Keefe, Bruyette & Woods Estimates Meritage Homes Q3 Earnings

Meritage Homes Co. (NYSE:MTH - Free Report) - Analysts at Keefe, Bruyette & Woods reduced their Q3 2025 EPS estimates for shares of Meritage Homes in a research note issued to investors on Wednesday, February 5th. Keefe, Bruyette & Woods analyst J. Rahmani now anticipates that the construction company will earn $2.65 per share for the quarter, down from their prior forecast of $2.88. Keefe, Bruyette & Woods has a "Market Perform" rating and a $90.00 price objective on the stock. The consensus estimate for Meritage Homes' current full-year earnings is $10.02 per share. Keefe, Bruyette & Woods also issued estimates for Meritage Homes' FY2026 earnings at $10.81 EPS.

Meritage Homes (NYSE:MTH - Get Free Report) last released its quarterly 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 net margin of 12.29% and a return on equity of 15.90%.

MTH has been the subject of a number of other research reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $98.50 price objective (down previously from $110.00) on shares of Meritage Homes in a research report on Friday, December 13th. Wedbush reiterated a "neutral" rating and issued a $103.00 target price on shares of Meritage Homes in a research note on Tuesday, February 4th. UBS Group dropped their price objective on shares of Meritage Homes from $126.00 to $118.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Raymond James cut Meritage Homes from an "outperform" rating to a "market perform" rating in a report on Thursday, November 7th. Finally, StockNews.com cut Meritage Homes from a "hold" rating to a "sell" rating in a research report on Saturday, January 11th. One research 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, the company presently has an average rating of "Hold" and a consensus price target of $106.25.

Meritage Homes Stock Performance

Shares of NYSE MTH traded up $0.25 during trading on Monday, reaching $73.50. The stock had a trading volume of 523,028 shares, compared to its average volume of 982,915. The firm's 50 day moving average price is $82.28 and its two-hundred day moving average price is $91.05. Meritage Homes has a one year low of $72.19 and a one year high of $106.99. The stock has a market cap of $5.32 billion, a PE ratio of 5.62 and a beta of 1.88. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.75 and a current ratio of 1.61.

Meritage Homes Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.50 annualized dividend and a dividend yield of 2.04%. Meritage Homes's dividend payout ratio is 11.47%.

Insider Activity at Meritage Homes

In other news, COO Clinton Szubinski sold 595 shares of Meritage Homes stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $73.29, for a total value of $43,607.55. Following the transaction, the chief operating officer now owns 30,547 shares of the company's stock, valued at $2,238,789.63. This trade represents a 1.91 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Steven J. Hilton acquired 11,000 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were purchased at an average cost of $74.51 per share, with a total value of $819,610.00. Following the completion of the acquisition, the chairman now owns 811,192 shares in the company, valued at $60,441,915.92. This trade represents a 1.37 % increase in their position. The disclosure for this purchase can be found here. 2.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MTH. CWM LLC lifted its position in shares of Meritage Homes by 15.5% in the 3rd quarter. CWM LLC now owns 433 shares of the construction company's stock worth $89,000 after acquiring an additional 58 shares during the period. Assetmark Inc. raised its position in Meritage Homes by 53.6% in the 3rd quarter. Assetmark Inc. now owns 172 shares of the construction company's stock worth $35,000 after purchasing an additional 60 shares during the last quarter. First Trust Direct Indexing L.P. boosted its position in Meritage Homes by 2.5% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 2,719 shares of the construction company's stock valued at $558,000 after buying an additional 66 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in Meritage Homes during the 3rd quarter worth about $28,000. Finally, Ballentine Partners LLC raised its stake in shares of Meritage Homes by 10.4% during the third quarter. Ballentine Partners LLC now owns 1,516 shares of the construction company's stock worth $311,000 after buying an additional 143 shares during the last quarter. 98.44% of the stock is owned by 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.