OTCMKTS:MHGU Q1 EPS Forecast Boosted by Northland Capmk

Meritage Hospitality Group Inc. (OTCMKTS:MHGU) – Analysts at Northland Capmk boosted their Q1 2025 earnings estimates for Meritage Hospitality Group in a research report issued to clients and investors on Wednesday, January 22nd. Northland Capmk analyst G. Gibas now expects that the company will earn $0.32 per share for the quarter, up from their previous forecast of $0.25. The consensus estimate for Meritage Hospitality Group’s current full-year earnings is $0.66 per share. Northland Capmk also issued estimates for Meritage Hospitality Group’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.32 EPS and Q4 2025 earnings at $0.34 EPS.

Meritage Hospitality Group Stock Up 0.1 %

Shares of Meritage Hospitality Group stock opened at $14.25 on Thursday. Meritage Hospitality Group has a 12-month low of $13.21 and a 12-month high of $19.00. The company has a quick ratio of 0.22, a current ratio of 0.26 and a debt-to-equity ratio of 1.23. The stock has a 50 day moving average price of $14.50 and a two-hundred day moving average price of $15.77. The stock has a market capitalization of $94.76 million, a P/E ratio of 59.38 and a beta of 0.05.

Meritage Hospitality Group (OTCMKTS:MHGU) last issued its quarterly earnings data on Monday, November 4th. The company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.83). Meritage Hospitality Group had a net margin of 0.62% and a return on equity of 3.38%. The company had revenue of $164.85 million for the quarter, compared to analyst estimates of $181.50 million.

About Meritage Hospitality Group

Meritage Hospitality Group Inc operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Stan's Tacos, as well as Taco John's brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia.