Analysts Set Expectations for Meritage Homes FY2026 Earnings

Meritage Homes Corporation (NYSE:MTH) – Analysts at Wolfe Research reduced their FY2026 earnings estimates for shares of Meritage Homes in a research report issued to clients and investors on Thursday, July 30th. Wolfe Research analyst T. Allinson now anticipates that the construction company will post earnings of $4.85 per share for the year, down from their previous estimate of $5.03. The consensus estimate for Meritage Homes’ current full-year earnings is $5.00 per share. Wolfe Research also issued estimates for Meritage Homes’ Q4 2026 earnings at $1.53 EPS.

MTH has been the subject of a number of other research reports. Zacks Research raised shares of Meritage Homes from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Bank of America cut their target price on Meritage Homes from $74.00 to $72.00 and set a “neutral” rating on the stock in a research report on Monday, April 20th. UBS Group restated a “buy” rating and set a $88.00 price target (up from $86.00) on shares of Meritage Homes in a research note on Friday. Weiss Ratings upgraded Meritage Homes from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, June 24th. Finally, Truist Financial set a $80.00 price objective on Meritage Homes and gave the company a “buy” rating in a report on Thursday, April 16th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $79.25.

Meritage Homes Price Performance

Shares of MTH opened at $74.61 on Wednesday. The firm has a 50-day simple moving average of $74.11 and a two-hundred day simple moving average of $70.42. The stock has a market cap of $4.86 billion, a PE ratio of 15.61, a P/E/G ratio of 5.34 and a beta of 1.36. Meritage Homes has a 1-year low of $58.03 and a 1-year high of $85.38. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.97 and a quick ratio of 1.96.

Meritage Homes (NYSE:MTH) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.12. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Meritage Homes had a net margin of 6.11% and a return on equity of 7.13%. Meritage Homes’s revenue for the quarter was down 14.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.04 earnings per share.

Meritage Homes Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were issued a dividend of $0.48 per share. The ex-dividend date was Tuesday, June 16th. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. Meritage Homes’s dividend payout ratio is 40.17%.

Insider Transactions at Meritage Homes

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

Institutional Trading of Meritage Homes

Several hedge funds have recently modified their holdings of MTH. Salomon & Ludwin LLC boosted its holdings in Meritage Homes by 63.9% in the fourth quarter. Salomon & Ludwin LLC now owns 372 shares of the construction company’s stock valued at $25,000 after purchasing an additional 145 shares during the period. Essential Partners LLC increased its holdings in Meritage Homes by 163.8% during the 1st quarter. Essential Partners LLC now owns 401 shares of the construction company’s stock worth $25,000 after purchasing an additional 249 shares during the period. Larson Financial Group LLC increased its holdings in Meritage Homes by 265.5% during the 3rd quarter. Larson Financial Group LLC now owns 402 shares of the construction company’s stock worth $29,000 after purchasing an additional 292 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in Meritage Homes in the 4th quarter valued at about $39,000. Finally, EverSource Wealth Advisors LLC raised its position in Meritage Homes by 194.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 699 shares of the construction company’s stock valued at $47,000 after purchasing an additional 462 shares in the last quarter. 98.44% of the stock is currently 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.