Q3 EPS Estimates for Meritage Homes Reduced by Analyst

Meritage Homes Co. (NYSE:MTH) – Analysts at Keefe, Bruyette & Woods decreased their Q3 2025 earnings per share (EPS) estimates for shares of Meritage Homes in a research report issued on Wednesday, February 5th. Keefe, Bruyette & Woods analyst J. Rahmani now anticipates 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 target price 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.

Other research analysts also recently issued research reports about the company. StockNews.com downgraded Meritage Homes from a “hold” rating to a “sell” rating in a report on Saturday, January 11th. Wedbush reaffirmed a “neutral” rating and issued a $103.00 price target on shares of Meritage Homes in a research note on Tuesday, February 4th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $98.50 price objective (down previously from $110.00) on shares of Meritage Homes in a research report on Friday, December 13th. The Goldman Sachs Group reduced their target price on shares of Meritage Homes from $117.50 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Finally, UBS Group lowered their price target on shares of Meritage Homes from $126.00 to $118.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $106.25.

Meritage Homes Trading Up 0.9 %

Shares of MTH opened at $75.16 on Monday. Meritage Homes has a 1-year low of $73.05 and a 1-year high of $106.99. The firm has a market capitalization of $5.44 billion, a price-to-earnings ratio of 5.75 and a beta of 1.88. The firm’s 50-day moving average price is $82.98 and its 200-day moving average price is $91.29. The company has a current ratio of 1.61, a quick ratio of 1.75 and a debt-to-equity ratio of 0.26.

Meritage Homes (NYSE:MTH) last issued 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 net margin of 12.29% and a return on equity of 15.90%.

Institutional Investors Weigh In On Meritage Homes

Several large investors have recently bought and sold shares of the business. Victory Capital Management Inc. boosted its holdings in shares of Meritage Homes by 2,199.9% during the 4th quarter. Victory Capital Management Inc. now owns 305,605 shares of the construction company’s stock valued at $47,008,000 after acquiring an additional 292,317 shares during the last quarter. Hennessy Advisors Inc. bought a new position in Meritage Homes during the fourth quarter valued at approximately $43,147,000. Wedge Capital Management L L P NC boosted 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 purchasing an additional 239,511 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Meritage Homes in the 3rd quarter worth approximately $44,029,000. Finally, Point72 Asset Management L.P. purchased a new stake in Meritage Homes during the 3rd quarter valued at $36,365,000. 98.44% of the stock is currently owned by institutional investors.

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 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 of this dividend was Tuesday, December 17th. Meritage Homes’s payout ratio is currently 11.47%.

About Meritage Homes

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.