FY2025 EPS Estimates for Meritage Homes Co. Cut by Zacks Research (NYSE:MTH)

Meritage Homes Co. (NYSE:MTH) – Zacks Research lowered their FY2025 earnings per share estimates for shares of Meritage Homes in a research report issued on Tuesday, October 1st. Zacks Research analyst S. Mukherjee now forecasts that the construction company will post earnings per share of $20.90 for the year, down from their previous estimate of $20.93. The consensus estimate for Meritage Homes’ current full-year earnings is $21.09 per share. Zacks Research also issued estimates for Meritage Homes’ Q2 2026 earnings at $6.16 EPS and FY2026 earnings at $22.83 EPS.

Meritage Homes (NYSE:MTH) last issued its earnings results on Wednesday, July 24th. The construction company reported $6.31 EPS for the quarter, beating analysts’ consensus estimates of $5.17 by $1.14. Meritage Homes had a return on equity of 17.99% and a net margin of 12.98%. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the company posted $5.02 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year.

Other equities analysts have also issued reports about the company. Wolfe Research raised Meritage Homes from a “peer perform” rating to an “outperform” rating and set a $230.00 target price on the stock in a research report on Wednesday, August 14th. Keefe, Bruyette & Woods upped their target price on Meritage Homes from $195.00 to $210.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 30th. StockNews.com lowered Meritage Homes from a “buy” rating to a “hold” rating in a research report on Thursday, July 25th. Raymond James upped their target price on Meritage Homes from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Finally, Wedbush upped their target price on Meritage Homes from $148.00 to $160.00 and gave the stock an “underperform” rating in a research report on Friday, July 26th. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $208.00.

Meritage Homes Price Performance

Shares of NYSE:MTH opened at $198.04 on Friday. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.27. Meritage Homes has a twelve month low of $109.23 and a twelve month high of $213.98. The stock’s 50 day moving average is $194.64 and its 200-day moving average is $178.45. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 9.24 and a beta of 1.80.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MTH. UBS Group AG grew its stake in shares of Meritage Homes by 96.5% during the 4th quarter. UBS Group AG now owns 40,352 shares of the construction company’s stock worth $7,029,000 after acquiring an additional 19,813 shares during the period. Parallel Advisors LLC grew its stake in shares of Meritage Homes by 157.6% during the 4th quarter. Parallel Advisors LLC now owns 237 shares of the construction company’s stock worth $41,000 after acquiring an additional 145 shares during the period. Rafferty Asset Management LLC grew its stake in shares of Meritage Homes by 21.8% during the 4th quarter. Rafferty Asset Management LLC now owns 26,488 shares of the construction company’s stock worth $4,614,000 after acquiring an additional 4,747 shares during the period. Belpointe Asset Management LLC grew its stake in shares of Meritage Homes by 10.6% during the 4th quarter. Belpointe Asset Management LLC now owns 1,912 shares of the construction company’s stock worth $333,000 after acquiring an additional 183 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Meritage Homes by 5.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 523,332 shares of the construction company’s stock worth $91,164,000 after purchasing an additional 26,682 shares in the last quarter. Institutional investors own 98.44% of the company’s stock.

Insider Buying and Selling at Meritage Homes

In other Meritage Homes news, CEO Phillippe Lord sold 10,000 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $200.35, for a total value of $2,003,500.00. Following the completion of the transaction, the chief executive officer now owns 90,266 shares in the company, valued at $18,084,793.10. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Meritage Homes news, CEO Phillippe Lord sold 10,000 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $200.35, for a total value of $2,003,500.00. Following the completion of the transaction, the chief executive officer now owns 90,266 shares in the company, valued at $18,084,793.10. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Hilla Sferruzza sold 2,500 shares of the company’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $205.00, for a total value of $512,500.00. Following the completion of the transaction, the chief financial officer now owns 44,570 shares of the company’s stock, valued at $9,136,850. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,500 shares of company stock worth $3,111,080 in the last quarter. 2.00% of the stock is currently owned by company insiders.

Meritage Homes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a dividend of $0.75 per share. The ex-dividend date was Monday, September 16th. This represents a $3.00 annualized dividend and a yield of 1.51%. Meritage Homes’s dividend payout ratio (DPR) is currently 13.99%.

Meritage Homes Company Profile

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.