Meritage Homes (MTH) Stock Price

Meritage Homes Price

NYSE·CLOSED
72.26USD-2.74 (-3.72 %)
Market closed

Revenue has compounded at 2.8% per year over the past 19 years to 5.86 B USD. Earnings per share have grown at 2.2% per year over the last 19 years. Meritage Homes's net margin stands at 7.7%, down from 14.3% several years earlier. Meritage Homes currently offers a dividend yield of about 2.38%. The payout ratio is around 27% of earnings. The dividend has grown at 26.2% per year over the past 2 years. Analysts set a median price target of 84.15 USD, implying 16.5% above the current price. Of 16 analysts, 7 rate the stock a buy — an overall Hold consensus. The stock trades about 23% above its 52-week low.

Meritage Homes stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Meritage Homes over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Meritage Homes stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Meritage Homes's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Meritage Homes Stock Price History
DateMeritage Homes Price
8/6/202672.26 USD
8/5/202675.00 USD
8/4/202673.86 USD
8/3/202672.30 USD
7/31/202670.20 USD
7/30/202670.81 USD
7/29/202672.21 USD
7/27/202673.36 USD
7/23/202671.58 USD
7/22/202672.27 USD
7/21/202671.66 USD
7/20/202671.18 USD
7/17/202674.17 USD
7/16/202677.44 USD
7/15/202675.17 USD
7/14/202673.72 USD
7/13/202674.19 USD
7/10/202675.50 USD
7/9/202674.91 USD
7/8/202676.73 USD
7/7/202678.31 USD
7/6/202679.71 USD
7/2/202681.86 USD
7/1/202681.55 USD
6/30/202683.85 USD
6/29/202683.55 USD
6/26/202685.18 USD
6/25/202683.34 USD
6/24/202682.39 USD
6/23/202675.60 USD
6/22/202675.91 USD
6/18/202675.78 USD
6/17/202675.77 USD
6/16/202673.67 USD
6/15/202674.59 USD
6/12/202674.48 USD
6/11/202671.47 USD
6/10/202671.07 USD
6/9/202672.09 USD
6/8/202668.24 USD
6/5/202669.10 USD
6/4/202667.61 USD
6/3/202667.55 USD
6/2/202668.52 USD
6/1/202668.44 USD
5/29/202665.94 USD
5/28/202665.72 USD
5/27/202666.66 USD
5/26/202663.89 USD
5/22/202663.42 USD
5/21/202662.62 USD
5/20/202662.85 USD
5/19/202660.87 USD
5/18/202661.21 USD
5/15/202659.17 USD
5/14/202661.85 USD
5/13/202661.53 USD
5/12/202662.48 USD
5/11/202663.79 USD
5/8/202665.16 USD
5/7/202664.44 USD
5/6/202664.86 USD
5/5/202664.12 USD
5/4/202663.05 USD
5/1/202666.34 USD
4/30/202667.34 USD
4/29/202667.02 USD
4/28/202669.37 USD
4/27/202669.73 USD
4/24/202669.07 USD
4/23/202669.90 USD
4/22/202668.71 USD
4/21/202669.49 USD
4/20/202669.43 USD
4/17/202668.07 USD
4/16/202664.32 USD
4/15/202665.03 USD
4/14/202666.64 USD
4/13/202666.40 USD
4/10/202666.55 USD
4/9/202666.69 USD
4/8/202665.05 USD
4/7/202661.08 USD
4/6/202663.08 USD
4/2/202662.16 USD
4/1/202662.11 USD
3/31/202661.84 USD
3/30/202660.07 USD
3/27/202660.33 USD
3/26/202660.54 USD
3/25/202661.59 USD
3/24/202660.95 USD
3/23/202661.34 USD
3/20/202658.76 USD
3/19/202660.20 USD
3/18/202660.20 USD
3/17/202664.18 USD
3/16/202664.13 USD
