Meritage Homes/$MTH
1D1W1M3M6MYTD1Y5YMAX
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
$4.2B
14.54
$4.43
1.34
$1.87
2.98%
Price and volume
Market cap
$4.2B
Beta
1.34
52-week high
$85.38
52-week low
$56.66
Average daily volume
984K
Dividend rate
$1.87
Financial strength
Current ratio
10.841
Quick ratio
1.492
Long term debt to equity
0.367
Total debt to equity
0.367
Dividend payout ratio (TTM)
41.49%
Interest coverage (TTM)
90.54%
Profitability
EBITDA (TTM)
397.211
Gross margin (TTM)
17.99%
Net profit margin (TTM)
5.79%
Operating margin (TTM)
7.26%
Effective tax rate (TTM)
21.86%
Revenue per employee (TTM)
$2,770,000
Management effectiveness
Return on assets (TTM)
3.04%
Return on equity (TTM)
5.76%
Valuation
Price to earnings (TTM)
14.54
Price to revenue (TTM)
0.837
Price to book
0.82
Price to tangible book (TTM)
0.82
Price to free cash flow (TTM)
8.899
Free cash flow yield (TTM)
11.24%
Free cash flow per share (TTM)
7.245
Dividend yield (TTM)
2.90%
Forward dividend yield
2.98%
Growth
Revenue change (TTM)
-14.89%
Earnings per share change (TTM)
-40.86%
3-year revenue growth (CAGR)
-7.39%
10-year revenue growth (CAGR)
5.74%
3-year earnings per share growth (CAGR)
-25.72%
10-year earnings per share growth (CAGR)
9.48%
3-year dividend per share growth (CAGR)
66.52%
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
Meritage ended the quarter with $807 million in cash, no revolver borrowings and net debt of 17.1% of capital. It also returned $131 million to shareholders through dividends and buybacks, giving it financial flexibility while demand is soft. (Meritage Homes Corporation)
Its community count rose 9% year on year to 340, and management expects 5%–10% growth for the full year. More communities could support future closings as new sites open. (Meritage Homes Corporation)
Construction cycle times stayed below 110 days, while direct construction costs per square foot fell 6% year on year. These operating gains help contain costs and let Meritage respond more quickly when buyers return. (The Motley Fool)
Second-quarter orders fell 9% as the sales pace per community dropped 19%; cancellations rose to 13% from 10% a year earlier. That points to weaker buyer demand, despite a larger community base. (U.S. Securities and Exchange Commission)
Second-quarter gross margin fell to 18.3% from 21.1%, while net earnings dropped 38% to $91 million. Lower sales and higher lot costs outweighed savings in construction costs and faster build times. (Meritage Homes Corporation)
Management expects 2026 closings and revenue to be about 5% below 2025, and warned that revenue could fall further if the market requires higher incentives. That leaves results exposed to continued affordability pressure and volatile interest rates. (Meritage Homes Corporation)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
Meritage Homes Financial Performance
Revenues and expenses
Meritage Homes Earnings Performance
Company profitability
Upcoming events
No upcoming events
Meritage Homes News
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Funds containing Meritage Homes
AllUSDEURGBP
Fund name | Fund size | $MTH weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.24% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.24% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.17% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.13% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.13% |
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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