Meritage Homes (MTH) Expected to Announce Quarterly Earnings on Wednesday

Meritage Homes (NYSE:MTH) is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.99 per share and revenue of $1.60 billion for the quarter.

Meritage Homes (NYSE:MTH) last released its earnings results on Wednesday, April 23rd. The construction company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.02). Meritage Homes had a net margin of 11.50% and a return on equity of 14.28%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the company posted $5.06 earnings per share. The business’s revenue for the quarter was down 8.5% on a year-over-year basis. On average, analysts expect Meritage Homes to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Meritage Homes Stock Performance

Meritage Homes stock opened at $69.44 on Wednesday. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.35. Meritage Homes has a 1 year low of $59.27 and a 1 year high of $106.99. The company has a market cap of $4.99 billion, a PE ratio of 5.68 and a beta of 1.37. The company’s 50-day moving average is $67.11 and its two-hundred day moving average is $71.80.

Meritage Homes Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were given a dividend of $0.43 per share. The ex-dividend date was Monday, June 16th. This represents a $1.72 dividend on an annualized basis and a yield of 2.48%. Meritage Homes’s payout ratio is presently 14.06%.

Insider Buying and Selling

In related news, Director Joseph Keough bought 4,000 shares of the company’s stock in a transaction on Thursday, June 12th. The shares were purchased at an average cost of $66.16 per share, for a total transaction of $264,640.00. Following the acquisition, the director owned 41,700 shares of the company’s stock, valued at approximately $2,758,872. This represents a 10.61% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Meritage Homes

Hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in shares of Meritage Homes by 51.7% during the 1st quarter. AQR Capital Management LLC now owns 12,937 shares of the construction company’s stock worth $917,000 after buying an additional 4,407 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Meritage Homes by 111.0% in the 1st quarter. Empowered Funds LLC now owns 32,971 shares of the construction company’s stock valued at $2,337,000 after buying an additional 17,343 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Meritage Homes by 134.3% in the 1st quarter. Royal Bank of Canada now owns 38,658 shares of the construction company’s stock valued at $2,740,000 after buying an additional 22,162 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Meritage Homes by 102.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 319,150 shares of the construction company’s stock valued at $22,621,000 after buying an additional 161,806 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Meritage Homes by 58.6% during the first quarter. Goldman Sachs Group Inc. now owns 1,058,850 shares of the construction company’s stock worth $75,051,000 after buying an additional 391,297 shares during the last quarter. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on MTH shares. Wall Street Zen downgraded shares of Meritage Homes from a “hold” rating to a “sell” rating in a research report on Monday, March 24th. Bank of America started coverage on shares of Meritage Homes in a research report on Monday, May 5th. They issued a “buy” rating and a $82.00 price target on the stock. JPMorgan Chase & Co. cut their price target on shares of Meritage Homes from $89.00 to $70.00 and set a “neutral” rating on the stock in a research report on Thursday, May 1st. Keefe, Bruyette & Woods cut their price target on shares of Meritage Homes from $90.00 to $77.00 and set a “market perform” rating on the stock in a research report on Monday, April 28th. Finally, UBS Group set a $107.00 price target on shares of Meritage Homes in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $96.13.

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.