Meritage Homes (NYSE:MTH – Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Meritage Homes to announce earnings of $1.17 per share and revenue of $1.29 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.
Meritage Homes (NYSE:MTH – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Meritage Homes had a net margin of 6.11% and a return on equity of 7.13%. The business’s revenue was down 14.1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.04 EPS. On average, analysts expect Meritage Homes to post $4.93 EPS for the current fiscal year and $5.55 EPS for the next fiscal year.
Meritage Homes Stock Down 0.7%
MTH stock opened at $63.72 on Tuesday. The firm has a market cap of $4.15 billion, a PE ratio of 13.33, a PEG ratio of 4.81 and a beta of 1.33. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.97 and a current ratio of 1.97. The firm’s 50 day moving average price is $64.96 and its 200-day moving average price is $69.18. Meritage Homes has a one year low of $56.66 and a one year high of $85.38.
Meritage Homes Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $0.48 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.92 dividend on an annualized basis and a yield of 3.0%. Meritage Homes’s dividend payout ratio is currently 40.17%.
Analyst Upgrades and Downgrades
MTH has been the subject of several analyst reports. The Goldman Sachs Group set a $82.00 price objective on Meritage Homes and gave the stock a “buy” rating in a research report on Monday, October 12th. Wall Street Zen upgraded Meritage Homes from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Evercore set a $65.00 price target on Meritage Homes in a report on Friday, September 25th. Weiss Ratings cut Meritage Homes from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 18th. Finally, Truist Financial set a $72.00 price objective on Meritage Homes and gave the stock a “hold” rating in a research report on Wednesday, September 16th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $73.56.
Check Out Our Latest Stock Analysis on Meritage Homes
Meritage Homes Company Profile
Meritage Homes Corporation is a residential construction company that designs and builds single-family homes in the United States. The company primarily serves entry-level and first-time homebuyers, offering homes in a range of floor plans and communities designed around affordability, energy efficiency and modern features.
Meritage Homes sells homes through its own communities and provides related services, including land acquisition and development, home design, construction, sales and customer support.
Recommended Stories
- Five stocks we like better than Meritage Homes
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Meritage Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meritage Homes and related companies with MarketBeat.com's FREE daily email newsletter.