3/13/202663.08 USD
3/12/202662.78 USD
3/11/202665.23 USD
3/10/202667.13 USD
3/9/202668.03 USD
3/6/202667.69 USD
3/5/202668.94 USD
3/4/202671.44 USD
3/3/202672.08 USD
3/2/202672.69 USD
2/27/202675.42 USD
2/26/202675.44 USD
2/25/202674.58 USD
2/24/202677.48 USD
2/23/202676.80 USD
2/20/202677.83 USD
2/19/202677.81 USD
2/18/202679.00 USD
2/17/202680.15 USD
2/13/202680.82 USD
2/12/202676.81 USD
2/11/202678.05 USD
2/10/202678.51 USD
2/9/202675.46 USD
2/6/202675.91 USD
2/5/202675.49 USD
2/4/202675.42 USD
2/3/202672.77 USD
2/2/202670.19 USD
1/30/202669.51 USD
1/29/202669.96 USD
1/28/202667.13 USD
1/27/202669.57 USD
1/26/202671.70 USD
1/23/202672.00 USD
1/22/202674.55 USD
1/21/202676.10 USD
1/20/202674.66 USD
1/16/202676.15 USD
1/15/202678.25 USD
1/14/202677.08 USD
1/13/202678.64 USD
1/12/202676.01 USD
1/9/202675.45 USD
1/8/202668.36 USD
1/7/202666.20 USD
1/6/202667.37 USD
1/5/202666.87 USD
1/2/202666.23 USD
12/31/202565.80 USD
12/30/202566.39 USD
12/29/202566.41 USD
12/26/202566.80 USD
12/24/202566.56 USD
12/23/202565.87 USD
12/22/202565.55 USD
12/19/202566.58 USD
12/18/202568.27 USD
12/17/202568.29 USD
12/16/202569.78 USD
12/15/202571.10 USD
12/12/202571.96 USD
12/11/202572.57 USD
12/10/202572.12 USD
12/9/202569.75 USD
12/8/202570.64 USD
12/5/202572.23 USD
12/4/202572.53 USD
12/3/202574.66 USD
12/2/202573.16 USD
12/1/202572.96 USD
11/28/202573.08 USD
11/26/202573.92 USD
11/25/202573.05 USD
11/24/202570.08 USD
11/21/202570.29 USD
11/20/202565.87 USD
11/19/202565.71 USD
11/18/202565.68 USD
11/17/202564.56 USD
11/14/202566.74 USD
11/13/202566.48 USD
11/12/202567.82 USD
11/11/202568.88 USD
11/10/202567.05 USD
11/7/202567.00 USD
11/6/202565.43 USD
11/5/202566.40 USD
11/4/202565.31 USD
11/3/202565.77 USD
10/31/202567.56 USD
10/30/202567.48 USD
10/29/202567.50 USD
10/28/202565.80 USD
10/27/202571.41 USD
10/24/202571.43 USD
10/23/202571.66 USD
10/22/202570.67 USD
10/21/202571.39 USD
10/20/202570.47 USD
10/17/202570.17 USD
10/16/202569.79 USD
10/15/202569.62 USD
10/14/202569.44 USD
10/13/202566.79 USD
10/10/202566.83 USD
10/9/202567.91 USD
10/8/202568.80 USD
10/7/202568.79 USD
10/6/202572.19 USD
10/3/202574.89 USD
10/2/202573.71 USD
10/1/202573.52 USD
9/30/202572.43 USD
9/29/202572.43 USD
9/28/202572.74 USD
9/25/202572.35 USD
9/24/202571.39 USD
9/23/202573.00 USD
9/22/202573.20 USD
9/19/202575.46 USD
9/18/202578.14 USD
9/17/202575.46 USD
9/16/202575.05 USD
9/15/202577.18 USD
9/12/202579.48 USD
9/11/202581.06 USD
9/10/202578.57 USD
9/9/202579.09 USD
9/8/202582.14 USD
9/5/202582.73 USD
9/4/202581.50 USD
9/3/202576.78 USD
9/2/202576.28 USD
8/29/202577.22 USD
8/28/202577.82 USD
8/27/202577.86 USD
8/26/202577.18 USD
8/25/202578.30 USD
8/22/202581.26 USD
8/21/202574.89 USD
8/20/202574.99 USD
8/19/202577.25 USD
8/18/202577.23 USD
8/15/202578.56 USD
8/14/202577.00 USD
8/13/202578.09 USD
8/12/202574.51 USD
8/11/202571.65 USD
Access this data via the Eulerpool API

