Meritage Homes Corporation (MTH)

NYSE: MTH · Real-Time Price · USD
60.87
-0.34 (-0.56%)
May 19, 2026, 4:00 PM EDT - Market closed
Market Cap4.06B -17.7%
Revenue (ttm)5.62B -10.6%
Net Income385.52M -46.7%
EPS5.50 -44.4%
Shares Out 66.70M
PE Ratio11.06
Forward PE11.57
Dividend$1.92 (3.15%)
Ex-Dividend DateMar 17, 2026
Volume926,638
Open60.27
Previous Close61.21
Day's Range59.13 - 61.14
52-Week Range58.03 - 84.74
Beta1.43
AnalystsBuy
Price Target77.78 (+27.78%)
Earnings DateApr 22, 2026

About MTH

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... [Read more]

IPO Date Jul 20, 1988
Employees 1,860
Stock Exchange NYSE
Ticker Symbol MTH
Full Company Profile

Financial Performance

In 2025, Meritage Homes's revenue was $5.86 billion, a decrease of -8.40% compared to the previous year's $6.40 billion. Earnings were $453.01 million, a decrease of -42.38%.

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for MTH stock is "Buy." The 12-month stock price target is $77.78, which is an increase of 27.78% from the latest price.

Price Target
$77.78
(27.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Meritage Homes price target lowered to $58 from $62 at JPMorgan

JPMorgan lowered the firm’s price target on Meritage Homes (MTH) to $58 from $62 and keeps a Neutral rating on the shares. The firm reduced estimates following the earnings report.

21 days ago - TheFly

Meritage Homes price target lowered to $75 from $76 at Keefe Bruyette

Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Meritage Homes (MTH) to $75 from $76 and keeps a Market Perform rating on the shares. Published first on…

21 days ago - TheFly

Meritage Homes price target lowered to $86 from $95 at UBS

UBS lowered the firm’s price target on Meritage Homes (MTH) to $86 from $95 and keeps a Buy rating on the shares.

25 days ago - TheFly

Meritage Homes Earnings Call Transcript: Q1 2026

Q1 2026 saw lower sales and revenue due to macro headwinds, but record community count and disciplined capital allocation supported strong backlog conversion and shareholder returns. Margins declined but are expected to stabilize, with cautious optimism for the remainder of 2026.

26 days ago - Transcripts

Meritage Homes Earnings release: Q1 2026

Meritage Homes released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.

26 days ago - Filings

Meritage Homes Slides: Q1 2026

Meritage Homes has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 23, 2026.

26 days ago - Filings

Meritage Homes Quarterly report: Q1 2026

Meritage Homes has published its Q1 2026 quarterly earnings report on April 23, 2026.

26 days ago - Filings

Meritage Homes reports Q1 EPS 82c, consensus 98c

Reports Q1 revenue $1.117B, consensus $1.17B. “With the spring selling season commencing this quarter, we experienced some improved demand, achieving an absorption rate of 3.6 net sales per month and…

27 days ago - TheFly

Meritage Homes sees FY26 home closing volume, revenue at or within 5% of FY25

Based on current market conditions, the Company is updating its guidance for full year 2026 home closing volume and revenue to at or within 5% of full year 2025 results.

27 days ago - TheFly

Meritage Homes reports first quarter 2026 results

SCOTTSDALE, Ariz., April 22, 2026 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2026.

27 days ago - GlobeNewsWire

Meritage Homes price target lowered to $72 from $74 at BofA

BofA analyst Rafe Jadrosich lowered the firm’s price target on Meritage Homes (MTH) to $72 from $74 and keeps a Neutral rating on the shares. The firm lowered homebuilder price…

4 weeks ago - TheFly

Meritage Homes price target lowered to $80 from $90 at Truist

Truist lowered the firm’s price target on Meritage Homes (MTH) to $80 from $90 and keeps a Buy rating on the shares as part of a broader research note previewing…

4 weeks ago - TheFly

Meritage Homes price target lowered to $69 from $77 at Evercore ISI

Evercore ISI analyst Stephen Kim lowered the firm’s price target on Meritage Homes (MTH) to $69 from $77 and keeps an In Line rating on the shares. The market has…

5 weeks ago - TheFly

Meritage Homes Proxy statement: Proxy filing

Meritage Homes filed a proxy statement on April 7, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Meritage Homes Proxy statement: Proxy filing

Meritage Homes filed a proxy statement on April 7, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Meritage Homes Proxy statement: Proxy filing

Meritage Homes filed a proxy statement on March 26, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

Meritage Homes First Quarter 2026 Earnings Conference Call and Webcast Scheduled for April 23, 2026

SCOTTSDALE, Ariz., March 12, 2026 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2026 result...

2 months ago - GlobeNewsWire

Meritage Homes initiated with a Buy at Truist

Truist analyst Jonathan Bettenhausen initiated coverage of Meritage Homes (MTH) with a Buy rating and $90 price target as part of the firm’s coverage launch of the U.S. homebuilding industry.

2 months ago - TheFly

Meritage Homes raises quarterly dividend 12% to 48c per share

Meritage Homes (MTH) Corporation announced that its Board of Directors has declared a quarterly dividend of 48c per share, a 12% increase year-over-year from the quarterly dividend of 43c per…

3 months ago - TheFly

Meritage Homes Increases Quarterly Cash Dividend

SCOTTSDALE, Ariz., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of D...

3 months ago - GlobeNewsWire

Meritage Homes price target lowered to $76 from $78 at Keefe Bruyette

Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Meritage Homes (MTH) to $76 from $78. The firm keeps a Market Perform rating on the shares given the…

3 months ago - TheFly

Meritage Homes price target lowered to $95 from $101 at UBS

UBS lowered the firm’s price target on Meritage Homes (MTH) to $95 from $101 and keeps a Buy rating on the shares.

3 months ago - TheFly

Meritage Homes Earnings Call Transcript: Q4 2025

Q4 2025 saw lower revenue and margins due to affordability challenges and higher incentives, but strong capital returns and cost controls supported results. 2026 guidance is flat, with focus on share buybacks, community growth, and margin recovery as market conditions stabilize.

3 months ago - Transcripts

Meritage Homes Annual report: Q4 2025

Meritage Homes has published its Q4 2025 annual report on January 29, 2026.

3 months ago - Filings

Meritage Homes Earnings release: Q4 2025

Meritage Homes released its Q4 2025 earnings on January 29, 2026, summarizing the period's financial results.

3 months ago - Filings