Meritage Homes

MTH · NYSE

$60.23+$1.85 (+3.17%)TodayMarket closed ·
Prev close $58.38

About MTH

Meritage Homes Corp. engages in the design and construction of single-family attached and detached homes. The company is headquartered in Scottsdale, Arizona and currently employs 1,860 full-time employees. 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. The company 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.

Employees
1,860
Headquarters
Scottsdale, Arizona
Listed
Jul 21, 1988
Sector
Consumer Discretionary
Industry
Household Durables

MTH key statistics

Market cap
3.93B
Price-earnings ratio
12.16
Dividend yield
3.18%
Average volume
925.77K
Volume
782.80K
Open price
$59.33
High today
$60.35
Low today
$58.79
52 Week high
$85.38
52 Week low
$56.66

Meritage Homes (MTH) at a glance

Meritage Homes (MTH) last traded at $60.23, with a market cap of 3.93B, a price-to-earnings ratio of 12.16 and a dividend yield of 3.18%.

Today the stock has traded between $58.79 and $60.35. The current price is 2.5% above the day's low and 0.2% below its high.

Volume so far is 782.80K shares, in line with the average of 925.77K shares a day.

Over the past year Meritage Homes has ranged from $56.66 to $85.38, and now sits 12% of the way up that range.

Meritage Homes met or beat analyst EPS estimates in 3 of the last 8 quarters. In Q2 FY26 it reported $1.37 per share against an estimate of $1.31.

The average analyst price target is $83.77, 39.1% above the current price, from 10 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

30%of 10 analyst ratings say Buy
  • Buy30.0%
  • Hold60.0%
  • Sell10.0%
Price target · 11 analystsAvg $83.77
Low
$72.72
Now
$60.23
High
$97.65

MTH earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 3 of the last 8 quarters, by 4.9% on average.

  1. Q3 FY24: reported $2.67 per share against an estimate of $2.51
  2. Q4 FY24: reported $2.36 per share against an estimate of $2.51
  3. Q1 FY25: reported $1.69 per share against an estimate of $1.70
  4. Q2 FY25: reported $2.04 per share against an estimate of $1.98
  5. Q3 FY25: reported $1.39 per share against an estimate of $1.65
  6. Q4 FY25: reported $1.20 per share against an estimate of $1.55
  7. Q1 FY26: reported $0.82 per share against an estimate of $1.02
  8. Q2 FY26: reported $1.37 per share against an estimate of $1.31

MTH news

  • Press releaseBusiness Wire

    Frontdoor Names Finance and Real Estate Executive Hilla Sferruzza to Board of Directors

  • Press releaseBusiness Wire

    Dream Finders Homes Appoints Clint Szubinski as Chief Operating Officer

  • A Look Ahead: Meritage Homes's Earnings Forecast

  • Meritage Homes's Earnings: A Preview

  • Erica Kollmann

    Homebuilders 2025 Outlook: 'More Cautious, Less Constructive,' Analyst Says

  • Press releaseBusiness Wire

    Homebuilders to Expand into Hutto

  • Shanthi Rexaline

    NextEra CEO Talks Up Florida Property Market: A Sunshine State Ray Of Hope?

  • Press releasePRNewswire

    James Hardie Building Products Inc. Announces Exclusive Product Deal with Meritage Homes

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.