Meritage Corporation (MTH)

Currency in USD
73.08
-0.54(-0.73%)
Closed·
73.16+0.08(+0.11%)
·
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Fair Value
Day's Range
72.7574.00
52 wk Range
58.0385.38
Key Statistics
Prev. Close
73.62
Open
72.95
Day's Range
72.75-74
52 wk Range
58.03-85.38
Volume
495.44K
Average Volume (3m)
902.38K
1-Year Change
-5.0909%
Book Value / Share
75.83
Fair Value
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Fair Value Upside
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MTH Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
82.38
Upside
+12.72%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield

Meritage Corporation News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Sell
Moving Averages
Strong Sell

Analyst Ratings

5 Buy
4 Hold
0 Sell
Ratings:
9 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 82.38
(+12.72% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Buy88.00+20.42%86.00MaintainJul 31, 2026
Goldman Sachs
Buy93.00+27.26%82.00MaintainJul 10, 2026
Zelman & Associates
Hold---DowngradeJul 07, 2026
Citizens
Buy90.00+23.15%-MaintainJul 06, 2026
Truist Securities
Buy80.00+9.47%-MaintainMay 08, 2026

Meritage Corporation Earnings Call Summary for Q2/2026

  • Q2 2026 adjusted EPS of $1.42 beat estimates by 9.23%, but revenue of $1.4B missed forecasts, falling 14% year-over-year amid affordability pressures.
  • Adjusted gross margin improved sequentially to 18.6% from 17.8% in Q1 through cost discipline, though down 280 bps year-over-year on higher land costs.
  • Q3 guidance projects 3,300-3,600 closings, $1.26B-$1.35B revenue, and EPS of $1.10-$1.30 with 18% gross margin, reflecting continued market headwinds.
  • Company announced strategic shift toward first-time move-up homes, targeting one-third of portfolio by 2028, with material financial impact expected then.
  • Meritage repurchased $100M in shares during Q2, maintains strong balance sheet with $807M cash, zero credit facility borrowings, and 17.1% net debt-to-capital.
Last Updated: 2026-07-30, 12:44 p/m
Read Full Transcript

Earnings

Latest Release
Jul 29, 2026
EPS / Forecast
1.42 / 1.30
Revenue / Forecast
1.4B / 1.43B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.80%
Dividend Yield
2.61%
Industry Median 2.07%
Annualized payout
1.92
Paid unevenly
5-Years Growth
-
Growth Streak

MTH Income Statement

Compare MTH to Peers and Sector

Metrics to compare
MTH
Peers
Sector
Relationship
P/E Ratio
14.5x14.6x10.3x
PEG Ratio
−0.32−0.650.02
Price/Book
0.9x2.1x1.4x
Price / LTM Sales
0.9x1.0x0.9x
Upside (Analyst Target)
14.9%2.9%26.3%
Fair Value Upside
Unlock7.7%12.0%Unlock

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached 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 entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
38.91M59.70%2.84B
Other Institutional Investors
29.03M40.30%2.12B
Public Companies & Retail Investors
0.000.00%0.00
Total
67.94M100.00%4.96B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.18.76%12,228,015893,623
iShares Trust - iShares Core S&P Small-Cap ETF6.23%4,060,453296,738

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FAQ

What Is the Meritage (MTH) Stock Price Today?

The Meritage stock price today is 73.08 USD.

What Stock Exchange Does Meritage Trade On?

Meritage is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Meritage?

The stock symbol for Meritage is "MTH."

Does Meritage Pay Dividends? What’s The Current Dividend Yield?

The Meritage dividend yield is 2.61%.

What Is the Meritage Market Cap?

As of today, Meritage market cap is 4.80B USD.

What Is Meritage's Earnings Per Share (TTM)?

The Meritage EPS (TTM) is 4.80.

When Is the Next Meritage Earnings Date?

Meritage will release its next earnings report on Oct 28, 2026.

From a Technical Analysis Perspective, Is MTH a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Meritage Stock Split?

Meritage has split 4 times.

How Many Employees Does Meritage Have?

Meritage has 1860 employees.

What is the current trading status of Meritage (MTH)?

As of Aug 15, 2026, Meritage (MTH) is trading at a price of 73.08 USD, with a previous close of 73.62 USD. The stock has fluctuated within a day range of 72.75 USD to 74.00 USD, while its 52-week range spans from 58.03 USD to 85.38 USD.

What Is Meritage (MTH) Price Target According to Analysts?

The average 12-month price target for Meritage is 82.38 USD, with a high estimate of 93 USD and a low estimate of 72 USD. 5 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +12.72% Upside potential.

What Is the MTH Premarket Price?

MTH's last pre-market stock price is 74.00 USD. The pre-market share volume is 820.00, and the stock has decreased by 0.38, or 0.52%.

What Is the MTH After Hours Price?

MTH's last after hours stock price is 73.16 USD, the stock has decreased by 0.08, or 0.11%.
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