Meritage Homes (NYSE:MTH) Releases Q1 2025 Earnings Guidance

Meritage Homes (NYSE:MTH) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.590-1.830 for the period, compared to the consensus earnings per share estimate of 2.090. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several research firms have recently weighed in on MTH. Raymond James lowered Meritage Homes from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. UBS Group lowered their price target on Meritage Homes from $126.00 to $118.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. The Goldman Sachs Group cut their price objective on Meritage Homes from $117.50 to $100.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. StockNews.com lowered shares of Meritage Homes from a “hold” rating to a “sell” rating in a report on Saturday, January 11th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Meritage Homes from $105.00 to $99.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $107.38.

Meritage Homes Trading Up 2.8 %

MTH opened at $81.05 on Friday. Meritage Homes has a 1-year low of $73.05 and a 1-year high of $106.99. The firm has a 50-day moving average price of $86.06 and a two-hundred day moving average price of $92.47. The stock has a market capitalization of $5.86 billion, a PE ratio of 6.20 and a beta of 1.87. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.26.

Meritage Homes (NYSE:MTH) last released its earnings results on Wednesday, January 29th. The construction company reported $4.72 earnings per share for the quarter, topping analysts’ consensus estimates of $4.55 by $0.17. Meritage Homes had a return on equity of 16.12% and a net margin of 12.29%. As a group, equities analysts anticipate that Meritage Homes will post 10.52 earnings per share for the current fiscal year.

Meritage Homes Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend was Tuesday, December 17th. Meritage Homes’s payout ratio is 11.47%.

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.