Meritage Homes Q4 EPS Increased by Keefe, Bruyette & Woods

Meritage Homes Corporation (NYSE:MTH) – Stock analysts at Keefe, Bruyette & Woods increased their Q4 2026 earnings per share (EPS) estimates for shares of Meritage Homes in a research report issued to clients and investors on Monday, August 3rd. Keefe, Bruyette & Woods analyst J. Rahmani now forecasts that the construction company will earn $1.64 per share for the quarter, up from their previous forecast of $1.59. The consensus estimate for Meritage Homes’ current full-year earnings is $5.00 per share.

Several other research analysts also recently commented on MTH. Zelman & Associates downgraded shares of Meritage Homes from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 7th. JPMorgan Chase & Co. dropped their price target on shares of Meritage Homes from $62.00 to $58.00 and set a “neutral” rating for the company in a research report on Tuesday, April 28th. Zacks Research raised shares of Meritage Homes from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Bank of America decreased their price objective on shares of Meritage Homes from $74.00 to $72.00 and set a “neutral” rating on the stock in a research report on Monday, April 20th. Finally, Wall Street Zen raised shares of Meritage Homes from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $79.25.

Meritage Homes Stock Performance

NYSE:MTH opened at $74.61 on Wednesday. The firm has a market cap of $4.86 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 5.34 and a beta of 1.36. Meritage Homes has a fifty-two week low of $58.03 and a fifty-two week high of $85.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.96 and a current ratio of 1.97. The business has a 50 day moving average price of $74.11 and a 200-day moving average price of $70.42.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. Meritage Homes had a return on equity of 7.13% and a net margin of 6.11%.The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the firm earned $2.04 EPS. The business’s quarterly revenue was down 14.1% on a year-over-year basis.

Institutional Trading of Meritage Homes

Large investors have recently bought and sold shares of the company. Salomon & Ludwin LLC grew its holdings in shares of Meritage Homes by 63.9% during the 4th quarter. Salomon & Ludwin LLC now owns 372 shares of the construction company’s stock worth $25,000 after acquiring an additional 145 shares during the period. Essential Partners LLC lifted its stake in shares of Meritage Homes by 163.8% in the 1st quarter. Essential Partners LLC now owns 401 shares of the construction company’s stock valued at $25,000 after purchasing an additional 249 shares during the period. Larson Financial Group LLC boosted its position in shares of Meritage Homes by 265.5% during the third quarter. Larson Financial Group LLC now owns 402 shares of the construction company’s stock valued at $29,000 after purchasing an additional 292 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in shares of Meritage Homes during the fourth quarter valued at approximately $39,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Meritage Homes by 194.9% during the second quarter. EverSource Wealth Advisors LLC now owns 699 shares of the construction company’s stock valued at $47,000 after purchasing an additional 462 shares in the last quarter. 98.44% of the stock is owned by institutional investors.

Insider Activity

In related news, CAO Alison Sasser sold 1,273 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $62.11, for a total value of $79,066.03. Following the completion of the transaction, the chief accounting officer directly owned 7,634 shares of the company’s stock, valued at $474,147.74. This represents a 14.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.50% of the stock is owned by corporate insiders.

Meritage Homes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a dividend of $0.48 per share. The ex-dividend date was Tuesday, June 16th. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. Meritage Homes’s payout ratio is currently 40.17%.

About Meritage Homes

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.