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
$4.3B
15.17
$4.43
1.34
$1.87
2.86%
Price and volume
Market cap
$4.3B
Beta
1.34
52-week high
$85.38
52-week low
$56.66
Average daily volume
1.1M
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)
89.58%
Profitability
EBITDA (TTM)
397.211
Gross margin (TTM)
17.91%
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)
3.01%
Return on equity (TTM)
5.76%
Valuation
Price to earnings (TTM)
15.167
Price to revenue (TTM)
0.873
Price to book
0.86
Price to tangible book (TTM)
0.86
Price to free cash flow (TTM)
9.282
Free cash flow yield (TTM)
10.77%
Free cash flow per share (TTM)
7.245
Dividend yield (TTM)
2.78%
Forward dividend yield
2.86%
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’s community base grew 4% year on year to 348, and management reiterated its target of 5%–10% community-count growth for 2026. A broader selling footprint could help it capture more demand when conditions improve. (Meritage Homes Corporation, The Motley Fool)
Operational efficiency is improving: direct construction cost per square foot fell nearly 5% year on year for a 14th consecutive quarter, while build times stayed below 110 days. These savings help offset elevated land and incentive costs. (The Motley Fool, U.S. Securities and Exchange Commission)
The company retains financial flexibility: it ended September with $677 million of cash and net debt-to-capital of 18.9%. It also repurchased shares equal to 6% of its year-opening share count in the first nine months and continued its quarterly dividend. (Meritage Homes Corporation)
Demand softened despite a larger community base: third-quarter orders fell 15% year on year as sales pace dropped 21%, cancellations rose to 13% from 11%, and backlog units were down 5%. (U.S. Securities and Exchange Commission)
Profitability faces a persistent squeeze from incentives and expensive land. Adjusted gross margin fell to 17.9% from 20.1% a year earlier, and management said elevated land costs would weigh on margins through at least 2027, with no significant recovery expected in the next several quarters. (The Motley Fool)
Input-cost risks could add further pressure: Meritage said tariffs, oil-based materials and transport costs are straining suppliers, and modest cost increases could affect margins over the coming quarters. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 4 Nov 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 Small Cap 600£ISP6 | $2.5B | 0.26% |
iShares S&P SmallCap 600$IDP6 | $2.5B | 0.26% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.19% |
SPDR Russell 2000 US Small Cap€R2US | $5B | 0.15% |
SPDR Russell 2000 US Small Cap£R2SC | $5B | 0.15% |
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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