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MTH Stock Chart & Stats
$70.53
-$0.11(-0.15%)
At close: 4:00 PM EDT
$70.53
-$0.11(-0.15%)
Day’s Range― - ―
52-Week Range$58.03 - $85.38
Previous Close$73.24
Volume783.94K
Average Volume (3M)663.92K
Market Cap
$4.19B
Enterprise Value$6.64K
Total Cash (Recent Filing)$807.27M
Total Debt (Recent Filing)$1.85B
Price to Earnings (P/E)13.4
Beta0.67
Next Earnings
Oct 28, 2026EPS Estimate
1.19Next Dividend Ex-DateN/A
Dividend Yield2.83%
Share Statistics
EPS (TTM)4.80
Shares Outstanding65,174,095
10 Day Avg. Volume548,924
30 Day Avg. Volume663,916
Financial Highlights & Ratios
PEG Ratio-0.25
Price to Book (P/B)0.90
Price to Sales (P/S)0.80
P/FCF Ratio50.34
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$81.25Price Target Upside15.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)4.95
Revenue Forecast (FY)$5.39B
Bulls Say, Bears Say
Bulls Say
Strong Liquidity And CapitalizationHealthy capitalization and substantial unused liquidity give Meritage flexibility to fund land, construction and operations through housing-cycle volatility. The extended, expandable revolver also improves resilience and preserves capacity to pursue growth while leverage remains below management’s stated ceiling.
Operational Cost And Cycle-time ControlSustained cycle-time discipline and lower direct costs can structurally support cash conversion and protect margins when demand is softer. Faster construction reduces carry costs, while purchasing and trade-partner improvements should benefit newer starts as the lower cost basis moves through production.
Large Land And Lot PipelineA sizable owned and controlled lot position supports continued community openings and future home deliveries without requiring all growth investment to be sourced immediately. This provides development visibility and operating scale, while optioned or controlled lots can preserve flexibility as markets change.
Bears Say
Demand And Revenue DeteriorationLower orders, closings and management’s reduced full-year outlook indicate that demand weakness is affecting both volume and near-term revenue visibility. Persistent softness can reduce community leverage, slow inventory turnover and limit the earnings contribution from Meritage’s expanding community footprint.
Sustained Gross-margin PressureHigher-cost land acquired in earlier vintages creates a prolonged margin headwind because those homes must be delivered before lower-basis land reaches production. Elevated incentives and weaker volume further reduce leverage, making a rapid return to prior-cycle profitability less certain.
Lower Returns And Rising Debt LoadReduced return on equity indicates that Meritage is generating less shareholder profit from its capital base as the cycle cools. Although leverage remains manageable, higher debt increases financial commitments and can constrain capital allocation if weaker profitability persists across the housing cycle.
Meritage News
MTH FAQ
What was Meritage’s price range in the past 12 months?
Meritage lowest stock price was $58.03 and its highest was $85.38 in the past 12 months.
What is Meritage’s market cap?
Meritage’s market cap is $4.19B.
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Oct 28, 2026 which is in 45 days.
How were Meritage’s earnings last quarter?
Meritage released its earnings results on Jul 29, 2026. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.293 by $0.077.
Is Meritage overvalued?
According to Wall Street analysts Meritage’s price is currently Undervalued.
Does Meritage pay dividends?
Meritage pays a Quarterly dividend of $0.48 which represents an annual dividend yield of 2.83%. See more information on Meritage dividends here
What is Meritage’s EPS estimate?
Meritage’s EPS estimate is 1.19.
How many shares outstanding does Meritage have?
Meritage has 65,174,095 shares outstanding.
What happened to Meritage’s price movement after its last earnings report?
Meritage reported an EPS of $1.37 in its last earnings report, beating expectations of $1.293. Following the earnings report the stock price went down -1.117%.
Which hedge fund is a major shareholder of Meritage?
Currently, no hedge funds are holding shares in MTH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meritage Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$81.25 (15.20% Upside)
$81.25 (15.20% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 83%
Sector Average 58%
Sector Average 58%
Hedge Fund Trend
Decreased
By 409.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.69%
12-Months-Change
Fundamentals
Return on Equity
2.83%
Trailing 12-Months
Asset Growth
-2.60%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Meritage
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
MTH Company Deck
MTH Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a balanced message: management highlighted strong operational execution — cost reductions, faster cycle times, inventory discipline, healthy balance sheet and active shareholder returns — that support resilience in a softer demand environment. However, key demand and financial metrics showed meaningful year-over-year deterioration (orders, closings, revenue, margins and EPS), and management lowered near-term guidance while noting land-cost-related margin headwinds. The tenor was pragmatic and defensive: focused on controlling what they can, positioning for recovery, but acknowledging continued near-term pressure tied to rates, incentives and higher land basis.View all MTH earnings summariesMTH Stock 12 Month Forecast
Average Price Target
$81.25
▲(15.20% Upside)
Technical Analysis
Ownership Overview
3.04% Insiders
32.78% Mutual Funds
19.07% Other Institutional Investors
15.27% Public Companies and
Individual Investors