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MTH Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
68.811
Open
67.630
VWAP
67.57
Vol
982.20K
Mkt Cap
4.48B
Low
66.755
Amount
66.36M
EV/EBITDA(TTM)
9.22
Total Shares
66.80M
EV
5.60B
EV/OCF(TTM)
47.33
P/S(TTM)
0.83
Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. The Company’s segments include homebuilding and financial services. The homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. It has operations in three regions: West, Central and East, which are comprised of 12 states: Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding segments. The financial services segment offers title and escrow, mortgage, and insurance services. Its financial services operations also provide mortgage services to its homebuyers through an unconsolidated joint venture. The Company’s homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets.
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Events Timeline

(ET)
2026-02-19
15:20:00
Meritage Homes Announces Quarterly Dividend Increase to 48 Cents
select
2026-01-28 (ET)
2026-01-28
16:40:00
Company Expects FY26 Home Closing Volume Consistent with 2025
select
2026-01-28
16:40:00
Meritage Homes Q4 Revenue at $1.43B, Below Consensus
select

News

Yahoo Finance
9.5
03-08Yahoo Finance
Meritage Homes Receives Buy Rating and Dividend Increase
  • Initiation of Buy Rating: On March 4, Truist Securities initiated coverage on Meritage Homes Corp (NYSE:MTH) with a Buy rating and a price target of $90, citing the company's spec-only business model as a key factor for cost savings, appealing to investors interested in the lower-end housing market.
  • Dividend Increase: Meritage Homes announced a quarterly dividend of $0.48 per share on February 19, marking a 12% increase from last year's $0.43, demonstrating financial stability, with the dividend scheduled for payment on March 31, 2026, enhancing shareholder return confidence.
  • Earnings Report Performance: In its Q4 2025 earnings report, Meritage Homes posted adjusted EPS of $1.67, exceeding the consensus estimate of $1.53, although revenue of $1.41 billion fell short of the $1.49 billion projection, reflecting operational challenges in a tough market environment.
  • Market Positioning: As one of the top five homebuilders in the U.S., Meritage Homes targets entry-level and first move-up home markets, focusing on delivering energy-efficient and affordable homes, having delivered over 210,000 homes in its 40-year history, showcasing its competitive strength and market impact.
Barron's
6.5
03-04Barron's
Truist Predicts Decline in Home Builder Revenue This Year, Yet Recommends These 4 Stocks for Purchase.
  • Home-builder revenue forecast: Home-builder revenue is expected to decline significantly in 2026 due to ongoing pressures in the housing market.

  • Investor opportunities: Despite the revenue drop, the situation presents a favorable opportunity for investors looking to target specific builders.