Meritage Homes Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
5.14 B USD
970.58 M USD
737.44 M USD
Jan 1, 2022
6.29 B USD
1.29 B USD
992.19 M USD
Jan 1, 2023
6.11 B USD
1.27 B USD
738.75 M USD
Jan 1, 2024
6.40 B USD
958.35 M USD
786.19 M USD
Jan 1, 2025
5.86 B USD
584.60 M USD
453.01 M USD
Jan 1, 2026 (e)
5.47 B USD
877.05 M USD
354.99 M USD
Jan 1, 2027 (e)
5.94 B USD
952.37 M USD
452.51 M USD
Jan 1, 2028 (e)
6.37 B USD
1.02 B USD
562.37 M USD

Meritage Homes Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 9, 2026, 6:52 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
1.822.182.583.043.243.533.674.505.146.296.116.405.865.475.946.37
52.4319.7318.3617.916.548.893.9122.7814.2222.39-2.844.61-8.41-6.668.607.21
22.6921.6619.9318.2818.3618.6819.2922.2227.9528.6424.5724.9919.6919.6919.6919.69
0.410.470.510.560.600.660.711.001.441.801.501.601.151.081.171.25
0.200.210.210.220.250.280.310.550.971.291.270.960.580.880.951.02
10.719.688.267.177.697.918.5712.2918.8720.4420.7814.989.9716.0416.0416.04
124.00142.00128.00149.00143.00227.00249.00423.00737.00992.00738.00786.00453.00354.00452.00562.00
18.1014.52-9.8616.41-4.0358.749.6969.8874.2334.60-25.606.50-42.37-21.8527.6824.34
1.083.001.721.922.302.76
177.78-42.6711.6319.7920.00
77.8141.7042.2142.6741.0739.5839.1438.4175.9974.0273.8973.3369.8069.8069.8069.80
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Meritage Homes generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Meritage Homes retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Meritage Homes's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Meritage Homes has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Meritage Homes's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Meritage Homes stock margins

The Meritage Homes margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Meritage Homes. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Meritage Homes.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
27.96 %
18.88 %
14.34 %
Jan 1, 2022
28.65 %
20.45 %
15.77 %
Jan 1, 2023
24.57 %
20.78 %
12.08 %
Jan 1, 2024
24.99 %
14.99 %
12.29 %
Jan 1, 2025
19.69 %
9.98 %
7.73 %
Jan 1, 2026 (e)
19.69 %
16.04 %
6.49 %
Jan 1, 2027 (e)
19.69 %
16.04 %
7.62 %
Jan 1, 2028 (e)
19.69 %
16.04 %
8.83 %

Meritage Homes Stock Revenue, EBIT, Earnings per Share

The Meritage Homes earnings per share therefore indicates how much revenue Meritage Homes has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
67.66 USD
12.77 USD
9.70 USD
Jan 1, 2022
85.01 USD
17.38 USD
13.40 USD
Jan 1, 2023
82.73 USD
17.19 USD
10.00 USD
Jan 1, 2024
87.21 USD
13.07 USD
10.72 USD
Jan 1, 2025
83.92 USD
8.38 USD
6.49 USD
Jan 1, 2026 (e)
76.64 USD
12.57 USD
4.98 USD
Jan 1, 2027 (e)
83.22 USD
13.64 USD
6.34 USD
Jan 1, 2028 (e)
89.22 USD
14.63 USD
7.88 USD

