FY2025 EPS Estimates for Meritage Homes Co. Cut by Zacks Research (NYSE:MTH)

Meritage Homes Co. (NYSE:MTH) – Equities researchers at Zacks Research cut their FY2025 earnings per share estimates for shares of Meritage Homes in a report issued on Tuesday, October 1st. Zacks Research analyst S. Mukherjee now expects that the construction company will earn $20.90 per share for the year, down from their prior estimate of $20.93. The consensus estimate for Meritage Homes’ current full-year earnings is $21.09 per share. Zacks Research also issued estimates for Meritage Homes’ Q2 2026 earnings at $6.16 EPS and FY2026 earnings at $22.83 EPS.

MTH has been the subject of a number of other research reports. Raymond James lifted their price target on Meritage Homes from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Wedbush lifted their price target on Meritage Homes from $148.00 to $160.00 and gave the company an “underperform” rating in a research report on Friday, July 26th. Wolfe Research upgraded Meritage Homes from a “peer perform” rating to an “outperform” rating and set a $230.00 price target for the company in a research report on Wednesday, August 14th. Keefe, Bruyette & Woods lifted their price target on Meritage Homes from $195.00 to $210.00 and gave the company a “market perform” rating in a research report on Tuesday, July 30th. Finally, The Goldman Sachs Group lifted their price target on Meritage Homes from $173.00 to $197.00 and gave the company a “neutral” rating in a research report on Friday, July 26th. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $208.00.

Meritage Homes Stock Performance

Shares of MTH opened at $198.04 on Friday. The company has a market cap of $7.19 billion, a PE ratio of 9.24 and a beta of 1.80. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $194.64 and a 200-day moving average price of $178.45. Meritage Homes has a 12-month low of $109.23 and a 12-month high of $213.98.

Meritage Homes (NYSE:MTH) last issued its quarterly earnings data on Wednesday, July 24th. The construction company reported $6.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.17 by $1.14. The business had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Meritage Homes had a return on equity of 17.99% and a net margin of 12.98%. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.02 EPS.

Meritage Homes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a $0.75 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $3.00 dividend on an annualized basis and a yield of 1.51%. Meritage Homes’s payout ratio is 13.99%.

Insider Buying and Selling

In other Meritage Homes news, CFO Hilla Sferruzza sold 2,500 shares of Meritage Homes stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $205.00, for a total value of $512,500.00. Following the transaction, the chief financial officer now directly owns 44,570 shares of the company’s stock, valued at $9,136,850. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Meritage Homes news, CFO Hilla Sferruzza sold 2,500 shares of Meritage Homes stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $205.00, for a total value of $512,500.00. Following the transaction, the chief financial officer now directly owns 44,570 shares of the company’s stock, valued at $9,136,850. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Javier Feliciano sold 3,000 shares of Meritage Homes stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $198.36, for a total value of $595,080.00. Following the completion of the transaction, the executive vice president now directly owns 14,307 shares in the company, valued at $2,837,936.52. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,500 shares of company stock worth $3,111,080 in the last quarter. 2.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Meritage Homes

Several hedge funds have recently made changes to their positions in the business. Handelsbanken Fonder AB increased its stake in shares of Meritage Homes by 41.8% during the third quarter. Handelsbanken Fonder AB now owns 10,523 shares of the construction company’s stock valued at $2,158,000 after buying an additional 3,100 shares during the period. SG Americas Securities LLC increased its stake in shares of Meritage Homes by 47.3% during the third quarter. SG Americas Securities LLC now owns 1,364 shares of the construction company’s stock valued at $280,000 after buying an additional 438 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Meritage Homes during the second quarter valued at approximately $207,000. Aristides Capital LLC purchased a new position in shares of Meritage Homes during the second quarter valued at approximately $235,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Meritage Homes by 16.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,134 shares of the construction company’s stock valued at $184,000 after buying an additional 163 shares during the period. 98.44% of the stock is owned by hedge funds and other institutional investors.

Meritage Homes Company Profile

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.