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NYSE:MTH

Meritage Homes (MTH) Stock Price, News & Analysis

Meritage Homes logo
$60.60 +0.53 (+0.88%)
Closing price 03:59 PM Eastern
Extended Trading
$60.64 +0.04 (+0.06%)
As of 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Meritage Homes Stock (NYSE:MTH)

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Key Stats

Today's Range
$59.07
▼
$60.86
50-Day Range
$60.03
▼
$74.95
52-Week Range
$58.03
▼
$85.38
Volume
1.04 million shs
Average Volume
972,803 shs
Market Capitalization
$3.95 billion
P/E Ratio
12.68
Dividend Yield
3.17%
Price Target
$74.78
Consensus Rating
Hold

Company Overview

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 move-up buyers, offering homes in a range of floor plans, sizes and price points. Its communities typically feature energy-efficient designs and include standard features intended to improve home performance, comfort and affordability.

Meritage Homes develops communities in selected markets across the South, Southeast and West, including areas of Arizona, California, Colorado, Florida, Georgia, North Carolina, South Carolina, Tennessee and Texas. Its operations generally include land acquisition and development, home construction, sales and customer service. The company also provides related services through affiliated mortgage and title operations in certain markets.

Founded in 1985, Meritage Homes is headquartered in Scottsdale, Arizona, and trades on the New York Stock Exchange under the symbol MTH. The company is led by Chief Executive Officer Phillippe Lord.

AI Generated. May Contain Errors.

Meritage Homes Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
89th Percentile Overall Score

MTH MarketRank™: 

Meritage Homes scored higher than 89% of companies evaluated by MarketBeat, and ranked 115th out of 481 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 2.23, and is based on no strong buy ratings, 4 buy ratings, 8 hold ratings, and 1 sell rating.

  • Upside Potential

    Meritage Homes has a consensus price target of $74.78, representing about 23.4% upside from its current price of $60.60.

  • 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 15.54% in the coming year, from $5.02 to $5.80 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Meritage Homes is 12.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.83.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Meritage Homes is 12.68, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 44.92.

  • Price to Earnings Growth Ratio

    Meritage Homes has a PEG Ratio of 4.62. 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 0.82. 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

    7.20% 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 5.91.
  • Change versus previous month

    Short interest in Meritage Homes has recently increased by 3.26%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Meritage Homes pays a meaningful dividend of 3.06%, 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 33.10% 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 0.20. 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 lower news sentiment than the 0.42 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Meritage Homes this week, compared to 6 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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

Meritage Homes (NYSE:MTH) Stock Picked Up by Analysts at Melius Research
Financial Analysis: La-Z-Boy (NYSE:LZB) vs. Meritage Homes (NYSE:MTH)
Do this before December or regret it
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See More Headlines

MTH Stock Analysis - Frequently Asked Questions

Meritage Homes' stock was trading at $65.79 on January 1st, 2026. Since then, MTH shares have decreased by 7.9% and is now trading at $60.5990.

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

Shares of Meritage Homes split on the morning of Friday, January 3rd 2025.The 2-1 split was announced on Monday, November 25th 2024. The newly minted shares were issued to shareholders after the closing bell on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Top institutional investors of Meritage Homes include Congress Asset Management Co. (0.06%), Ausbil Investment Management Ltd (0.01%), Farther Finance Advisors LLC and Versant Capital Management Inc. 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

Last Earnings
7/29/2026
Record date for 9/30 Dividend
9/15/2026
Ex-Dividend for 9/30 Dividend
9/15/2026
Dividend Payable
9/30/2026
Today
10/08/2026
Next Earnings (Estimated)
10/28/2026
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
+23.4%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.78
Trailing P/E Ratio
12.68
Forward P/E Ratio
12.07
P/E Growth
4.42
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
$5.40 billion
Price / Sales
0.73
Cash Flow
$7.57 per share
Price / Cash Flow
8.01
Book Value
$73.79 per share
Price / Book
0.82

Miscellaneous

Outstanding Shares
65,174,000
Free Float
63,545,000
Market Cap
$3.95 billion
Optionable
Optionable
Beta
1.33

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This page (NYSE:MTH) was last updated on 10/8/2026 by MarketBeat.com Staff.
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