Meritage Homes business model & stock analysis

Meritage Homes Corporation is an American company specializing in the construction of single-family and multi-family homes. The company was founded in 1985 by CEO Steven J. Hilton. Its headquarters are located in Scottsdale, Arizona. Meritage Homes operates in various regions across the United States, including California, Texas, Florida, North Carolina, Georgia, and Arizona. The company offers a range of homes, from affordable entry-level models to luxurious custom homes. Meritage Homes' business model is based on the idea of building affordable homes that are resource and energy-efficient. The company utilizes innovative technologies and building materials to maximize the energy efficiency of its homes and reduce residents' monthly energy costs. Meritage Homes also specializes in building LEED-certified homes that meet the strict requirements of the US Green Building Council. The different divisions served by Meritage Homes include the construction of single-family and multi-family homes, as well as land development. The company also provides mortgage and insurance services to offer its customers a comprehensive package of services. Meritage Homes offers a wide range of products catering to the diverse needs of its customers. These products include entry-level models targeting customers with limited budgets, as well as upscale residences targeting customers seeking luxury and comfort. The company also has a line of green homes that help customers minimize their environmental impact while saving money. Meritage Homes is also well-known for its customer service and commitment to customer satisfaction. The company relies on highly qualified staff and modern technologies to provide its customers with a seamless and convenient experience when searching for and purchasing a home. The company employs a strong marketing campaign to promote its products and services. It utilizes both traditional and digital marketing methods to engage with potential customers and promote its offerings. Overall, since its establishment in 1985, Meritage Homes has built a strong presence in the American construction industry. The company has established itself as a leader in the construction of energy-efficient and environmentally friendly homes and continues to prioritize innovation and customer satisfaction to solidify its position in the market.

Meritage Homes SWOT Analysis

Strengths

1. Established Market Presence: Meritage Homes Corp has a solid reputation and strong market presence in the homebuilding industry, which helps position the company as a reliable and trustworthy brand.

2. Diverse Geographical Presence: The company operates in multiple regions, allowing it to tap into different markets and mitigate risks associated with economic downturns in specific areas.

3. Innovation and Energy Efficiency: Meritage Homes Corp is known for its innovative designs and commitment to energy efficiency, which not only attracts environmentally conscious buyers but also helps reduce costs in the long run.

Weaknesses

1. Vulnerability to Economic Conditions: The company's success is closely tied to the overall health of the economy, making it vulnerable to downturns and fluctuations in the housing market.

2. Limited Global Presence: As of now, Meritage Homes Corp primarily operates within the United States, which restricts its opportunities for growth in international markets.

3. Dependence on External Suppliers: The company relies on external suppliers for materials, and any disruptions or price fluctuations in the supply chain could negatively impact production and profitability.

Opportunities

1. Growing Demand for Sustainable Homes: The increasing trend towards sustainability presents an opportunity for Meritage Homes Corp to capitalize on the growing demand for energy-efficient and eco-friendly housing solutions.

2. Expansion into New Markets: The company can explore untapped markets, both domestically and internationally, to expand its customer base and generate additional revenue streams.

3. Technology Adoption: Embracing advanced technologies such as smart home features and virtual reality tours can enhance the homebuying experience and differentiate Meritage Homes Corp from competitors.

Threats

1. Intense Competition: The homebuilding industry is highly competitive, with numerous players vying for market share. Meritage Homes Corp faces the risk of losing customers to competitors offering similar products or services.

2. Regulatory and Environmental Factors: Changes in government regulations, zoning laws, or environmental policies may impact the company's operations and increase compliance costs.

3. Economic Uncertainty: Economic downturns, interest rate fluctuations, or changes in consumer spending patterns can significantly impact the demand for new homes, posing a threat to Meritage Homes Corp's sales and revenue.

Meritage Homes Employees

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  • Max

Meritage Homes Employees
Details
Date
Meritage Homes Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Meritage Homes Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Meritage Homes historical P/E ratio, EBIT multiple, and P/S ratio

Meritage Homes annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Meritage Homes shares outstanding

The number of shares of Meritage Homes was 69.8 M in 2025. This indicates how many shares Meritage Homes is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
75.99 M Stocks
Jan 1, 2022
74.02 M Stocks
Jan 1, 2023
73.89 M Stocks
Jan 1, 2024
73.33 M Stocks
Jan 1, 2025
69.80 M Stocks
Jan 1, 2026 (e)
69.80 M Stocks
Jan 1, 2027 (e)
69.80 M Stocks
Jan 1, 2028 (e)
69.80 M Stocks

Meritage Homes stock splits

In Meritage Homes's history, there have been no stock splits.

