Want to see MTH full AI Analyst Report?
MTH Stock Chart & Stats
$73.35
-$0.11(-0.15%)
At close: 4:00 PM EDT
$73.35
-$0.11(-0.15%)
Day’s Range― - ―
52-Week Range$58.03 - $85.38
Previous Close$73.24
Volume783.94K
Average Volume (3M)964.30K
Market Cap
$4.72B
Enterprise Value$6.64K
Total Cash (Recent Filing)$807.27M
Total Debt (Recent Filing)$1.81B
Price to Earnings (P/E)14.6
Beta0.67
Next Earnings
Oct 28, 2026EPS Estimate
1.24Next Dividend Ex-DateN/A
Dividend Yield2.59%
Share Statistics
EPS (TTM)4.80
Shares Outstanding66,702,430
10 Day Avg. Volume867,044
30 Day Avg. Volume964,298
Financial Highlights & Ratios
PEG Ratio-0.25
Price to Book (P/B)0.90
Price to Sales (P/S)0.80
P/FCF Ratio50.34
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$83.33Price Target Upside13.61% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)4.98
Revenue Forecast (FY)$5.44B
Bulls Say, Bears Say
Bulls Say
Balance Sheet & LiquidityMaterial liquidity and an enlarged revolver give Meritage durable flexibility through the housing cycle. Low net debt-to-capital and undrawn credit reduce refinancing and cash‑flow stress, enabling land investments, opportunistic buybacks and steady dividends over the next several quarters.
Consistent Free Cash FlowSustained TTM operating and free cash flow that closely track net income strengthen the quality of earnings and fund capital allocation without heavy reliance on new debt. This cash‑generation ability supports dividends, buybacks and land spend even amid cyclical revenue swings.
Operational Efficiency & Inventory DisciplineFaster cycle times, high backlog conversion and a deliberate reduction in finished specs lower carrying costs and improve working‑capital efficiency. These operational controls preserve margins and allow later starts, making results less volatile across a 2–6 month horizon.
Bears Say
Land-Basis Margin HeadwindA sizable portion of inventory sits on higher-cost land vintages that will depress gross margins until lower‑basis lots cycle into production. This timing mismatch can structurally compress per‑home profitability and delay margin recovery for multiple quarters.
Weakening Demand & AbsorptionSustained declines in orders and absorption reduce revenue visibility and pricing leverage, forcing slower community cadence or higher incentives. Weaker demand across key markets raises the risk of prolonged lower volumes and diminished operating leverage over the medium term.
Gross Margin CompressionA multiyear step‑down in gross margins reflects lost operational leverage and higher per‑lot costs; persistent margin compression reduces return on invested capital and limits the ability to absorb higher land or incentive costs without cutting growth or returns.
Meritage News
MTH FAQ
What was Meritage’s price range in the past 12 months?
Meritage lowest stock price was $58.03 and its highest was $85.38 in the past 12 months.
What is Meritage’s market cap?
Meritage’s market cap is $4.72B.
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Oct 28, 2026 which is in 87 days.
How were Meritage’s earnings last quarter?
Meritage released its earnings results on Jul 29, 2026. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.293 by $0.077.
Is Meritage overvalued?
According to Wall Street analysts Meritage’s price is currently Undervalued.
Does Meritage pay dividends?
Meritage pays a Quarterly dividend of $0.48 which represents an annual dividend yield of 2.59%. See more information on Meritage dividends here
What is Meritage’s EPS estimate?
Meritage’s EPS estimate is 1.24.
How many shares outstanding does Meritage have?
Meritage has 66,702,430 shares outstanding.
What happened to Meritage’s price movement after its last earnings report?
Meritage reported an EPS of $1.37 in its last earnings report, beating expectations of $1.293. Following the earnings report the stock price went down -1.117%.
Which hedge fund is a major shareholder of Meritage?
Currently, no hedge funds are holding shares in MTH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meritage Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$83.33 (13.61% Upside)
$83.33 (13.61% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 80%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 417.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $79.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.1%
Last 30 Days ▼ 5.5%
Last 30 Days ▼ 5.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.36%
12-Months-Change
Fundamentals
Return on Equity
2.59%
Trailing 12-Months
Asset Growth
-2.60%
Trailing 12-Months
Company Description
Meritage
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
MTH Company Deck
MTH Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a balanced message: management highlighted strong operational execution — cost reductions, faster cycle times, inventory discipline, healthy balance sheet and active shareholder returns — that support resilience in a softer demand environment. However, key demand and financial metrics showed meaningful year-over-year deterioration (orders, closings, revenue, margins and EPS), and management lowered near-term guidance while noting land-cost-related margin headwinds. The tenor was pragmatic and defensive: focused on controlling what they can, positioning for recovery, but acknowledging continued near-term pressure tied to rates, incentives and higher land basis.View all MTH earnings summariesMTH Stock 12 Month Forecast
Average Price Target
$83.33
▲(13.61% Upside)
Technical Analysis
Ownership Overview
2.97% Insiders
32.02% Mutual Funds
3.06% Other Institutional Investors
33.19% Public Companies and
Individual Investors