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MTH

Meritage Homes Corporation

MTH

NYSE·Consumer Cyclical·Residential Construction·Mkt cap $5.4B

$81.25

▼ -0.37%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$58.03 - $85.38

P/E

14.91

Fwd P/E

16.28

Beta

1.41

Div Yield

2.23%

Avg Vol

937.9K

Shares Out

66.8M

Mkt Cap

$5.4B

Price action

Price chart

Up 12.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

5 reasons

  • Geographic diversification across high-growth markets reduces regional economic risk
  • Integrated financial services segment creates customer lock-in and additional revenue streams
  • Focus on first-time and move-up buyers targets largest homebuying demographic with sustained demand
  • Established brand reputation and operational scale since 1985 enables efficient land acquisition and construction
  • Strategic market positioning in supply-constrained, high-demand states with favorable demographic trends
▼

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Housing supply shortage and demographic demand from millennial and Gen Z homebuyers

Value

Fairly valued vs Homebuilders peers

Momentum

Hot

+31.2% over 3m

Quality

Thin

Strong fundamentals

Dividend

Solid

2.23% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 21, 2026

“
Q2 26 RECAP

APR 22, 2026

Reported EPS of $0.86 vs $0.93 consensus (-7.6% surprise). Revenue of $1.1B vs $1.2B expected (-5.1%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-7.6%

Next: Apr 21, 2026

Revenue trend · last 8Q

—

—

-2%

-7%

-4%

-11%

-11%

-18%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$1.7B

$1.6B

$1.6B

$1.4B

$1.6B

$1.4B

$1.4B

$1.1B

Margins · last 8Q

Gross

17.5%

Operating

5.8%

Profit

4.9%

View full earnings history →

Wall Street consensus

6 analysts · 33% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

33%

Hold

4

67%

Sell

0%

Median Price Target

$83.00

▲ +2.2% vs $81.25

Low $80.00
Median $83.00
High $86.00

Latest: JP Morgan · Apr 28, 2026

2 analysts covering

View full analyst page →

vs Industry

How MTH stacks vs Residential Construction

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.