Meritage Hospitality Group Inc. (MHGU)

OTCMKTS · Delayed Price · Currency is USD
13.49
+0.61 (4.73%)
May 9, 2025, 3:44 PM EDT
-27.36%
Market Cap 89.73M
Revenue (ttm) 672.49M
Net Income (ttm) 3.95M
Shares Out 6.65M
EPS (ttm) 0.56
PE Ratio 24.25
Forward PE n/a
Dividend 0.21 (1.56%)
Ex-Dividend Date Jun 14, 2024
Volume 610
Average Volume 790
Open 12.01
Previous Close 12.88
Day's Range 12.00 - 13.49
52-Week Range 10.91 - 18.57
Beta 0.03
RSI 48.33
Earnings Date Apr 11, 2025

About MHGU

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. It is also involved in franchising activities. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. i... [Read more]

Industry Restaurants
Founded 1986
Employees 12,000
Stock Exchange OTCMKTS
Ticker Symbol MHGU
Full Company Profile

Financial Performance

In 2023, MHGU's revenue was $672.49 million, an increase of 7.42% compared to the previous year's $626.04 million. Earnings were $3.95 million, a decrease of -38.81%.

Financial Statements

News

Meritage Reports First Quarter 2025 Results; Reaffirms Full-Year 2025 Earnings Outlook

GRAND RAPIDS, Mich., April 18, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation's premier franchise operators, today reported financial results for the first q...

21 days ago - GlobeNewsWire

Meritage Announces the Passing of Board Member Duane Kluting

GRAND RAPIDS, Mich., March 10, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation's premier franchise restaurant operators, today announced the sudden passing of...

2 months ago - GlobeNewsWire

Meritage Announces 2024 Full-Year Results; 2025 Outlook: Accelerating Earnings Growth

GRAND RAPIDS, Mich., March 07, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation's premier franchise restaurant operators, today reported financial results for ...

2 months ago - GlobeNewsWire

Meritage Announced 2024 Preliminary Unaudited Results; 2025 Outlook: Accelerating Earning Growth

GRAND RAPIDS, Mich., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise restaurant operator, today reported preliminary financial results f...

4 months ago - GlobeNewsWire

Meritage Hospitality to Present at the Small Cap Growth Virtual Investor Conference December 5th

Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com Company invites individual and institutional investors, as ...

5 months ago - GlobeNewsWire

Meritage Hospitality Group reports Q3 results

Meritage Hospitality Group (MHGU) reports Q3 revenue miss of $10M, net loss of $1.8M, and a decrease in EBITDA to $6.3M compared to last year.

7 months ago - Seeking Alpha

Meritage Reports Third Quarter 2024 Results Sales & Operating Margin Growth Ahead

GRAND RAPIDS, Mich., Oct. 10, 2024 (GLOBE NEWSWIRE) --  Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the third quarter a...

7 months ago - GlobeNewsWire

Meritage Reports Second Quarter 2024 Results; Continued Earnings Growth Ahead

GRAND RAPIDS, Mich., July 12, 2024 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the second quarter e...

10 months ago - GlobeNewsWire

UPDATE – Meritage Announces Annual Meeting Results And Second Quarter Dividend

GRAND RAPIDS, Mich., May 24, 2024 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, announced today during the Annual Shareholders Meeting, th...

1 year ago - GlobeNewsWire

Meritage Announces Annual Meeting Results And Second Quarter Dividend

GRAND RAPIDS, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, announced today during the Annual Shareholders Meeting, th...

1 year ago - GlobeNewsWire

Meritage Reports First Quarter 2024 Results; Strong Earnings Growth

GRAND RAPIDS, Mich., April 12, 2024 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the first quarter e...

1 year ago - GlobeNewsWire

Meritage Reports 2023 Full-Year Preliminary Results; 2024 Outlook: Accelerated Earnings Growth

GRAND RAPIDS, Mich., Feb. 20, 2024 (GLOBE NEWSWIRE) --  Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise restaurant operator, today reported preliminary financial results ...

1 year ago - GlobeNewsWire

Meritage Announces Fourth Quarter Dividend: Margin Improvements Forecasted In 2024

GRAND RAPIDS, Mich., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, announced today the Company's Board of Directors approved...

1 year ago - GlobeNewsWire

Meritage Reports Third Quarter 2023 Results Operating Margin Improvements Ahead

GRAND RAPIDS, Mich., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the third quarter an...

1 year ago - GlobeNewsWire

Meritage Announces Third Quarter Dividend: and 7 Brew Coffee Development Opportunity

GRAND RAPIDS, Mich., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, announced today the Company's Board of Directors approved...

1 year ago - GlobeNewsWire

Meritage Reports Second Quarter 2023 Results; Continued Solid Growth Ahead

GRAND RAPIDS, Mich., July 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the second quarter e...

1 year ago - GlobeNewsWire

Meritage Announces Annual Meeting Results and Second Quarter Dividend

GRAND RAPIDS, Mich., May 16, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, announced today during the Annual Shareholders Meeting, th...

2 years ago - GlobeNewsWire

Meritage Reports Acquisition of 25 Wendy's Restaurants in North Carolina & Virgina

GRAND RAPIDS, Mich., May 10, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, announced today that it has acquired an additional 25 Wend...

2 years ago - GlobeNewsWire

Meritage Reports First Quarter 2023 Results; Strong Sales Growth Ahead

GRAND RAPIDS, Michigan, April 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the first quarte...

2 years ago - GlobeNewsWire

Meritage Reports 2022 Full-Year Preliminary Results; 2023 Outlook: Transformational Growth Ahead

GRAND RAPIDS, Mich., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise restaurant operator, today reported preliminary financial results f...

2 years ago - GlobeNewsWire

UPDATE -- Meritage Enters Agreement to Acquire Large Wendy's Restaurant Portfolio

GRAND RAPIDS, Mich., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today announced that the Company has entered into a defin...

2 years ago - GlobeNewsWire

Meritage Enters Agreement to Acquire Large Wendy's Restaurant Portfolio

GRAND RAPIDS, Mich., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today announced that the Company has entered into a defin...

2 years ago - GlobeNewsWire

MERITAGE ANNOUNCES COMMON STOCK DIVIDEND

GRAND RAPIDS, Mich., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today announced that the Company's Board of Directors app...

2 years ago - GlobeNewsWire