Meritage Homes Dividend History

10 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.48USDYTD
Mar 17, 20260.48USD 11.6%1/1
20251.72USD 42.7%
Mar 17, 20250.43USD 42.7%1/4
Jun 16, 20250.43USD 0.0%2/4
Sep 16, 20250.43USD 0.0%3/4
Dec 17, 20250.43USD 0.0%4/4
20243.00USD 177.8%
20231.08USD 5,300.0%
19960.02USD 0.0%
19940.02USD 33.3%
19930.03USD 92.5%
19920.40USD 69.2%
19911.30USD 160.0%
19890.50USD

Meritage Homes dividend history and estimates

In 2025, Meritage Homes paid a dividend amounting to 1.72 USD. Dividend means that Meritage Homes distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2023
1.08 USD
0.00 USD
Jan 1, 2024
3.00 USD
0.00 USD
Jan 1, 2025
1.72 USD
0.00 USD
Jan 1, 2026 (e)
0.48 USD
1.44 USD
Jan 1, 2027 (e)
0.00 USD
2.30 USD
Jan 1, 2028 (e)
0.00 USD
2.76 USD

Meritage Homes dividend payout ratio

In 2025, Meritage Homes had a payout ratio of 26.50%. The payout ratio indicates the percentage of the company's profits that Meritage Homes distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
15.30 %
Jan 1, 2022
15.30 %
Jan 1, 2023
5.40 %
Jan 1, 2024
13.99 %
Jan 1, 2025
26.50 %
Jan 1, 2026 (e)
38.59 %
Jan 1, 2027 (e)
36.33 %
Jan 1, 2028 (e)
35.08 %

Current Meritage Homes forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
7.14 %
Buy
43.75 % (7)
Hold
56.25 % (9)
Sell
0.00 % (0)
12M Price Target
84.15
Last Price
74.59
Currency
USD
12M Return Potential
12.82 %
LTM Return
0 %

Meritage Homes Analyst Rating Actions

DateFirmActionRatingReliability
7/31/2026
UBS
UBS
MaintainedBuy51
7/10/2026
Goldman Sachs
Goldman Sachs
MaintainedBuy
7/7/2026
Zelman & Assoc
Zelman & Assoc
DowngradeOutperformNeutral
4/28/2026
JP Morgan
JP Morgan
MaintainedNeutral80
4/24/2026
UBS
UBS
MaintainedBuy51
4/20/2026
B of A Securities
B of A Securities
MaintainedNeutral70
4/16/2026
Truist Securities
Truist Securities
MaintainedBuy
4/13/2026
Evercore ISI Group
Evercore ISI Group
MaintainedIn Line62
2/3/2026
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
MaintainedMarket Perform
1/23/2026
UBS
UBS
MaintainedBuy51

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Meritage Homes Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/29/20261.32USD-1.44 BUSD-2026 Q2
4/22/20261.06USD-1.22 BUSD-2026 Q1
1/28/20261.57USD-1.51 BUSD-2025 Q4
4/24/20243.38USD-1.23 BUSD-2024 Q1
1/30/20245.20USD-1.54 BUSD-2023 Q4
7/25/20233.39USD-1.15 BUSD-2023 Q2
4/25/20232.90USD-1.04 BUSD-2023 Q1
1/24/20237.11USD-2.01 BUSD-2022 Q4
10/26/20226.51USD-1.70 BUSD-2022 Q3
7/27/20225.93USD-1.43 BUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Meritage Homes stock

71/100
50
Environment
99
Social
64
Governance
E

Environment

20
Scope 1 - Direct Emissions201
Scope 2 - Indirect emissions from purchased energy5,490
Scope 3 - Indirect emissions within the value chain3,264,560
Total CO₂ emissions5,691
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees60
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Meritage Homes shareholder structure

% Name
16.43292%
BLACKROCK, INC.
BLACKROCK, INC.
14.46845%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
10.76630%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.56068%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
5.02894%
FMR LLC
FMR LLC
4.94616%
State Street Investment Management (US)
State Street Investment Management (US)
...

