Meritage Homes (NYSE:MTH) Releases Q1 2026 Earnings Guidance

Meritage Homes (NYSE:MTH) updated its first quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.870-1.130 for the period, compared to the consensus estimate of 1.530. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages have commented on MTH. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Meritage Homes in a report on Tuesday, January 13th. Citizens Jmp began coverage on shares of Meritage Homes in a report on Wednesday, January 7th. They set a “market outperform” rating and a $90.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Meritage Homes in a research note on Monday, December 29th. Evercore ISI set a $77.00 price objective on Meritage Homes and gave the stock an “in-line” rating in a report on Thursday, December 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Meritage Homes from $60.00 to $69.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Meritage Homes presently has a consensus rating of “Hold” and a consensus target price of $84.25.

Meritage Homes Stock Performance

Shares of NYSE:MTH opened at $69.98 on Friday. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 11.07 and a beta of 1.48. The firm’s 50-day moving average is $70.94 and its 200 day moving average is $71.84. Meritage Homes has a 12 month low of $59.27 and a 12 month high of $84.74. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.35.

Meritage Homes (NYSE:MTH) last posted its 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. Meritage Homes had a return on equity of 9.25% and a net margin of 7.73%.The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the firm earned $4.72 earnings per share. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. Research analysts predict that Meritage Homes will post 9.44 EPS for the current year.

Meritage Homes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, December 17th. Meritage Homes’s dividend payout ratio (DPR) is 17.48%.

Trending Headlines about Meritage Homes

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

• Positive Sentiment: EPS beat consensus — Meritage reported $1.67 EPS vs. the $1.55 consensus, which helped support the stock despite other headwinds. Meritage Homes (MTH) Q4 Earnings Surpass Estimates
• Positive Sentiment: Short interest dropped materially in January, reducing a potential short-squeeze overhang and removing some downside pressure. Meritage Homes Trading Up 1.2%
• Positive Sentiment: Several analysts maintain constructive views and above-current price targets (median target ~ $82), which can underpin sentiment and limit downside. Meritage Homes Corporation (MTH) Releases Q4 2025 Earnings
• Neutral Sentiment: Company-provided details: home-closing gross margin reported at 16.5% (adjusted 19.3% excluding non-recurring charges). Investors will watch whether margins stabilize. Meritage Homes reports fourth quarter 2025 results
• Neutral Sentiment: Earnings call/transcript provides management commentary and guidance detail that investors should review for forward expectations and backlog trends. Meritage Homes Corporation (MTH) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Revenue missed estimates — Q4 revenue of $1.44B versus ~$1.51B consensus; top-line weakness and commentary on the outlook prompted negative headlines and selling pressure in some reports. Meritage Homes beats Q4 earnings estimates as stock tumbles on weak outlook
• Negative Sentiment: Margin and profitability compression year-over-year — gross profit, operating profit and net income declined significantly YoY, which raises questions about near-term margin recovery and cash generation. Meritage Homes Corporation (MTH) Releases Q4 2025 Earnings
• Negative Sentiment: Insider selling noted in the last six months, which may concern some investors about near-term insider sentiment. Meritage Homes Corporation (MTH) Releases Q4 2025 Earnings

Institutional Investors Weigh In On Meritage Homes

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. M&T Bank Corp grew its holdings in shares of Meritage Homes by 5.6% during the second quarter. M&T Bank Corp now owns 4,806 shares of the construction company’s stock valued at $322,000 after buying an additional 256 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in Meritage Homes by 23.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,429 shares of the construction company’s stock worth $104,000 after acquiring an additional 268 shares during the period. Caxton Associates LLP boosted its holdings in shares of Meritage Homes by 0.7% in the third quarter. Caxton Associates LLP now owns 39,054 shares of the construction company’s stock valued at $2,829,000 after buying an additional 286 shares during the period. Larson Financial Group LLC boosted its stake in shares of Meritage Homes by 265.5% during the 3rd quarter. Larson Financial Group LLC now owns 402 shares of the construction company’s stock worth $29,000 after buying an additional 292 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Meritage Homes by 194.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 699 shares of the construction company’s stock worth $47,000 after acquiring an additional 462 shares during the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

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.