Meritage Homes (NYSE: MTH) recently received a number of ratings updates from brokerages and research firms:
- 5/12/2026 – Meritage Homes was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
- 5/12/2026 – Meritage Homes was downgraded by Zacks Research from “hold” to “strong sell”.
- 4/28/2026 – Meritage Homes had its price target lowered by JPMorgan Chase & Co. from $62.00 to $58.00. They now have a “neutral” rating on the stock.
- 4/27/2026 – Meritage Homes was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
- 4/24/2026 – Meritage Homes was given a new $86.00 price target by UBS Group AG. They now have a “buy” rating on the stock.
- 4/20/2026 – Meritage Homes had its price target lowered by Bank of America Corporation from $74.00 to $72.00. They now have a “neutral” rating on the stock.
- 4/16/2026 – Meritage Homes was given a new $80.00 price target by Truist Financial Corporation. They now have a “buy” rating on the stock.
- 4/13/2026 – Meritage Homes was upgraded by Zacks Research from “strong sell” to “hold”.
- 4/11/2026 – Meritage Homes was downgraded by Wall Street Zen from “hold” to “sell”.
Meritage Homes Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a dividend of $0.48 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.92 dividend on an annualized basis and a yield of 3.1%. This is an increase from Meritage Homes’s previous quarterly dividend of $0.43. Meritage Homes’s dividend payout ratio (DPR) is currently 35.23%.
Insider Buying and Selling at Meritage Homes
In other news, CEO Phillippe Lord sold 32,820 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $76.49, for a total value of $2,510,401.80. Following the completion of the sale, the chief executive officer owned 260,389 shares in the company, valued at approximately $19,917,154.61. This trade represents a 11.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Hilla Sferruzza sold 10,928 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $76.35, for a total transaction of $834,352.80. Following the completion of the sale, the chief financial officer owned 124,961 shares of the company’s stock, valued at $9,540,772.35. This trade represents a 8.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,895 shares of company stock worth $3,719,339 in the last quarter. 2.50% of the stock is currently owned by company insiders.
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.
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