Meritage Homes Beneficial Ownership Filings (SEC 13D/G)

Free Float
96.9%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
40.00%
Baron Capital Group, Inc.
Baron Capital Group, Inc.
SEC ↗
24.20%
Southeastern Asset Management, Inc.
Southeastern Asset Management, Inc.
SEC ↗
21.70%
Mitsubishi UFJ Financial Group, Inc.
Mitsubishi UFJ Financial Group, Inc.
SEC ↗
18.10%
(1)Names of reporting persons. BlackRock, Inc.
(1)Names of reporting persons. BlackRock, Inc.
SEC ↗
18.10%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
15.10%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
13.50%
Franklin Resources, Inc.
Franklin Resources, Inc.
SEC ↗
11.24%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
11.00%
Sanders Capital, LLC
Sanders Capital, LLC
SEC ↗
9.91%
LMM LLC
LMM LLC
SEC ↗

Meritage Homes Executives and Management Board

16 members · avg. age 58 · 44 % women

PL

Mr. Phillippe Lord (51)

Chief Executive Officer, Director · since 2015

11.97 M USD

Management

HS

Ms. Hilla Sferruzza (48)

Chief Financial Officer, Executive Vice President

5.25 M USD
MC

Ms. Malissia Clinton (56)

Executive Vice President, General Counsel, Secretary

2.57 M USD
JF

Mr. Javier Feliciano (51)

Chief People Officer, Executive Vice President

2.12 M USD
ET

Ms. Emily Tadano

Vice President of Investor Relations and External Communications · since 2025

Board of Directors

SH

Mr. Steven Hilton (63)

Executive Chairman of the Board · since 1997

3.02 M USD
PA

Mr. Peter Ax (65)

Lead Independent Director

359,770.00 USD
DH

Ms. Deborah Henretta (63)

Independent Director

312,270.00 USD
MO

Mr. Michael Odell (61)

Independent Director

309,770.00 USD
DB

Mr. Dana Bradford (60)

Independent Director

299,770.00 USD
PM

Ms. P. Kelly Mooney (61)

Independent Director

299,770.00 USD

Frequently asked questions about Meritage Homes

The business model of Meritage Homes Corp is focused on building and selling energy-efficient homes. With a commitment to sustainability and innovation, Meritage Homes Corp constructs homes that not only provide comfort and value to customers but also reduce carbon footprint. By integrating energy-saving features, such as smart home technology, solar panels, and efficient appliances, the company aims to provide environmentally friendly and cost-effective living options. Meritage Homes Corp's business model revolves around creating quality, sustainable homes that meet the needs of homebuyers, while minimizing the environmental impact.

Meritage Homes Corp is primarily active in the residential construction industry. They specialize in building and selling single-family homes ranging from entry-level to luxury properties. With a focus on energy-efficient and sustainable design, Meritage Homes Corp has established itself as a leading player in the homebuilding sector.

Some of the main competitors of Meritage Homes Corp in the market include D.R. Horton Inc., Lennar Corporation, PulteGroup Inc., and KB Home.

Meritage Homes Corp is a renowned residential construction company based in the United States. Established in 1985, Meritage Homes has become one of the leading homebuilders in the nation. The company specializes in building single-family homes that are energy-efficient, technologically advanced, and designed to meet the diverse needs of customers. With a strong focus on innovation, sustainability, and customer satisfaction, Meritage Homes has earned a reputation for delivering high-quality homes. Over the years, the company has expanded its operations across multiple states, offering a wide range of home styles and sizes. Meritage Homes Corp continues to be a trusted name in the housing industry, inspiring homeownership through their exceptional craftsmanship and commitment to excellence.

Some significant milestones achieved by Meritage Homes Corp include becoming a leading U.S. homebuilder, operating in multiple states across the country. The company has built thousands of homes, focusing on energy efficiency and advanced building technologies. Meritage Homes Corp has been recognized for its commitment to sustainability and has received numerous awards for its environmentally friendly practices. The company has also been listed on the New York Stock Exchange under the ticker symbol MTH. With a strong track record of delivering quality homes and a focus on customer satisfaction, Meritage Homes Corp continues to excel in the real estate industry.

Meritage Homes Corp primarily operates in the United States.

Meritage Homes Corp represents a strong set of values and corporate philosophy. The company is committed to providing high-quality, energy-efficient homes that exceed customer expectations. Meritage Homes values integrity, transparency, and accountability in all its business practices. With a focus on innovation and sustainability, the company strives to create homes that are not only comfortable and beautiful but also environmentally friendly. Meritage Homes Corp emphasizes a customer-centric approach, valuing the needs and preferences of their clients. Through their dedication to excellence and passion for homebuilding, Meritage Homes Corp aims to deliver lasting value and exceptional experiences to homeowners.

