Q1 EPS Estimates for Meritage Homes Decreased by Analyst

Meritage Homes Corporation (NYSE:MTH) – Stock analysts at Zacks Research decreased their Q1 2026 EPS estimates for shares of Meritage Homes in a note issued to investors on Wednesday, February 11th. Zacks Research analyst Team now expects that the construction company will earn $1.15 per share for the quarter, down from their prior forecast of $1.29. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Zacks Research also issued estimates for Meritage Homes’ Q2 2026 earnings at $1.77 EPS, Q3 2026 earnings at $1.60 EPS, Q4 2026 earnings at $1.67 EPS, FY2026 earnings at $6.19 EPS, Q1 2027 earnings at $1.33 EPS, Q2 2027 earnings at $1.99 EPS and Q4 2027 earnings at $1.97 EPS.

Other equities analysts also recently issued reports about the stock. Citigroup started coverage on shares of Meritage Homes in a report on Wednesday, January 7th. They set an “outperform” rating on the stock. Keefe, Bruyette & Woods decreased their price objective on shares of Meritage Homes from $78.00 to $76.00 and set a “market perform” rating for the company in a research report on Tuesday, February 3rd. UBS Group set a $95.00 price objective on shares of Meritage Homes in a research note on Friday, January 30th. Citizens Jmp began coverage on shares of Meritage Homes in a research note on Wednesday, January 7th. They issued a “market outperform” rating and a $90.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target on Meritage Homes from $60.00 to $69.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $83.63.

Meritage Homes Stock Down 0.7%

NYSE:MTH opened at $77.96 on Thursday. Meritage Homes has a twelve month low of $59.27 and a twelve month high of $84.74. The firm has a market capitalization of $5.49 billion, a price-to-earnings ratio of 12.34, a price-to-earnings-growth ratio of 1.37 and a beta of 1.48. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average price is $71.25 and its two-hundred day moving average price is $72.04.

Meritage Homes (NYSE:MTH) last released its earnings results on Wednesday, January 28th. The construction company reported $1.67 earnings per share (EPS) for the quarter, topping 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%.Meritage Homes’s revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.72 earnings per share.

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 paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, December 17th. Meritage Homes’s dividend payout ratio (DPR) is currently 27.22%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MTH. Norges Bank bought a new stake in shares of Meritage Homes during the second quarter worth approximately $75,148,000. Capital World Investors lifted its holdings in Meritage Homes by 44.3% during the 3rd quarter. Capital World Investors now owns 1,987,850 shares of the construction company’s stock worth $143,980,000 after purchasing an additional 609,866 shares during the last quarter. Balyasny Asset Management L.P. lifted its holdings in Meritage Homes by 58.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,423,013 shares of the construction company’s stock worth $95,299,000 after purchasing an additional 527,265 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in Meritage Homes in the 3rd quarter valued at $37,477,000. Finally, Groupama Asset Managment grew its holdings in Meritage Homes by 100.0% in the 2nd quarter. Groupama Asset Managment now owns 1,000,000 shares of the construction company’s stock valued at $66,970,000 after buying an additional 500,000 shares in the last quarter. Institutional investors and hedge funds own 98.44% of the company’s stock.

Key Meritage Homes News

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

• Neutral Sentiment: Mithril/“MTH” exploration update is unrelated to Meritage (different ticker on ASX/TSXV). This press release is not material to NYSE:MTH investors. Mithril Provides Exploration Update
• Negative Sentiment: Zacks Research cut multiple near‑term and FY estimates and kept a “Strong Sell” rating on MTH — notable revisions include Q1 2026 to $1.15 (from $1.29), Q2 2026 to $1.77 (from $1.85), Q3 2026 to $1.60 (from $1.71), Q4 2026 to $1.67 (from $1.80), FY2026 to $6.19 (from $6.65), and cuts into FY2027 quarters (Q1 2027 to $1.33, Q2 2027 to $1.99, Q4 2027 to $1.97). Zacks’ view is substantially below the consensus full‑year EPS of $9.44, signaling lower growth/profitability expectations and creating downward pressure on the stock.
• Negative Sentiment: Seeking Alpha ran a bearish analysis titled “Meritage Homes Corporation: Demand Is Still The Problem,” highlighting weak order trends and demand risks in the housing market — narratives like this amplify investor concern about future revenue, cancellations, backlog trends and margin sustainability. Meritage Homes Corporation: Demand Is Still The Problem

Meritage Homes Company Profile

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.