Meritage Hospitality Group Inc MHGUQ

$0.05 +0.02 (54.29%)

Valuation

Market cap
364,000
Revenue TTM
$617,670,000
Net income TTM
$-31,750,000
PE ratio
0.00
Forward PE
—
Profit margin
-5.14%
Debt to equity
2.17

Trading

Volume
20,300
Avg volume
34,646
Day's range
$0.03 – $0.06
Shares out
6,748,000
Stochastic %K
30%
Beta
-0.08
Analysts
Strong Sell
Price target
$20.00

Price

Company profile

Meritage Hospitality Group Inc., together with its subsidiaries, operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Blue Porch Bar & Grill brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. It is also involved in franchi...

Show more

Meritage Hospitality Group Inc., together with its subsidiaries, operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Blue Porch Bar & Grill brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North 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. in May 1996. Meritage Hospitality Group Inc. was founded in 1969 and is based in Grand Rapids, Michigan. On September 17, 2026 along with affiliates Meritage Hospitality Group Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Western District of Michigan.

Industry
Restaurants
Sector
Consumer Cyclical
Phone
616 776 2600
Website
https://www.meritagehospitality.com
Address
45 Ottawa Avenue SW, Suite 600, Grand Rapids, United States

Latest news

No headlines yet.