Analysts Issue Forecasts for Meritage Homes FY2025 Earnings

Meritage Homes Corporation (NYSE:MTH) – Equities researchers at Keefe, Bruyette & Woods dropped their FY2025 earnings estimates for shares of Meritage Homes in a note issued to investors on Wednesday, October 29th. Keefe, Bruyette & Woods analyst J. Rahmani now anticipates that the construction company will post earnings of $6.69 per share for the year, down from their prior estimate of $7.08. Keefe, Bruyette & Woods currently has a “Market Perform” rating and a $75.00 price target on the stock. The consensus estimate for Meritage Homes’ current full-year earnings is $9.44 per share. Keefe, Bruyette & Woods also issued estimates for Meritage Homes’ Q4 2025 earnings at $1.56 EPS, Q1 2026 earnings at $1.36 EPS, Q2 2026 earnings at $1.94 EPS, Q3 2026 earnings at $1.73 EPS, Q4 2026 earnings at $1.90 EPS and FY2027 earnings at $7.91 EPS.

Meritage Homes (NYSE:MTH) last issued its quarterly earnings results on Tuesday, October 28th. The construction company reported $1.39 earnings per share for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.32). The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Meritage Homes had a return on equity of 10.37% and a net margin of 8.96%.Meritage Homes’s quarterly revenue was down 11.8% compared to the same quarter last year. During the same period last year, the firm posted $5.34 earnings per share. Meritage Homes has set its Q4 2025 guidance at 1.510-1.700 EPS.

Several other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Meritage Homes from $70.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, July 28th. Bank of America dropped their price objective on shares of Meritage Homes from $85.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Wedbush dropped their price objective on shares of Meritage Homes from $103.00 to $90.00 and set a “neutral” rating on the stock in a report on Friday, July 25th. UBS Group set a $101.00 price objective on shares of Meritage Homes and gave the company a “buy” rating in a report on Thursday. Finally, Evercore ISI dropped their price objective on shares of Meritage Homes from $82.00 to $78.00 and set an “in-line” rating on the stock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $83.43.

Meritage Homes Price Performance

NYSE MTH opened at $67.60 on Monday. The company has a market cap of $4.81 billion, a PE ratio of 6.87 and a beta of 1.42. Meritage Homes has a 52 week low of $59.27 and a 52 week high of $98.74. The company has a quick ratio of 2.16, a current ratio of 1.95 and a debt-to-equity ratio of 0.35. The firm’s 50-day simple moving average is $73.70 and its two-hundred day simple moving average is $70.60.

Meritage Homes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.43 per share. The ex-dividend date was Tuesday, September 16th. This represents a $1.72 annualized dividend and a dividend yield of 2.5%. Meritage Homes’s dividend payout ratio is currently 17.48%.

Insider Buying and Selling at Meritage Homes

In related news, CEO Phillippe Lord sold 6,950 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $80.01, for a total value of $556,069.50. Following the transaction, the chief executive officer directly owned 221,320 shares in the company, valued at approximately $17,707,813.20. This represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MTH. Cambridge Investment Research Advisors Inc. increased its position in shares of Meritage Homes by 151.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,202 shares of the construction company’s stock worth $440,000 after purchasing an additional 3,731 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Meritage Homes by 128.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 57,922 shares of the construction company’s stock worth $4,117,000 after purchasing an additional 32,553 shares during the last quarter. KBC Group NV increased its position in shares of Meritage Homes by 94.8% in the first quarter. KBC Group NV now owns 3,266 shares of the construction company’s stock worth $231,000 after purchasing an additional 1,589 shares during the last quarter. Amalgamated Bank increased its position in shares of Meritage Homes by 94.4% in the first quarter. Amalgamated Bank now owns 20,623 shares of the construction company’s stock worth $1,462,000 after purchasing an additional 10,012 shares during the last quarter. Finally, New York State Teachers Retirement System increased its position in shares of Meritage Homes by 99.6% in the first quarter. New York State Teachers Retirement System now owns 98,150 shares of the construction company’s stock worth $6,957,000 after purchasing an additional 48,975 shares during the last quarter. 98.44% of the stock is currently 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.