Meritage Homes (MTH) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Meritage Homes is expected to report Q1 2026 results after the market close on April 22, with analysts projecting $1.59 EPS and $1.5484 billion in revenue; an earnings call is scheduled for April 23 at 11:00 AM ET.
• In the prior quarter Meritage beat EPS estimates ($1.67 vs. $1.55) despite revenue declining 11.9% year-over-year; analysts forecast $9 EPS for the current fiscal year and $11 for next year, and the consensus rating is Moderate Buy with a $84.33 target.
• The company raised its quarterly dividend to $0.48 (annualized $1.92, yield 2.9%), while insiders sold about 47,622 shares (~$3.64 million) in the past three months, including notable sales by the CEO and EVP.

Meritage Homes (NYSE:MTH - Get Free Report) is anticipated to issue its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $1.59 per share and revenue of $1.5484 billion for the quarter. Parties may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.

Meritage Homes (NYSE:MTH - Get Free Report) last posted its earnings results on Wednesday, January 28th. The construction company reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.55 by $0.12. Meritage Homes had a net margin of 7.73% and a return on equity of 9.28%. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the business posted $4.72 EPS. The firm's revenue was down 11.9% compared to the same quarter last year. On average, analysts expect Meritage Homes to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Meritage Homes Trading Up 0.3%

MTH opened at $66.61 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.10 and a quick ratio of 2.10. Meritage Homes has a fifty-two week low of $58.03 and a fifty-two week high of $84.74. The firm has a market capitalization of $4.44 billion, a PE ratio of 10.54, a P/E/G ratio of 1.19 and a beta of 1.50. The company's 50-day moving average is $68.92 and its 200 day moving average is $69.65.

Meritage Homes Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a $0.48 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from Meritage Homes's previous quarterly dividend of $0.43. Meritage Homes's dividend payout ratio (DPR) is currently 30.38%.

Analyst Ratings Changes

MTH has been the topic of a number of analyst reports. Citizens Jmp initiated coverage on shares of Meritage Homes in a report on Wednesday, January 7th. They issued a "market outperform" rating and a $90.00 target price on the stock. Truist Financial initiated coverage on shares of Meritage Homes in a report on Wednesday, March 4th. They issued a "buy" rating and a $90.00 target price on the stock. The Goldman Sachs Group restated a "buy" rating and issued a $90.00 target price on shares of Meritage Homes in a report on Tuesday, January 13th. Weiss Ratings reiterated a "hold (c)" rating on shares of Meritage Homes in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of Meritage Homes from a "hold" rating to a "sell" rating in a research note on Saturday. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $84.33.

Insider Activity

In other news, EVP Javier Feliciano sold 3,580 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $76.24, for a total transaction of $272,939.20. Following the completion of the transaction, the executive vice president directly owned 44,935 shares of the company's stock, valued at $3,425,844.40. This represents a 7.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Phillippe Lord sold 32,820 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $76.49, for a total transaction of $2,510,401.80. Following the transaction, the chief executive officer directly owned 260,389 shares of the company's stock, valued at $19,917,154.61. This represents a 11.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 47,622 shares of company stock valued at $3,640,273 in the last three months. Company insiders own 2.20% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MTH. Royal Bank of Canada boosted its holdings in Meritage Homes by 134.3% in the 1st quarter. Royal Bank of Canada now owns 38,658 shares of the construction company's stock worth $2,740,000 after buying an additional 22,162 shares during the period. AQR Capital Management LLC boosted its holdings in Meritage Homes by 51.7% in the 1st quarter. AQR Capital Management LLC now owns 12,937 shares of the construction company's stock worth $917,000 after buying an additional 4,407 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Meritage Homes by 58.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,058,850 shares of the construction company's stock worth $75,051,000 after buying an additional 391,297 shares during the period. Empowered Funds LLC boosted its holdings in Meritage Homes by 111.0% in the 1st quarter. Empowered Funds LLC now owns 32,971 shares of the construction company's stock worth $2,337,000 after buying an additional 17,343 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Meritage Homes by 102.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 319,150 shares of the construction company's stock worth $22,621,000 after buying an additional 161,806 shares during the period. 98.44% of the stock is owned by institutional investors.

About Meritage Homes

Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company's core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.

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