Meritage Homes (MTH) Expected to Announce Quarterly Earnings on Wednesday

Meritage Homes (NYSE:MTH) is anticipated to post its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to announce earnings of $1.30 per share and revenue of $1.4286 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Meritage Homes (NYSE:MTH) last released its quarterly earnings data on Wednesday, April 22nd. The construction company reported $0.86 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.12). The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.55 billion. Meritage Homes had a return on equity of 8.08% and a net margin of 6.86%.The business’s quarterly revenue was down 17.5% on a year-over-year basis. During the same period last year, the firm posted $1.69 EPS. On average, analysts expect Meritage Homes to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Meritage Homes Stock Up 0.8%

Shares of NYSE:MTH opened at $71.74 on Wednesday. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.36. The business has a fifty day moving average of $72.17 and a two-hundred day moving average of $70.31. The stock has a market cap of $4.79 billion, a P/E ratio of 13.16, a PEG ratio of 3.15 and a beta of 1.35. Meritage Homes has a 52-week low of $58.03 and a 52-week high of $85.38.

Meritage Homes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 16th. Meritage Homes’s payout ratio is currently 35.23%.

Analyst Upgrades and Downgrades

MTH has been the topic of several recent research reports. Bank of America lowered their price target on shares of Meritage Homes from $74.00 to $72.00 and set a “neutral” rating on the stock in a research report on Monday, April 20th. Zacks Research raised shares of Meritage Homes from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Citigroup reaffirmed a “market outperform” rating on shares of Meritage Homes in a research note on Monday, July 6th. Wall Street Zen lowered shares of Meritage Homes from a “hold” rating to a “sell” rating in a report on Saturday, June 20th. Finally, Zelman & Associates cut shares of Meritage Homes from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 7th. Five research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $80.22.

Insider Activity at Meritage Homes

In other news, CAO Alison Sasser sold 1,273 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $62.11, for a total value of $79,066.03. Following the transaction, the chief accounting officer owned 7,634 shares of the company’s stock, valued at $474,147.74. This represents a 14.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.50% of the stock is currently owned by company insiders.

Institutional Trading of Meritage Homes

A number of hedge funds and other institutional investors have recently modified their holdings of MTH. Coldstream Capital Management Inc. acquired a new position in Meritage Homes in the third quarter valued at about $249,000. CI Investments Inc. boosted its stake in Meritage Homes by 412.8% during the fourth quarter. CI Investments Inc. now owns 3,533 shares of the construction company’s stock worth $232,000 after buying an additional 2,844 shares during the period. Private Advisor Group LLC acquired a new stake in shares of Meritage Homes during the third quarter valued at about $222,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Meritage Homes during the second quarter valued at about $221,000. Finally, Virtu Financial LLC acquired a new stake in shares of Meritage Homes during the third quarter valued at about $221,000. 98.44% of the stock is owned by institutional investors and hedge funds.

Meritage Homes Company Profile

Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.