Meritage Homes (MTH) Set to Release Quarterly Earnings on Wednesday

Meritage Homes (NYSE:MTH - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $1.17 per share and revenue of $1.30 billion for the quarter. Parties may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

Meritage Homes (NYSE:MTH - Get Free Report) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.30 by $0.12. Meritage Homes had a net margin of 6.11% and a return on equity of 7.13%. The firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the prior year, the firm earned $2.04 EPS. Meritage Homes's quarterly revenue was down 14.1% on a year-over-year basis. On average, analysts expect Meritage Homes to post $4.93 EPS for the current fiscal year and $5.55 EPS for the next fiscal year.

Meritage Homes Price Performance

Shares of NYSE:MTH opened at $60.32 on Wednesday. The firm's 50 day moving average is $65.68 and its two-hundred day moving average is $68.76. The firm has a market capitalization of $3.93 billion, a P/E ratio of 12.62, a PEG ratio of 4.37 and a beta of 1.33. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.37. Meritage Homes has a 52 week low of $56.66 and a 52 week high of $85.38.

Meritage Homes Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, September 15th. Meritage Homes's dividend payout ratio is 40.17%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on MTH shares. Zelman & Associates lowered shares of Meritage Homes from an "outperform" rating to a "neutral" rating in a research report on Tuesday, July 7th. Weiss Ratings lowered Meritage Homes from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, September 18th. Truist Financial set a $72.00 target price on shares of Meritage Homes and gave the stock a "hold" rating in a research report on Wednesday, September 16th. Zacks Research cut shares of Meritage Homes from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 8th. Finally, Melius Research started coverage on shares of Meritage Homes in a research note on Tuesday, October 6th. They set a "sell" rating and a $59.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $73.56.

About Meritage Homes

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.

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