Analysts currently set an average price target of 83.67 USD for the Meritage Homes stock (median: 84.15 USD), implying +12.2 % versus the latest price. The consensus is based on 16 analyst ratings.

15 analysts currently rate the Meritage Homes stock: 7 recommend buying, 8 holding and 0 selling. For 2026, analysts expect Meritage Homes to generate revenue of 5.47 B USD and earnings per share of 5.09 USD.

Converted at the current exchange rate, the Meritage Homes share trades at 62.57 EUR (72.26 USD).

The Meritage Homes share (MTH) is listed on 5 stock exchanges, including: NYSE (MTH), Frankfurt (MEY.F), München (MEY.MU), Düsseldorf (MEY.DU), SIX (Zürich) (MEY.SW).

The Meritage Homes Corp is a leading American home builder operating in 7 states. The company offers a wide range of affordable single-family and multi-family homes targeting various markets and demographics. Translation: Meritage Homes Corp is a prominent American home building company that operates in 7 states. It offers a variety of affordable single-family and multi-family homes designed for different markets and target audiences. The business model of Meritage Homes is based on creating value-for-money properties tailored to the needs and desires of customers. The company has an experienced team of architects, engineers, and project managers that incorporate innovative designs and cutting-edge trends into its offerings. Translation: Meritage Homes' business model is centered around a differentiation strategy. The company sets itself apart from competitors by integrating energy-efficient designs and technologies that lower the operating costs and increase the value of its properties. Meritage offers a wide range of properties in different price ranges tailored to diverse needs. The company provides affordable "starter homes" for first-time buyers, custom properties for discerning buyers, as well as multi-family homes and townhomes. Translation: As part of its differentiated strategy, Meritage Homes also operates a financial services division that offers various financing options for its customers. It provides customers with the opportunity to pay the purchase price in different installments to make homeownership more affordable. Meritage Homes also strives for a strong presence in sustainability initiatives and provides its customers with an environmentally conscious housing alternative. The energy-saving features integrated into each home include technologies such as energy-efficient lighting systems, energy-saving windows and doors, solar panels, and more. These features are not only energy-efficient but also make for a good investment as they increase the resale value of the properties. Translation: Meritage Homes' business model is not only differentiated but also highly customer-oriented. The company offers its customers a 10-year warranty on its properties and provides them with all the information they need to make an informed decision. It also offers customers a comprehensive online platform where they can choose properties, manage their finances, and stay informed about the latest developments. Overall, Meritage Homes' business model offers its customers a wide range of residential properties at affordable prices. It also provides environmentally conscious and sustainable options to increase the resale value of its properties. With a differentiation strategy, customer-oriented services, and a variety of financing options, Meritage Homes is well-positioned to continue growing and expanding in this market.

The expected revenue of Meritage Homes is 5.47 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Meritage Homes is 354.99 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Meritage Homes is currently 14.21. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Meritage Homes stock.

The price-to-sales ratio (P/S) of Meritage Homes is currently 0.92. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Meritage Homes stock.

The Eulerpool Quality Score for Meritage Homes is 5/10.

The ISIN of Meritage Homes is US59001A1025. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Meritage Homes is 876864. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Meritage Homes is MTH. The ticker symbol is used to trade Meritage Homes shares on the stock exchange.

Over the past 12 months, Meritage Homes paid a dividend of 1.72 USD . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Meritage Homes is expected to pay a dividend of 2.30 USD.

The current dividend yield of Meritage Homes is 2.38 %.

Meritage Homes pays a dividend, distributed in the months of , , , .

Meritage Homes paid dividends every year for the past 3 years.

For the upcoming 12 months, dividends amounting to 2.30 USD are expected. This corresponds to a dividend yield of 3.19 %.

Meritage Homes is assigned to the 'Cyclical consumption' sector.

To receive the latest dividend of Meritage Homes from amounting to 0.48 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Meritage Homes distributed 1.5 USD as dividends.

The dividends of Meritage Homes are distributed in USD.

All fundamentals and in-depth analysis of Meritage Homes

Our stock analysis for Meritage Homes stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Meritage Homes. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.