Meritage (MTH)
NYSE:MTH
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MTH Stock Chart & Stats
$68.07
$0.91(1.22%)
At close: 4:00 PM EST
$68.07
$0.91(1.22%)
Day’s Range― - ―
52-Week Range$58.03 - $84.74
Previous CloseN/A
Volume216.10K
Average Volume (3M)979.15K
Market Cap
$4.49B
Enterprise Value$5.52B
Total Cash (Recent Filing)$766.63M
Total Debt (Recent Filing)$1.81B
Price to Earnings (P/E)18.8
Beta0.73
Next Earnings
Jul 29, 2026EPS Estimate
1.31Next Dividend Ex-DateN/A
Dividend Yield2.62%
Share Statistics
EPS (TTM)0.82
Shares Outstanding66,702,430
10 Day Avg. Volume836,845
30 Day Avg. Volume979,154
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 Cap1.23
Enterprise Value/Revenue0.98
Enterprise Value/Gross Profit5.26
Enterprise Value/Ebitda10.95
Forecast
1Y Price Target
$75.57Price Target Upside11.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)5.02
Revenue Forecast (FY)$5.49B
Bulls Say, Bears Say
Bulls Say
Capital AllocationManagement's move to increase share repurchases alongside a market-leading dividend yield returns cash to shareholders and supports valuation while the stock trades below book value.
Product StrategyOne hundred percent spec strategy reduces product variants and removes customer customization, lowering construction costs and enabling margin leverage through standardized production.
Sales ProcessSixty-day closing guarantee enables direct competition with existing-home listings, which can accelerate sales conversion and improve inventory turnover.
Bears Say
Competitive IncentivesA highly competitive incentive environment among builders increases selling difficulty and squeezes margins, making it harder to maintain profitability.
Finished-home InventoryElevated completed spec inventory relative to company targets may force deeper discounts on finished homes and pressure gross margins.
Housing Market And Regulatory RiskA meaningful deterioration in the US housing market, political pressure to boost supply, and a difficult land environment could depress home prices and impair efficient land allocation.
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 $84.73 in the past 12 months.
What is Meritage’s market cap?
Meritage’s market cap is $4.49B.
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Jul 29, 2026 which is in 88 days.
How were Meritage’s earnings last quarter?
Meritage released its earnings results on Apr 22, 2026. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.931 by -$0.111.
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 1.31.
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 $0.82 in its last earnings report, missing expectations of $0.931. Following the earnings report the stock price went up 1.732%.
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
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$75.57 (11.02% Upside)
$75.57 (11.02% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $400.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.3%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.26%
12-Months-Change
Fundamentals
Return on Equity
7.40%
Trailing 12-Months
Asset Growth
-1.89%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a balanced picture: Meritage reported operational and financial headwinds in Q1 including top-line, margin and EPS declines driven by lower volume, increased incentives and lingering elevated land basis. Offsetting these weaknesses are several strategic and financial strengths — record community count, very strong backlog conversion, meaningful cost savings, substantial liquidity, disciplined land controls and an aggressive capital return program. Management is cautiously optimistic, scaling community expansion while prioritizing balance sheet strength and margin discipline. Near-term performance is pressured, but the company outlined a clear pathway (store count growth, lower finished-spec supply, direct cost improvements and automation) to recover margins and volume over time.View all MTH earnings summariesMTH Stock 12 Month Forecast
Average Price Target
$75.57
▲(11.02% Upside)
Technical Analysis
Ownership Overview
2.99% Insiders
33.02% Mutual Funds
4.73% Other Institutional Investors
30.89% Public Companies and
Individual Investors