Meritage Homes (MTH) Stock Price, News & Analysis

Company Overview

Meritage Homes Corporation is a residential construction company that designs and builds single-family homes in the United States. The company primarily serves entry-level and first-time homebuyers, offering homes in a range of floor plans and communities designed around affordability, energy efficiency and modern features.

Meritage Homes sells homes through its own communities and provides related services, including land acquisition and development, home design, construction, sales and customer support. Its homes typically include energy-efficient building materials, appliances and systems intended to help reduce household energy consumption.

Founded in 1985 and headquartered in Scottsdale, Arizona, Meritage Homes has expanded its operations across several markets in the Sun Belt, including Arizona, California, Colorado, Florida, Georgia, North Carolina, South Carolina, Tennessee and Texas. The company is led by Phillippe Lord, who serves as president and chief executive officer.

Key Stats

• Today's Range: $63.39 to $66.00
• 50-Day Range: $57.78 to $73.42
• 52-Week Range: $56.66 to $85.38
• Volume: 1.33 million shs
• Average Volume: 1.04 million shs
• Market Capitalization: $4.20 billion
• P/E Ratio: 14.54
• Dividend Yield: 2.98%
• Price Target: $72.78
• Consensus Rating: Hold

Meritage Homes Stock Analysis - MarketRank™

Meritage Homes scored higher than 77% of companies evaluated by MarketBeat, and ranked 169th out of 481 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Meritage Homes has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on no strong buy ratings, 4 buy ratings, 8 hold ratings, and 2 sell ratings.

Upside Potential

Meritage Homes has a consensus price target of $72.78, representing about 13.0% upside from its current price of $64.39.

Amount of Analyst Coverage

Meritage Homes has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.58%

Earnings Growth

Earnings for Meritage Homes are expected to grow by 12.58% in the coming year, from $4.93 to $5.55 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Meritage Homes is 14.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Meritage Homes is 14.54, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 26.46.

Price to Earnings Growth Ratio

Meritage Homes has a PEG Ratio of 4.83. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Meritage Homes has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.09% 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 4.96.

Change versus previous month

Short interest in Meritage Homes has recently increased by 28.78%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Meritage Homes pays a meaningful dividend of 2.98%, 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 43.34%. 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 34.59% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: -0.09

News Sentiment

Meritage Homes has a news sentiment score of -0.09. 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 lower news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Meritage Homes this week, compared to 6 articles on an average week.

Search Interest

3 people have searched for MTH on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Meritage Homes insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.50% 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.

Company Calendar

• Record date for 9/30 Dividend: 9/15/2026
• Ex-Dividend for 9/30 Dividend: 9/15/2026
• Dividend Payable: 9/30/2026
• Last Earnings: 10/28/2026
• Today: 10/31/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Household Durables
• Sub-Industry: Homebuilding
• Current Symbol: NYSE:MTH
• CIK: 833079
• Web: www.meritagehomes.com
• Phone: (480) 515-8100
• Fax: 480-998-9162
• Employees: 1,860
• Year Founded: 2015

Price Target and Rating

• Average Price Target for Meritage Homes: $72.78
• High Price Target: $90.00
• Low Price Target: $58.00
• Potential Upside/Downside: +13.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.43
• Trailing P/E Ratio: 14.54
• Forward P/E Ratio: 13.06
• P/E Growth: 4.83
• Net Income: $453.01 million
• Net Margins: 5.79%
• Pretax Margin: 7.41%
• Return on Equity: 6.69%
• Return on Assets: 4.50%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 1.72
• Quick Ratio: 1.97

Sales & Book Value

• Annual Sales: $5.86 billion
• Price / Sales: 0.72
• Cash Flow: $7.49 per share
• Price / Cash Flow: 8.60
• Book Value: $77.40 per share
• Price / Book: 0.83

Miscellaneous

• Outstanding Shares: 65,170,000
• Free Float: 63,545,000
• Market Cap: $4.20 billion
• Optionable: Optionable
• Beta: 1.33