Meritage Homes/$MTH
1D1W1MYTD1Y5YMAX
Capital at risk
About Meritage Homes
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, comprising twelve states: Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. The company operates with two principal business segments: homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services, and the financial services segment offers title and escrow, mortgage, and insurance services. The company generates key revenue from the Homebuilding segment.
- Ticker
- $MTH
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 1,860
- Headquarters
- Scottsdale, United States
- Website
- www.meritagehomes.com
Meritage Homes Metrics
BasicAdvanced
$4.1B
13.19
$4.80
1.36
$1.82
3.04%
Price and volume
Market cap
$4.1B
Beta
1.36
52-week high
$85.38
52-week low
$58.03
Average daily volume
730K
Dividend rate
$1.82
Financial strength
Current ratio
14.355
Quick ratio
1.738
Long term debt to equity
0.377
Total debt to equity
0.365
Dividend payout ratio (TTM)
37.32%
Interest coverage (TTM)
149.91%
Profitability
EBITDA (TTM)
439.976
Gross margin (TTM)
18.39%
Net profit margin (TTM)
6.11%
Operating margin (TTM)
7.71%
Effective tax rate (TTM)
22.43%
Revenue per employee (TTM)
$2,900,000
Management effectiveness
Return on assets (TTM)
3.35%
Return on equity (TTM)
6.38%
Valuation
Price to earnings (TTM)
13.186
Price to revenue (TTM)
0.801
Price to book
0.82
Price to tangible book (TTM)
0.82
Price to free cash flow (TTM)
10.411
Free cash flow yield (TTM)
9.60%
Free cash flow per share (TTM)
6.075
Dividend yield (TTM)
2.88%
Forward dividend yield
3.04%
Growth
Revenue change (TTM)
-13.27%
Earnings per share change (TTM)
-45.35%
3-year revenue growth (CAGR)
-5.76%
10-year revenue growth (CAGR)
6.55%
3-year earnings per share growth (CAGR)
-25.00%
10-year earnings per share growth (CAGR)
10.80%
3-year dividend per share growth (CAGR)
88.90%
What the Analysts think about Meritage Homes
Analyst ratings (Buy, Hold, Sell) for Meritage Homes stock.
Analyst projections of the future price of Meritage Homes stock.
Bulls say / Bears say
Returned $131 million to shareholders in Q2 through share repurchases and dividends, with $284 million remaining in the repurchase authorization, underscoring management’s confidence in the valuation (SEC filing Q2 earnings release).
Maintains robust liquidity with $807.3 million in cash and $896.9 million available under its credit facility, providing approximately $1.7 billion in total available capacity as of June 30, 2026 (SEC 10-Q).
Offers an attractive shareholder yield with an annual dividend yield of 2.72% and a raised quarterly dividend of $0.48 per share for Q2 2026, reflecting a commitment to steady returns (FT.com).
Q2 home closing revenue fell 14.1% year-over-year to $1.4 billion and diluted EPS declined 33% to $1.37, signaling top-line and earnings pressure (SEC filing Q2 earnings release).
Home closing gross margin contracted 280 bps to 18.3% in Q2 2026 due to higher lot costs and adverse geographic mix, pressuring profitability (SEC 10-Q).
Q2 orders declined 8.7% year-over-year to 3,575 homes and cancellation rates rose to 13% from 10%, reflecting weakening demand (SEC 10-Q).
Data summarised monthly by Lightyear AI. Last updated on 5 Sept 2026.
Meritage Homes Financial Performance
Revenues and expenses
Meritage Homes Earnings Performance
Company profitability
Upcoming events
Meritage Homes News
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Funds containing Meritage Homes
AllUSDGBPEUR
Fund name | Fund size | $MTH weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.25% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.25% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.14% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.09% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.09% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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