Meritage Hospitality Group Inc. (MHGU)
Grand Rapids, MI, US
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 Rapids, Michigan.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | -6.67% | -39.83% | -60.00% | +0.00% | -84.43% | -88.33% | -89.95% | -81.66% | -77.89% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2025-07 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Restaurants: +7.4%-7.6% Q1'26: -14.2% (vs Q1'25)
-
EPS growth Restaurants: +14.8%-884.6% Q1'26: -125.0% (vs Q1'25)
-
FCF margin FCF growth · Restaurants: +21.6%+1.0% Q1'26: -0.5% (vs Q1'25)
-
EBIT margin Restaurants: +6.1%-1.3% Q1'26: -8.0% (vs Q1'25)
-
ROIC Restaurants: +6.2%-1.2%
-
Share dilution Restaurants: +0.0%-18.8% ★ Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Restaurants: 0.72×56.73× Q1'26: -13.49× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
|---|---|---|---|
| Revenue |
672.49M
est: 678.10M (-0.8%)
|
668.80M
est: 674.80M (-0.9%)
|
617.70M
est: 685.80M (-9.9%)
|
| EBITDA |
41.16M
est: 47.28M (-12.9%)
|
37.55M
est: 37.53M (+0.1%)
|
10.09M
est: 38.14M (-73.6%)
|
| EBIT |
22.61M
est: 27.75M (-18.5%)
|
18.34M
est: 18.42M (-0.4%)
|
-7.96M
est: 18.72M (-142.5%)
|
| Net Income |
6.14M
est: 6.99M (-12.1%)
|
7.80M
est: 4.57M (+70.8%)
|
-31.75M
est: 6.78M (-568.1%)
|
| SGA |
58.29M
est: 131.96M (-55.8%)
|
148.49M
est: 132.02M (+12.5%)
|
141.96M
est: 134.18M (+5.8%)
|
| EPS |
0.71
est: 0.82 (-13.4%)
|
0.84
est: 0.66 (+27.3%)
|
-5.10
est: 0.98 (-620.4%)
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-07 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-06 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-04 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-30 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-27 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-24 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-23 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-22 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-21 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-20 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-17 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-16 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Peter D. Wierenga | 271.1K | 6.20% | 261.7K | — | 261.7K | — | IN | United States of America | 2000-11-09 | ↗ |
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Robert E. Schermer Jr. | Chief Executive Officer & Director | 375.5K | male |
| Gary A. Rose | President, Chief Operating Officer & Director | 331.4K | male |
| Tracey A. Smith | Chief Financial Officer, Vice President, Secretary & Treasurer | 270.0K | female |
| Alex Rusticus | President of Wendy's Operations | — | male |
| Rafael Romero | Director of Marketing | — | male |
| Miranda Johnson | Director of Human Resources | — | — |
| Dayna Krug | Director of Accounting | — | female |
| Kristen Buter | Director of Legal & Risk | — | female |
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for MHGU
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
