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Meritage (MTH)
NYSE:MTH
MTH Stock Chart & Stats
$75.42
$0.91(1.22%)
At close: 4:00 PM EST
$75.42
$0.91(1.22%)
Day’s Range― - ―
52-Week Range$59.27 - $84.74
Previous CloseN/A
Volume216.10K
Average Volume (3M)859.47K
Market Cap
$5.31B
Enterprise Value$6.34B
Total Cash (Recent Filing)$775.16M
Total Debt (Recent Filing)$1.80B
Price to Earnings (P/E)11.5
Beta0.78
Next Earnings
Apr 29, 2026EPS Estimate
1.01Next Dividend Ex-DateN/A
Dividend Yield2.62%
Share Statistics
EPS (TTM)1.20
Shares Outstanding70,406,710
10 Day Avg. Volume1,160,088
30 Day Avg. Volume859,474
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 Cap1.19
Enterprise Value/Revenue1.08
Enterprise Value/Gross Profit5.49
Enterprise Value/Ebitda10.75
Forecast
1Y Price Target
$82.57Price Target Upside9.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)5.79
Revenue Forecast (FY)$5.83B
Bulls Say, Bears Say
Bulls Say
Growth PotentialMeritage Homes expects double-digit community growth, with new communities typically seeing 2-4 times higher sales in the first month.
Market PositionMeritage Homes is recognized as a strong operator consistently gaining market share, becoming the 5th largest US homebuilder by deliveries.
ValuationMeritage trades at 0.9X price-to-book, presenting an attractive valuation and a good entry point for investors.
Bears Say
Backlog StabilityBacklog conversion ratio was 220% which is likely unsustainable, potentially impacting future stability.
Demand EnvironmentThe uncertain incentive level required to maintain current sales pace in a softer demand environment poses a challenge.
Market RisksRisks for Meritage include high mortgage rates, soft housing demand, and rising land prices.
Meritage News
MTH FAQ
What was Meritage’s price range in the past 12 months?
Meritage lowest stock price was $59.27 and its highest was $84.73 in the past 12 months.
What is Meritage’s market cap?
Meritage’s market cap is $5.31B.
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Apr 29, 2026 which is in 82 days.
How were Meritage’s earnings last quarter?
Meritage released its earnings results on Jan 28, 2026. The company reported $1.2 earnings per share for the quarter, missing the consensus estimate of $1.562 by -$0.362.
Is Meritage overvalued?
According to Wall Street analysts Meritage’s price is currently Undervalued.
Does Meritage pay dividends?
Meritage pays a Quarterly dividend of $0.43 which represents an annual dividend yield of 2.62%. See more information on Meritage dividends here
What is Meritage’s EPS estimate?
Meritage’s EPS estimate is 1.01.
How many shares outstanding does Meritage have?
Meritage has 70,406,710 shares outstanding.
What happened to Meritage’s price movement after its last earnings report?
Meritage reported an EPS of $1.2 in its last earnings report, missing expectations of $1.562. Following the earnings report the stock price went up 1.127%.
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
Outperform
1
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4
5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$82.57 (9.48% Upside)
$82.57 (9.48% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 406.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.0%
Last 30 Days ▼ 10.8%
Last 30 Days ▼ 10.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.07%
12-Months-Change
Fundamentals
Return on Equity
8.76%
Trailing 12-Months
Asset Growth
6.03%
Trailing 12-Months
Company Description
Meritage
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
MTH Company Deck
MTH Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mixed picture: Meritage demonstrated operational strengths (record backlog conversion, faster cycle times, disciplined spec management, direct cost savings, strong liquidity) and aggressive capital returns (robust buybacks and dividends). However, those positives were offset by meaningful near-term weaknesses — lower revenue and closings, substantial margin compression, sizable nonrecurring land walkaway and impairment charges, elevated incentives, and reduced absorption/starts — leading management to adopt a conservative near-term posture. The company emphasizes long-term confidence in its strategy and a healthy balance sheet but faces material short-term profitability and demand headwinds.View all MTH earnings summariesMTH Stock 12 Month Forecast
Average Price Target
$82.57
▲(9.48% Upside)
Technical Analysis
Ownership Overview
2.70% Insiders
33.23% Mutual Funds
3.43% Other Institutional Investors
32.24% Public Companies and
Individual Investors