Analysts Issue Forecasts for Meritage Homes FY2025 Earnings

Meritage Homes Corporation (NYSE:MTH) – Investment analysts at Seaport Res Ptn lowered their FY2025 EPS estimates for Meritage Homes in a research note issued on Wednesday, October 29th. Seaport Res Ptn analyst K. Zener now forecasts that the construction company will earn $6.70 per share for the year, down from their previous forecast of $8.56. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Seaport Res Ptn also issued estimates for Meritage Homes’ Q4 2025 earnings at $1.56 EPS and FY2026 earnings at $6.43 EPS.

Several other research analysts have also issued reports on the stock. Zacks Research raised shares of Meritage Homes from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 23rd. Zelman & Associates raised shares of Meritage Homes to a “strong-buy” rating in a research report on Thursday, July 24th. Keefe, Bruyette & Woods dropped their price target on shares of Meritage Homes from $77.00 to $75.00 and set a “market perform” rating for the company in a research report on Monday, July 28th. Bank of America decreased their price objective on shares of Meritage Homes from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. Finally, Evercore ISI decreased their price objective on shares of Meritage Homes from $82.00 to $78.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $84.71.

Meritage Homes Stock Performance

NYSE:MTH opened at $65.32 on Monday. Meritage Homes has a 12-month low of $59.27 and a 12-month high of $98.74. The company has a quick ratio of 2.16, a current ratio of 1.95 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $4.65 billion, a PE ratio of 6.64 and a beta of 1.42. The firm has a 50-day moving average price of $73.21 and a 200 day moving average price of $70.60.

Meritage Homes (NYSE:MTH) last posted its quarterly earnings results on Tuesday, October 28th. The construction company reported $1.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.71 by ($0.32). Meritage Homes had a return on equity of 10.37% and a net margin of 8.96%.The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same period last year, the company earned $5.34 EPS. The business’s revenue for the quarter was down 11.8% on a year-over-year basis. Meritage Homes has set its Q4 2025 guidance at 1.510-1.700 EPS.

Institutional Trading of Meritage Homes

Several hedge funds have recently modified their holdings of MTH. Atlantic Union Bankshares Corp bought a new stake in shares of Meritage Homes during the second quarter valued at approximately $33,000. Assetmark Inc. grew its stake in shares of Meritage Homes by 166.5% during the first quarter. Assetmark Inc. now owns 581 shares of the construction company’s stock valued at $41,000 after purchasing an additional 363 shares during the last quarter. Signaturefd LLC grew its stake in shares of Meritage Homes by 54.9% during the second quarter. Signaturefd LLC now owns 618 shares of the construction company’s stock valued at $41,000 after purchasing an additional 219 shares during the last quarter. Whittier Trust Co. grew its stake in shares of Meritage Homes by 100.0% during the first quarter. Whittier Trust Co. now owns 660 shares of the construction company’s stock valued at $47,000 after purchasing an additional 330 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Meritage Homes by 194.9% during the second 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 during the last quarter. 98.44% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Phillippe Lord sold 6,950 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $80.01, for a total transaction of $556,069.50. Following the sale, the chief executive officer directly owned 221,320 shares of the company’s stock, valued at $17,707,813.20. This represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.20% of the company’s stock.

Meritage Homes Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, September 16th. Meritage Homes’s dividend payout ratio is currently 17.48%.

About Meritage Homes

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, Florida, Georgia, North Carolina, South Carolina, and Tennessee.