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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$56.66 - $85.38
Previous Close$73.24
Volume783.94K
Average Volume (3M)941.10K
Market Cap
$3.86B
Enterprise Value$6.64B
Total Cash (Recent Filing)$807.27M
Total Debt (Recent Filing)$1.85B
Price to Earnings (P/E)12.3
Beta0.61
Next Earnings
Oct 28, 2026EPS Estimate
1.17Next Dividend Ex-DateN/A
Dividend Yield3.16%
Share Statistics
EPS (TTM)4.80
Shares Outstanding65,174,095
10 Day Avg. Volume1,052,349
30 Day Avg. Volume941,101
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 Cap1.72
Enterprise Value/Revenue1.22
Enterprise Value/Gross Profit6.44
Enterprise Value/Ebitda13.16
Forecast
1Y Price Target
$73.50Price Target Upside4.21% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)4.82
Revenue Forecast (FY)$5.34B
Bulls Say, Bears Say
Bulls Say
Liquidity And Balance SheetStrong liquidity and moderate leverage provide Meritage with meaningful resilience during a cyclical housing slowdown. Cash on hand, unused borrowing capacity, and a low net-debt-to-capital ratio support land investment, operations, and shareholder returns without excessive balance-sheet strain.
Cost And Cycle-Time EfficiencySustained cycle-time discipline and lower direct construction costs can protect profitability even when demand is softer. Faster builds reduce carrying costs and improve responsiveness, while purchasing and trade-partner savings should support margins as newer, lower-cost starts move through production.
Community ExpansionA growing community base expands Meritage's future selling opportunities and broadens its presence across housing markets. Continued openings, alongside controlled land and lot investment, can support longer-term volume recovery if affordability and demand conditions improve.
Bears Say
Demand And Revenue ContractionLower orders and reduced full-year guidance indicate that demand weakness is affecting both near-term volume and revenue visibility. Fewer sales per community can reduce operating leverage, limit absorption of fixed costs, and make a sustained earnings recovery dependent on improved affordability.
Persistent Margin HeadwindsThe elevated cost basis embedded in current land inventory may keep gross margins under pressure beyond the next few quarters. Management expects relief only as lower-cost land flows through later, creating a durable constraint on profitability and limiting the benefit of operational cost savings.
Volatile Cash GenerationRecent cash generation is strong, but the history of sizable working-capital swings makes free cash flow less predictable than current results suggest. Volatility is structurally common in residential construction and can complicate land investment, buybacks, and dividend decisions across the cycle.
Meritage News
MTH FAQ
What was Meritage’s price range in the past 12 months?
Meritage lowest stock price was $56.66 and its highest was $85.38 in the past 12 months.
What is Meritage’s market cap?
Meritage’s market cap is $3.86B.
When is Meritage’s upcoming earnings report date?
Meritage’s upcoming earnings report date is Oct 28, 2026 which is in 9 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 3.16%. See more information on Meritage dividends here
What is Meritage’s EPS estimate?
Meritage’s EPS estimate is 1.17.
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
Underperform
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9
10
Analyst Consensus
Hold
Average Price Target:
$73.50 (4.21% Upside)
$73.50 (4.21% Upside)
Blogger Sentiment
Neutral
MTH Sentiment 57%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 409.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.9%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.83%
12-Months-Change
Fundamentals
Return on Equity
6.38%
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
$73.50
▲(4.21% Upside)
Technical Analysis
Ownership Overview
3.04% Insiders
32.78% Mutual Funds
0.24% Other Institutional Investors
31.38% Public Companies and
Individual Investors