Meritage Homes (MTH) Stock Price, News & Analysis

Company Overview

Meritage Homes Corporation is a residential construction company that designs, builds and sells single-family homes in the United States. The company primarily serves first-time and move-up buyers, offering homes in a range of floor plans, communities and price points. Its operations also include land acquisition and development, as well as related services such as mortgage financing and title insurance through affiliated businesses.

Meritage emphasizes energy-efficient construction and incorporates features intended to improve home comfort, durability and operating efficiency. Its homes commonly include energy-saving appliances, insulation, ventilation and smart-home technologies, with specific features varying by community and market.

Founded in 1985 and headquartered in Scottsdale, Arizona, Meritage Homes operates across several major growth markets, including Arizona, California, Colorado, Florida, Georgia, North Carolina, South Carolina, Tennessee and Texas. The company is led by Chief Executive Officer Phillippe Lord, who oversees its homebuilding and related operations.

Key Stats

• Today's Range: $63.41 to $66.10
• 50-Day Range: $61.86 to $77.25
• 52-Week Range: $58.03 to $85.38
• Volume: 1.06 million shs
• Average Volume: 926,368 shs
• Market Capitalization: $4.16 billion
• P/E Ratio: 13.37
• Dividend Yield: 3.01%
• Price Target: $78.25
• Consensus Rating: Hold

Meritage Homes Stock Analysis - MarketRank™

Meritage Homes scored higher than 96% of companies evaluated by MarketBeat, and ranked 61st out of 484 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: 4.0 / 5
• Analyst Rating: Hold

Consensus Rating

Meritage Homes has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 4 buy ratings, 8 hold ratings, and no sell ratings.

Upside Potential

Meritage Homes has a consensus price target of $78.25, representing about 22.5% upside from its current price of $63.89.

Amount of Analyst Coverage

Meritage Homes has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 16.33%

Earnings Growth

Earnings for Meritage Homes are expected to grow by 16.33% in the coming year, from $5.02 to $5.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Meritage Homes is 13.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of Meritage Homes is 13.37, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 44.32.

Price to Earnings Growth Ratio

Meritage Homes has a PEG Ratio of 4.77. 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 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.97% 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 8.29.

Change versus previous month

Short interest in Meritage Homes has recently decreased by 1.68%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Meritage Homes pays a meaningful dividend of 2.96%, 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 32.88% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.18

News Sentiment

Meritage Homes has a news sentiment score of 1.18. 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 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Meritage Homes this week, compared to 7 articles on an average week.

MarketBeat Follows

2 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 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 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
• Record date for 9/30 Dividend: 9/15/2026
• Ex-Dividend for 9/30 Dividend: 9/15/2026
• Today: 9/16/2026
• Dividend Payable: 9/30/2026
• Next Earnings (Estimated): 10/28/2026
• 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: $78.25
• High Price Target: $93.00
• Low Price Target: $58.00
• Potential Upside/Downside: +22.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.78
• Trailing P/E Ratio: 13.37
• Forward P/E Ratio: 12.73
• P/E Growth: 4.77
• 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: 0.71
• Cash Flow: $7.39 per share
• Price / Cash Flow: 8.65
• Book Value: $73.79 per share
• Price / Book: 0.87

Miscellaneous

• Outstanding Shares: 65,170,000
• Free Float: 63,545,000
• Market Cap: $4.16 billion
• Optionable: Optionable
• Beta: 1.35