Meritage Homes (MTH) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $67.54 to $69.38
• 50-Day Range: $59.21 to $69.92
• 52-Week Range: $58.03 to $84.74
• Volume: 925,825 shs
• Average Volume: 708,472 shs
• Market Capitalization: $4.56 billion
• P/E Ratio: 12.53
• Dividend Yield: 2.81%
• Price Target: $79.89
• Consensus Rating: Hold

Meritage Homes Stock Analysis - MarketRank™

Meritage Homes scored higher than 99% of companies evaluated by MarketBeat, and ranked 1st out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Hold

Consensus Rating

Meritage Homes has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 1 strong buy rating, 5 buy ratings, 6 hold ratings, and 1 sell rating.

Upside Potential

Meritage Homes has a consensus price target of $79.89, representing about 17.0% upside from its current price of $68.30.

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: 3.8 / 5
• Proj. Earnings Growth: 26.75%

Earnings Growth

Earnings for Meritage Homes are expected to grow by 26.75% in the coming year, from $5.01 to $6.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Meritage Homes is 12.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Meritage Homes is 12.53, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 17.90.

Price to Earnings Growth Ratio

Meritage Homes has a PEG Ratio of 3.02. 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.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.87% 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 3.74, 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 12.82%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Meritage Homes pays a meaningful dividend of 2.81%, 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 35.23%. 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 30.24% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.61

News Sentiment

Meritage Homes has a news sentiment score of 1.61. 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 0.69 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Meritage Homes this week, compared to 7 articles on an average week.

Search Interest

Only 4 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of -20% 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.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Meritage Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $79,066.00 in 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 3/31 Dividend: 3/17/2026
• Ex-Dividend for 3/31 Dividend: 3/17/2026
• Dividend Payable: 3/31/2026
• Last Earnings: 4/22/2026
• Today: 6/06/2026
• Record date for 6/30 Dividend: 6/16/2026
• Ex-Dividend for 6/30 Dividend: 6/16/2026
• Dividend Payable: 6/30/2026
• Next Earnings (Estimated): 7/22/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: BLDG - RSDNT/COMR
• 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: $79.89
• High Price Target: $90.00
• Low Price Target: $58.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.46
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.45
• Trailing P/E Ratio: 12.53
• Forward P/E Ratio: 13.63
• P/E Growth: 3.02
• Net Income: $453.01 million
• Net Margins: 6.86%
• Pretax Margin: 8.85%
• Return on Equity: 8.08%
• Return on Assets: 5.49%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 1.96
• Quick Ratio: 1.96

Sales & Book Value

• Annual Sales: $5.86 billion
• Price / Sales: 0.78
• Cash Flow: $7.50 per share
• Price / Cash Flow: 9.11
• Book Value: $73.79 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 66,700,000
• Free Float: 65,034,000
• Market Cap: $4.56 billion
• Optionable: Optionable
• Beta: 1.39