Meritage Hospitality Group Overview

  • Founded
  • 1986

Founded

  • Status
  • Public

  • Employees
  • 11,000

Employees

  • Stock Symbol
  • MHGU

Stock Symbol

  • Investments
  • 20

  • Share Price
  • $19.20
  • (As of Monday Closing)

Meritage Hospitality Group General Information

Description

Meritage Hospitality Group Inc is one of the nation's premier restaurant operators, with more than 300 restaurants in operation located in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia.

Contact Information

Website
www.meritagehospitality.com
Formerly Known As
Thomas Edison Inns
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Restaurants and Bars
Stock Exchange
PINX
Primary Office
  • 45 Ottawa Avenue South West
  • Suite 600
  • Grand Rapids, MI 49503
  • United States
+1 (616) 000-0000

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Meritage Hospitality Group Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$19.20 $19.70 $16.50 - $21.25 $125M 6.51M 2.07K $0.51

Meritage Hospitality Group Financials Summary

In Thousands,
USD 		TTM 30-Jun-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 687,950 664,443 659,159 621,115
Revenue 654,280 626,043 577,127 516,178
EBITDA 33,336 35,249 46,313 45,247
Net Income 5,422 8,485 17,445 14,910
Total Assets 838,547 791,318 758,631 689,926
Total Debt 628,277 586,155 567,885 521,798
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Meritage Hospitality Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Meritage Hospitality Group Executive Team (4)

Name Title Board Seat Contact Info
Robert Schermer Jr. Chief Executive Officer
Gary Rose President & Chief Operating Officer
Tracey Smith Vice President & Chief Financial Officer
You’re viewing 3 of 4 executive team members. Get the full list »

Meritage Hospitality Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Meritage Hospitality Group Investments & Acquisitions (20)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000 00000'0 0 10-May-2023 000000000 Buildings and Property 000000 00
000 00000'0 0 20-Dec-2022 000000000 Buildings and Property 000000 00
000 00000'0 0 14-Jul-2022 000000000 Buildings and Property 000000 00
00000'0 (0 00 30-Oct-2019 000000000 Buildings and Property 000000 00
The Wendy's Company (5 restaurants in Odessa/Midland, Texas) 10-Sep-2019 Corporate Asset Purchase Buildings and Property 000000 00
You’re viewing 5 of 20 investments and acquisitions. Get the full list »

Meritage Hospitality Group Subsidiaries (1)

Company Name Industry Location Founded
000 00000000000 Human Capital Services Grand Rapids, MI 0000
To view Meritage Hospitality Group’s complete subsidiaries history, request access »