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MTH Stock Chart & Stats
$68.07
$0.91(1.22%)
At close: 4:00 PM EST
$68.07
$0.91(1.22%)
Day’s Range― - ―
52-Week Range$58.03 - $85.38
Previous CloseN/A
Volume216.10K
Average Volume (3M)973.18K
Market Cap
$5.01B
Enterprise Value$5.33K
Total Cash (Recent Filing)$766.63M
Total Debt (Recent Filing)$1.81B
Price to Earnings (P/E)14.1
Beta0.62
Next Earnings
Jul 29, 2026EPS Estimate
1.29Next Dividend Ex-DateN/A
Dividend Yield2.62%
Share Statistics
EPS (TTM)5.48
Shares Outstanding66,702,430
10 Day Avg. Volume790,495
30 Day Avg. Volume973,185
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
$77.29Price Target Upside13.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)4.98
Revenue Forecast (FY)$5.47B
Bulls Say, Bears Say
Bulls Say
Record Community ExpansionA record and growing community count expands Meritage’s long-term revenue platform and geographic diversification, supporting steadier future closings as communities mature. Scale across 345 communities improves per-community fixed cost absorption and underpins multi-quarter recovery potential.
Very Strong Backlog ConversionAn elevated backlog conversion rate shows Meritage’s ability to turn orders into closings quickly, de-risking forward revenue and supporting near-term cash generation. High conversion implies operational execution strength and improves visibility into future cash flows and inventory turnover.
Improved Liquidity And Credit FlexibilityA larger, extended revolver materially boosts financial flexibility for land development, working capital, and strategic optionality. This reduces refinancing risk, supports disciplined land spend and buyback programs, and strengthens resilience through a multi-year cycle downturn.
Bears Say
Material Margin CompressionA 400bp gross margin decline reflects higher incentives, elevated lot costs and lost operating leverage, pressuring sustainable profitability. With management noting margin relief only toward late 2027, compressed margins reduce cash available for reinvestment and heighten sensitivity to cost inflation.
Revenue And Volume WeaknessDeclining closings and ASPs signal softer demand and moderated starts, reducing operating leverage and delaying SG&A efficiency gains. Persistently lower volumes limit margin recovery and slow inventory turns, making multi-quarter earnings and cash recovery more dependent on cyclical improvement.
Uneven Cash Flow ConversionVolatile operating cash conversion limits predictable internal funding for land and dividends/buybacks. History of negative cash flow in prior years shows sensitivity to timing of closings and working capital swings, increasing execution risk for capital returns and growth investments.
Meritage News
MTH FAQ
What was Meritage Homes Corp’s price range in the past 12 months?
Meritage Homes Corp lowest stock price was $58.03 and its highest was $85.38 in the past 12 months.
What is Meritage Homes Corp’s market cap?
Meritage Homes Corp’s market cap is $5.01B.
When is Meritage Homes Corp’s upcoming earnings report date?
Meritage Homes Corp’s upcoming earnings report date is Jul 29, 2026 which is in 12 days.
How were Meritage Homes Corp’s earnings last quarter?
Meritage Homes Corp released its earnings results on Apr 22, 2026. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.931 by -$0.111.
Is Meritage Homes Corp overvalued?
According to Wall Street analysts Meritage Homes Corp’s price is currently Undervalued.
Does Meritage Homes Corp pay dividends?
Meritage Homes Corp pays a Quarterly dividend of $0.48 which represents an annual dividend yield of 2.62%. See more information on Meritage Homes Corp dividends here
What is Meritage Homes Corp’s EPS estimate?
Meritage Homes Corp’s EPS estimate is 1.29.
How many shares outstanding does Meritage Homes Corp have?
Meritage Homes Corp has 66,702,430 shares outstanding.
What happened to Meritage Homes Corp’s price movement after its last earnings report?
Meritage Homes Corp reported an EPS of $0.82 in its last earnings report, missing expectations of $0.931. Following the earnings report the stock price went up 1.732%.
Which hedge fund is a major shareholder of Meritage Homes Corp?
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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Analyst Consensus
Moderate Buy
Average Price Target:
$77.29 (13.54% Upside)
$77.29 (13.54% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 417.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $79.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 26.4%
Last 30 Days ▲ 26.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.07%
12-Months-Change
Fundamentals
Return on Equity
7.40%
Trailing 12-Months
Asset Growth
-1.89%
Trailing 12-Months
Company Description
Meritage Homes Corp
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 Stock 12 Month Forecast
Average Price Target
$77.29
▲(13.54% Upside)
Technical Analysis
Ownership Overview
2.99% Insiders
32.02% Mutual Funds
0.24% Other Institutional Investors
35.81% Public Companies and
Individual Investors