Meritage Homes (NYSE:MTH) Updates Q1 2025 Earnings Guidance

Meritage Homes (NYSE:MTH) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.590-1.830 for the period, compared to the consensus estimate of 2.090. The company issued revenue guidance of -.

Meritage Homes Trading Down 3.9 %

Shares of MTH stock opened at $77.87 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.26. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of 5.96 and a beta of 1.87. The firm’s 50 day moving average price is $85.77 and its two-hundred day moving average price is $92.39. 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 earnings results on Wednesday, January 29th. The construction company reported $4.72 earnings per share for the quarter, beating the consensus estimate of $4.55 by $0.17. Meritage Homes had a net margin of 12.29% and a return on equity of 16.12%. On average, analysts anticipate that Meritage Homes will post 10.52 EPS for the current year.

Meritage Homes Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.93%. The ex-dividend date was Tuesday, December 17th. Meritage Homes’s dividend payout ratio (DPR) is presently 11.47%.

Wall Street Analyst Weigh In

MTH has been the subject of several analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Meritage Homes from $105.00 to $99.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $98.50 price objective (down previously from $110.00) on shares of Meritage Homes in a report on Friday, December 13th. Wedbush reaffirmed a “neutral” rating and issued a $103.00 price target (down from $205.00) on shares of Meritage Homes in a research note on Tuesday, January 7th. UBS Group cut their target price on Meritage Homes from $126.00 to $118.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, StockNews.com cut Meritage Homes from a “hold” rating to a “sell” rating in a research report on Saturday, January 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $107.38.

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.