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NYSE:MTH

Meritage Homes (MTH) Stock Price, News & Analysis

Meritage Homes logo
$72.19 -1.25 (-1.70%)
As of 03:58 PM Eastern

About Meritage Homes Stock (NYSE:MTH)

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Key Stats

Today's Range
$72.14
$73.75
50-Day Range
$70.23
$85.17
52-Week Range
$58.03
$85.38
Volume
469,377 shs
Average Volume
750,999 shs
Market Capitalization
$4.70 billion
P/E Ratio
15.10
Dividend Yield
2.66%
Price Target
$79.25
Consensus Rating
Hold

Company Overview

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. Meritage Homes offers a range of floor plans and design options—from entry‐level single‐story homes to larger, multi‐bedroom models—across growing suburban and master‐planned communities. Standard features often include ENERGY STAR appliances, enhanced insulation packages and smart home technology. Prospective buyers work with in‐house design centers to personalize finishes, fixtures and layouts prior to construction.

Meritage Homes serves markets in the Western, Southwestern and Southeastern United States, including key regions such as Arizona, California, Texas, Florida, Georgia, the Carolinas, Nevada and Colorado. The company operates through a network of local divisions, each responsible for land development, municipal approvals and on‐site homebuilding. Stephen J. Hilton, who co‐founded the business, currently serves as president and chief executive officer, guiding Meritage Homes’ strategic growth and commitment to quality construction standards.

AI Generated. May Contain Errors.

Meritage Homes Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

MTH MarketRank™: 

Meritage Homes scored higher than 85% of companies evaluated by MarketBeat, and ranked 146th out of 492 stocks in the consumer discretionary 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 Hold. The company's average rating score is 2.42, and is based on no strong buy ratings, 5 buy ratings, 7 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Meritage Homes is close to its current price, suggesting limited near-term upside or downside.

  • 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.

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

    Earnings for Meritage Homes are expected to grow by 17.06% in the coming year, from $5.04 to $5.90 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Meritage Homes is 15.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.89.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Meritage Homes is 15.10, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 46.74.

  • Price to Earnings Growth Ratio

    Meritage Homes has a PEG Ratio of 5.38. 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 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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

    7.09% 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 5.86.
  • Change versus previous month

    Short interest in Meritage Homes has recently increased by 9.47%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Meritage Homes pays a meaningful dividend of 2.61%, 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 40.17%. 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 32.54% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.

  • Read more about Meritage Homes' dividend.
  • News Sentiment

    Meritage Homes has a news sentiment score of 1.06. 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 0.70 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Meritage Homes this week, compared to 7 articles on an average week.
  • Search Interest

    Only 2 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • 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.

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

China is not hedging. It's escaping.
China's US Treasury holdings have fallen from a peak of $1.32 trillion to roughly $659 billion, an 18-year low. Beijing's central bank has bought gold for 20 straight months, its longest streak in a decade. Goldman Sachs estimates China's real gold buying is 4.8 times the official figure. The European Central Bank confirms gold has overtaken US Treasuries as the world's top reserve asset, at 27% versus 22%. As foreign demand for US debt fades, rates and everyday costs may feel the pressure.tc pixel
Financial Contrast: Koss (NASDAQ:KOSS) versus Meritage Homes (NYSE:MTH)
Meritage Homes Announces Quarterly Cash Dividend
Analysts Set Expectations for Meritage Homes Q2 Earnings
Meritage Homes (MTH) Q2 2026 Earnings Call Transcript
See More Headlines

MTH Stock Analysis - Frequently Asked Questions

Meritage Homes' stock was trading at $65.79 at the beginning of the year. Since then, MTH stock has increased by 9.7% and is now trading at $72.19.

Meritage Homes Corporation (NYSE:MTH) posted its quarterly earnings results on Wednesday, July, 29th. The construction company reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.12. The company's revenue was down 14.1% on a year-over-year basis.
Read the conference call transcript
.

Meritage Homes's stock split on Friday, January 3rd 2025.The 2-1 split was announced on Monday, November 25th 2024. The newly created shares were distributed 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.

Meritage Homes' top institutional investors include California State Teachers Retirement System (10.50%), Bamco Inc. NY (2.06%), Bank of New York Mellon Corp (1.26%) and Algert Global LLC (0.55%). Insiders that own company stock include Steven J Hilton, Phillippe Lord, Hilla Sferruzza, Javier Feliciano, Joseph Keough, Clinton Szubinski, Austin M Woffinden 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

Record date for 6/30 Dividend
6/16/2026
Ex-Dividend for 6/30 Dividend
6/16/2026
Dividend Payable
6/30/2026
Last Earnings
7/29/2026
Today
8/26/2026
Record date for 9/30 Dividend
9/15/2026
Ex-Dividend for 9/30 Dividend
9/15/2026
Dividend Payable
9/30/2026
Next Earnings (Estimated)
10/27/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Household Durables
Sub-Industry
Homebuilding
Current Symbol
NYSE:MTH
CIK
833079
Employees
1,860
Year Founded
2015

Price Target and Rating

High Price Target
$93.00
Low Price Target
$58.00
Potential Upside/Downside
+9.8%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.78
Trailing P/E Ratio
15.10
Forward P/E Ratio
14.32
P/E Growth
5.38
Net Income
$453.01 million
Net Margins
6.11%
Pretax Margin
7.87%
Return on Equity
7.13%
Return on Assets
4.83%

Debt

Debt-to-Equity Ratio
0.37
Current Ratio
1.97
Quick Ratio
1.97

Sales & Book Value

Annual Sales
$5.86 billion
Price / Sales
0.80
Cash Flow
$7.37 per share
Price / Cash Flow
9.79
Book Value
$77.61 per share
Price / Book
0.93

Miscellaneous

Outstanding Shares
65,170,000
Free Float
63,545,000
Market Cap
$4.70 billion
Optionable
Optionable
Beta
1.36
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This page (NYSE:MTH) was last updated on 8/26/2026 by MarketBeat.com Staff.
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