-$0.02 (-1.02%)
Industry, Sector & symbol
| Stock Exchange | OTC |
| CEO | Robert E. Schermer Jr. |
| Industry | Restaurants |
| Sector | Consumer Cyclical |
| Current Symbol | MHGU |
| CUSIP | 59000K309 |
| CIK | 0000808219 |
| Web | https://www.meritagehospitality.com |
| Phone | 616 776 2600 |
| Currency | USD |
| Employees | 10000 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 6.53 |
| Payout Ratio | -0.04 |
| Current Ratio | 0.15 |
| Quick Ratio | 0.13 |
| Cash Ratio | 0.07 |
Sales & Book Value
| Annual Sales | $617.7M |
| Price / Sales | 0.03 |
| Cash Flow | -2.61 |
| Price / Cash Flow | -0.95 |
| Price / Book | 0.17 |
Price Target and Rating
| Average Stock Price Forecast | $ |
| High Stock Price Forecast | $ |
| Low Stock Price Forecast | $ |
| Forecast Upside/Downside | % |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-5.1 |
| Trailing P/E Ratio | -0.39 |
| PEG Ratio | 0.00 |
| P/E Growth | 0.00 |
| Net Income | $-31.75M |
| Net Margin | -6.21% |
| Pretax Margin | -8.42% |
| Return on Equity | -35.19% |
| Return on Assets | -4.86% |
Financials Score
| AltmanZ Score | 0.46 |
| Piotroski Score | 4.00 |
| Working Capital | -230.69M |
| Total Assets | 760.55M |
| Ebit | -12.17M |
| Market Cap | 15.78M |
| Total Liabilities | 671.81M |
About Meritage Hospitality Group Inc. (OTC:MHGU) Stock
Meritage Hospitality Group Inc. oversees and manages various quick-service and casual dining establishments. The company operates restaurants under the widely recognized Wendy's banner, as well as its own distinct brands: Morning Belle, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters. By January 2, 2022, its operational scope extended to 337 restaurants located across sixteen states, including Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. Incorporated in 1986, the organization was originally known as Thomas Edison Inns, Inc., adopting its current name, Meritage Hospitality Group Inc., in May 1996. Its principal office is situated in Grand Rapid ... s, Michigan.
Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better
2026-05-08 17:44:00
GRAND RAPIDS, Mich., May 08, 2026 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation's premier franchise operators, today reported financial results for the first quarter ending March 29, 2026.
Frequently Asked Questions
What is the current Meritage Hospitality Group Inc. (MHGU) stock price?
Meritage Hospitality Group Inc.(OTC:MHGU) stock price is $2.326 in the last trading session. During the trading session, MHGU stock reached the peak price of $13.12 while $1.34 was the lowest point it dropped to. The percentage change in MHGU stock occurred in the recent session was --1.02% while the dollar amount for the price change in MHGU stock was -$-0.02.
MHGU's industry and sector of operation?
The OTC listed MHGU is part of Restaurants industry that operates in the broader Consumer Cyclical sector.
Who are the executives of MHGU?
Kristen Buter
| Director of Legal & Risk
Robert E. Schermer Jr.
| Chief Executive Officer & Director
Dayna Krug
| Director of Accounting
Tracey A. Smith
| Chief Financial Officer, Vice President, Secretary & Treasurer
Rafael Romero
| Director of Marketing
How many employees does MHGU have?
Number of MHGU employees currently stands at 10000. MHGU operates from 45 Ottawa Avenue SW, Grand Rapids, MI 49503, US.
Link for MHGU official website?
Official Website of MHGU is: https://www.meritagehospitality.com
How do I contact MHGU?
MHGU could be contacted at phone #616 776 2600 and can also be accessed through its website. MHGU operates from 45 Ottawa Avenue SW, Grand Rapids, MI 49503, US.
How many shares of MHGU are traded daily?
The average number of MHGU shares traded daily for last 3 months was 6.75K.
What is the market cap of MHGU currently?
The market value of MHGU currently stands at $15.62M with its latest stock price at $2.326