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NYSE:MTH

Meritage Homes (MTH) Stock Price, News & Analysis

Meritage Homes logo
$71.94 -1.83 (-2.48%)
As of 10:12 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Meritage Homes Stock (NYSE:MTH)

Key Stats

Today's Range
$72.27
$73.40
50-Day Range
$62.35
$75.40
52-Week Range
$59.27
$106.99
Volume
20,338 shs
Average Volume
885,736 shs
Market Capitalization
$5.17 billion
P/E Ratio
5.88
Dividend Yield
2.39%
Price Target
$97.72
Consensus Rating
Moderate Buy

Company Overview

Meritage Homes Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
94th Percentile Overall Score

MTH MarketRank™: 

Meritage Homes scored higher than 94% of companies evaluated by MarketBeat, and ranked 13th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Meritage Homes has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Meritage Homes has only been the subject of 3 research reports in the past 90 days.

  • Read more about Meritage Homes' stock forecast and price target.
  • Earnings Growth

    Earnings for Meritage Homes are expected to grow by 14.09% in the coming year, from $9.44 to $10.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Meritage Homes is 6.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.28.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Meritage Homes is 6.02, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 16.22.

  • Price to Book Value per Share Ratio

    Meritage Homes has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Meritage Homes' valuation and earnings.
  • Percentage of Shares Shorted

    4.21% of the float of Meritage Homes has been sold short.
  • Short Interest Ratio / Days to Cover

    Meritage Homes has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Meritage Homes has recently decreased by 6.03%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Meritage Homes pays a meaningful dividend of 2.33%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Meritage Homes has only been increasing its dividend for 2 years.

  • Dividend Coverage

    The dividend payout ratio of Meritage Homes is 14.06%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Meritage Homes will have a dividend payout ratio of 15.97% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.

  • Read more about Meritage Homes' dividend.
  • Percentage of Shares Shorted

    4.21% of the float of Meritage Homes has been sold short.
  • Short Interest Ratio / Days to Cover

    Meritage Homes has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Meritage Homes has recently decreased by 6.03%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Meritage Homes has a news sentiment score of 1.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.92 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Meritage Homes this week, compared to 9 articles on an average week.
  • Search Interest

    5 people have searched for MTH on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Meritage Homes insiders have bought more of their company's stock than they have sold. Specifically, they have bought $264,640.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 2.20% of the stock of Meritage Homes is held by insiders.

  • Percentage Held by Institutions

    98.44% of the stock of Meritage Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Meritage Homes' insider trading history.
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MTH Stock News Headlines

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Meritage Homes Corporation (MTH) - Yahoo Finance
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See More Headlines

MTH Stock Analysis - Frequently Asked Questions

Meritage Homes' stock was trading at $153.82 at the beginning of the year. Since then, MTH shares have decreased by 52.1% and is now trading at $73.71.

Meritage Homes Corporation (NYSE:MTH) issued its quarterly earnings data on Wednesday, April, 23rd. The construction company reported $1.69 EPS for the quarter, missing analysts' consensus estimates of $1.71 by $0.02. The firm's revenue was down 8.5% compared to the same quarter last year.
Read the conference call transcript
.

Meritage Homes shares split on the morning of Friday, January 3rd 2025.The 2-1 split was announced on Monday, November 25th 2024. The newly issued shares were payable to shareholders after the market closes on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Top institutional shareholders of Meritage Homes include Greenhaven Associates Inc. (2.08%), Swedbank AB (0.23%), Assenagon Asset Management S.A. (0.06%) and Peak Financial Advisors LLC (0.01%). Insiders that own company stock include Steven J Hilton, Phillippe Lord, Hilla Sferruzza, Joseph Keough, Clinton Szubinski, Peter L Ax, Javier Feliciano, Raymond Oppel, Gerald W Haddock and Alison Sasser.
View institutional ownership trends
.

Shares of MTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Homes investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Last Earnings
4/23/2025
Record date for 6/30 Dividend
6/16/2025
Ex-Dividend for 6/30 Dividend
6/16/2025
Dividend Payable
6/30/2025
Today
7/14/2025
Next Earnings (Estimated)
7/23/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
BLDG - RSDNT/COMR
Sub-Industry
Homebuilding
Current Symbol
NYSE:MTH
CIK
833079
Employees
1,898
Year Founded
2015

Price Target and Rating

High Price Target
$115.00
Low Price Target
$70.00
Potential Upside/Downside
+32.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
$12.23
Trailing P/E Ratio
6.02
Forward P/E Ratio
7.81
P/E Growth
N/A
Net Income
$786.19 million
Net Margins
11.50%
Pretax Margin
14.78%
Return on Equity
14.28%
Return on Assets
10.01%

Debt

Debt-to-Equity Ratio
0.35
Current Ratio
2.28
Quick Ratio
2.28

Sales & Book Value

Annual Sales
$6.40 billion
Price / Sales
0.83
Cash Flow
$11.22 per share
Price / Cash Flow
6.57
Book Value
$71.06 per share
Price / Book
1.04

Miscellaneous

Outstanding Shares
71,830,000
Free Float
70,250,000
Market Cap
$5.29 billion
Optionable
Optionable
Beta
1.37
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This page (NYSE:MTH) was last updated on 7/14/2025 by MarketBeat.com Staff
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