Recent Analysts’ Ratings Updates for Meritage Homes (MTH)

Several analysts have recently updated their ratings and price targets for Meritage Homes (NYSE: MTH):

• 11/2/2026 – Meritage Homes was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 10/31/2026 – Meritage Homes was downgraded by Wall Street Zen from “hold” to “sell”.
• 10/30/2026 – Meritage Homes had its price target lowered by UBS Group from $88.00 to $85.00. They now have a “buy” rating on the stock.
• 10/30/2026 – Meritage Homes was downgraded by Wolfe Research from “strong-buy” to “hold”.
• 10/30/2026 – Meritage Homes had its price target lowered by Truist Financial from $72.00 to $65.00. They now have a “hold” rating on the stock.
• 10/12/2026 – Meritage Homes was given a new $82.00 price target by The Goldman Sachs Group. They now have a “buy” rating on the stock.
• 10/8/2026 – Meritage Homes was downgraded by Zacks Research from “hold” to “strong sell”.
• 10/6/2026 – Meritage Homes is now covered by Melius Research. They set a “sell” rating and a $59.00 price target on the stock.
• 9/25/2026 – Meritage Homes was given a new $65.00 price target by Evercore.
• 9/18/2026 – Meritage Homes was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 9/16/2026 – Meritage Homes was given a new $72.00 price target by Truist Financial. They now have a “hold” rating on the stock.

Meritage Homes Trading Down 0.4%

Meritage Homes stock traded down $0.26 during mid-day trading on Thursday, hitting $66.28. The company’s stock had a trading volume of 58,233 shares, compared to its average volume of 945,216. The business has a 50 day moving average price of $63.96 and a 200-day moving average price of $68.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.72 and a quick ratio of 1.72. Meritage Homes Corporation has a 12 month low of $56.66 and a 12 month high of $85.38. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 14.96, a price-to-earnings-growth ratio of 5.67 and a beta of 1.31.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings data on Wednesday, October 28th. The construction company reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.06). Meritage Homes had a net margin of 5.79% and a return on equity of 6.69%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business posted $1.39 earnings per share. The firm’s quarterly revenue was down 17.5% compared to the same quarter last year. As a group, analysts forecast that Meritage Homes Corporation will post 4.38 EPS for the current year.

Meritage Homes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.9%. The ex-dividend date was Tuesday, September 15th. Meritage Homes’s dividend payout ratio (DPR) is presently 43.34%.

Meritage Homes Corporation is a U.S. homebuilder that designs, builds and sells single-family homes. Its communities generally serve buyers seeking entry-level and move-up housing, with home designs, layouts and finishes offered in a range of options. Founded in 1985 and headquartered in Scottsdale, Arizona, the company operates in markets across the western and southern United States, including parts of the Southeast. Its homes incorporate energy-efficient features and building practices as part of the company’s focus on helping homeowners manage energy use.