Fool
2.0
02-22Fool
Dendur Capital Fully Exits Meritage Homes Stake
  • Position Change: Dendur Capital LP reported in an SEC filing dated February 17, 2026, that it sold its entire position of 891,000 shares in Meritage Homes, with an estimated transaction value of $64.54 million, indicating a cautious outlook on the company's future prospects as reflected in the net position decrease for the quarter.
  • Asset Allocation Shift: This transaction reduced Meritage Homes' representation in Dendur Capital's assets from 6.7% to 0%, suggesting a complete exit from the stock, which may impact market confidence in the company moving forward.
  • Market Environment Impact: High mortgage rates have made it increasingly difficult for entry-level buyers to afford homes, affecting Meritage Homes' primary market; however, the company continues to see housing demand in the fast-growing Sunbelt regions, indicating potential challenges for future growth.
  • Management Strategy: Meritage has utilized incentives such as rate buydowns and closing cost support to sustain buyer interest, and despite rising borrowing costs, management has remained disciplined in land spending and community expansion, reflecting confidence in future demand amidst a challenging market environment.
NASDAQ.COM
2.0
02-22NASDAQ.COM
Dendur Capital Exits Entire Position in Meritage Homes
  • Shareholder Change: Dendur Capital LP disclosed in an SEC filing dated February 17, 2026, that it sold its entire position of 891,000 shares in Meritage Homes for an estimated transaction value of $64.54 million, resulting in a 6.4% decrease in its 13F reportable assets under management.
  • Asset Management Impact: Following this transaction, Dendur Capital's stake in Meritage dropped from 6.7% to 0%, indicating a significant loss of confidence in the company, which may affect its future investment strategies.
  • Market Environment: Meritage Homes primarily targets first-time and move-up buyers, and despite a 12.4% increase in stock price over the past year, high mortgage rates continue to pressure its market, impacting sales potential.
  • Future Outlook: The management remains disciplined in land spending and community expansion to protect returns; however, if incentives continue to rise, profits may shrink, prompting investors to monitor the sustainability of future demand.
Newsfilter
8.0
02-19Newsfilter
Meritage Homes Announces 12% Increase in Quarterly Dividend
  • Dividend Increase: Meritage Homes has declared a quarterly dividend of $0.48 per share, representing a 12% year-over-year increase from $0.43 in 2025, reflecting the company's ongoing profitability and commitment to shareholder returns.
  • Payment Schedule: The dividend is payable on March 31, 2026, to shareholders of record as of March 17, 2026, ensuring timely returns for investors and enhancing confidence in the company's financial health.
  • Market Position: As the fifth-largest homebuilder in the U.S., Meritage delivered over 210,000 homes in 2025, showcasing its leadership in energy-efficient and affordable housing, thereby solidifying its market share.
  • Industry Recognition: Meritage has received multiple awards from the EPA for its quality construction and customer experience, including the ENERGY STAR Partner of the Year for Sustained Excellence, highlighting its significant impact in sustainable building practices.
Fool
8.5
02-12Fool
U.S. Housing Shortage and Investment Opportunities
  • Housing Shortage Reality: According to Goldman Sachs, the U.S. faces a shortage of 3 to 4 million homes, significantly exceeding the normal annual construction of 1.5 million, leading to fierce competition among buyers and rising prices, thus providing sustained market opportunities for major homebuilders.
  • Growth Potential of LGI Homes: LGI Homes is projected to achieve an 11% sales growth this year and 6% next year, reaching $2 billion in sales by 2027, showcasing its ability to stand out in a competitive market, particularly among first-time homebuyers.
  • Market Leadership of D.R. Horton: As the largest homebuilder in the U.S., D.R. Horton reported $34.3 billion in sales last year, with expectations to grow sales to nearly $40 billion in the coming years, and its reasonable 10x P/E ratio offers a compelling value proposition for investors.
  • Income Model of Invitation Homes: Invitation Homes owns and manages over 100,000 homes, with projected sales growth of only 3%, but its 4.34% dividend yield significantly surpasses the market average, attracting more income-focused investors.
Wall Street analysts forecast MTH stock price to rise
6 Analyst Rating
Wall Street analysts forecast MTH stock price to rise
2 Buy
4 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
74.00
Averages
85.50
High
104.00
Current: 0.000
sliders
Low
74.00
Averages
85.50
High
104.00
Truist
Jonathan Bettenhausen
Buy
initiated
$90
AI Analysis
2026-03-03
Reason
Truist
Jonathan Bettenhausen
Price Target
$90
AI Analysis
2026-03-03
initiated
Buy
Reason
Truist analyst Jonathan Bettenhausen initiated coverage of Meritage Homes with a Buy rating and $90 price target as part of the firm's coverage launch of the U.S. homebuilding industry. The company's differentiated 100% spec strategy should drive long-term volume leverage through a limited SKU count and cost efficiencies from avoiding customization, the analyst tells investors in a research note.
Keefe Bruyette
Jade Rahmani
Market Perform
downgrade
$78 -> $76
2026-02-03
Reason
Keefe Bruyette
Jade Rahmani
Price Target
$78 -> $76
2026-02-03
downgrade
Market Perform
Reason
Keefe Bruyette analyst Jade Rahmani lowered the firm's price target on Meritage Homes to $76 from $78. The firm keeps a Market Perform rating on the shares given the challenging homebuilding environment and outlook, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MTH
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Valuation Metrics

The current forward P/E ratio for Meritage Homes Corp (MTH.N) is 9.74, compared to its 5-year average forward P/E of 6.88. For a more detailed relative valuation and DCF analysis to assess Meritage Homes Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
6.88
Current PE
9.74
Overvalued PE
9.09
Undervalued PE
4.67

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
5.53
Current EV/EBITDA
8.46
Overvalued EV/EBITDA
7.28
Undervalued EV/EBITDA
3.78

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.77
Current PS
0.76
Overvalued PS
0.96
Undervalued PS
0.58

Financials

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Whales Holding MTH

C
Crestline Investors Inc.
Holding
MTH
+13.24%
3M Return
G
Greenhaven Associates Inc
Holding
MTH
-3.62%
3M Return

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Frequently Asked Questions

What is Meritage Homes Corp (MTH) stock price today?

The current price of MTH is 67.13 USD — it has decreased -1.32

What is Meritage Homes Corp (MTH)'s business?

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. The Company’s segments include homebuilding and financial services. The homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. It has operations in three regions: West, Central and East, which are comprised of 12 states: Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding segments. The financial services segment offers title and escrow, mortgage, and insurance services. Its financial services operations also provide mortgage services to its homebuyers through an unconsolidated joint venture. The Company’s homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets.

What is the price predicton of MTH Stock?

Wall Street analysts forecast MTH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTH is85.50 USD with a low forecast of 74.00 USD and a high forecast of 104.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Meritage Homes Corp (MTH)'s revenue for the last quarter?

Meritage Homes Corp revenue for the last quarter amounts to 1.44B USD, decreased -11.47

What is Meritage Homes Corp (MTH)'s earnings per share (EPS) for the last quarter?

Meritage Homes Corp. EPS for the last quarter amounts to 1.20 USD, decreased -49.15

How many employees does Meritage Homes Corp (MTH). have?

Meritage Homes Corp (MTH) has 1860 emplpoyees as of March 11 2026.

What is Meritage Homes Corp (MTH) market cap?

Today MTH has the market capitalization of 4.48B USD.