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Meritage Homes Corp (MTH)
:MTH
MTH Stock Chart & Stats
Day’s Range― - ―
52-Week Range$59.27 - $106.99
Previous CloseN/A
Volume216.10K
Average Volume (3M)934.95K
Market Cap
$5.30B
Enterprise Value$1.98B
Total Cash (Recent Filing)$1.01B
Total Debt (Recent Filing)$1.89B
Price to Earnings (P/E)7.5
Beta1.07
Next Earnings
Jul 23, 2025EPS Estimate
2.02Last Dividend Ex-Date
Jun 16, 2025Dividend Yield2.33%
Share Statistics
EPS (TTM)1.69
Shares Outstanding71,830,260
10 Day Avg. Volume1,057,685
30 Day Avg. Volume934,946
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.43
Price to Sales (P/S)0.00
P/FCF Ratio4.47
Enterprise Value/Market Cap0.37
Enterprise Value/Revenue0.08
Enterprise Value/Gross Profit1.30
Enterprise Value/Ebitda0.49
Forecast
1Y Price Target
$89.33Price Target Upside21.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Meritage News
PremiumCompany Announcements
Meritage Extends Credit Agreement Maturity to 2030
PremiumCompany Announcements
Meritage Homes Implements Board Declassification AmendmentsPremiumCompany Announcements
Meritage COO Clint Szubinski Announces Resignation
PremiumCompany Announcements
Meritage Homes Q1 2025 Earnings Call InsightsBulls Say, Bears Say
Bulls Say
Community GrowthCommunity openings should support delivery acceleration, with MTH expecting double-digit community growth in 2025.
Market ShareMeritage Homes is viewed as a strong operator that has consistently gained market share over the last decade.
ValuationMeritage trades at 0.9X price-to-book, which is considered an attractive valuation and a good entry point for shares.
Bears Say
Backlog StabilityBacklog conversion ratio was 220% in 1Q25, well above the 125% long-term target, but this level is likely unsustainable.
Demand EnvironmentThe question is what incentive level/margin will be necessary to continue this pace in a softer overall demand environment.
Market RisksRisks for Meritage include high mortgage rates, soft housing demand, rising land prices, and tariff uncertainty.
Ownership Overview
2.65% Insiders
28.41% Mutual Funds
21.03% Other Institutional Investors
18.38% Public Companies and Individual Investors
MTH FAQ
What was Meritage Homes Corp’s price range in the past 12 months?
Meritage Homes Corp lowest stock price was $59.27 and its highest was $106.99 in the past 12 months.
What is Meritage Homes Corp’s market cap?
Meritage Homes Corp’s market cap is $5.30B.
When is Meritage Homes Corp’s upcoming earnings report date?
Meritage Homes Corp’s upcoming earnings report date is Jul 23, 2025 which is in 8 days.
How were Meritage Homes Corp’s earnings last quarter?
Meritage Homes Corp released its earnings results on Apr 23, 2025. The company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.692 by -$0.002.
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 $2.36 which represents an annual dividend yield of 2.33%. See more information on Meritage Homes Corp dividends here
What is Meritage Homes Corp’s EPS estimate?
Meritage Homes Corp’s EPS estimate is 2.02.
How many shares outstanding does Meritage Homes Corp have?
Meritage Homes Corp has 71,830,260 shares outstanding.
What happened to Meritage Homes Corp’s price movement after its last earnings report?
Meritage Homes Corp reported an EPS of $1.69 in its last earnings report, missing expectations of $1.692. Following the earnings report the stock price went up 1.033%.
Which hedge fund is a major shareholder of Meritage Homes Corp?
Currently, no hedge funds are holding shares in MTH
Meritage Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$89.33 (21.09% Upside)
$89.33 (21.09% Upside)
Blogger Sentiment
Bullish
MTH Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 516.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $264.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.6%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.79%
12-Months-Change
Fundamentals
Return on Equity
14.58%
Trailing 12-Months
Asset Growth
18.66%
Trailing 12-Months
Company Description
Meritage Homes Corp
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
MTH Company Deck
MTH Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Meritage Homes demonstrated strong sales performance and strategic growth in Q1 2025, despite facing macroeconomic challenges and a decrease in home closing revenue and margins. The company maintained its full-year guidance, reflecting confidence in its strategy and market position.Read More>MTH Stock 12 Month Forecast
Average Price Target
$89.33
▲(21.09%Upside)