Meritage Homes Q1 EPS Estimate Decreased by Zacks Research

Meritage Homes Corporation (NYSE:MTH) – Investment analysts at Zacks Research decreased their Q1 2026 earnings estimates for Meritage Homes in a report issued on Tuesday, November 11th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $1.29 per share for the quarter, down from their previous estimate of $1.41. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Zacks Research also issued estimates for Meritage Homes’ Q2 2026 earnings at $1.86 EPS and Q1 2027 earnings at $1.50 EPS.

Meritage Homes (NYSE:MTH) last issued its quarterly earnings data on Tuesday, October 28th. The construction company reported $1.39 EPS for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.32). Meritage Homes had a return on equity of 10.37% and a net margin of 8.96%.The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same period in the previous year, the business earned $5.34 earnings per share. The business’s quarterly revenue was down 11.8% on a year-over-year basis. Meritage Homes has set its Q4 2025 guidance at 1.510-1.700 EPS.

MTH has been the subject of a number of other research reports. Keefe, Bruyette & Woods dropped their target price on Meritage Homes from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, July 28th. Weiss Ratings restated a “hold (c+)” rating on shares of Meritage Homes in a research report on Wednesday, October 8th. Evercore ISI cut their price objective on shares of Meritage Homes from $82.00 to $78.00 and set an “in-line” rating on the stock in a research report on Thursday, October 30th. UBS Group set a $101.00 target price on shares of Meritage Homes and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Zelman & Associates raised shares of Meritage Homes to a “strong-buy” rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Meritage Homes presently has a consensus rating of “Hold” and a consensus target price of $84.71.

Meritage Homes Stock Up 2.6%

Shares of NYSE:MTH opened at $68.77 on Wednesday. The company has a 50-day moving average price of $72.16 and a 200 day moving average price of $70.58. The company has a current ratio of 1.95, a quick ratio of 2.16 and a debt-to-equity ratio of 0.35. Meritage Homes has a 12 month low of $59.27 and a 12 month high of $98.74. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 6.99 and a beta of 1.35.

Institutional Trading of Meritage Homes

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Meritage Homes by 96.3% in the 1st quarter. Vanguard Group Inc. now owns 7,999,889 shares of the construction company’s stock worth $567,032,000 after purchasing an additional 3,925,148 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Meritage Homes by 93.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,926,900 shares of the construction company’s stock worth $207,456,000 after buying an additional 1,417,024 shares during the period. Norges Bank bought a new stake in Meritage Homes during the 2nd quarter valued at $75,148,000. Long Pond Capital LP increased its holdings in shares of Meritage Homes by 592.7% in the 1st quarter. Long Pond Capital LP now owns 1,125,995 shares of the construction company’s stock valued at $79,811,000 after acquiring an additional 963,438 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Meritage Homes by 278.1% in the 1st quarter. Wellington Management Group LLP now owns 1,071,802 shares of the construction company’s stock worth $75,969,000 after acquiring an additional 788,323 shares in the last quarter. 98.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Meritage Homes

In other news, CEO Phillippe Lord sold 6,950 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $80.01, for a total transaction of $556,069.50. Following the transaction, the chief executive officer owned 221,320 shares of the company’s stock, valued at approximately $17,707,813.20. This represents a 3.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.20% of the company’s stock.

Meritage Homes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.72 dividend on an annualized basis and a yield of 2.5%. Meritage Homes’s payout ratio is 17.48%.

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.