Brokers Issue Forecasts for Meritage Homes Q3 Earnings

Meritage Homes Co. (NYSE:MTH) – Investment analysts at Keefe, Bruyette & Woods reduced their Q3 2025 earnings estimates for Meritage Homes in a research report issued to clients and investors on Wednesday, February 5th. Keefe, Bruyette & Woods analyst J. Rahmani now expects that the construction company will post earnings per share of $2.65 for the quarter, down from their prior estimate of $2.88. Keefe, Bruyette & Woods currently has a “Market Perform” rating and a $90.00 price target on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $10.02 per share. Keefe, Bruyette & Woods also issued estimates for Meritage Homes’ FY2026 earnings at $10.81 EPS.

MTH has been the subject of a number of other reports. StockNews.com downgraded Meritage Homes from a “hold” rating to a “sell” rating in a research report on Saturday, January 11th. Wedbush restated a “neutral” rating and issued a $103.00 target price on shares of Meritage Homes in a report on Tuesday, February 4th. Raymond James downgraded shares of Meritage Homes from an “outperform” rating to a “market perform” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $98.50 price objective (down previously from $110.00) on shares of Meritage Homes in a research note on Friday, December 13th. Finally, The Goldman Sachs Group cut their target price on Meritage Homes from $117.50 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $106.25.

Meritage Homes Stock Performance

MTH opened at $75.16 on Monday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.75 and a current ratio of 1.61. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of 5.75 and a beta of 1.88. The company has a fifty day moving average of $82.98 and a 200 day moving average of $91.29. Meritage Homes has a fifty-two week low of $73.05 and a fifty-two week high of $106.99.

Meritage Homes (NYSE:MTH) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.55 by $0.17. Meritage Homes had a return on equity of 15.90% and a net margin of 12.29%.

Institutional Trading of Meritage Homes

Several institutional investors and hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. lifted its position in shares of Meritage Homes by 2,199.9% in the 4th quarter. Victory Capital Management Inc. now owns 305,605 shares of the construction company’s stock worth $47,008,000 after buying an additional 292,317 shares during the last quarter. Hennessy Advisors Inc. acquired a new stake in Meritage Homes during the fourth quarter worth about $43,147,000. Wedge Capital Management L L P NC lifted its holdings in Meritage Homes by 734.4% in the third quarter. Wedge Capital Management L L P NC now owns 272,122 shares of the construction company’s stock worth $55,804,000 after acquiring an additional 239,511 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Meritage Homes in the third quarter valued at approximately $44,029,000. Finally, Point72 Asset Management L.P. bought a new position in shares of Meritage Homes during the third quarter valued at approximately $36,365,000. Institutional investors and hedge funds own 98.44% of the company’s stock.

Meritage Homes Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date was Tuesday, December 17th. Meritage Homes’s payout ratio is currently 11.47%.

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.