Meritage Homes (NYSE:MTH) Releases Q3 2026 Earnings Guidance

Meritage Homes (NYSE:MTH) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.100-1.300 for the period, compared to the consensus EPS estimate of 1.470. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Weiss Ratings upgraded Meritage Homes from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, June 24th. JPMorgan Chase & Co. dropped their price target on Meritage Homes from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 28th. Truist Financial set a $80.00 price objective on Meritage Homes and gave the stock a “buy” rating in a research note on Thursday, April 16th. Zelman & Associates downgraded shares of Meritage Homes from an “outperform” rating to a “neutral” rating in a report on Tuesday, July 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $93.00 price objective (up from $82.00) on shares of Meritage Homes in a report on Friday, July 10th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $79.25.

Meritage Homes Stock Performance

Meritage Homes stock traded down $0.58 during mid-day trading on Friday, hitting $70.23. 1,078,041 shares of the company’s stock traded hands, compared to its average volume of 974,734. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.36. Meritage Homes has a one year low of $58.03 and a one year high of $85.38. The firm has a 50 day moving average price of $73.64 and a 200 day moving average price of $70.52. The company has a market cap of $4.68 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of 3.17 and a beta of 1.35.

Meritage Homes (NYSE:MTH) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.12. Meritage Homes had a return on equity of 7.08% and a net margin of 6.11%.The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the prior year, the business posted $2.04 earnings per share. The company’s revenue for the quarter was down 14.1% compared to the same quarter last year. On average, equities analysts forecast that Meritage Homes will post 5 EPS for the current year.

Meritage Homes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 16th. Meritage Homes’s dividend payout ratio is currently 40.17%.

Insider Activity at Meritage Homes

In related news, CAO Alison Sasser sold 1,273 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.11, for a total transaction of $79,066.03. Following the sale, the chief accounting officer owned 7,634 shares of the company’s stock, valued at $474,147.74. The trade was a 14.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Meritage Homes

Institutional investors have recently bought and sold shares of the stock. Xponance LLC raised its holdings in Meritage Homes by 2.7% in the 4th quarter. Xponance LLC now owns 7,868 shares of the construction company’s stock valued at $518,000 after acquiring an additional 208 shares during the period. Corient Private Wealth LLC raised its stake in Meritage Homes by 6.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,903 shares of the construction company’s stock worth $257,000 after purchasing an additional 240 shares in the last quarter. M&T Bank Corp grew its position in shares of Meritage Homes by 5.6% during the 2nd quarter. M&T Bank Corp now owns 4,806 shares of the construction company’s stock worth $322,000 after purchasing an additional 256 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Meritage Homes by 23.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,429 shares of the construction company’s stock worth $104,000 after purchasing an additional 268 shares in the last quarter. Finally, Caxton Associates LLP lifted its holdings in shares of Meritage Homes by 0.7% during the 3rd quarter. Caxton Associates LLP now owns 39,054 shares of the construction company’s stock worth $2,829,000 after acquiring an additional 286 shares during the period. Hedge funds and other institutional investors own 98.44% of the company’s stock.

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.