Meritage Homes Corporation (NYSE:MTH) Receives $84.25 Consensus PT from Analysts

Shares of Meritage Homes Corporation (NYSE:MTH) have earned an average rating of “Hold” from the twelve ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $83.50.

Several research analysts have recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $90.00 target price on shares of Meritage Homes in a research note on Tuesday, January 13th. Citigroup began coverage on shares of Meritage Homes in a research note on Wednesday, January 7th. They issued an “outperform” rating on the stock. Wall Street Zen cut shares of Meritage Homes from a “hold” rating to a “sell” rating in a research report on Sunday, January 11th. Bank of America reissued a “neutral” rating and issued a $82.00 price target (up previously from $75.00) on shares of Meritage Homes in a research note on Friday, January 16th. Finally, Evercore ISI set a $77.00 price target on Meritage Homes and gave the stock an “in-line” rating in a research report on Thursday, December 4th.

Institutional Trading of Meritage Homes

A number of hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its holdings in shares of Meritage Homes by 8.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 63,008 shares of the construction company’s stock worth $4,472,000 after buying an additional 5,086 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Meritage Homes during the 3rd quarter worth approximately $37,477,000. Vanguard Personalized Indexing Management LLC boosted its position in Meritage Homes by 14.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,424 shares of the construction company’s stock worth $1,033,000 after acquiring an additional 1,898 shares during the last quarter. Ceredex Value Advisors LLC bought a new position in shares of Meritage Homes during the 2nd quarter worth approximately $9,989,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Meritage Homes by 348.4% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 13,702 shares of the construction company’s stock valued at $918,000 after purchasing an additional 10,646 shares during the last quarter. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Meritage Homes Stock Down 0.6%

NYSE MTH opened at $69.51 on Friday. The stock has a market capitalization of $4.89 billion, a P/E ratio of 11.00 and a beta of 1.48. Meritage Homes has a 52 week low of $59.27 and a 52 week high of $84.74. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.95 and a current ratio of 2.10. The stock has a fifty day moving average of $70.92 and a 200-day moving average of $71.82.

Meritage Homes (NYSE:MTH) last issued its quarterly earnings results on Wednesday, January 28th. The construction company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.12. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.51 billion. Meritage Homes had a return on equity of 9.28% and a net margin of 7.73%.The firm’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.72 earnings per share. On average, equities research analysts forecast that Meritage Homes will post 9.44 EPS for the current year.

Meritage Homes Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, December 17th. Meritage Homes’s payout ratio is presently 27.22%.

Meritage Homes News Roundup

Here are the key news stories impacting Meritage Homes this week:

• Positive Sentiment: Q4 EPS beat consensus: Meritage reported $1.67 EPS versus estimates of $1.55 and disclosed an adjusted home-closing gross margin (~19.3% excluding one-offs), which shows some operational resilience. GlobeNewswire: Q4 results
• Positive Sentiment: Analyst support: Several firms maintain buy ratings and above-current price targets (including UBS and others), which could limit downside if execution stabilizes. QuiverQuant: Q4 release & analyst notes
• Neutral Sentiment: Earnings call details and presentation posted — useful for drilling into forward commentary, backlog, pricing and cost assumptions but not a direct market mover by itself. Seeking Alpha: Q4 call transcript
• Negative Sentiment: Q1 2026 guidance slashed: Management updated Q1 EPS guidance to $0.87–$1.13 versus consensus ~$1.53, a clear downward revision that drove the immediate negative market reaction. Investing.com: Stock tumbles on weak outlook
• Negative Sentiment: Revenue and margin pressure: Q4 revenue came in below estimates (~$1.44B vs. ~$1.51B est) and YoY revenue and profit declines point to continued market softness and margin compression. QuiverQuant: Q4 metrics & revenue miss
• Negative Sentiment: Insider selling and mixed institutional flows: Recent insider sales were reported and hedge fund position changes have been sizeable, which can increase near-term selling pressure. QuiverQuant: insider & institutional activity
• Neutral Sentiment: Valuation check commentary is circulating as the share price weakens — some see upside to targets if rate/market dynamics improve, others see risks from slowing closings. Yahoo Finance: Valuation check

About Meritage Homes

Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.