What is Wedbush’s Estimate for Meritage Homes Q1 Earnings?

Meritage Homes Co. (NYSE:MTH) – Wedbush issued their Q1 2026 earnings per share estimates for shares of Meritage Homes in a report issued on Tuesday, October 15th. Wedbush analyst J. Mccanless forecasts that the construction company will post earnings of $6.21 per share for the quarter. Wedbush has a “Neutral” rating and a $195.00 price target on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $21.09 per share. Wedbush also issued estimates for Meritage Homes’ Q3 2026 earnings at $5.51 EPS.

Other analysts also recently issued research reports about the stock. Raymond James lifted their target price on shares of Meritage Homes from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Evercore ISI boosted their target price on Meritage Homes from $219.00 to $221.00 and gave the stock an “outperform” rating in a research report on Monday, July 15th. StockNews.com downgraded Meritage Homes from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Keefe, Bruyette & Woods lifted their price target on Meritage Homes from $195.00 to $210.00 and gave the company a “market perform” rating in a research note on Tuesday, July 30th. Finally, Wolfe Research upgraded Meritage Homes from a “peer perform” rating to an “outperform” rating and set a $230.00 price objective for the company in a research report on Wednesday, August 14th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $213.83.

Meritage Homes Stock Performance

Shares of MTH opened at $204.00 on Friday. The stock has a market capitalization of $7.41 billion, a P/E ratio of 9.51 and a beta of 1.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.93 and a current ratio of 1.93. Meritage Homes has a 1 year low of $109.23 and a 1 year high of $213.98. The company’s fifty day moving average is $196.31 and its two-hundred day moving average is $180.60.

Meritage Homes (NYSE:MTH) last released its earnings results on Wednesday, July 24th. The construction company reported $6.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.17 by $1.14. Meritage Homes had a return on equity of 17.99% and a net margin of 12.98%. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the previous year, the company posted $5.02 earnings per share. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year.

Meritage Homes Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.47%. The ex-dividend date was Monday, September 16th. Meritage Homes’s payout ratio is currently 13.99%.

Insider Activity at Meritage Homes

In other news, EVP Javier Feliciano sold 3,000 shares of Meritage Homes stock in a transaction on Friday, July 26th. The stock was sold at an average price of $198.36, for a total transaction of $595,080.00. Following the completion of the transaction, the executive vice president now owns 14,307 shares of the company’s stock, valued at $2,837,936.52. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, EVP Javier Feliciano sold 3,000 shares of the stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $198.36, for a total value of $595,080.00. Following the sale, the executive vice president now directly owns 14,307 shares in the company, valued at $2,837,936.52. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Phillippe Lord sold 10,000 shares of Meritage Homes stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $200.35, for a total value of $2,003,500.00. Following the transaction, the chief executive officer now owns 90,266 shares of the company’s stock, valued at $18,084,793.10. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,500 shares of company stock valued at $3,111,080 in the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Institutional Trading of Meritage Homes

Several institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC raised its stake in Meritage Homes by 15.5% in the 3rd quarter. CWM LLC now owns 433 shares of the construction company’s stock valued at $89,000 after purchasing an additional 58 shares during the last quarter. Xponance Inc. raised its position in shares of Meritage Homes by 2.9% in the second quarter. Xponance Inc. now owns 2,288 shares of the construction company’s stock valued at $370,000 after buying an additional 64 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Meritage Homes by 4.3% during the first quarter. Sequoia Financial Advisors LLC now owns 1,689 shares of the construction company’s stock valued at $296,000 after buying an additional 70 shares during the period. AlphaMark Advisors LLC boosted its position in Meritage Homes by 5.4% during the second quarter. AlphaMark Advisors LLC now owns 1,842 shares of the construction company’s stock worth $298,000 after acquiring an additional 94 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Meritage Homes by 16.8% in the 1st quarter. GAMMA Investing LLC now owns 676 shares of the construction company’s stock worth $119,000 after acquiring an additional 97 shares during the period. 98.44% of the stock is currently owned by hedge funds and other institutional investors.

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.