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NYSE:MTH

Meritage Homes (MTH) Stock Price, News & Analysis

Meritage Homes logo
$74.99 -2.61 (-3.36%)
Closing price 03/10/2025 03:59 PM Eastern
Extended Trading
$74.81 -0.19 (-0.25%)
As of 03/10/2025 07:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Meritage Homes Stock (NYSE:MTH)

Key Stats

Today's Range
$74.80
$79.32
50-Day Range
$70.78
$153.82
52-Week Range
$69.26
$106.99
Volume
1.68 million shs
Average Volume
987,095 shs
Market Capitalization
$5.38 billion
P/E Ratio
5.74
Dividend Yield
2.29%
Price Target
$106.25
Consensus Rating
Hold

Company Overview

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. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

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Meritage Homes Stock Analysis - MarketRank™

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95th Percentile Overall Score

MTH MarketRank™: 

Meritage Homes scored higher than 95% of companies evaluated by MarketBeat, and ranked 16th out of 103 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Meritage Homes has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Meritage Homes has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Meritage Homes' stock forecast and price target.
  • Earnings Growth

    Earnings for Meritage Homes are expected to grow by 14.09% in the coming year, from $9.44 to $10.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Meritage Homes is 5.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.50.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Meritage Homes is 5.74, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 15.69.

  • Price to Book Value per Share Ratio

    Meritage Homes has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Meritage Homes' valuation and earnings.
  • Percentage of Shares Shorted

    4.34% of the float of Meritage Homes has been sold short.
  • Short Interest Ratio / Days to Cover

    Meritage Homes has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Meritage Homes has recently decreased by 0.96%, indicating that investor sentiment is improving.
  • Dividend Yield

    Meritage Homes pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Meritage Homes does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Meritage Homes is 13.16%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Meritage Homes will have a dividend payout ratio of 15.97% next year. This indicates that Meritage Homes will be able to sustain or increase its dividend.

  • Read more about Meritage Homes' dividend.
  • Percentage of Shares Shorted

    4.34% of the float of Meritage Homes has been sold short.
  • Short Interest Ratio / Days to Cover

    Meritage Homes has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Meritage Homes has recently decreased by 0.96%, indicating that investor sentiment is improving.
  • News Sentiment

    Meritage Homes has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Meritage Homes this week, compared to 7 articles on an average week.
  • Search Interest

    Only 2 people have searched for MTH on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Meritage Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Meritage Homes insiders have bought 568.81% more of their company's stock than they have sold. Specifically, they have bought $819,610.00 in company stock and sold $122,547.00 in company stock.

  • Percentage Held by Insiders

    Only 2.00% of the stock of Meritage Homes is held by insiders.

  • Percentage Held by Institutions

    98.44% of the stock of Meritage Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Meritage Homes' insider trading history.
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MTH Stock News Headlines

$2 Trillion Disappears Because of Fed's Secretive New Move
$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates... but could soon have an enormous impact on your wealth.
Meritage Homes (NYSE:MTH) Raised to "Hold" at Seaport Res Ptn
Meritage Homes upgraded to Neutral from Sell at Seaport Research
See More Headlines

MTH Stock Analysis - Frequently Asked Questions

Meritage Homes' stock was trading at $153.82 at the beginning of the year. Since then, MTH stock has decreased by 51.2% and is now trading at $74.9940.
View the best growth stocks for 2025 here
.

Meritage Homes Co. (NYSE:MTH) posted its quarterly earnings results on Wednesday, January, 29th. The construction company reported $4.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.55 by $0.17. Meritage Homes had a net margin of 12.29% and a trailing twelve-month return on equity of 15.90%.

Shares of Meritage Homes split on Friday, January 3rd 2025. The 2-1 split was announced on Monday, November 25th 2024. The newly created shares were payable to shareholders after the closing bell on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Meritage Homes' top institutional shareholders include Vanguard Group Inc. (5.63%), Dimensional Fund Advisors LP (2.09%), Geode Capital Management LLC (1.15%) and Greenhaven Associates Inc. (1.02%). Insiders that own company stock include Steven J Hilton, Phillippe Lord, Hilla Sferruzza, Clinton Szubinski, Peter L Ax, Javier Feliciano, Raymond Oppel, Gerald W Haddock and Alison Sasser.
View institutional ownership trends
.

Shares of MTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Meritage Homes investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 12/31 Dividend
12/17/2024
Dividend Payable
12/31/2024
Last Earnings
1/29/2025
Today
3/10/2025
Ex-Dividend for 3/31 Dividend
3/17/2025
Dividend Payable
3/31/2025
Next Earnings (Estimated)
4/23/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Operative builders
Sub-Industry
Homebuilding
Current Symbol
NYSE:MTH
Employees
1,920
Year Founded
2015

Price Target and Rating

Average Stock Price Target
$106.25
High Stock Price Target
$118.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+41.7%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Trailing P/E Ratio
5.74
Forward P/E Ratio
7.94
P/E Growth
N/A
Net Income
$786.19 million
Pretax Margin
15.68%

Debt

Sales & Book Value

Annual Sales
$6.39 billion
Cash Flow
$11.35 per share
Price / Cash Flow
6.61
Book Value
$71.06 per share
Price / Book
1.06

Miscellaneous

Free Float
70,912,000
Market Cap
$5.38 billion
Optionable
Optionable
Beta
1.92
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This page (NYSE:MTH) was last updated on 3/11/2025 by MarketBeat.com Staff
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