides Earnings Guidance for the Year 2023	23-08-16	CI
Meritage Hospitality Group Inc. to Build Up to 64 Restaurant Locations by the End of 2030	23-08-16	CI
Meritage Hospitality Group Inc. Approves Quarterly Special Dividend, Payable on October 1, 2023	23-08-16	CI
Meritage Hospitality Group Inc. Provides Earnings Guidance for the Year 2023	23-07-14	CI
Meritage Hospitality Group Inc. Approves Quarterly Special Dividend, Payable on July 1, 2023	23-05-16	CI
Meritage Hospitality Group Inc. acquired an additional 25 Wendy's restaurants located in the North Carolina and Virginia.	23-05-09	CI
Meritage Hospitality Group Inc. announced a financing transaction	23-05-04	CI
Meritage Hospitality Group Inc. Reports Earnings Results for the Full Year Ended January 01, 2023	23-03-07	CI
Meritage Hospitality Group Inc. Provides Dividend Guidance for the Year 2023	23-02-14	CI
Meritage Hospitality Group Inc. Provides Earnings Guidance for the Full-Year 2023	23-02-14	CI
Meritage Hospitality Group Inc. agreed to acquire Portfolio of 43 Wendy's Restaurants Located in Mid-West	22-12-19	CI
Meritage Hospitality Group Inc. Approves a Special Quarterly Dividend, Payable on January 12, 2023	22-12-15	CI
Meritage Opens First Taco John’S Restaurant Under 50 Unit Development Agreement	22-12-13	CI
Meritage Hospitality Group Inc. Appoints John W. Inwright to Serve on the Board of Directors	22-11-21	CI
Meritage Commences Construction on First Ohio Taco John’S Restaurant Under 50 Unit Development Agreement	22-10-19	CI
Meritage Hospitality Group Inc. Provides Dividend Guidance for the Year 2022	22-08-08	CI
Meritage Hospitality Group Inc. Approves A Special Quarterly Dividend, Payable on October 1, 2022	22-08-08	CI
Meritage Hospitality Group Inc. Provides Sales Guidance for the Year 2022	22-08-08	CI
Meritage Hospitality Group Inc. Commences Construction on First Taco John's Restaurant	22-08-02	CI
Meritage Hospitality Group Inc. Provides Dividend Guidance for the Year 2022	22-07-14	CI
Meritage Hospitality Group Inc. Provides Sales Guidance for the Year 2022	22-07-14	CI

Chart Meritage Hospitality Group Inc.

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Company Profile

Meritage Hospitality Group Inc. operates in the quick-service and casual dining restaurant industries. The Company owns six independent restaurants operating under two concepts throughout Michigan, which include three Morning Belle restaurants and three Stanâs Tacos. It operates over 349 Wendyâs quick-service restaurants. It operates Wendyâs quick-service restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. The Companyâs Taco Johnâs quick-service restaurant operates in Michigan. Wendyâs restaurant offers a diverse menu of food items featuring hamburgers and chicken sandwiches. Taco Johnâs menu includes meat and potato burritos, stuffed grilled tacos, quesadillas, signature Potato Oles, and crave worthy fried chicken tacos. Stanâs Tacos restaurants are located in Standale, Grand Rapids, and Grand Haven, Michigan.

Sector

Restaurants & Bars

Calendar

2024-05-21 - Annual General Meeting

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.5 USD

Average target price

24 USD

Spread / Average Target

+37.14%

Consensus

Annual profits - Rate of surprise

Company calendar

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